South Korean Hana Bank enters crypto custody business with BitGo
KEB Hana Bank and BitGo plan to launch a joint cryptocurrency custody venture in the second half of 2024.
Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub
This week's Crypto Biz explores Binance Connect shutdown, BitGo's funding round, PayPal Crypto Hub, and other news.
US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
Vice Chancellor J. Travis Laster of the Delaware Court of Chancery said Galaxy had a “clean termination right” to the acquisition of BitGo, which it announced in 2022.
Crypto custodian BitGo signals intent to acquire Prime Trust
Should the deal go through, Prime Trust’s infrastructure will “map over 1:1” with BitGo’s services, and add another trust company and crypto IRA fund.
Securities token platform launches MPC wallet for institutions
The Web3 wallet allows institutions to control which employees are allowed to use the tokens held within it.