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Galaxy Digital
Crypto Custody Firm BitGo to Sue Galaxy Digital, Owes a $100M Breakup Fee
Cryptocurrency custody company BitGo plans to sue Galaxy Digital for backing out of a planned $1.2 billion merger agreement. "The Hash" panel discusses the latest crypto legal battle as BitGo says it will seek $100 million in damages from Galaxy.
Eco CEO on Bitcoin’s Next Move After Briefly Topping $25K
Eco CEO Andy Bromberg discusses his outlook for bitcoin after the cryptocurrency briefly climbed above $25K for the first time since June. Plus, reactions to crypto-focused financial services firm Galaxy Digital abandoning its plan to buy crypto custody specialist BitGo.
BitGo to Sue Galaxy Digital For Abandoning $1.2B Merger Deal; Crypto Funds End Six-Week Inflows Streak
Crypto custody company BitGo plans to sue Galaxy Digital for backing out of the firm's $1.2 billion merger agreement. CoinShares reporting crypto funds had $17 million in outflows in the seven days up to Aug. 12, ending six consecutive weeks of inflows. Plus, European digital bank Revolut has been granted authorization to offer crypto services across the European Economic Area (EEA).
Galaxy Digital Scraps $1.2B Plan to Buy Crypto Custody Firm BitGo
Galaxy Digital, the cryptocurrency-focused financial services firm run by noted investor Michael Novogratz, is walking away from its plan to buy BitGo, saying the crypto custody specialist failed to provide financial statements by a deadline of July 31. "The Hash" panel discusses the latest story turning heads in the crypto community.
La società di custodia Cripto BitGo fa causa a Galaxy Digital per aver abbandonato l'accordo di fusione da 1,2 miliardi di dollari
BitGo ha affermato che Galaxy le deve una penale di 100 milioni di dollari per la rottura.
Galaxy Digital abbandona il piano da 1,2 miliardi di dollari per acquisire la società di custodia Cripto BitGo
L'accordo da 1,2 miliardi di dollari è stato annunciato a maggio 2021 e si prevedeva che si sarebbe concluso entro la fine dell'anno.
How Tornado Cash US Ban Could Impact Future of Crypto
Galaxy Digital has published a report on how the U.S. Treasury department’s sanction of crypto mixer Tornado Cash could impact the future of crypto.
Novogratz's Galaxy Digital Reports Nearly $555M in Q2 Net Losses
Michael Novogratz's crypto-focused financial services firm Galaxy Digital reported a second-quarter net loss of $554.7 million, more than triple the loss from the same period last year. BTIG Managing Director and Head of Digital Assets Research Mark Palmer discusses the earnings report and its key takeaways.