Galaxy Digital
Argo Blockchain Shares Jump; FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings
Bitcoin miner Argo Blockchain will avoid filing for bankruptcy protection after Galaxy Digital agreed to buy its mining facility for $65 million and provided another $35 million loan. Plus, the latest on MicroStrategy's bitcoin bet. And, a group of FTX users are asking a U.S. court to make sure they are the first to get repaid in the crypto exchange's bankruptcy proceedings.
Argo Blockchain Gets a Lifeline From Galaxy Digital
Bitcoin miner Argo Blockchain (ARBK) will avoid filing for bankruptcy protection after Galaxy Digital (GLXY) agreed to buy its Helios mining facility in Texas for $65 million and grant the miner another $35 million loan. "First Mover" hosts Christine Lee and Lawrence Lewitinn discuss the hardships the mining industry faces this crypto winter.
O minerador de Bitcoin Argo Blockchain evitará a falência com o resgate de US$ 100 milhões da Galaxy Digital da Novogratz
A Galaxy comprará a unidade Helios da Argo por US$ 65 milhões e fornecerá um empréstimo de US$ 35 milhões para ajudar a mineradora em meio à reestruturação.
Juiz aprova venda de plataforma de autocustódia para Galaxy Digital na falência Celsius
A Galaxy, empresa de serviços financeiros focada em criptomoedas, venceu o leilão do GK8 no início do mês.
Galaxy Digital Will Buy GK8 From Celsius; Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain
U.S. employers beat expectations and added 263,000 jobs in November, sending bitcoin's price below $17,000. Mike Novogratz's Galaxy Digital won an auction to buy self-custody platform GK8 from bankrupt crypto lender Celsius Network. Bitcoin miners could continue to find themselves in hot water from exposure to FTX's contagion.
Galaxy Digital vence leilão para comprar GK8 do credor de Cripto falido Celsius
A plataforma de autocustódia adquirida pela Celsius há mais de um ano foi colocada à venda após o pedido de falência do credor em julho.
Michael Novogratz diz à CNBC que não espera recuperar US$ 77 milhões de exposição vinculada à FTX
Os comentários foram feitos um dia após a empresa revelar a exposição em seus lucros trimestrais.
Empresa financeira de Cripto Galaxy Digital revela exposição de US$ 76,8 milhões à FTX enquanto o CEO Novogratz se agacha
A Galaxy está retirando US$ 47,5 milhões da corretora de Cripto .
Crypto's Reported Staff Cuts at BitMEX, Digital Currency Group, Galaxy Digital
Crypto venture capital company Digital Currency Group (DCG), the parent company of CoinDesk, has promoted Chief Operating Officer Mark Murphy to president amid a restructuring in which some 13% of its staff departed, according to Bloomberg. This comes amid news of other staff cuts at BitMEX and Galaxy Digital. "The Hash" panel discusses the latest hurdles for companies amid crypto winter.
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Michael Novogratz-led crypto-focused financial services firm Galaxy Digital plans to cut at least 20% of its global workforce. Convertible bond holders of BTC miner Core Scientific are in talks with restructuring attorneys at Paul Hastings. South Africa's leading supermarket chain Pick n Pay is now allowing BTC payments via Lightning Network-enabled apps. A poll from Grayscale reveals fears over inflation have translated to a growing interest in crypto for a quarter of voters surveyed.