Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Put...
Tag: Digital
Alameda Research Injected Capital of $1.15B in Genesis Digital Assets
9 seconds ago | 2 mins read Defi News Released documents shows that in less than nine months, $1.15B was injected. Genesis Digital is a leading Bitcoin mining business in the United States. Bankrupt F...
The financing of North Korea’s nuclear development comes from digital currency theft. Now that FTX has fallen, may it also?
Join Our Telegram channel to stay up to date on breaking news coverage The repercussions of FTX, the second-largest cryptocurrency exchange in the world, declaring bankruptcy earlier this month have b...
Alameda Research invested $1.15B in crypto miner Genesis Digital: Report
Crypto mining company Genesis Digital Assets was the biggest venture investment made by Alameda Research, FTX’s sister company and in the center of the exchange’s bankruptcy. Documents dis...
Cardano Founder Indicates “Gold Standard of Digital Age,” and It Is Not ADA
Vladislav Sopov As Cardano (ADA) strengthens its position in stablecoin segment, Charles Hoskinson explains why algorithmic stablecoins matter Contents Charles Hoskinson on algorithmic stablecoins: &#...
Alameda/FTX invested heavily in Bitcoin miner Genesis Digital
At the peak of the collapse of the world’s former second-largest cryptocurrency exchange FTX, the disgraced founder, Sam Bankman-Fried, placed his biggest bet with the Bitcoin mining business Genesis ...
Galaxy Digital Buyout of GK8 from “Bank Run” Celsius
Mike Novogratz’s firm Galaxy bought GK8 from Celsius. Back story of Celsius and the recent deal. Improvements at the GK8 after the Auction deal. Mike Played It Right Mike Novogratz founded crypto-cen...
Celsius Network finds some respite after Galaxy Digital acquires GK8
Galaxy Digital bought GK8 from bankrupt Celsuis Network Galaxy to expand its company in Tel Aviv after acquisition In a relief to Celsius creditors, New York-based crypto investment firm Galaxy Digita...
Galaxy Digital Holdings to buy popular custody platform GK8
Financial services and wealth management pioneer Galaxy Digital Holdings today announced plans to purchase GK8, a secure corporate virtual assets self-custody platform. Subject to court approval and o...
Blockchain-based Digital ID Market Could Grow More than $3B
Blockchain-based digital IDs have seen significant growth over time. Different bodies, from the EU to Pacific Islands, have showcased support. The blockchain identity market can grow a further $3.58 b...
Galaxy Digital Wins Celsius Bankruptcy Auction to Acquire Crypto Custodian GK8
Mike Novogratz’s Galaxy Digital has won the bid to acquire GK8, a self-custody crypto firm. GK8 was first acquired by Celsius in November 2021 for $115 million. After Celsius filed for bankruptcy, the...
Mike Novogratz’s Galaxy Digital To Buy Assets Of Bankrupt Celsius
Galaxy Digital (GLXY), owned by Mike Novogratz, has won the auction to acquire the self-custody platform GK8 from the defunct cryptocurrency lender Celsius Network, the company announced on Friday. Ho...
CFTC Chair: ‘Digital Asset Markets Lack The Basic Protections’
After the FTX collapse, the U.S. Commodity Futures Trading Commission’s (CFTC) jurisdiction urges Congress to act fast on the crypto regulation. The official CFTC site stated that “Unlike other federa...
Galaxy Digital Wins Bid To Acquire Bankrupt Celsius’ GK8 Platform
12 seconds ago | 2 mins read Defi News The details of the arrangement, however, were kept under wraps. The business acquired the assets for far less than the $115 million Celsius paid in 2021. This pa...
Galaxy Digital To Acquire Crypto Asset Self-Custody Platform GK8 From Collapsed Lender Celsius
Crypto asset management firm Galaxy Digital is preparing to acquire self-custody platform GK8 from Celsius, a digital asset lender that collapsed earlier this year. According to a new press release, G...
Babestation Launches Range Of Digital Collectibles to Celebrate 2…
To celebrate the 20th anniversary of Babestation, the UK’s favourite webcam and TV brand have partnered with digital collectible provider Mverse to launch an exclusive range of Babestation digital col...
India launches first central bank digital currency
India launched the e-Rupee in four cities, New Delhi, Bengaluru, Mumbai and Bhubaneswar. This Central Bank Digital Currency (CBDC) is a digital form of cash for retail transactions. Bank of India, Yes...
Mike Novogratz’s Galaxy Digital Will Acquire Celsius Owned Custody Platform GK8
Galaxy Digital has won the auction for GK8 – a crypto custody platform to be sold as part of bankruptcy proceedings for the insolvent crypto lender Celsius. Galaxy will utilize GK8’s custody solution...
Bitcoin At $500K No Longer Possible, Galaxy Digital CEO Says, As He Backtracks
Bitcoin seems to have reached a point when even its biggest and most bullish admirers and investors are slowly losing hope in the crypto asset altogether. In fact, no less than well-known crypto advoc...
Galaxy Digital to acquire custodian GK8 from bankrupt Celsius
Galaxy Digital agreed to purchase high-security custodian GK8 from bankrupt crypto lender Celsius. Galaxy will support GK8’s self-custody solution in the ongoing development of GalaxyOne,...
Mike Novogratz’s Galaxy Digital Agrees to Buy Self Custody Firm GK8 From Celsius
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Trends in Digital Asset Markets- Commissioned by Polygon
Executive Summary “The institutions are coming.” For the longest time, the phrase was echoed ad-nauseam by crypto bulls. So much so, that after years of minimal institutional adoption, it ...
Unbanked Bridges Digital Assets and Traditional Banks; Spreads Services To More Regions Across the Globe
Cryptocurrency has the edge over traditional financial systems because it is decentralized and ultimately free from the control and bottlenecks of banking institutions, central banks, and the governme...
India’s digital rupee falls flat as low volumes blight trial run
Several Indian news outlets have reported on the lack of interest in the digital rupee. The Hindu Business said it offers no discernible difference with “internet-based banking that users were already...
Web3 Antivirus Is Now on Guard of Your Digital Assets – Press release Bitcoin News
press release PRESS RELEASE. A game-changing Web3 security solution was launched on December 1, 2022. As the digital world is getting more advanced, scammers invent new elaborate ways to cheat web3 us...
CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill
U.S. Fed Chair Jerome Powell’s remarks on Wednesday signaled a likely slowing down in interest rate hikes as soon as the central bank’s mid-December meeting, causing mixed results in equity markets. T...
Galaxy Digital CEO Mike Novogratz says SBF should be jailed
Galaxy Digital CEO Mike Novogratz called the FTX debacle “a crisis of confidence” during an exclusive CNBC interview where he claimed the incident had created a deficit of trust across financial mark...
South Korea NFT Market Intelligence Report 2022: Market is Expected to Grow by 47.3% to Reach $938.6 Million in 2022 – Zero Tax on Digital Assets has Propelled the Adoption of NFTs – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “South Korea NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been add...
The RBI Is Getting Its Digital Rupee Ready
The Reserve Bank of India (RBI) has unveiled its new pilot program that will see various consumers testing out the latest version of its digital rupee. A CBDC (central bank digital currency), the digi...