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Company

Galaxy

Galaxy Digital is a diversified financial services firm focused on digital assets, offering trading, asset management, mining, and investment banking.

Known aliases

  • Galaxy analysts
  • Galaxy Digital

Current stories

investConfirmed4 publishers

Solana's first binding vote cancels 18.9 million SOL of scheduled issuance

Solana's validators voted to slow token issuance by cutting their own reward stream. The margin was thin enough that one custodian's late change of mind settled six years of the network's monetary schedule.

Perspective Coverage

4 publishers
Builder
Builder 18%
Operator
Operator 42%
Investor
Investor 40%

Reality

Evidence72
Adoption40
Hype gap+20
Incentives70
Confidence68
investOne report1 publisher

Crypto lending's rebound to $56 billion enlarges the pool exposed to the next Kelp DAO-style exploit

Crypto lending value locked has risen more than 55% since early July to about $56 billion, according to DeFiLlama data. Aave and Spark have pruned collateral to cap bridge and oracle exposure, though Aave's founder says no protocol can control the wider ecosystem.

Reality

Evidence45
Adoption60
Hype gap+15
Incentives70
Confidence45
investConfirmed3 publishers

Evernorth's effective S-4 sends its XRP vehicle to Nasdaq just as DAT premiums reach 1.0

Effectiveness clears a disclosure hurdle, and the harder question is whether investors still pay above book for a company whose main job is holding one token, when Galaxy says that premium has already gone.

Perspective Coverage

3 publishers
Builder
Builder 12%
Operator
Operator 33%
Investor
Investor 55%

Reality

Evidence70
Adoption
Not scored
Hype gap+20
Incentives75
Confidence65
investOne report1 publisher

Morpho holds about 70% of the record $2.75bn borrowed on Base

Artemis put outstanding loans on Coinbase's Layer 2 at a record $2.75bn on September 10, and roughly $1.92bn of that sits in Morpho vaults reachable through Coinbase's own borrowing screen at advertised rates from 5%.

Reality

Evidence45
Adoption72
Hype gap+20
Incentives65
Confidence50
productOne report1 publisher

A quantum-resistant bitcoin spend clears mainnet under today's consensus rules

Gizmodo reports that a StarkWare researcher's transaction needed no soft fork. That fact moves post-quantum migration out of the developer debate and into the custody workflow, where somebody has to schedule it and pay for it.

Publishers:gizmodo.com

Reality

Evidence42
Adoption18
Hype gap+20
Incentives62
Confidence45
investOne report1 publisher

Serial $75M token raises are allowed. Each one waits on an SEC staff review

Repeat 12-month raises are permitted, and each buys a fresh offering statement plus years of reports. The SEC's own estimate is roughly 130 offerings a year.

Reality

Evidence64
Adoption
Not scored
Hype gap+8
Incentives62
Confidence52
investOne report1 publisher

Bitcoin miners are selling coins below cost to become AI landlords

Peter Schiff says AI bids against Bitcoin for capital, power and space. The contract arithmetic suggests that at the level of the individual site, the argument is already over.

Reality

Evidence34
Adoption64
Hype gap+22
Incentives62
Confidence38