Galaxy Digital Abandons $1.2B Plan to Acquire BitGo; and Another Stablecoin Tumbles After Hackers Exploit Bug
The most valuable crypto stories for Monday, Aug. 15, 2022.
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Aug 15, 2022 at 7:16 p.m. UTC
Aug 15, 2022
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Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement
BitGo said Galaxy owes it a $100 million breakup fee.
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Aug 15, 2022 at 4:45 p.m. UTC
Aug 15, 2022
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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.
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Aug 15, 2022 at 11:10 a.m. UTC
Aug 15, 2022
Crypto Mixing Service Tornado Cash Blacklisted; Novogratz’s Galaxy Digital Reports Q2 Net Loss
The most valuable crypto stories for Monday, Aug. 8, 2022.
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Aug 8, 2022 at 8:00 p.m. UTC
Aug 8, 2022
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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.
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Aug 8, 2022 at 11:15 a.m. UTC
Aug 8, 2022
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Galaxy Digital Names Credit Suisse Veteran as Global Head of Distribution
Danielle Johnson was previously managing director at Credit Suisse, leading the bank's venture capital business in New York.
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Jul 7, 2022 at 6:40 p.m. UTC
Jul 7, 2022
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Solar-Powered Bitcoin Miner Starts Operations Despite Difficult Market
Aspen Creek Digital will also host miners from Galaxy Digital at its new data center in western Colorado.
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Jun 23, 2022 at 10:00 a.m. UTC
Jun 23, 2022
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Miner Bitfarms Sold Almost Half Its Bitcoin to Reduce Debt
The miner sold 3,000 BTC in the past week to improve liquidity and reduce indebtedness.
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Jun 21, 2022 at 1:43 p.m. UTC
Jun 21, 2022
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Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan
The miner paid down a credit line from Galaxy Digital while inking new equipment financing from NYDIG.
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Jun 17, 2022 at 4:50 p.m. UTC
Jun 17, 2022
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Mike Novogratz Predicts Next Crypto Cycle Begins in October
The outspoken CEO of Galaxy Digital and former "Lunatic" predicts that the Fed needs to flinch before crypto can recover.
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Jun 10, 2022 at 8:59 p.m. UTC
Jun 10, 2022