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Payments Technology Firm Nuvei Q4 Crypto Revenue Drops 58% From Year Ago
8.3.2023
The sharp drop is set against revenue growth of 4% from $211.9 million to $220.3 million across the whole of Nuvei's business
Crypto Mining Rig Maker Canaan's Q4 Revenue Sunk 82% to $56.8M
7.3.2023
The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in 2021
Marathon Digital bungles crypto impairment sums, will reissue financials
1.3.2023
The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures
Bitcoin Miner Marathon Digital to Restate Some Results on Accounting Issues
28.2.2023
The disclosure comes ahead of this afternoon's fourth quarter earnings release
DCG losses top $1B on the back of 3AC collapse in 2022
28.2.2023
The crypto conglomerate reported that falling crypto prices and the fallout from Three Arrows Capital’s loan default to Genesis affected its results
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
27.2.2023
DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million
Block's Q4 Bitcoin revenue down 7% on crypto price decline
24.2.2023
Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines
Block’s Q4 Bitcoin Revenue Fell 7% Year-Over-Year to $1.83 Billion
23.2.2023
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said
What Coinbase's Q4 Earnings Mean for Crypto Adoption
22.2.2023
Anthony Georgiades, co-founder of Pastel Network, says that the cryptocurrency exchange may be building trust with users and retailers because of its centralized nature, but cautioned that it may simultaneously face headwinds as it comes under the scope of regulatory scrutiny
Coinbase Stock Tumbles 6% After Earnings
22.2.2023
Crypto exchange Coinbase (COIN) topped Q4 estimates Tuesday evening, but shares are sharply lower today alongside a sizable pullback in crypto
Coinbase Off to a Good Start in 2023: JPMorgan
22.2.2023
One of the biggest contributors to revenue in the fourth quarter was from Coinbase’s relationship with Circle, the report said
Coinbase beats Q4 earnings estimates amid falling transaction volume
21.2.2023
Transaction volume on the exchange fell 12% in 2022's fourth quarter, but the firm still beat forecast earnings despite a 57% year-on-year revenue drop
Coinbase Q4 Revenue Beats Expectations, but Transaction Volume Falls 12% From Q3
21.2.2023
The crypto exchange reported its fourth-quarter earnings on Tuesday after the close
Crypto Miner Hive Blockchain's Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin
21.2.2023
The Canadian miner is launching its high-performance computing cloud business, which is 25 more profitable than mining
Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape
18.2.2023
The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and offer an optional creator earnings model with...
Coinbase Investors Prepare for Another Likely Disappointing Quarter
17.2.2023
The crypto exchange is expected to report a slight drop in quarterly revenue from the third quarter, and a 61% drop in revenue in 2022 from the previous year
Report: FTX Promised High Earnings to African Students That Successfully Recruited Fellow Learners
17.2.2023
The collapsed crypto exchange FTX reportedly used the lure of high earnings to convince African university students to become its ambassadors. In addition to encouraging new FTX investors to use the platform, student ambassadors were also required to teach them about crypto and the blockchain. Some...
Coinbase Downgraded to Neutral at DA Davidson Ahead of Earnings
16.2.2023
D.A. Davidson analyst Chris Brendler downgraded Coinbase (COIN) to neutral from buy after a more than doubling in the stock in 2023 sent the price surging past his $55 price target
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake
14.2.2023
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds...
BTC miner CleanSpark on the hunt for further crypto miner fire sales
10.2.2023
The mining firm is not fearful of the bear market and plans to “pick off infrastructure and assets at good deals” this year