Kroll’s Cybersecurity Incident Exposes Non-Sensitive Data of FTX Claimants

FTX claimant data compromised in Kroll ‘cybersecurity incident Kroll, the bankruptcy claims agent of collapsed cryptocurrency exchange FTX, suffered a “cybersecurity incident” that compromised certain non-sensitive user data. FTX tweete ...

Ripple Acquires Stake in Pantera Capital from Bitstamp in Strategic Move

Cryptocurrency payment system platform Ripple acquired a stake in Pantera Capital from cryptocurrency exchange Bitstamp. This was reported by Galaxy Digital, which was involved in the deal. The Galaxy Digital team clarified that it advise ...

Galaxy Digital Reports Profit for Q1 2023 Amid Rising Value of Digital Assets

Cryptocurrency company Galaxy Digital announced that in 2023 for the first time began generating revenue. In the first three months, the net profit was $134 million. CEO Michael Novogratz explained that the positive result is due to the rising value of digital assets. ...

Miner’s Financial Struggles in 2022 Due to BTC Depreciation

The firm attributed this to the depreciation of BTC The company only stayed afloat because of the agreement with Galaxy Digital In Q1 2023 a miner was mining an average of 5.5 BTC per day Last year was difficult for exchanges, lenders and miners alike ...

Galaxy Digital Founder Predicts Bitcoin Price to Reach $40,000 if US Fed Cuts Interest Rates

Galaxy Digital founder Mike Novogratz has recently shared his thoughts on the future of bitcoin's price, stating that it could potentially reach $40,000 in the event that the US Federal Reserve decides to cut interest rates. Novogratz is optimistic about the prospects of both Bitcoin and Ethereum ...

Galaxy Digital CEO Michael Novogratz Claims US Government is Hostile to Cryptocurrencies

Galaxy Digital CEO, Michael Novogratz, has expressed his belief that the US government has taken a hostile stance towards the cryptocurrency industry. In an interview with Bloomberg, Novogratz stated that the Biden administration and the US Democratic Party don't like cryptocurrencies, largely du ...

Galaxy Digital CEO Michael Novogratz on the Neglect of AI in Regulation

During a discussion of Galaxy Digital's Q4 results from last year, CEO Michael Novogratz expressed surprise at regulators' focus on cryptocurrency while neglecting the field of artificial intelligence (AI). He criticized the "totally inadequate" regulation of cryptocurrencies by US authorities, p ...

Galaxy Digital CEO Michael Novogratz advocates for investing in Bitcoin and Gold

Galaxy Digital CEO Michael Novogratz has reiterated his support for investing in bitcoin and gold, particularly in light of the recent banking crisis in the United States. During an appearance on CNBC's Squawk Box, Novogratz pointed out that banks often cut back on lending in order to restore the ...

The Potential of Bitcoin-based NFTs: Analysts Predict a $4.5 Billion Capitalization by 2025

In January of this year, the Ordinals protocol was introduced, enabling the creation of NFTs on the Bitcoin network. Analysts at Galaxy Digital predict that the capitalization of Bitcoin-based NFTs will skyrocket to $4.5 billion by 2025. Ordinals allows users to store various types of data, inclu ...