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Traditional Banking System Consumes Twice Energy Than Bitcoin Mining, New Research Reveals

Traditional Banking System Consumes Twice Energy Than Bitcoin Mining, New Research Reveals

A new study by Galaxy Digital shows that the traditional banking system uses twice the energy that Bitcoin mining consumes.

Samsung to Unveil Galaxy AI

Samsung to Unveil Galaxy AI

Samsung gears up for a revolutionary Galaxy AI debut with the S24 series.

Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil

Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil

Galaxy Digital said its net loss in the second quarter had risen three times the amount it experienced during the same period last year. The asset manager stated that the losses were triggered by the ongoing market downturn.

Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding

Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding

Ramp Network, a Polish-born crypto payments service provider has concluded its Series A funding round, attracting high-profile investors who pumped $52.7 million into the startup.

Mike Novogratz's Galaxy Digital Files with SEC to Launch Bitcoin Futures ETF

Mike Novogratz's Galaxy Digital Files with SEC to Launch Bitcoin Futures ETF

Galaxy Digital announced plans to list a bitcoin futures ETF by seeking regulatory approval from the US SEC.

CI Global Asset Management Partners with Galaxy Digital, Launching Blockchain and Metaverse ETFs

CI Global Asset Management Partners with Galaxy Digital, Launching Blockchain and Metaverse ETFs

CI Global Asset Management (“CI GAM”), a major Canadian asset management firm, has partnered with Galaxy Digital to launch ETFs focused on blockchain technology and Metaverse.

Samsung Facilitates Blockchain Use on Galaxy Devices

Samsung Facilitates Blockchain Use on Galaxy Devices

Samsung issued an official announcement to inform users that they will now be able to manage and trade cryptocurrencies from third-party wallets directly on Samsung Galaxy smartphones.

Galaxy Asset Management's AUM Exceeds $10 Billion Milestone

Galaxy Asset Management's AUM Exceeds $10 Billion Milestone

Galaxy Asset Management reaches a new pinnacle with over $10 billion in assets under management, reflecting robust institutional interest in digital assets.

Solana Joins BTC, ETH on Bloomberg Terminal

Solana Joins BTC, ETH on Bloomberg Terminal

Solana (SOL) becomes the third cryptocurrency after Bitcoin and Ethereum to be added on Bloomberg terminals.

Morgan Stanley Becomes First US Bank to Offer Bitcoin Funds to Its Clients

Morgan Stanley Becomes First US Bank to Offer Bitcoin Funds to Its Clients

Morgan Stanley is offering its clients access to Bitcoin (BTC) investments.

Mike Novogratz Considers Galaxy's Helios Purchase "Transformative"

Mike Novogratz Considers Galaxy's Helios Purchase "Transformative"

Galaxy Digital Holdings CEO Mike Novogratz dubbed the Helios mining transaction "transformative." Dec. 28 saw the crypto investment firm's $65 million purchase of Argo's main mining plant. Galaxy operates trading, asset management, crypto mining, venture investments, and investment banking.

Bloomberg and Galaxy Digital Floats Crypto Index for Decentralized Finance

Bloomberg and Galaxy Digital Floats Crypto Index for Decentralized Finance

Bloomberg has launched a DeFi-backed Index fund with co-branding from Galaxy Digital.

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