Galaxy Ventures: The future of crypto payments
Blockchain, Cryptocurrency, Payment, Galaxy Ventures: The Future of Crypto Payment Golden Finance, Payment will become the key use case and main consumer of blockchain in the future.
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Blockchain, Cryptocurrency, Payment, Galaxy Ventures: The Future of Crypto Payment Golden Finance, Payment will become the key use case and main consumer of blockchain in the future.
Galaxy will buy Argo's Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.
Crypto lender Celsius Network is undergoing the auction of its assets as part of the bankruptcy proceedings.
"Either Galaxy owes BitGo a $100 million termination fee as promised or it has been acting in bad faith and faces damages of that much or more," said R. Brian Timmons.
After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million.
In the future, it will help Web3 developers leverage credential data to build better products and more engaging communities.
Project Galaxy is the world's largest Web3 credential data network.
Goldman Sachs and Galaxy Digital are once again teaming up to help their clients gain more access to the crypto industry, which Galaxy Digital certainly provides.
The acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022.