Galaxy Digital

Galaxy Digital

Tech

Galaxy Digital's testnet suffers hack but no client funds or information were compromised

Mike Novogratz’s crypto financial services firm said unauthorized access was limited to a segregated R&D workspace; trading systems and client accounts were unaffected.

Galaxy Digital CEO Mike Novogratz: ‘Crypto Revolution Is Here’

Tech

Bitcoin’s quantum threat is real, but far from an existential crisis, Galaxy says

Developers are already working to address quantum risks, and investors shouldn’t mistake a long-term challenge for an immediate threat, according to Galaxy Digital’s head of research Alex Thorn.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Finance

Galaxy’s Steve Kurz sees ‘great convergence’ driving crypto’s long-term outlook

The firm's asset-management chief says the recent crypto selloff reflects healthy deleveraging, while infrastructure growth and institutional adoption support a bullish outlook.

Steve Kurz on CoinDesk TV

Markets

Galaxy Digital shares jump 18% after company approves $200 million buyback

The repurchase plan follows a volatile earnings week and signals confidence in the firm’s balance sheet.

Mike Novogratz, Founder and CEO, Galaxy Digital. (CoinDesk)

Markets

Galaxy CEO Mike Novogratz doesn't see quantum as big threat for bitcoin

CEO Mike Novogratz said that the profit-taking trend among early bitcoin adopters is real, indicating weakening conviction in the "HODLing" philosophy.

Galaxy founder Mike Novogratz (Shutterstock)

Markets

Galaxy Digital shares decline 14% after $482 million Q4 loss

Galaxy generated $426 million in adjusted gross profit for the full year and ended it with $2.6 billion in cash and stablecoins, despite the significant quarterly loss.

Mike Novogratz, Founder and CEO, Galaxy Digital. (CoinDesk)

Finance

Galaxy Digital to start $100 million hedge fund targeting crypto, fintech: FT

The fund will allocate up to 30% to crypto tokens and 70% to financial services stocks, taking both long and short positions to capitalize on market shifts.

Mike Novogratz, Founder and CEO, Galaxy Digital. (CoinDesk)

Finance

Galaxy Digital stock rises 4% after Texas grid operator approves data center expansion

The expansion supports Galaxy's AI and high-performance computing plans, with construction underway on the first phase.

Data center servers

Policy

Most Influential: Tyler Williams

Williams has helped cement crypto gains in Congress alongside White House allies.

Tyler Williams

Markets

Crypto Equities Move Higher Pre-Market, But There’s a Twist

Bitcoin leads gains above $106,000, yet a CME gap hints at potential short-term volatility.

Chart market