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Galaxy Digital
Argo Blockchain Shares Jump; FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings
Bitcoin miner Argo Blockchain will avoid filing for bankruptcy protection after Galaxy Digital agreed to buy its mining facility for $65 million and provided another $35 million loan. Plus, the latest on MicroStrategy's bitcoin bet. And, a group of FTX users are asking a U.S. court to make sure they are the first to get repaid in the crypto exchange's bankruptcy proceedings.
Argo Blockchain Gets a Lifeline From Galaxy Digital
Bitcoin miner Argo Blockchain (ARBK) will avoid filing for bankruptcy protection after Galaxy Digital (GLXY) agreed to buy its Helios mining facility in Texas for $65 million and grant the miner another $35 million loan. "First Mover" hosts Christine Lee and Lawrence Lewitinn discuss the hardships the mining industry faces this crypto winter.
Le mineur de Bitcoin Argo Blockchain évitera la faillite grâce à un renflouement de 100 millions de dollars de Galaxy Digital de Novogratz
Galaxy achètera l'usine Helios d'Argo pour 65 millions de dollars et fournira un prêt de 35 millions de dollars pour aider le mineur dans le cadre de sa restructuration.
Un juge approuve la vente de la plateforme d'auto-garde à Galaxy Digital dans le cadre de la faillite de Celsius
Galaxy, la société de services financiers axée sur la cryptographie, avait remporté l'enchère pour GK8 plus tôt dans le mois.
Galaxy Digital Will Buy GK8 From Celsius; Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain
U.S. employers beat expectations and added 263,000 jobs in November, sending bitcoin's price below $17,000. Mike Novogratz's Galaxy Digital won an auction to buy self-custody platform GK8 from bankrupt crypto lender Celsius Network. Bitcoin miners could continue to find themselves in hot water from exposure to FTX's contagion.
Galaxy Digital remporte l'enchère pour l'achat de GK8 auprès du prêteur de Crypto Celsius en faillite
La plateforme d'auto-conservation acquise par Celsius il y a plus d'un an a été mise en vente suite au dépôt de bilan du prêteur en juillet.
Michael Novogratz déclare à CNBC qu'il ne s'attend pas à récupérer 77 millions de dollars d'exposition liés à FTX
Ces commentaires interviennent un jour après que l'entreprise a révélé l'exposition dans ses résultats trimestriels.
La société financière Crypto Galaxy Digital révèle une exposition de 76,8 millions de dollars au FTX alors que le PDG Novogratz se replie sur lui-même
Galaxy retire 47,5 millions de dollars de l'échange de Crypto .
Crypto's Reported Staff Cuts at BitMEX, Digital Currency Group, Galaxy Digital
Crypto venture capital company Digital Currency Group (DCG), the parent company of CoinDesk, has promoted Chief Operating Officer Mark Murphy to president amid a restructuring in which some 13% of its staff departed, according to Bloomberg. This comes amid news of other staff cuts at BitMEX and Galaxy Digital. "The Hash" panel discusses the latest hurdles for companies amid crypto winter.
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Michael Novogratz-led crypto-focused financial services firm Galaxy Digital plans to cut at least 20% of its global workforce. Convertible bond holders of BTC miner Core Scientific are in talks with restructuring attorneys at Paul Hastings. South Africa's leading supermarket chain Pick n Pay is now allowing BTC payments via Lightning Network-enabled apps. A poll from Grayscale reveals fears over inflation have translated to a growing interest in crypto for a quarter of voters surveyed.