Web3 8amCoffee

Your daily news about web3

💼 BitGo files for IPO, citing $4.2B H1 2025 revenue and $90B in crypto custody

2025-09-21
BitGo seeks to go public, disclosing first-half 2025 revenue of $4.2 billion and $90 billion in digital assets held on its platform. The listing positions the crypto custodian for greater scale and scrutiny as institutional demand for secure digital asset services grows.
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🧾 FTX to distribute $1.6B to creditors this month amid bankruptcy wind-down

2025-09-21
FTX schedules $1.6 billion in payouts to creditors this month as part of its ongoing bankruptcy proceedings. The planned distributions mark a step toward returning funds following the exchange’s collapse, with timing set for the current month.
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🤖 Internet Computer ramps up AI focus as crypto markets chase the trend

2025-09-21
Internet Computer prioritizes artificial intelligence capabilities to align with market momentum around AI-integrated crypto. The strategy aims to attract developers and users seeking on-chain AI applications and services across the network’s ecosystem.
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🔐 Yakovenko warns Bitcoin needs quantum-resistant upgrade by 2030

2025-09-21
Solana co-founder Anatoly Yakovenko warns that Bitcoin requires quantum-resistant upgrades to remain secure by 2030. The statement highlights concerns that advances in quantum computing could undermine current cryptographic protections if major networks do not adapt.
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