Web3 • February 22, 2023, 8:00AM EST Bitski today rolls out a new wallet targeting crypto natives and newcomers alike. Backed by major investors such as A16z, Galaxy Digital and Kindred Venture...
Tag: Galaxy Digital
Bitcoin steady above $19,000 at the US close as traditional markets rise
Bitcoin was up o.6% at the close of U.S. markets, trading around $19,460 while traditional markets reversed earlier losses to close higher. The biggest cryptocurrency is up almost 16% over the ...
Galaxy To Buy Custody Platform From Bankrupt Celsius
Galaxy Digital is planning to buy GK8 from Celsius Network, which filed for bankruptcy in July after the crash of Terra’s algorithmic stablecoin. GK8 is an institutional digital asset self-custo...
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,...
Galaxy Digital reveals $77 million exposure to FTX in Q3 earnings
Galaxy Digital has a $76.8 million exposure to FTX, of which $47.5 million is currently “in the withdrawal process,” the company said in its third quarter earnings report. In additio...
Layoffs sweep crypto as economic concerns mount; Dapper Labs, Bitmex among hardest hit
Crypto layoffs have continued into November. The industry faces not only an ongoing bear market marked by depressed digital asset prices, but also a tough macroeconomic environment where inflati...
Analysis of Galaxy Digital’s $1.2bn Acquisition of BitGo
August 16, 2022, 1:23PM EDT • 3 min read Quick Take This is part of The Block Research’s Market Commentary series Galaxy Digital’s $1.2bn acquisition of BitGo has been called off with Galaxy Digital c...
BitGo says it will seek over $100 million after Galaxy moves to end acquisition
BitGo has hit back against Galaxy Digital, which announced earlier Monday the termination of its plan to acquire the crypto custody firm. In a statement shared with The Block, BitGo said it “int...
Galaxy Digital eyeing more M&A despite $554 million loss
Galaxy Digital is looking at acquisitions to add new areas to its core businesses. Founder and CEO Michael Novogratz noted the firm has $1 billion in cash to spend and that it continues to raise capit...
Galaxy Digital’s $554 million loss triples from a year ago
Galaxy Digital reported a loss of more than $554 million for the second quarter, compared to a $182.9 million loss in the prior year period amid a tumble in crypto asset prices. The digital asset-focu...
Galaxy Digital Sees $111.7m Net Loss as Digital Asset Price Falls during Q1
Galaxy Digital Holdings Ltd, a US diversified financial services and investment management company, recorded a $111.7 million net comprehensive loss during the first quarter of 2022 that ended March 3...
Goldman Sachs Co-Signs Bitcoin & Ethereum For High-Net Worth Clients
Representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on … [+] September 28, 2021. (Photo illustration by Jakub Porzycki/NurPhoto via Getty Images) NurPh...