BitGo Holdings, a leading cryptocurrency custody provider, has officially launched its initial public offering (IPO) in the United States, signaling a major step in its expansion as a regulated financial services company. The IPO filing with the US Securities and Exchange Commission (SEC) outlines plans to raise up to $201 million while targeting a valuation of nearly $1.96 billion. The offering will consist of 11 million new shares of Class A common stock issued by BitGo, along with 821,595 shares from existing stockholders, totaling roughly 11.8 million shares. Based on the proposed price range of $15 to $17 per share,…
Author: Blockto Team
The public token sale for decentralized perpetuals exchange Trove Markets has come under scrutiny after last-minute contract changes and mixed communications triggered confusion across both investors and prediction market traders. The sale ultimately raised over $11.5 million, but the final moments sparked allegations of poor governance and market disruption. As the token sale approached its scheduled conclusion, onchain observers noticed a sudden update to the sale contract, extending the deposit deadline to January 20. This change appeared to allow new capital to enter the sale after many participants believed fundraising had ended. At the same time, unusual activity emerged in…
Advances in quantum computing are increasingly viewed as a long-term risk to the $2 trillion Bitcoin network, raising concerns about the durability of today’s cryptographic security. In response, post-quantum cryptography firm BTQ Technologies has introduced Bitcoin Quantum, a permissionless fork and testnet designed to explore defenses against quantum-enabled attacks. Quantum computers are capable of solving certain mathematical problems exponentially faster than classical machines. This creates two major risks for Bitcoin: the potential to derive private keys from public keys and to weaken the proof-of-work mechanism that secures transaction ordering. Either scenario could undermine trust in the network’s core security model.…
Future Holdings AG, a Swis Bitcoin treasury firm backed by Adam Back, has agreed to preliminary takeover terms with Sweden-listed H100 Group, marking a potential milestone in Europe’s growing institutional Bitcoin landscape. The move reflects rising interest in public-market Bitcoin treasury structures as companies seek regulated exposure to digital assets. Future Holdings confirmed it has signed a non-binding letter of intent with H100 that outlines the acquisition of 100% of its shares. The transaction aims to merge Future’s Swiss presence with H100’s listed structure, creating what both parties describe as a credible governance framework for long-term institutional adoption. Founded in…
Strategy has completed its largest Bitcoin purchase since July, strengthening its position as the world’s biggest publicly traded Bitcoin holder. The latest acquisition underscores continued institutional confidence in Bitcoin, even as prices hover near historic highs. During the past week, Strategy acquired 13,627 BTC for approximately $1.25 billion, paying an average price of about $91,519 per Bitcoin. With this purchase, the company’s total Bitcoin holdings climbed to 687,410 BTC, accumulated at a combined cost of $51.8 billion. This brings its average purchase price to roughly $75,353 per Bitcoin, highlighting the firm’s long-term accumulation approach rather than short-term market timing. According…
OKX founder and CEO Star Xu has publicly defended the exchange’s decision to freeze approximately $40,000 in stablecoins after a user admitted that the accounts involved were purchased KYC-verified accounts, rather than registered under their own identity. The case has reignited debate around identity compliance, asset security, and user responsibility on centralized crypto platforms. The issue surfaced after a social media user claimed that multiple accounts were locked following internal risk control triggers. The frozen funds were reportedly held in USDG stablecoins, with the user stating the money was intended for urgent medical expenses. However, the individual later acknowledged that…
Bitcoin’s position as a non-sovereign financial asset is drawing renewed attention after reports confirmed a criminal investigation into US Federal Reserve Chair Jerome Powell. Analysts suggest the development could introduce additional risk premia for Bitcoin, as concerns grow over political influence on monetary policy and broader market stability. Federal prosecutors are reportedly examining testimony Powell delivered to a Senate committee regarding renovations of Federal Reserve buildings. In a public statement, Powell said the investigation stems from the Fed’s commitment to setting interest rates based on economic assessments, rather than political demands. Former President Donald Trump has repeatedly criticized Powell for…
Crypto investment products faced renewed pressure last week as investor confidence weakened over fading expectations of a near-term US interest rate cut. A sustained run of withdrawals reversed part of the strong inflows seen at the start of 2026, highlighting how closely digital asset markets remain tied to macroeconomic signals. According to coinshares market data, crypto exchange-traded products (ETPs) recorded $454 million in net outflows over the week. The pullback followed a four-day stretch of withdrawals, trimming earlier gains after roughly $1.5 billion in inflows during the first two trading days of the year. Despite the setback, month-to-date flows remained…
Tether has frozen more than $182 million worth of USDT linked to five wallet addresses on the Tron blockchain, marking one of the largest coordinated stablecoin freezes in recent months. The action reflects the stablecoin issuer’s continued focus on law enforcement cooperation and regulatory compliance amid rising scrutiny of illicit crypto activity. Onchain data showed that multiple Tron-based wallets were blacklisted within the same day, with individual balances ranging from approximately $12 million to $50 million. The freezes were carried out as part of an ongoing investigation, following formal requests from authorities. Tether stated that such actions are taken when…
Analysis highlights regulatory pressure as main driver of account closures New research indicates that most debanking incidents in the United States result from government influence rather than individual bank policies. According to report from the Cato Institute, regulatory and legislative pressure has played a central role in account closures affecting political, religious, and crypto-related clients. Government Pressure Drives Debanking Cato Institute analyst Nicholas Anthony categorizes debanking into three types: religious or political, operational, and government-driven. The report finds that government debanking—where authorities directly or indirectly pressure banks—is the predominant cause. Direct action includes letters or court orders instructing banks to…