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3232Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research
https://www.digit.info/unredacted-financial-documents-show-blockfis-1-2-billion-connection-with-ftx-alameda-research/
Wed, 25 Jan 2023 19:04:50 +0000https://www.digit.info/2023/01/25/unredacted-financial-documents-show-blockfis-1-2-billion-connection-with-ftx-alameda-research/Read more]]>Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what the company had previously disclosed. Unredacted Documents Reveal Blockfi’s $1.2 […]
]]>Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement
https://www.digit.info/bitgo-files-lawsuit-against-novogratzs-galaxy-digital-for-100m-over-intentional-breach-of-a-merger-agreement/
Wed, 14 Sep 2022 21:30:36 +0000https://www.digit.info/2022/09/14/bitgo-files-lawsuit-against-novogratzs-galaxy-digital-for-100m-over-intentional-breach-of-a-merger-agreement/Read more]]>According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages for more than $100 million. Bitgo says Galaxy’s “improper repudiation and intentional breach of its merger agreement” caused the lawsuit. Bitgo Seeks Damages From […]
]]>Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing
https://www.digit.info/galaxy-digital-terminates-1-2-billion-bitgo-acquisition-deal-crypto-firm-still-plans-for-nasdaq-listing/
Tue, 16 Aug 2022 06:00:12 +0000https://www.digit.info/2022/08/16/galaxy-digital-terminates-1-2-billion-bitgo-acquisition-deal-crypto-firm-still-plans-for-nasdaq-listing/Read more]]>Galaxy Digital Holdings and the company’s CEO and founder Mike Novogratz announced the company has “exercised its right to terminate” a previously announced acquisition of Bitgo. According to Galaxy the termination of the deal was due to Bitgo’s “failure to deliver” audited financial statements for 2021. Galaxy Ends Deal With the Crypto Custodian Bitgo On […]
]]>1.2 Billion People Live Under Double-Digit Inflation, ‘Many Have Found Escape in Bitcoin’ Says HRF’s Alex Gladstein
https://www.digit.info/1-2-billion-people-live-under-double-digit-inflation-many-have-found-escape-in-bitcoin-says-hrfs-alex-gladstein/
Tue, 09 Mar 2021 21:30:58 +0000https://www.digit.info/2021/03/09/1-2-billion-people-live-under-double-digit-inflation-many-have-found-escape-in-bitcoin-says-hrfs-alex-gladstein/Read more]]>While central banks are focusing on creating more stimulus and economists expect inflation in the U.S. to rise, a number of other countries are suffering from considerable inflation right now. On Monday, the chief strategy officer for the Human Rights Foundation, Alex Gladstein, explained that 1.2 billion global citizens are living under inflation rates as […]