Anchorage Digital Sends Home 75 Employees amid Crypto Regulatory Uncertainty

Anchorage Digital was the first federally chartered crypto bank in the United States after it raised $350 million at more than $3 billion valuation in 2021. Anchorage Digital, an institutional-grade cryptocurrency platform, has reportedly sent home 75 employees, representing 20 percent of the total workforce. According to a report by Bloomberg, Anchorage Digital cited the … Read more

Nvidia Swaps Sides from Opposing Microsoft to Offering ‘Full Support’ for Regulatory Approval of Activision Blizzard Acquisition

Microsoft is expanding its gaming unit to pacify opposers and prevent the Activision Blizzard takeover from being obstructed. After initially opposing tech giant Microsoft (NASDAQ: MSFT) over acquiring video game company Activision Blizzard (NASDAQ: ATVI), software company Nvidia (NASDAQ: NVDA) has allied with Microsoft to bring Xbox PC games to its cloud gaming service. Under … Read more

Galaxy Digital Eyes Global Regulatory Approval amid US Crypto Crackdowns

Galaxy Bahamas Ltd. will physically operate from the Bahamas and initially serve as an extension of the company‚Äôs trading platform. Galaxy Digital Holdings Ltd (Toronto: GLXY) has been pushing boundaries to help onboard worldwide institutional investors into the cryptocurrency market. The crypto-focused company with over $2 billion in assets under management (AUM) takes pride in … Read more