PHP Foundatio2026-10-22 00:59:07PHP Foundation says delayed fix for critical flaws was a structural failureThe PHP Foundation said delays in fixing critical security flaws first identified in 2024 stemmed from hesitation in decision-making and a lack of resources, describing the lapse as a "structural failure." PHP, a programming language widely used across websites and web applications, has now issued emergency patches for two related critical vulnerabilities. The flaws could allow unauthenticated attackers to execute code on affected servers without logging in. The issue prompted operational responses in several countries. Some government websites or online services in the Netherlands, Finland, France, Germany and Australia were temporarily taken offline to prepare for patch deployment. Security firm Calif and OpenAI each reported the same underlying issue on Aug. 11, with Calif also demonstrating unconditional remote code execution. In the crypto sector, blockchain security firm SlowMist reviewed PHP exposure and found direct PHP fingerprints on 793 of 1,488 domains it assessed. Intersect temporarily shut its Members Area, while Coinbase said it found no affected PHP instances and digital asset infrastructure company BitGo said its platform was not impacted. Binance co-founder Changpeng Zhao urged users to stay cautious when visiting websites, and OpenAI released a Codex skill to help check vulnerable PHP versions.80
Dolomite2026-10-21 19:52:18Dolomite Adds $100 Million in Concrete’s Bitcoin-Backed CollateralDolomite has added $100 million in Bitcoin-backed collateral from Concrete, according to The Defiant. The setup allows borrowers to take loans against Bitcoin held with BitGo rather than moving the asset directly into an onchain liquidation path. A key detail is how risk is handled if positions need to be unwound: liquidations do not happen through an instant onchain sale. Instead, they require settlement through offchain custody. That structure sets this collateral model apart from more typical DeFi liquidations, where assets are often sold automatically onchain once thresholds are breached. The report identifies BitGo as the custodian holding the Bitcoin and Concrete as the platform enabling borrowing against it. The addition expands the amount of collateral available on Dolomite while also highlighting the operational distinction between onchain lending interfaces and offchain custody-based settlement when liquidation events occur.20
Kalshi2026-10-21 14:41:08Kalshi to work with BitGo on bitcoin-collateralized leveraged perpetualsPrediction market platform Kalshi will work with digital asset custodian BitGo to offer some clients the ability to trade leveraged perpetual contracts using cryptocurrencies as collateral, according to Techub, citing Bloomberg. The feature would let users post bitcoin and other crypto assets as margin on the Kalshi platform. With that collateral in place, eligible clients would be able to enter leveraged futures-style trades. The report identifies BitGo as the custody partner for the arrangement and says the service will be available to a subset of customers rather than the full user base. No launch date, product terms, or supported leverage levels were disclosed in the brief. The report frames the offering as a way for clients to use existing crypto holdings as trading collateral on Kalshi.20
Kalshi2026-10-21 14:42:21Kalshi and BitGo roll out crypto-backed borrowing setup for select clientsBloomberg reported that prediction market platform Kalshi has entered a new arrangement with crypto custody firm BitGo that will let certain clients borrow against digital assets held in custody and use the loan proceeds as margin for leveraged perpetual futures trading on the Kalshi exchange. The setup is aimed at clients of Kalshi Prime, Kalshi’s U.S.-registered futures commission merchant, and uses a three-party collateral management structure. Loans will be issued by affiliated lending company Kalshi Katalyst, while pledged assets will be held at BitGo Bank & Trust. Eligible collateral includes Bitcoin, Ether, and stablecoins viewed as compliant with the GENIUS Act. The report added that other custodians are expected to be added later. Kalshi Prime CEO Jeff Bandman said the arrangement is designed to let clients trade without exiting their crypto positions, and could appeal to crypto-native trading firms and whales holding large digital asset balances.20
BitGo2026-10-21 11:09:06BitGo launches BitGo Labs with an initial focus on AI and crypto use casesBitGo has created a new research and innovation unit, BitGo Labs, to design, launch and test what it described as the next breakthrough applications in digital assets. The company said the group will focus on use cases that can only be enabled by crypto, including interest and yield structures that traditional systems cannot offer, while using AI to shorten development timelines from years to months. At launch, the unit is concentrating on the intersection of AI and crypto. BitGo said the AI economy still needs crypto-native financial infrastructure for micropayments, instant settlement and asset security. Among the first projects introduced by BitGo Labs is Gokubu, a consumer-facing application that uses AI-driven card optimization to manage spending. The product is already live and assigns users personalized AI financial assistants aimed at improving rewards and transaction value. BitGo also said the lab plans to release research papers, protocol prototypes and reference implementations, and to work with developers, academics and institutions across the crypto and AI communities. The announcement comes after BitGo CEO Mike Belshe said in an earlier interview that AI agents are likely to use stablecoins as their native currency, and that human control over AI may last longer than some expect. His remarks responded to Maelstrom CIO Arthur Hayes, who had argued that stablecoins and other digital currencies cannot serve as native money for AI agents because they cannot be directly converted into compute.00
AnchorWatch2026-10-19 22:28:17AnchorWatch opens Nevada trust company and sets Bitcoin custody fees at $10,000 a monthAnchorWatch, a Bitcoin custody and insurance firm, said its Nevada state-chartered trust company has opened for business and will offer qualified Bitcoin custody to fiduciaries, public companies, trusts and high-net-worth individuals. The company said the new entity, AnchorWatch Trust Company, is authorized by the Nevada Financial Institutions Division to act as a custodian and began operating on Monday. The firm is pitching a pricing model that differs from the asset-based fees commonly charged by qualified custodians. Instead, it uses fixed-dollar annual fees based on vault size, with monthly charges capped at $10,000. According to AnchorWatch, once a client reaches that ceiling, additional Bitcoin purchases or gains in the asset’s price do not raise the annual fee. The company said that could mean six- or seven-figure annual savings for large enterprises. AnchorWatch also outlined two custody structures, including a multi-institution model involving BitGo in the United States and CoinCorner in the Isle of Man. It said clients can apply for insurance issued in the client’s own name, with coverage backed by A+ rated Lloyd’s of London syndicates. As a Lloyd’s Coverholder, AnchorWatch said it can write up to $370 million in limits per client, subject to underwriting approval and policy terms.120
AnchorWatch2026-10-19 15:05:38AnchorWatch launches as Nevada-chartered qualified Bitcoin custodianAnchorWatch Trust Company opened for business on Monday as a Nevada-chartered qualified Bitcoin custodian, according to The Block. The company said the Nevada Financial Institutions Division has formally authorized it to provide custody services. AnchorWatch is targeting trustees, public companies, trust institutions, and high-net-worth individuals that need qualified Bitcoin custody. Its pricing model uses a fixed U.S. dollar fee based on vault size rather than charging a percentage of assets under custody, with monthly custody fees capped at $10,000. The company said that once a client reaches that monthly cap, additional Bitcoin purchases or portfolio appreciation will not increase custody costs. For key management and custody structure, AnchorWatch offers two options for institutional clients: a flagship model in which AnchorWatch Trust Company holds the core key required for qualified custody while allowing a client, trustee, or executive to hold an additional key, and a distributed custody model in which key control is shared among AnchorWatch, U.S.-based BitGo, and Isle of Man-based CoinCorner to reduce single-point-of-failure risk.90
BitGo2026-09-03 01:30:41BitGo opens Singapore office as APAC client count triples from a year earlierDigital asset custody firm BitGo has opened a new office in Singapore to support its expansion across the Asia-Pacific region, according to a Techub news brief citing Crypto Briefing. The company said its APAC client base grew by two times over the past year, meaning the total reached three times its earlier level. The update points to rising institutional demand in Asia for regulated crypto services, a segment that has drawn growing attention from firms building custody and related infrastructure for professional investors. BitGo framed the Singapore office as part of its regional growth push. The brief also said the expansion is expected to affect the global crypto custody market. No further operational details, staffing figures, or launch timeline beyond the published update were disclosed in the source provided.360
