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Crypto VC funding hits $2.7B in Q2, Tron may be ‘most profitable blockchain’ — Finance Redefined
16.8.2024
Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun
Crypto VC funding hits $2.7B in Q2, Tron may be ‘most profitable blockchain’ — Finance Redefined
16.8.2024
Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun
Tron network exceeds Ethereum revenue over the past 90 days
15.8.2024
According to data from DeFi Llama, the Tron network accrued $1.31 million in network revenue during the past 24 hours alone
Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits
15.8.2024
With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much...
Exodus wallet posts 80% rise in Q2 revenue with $9.6M in losses
14.8.2024
Exodus’ operating revenue in Q2 2024 was primarily driven by the wallet’s exchange aggregation service, which netted $19.9 million
Nigerian state plans to tokenize real estate, boost revenue
14.8.2024
The tokenization of real estate in Lagos State has the potential to transform the property market, making it more accessible to a wider range of investors
Pump.fun daily revenue outpaces the next 24 protocols combined
14.8.2024
Solana memecoin deployer pump.fun has generated more than $5.3 million in revenue in the last 24 hours, out-earning Ethereum, Solana, and Tron and everyone else
Which Steam games 'won' the first half of 2024?
13.8.2024
Well, revenue-wise, at least. Also: 'gauging vibes', and lots of links
Bitcoin miners record lowest daily revenue of 2024
12.8.2024
Bitcoin miners' daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges
SEC Cracks Down on Ideanomics for Fraud in Misleading Crypto and Revenue Disclosures
11.8.2024
The U.S. Securities and Exchange Commission (SEC) has charged Ideanomics Inc. and three of its senior executives with fraud for misleading financial disclosures from 2017 to 2019. Former Chairman and CEO Zheng (Bruno) Wu, current CEO Alfred Poor, and former CFO Federico Tovar were implicated...
SEC and Ideanomics settle in fraudulent $40M crypto revenue reporting
10.8.2024
The Ideanomics case exemplifies the potential consequences of misleading financial practices and reinforces the need for rigorous compliance with federal securities laws
Robinhood Reports 161% Surge in Q2 Crypto Revenue
10.8.2024
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue. Robinhood’s assets under custody also saw a 57% increase, driven by key acquisitions and the rising value of both equities and cryptocurrencies....
Robinhood Q2 crypto revenue surges 161% on rising trading volume
8.8.2024
The $81 million Robinhood made in crypto revenue was more than double made from equities in Q2
Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop
7.8.2024
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per second (PH/s), also referred to as the hashprice, to drop below $36...
Block Reward Cut: Miners Must Stake Bitcoin, Plug into Depins to Offset Revenue Loss
7.8.2024
According to one expert, bitcoin currently needs to trade above $55,000 for miners to break even and $94,000 for them to return to profitability levels seen before the halving. To compensate for the revenue loss caused by the halving of Bitcoin’s block reward, miners are resorting to mergers...
Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings
6.8.2024
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by a significant increase in revenue and adjusted EBITDA. The company also navigated market challenges, including the impairment of its Flowbank investment...
CoinShares revenue surges 110% in Q2, driven by FTX claim sale
6.8.2024
CoinShares revenue for the second quarter of 2024 rose to nearly $28.5 million. FTX bankruptcy proceedings generated a return of 116% in the quarter
Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges
5.8.2024
The founder of decentralized finance protocol Aave said the platform generated $6 million worth of revenue during Monday's crypto market sell-off
Historic Drop in Bitcoin Revenue Leaves Miners Struggling
4.8.2024
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin...
Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in Review
4.8.2024
The U.S. stock market experienced significant declines, and the crypto market fell by 5.82% following a disappointing jobs report, sparking concerns about a potential recession. Meanwhile, Coinbase reported $1.4 billion in Q2 revenue, highlighting growth and regulatory progress in the crypto...