News linked to both this project and an event.
Odaily reports: According to Onchain Lens monitoring, a whale bought the following tokens from BitGo in the past hour, with a total value of approximately $42.3 million: 14,600 ETH, worth about $34.24 million; 415,690 LINK, worth about $4.81 million; 16,570 AAVE, worth about $2.23 million; 144,840 UNI, worth about $1.02 million.
According to Onchain Lens monitoring, Cumberland (0x83B...Fc2e4) transferred 10.31 million USD1 to BitGo, worth approximately $10.3 million, possibly for over-the-counter (OTC) trading.
According to on-chain analyst Yujin (@EmberCN), the wallet address of Nasdaq-listed SOL treasury company @skyaico (Nasdaq: SKYA) transferred out 468,000 SOL (approximately $51.1 million) within the past day, with 218,000 SOL flowing into multiple CEXs and 250,000 SOL being transferred to institutional custody platform BitGo. According to the latest disclosures released by the company on September 14, which indicated it held over 2 million SOL in reserves at that time, this transfer accounts for approximately 20% of its total SOL holdings.
Odaily News: According to on-chain analyst Ember, the address associated with SOL treasury company @skyaico (Nasdaq: SKYA) transferred out 468,000 SOL in the past day, worth $51.1 million, of which 218,000 SOL was transferred to multiple CEXs and 250,000 SOL was transferred to institutional service platform BitGo. The latest filing released by SKYA on September 14 showed that the company held more than 2 million SOL in reserves at that time.
According to a report by The Financial Times, DWF Maas and Falcon Digital, subsidiaries of DWF Labs, have sued crypto custody firm BitGo at the London High Court, alleging that it breached an over-the-counter (OTC) agreement by selling Falcon Finance (FF) and ESPORTS tokens before the stipulated lock-up period expired, leading to a decline in the tokens' prices. According to the complaint, the agreement stipulated that the tokens would be purchased at a discount, subject to a three-month lock-up period followed by a phased unlock schedule. DWF alleges that BitGo transferred the tokens to an exchange approximately two months prior to the initial unlock, exerting downward pressure on the market and diminishing the value of its remaining holdings, for which it is seeking $141 million in damages. BitGo has declined to comment on the lawsuit, and the allegations remain unadjudicated.
according to Lookonchain monitoring, an ENA whale that had been dormant for over a year sold another 37.725 million ENA through BitGo 12 hours ago, worth $9.25 million; it currently still holds 119.82 million ENA, worth $29.6 million.
According to Lookonchain monitoring, a whale deposited 30 million ENA worth $6.98 million to Binance via BitGo today after being dormant for over a year. The whale still holds 157.55 million ENA, worth $36.74 million.
According to on-chain analyst Onchain Lens (@OnchainLens), the team allocation wallet for Donald Trump's official Meme token has transferred 8.73 million $TRUMP (approximately $17.99 million) to BitGo custody. Over the past two weeks, the team has cumulatively transferred approximately 31 million $TRUMP to BitGo (approximately $70.64 million).
Odaily News: A Bitcoin wallet created on November 2, 2011, transferred 100 BTC at block height 967732, worth more than $8 million at current prices. When the wallet was acquired, Bitcoin was priced at $3.24, meaning the 100 BTC cost approximately $324, representing an unrealized return of about 2,469,000%.On the same day, four wallets created between February and March 2013 each transferred 25 BTC, totaling 100 BTC, which were consolidated into a wallet belonging to crypto custody firm BitGo. On-chain characteristics indicate that these bitcoins originally came from block rewards in March 2013; the miner has been continuously transferring similar amounts of BTC to BitGo in batches since August 2025.The two transfers totaled 200 BTC, currently worth more than $16 million. The new address of the 2011 wallet is a P2WPKH address and has not been flagged by major block explorers as an OTC desk or centralized exchange address; whether the funds the 2013 miner transferred to BitGo have been sold cannot be confirmed from on-chain information. (Bitcoin.com News)
Odaily News: Digital asset infrastructure company BitGo has announced the completion of its acquisition of NYDIG's institutional trading business. The transaction employs a two-step merger structure, with total consideration of approximately $42.5 million, including $7 million in cash and approximately $35.5 million in BitGo stock.The business brings approximately 30 NYDIG employees and institutional client relationships into BitGo, offering derivatives, structured products, financing, and capital markets solutions to asset management firms, hedge funds, corporations, and family offices.The transaction also includes performance-based incentive provisions, including a $10 million cash payment tied to a revenue milestone, up to $5 million in cash and additional shares tied to a second milestone, as well as retention incentives for transferred employees.NYDIG will focus on power generation, Bitcoin mining, and high-performance computing data center operations, with the company disclosing a development pipeline exceeding 3 gigawatts. BitGo recently completed its IPO on the New York Stock Exchange, with a post-issuance valuation of approximately $2 billion, and launched the USDS token. (Decrypt)
According to on-chain analyst Yu Jin, the TRUMP token team address (2RH...FSK) transferred out 3.837 million SOL, valued at $9.33 million, one hour ago, routing through BitGo before entering OKX.
Odaily News: Since the launch of Sui's Hashi Bitcoin lending protocol testnet on July 22, it has processed over 1.1 million Bitcoin deposits and 165,000 withdrawals within three weeks. As of last week, more than 25 institutions had participated in the system's stress testing. Participating institutions include digital asset custodian BitGo, trading firm Cumberland, as well as Swissborg, Fluid, and Ledger, covering areas such as trading, custody infrastructure, and wealth management platforms. Hashi allows users to deposit native Bitcoin, which is confirmed by Sui validators before minting hBTC for on-chain lending and stablecoin borrowing. Deposits utilize a 2-of-2 multi-signature mechanism with MPC validator signatures, while withdrawals require review by the Guardian Layer; the project team will proceed with the 2026 mainnet launch only after this security layer completes its security audit. (Bitcoin.com News)
Odaily News, Mizuho analysts lowered the price target for crypto custodian BitGo from $14 to $11, while maintaining an "Outperform" rating. At the time of the report, BitGo's stock was trading at approximately $5.61.Mizuho believes that the market generally views the delay of the U.S. crypto market structure bill, the Clarity Act, as bearish, but for BitGo, this could actually be an advantage. This is because BitGo already operates the first federally chartered digital asset trust bank owned by a public company, and its regulatory standing does not depend on the passage of new legislation.Analysts noted that the Clarity Act aims to establish a framework for the U.S. digital asset market structure and clarify the division of powers among different regulatory agencies. However, due to repeated negotiations on key issues, the bill has faced ongoing delays.In Mizuho's view, the longer regulatory uncertainty persists each quarter, the more BitGo's existing licenses and first-mover compliance advantages accumulate, and the higher the barriers for new entrants. In other words, the later regulation is finalized, the more "trusted and already licensed" becomes BitGo's core competitive strength.
According to Arkham monitoring, Alameda Research-associated addresses transferred a total of $8.25 million worth of SOL to BitGo custody wallets via 24 transactions, speculated to be for distribution to FTX creditors. Arkham data shows that Alameda currently still holds SOL worth over $200 million.
Odaily News According to Onchain Lens monitoring, the Alameda Research/FTX bankruptcy wallet transferred 201,780 SOL (approximately $15.2 million) to multiple BitGo custody wallets 10 hours after unstaking 201,740 SOL. The related funds are being redirected for over-the-counter sales. Meanwhile, FTX founder Sam Bankman-Fried remains incarcerated, serving a 25-year prison sentence.
Odaily News: According to on-chain analyst Ember's monitoring, Bitmine (0x95d...c44) received 13,000 ETH from BitGo 5 minutes ago, worth $24.36 million.
: Bitgo CEO Mike Belshe deposited 100 BTC into a public Bitcoin address on August 1, worth approximately $6.3 million at the time, and invited Anthropic's Claude model to attempt to move the funds out of the address. On-chain records show the wallet received the funds on July 31, and the balance had not been transferred out as of August 2. Anthropic previously disclosed that during 141,006 cybersecurity assessment runs, 3 incidents were found, with 6 evaluation sessions involving 3 models inadvertently interacting with real organizational systems. The models involved include Claude Opus 4.7, Claude Mythos 5, and an unreleased internal research model. The cause was a configuration error by third-party testing partner Irregular, which led to the test environment being connected to the internet. Anthropic stated that Claude Opus 4.7, during one evaluation, located a real website with the same name as a simulated company, exploited weak passwords and exposed services to recover infrastructure credentials, and accessed a production database containing hundreds of records. The company said the model was attempting to complete assigned tasks, not actively breaking constraints or pursuing independent goals. Belshe's challenge involves Bitgo's institutional custody platform, which uses multi-signature or multi-party computation technology to distribute signing authority across multiple independent keys. As of August 2, Anthropic had not publicly responded to the challenge.
According to on-chain analyst Ember (@EmberCN), Bitmine continued to increase its Ethereum holdings this week, receiving 7,500 ETH from BitGo 4 hours ago, valued at approximately $14.61 million.
According to on-chain analyst Yu Jin, the TRUMP team token address unlocked and transferred out 10.837 million TRUMP tokens approximately 45 minutes ago, valued at approximately $16.91 million at current prices. Yu Jin stated that judging by the on-chain paths of the previous two unlocked transfers from this address, the tokens transferred out this time are expected to first be transferred into BitGo, and subsequently flow into centralized exchanges such as OKX.
according to Onchain Lens monitoring, after a month of dormancy, a whale withdrew 96,930 HYPE from BitGo, valued at $6.01 million. The wallet currently holds 139,206 HYPE, worth $8.6 million.