Galaxy Digital


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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.

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Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources

The company's shares have fallen 80% in the past year.

Galaxy Digital CEO Mike Novogratz (Suzanne Cordiero/Shutterstock/CoinDesk)

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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 Research Associate Salmaan Qadir (LinkedIn)

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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.

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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.

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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.

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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.

(Passakorn Prothien/Getty Images)

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Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market

A new solar powered bitcoin miner, Aspen Creek Digital Corp. raised $8 million in a Series A funding, led by crypto financial services company Galaxy Digital and blockchain investment firm Polychain Capital. Aspen Creek Digital Corp. CEO Alexandra DaCosta shares insights into the raise and the state of bitcoin mining amid "supply crunches" and crypto winter.

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Galaxy Digital CEO: Luna Crypto Investors Failed to Appreciate the Risks

Galaxy Digital CEO Mike Novogratz said many retail investors who lost money in the collapse of Terraform Labs’ luna cryptocurrency failed to appreciate the risks involved and held on to their tokens for too long. “The Hash” panel discusses his comments and the luna fiasco.

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Finanza

Galaxy Digital Offers Crypto Price Data on Chain Via Chainlink

Crypto price data will help developers build out their platforms, Galaxy’s head of strategic opportunities said.

(Unsplash)