BitGo set to transition Wrapped Bitcoin business to multi-jurisdictional custody

Cryptocurrency custody platform BitGo is set to move its Wrapped Bitcoin business to a multi-jurisdictional and multi-institutional custody structure to ramp up its security efforts. Currently, BitGo’s Wrapped Bitcoin (WBTC) custody operations... Read more »

Brutal Selloff Skims Froth From Japan’s $6 Trillion Stock Market

(Bloomberg) — Japanese equities shed $1.1 trillion in value as they kicked off August with a record three-day loss. For bullish investors, that’s providing a fresh reason to buy what has been... Read more »

Hodler’s Digest, Aug. 4-10 – Cointelegraph Magazine

Top Stories of The Week XRP rockets 26% as Ripple execs hail $125M penalty as ‘victory’ The price of XRP surged 26% as a New York federal judge moved closer to ending... Read more »

Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff

Defunct cryptocurrency exchange Celsius has filed a lawsuit against Tether alleging misappropriation of assets and seeking approximately $3.5 billion in BTC returns, damages, and legal fees.  Up front: Tether reports that Celsius,... Read more »

The latest stock market crash wasn’t a fluke, and it signals more trouble coming for the economy, investor Mark Mobius says

Richard Brian/Reuters The recent sell-off in stocks could be a warning sign for what’s coming for the economy, Mark Mobius said. The billionaire investor flagged the risk of recession in an interview... Read more »
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