Argo Will Avoid Bankruptcy With $100M Bailout from Novogratz’s Galaxy
Galaxy will buy Argo's Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.
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Galaxy will buy Argo's Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.
QCP Capital, a crypto trading firm based in Singapore, has at least $97 million stuck on FTX after the crypto exchange filed for bankruptcy last month.
The bearish trend in the crypto market has been blowing a negative wave.
"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.
BTC price has been gaining momentum as it nears $24,000, and this week's options expiry could help bulls profit $200 million.
INTERNET CITY, DUBAI, Jun. 22, 2022 – LBank Exchange, a global digital asset trading platform, has listed Galaxy Block Coin ...
The venture capital firm will invest in companies in the interactive space that combine content, finance and technology.
"We really want to follow the example of NBA Top Shot. A community that creates collective value by putting players under an individual umbrella," said LÜM CEO and founder Max Fergus.
As well as being Australia’s first major crypto sports sponsorship, the deal will also be a first for women’s sports.
The raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion.