• Ripple sees solidarity and departures
    Regulation,  Ripple,  XRP

    Lawsuit looming, Ripple sees solidarity and departures

    As the impact of the Securities and Exchange Commission’s lawsuit hits some supporters are taking off, some are backing away, and some are offering support

    While Ripple has offered an aggressive response, promising to fight the enforcement action it calls “an assault on the entire American cryptocurrency industry and an assault on American innovation”—companies working with Ripple and XRP have had very different responses.

  • Maisie Williams Arya Stark bitcoin question
    Cryptocurrencies,  People

    ‘Should I long Bitcoin? ‘Game of Thrones’ Arya Stark asks, Elon Musk answers

    The actress that played the face-changing assassin asked Twitter for advice, major personalities from the tech and crypto space weighed in

    Williams asked in a Nov. 16 tweet whether she should “go long on Bitcoin” and received answers from major cryptocurrency personalities and even tech tycoon Elon Musk himself. So did Grayscale Investments’ Barry Silbert, founder of crypto bank Galaxy Digital Mike Novogratz, and Tron’s Justin Sun who reacted quite enthusiastically...

  • Galaxy Digital acquires trading firms
    Cryptocurrencies

    Mike Novogratz’s Galaxy Digital acquires two crypto trading firms

    The digital asset merchant bank will leverage DrawBridge Lending and Blue Fire Capital to build on its ‘strong position as a go-trading desk’

    Galaxy Digital plans to leverage the two newly acquired firms to strengthen its “trading solutions portfolio, relationships with global exchanges, and lending & derivatives expertise.”

  • Galaxy Digital invests ParaFi
    Cryptocurrencies

    Citing DeFi’s “transformative” power, Mike Novogratz invests in ParaFi

    Crypto merchant bank Galaxy Digital and asset management company ParaFi look to jointly back projects supporting decentralized finance.

    ParaFi founder and managing partner Ben Forman added that “programmable finance is a 'zero to one' innovation enabled by blockchain, and DeFi represents the nascent architecture for a new, open financial network.”