Crypto Industry Update: Binance’s Closure, Prime Trust’s Bankruptcy, BitGo’s Funding, and PayPal’s Hub
It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new crypto features and services. Binance’s buy-and-sell crypto arm was shut down on Aug.16, with the crypto exchange remaining under widespread regulato ...
BitGo Raises $100 Million in Funding, Valuation Reaches $1.75 Billion
The startup's valuation now stands at $1.75 billion. The company did not disclose investors in the latest round. Cryptocurrency custodial service BitGo was able to secure $100 million in investment in its latest funding round, Bloomberg reported. The firm did ...