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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...
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
3.8.2024
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging...
MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase
2.8.2024
MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $199.7 million, driven by a $148 million fair value loss on digital assets. MARA Reports...
Marathon Digital shares plunge 8% after Q2 revenue miss estimates
2.8.2024
Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%
Marathon Digital shares plunge 8% after Q2 revenue miss estimates
2.8.2024
Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%
Coinbase Reports $1.4 Billion in Q2 Revenue Amid Industry’s Regulatory Advances
2.8.2024
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in the crypto industry. The company’s earnings report said it also made strides toward regulatory clarity in the U.S., a key development for the broader crypto economy....
Coinbase shares rise 3% as Q2 crypto trading doubles from last year
2.8.2024
Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year
Coinbase shares rise 3% as Q2 crypto trading doubles from last year
2.8.2024
Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year
Jack Dorsey’s Block sees Bitcoin revenue grow 9% to $2.6B
1.8.2024
Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period
Jack Dorsey’s Block sees Bitcoin revenue grow 9% to $2.6B
1.8.2024
Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period
Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates
1.8.2024
The miner said its adjusted EBITDA swung to loss, compared to previous quarter's profit
Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume
1.8.2024
Coinbase (COIN) reported second-quarter earnings on Thursday
Elon Musk accepts challenge to fight president of Venezuela
1.8.2024
After ducking Mark Zuckerberg, Musk has now agreed to fight 61-year-old Nicolas Maduro on live TV
Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
1.8.2024
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
31.7.2024
Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant. This recovery is attributed to improved revenues, which have led to a reduction in selling pressure from miners. Miners Hold Steady:...
Tron Outpaces Ethereum in Revenue Despite ETH ETF Launch
30.7.2024
Since Bitcoin began its path to recovery and surged over $62,000, the Altcoins quickly followed suit, showing tremendous growth. However, in an interesting turn of events, DefiLlama data shows that Tron has dethroned Ethereum in revenue generation. This is despite the recent launch of spot ETH ETFs...
Tron surpasses Ethereum: $1.42M revenue in 24 hours
30.7.2024
Tron’s revenue surpasses Ethereum since July 23, with $1.42 million generated in 24 hours compared to Ethereum’s $844,276
Microsoft investors’ fears escalate over AI’s slow payoff
30.7.2024
Microsoft investors are increasingly anxious about the slow financial returns from its significant investments in artificial intelligence, despite Azure's steady growth