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Cryptocoins News / The Cointelegraph ​ - 2 years ago

Crypto VC funding hits 2-year low, US firms still favorite: Galaxy Research

Despite macroeconomic headwinds, a Galaxy Research report says activity could rebound in the second quarter of 2023 following recent crypto price increases. Venture ca...

Cryptocoins News / Blockchain  - 2 years ago

Huobi and Gala Games Form Partnership for Web3 Development

Cryptocurrency exchange Huobi Global has partnered with blockchain-based play-to-earn gaming platform Gala Games to invest in and list projects within the Gala ecosystem. The collaboration is expected to enhance Huobi's Web3 objectives and allow inte...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Crypto Biz: A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push

Binance handles fear, uncertainty and doubt surrounding its business future following a lawsuit from U.S. authorities. Regulators in the United States have a fresh tar...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Huobi partners with Gala Games for L1 and Web3 development

Huobi Global has joined hands with Gala Games, a blockchain-based play-to-earn gaming platform, to work together on the investment and listing of Web3 projects. Huobi...

Bitcoin News / Bitcoinist - 2 years ago

Galaxy Digital CEO Says The Gov’t Should Be Scared Of AI And Not Crypto

Galaxy Digital held its Fourth Quarter 2022 Shareholder Update Conference Call on March 28, during which CEO Mike Novogratz addressed a variety of pressing issues impacting the industry.  From the collapse of the once might crypto exchange FTX to the...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

The government should fear AI, not crypto: Galaxy Digital CEO

Galaxy Digital CEO Mike Novogratz believes regulators have got it "completely upside-down" on crypto vs AI regulation. Mike Novogratz, the CEO of digital asset invest...

Cryptocoins News / EthereumWorldNews - 2 years ago

Galaxy Digital Posts $1 Billion Loss For 2022, Reports Profit In Q1’23

Galaxy Digital has reported a net loss of $1 billion for 2022.& The loss was attributed to unrealized losses on the firm’s principal investment portfolios.& The crypto investment firm posted a pre-tax profit of $150 million for the first qua...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Galaxy Digital swings to profit after $1B net loss in 2022

The Mike Novogratz-led digital asset firm recorded a pre-tax income of $150 million during most of Q1 2023. On March 28, Canadian investment firm Galaxy Digital, oper...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

GameFi project Gala files $28M lawsuit against pNetwork

The lawsuit stems from a million-dollar exploit in November 2022 that allegedly took place due to a private key leak. On March 20, GameFi project Gala Games announced...

Bitcoin News / Bitcoin.com - 2 years ago

Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025

As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Galaxy tips Bitcoin NFT market to hit $4.5B by 2025

Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market share away from Ethereum....

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank

Silvergate is reportedly facing an investigation from the United States Department of Justice over its alleged role in the FTX collapse, involving Sam Bankman-Fried's account....

Cryptocoins News / Blockchain  - 2 years ago

Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency

Galaxy Digital invests $44 million in institutional bitcoin custody platform GK8 to integrate its asset storage and management capabilities. (Read More)

Cryptocoins News / Blockchain  - 2 years ago

Payments giant PayPal and Galaxy raise $20 million

The investment round included 23 organizations and six angel investors. (Read More)