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MicroStrategy Earnings Miss Mark as Bitcoin Weighs on Assets
MicroStrategy published third-quarter financial results which show the company’s revenue has been stagnating, coming in under expectations. The post MicroStrategy Earnings Miss Mark as Bitcoin Weighs on Assets appeared first on BeInCrypto. дальше »
2022-11-2 23:46 | |
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Block Inc. Lowers Sights as Revenue from Bitcoin Drops
Payments firm Block Inc. has said it will slow hiring and lower its 2022 investment target by $250 million after announcing its second quarter financial results. The post Block Inc. Lowers Sights as Revenue from Bitcoin Drops appeared first on BeInCrypto. дальше »
2022-8-5 18:00 | |
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За первые три месяца 2022 года Marathon зафиксировала убыток в $13 млн
В первом квартале 2022 года доход американской майнинговой компании Marathon Digital Holdings составил $51,7 млн. Это на 14% меньше по сравнению с предыдущим кварталом. $MARA’s Q1 2022 financial results are out:- Revenue ⬆️ 465% y-o-y to $51. дальше »
2022-5-5 10:29 | |
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LATAM: Low Interoperability Highlights Crypto’s Big Potential
Across Latin America, a fragmented payments landscape has resulted in low interoperability, often leading to high fees for both senders and receivers of payments. Regulators in the region are working — with varying progress and approaches — to enable real-time payment options that foster greater interoperability, increase financial inclusion, generate revenue for banks and businesses … Continued The post LATAM: Low Interoperability Highlights Crypto’s Big Potential appeared first on Ripple. дальше »
2022-4-21 21:27 | |
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Bitcoin Purchases on Dorsey’s Square Cash App, Records Its 7th Straight Quarter of Growth
According to the financial report of the quarter four of Twitter founder and bitcoin proponent Jack Dorsey’s Square, customers bought $178 million of Bitcoin. In total, the peer-to-peer payments and stock trading Cash App generated $361 million in revenue, half of which came from bitcoin trading. дальше »
2020-2-29 22:24 | |
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BlockFi Raises $30M Series B Led by Valar Ventures
New Jersey-based crypto-focused financial services company BlockFi announced today that it has raised $30 million in Series B funding led by Valar Ventures. BlockFi Saw 20x Revenue Growth in 2019...The post BlockFi Raises $30M Series B Led by Valar Ventures appeared first on Crypto Briefing. дальше »
2020-2-13 16:58 | |
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Overstock Announces Financial Losses In All Sectors, Including Blockchain in Gross Profits Q2 2019
The retail giant Overstock just released the newest data on its financial results for the second quarter of 2019 and the results are not as good as they were hoping for. According to them, their revenue decreased 23% and gross profit went down by 19%. дальше »
2019-8-10 03:22 | |
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Uber and Lyft Threaten Duopoly, Rideshare Customers Cry Foul
Lyft Chief Financial Officer Brian Roberts claims that losses the company suffered in 2018 were very likely the “peak” with better times around the corner. On a call with investors, Roberts said that an increase in revenue per rider was behind Q2 earnings completely smashing Wall Street expectations. дальше »
2019-8-9 23:35 | |
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Square’s Cash App Doubles Its Bitcoin-Generated Revenues
Square, Inc. , a U. S. financial services and mobile payment company, reported its 2019 second-quarter earnings, beating the market’s expectations. The company’s total net revenue for the second quarter grew 44% from one year ago. дальше »
2019-8-3 19:00 | |
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Consoles aren’t selling because the next-gen is coming
Sales of current-generation consoles are starting to drop dramatically — most likely because the next generation is on the horizon. While we won’t see new consoles until next year, it appears consumers are already starting to save their money in anticipation. дальше »
2019-7-20 01:36 | |
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BRIKCOIN ICO
BRIKCOIN is using an innovative financial model to solve the affordable housing crisis in the UK, working with local government and financial institutions. In addition to property revenue, the company plans to leverage its tenant base to launch payments with BRIKCOIN and support innovative proptech companies. дальше »
2019-7-18 11:03 | |
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JPMorgan, Bundesbank Accept Their Need To ‘Get With The Times’, Welcome The Crypto Revolution
As the time to release their Q2 revenue totals draws nearer with each passing day, established financial institutions like JP Morgan and Wells Fargo are beginning to realize that they can no longer ignore the growing clout of the crypto industry. дальше »
2019-7-13 18:46 | |
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Report: QuadrigaCX CEO used fake trades to misappropriate users’ cryptocurrency
The Canadian cryptocurrency exchange QuadrigaCX appears to have been playing with fire long before it collapsed – and took $134 million with it – earlier this year. According to the latest report from administrators, EY, QuadrigaCX had been operating a fraudulent cryptocurrency exchange. дальше »
2019-6-20 11:32 | |
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Brazil: Criminal gang dupes 55,000 Brazilians of over $200 million via crypto-investment scheme
Federal Revenue Service, the financial governing body of Brazil, announced that a criminal gang duped 55,000 investors by swindling over $200 million. All of these investors were duped by the gang by promising exponential returns, the FRS stated. дальше »
2019-5-24 13:30 | |
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55,000 Brazilians scammed out of $200M+ worth of fake cryptocurrency
A Brazilian cryptocurrency crime cartel has been shut down after conning over 55,000 investors for over $200 million. The cartel ran an unlicensed financial institution without authorization from Brazil‘s Central Bank. дальше »
2019-5-22 12:25 | |
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These 20 tech companies literally have the most valuable employees
If you’ve ever wondered how valuable a company is — or in other words, its capacity to bring in revenue, as well as what its assets are worth — the most common way to do it is to look at its market capitalization. дальше »
2019-5-20 16:56 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Oil Field Alchemy: How Bitcoin Can Turn Waste, Emissions into Proof-of-Work
In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin. дальше »
2019-5-8 20:07 | |
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Top 5 Media Franchises With a Total Revenue Lower Than Bitcoin’s Market Cap
Most people like to compare Bitcoin’s market cap to other financial markets. Company valuations, the price of gold, everything is compared to Bitcoin sooner or later. The following media franchises all have a total revenue which is lower compared to Bitcoin’s market cap. дальше »
2019-5-2 13:08 | |
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Indictments Issued for Two Individuals for Running “Shadow Banking” Operation
U. S. Attorney's office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S. дальше »
2019-5-2 23:54 | |
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Robinhood Crytpo Trading Platform Looks to Add Banking Products and Services with Charter Application
Robinhood Applies In US For Bank Charter To Add Traditional Financial Services To Crypto Platform Enticing institutional investors has been the goal of the crypto industry for the last two years, hoping to bring in some of that revenue to get out of the bear market. дальше »
2019-4-24 00:50 | |
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Struggling Ethereum Giant ConsenSys Seeks $200 Million Raise at Billion-Dollar Valuation
By CCN. com: Ethereum development studio ConsenSys is struggling financially and is now trying to raise $200 million from outside investors to stay afloat. The fundraising drive comes just four months after the Brooklyn-based blockchain startup laid off 13% of its workforce. дальше »
2019-4-16 15:35 | |
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Op Ed: Bitcoin Is Turning Left vs. Right Into Big Data vs. Privacy
The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets. дальше »
2019-4-16 22:26 | |
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Auditor Exposes ‘Weakness’ in Nasdaq-Listed Crypto Stock
Being a crypto company isn’t as easy as it looks. Just ask Riot Blockchain, a Nasdaq-listed company that was previously known as Bioptix. Riot is the subject of an audit in which “material weakness” was discovered in their financial reporting, according to a U. дальше »
2019-4-6 18:45 | |
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In Plain English: SEC Publishes Guidance on Tokens as Securities
The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security. дальше »
2019-4-4 22:02 | |
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Cryptocurrency mining firm posts massive $58M loss
Bitcoin and other cryptocurrencies might have had a good week so far, but it’s not quite enough to make up for this Nasdaq-listed cryptocurrency mining firm‘s 2018 losses. In its 2018 financial report, released yesterday, cryptocurrency mining firm Riot Blockchain posted a $58 million loss. дальше »
2019-4-3 17:25 | |
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CPI Technologies Facilitates Secure, Scalable Software Development Via Turnkey Blockchain Solutions
The world of blockchain-based financial software is becoming an increasingly competitive sector. New companies and more established operations alike are vying for attention, seeking to offer enhanced services and increase their user-base, with the obvious benefit of unlocking additional revenue with which to fund further development. дальше »
2019-3-25 09:18 | |
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Valued At $1 Billion, Canaan Creative Is Encroaching on Bitmain’s Dominance
ASIC chip manufacturer Canaan Creative is closing the gap between itself and industry leader Bitmain after a massive infusion of capital. In its latest funding round, the Chinese mining company has raised several hundred millions of dollars, Chinese publication Securities Times reports. дальше »
2019-3-14 00:05 | |
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Bitcoin Mining Giant Canaan Secures New Funding in ‘Hundreds of Millions of Dollars’
Canaan Creatives, the world’s second-largest bitcoin mining chipmaker, has raised ‘hundreds of millions of dollars’ in a new financing round. STCN reported that the latest funding pushed Canaan’s worth to at least a billion dollar. дальше »
2019-3-12 14:17 | |
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Barclays Analyst: Facebook Coin Worth $19 Billion in Revenue by 2021
Interest in Facebook’s forthcoming stablecoin is beginning to take hold in the broader financial market. According to a report published by CNBC on Mar. 11, Barclays analyst Ross Sandler wrote in a client note that. дальше »
2019-3-12 03:36 | |
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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »
2019-3-1 20:16 | |
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Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners
When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition. дальше »
2019-3-1 17:19 | |
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Cryptocurrency Could Soon Open New Revenue Streams, Disrupt Payments System, Per Analyst
One of the longtime fears that the traditional financial world seems to have about cryptocurrency is its potential for overtaking payment systems. People who are comfortable with the archaic system do not want to see a broader market, which is partially due to the lack of faith that they have in cryptocurrency. However, as the […] дальше »
2019-2-28 03:33 | |
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Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019
Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year. дальше »
2019-2-26 22:09 | |
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Here’s How Much Nvidia Actually Made from Crypto Mining Sales
According to a report by Markets Insider, Nvidia generated $1. 95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher. дальше »
2019-2-2 04:13 | |
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Apple Q1 Earnings Report Threw Cold Water On Market Estimates
CoinSpeaker Apple Q1 Earnings Report Threw Cold Water On Market Estimates The earnings calls of major public companies set ready to shatter the stock market. The next breaking revenue report was made by a prominent iPhone supplier, Apple, which has just reported its financial results for Q1 2019. дальше »
2019-1-30 00:00 | |
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Italian Securities Watchdog Adds Togacoin to Its Crypto Scam Blacklist Citing Their ‘Revenue Calculator’
While some crypto users dislike regulators as they are often clashing with some aspects of decentralized cryptocurrencies, it is undeniable that some of them are very important for the development of the ecosystem because they chase scams and shut them down. дальше »
2019-1-28 19:56 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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