Claiming they had to cut staff to prepare for their future ambitions, departments all over BitGO are now seeing cuts.
As more industries continue to adopt blockchain and cryptos, authorities are striving to keep up with Belgium, Germany, Japan and more making moves this week.
P2SH was a standard script introduced by then Bitcoin Core developers in 2012 that allows users to create custom “redeemable scripts.”
The crypto custodian, which is preparing to expand its operations in Japan, is looking for a new sales director to help grow its client base.
BitGo has decided to introduce a new facility that could be viewed as counterproductive to the advance of digital assets.
Crypto services firm BitGo has been accused of using ‘ambiguous language’ when describing its new insurance coverage.
Custodial assets held by BitGo are covered by the Lloyd’s insurance market up to the value of $100 million, with the firm itself covered by a variety of policy types to its customers.
Investment giant Goldman Sachs has led a successful $59 million Series B funding round in crypto custodian service BitGo, in the latest example of a major Wall Street institutional investor backing the cryptocurrency sector.
The South Dakota Division of Banking has approved the BitGo Trust Company’s application as a cryptocurrency custodian.