Trezor and Gray Release Corazon Series ‘Luxury’ Hardware Wallets

Trezor and Gray Release Corazon Series "Luxury" Hardware WalletsOn Jan. 16, hardware wallet manufacturer Satoshilabs, the creator of the Trezor line of cryptocurrency devices, announced its latest partnership with the mechanical artistry and design company Gray. The luxury designer is well known for its mobile collections like Zyra and Alter Ego and the two companies have now released a “luxury” aerospace-grade titanium hardware […]

The post Trezor and Gray Release Corazon Series ‘Luxury’ Hardware Wallets appeared first on Bitcoin News.

New BitGo Partnership Lets Clients Trade Crypto Directly From Cold Storage

BitGo Genesis.jpg

American crypto wallet and custodial firm BitGo has teamed up with Genesis Global Trading, a digital asset trading firm, to improve the crypto trading experience for its institutional investors.

Investors who use BitGo’s custody service can now trade their assets directly from their BitGo custody account, without the need to move the assets to an exchange.

“Institutional investors want to put their assets to work and they want security,” Mike Belshe, BitGo’s CEO, told Bitcoin Magazine. “Until now, they’ve had to make compromises on one front or the other, choosing to trade off security for speed of withdrawals from custody. Now, as a result of our partnership with Genesis, they have access to multiple trading venues without ever having to move their assets from the security of cold storage.”

The partnership will allow BitGo’s institutional clients to access instant pricing for buy and sell orders. For example, if an investor holds 250 BTC in storage with BitGo, they can get real-time pricing for buy and sell orders, execute transactions from within their BitGo account and have it settled same day.

In a statement, Belshe said, “Our partnership with Genesis, a FINRA and SEC regulated company, gives our clients access to liquidity through Genesis’ robust network of trading partners. And that solves the real problem which is the need to access liquidity — not the need to speed up withdrawals.”

The South Dakota Division of Banking granted BitGo a charter in September 2018 — an approval that allowed the startup to act as a qualified custodian of cryptocurrencies in the state.

Genesis, the subsidiary of blockchain venture capital firm Digital Currency Group, offers over-the-counter trading to its investors and it became the first New York-based firm to receive a BitLicense.

Genesis Global Trading recently revealed that the company saw a 50 percent increase in its OTC trading volumes for 2018, which shows that the company was not shaken by the effects of the bear market that started last year.

This article originally appeared on Bitcoin Magazine.

Bitcoin Trades Flat as Crypto Markets Experience Mixed Trading Session

Bitcoin is currently trading sideways, which is leading the crypto markets to experience a mixed trading session following yesterday’s volatility. Ethereum is currently one of the worst performing altcoins as it has failed to post a strong recovery following yesterday’s drop that was caused by its highly-anticipated Constantinople hard fork being delayed. Although the crypto markets

The post Bitcoin Trades Flat as Crypto Markets Experience Mixed Trading Session appeared first on NewsBTC.

Custodial Bitgo Clients Can Now Access Genesis Global’s OTC Pools

Custodial Bitgo Clients Can Now Access Genesis Global's OTC PoolsOn Wednesday, cryptocurrency custodial service Bitgo and over-the-counter (OTC) brokerage house Genesis Global announced a partnership to provide fast and secure trades directly from Genesis’ cold storage solution. Essentially, institutional investors who store their assets with Bitgo will be able to access cryptocurrency quotes in a high-frequency fashion similar to acquiring stocks or equities from […]

The post Custodial Bitgo Clients Can Now Access Genesis Global’s OTC Pools appeared first on Bitcoin News.