Galaxy Digital | ForkLog

ForkLog 11 13.05.2025

Galaxy Digital Reports $295 Million Quarterly Loss Ahead of Nasdaq Listing

Galaxy Digital has completed its transition to the U.S. market ahead of its planned Nasdaq listing on May 16, 2025, and reported a $295 million loss for the first quarter. During a special meeting on May 9, shareholders voted for the redomiciliation of the firm from the Cayman Islands to Delaware. The SEC approved the […]

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ForkLog 8 22.04.2025

Galaxy Digital Swaps Ethereum for Solana

Mike Novogratz’s Galaxy Digital has exchanged $105 million in Ethereum for Solana, according to analysts at Lookonchain. It seems that Galaxy Digital is selling $ETH and buying $SOL! In the past 2 weeks, Galaxy Digital deposited 65,600 $ETH($105.48M) to #Binance and withdrew 752,240 $SOL($98.37M) from #Binance.https://t.co/lD8tgkC4Py pic.twitter.com/olcPWNnGq2 — Lookonchain (@lookonchain) April 22, 2025 Over the […]

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ForkLog 23 18.04.2025

Galaxy Research Proposes New Voting System to Curb Solana Inflation

Galaxy Research has proposed an adjustment to the voting system that determines the future inflation rate of Solana. We just introduced a new Solana proposal called Multiple Election Stake-Weight Aggregation (MESA) to reduce SOL inflation: a more market-based approach to agreeing on the rate of future SOL emissions.https://t.co/mcVdkRiM8y — Galaxy Research (@glxyresearch) April 17, 2025 […]

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ForkLog 12 15.04.2025

Study finds Tether now leads crypto lending

The total crypto-lending market was estimated at $36.5bn. Tether’s share of the CeFi segment rose from under 20% in Q2 2021 to around ~70%. Since the bear-market low, the DeFi metric has jumped 959% to $19.1bn. Tether, Galaxy and Ledn accounted for 88.6% of the CeFi segment of the digital-asset lending market, according to Galaxy […]

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ForkLog 10 08.04.2025

Mike Novogratz’s Galaxy Digital to List Shares on Nasdaq

On May 9, Mike Novogratz’s Galaxy Digital will hold a special shareholder meeting to approve its reorganization and listing on Nasdaq under the ticker GLXY. The SEC has approved the firm’s application to move its domicile from the Cayman Islands to Delaware. “We are taking a significant step towards fulfilling our mission to drive innovation […]

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ForkLog 41 28.03.2025

Galaxy Digital to Pay $200 Million in LUNA Settlement

Galaxy Digital has agreed to pay $200 million to settle claims by the New York Attorney General’s office (NYAG). The firm was accused of promoting the cryptocurrency LUNA and selling millions of tokens at a profit before its collapse. According to NYAG, since 2020, Galaxy Digital purchased LUNA at a discounted rate while simultaneously promoting […]

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ForkLog 36 21.03.2025

MoonPay Secures $200 Million Liquidity Line from Galaxy

MoonPay has obtained a $200 million revolving credit line from Galaxy to address emergency liquidity requests. This was reported by Ivan Soto-Wright, co-founder of the payment service, to The Block. The deal was struck due to challenges encountered during the launch of the U.S. President Donald Trump memecoin. At that time, the company had to […]

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ForkLog 9 11.02.2025

Mike Novogratz Predicts US Government Bitcoin Acquisition Within Six Months

With the change in leadership at the SEC, a significant number of cryptocurrency companies will list their shares on the New York Stock Exchange or Nasdaq. This was stated by Galaxy Digital founder and CEO Mike Novogratz, according to Blockworks. The entrepreneur estimates this will occur in May or June 2025. Galaxy Digital itself also […]

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ForkLog 9 28.12.2024

Galaxy Analysts Forecast Bitcoin at $185,000

Bitcoin is expected to surpass $150,000 in the first half of the year and test or exceed $185,000 in the fourth quarter of 2025, according to analysts at Galaxy Research.

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ForkLog 17 17.10.2024

Crypto Startup Funding Declines by 20%

Total venture funding for crypto startups fell by 20% in the third quarter compared to April-June, amounting to $2.4 billion, according to Galaxy Digital. Compared to the same period last year, the figure rose by 21.5%. The reduction in funding was accompanied by a 17% decrease in the number of deals, down to 478. Data: […]

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ForkLog 11 27.08.2024

Galaxy Digital: Durov’s Arrest Unlikely to Be the Last of Its Kind

The detention of Telegram founder Pavel Durov marks the first major arrest of a company leader “for failing to adequately control their platform.” According to a report by Galaxy Research, it is unlikely to be the last, writes CoinDesk. Analysts suggest that Durov and his team likely resisted French authorities’ requests to delete or provide […]

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ForkLog 14 16.07.2024

Former Galaxy Interactive Head Loses $3.6 Million in Crypto Casino Venture

The former head of Galaxy Interactive, the venture arm of Mike Novogratz’s company, lost investor funds intended for the launch of the crypto casino Zero Edge. The sum amounts to $3.67 million out of a total $7 million, reports CoinDesk. Zero Edge founder Richard Kim suffered significant losses due to leveraged trading following a decline […]

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