The Latest Breaking News from Galaxy Digital

Crypto and decentralized finance is not nearly as obscure as many traditional investors will have you believe. On the contrary, DeFi and token technology has been embraced by some of the world’s most innovative companies, if not silently.

Reuters

As a result of the Luna cryptocurrency and the (CRYPTO: UST) stablecoin, which are both linked to the Terra (CRYPTO: LUNA) blockchain, the cryptocurrency market has tanked and is struggling to recover, with some even predicting the collapse of t

Galaxy Digital Holdings Ltd (OTC: BRPHF) CEO Mike Novogratz has written a letter to shareholders of the company and the cryptocurrency community at large touching on Terra (CRYPTO: LUNA) and TerraUSD (C

Voyager Digital Ltd. (TSX:VOYG) (OTC:VYGVF) reported third-quarter revenue growth of 70% year-over-year to $102.74 million, and EPS loss narrowed to $(0.36) from $(0.49) a year ago. Operating loss was $(43) million for the quarter compared to income of $29.8 million for 3Q21. Total verified users on the platform grew 9% Q/Q to 3.5…

Galaxy Digital Holdings Ltd.(TSX:GLXY) (OTC:BRPHF) provided a preliminary quarter-to-date company update. Galaxy Digital has a liquidity position of ~C$1.6 billion, including C$800 million in cash and over C$800 million in net digital assets, with the majority of net digital assets in non-algorithmic stablecoins. Galaxy Digital said it maintains a healthy capital and liquidity…

The tumble shows what a market downdraft can do to speculative investments that don’t produce cash flows