In May 2021, Galaxy Digital announced an agreement to purchase BitGo for a valuation of US$1.2 billion.On August 15, 2022, Galaxy Digital terminated the acquisition agreement with BitGo.BitGo publicly announced its lawsuit against Galaxy Digital seeking more than US$100 million in damages.In the past week BitGoa digital asset custodian, publicly announced its lawsuit against digital-galaxy for the purpose of obtaining more than US$100 million in damages.For those who don’t remember, in May 2021, Galaxy Digital, a cryptocurrency-oriented financial services company, ad an agreement to buy BitGo for a valuation of US$1.2 billion.At the time, Michael Novogratz, CEO and founder of…
Author: Ferret Weasels
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Ethereum and Bitcoin have posted a week down with ETH losing 22 percent while Nakamoto’s asset is down 10 percent.This fall has been influenced by the fear of investors and the general public about the possibility that the United States Federal Reserve could increase interest rates in the coming days.The Merge has finally arrived, but initially it did not bring the changes that many digital asset enthusiasts had in mind, as it left both Ethereum and Bitcoin stumbling, having a weekend of slides.To show a button, since Ethereum lowered its value prior to the merger, going from $1,580 dollars to…
Companies from Russia already have the green light to start carrying out cryptocurrency transactions with partners abroad from 2023.Companies will be able to choose the currency they want to use for their commercial relationships.The “Digital Currency Law” recognizes cryptocurrencies as a property for which transactions can be carried out with them, which includes international transactions with digital assets.Digital assets could already have a clear regulation in the Russian territory, This is due to the fact that on September 13 Mikhail Mishustin, Prime Minister of Russia, gave precise instructions so that a consensus on crypto regulation in Russia could be achieved…
Startup Garden will be a space in Blockchain Land in which new companies will have the opportunity to exhibit their products and be seen by investors.Web2 developers with no prior knowledge in blockchain development and web3 developers with prior experience in smart contract and DApp development will be able to showcase their skills at the Talent Hackathon.One of the most attractive features of attending events such as conferences is the opportunity they offer attendees to create connections with others or the possibility of promoting and publicizing innovative projects such as companies that have adopted technology. blockchain.Of course Blockchain Land will…
The Merge, or Fusion, is the update that will lead to the transition of the Ethereum mainnet from Proof of Work to Proof of Stake which involves a change in the system that authenticates transactions on the Ethereum mainnet.Ethereum already has a Proof of Stake network called Beacon Chain launched in 2020 however it is not yet used to process transactions.The Ethereum blockchain was conceived in 2013 by Vitalik Buterin, but it really went live on July 30, 2015, and today is scheduled for the biggest update to Ethereum since its launch in 2015, the so-called The Merge Ethereum.Over the…
In San Diego, United States, the car wash Soapy Joe’s launched an NFT collection that caused an increase in sales.In each of their 17 locations they have an NFT that runs on the Ethereum network which can help them to be creditors of rewards.Since this project started, Soapy Joe’s has already given out over 10,000 NFTs.Although it seems that NFTs are no longer fashionable within the crypto ecosystem, they have created a fever that still lasts. Non-fungible tokens, which have the characteristic that no two are the same, have revolutionized many fields such as collectors. Its virtues are used by…
Opera browser has added MetaMask crypto wallet to its multi wallet options in Opera Crypto Browser.Opera allows its users to trade with different wallets thanks to “Wallet Selector”, a multi-wallet management tool.As part of its updates, Opera has partnered with DappRadar, with the aim that its users can have access to more than 11,000 dApps.The Merge is bringing with it a series of changes in the crypto industry, in addition to having set in motion the market that is affected by the crypto winter.Hoping it will be an improvement for the entire industry, different companies have already made some modifications…
NFT Show Experience will take place during the weekend of September 17 and 18 in Valencia, Spain.This event will be an immersive experience in blockchain technology, the metaverse, and crypto-digital art.Cryptocurrencies possess many unique qualities, which make them stand out as an alternative economy with a great future beyond what analysts may not yet notice. However, the most important thing these digital assets have is their community, which grows year after year.On Saturday 17 and Sunday 18 September, in Valencia, the NFT Show Europe will take place, which the organizers describe as “an immersive experience in blockchain technology, the metaverse…
Fidelity Investments is evaluating a plan to offer Bitcoin to retail investors by allowing them to trade Bitcoin on its platform.In October 2018, Fidelity launched Fidelity Digital Assets (FDA) aimed at serving the growing demand for cryptocurrencies from its institutional clients.Charles Schwab and Fidelity Digital Assets will launch a new crypto exchange called EDX Markets. An important example of the relevance that Bitcoin has acquired over the last few years is that, Despite being in a bear market, investors continue to demand the cryptocurrency.The Wall Street Journal public an article on September 12 where they reveal that Fidelity Investments is…