BitGo receives trust license from New York regulators

Major American digital asset custody and security company BitGo has acquired a New York Trust license from the New York State Department of Financial Services. According to an announcement, the new charter enables BitGo to provide custodial services for institutional clients in New York seeking to make large investments in […]

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Grayscale Purchases Litecoin, Bitcoin Cash, and Ethereum Classic

Grayscale, the world’s largest crypto assets manager, has accelerated its accumulation of several digital assets including Litecoin, Bitcoin Cash, and Ethereum Classic. The total value of the company’s crypto assets under management stands at around $39 billion. According to the latest data published by crypto analytics firm Bybt.com, Grayscale purchased […]

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Private Crypto Wallet Transactions Now Verifiable Via CoolBitX’s Sygna Bridge And Elliptic’s API Solution

Blockchain security company CoolBitX has released the Sygna Bridge Wallet Address Filter API to allow Virtual Asset Service Providers (VASP) to verify private wallet transactions and flag suspicious entities to authorities. Founded in 2014, CoolBitX is a FinTech firm specializing in manufacturing secure, US-patented digital asset hardware and developing smart […]

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Crypto Scams Are Going Rampant in Nigeria

Nigeria is turning into a den of cryptocurrency scams as more and more fraudsters are targeting locals to pull off scams, according to a study by Israeli blockchain analytics firm, Whitestream. Crypto media Coindesk reported that the blockchain analytics firm uncovered four recent cryptocurrency scams which originated from the Nigerian capital Lagos. […]

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