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Galaxy Digital
Crypto Custody Firm BitGo Files $100M Lawsuit Against Galaxy Digital for Breaching Merger Agreement
.Galaxy had planned to acquire BitGo for $1.2 billion.

Crypto Financial-Services Firm Galaxy Digital Hires Andrew Lace for Its London Trading Division
The firm has been hiring aggressively despite concerns of a crypto winter.

Bullish Narrative on Ethereum Merge ‘Overheated’: Strategist
Martin Leinweber, Digital Asset Product Strategist at Market Vector Indexes (MV), discusses the potential impact of the upcoming Ethereum merge on the NFT markets. “It is clear the bullish merge narrative got overheated,” Leinweber said.

Only 1 in Top 25 NFT Projects Attempt to Give True Ownership, Report Claims
A new Galaxy Digital report explores the concerns over non-fungible token (NFT) intellectual property (IP) rights. Galaxy Digital Head of Research Alex Thorn breaks down the key takeaways, saying “only one project in the top 25 by implied market cap actually attempts to give true ownership for the underlying artwork to its token holders.”

Most NFT Projects 'Convey No Actual Ownership': Galaxy Digital Research
A new report from Galaxy Digital highlights the concerns over non-fungible token (NFT) intellectual property (IP) rights. Galaxy Digital Head of Research Alex Thorn discusses the key findings, saying "the vast majority of NFT art projects ... convey no actual ownership for the underlying content."

New Galaxy Crypto Fund on Path to Raise $100 Million by Year End
The crypto merchant bank's Liquid Alpha Fund launched last quarter with internal capital.

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).
