Novogratz’s Galaxy Digital Crypto Fund Lost $272.7 Million in 2018

Galaxy Digital Holdings, the crypto merchant bank founded by former hedge fund manager Michael Novogratz, lost $97 million in the fourth quarter, according to financials disclosed Monday. The net loss widened from $76.7 million in the third quarter and from about $100,000 a year earlier, according to the filing with Canadian securities regulators. (Last February, […]

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What High School Chemistry Taught Mike Novogratz about Bitcoin

Bitcoin guru Mike Novogratz went where few have gone in expressing his optimism about the cryptocurrency. Beyond merely referring to it as “digital gold,” he said that its role in the crypto market is akin to gold’s on the periodic table.   Novogratz made that connection on Wednesday on the sidelines of the Milken […]

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Why is $1 Billion Bitcoin Giant Bitfury Building a Blockchain Music Service?

Bitcoin mining firm Bitfury is dabbling in a new blockchain music platform. | Source: Shutterstock By CCN.com: The Bitfury Group, an early bitcoin mining firm turned global blockchain company based out of London, has announced that it will launch an entertainment division tasked with developing an open-source music platform that runs on blockchain technology. From […]

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