Search
Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue
20.5.2024
BitFuFu's total revenue skyrocketed 149% year-over-year to $144.4 million, beyond expectations. Profit figures were even more massive as its net income exploded more than 12-fold to $35.3 million.
The post Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue appeared first on Cryptonews
Penguiana Reports New Milestones As PENGU Presale Hits Soft Cap, Teases Play-to-Earn Game Trailer Next Month
17.5.2024
PRESS RELEASE. Penguiana (PENGU), a novel penguin-themed meme coin, is making significant waves within the cryptocurrency and Solana meme community. With its presale already raising over 1500 SOL, Penguiana is positioning itself as the next popular meme coin on the Solana blockchain. Penguiana...
Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024
17.5.2024
PRESS RELEASE. Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within...
Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
15.5.2024
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne...
State of Wisconsin reports $164M investments in spot Bitcoin ETFs
14.5.2024
The entity responsible for managing assets in the state’s pension system reported it held millions of shares of the BlackRock iShares Bitcoin Trust and Grayscale Bitcoin Trust
Coinshares Reports Its Most Successful Quarter Ever in Q1
14.5.2024
Coinshares International Limited, a European investment company specializing in digital assets, has announced its Q1 2024 results, marking the most successful quarter in the company’s history. The company reported a 216% year-over-year (YoY) increase in revenue, gains, and other income,...
VanEck’s Bitcoin ETF Gains $109 Million Net Asset, Holds $619 Million Bitcoin in Q1
14.5.2024
VanEck's spot Bitcoin ETF HODL reports substantial asset growth in the first quarter of 2024, with total holdings reaching approximately $619 million in Bitcoin and a net realized gain of $6 million.
The post VanEck’s Bitcoin ETF Gains $109 Million Net Asset, Holds $619 Million Bitcoin in...
Coinbase Reports System-Wide Outage
14.5.2024
The crypto exchange's website is currently unavailable and responds with a 503 error
SoftBank subsidiary to develop semiconductor chips, reports profits after AI shift
13.5.2024
The SoftBank-owned research and development firm Arm said it will develop its own artificial intelligence chips as its owner reports profits after shifting focus to AI
Reports of ‘bleached’ counterfeit bills crop up across North America
13.5.2024
Dodgy dollars are appearing everywhere from Texas to Hawaii to Canada as fiat counterfeiting is seemingly making a comeback
JPMorgan reports holding shares of several spot Bitcoin ETFs
10.5.2024
The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs
White House Plans to Nominate CFTC Commissioner Johnson for Treasury Position
10.5.2024
According to reports, the US Treasury Department's top position involving bank supervision would be filled by the nomination of Kristin Johnson, a commissioner at the Commodity Futures Trading Commission (CFTC), by the White House.
The post White House Plans to Nominate CFTC Commissioner Johnson...
Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs
10.5.2024
The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot
Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings
10.5.2024
Bitcoin mining firm Marathon Digital reportedly battled against “operational challenges” to produce record financial results in the first quarter of 2024.
The post Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings appeared first on Cryptonews
Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC
9.5.2024
Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...
Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1
9.5.2024
Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million
Binance denies reports of DWF Labs market manipulation
9.5.2024
DWF Labs was first hit by market manipulation accusations in September 2023
Core Scientific Records $211 Million Net Income in Q1 2024
9.5.2024
Core Scientific reports a turnaround with a net income of $211 million in the first quarter of 2024, marking a recovery from last year's financial losses with 2,825 self-mined Bitcoin.
The post Core Scientific Records $211 Million Net Income in Q1 2024 appeared first on Cryptonews
Robinhood Reports 224% Surge in Crypto Trading Volumes in Q1
9.5.2024
Popular trading platform Robinhood has experienced a substantial increase in crypto trading volumes during the first quarter, with a surge of 224% to reach $36 billion.
The post Robinhood Reports 224% Surge in Crypto Trading Volumes in Q1 appeared first on Cryptonews
Coinbase Reports Impressive Q1 Revenue of $1.6 Billion, Up 72% Quarter-on-Quarter
3.5.2024
Coinbase has reported a remarkable revenue of $1.6 billion in the first quarter of the year, representing a substantial 72% increase compared to the previous quarter.
The post Coinbase Reports Impressive Q1 Revenue of $1.6 Billion, Up 72% Quarter-on-Quarter appeared first on Cryptonews