Crypto News
Galaxy Digital Reaches $200M Settlement Agreement With NYAG Over LUNA Investments
Galaxy Digital (GLXY), the Mike Novogratz-led digital asset financial services firm, will pay $200 million as a settlement with the New York Attorney General's (NYAG) office relating to the collapse of the Terra-Luna ecosystem in 2022.The firm will pay $200 million to the State of New York for matters relating to its investment, trading and public statements of LUNA, which collapsed in May 2022, wiping out around $60 billion in value, Galaxy announced on Friday.Galaxy disclosed the settlement as part of its latest earnings statement, which reported profit of $174 million and $365 million for Q4 and the full year of 2024 respectively, when the accrued legal provision for the settlement with NYAG is included.The company has also has entered...
Crypto Daybook Americas: Altcoins Slide, Gold Shines as Trump Tariffs Spur Flight to Safety
By Francisco Rodrigues (All times ET unless indicated otherwise)The crypto market is extending yesterday's slide as investors anticipate the impact of President Donald Trump’s reciprocal tariffs, set to come into effect on April 2, and key macroeconomic data due later Friday.Bitcoin (BTC) has lost 2.5% in the past 24 hours, which seems pretty staid when compared with an almost 6% in slide in ether (ETH), 5.5% in XRP and 7% in dogecoin (DOGE). The broader CoinDesk 20 Index (CD20) dropped 4.65%. Gold, in contrast, hit new highs.The growing exposure to gold has benefited tokens backed by the precious metal, which CoinDesk Data’s latest stablecoin report shows climbed to a $1.4 billion market capitalization in March.It seems clear traders are moving...
South Carolina Bill Proposes Bitcoin as State Reserve Asset
State Rep. Jordan Pace proposed that up to 10% of certain public funds into digital assets—starting with Bitcoin.Source link
Meme Coin Launch Pad From Lightchain AI—What This Means for the Future of Crypto
This content is provided by a sponsor. PRESS RELEASE. The crypto world is buzzing with the latest announcement from Lightchain AI—a cutting-edge meme coin launch pad is on its way, exclusively for Lightchain AI users on the mainnet. Alongside this exciting development, Lightchain AI is also introducing its very own token, LCAI, a project poisedSource link
Bitpanda Expands to UAE After Securing VARA License
Vienna-based crypto platform Bitpanda has obtained a broker-dealer license from Dubai’s VARA, allowing it to serve users in the UAE. Bitpanda Expands Into the Middle East Bitpanda, the Vienna-based crypto asset platform, has secured a broker-dealer license from the Dubai Virtual Assets Regulatory Authority (VARA). The license enables Bitpanda to open its platform to usersSource link