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Galaxy Digital
Michael Novogratz Tells CNBC He Does Not Expect to Recover $77M Exposure Linked to FTX
The comments come a day after the firm revealed the exposure in its quarterly earnings.
Crypto Financial Firm Galaxy Digital Reveals $76.8M FTX Exposure as CEO Novogratz Hunkers Down
Galaxy is withdrawing $47.5 million from the crypto exchange.
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.
Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources
The company's shares have fallen 80% in the past year.
NFT Royalties May Be ‘Dwindling,’ Galaxy Digital Researcher Says
Salmaan Qadir said NFT creators have earned upwards of $1.8 billion in royalties from secondary sales. But that number may be skewed.
Galaxy Digital Researcher on Ethereum Blockchain and NFT Marketplace Outlook
Galaxy Digital Research Associate Salmaan Qadir joins "First Mover" to discuss its new report on the NFT market, including the finding that $1.8 billion worth of royalties have been paid to NFT creators. Plus, insights on the increasing competition in the NFT marketplace and his outlook on the layer 1 and layer 2 blockchains.
NFT Creators Have Made a Total of $1.8B in Royalties: Report
A report from Galaxy Digital shows that Ethereum-based NFT creators have made $1.8 billion worth of royalties to date from marketplaces like OpenSea. Galaxy Digital’s Research Associate Salmaan Qadir breaks down the new report.
Magic Eden Dominance has Wavered
Magic Eden's dominance as an NFT marketplace in the Solana ecosystem has wavered since the introduction of zero-royalty marketplaces. Galaxy Digital Research Associate Salmaan Qadir breaks down its dominance over time compared to other marketplaces like OpenSea, HadeSwap and more.
Over $1.8B in Royalties Have Been Paid Out to Ethereum-Based NFT Creators: Galaxy Digital
Bored Ape Yacht Club creator Yuga Labs has earned the most in royalties to date, with over $147 million in payouts.
