Galaxy
Michael Novogratz's Galaxy Looks to AI Computing as Bitcoin Mining Revenue Falls
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
Crypto Casino Founder Apologizes for Gambling Away Investor Funds
Galaxy says it has reported a former general partner, Richard Kim, to the authorities for misappropriating at least $3.67 million of company funds belonging to Zero Edge, Kim's crypto casino.
Ether ETF Fee Race Begins as Invesco Reveals 0.25% Charge, Slightly Higher Than VanEck
Asset manager VanEck previously disclosed that it would charge a 0.20% management fee for its fund.
Ether Spot ETFs Could See $5B of Net Inflows in the First Five Months: Galaxy
Ether is more price sensitive to ETF inflows than bitcoin due to the large amount of ETH total supply that is locked up, the report said.
BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules
The Delaware Supreme Court’s ruling overturns a decision from a lower court to dismiss the lawsuit last year.
Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy
Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains.
Galaxy, Lightspeed Faction Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
The company from ex-Coinbase employees aims to help developers build better blockchain wallets.
Galaxy Digital to Introduce Exchange-Traded Products in Europe in 'Matter of Weeks'
Galaxy Digital teamed up with asset manager DWS last April to develop ETPs designed to give Europeans access to digital-asset investment through traditional brokerage accounts.
Galaxy-Backed Gyroscope's 'All-Weather' Decentralized Stablecoin Goes Live on Ethereum Mainnet
The GYD dollar-pegged token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs.
How Much Money Will Flow Into Bitcoin ETFs? Here’s One Projection
Alex Thorn, head of research at Galaxy, sees inflows to spot bitcoin ETFs reaching more than $14 billion in the first year after a potential SEC approval and the price of bitcoin spiking to $47,000. He also sees approval of these products possibly occurring this year.
