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Largest Wall Street Crypto Firm Lost $134 Million in Q1 2018

Galaxy Digital — a full-service digital assets merchant bank launched by ex-Goldman Sachs macro trader Michael Novogratz — took a financial beating in the first fiscal quarter of 2018.   Rekt… The New York-based cryptocurrency-focused merchant bank disclosed its financial report for the first time this week, and the results weren’t great. дальше »

2018-7-27 21:00


$134 Million in Digital Losses in Q1 for Galaxy Digital Crypto Bank

Crypto investment bank Galaxy Digital lost $134 million in the first quarter of 2018, largely due to declining cryptocurrency prices, the company announced in a quarterly earnings report Wednesday. Galaxy Digital, chaired by billionaire investor Michael Novogratz, said it saw a “net unrealized loss” of $85.5 million on digital assets, and a further $24 million дальше »

2018-7-27 01:04


Bitcoin King Novogratz Leads Investment Round in Crypto Lending Service

Billionaire Investor and President of Fortress Investment Group, Mike Novogratz, is leading a $52. 5 million fundraising round for a cryptocurrency lending service called BlockFi. The investment is the latest move by the “Bitcoin King” that is solidifying his position as a leader within the expanding cryptocurrency community. дальше »

2018-7-25 12:30


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Novgorod goes to the $ 52.5 million fundraising circuit for Galaxy Digital Crypto-Lending Form

Crypto-focused merchant bank Galaxy Digital has recently led a $52.5 million fundraising round for crypto-lending firm BlockFi, according a blog post by the company July 24. Galaxy Digital CEO and founder Mike Novogratz confirmed in a tweet that he is, “excited to get into the crypto lending business.” With the new round of investment, the дальше »

2018-7-25 09:26


Aeternity Blockchain’s Venture Arm to Invest $1.3 Million into 9 Crypto Projects

AETERNITY Blockchain platform investment arm, AETERNITY Venture, is set to announce an investment plan totaling to $1.3 million for nine different startup projects. AETERNITY Venture announced that the nine projects were part of the entities that made it to the finals of the completed month-long AETERNITY Starfleet incubator program. The Starfleet incubator plan official launch […] дальше »

2018-7-24 23:29


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Banking On A Decentralized Bank

Last week Binance made headlines by announcing its first foray into banking. For a price of $133 million, the exchange had acquired a 5% stake in Malta’s future “Founders’ Bank.” Ordinarily, an investment by one moneymaking organization into another would scarcely deserve mention, except for one fact: ownership of Founders’ Bank will rest on the […] The post Banking On A Decentralized Bank appeared first on Crypto Briefing. дальше »

2018-7-20 20:23


This Silicon Valley-Backed Blockchain Startup Wants to Become the Wikipedia of Data

DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others. дальше »

2018-7-21 20:14


This Silicon Valley Backs Blockchain Startup Wants to Become the Wikipedia of Data

DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others. дальше »

2018-7-20 20:14


Quantreq Capital Markets Opens First Crypto Fund-Only Administrator & OTC Desk

Quantreq Capital Markets, LLC, has announced the launch of the first crypto fund-only administrator along with an OTC order-flow execution desk. An international provider of cryptocurrency capital market services, the firm has over $700 million in cryptocurrency hedge fund assets under administration globally including the U. дальше »

2018-7-19 13:16