Galaxy Digital has agreed to acquire Argo Blockchain’s bitcoin mining facility Helios for $65 million, the two firms announced Wednesday. The deal also includes Galaxy acquiring “related operations” from Argo Blockchain. Galaxy will also provide Argo with a $35 million loan as the company...
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Welcome back to Chain Reaction. Last week, we talked about privacy in crypto and how it’s sometimes at odds with regulation. This week, we’re covering a larger-than-life founder who is perhaps seeking redemption through web3. If someone forwarded you this message, you can subscribe on...
Image Credits: TechCrunch There are some events in your life that you look back on and think to yourself, ‘Wow, that was a really tough time.’ We all have memories like that and I think the crypto community definitely shares one (or more) of those experiences together. For example, the...
The crypto sector’s first $1 billion deal, announced at the height of record surge in token prices, is disbanding as the market reverses much of the gains — and not everyone is pleased. Galaxy Digital said Monday it has terminated the $1.2 billion proposed acquisition of crypto custodian...
Crypto sector’s first $1 billion deal, announced at the height of record surge in token prices, is disbanding as the market reverses much of the gains. Galaxy Digital said Monday it has terminated the $1.2 billion proposed acquisition of crypto custodian BitGo, a high-profile deal they announced...
Crypto sector’s first $1 billion deal, announced at the height of peak surge in token prices, is disbanding as the market reverses much of the gains. Galaxy Digital said Monday it has terminated the $1.2 billion proposed acquisition of crypto custodian BitGo, a high-profile deal they announced...
Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get this newsletter in your inbox every Thursday by subscribing on TechCrunch’s newsletter page. crash redux We’ve talked...
Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. Now, TechCrunch has exclusive details on the size of that round and the nature of the relationship. First off, the fact...