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Bharat Web3 Association to Host Web3 Cybersecurity Workshop in Bengaluru on May 8
The Bharat Web3 Association has announced a cybersecurity workshop to be hosted in Bengaluru on May 8. Sridhar Govardhan, the chief information security officer (CISO) of CoinDCX has been invited to discuss the lessons that can be taken from recent breaches that dented the Web3 space. Other senior members from companies like CoinSwitch and Mudrex a...
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WazirX Partners With BitGo for Asset Custody Services Amid Ongoing Financial Restructuring
On Wednesday, March 12, WazirX announced BitGo as its official asset custodian. Through this partnership, WazirX will leverage BitGo’s institutional-grade infrastructure, multi-signature wallets, and insurance coverage of up to $250 million (approximately Rs. 2,180 crore) to restore community trust.Â
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BitGo’s Acquisition of Prime Trust Falls Apart, Leaving Latter to Halt Deposits, Withdrawals: Details
BitGo, based in California, has decided to not go ahead with the acquisition of Nevada-based Prime Trust just two weeks after finalising the deal. While BitGo did not specify exactly what made it pull out of an almost finalised deal, it did say that the decision would fare better for its own business in the coming times.
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FTX Bankruptcy: BitGo Recovers $740 Million in Crypto Assets So Far, Court Filings Show
FTX assets worth $740 million (roughly Rs. 6,040 crore) have been recovered and secured so far, according to BitGo, the company tasked with locking down the assets of the failed cryptocurrency exchange. The biggest worry for many of FTX's customers is they'll never see their money again. The assets recovered include not only Bitcoin and ethereum, b...
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Galaxy Digital Sued For $100 Million For Ditching Landmark BitGo Deal
Galaxy Digital Holdings Ltd, a crypto financial services firm, should pay at least $100 million in damages for walking away from its $1.2 billion takeover deal for BitGo Inc, the digital asset custodian said in a court filing made public on Thursday.
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Galaxy Digital Pulls Back from BitGo Acquisition as Crypto Sector’s First Billion Dollar Deal Falls Apart
Galaxy Digital, a crypto-focussed fintech firm, has pulled itself back from acquiring BitGo, a San Francisco-based crypto startup. As per Galaxy Digital, BitGo did not provide financial statements that has led to the collapse of the high-end deal.
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Bharat Web3 Association to Host Web3 Cybersecurity Workshop in Bengaluru on May 8
The Bharat Web3 Association has announced a cybersecurity workshop to be hosted in Bengaluru on May 8. Sridhar Govardhan, the chief information security officer (CISO) of CoinDCX has been invited to discuss the lessons that can be taken from recent breaches that dented the Web3 space. Other senior members from companies like CoinSwitch and Mudrex a...
-
WazirX Partners With BitGo for Asset Custody Services Amid Ongoing Financial Restructuring
On Wednesday, March 12, WazirX announced BitGo as its official asset custodian. Through this partnership, WazirX will leverage BitGo’s institutional-grade infrastructure, multi-signature wallets, and insurance coverage of up to $250 million (approximately Rs. 2,180 crore) to restore community trust.Â
-
BitGo’s Acquisition of Prime Trust Falls Apart, Leaving Latter to Halt Deposits, Withdrawals: Details
BitGo, based in California, has decided to not go ahead with the acquisition of Nevada-based Prime Trust just two weeks after finalising the deal. While BitGo did not specify exactly what made it pull out of an almost finalised deal, it did say that the decision would fare better for its own business in the coming times.
-
FTX Bankruptcy: BitGo Recovers $740 Million in Crypto Assets So Far, Court Filings Show
FTX assets worth $740 million (roughly Rs. 6,040 crore) have been recovered and secured so far, according to BitGo, the company tasked with locking down the assets of the failed cryptocurrency exchange. The biggest worry for many of FTX's customers is they'll never see their money again. The assets recovered include not only Bitcoin and ethereum, b...
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Galaxy Digital Sued For $100 Million For Ditching Landmark BitGo Deal
Galaxy Digital Holdings Ltd, a crypto financial services firm, should pay at least $100 million in damages for walking away from its $1.2 billion takeover deal for BitGo Inc, the digital asset custodian said in a court filing made public on Thursday.
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Galaxy Digital Pulls Back from BitGo Acquisition as Crypto Sector’s First Billion Dollar Deal Falls Apart
Galaxy Digital, a crypto-focussed fintech firm, has pulled itself back from acquiring BitGo, a San Francisco-based crypto startup. As per Galaxy Digital, BitGo did not provide financial statements that has led to the collapse of the high-end deal.
