Galaxy Digital’s $77M Exposure to FTX, Temasek’s & Tether’s FTX Comments, Trezor Integrates Hodl Hodl

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Mike Novogratz. Source: A YouTube video screenshot.

Receive your daily, bite-sized digest of cryptoasset and blockchain-related news – check out the stories that fly under the radar of today’s crypto news.

investment news

  • mike novogratz Galaxy Digital FTX has an exposure of $76.8 million, of which $47.5 million is currently in the “withdrawal process” of the company. Told in its third quarter earnings report. Also, starting mid-January 2023, Damien Vanderwilt will step down from his role as Co-President at the company and will be named Senior Advisor to Galaxy and join the company’s board of directors.
  • Singapore government-owned investment firm Temasek Said it is monitoring the situation with the crypto exchange ftx, one of its investments. “We are aware of developments between FTX and . Binanceand incorporating FTX into our capacity as shareholders,” Temasek Told Reuters.
  • tie rope CTO Paolo Ardoino said the stablecoin issuer has no contact with the crypto exchange ftx or its parent company Alameda Research, arduino tweeted statement, adding: “0. Zero. Maybe it’s time to look elsewhere. Sorry guys. Try again.”
  • copper.coThe provider of institutional digital asset custody and trading solutions announced that it has $500 million in insurance for digital assets in cold storage. The cover has been arranged by a global professional services firm aonUsing a panel of insurers led by canopiusa global specialty (re)insurer and Lloyd’s of London Syndicate, said in a press release.
  • financial technology company Increase has closed a $70m Series B funding round co-led by Mubadala Capital And Korelia Capital, According to an announcement, this brings the total raised by Ramp over the past year to over $120m. Ramp plans to use the funds to further invest in its product line, add local fiat currencies and payment methods, expand into new territories, and continue hiring.

Wallet News

  • non-custodial bitcoin (btc) trading platform hodl hodli Now available as a trading option Satoshi Labhardware wallet, Trezorand with the coin management app, treasure suite, integration is enabled by invitationThe crypto exchange comparison tool inside the Trezor wallet, and will strengthen privacy in peer-to-peer bitcoin transactions, said an announcement.

trading news

  • trading service provider Global Invest said that it has integrated a crypto funding option into its proposed payment index. according According to the press release, users are now able to fund their accounts with digital assets.

exchange news

  • bitgate launched a social trading feature called Strategy PlazaWhich gives users the option to follow a range of automated trading strategies. To Announced, strategists can create their own unique automated trading strategies and share them on Strategy Plaza, and regular users can subscribe to strategists, after which trading strategies will be automatically executed for users over the next 30 days.

blockchain news

  • IOTA Foundation said that it partnered with crypto finance groupwho is part of Deutsche Börse Groupto support shimmer network token. To Announced, Crypto Finance Group is the first prudentially regulated custody and brokerage provider to support SMR, Shimmer’s native token, the official L1 staging and verification network. just Make a draft
  • Kim Kardashian, Floyd Mayweather Jr., and Paul Pierce won a provisional court ruling dismissing a lawsuit accusing celebrities of defrauding investors. ethereummaxbloomberg informed of,

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