Bitstamp will begin transferring its assets under management to BitGo's cold wallets on Oct. 10.
Pete Najarian previously worked for bitcoin service provider Xapo as senior vice president of institutions.
The wallet will maintain user's anonymity, but will also be recoverable.
Crypto entrepreneur and investor Ben Davenport is joining Blockchain Capital as a venture partner.
BitGo is launching a new clearing and settlement service, allowing off-chain transactions between clients so assets never leave custody.
Crypto custody provider BitGo has hired Nick Carmi, former head of forex trading at a number of Wall Street banks.
BitGo has passed an advanced security review by an outside monitor, claiming to be the first crypto firm to receive this level of certification.
Non-custodial exchange LGO Markets has built its own hardware storage device and will also offer multi-signature wallets through BitGo.
Coinbase has revealed the details of its $255 million insurance policy for crypto held on customers' behalf.
A group of blockchain firms called Universal Protocol Alliance is launching a euro-pegged stablecoin that can be staked to earn annual returns.