Bitgo

DWF Labs subsidiaries DWF Maas and Falcon Digital have filed a London lawsuit against crypto custodian BitGo over alleged early sales of discounted tokens. The companies are seeking $114 million in damages, claiming the sales breached three-month lock-up terms and contributed to sharp price declines.

Rain has applied for an Office of the Comptroller of the Currency charter for a proposed New York national trust bank focused on digital asset custody, dollar custody, stablecoin reserves, and token issuance and redemptions. The bid comes as crypto firms push for federal trust-bank supervision while community banks challenge the OCC’s authority to approve limited-purpose charters for companies that do not offer traditional banking services.

BitGo is buying NYDIG IF Holdings in a transaction valued at $42.5 million in cash and stock, with another $15 million in cash tied to revenue milestones. The acquisition adds institutional trading capabilities, including derivatives, structured products, financing and capital markets services, to BitGo’s custody and wallet business.

Core Lightning developers have urged Bitcoin Lightning node operators to take protective steps after AI-generated vulnerability reports uncovered genuine flaws. Operators unable to upgrade immediately have been told to restart with --offline rather than shut machines down, preserving blockchain monitoring for channel funds.

More than three dozen bitcoin and crypto companies are pressing major AI labs to provide early access to powerful models for open-source security work. The firms argue that safety filters and closed trusted-partner programs are slowing defenders while attackers face fewer limits.

BitGo is set to replace LayerZero with Chainlink CCIP as the exclusive cross-chain provider for WBTC, adding major weight to a broader infrastructure migration. The announced LayerZero-to-Chainlink shift now covers roughly $14.6 billion following heightened scrutiny after the Kelp DAO bridge exploit.

Robinhood Chain has quickly become one of the busiest blockchain networks for decentralized exchange activity after its public mainnet launch. The early performance points to rising demand for tokenized equities, stablecoins and real-world asset use cases across DeFi.

Crypto companies are facing a tougher path to public markets as investor caution, weaker trading conditions and capital rotation into artificial intelligence weigh on listing plans. Market participants say access to capital, not regulation, has become the central obstacle for would be crypto IPO candidates.

Circle has received final approval from the U.S. Office of the Comptroller of the Currency to establish Circle National Trust, a federally supervised national trust bank. The move strengthens the USDC issuer’s position in regulated digital asset custody as more crypto firms pursue federal banking approvals.

BitGo jumped as much as 20% after approving a $50 million share repurchase program. The move comes as the stock still trades more than 65% below its January IPO price.

BitGo says European crypto firms facing the MiCA deadline can use its Crypto-as-a-Service platform to transition clients into compliant sub-accounts. The move could give eligible firms a faster route to meet the new regulatory requirements.