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BlockFi tops revenue grower list with 250,000% increase, BitGo aims to sue Galaxy Digital, and Bitcoin’s price drops: Hodler’s Digest, Aug. 14-20
20.8.2022
BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple's and SBI Remit's New Project, No-Deals + More News
16.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple's and SBI Remit's New Project...
Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing
16.8.2022
Galaxy Digital Holdings and the company’s CEO and founder Mike Novogratz announced the company has “exercised its right to terminate” a previously announced acquisition of Bitgo. According to Galaxy the termination of the deal was due to Bitgo’s “failure...
BitGo to sue Galaxy Digital for $100M over dropped acquisition
15.8.2022
"Either Galaxy owes BitGo a $100 million termination fee as promised or it has been acting in bad faith and faces damages of that much or more," said R. Brian Timmons
Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement
15.8.2022
BitGo said Galaxy Digital owes it a $100 million break-up fee
Judge Grants Ripple's Video-Related Subpoena Requests, Galaxy Digital Calls Off BitGo Acquisition, Monero Upgrade + More News
15.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Judge Grants Ripple's Video-Related Subpoena Requests, Galaxy Digital Calls Off BitGo Acquisition, Monero Upgrade + More...
First Mover Americas: Bitcoin Hits $25K But Fails to Hold, Galaxy Digital Scraps Plan to Buy BitGo
15.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 15, 2022
Galaxy Digital terminates BitGo acquisition, citing breach of contract
15.8.2022
After announcing plans to acquire BitGo in May 2021, Mike Novogratz’s Galaxy Digital has eventually dropped the deal but is still pursuing a listing in the United States
Galaxy Digital Ends Plan to Acquire Crypto Custody Firm BitGo
15.8.2022
The $1.2 billion acquisition was announced May 2021 and was expected to close by the end of that year
Galaxy Digital’s Novogratz Doubts Bitcoin Will Pass USD 30,000 Barrier Soon
9.8.2022
Mike Novogratz, CEO of digital asset-focused financial services firm Galaxy Digital, is doubtful that bitcoin (BTC) will push through the USD 30,000 barrier anytime soon. The investor said he expects the world’s leading coin to move within its latest price range, given that lately, there have...
'Most Significant Legal Action' Against Crypto in US, Hodlnaut Halts Withdrawals, Zipmex Releases Ethereum & Bitcoin + More News
8.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: 'Most Significant Legal Action' Against Crypto in US, Hodlnaut Halts Withdrawals, Zipmex Releases Ethereum & Bitcoin...
Galaxy Digital Q2 Net Loss Jumps to $554.7M
8.8.2022
The massive jump in losses was mainly due to the crypto market downturn and on investments in their trading business
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits
5.8.2022
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege...
Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
5.8.2022
After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million
Bitcoin and Hard Assets Will Win as Inflation Rises, Novogratz Says and Sees BTC at USD 500K
20.7.2022
Bitcoin (BTC) and other hard assets will rise strongly in price as the world continues down a path of prolonged and high inflation, argued Mike Novogratz, founder and CEO of major financial services and investment management firm Galaxy Digital.
Speaking at the Bloomberg Crypto Summit on Tuesday...
Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets
18.7.2022
During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities hold approximately 1,325,396 bitcoins worth $27.84 billion today. However, the number of coins...
Galaxy Digital Hires Credit Suisse Veteran as Global Head of Distribution
7.7.2022
Danielle Johnson will be Galaxy Digital’s global head of distribution
Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
27.6.2022
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that...
Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News
24.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News
Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts
21.6.2022
“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas