Search
Raydium beats Ethereum in 24-hour fee revenues
22.10.2024
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
Core Scientific to host more CoreWeave infrastructure, targets $8.7B revenue
22.10.2024
CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations.
TRON Surpasses BTC, ETH and XRP in Q3 Revenue
22.10.2024
The TRON (TRX) network has made the headlines as it has achieved a record-breaking revenue of $577 million…
Messari Reports TRON’s Protocol Revenue Reached an All-Time High in Q3 2024
22.10.2024
PRESS RELEASE. Geneva, Switzerland, October 22, 2024 – Messari, a leading provider of digital asset market intelligence products, released a research report highlighting TRON’s Q3 performance. The report details seven consecutive quarters of increasing on-chain activity, driving...
October Boosts Bitcoin Miners’ Revenue—But How Will the Election Shift the Market?
18.10.2024
With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network’s hashprice, which represents the value of one petahash per second (PH/s) of hashpower, has climbed by over 14% this month. Meanwhile, the network...
Trump Launches WLF Token, Family Set to Reap 75% of Revenue
18.10.2024
The 2024 U.S. election cycle is witnessing an unprecedented convergence of cryptocurrency and politics, reshaping campaign finance and…
Ethereum’s Pectra fork adds dynamic blob fees to to improve L2 scaling
18.10.2024
A proposal to change the blob gas target and max values on Ethereum comes seven months after blobs were introduced in the blockchain’s Dencun upgrade in March
Memecoins drove Tron network revenue to new high over Q3: Messari
18.10.2024
Nearly a third of Tron’s record $151 million quarterly revenue came from its new memecoin launchpad SunPump over a two week period
P2P touts revenue share as EigenLayer operators vie for restakers
16.10.2024
P2P aims to retain its lead among EigenLayer validators ahead of the protocol’s expected boost to restaking rewards
P2P.org touts revenue share as EigenLayer operators vie for restakers
16.10.2024
P2P.org aims to retain its lead among EigenLayer validators ahead of the protocol’s expected boost to restaking rewards
Nigerian Fintech Okra Launches Cloud Unit to Boost Revenue
11.10.2024
Nigerian fintech startup Okra has entered the cloud infrastructure market in West Africa with its new subsidiary, Nebula. The move aims to diversify revenue and mitigate economic risks. Nebula offers a more affordable alternative to global cloud providers and aligns with the government’s push...
OpenAI may not turn a profit until 2029 despite rapid growth
10.10.2024
Despite growing revenues, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep
OpenAI may not turn a profit until 2029 despite rapid growth
10.10.2024
Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep
Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says
8.10.2024
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding...
Tron Network posts record $577M revenue in Q3
3.10.2024
The Tron network has posted record quarterly revenue largely driven by increasing stablecoin activity and an effort to capture a slice of the growing memecoin market
September Slump: Bitcoin Miners See 2024’s Lowest Revenue
1.10.2024
According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul. Bitcoin Miners Earn $815.7M in September, Lowest Monthly Total of 2024 September was a tough...
Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month
29.9.2024
Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last four days alone. Hashprice Jumps Nearly 9% in 4 Days: Bitcoin Miners Catch a Break as September Nears End On Aug. 29, 2024...
Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs
26.9.2024
Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in a Chicago-based tier-three data center, for an artificial intelligence...
Hong Kong’s Crypto Securities Activities Revenue Was $77M Yuan in Q1 2024
26.9.2024
Hong Kong‘s crypto activity in the securities industry has generated a revenue of $77 Million Yuan in the…
The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles
21.9.2024
Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in...