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Galaxy Digital
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.
Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement
BitGo said Galaxy owes it a $100 million breakup fee.
Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo
The $1.2 billion deal was announced May 2021 and was expected to close by the end of that year.
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.
Novogratz’s Galaxy Digital Reports $554.7M Net Loss in Q2
Galaxy Digital reported a second-quarter net loss of $554.7 million, which was more than triple the loss from the same period last year. The firm said that the larger loss mainly stemmed from the market downturn and investments in Galaxy’s trading business. “The Hash” panel discusses the turbulent market and an outlook into Galaxy’s future.
Galaxy Digital's Q2 Net Loss More Than Triples to $554.7M Amid Market Downturn
Company assets under management fell 40% from the first quarter.
A New Era for Mining Finance
Galaxy Digital Head of Mining Amanda Fabiano, Hut 8 Mining CEO Jaime Leverton and Lucas Pipes, Managing Director at B. Riley Securities, join Consensus 2022 to discuss the outlook for crypto mining finance. Moderator: Aoyon Ashraf, Crypto mining reporter, CoinDesk
Active Investing in the Digital Asset Class
Chris Rhine, Managing Director of Asset Management at Galaxy Digital, joins Bitcoiner Nolan Bauerle at Consensus 2022 to discuss the new model of digital asset investing.