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Nalezeno "AI revenue": 799

IRS Updates Crypto-Related Instructions for 2022 Tax Filing

25.10.2022
The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins,” the tax agency detailed. New...

Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’

21.10.2022
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study which also established that the sector was growing during both ups and downs in the crypto market. $1.4 Billion...

Silvergate's Q3 Net Income and Revenue Jumps 73%

18.10.2022
The digital asset bank grew its customer base to 1,677 during Q3

UK’s Royal Mint Reveals Record Profits Amid Significant Demand for Physical Gold and Silver

14.10.2022
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In fact, the Royal Mint’s annual earnings show the firm has seen the highest profits in 12 years, with...

MakerDAO revenue tumbles 86% on Ether and Wrapped BTC woes

14.10.2022
Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations

Over 12,000 Brazil companies declare crypto holdings in record high

10.10.2022
August figures released by Brazil's tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded

Scammers Are Targeting Cryptocurrency Scam Sites to Hijack Their Targeted Audience

7.10.2022
Cryptocurrency scam sites are being targeted by other scammers to hijack their traffic and their possible earnings. A recently detected threat actor, named Water Labbu, is manipulating the users that are drawn to these sites as a source of revenue, injecting a malicious script as a tool...

US Court Authorizes IRS to Issue Summons for Crypto Investors’ Records

26.9.2022
The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions.” The IRS commissioner commented: “The government’s ability to obtain third-party...

Get ready for a swarm of incompetence at the IRS in 2023

22.9.2022
The IRS is hiring 87,000 agents, thanks to President Joe Biden’s 2021 infrastructure package, but they won’t be fully trained for three years

Twitch Streamers Are Pissed That Amazon Is Taking More Of Their Money For BS Reasons

22.9.2022
Yesterday, the president of Twitch, Dan Clancy, announced a change to the revenue system that would mean some of the top performing Twitch streamers will get less money. According to Clancy, Twitch was making this change in order to afford increasing server costs.The changes would not affect “the...

Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge

19.9.2022
Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts....

Crypto Exchange Coinbase Could Earn $1.2B in Revenue Next Year From Higher Interest Rates, JPMorgan Says

16.9.2022
The added revenues would mainly come from the exchange's revenue share on interest income from USDC reserves

Fireblocks records $100M+ revenue in subscriptions amid bear market

12.9.2022
As a software-as-a-service provider, Fireblocks witnessed overwhelming interest in decentralized finance, blockchain and Web3 technologies

Ethereum Co-Founder Vitalik Buterin Discusses Bitcoin’s Long-Term Security

4.9.2022
On September 1, Vitalik Buterin conducted an interview with the economics author Noah Smith and the co-founder of Ethereum spoke an awful lot about Bitcoin and the network’s long-term security. Buterin also discussed the crypto economy’s crash and he insisted he was “surprised...

Coinbase eyes long-term growth of subscription revenue, NFTs still a focus

25.8.2022
Coinbase CEO Brian Armstrong says the exchange has been building subscription revenue streams for three years and will continue to do so into the long term

Chipmaker Nvidia’s Crypto Mining Chip Revenue Continues to Fall

24.8.2022
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Coinbase Boss Says Transaction Fee-based Revenue Model Won’t Work Long-term

24.8.2022
The crypto exchange giant Coinbase wants to ditch its reliance on transaction fees as its main source of income – and is concerned that the fees that traders pay when they exchange tokens cannot provide a sustainable form of income. Speaking in an interview with CNBC, the firm’s CEO Brian...