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Meta Opens Monetization Options to Users of Horizon Worlds
13.4.2022
Meta, the company formerly known as Facebook, is now launching a pilot project that will let users in Horizon Worlds, its VR metaverse platform, monetize their creations. This pilot will allow a number of users to collect payments for access to their created environments, or for virtual items sold...
Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance
31.3.2022
The company also said permission for its operations to continue at its New York facility has been delayed again
Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500%
30.3.2022
The firm highlighted growth in hash rate, mining equipment sales, hosting revenue, digital asset mining income as key reasons for the improved performance
Bitfarms Reports Q4 Revenue Growth of 33% to $60M, Along With Margin Expansion
28.3.2022
The miner booked almost half of its annual profits in the last quarter of 2021
Bitcoin Miner Mawson Increases Q4 Revenue 79% From Previous Quarter
21.3.2022
The company also raised its hashrate guidance for next year by 10%
Coinbase’s NFT Segment Could Add More than $1B to Annual Revenue, Needham Says
17.3.2022
Analyst John Todaro continues with a buy rating on the stock and $360 price target suggesting more than 100% upside from the current $176
Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%
17.3.2022
The financial results weren’t all positive, however, as the Bitcoin miner posted a surprise loss in the fourth quarter
Digital Assets Can Boost Revenue Streams for Sports Teams, PwC Says
14.3.2022
Token sales and metaverse events have the potential to become major revenue streams for teams and leagues
Marathon Digital’s Q4 Revenue Rises 17% From Q3, but Misses Estimates Slightly
1.3.2022
Mined bitcoin in Q4 fell about 12% from the previous quarter, but rose more than 600% year-over-year
Plus500 Revenue Falls Following the Pandemic Last Year
1.3.2022
The pandemic has not been kind to businesses across the world. Many small-scale startups both in crypto and mainstream industries have gone out of business, and established firms have faced a significant fall in revenue due to the impacts of the coronavirus. Joining this list is Plus500, a forex...
Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%
26.2.2022
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s...
Coinbase made $2.2 billion in revenue from transaction fees in Q4
25.2.2022
The largest crypto trading platform in the U.S. has beaten analysts’ expectations by 27% in its Q4 earnings despite a broader slump in the crypto market
A Healthy US Bitcoin Mining Industry Could Generate Significant Tax Revenue
23.2.2022
Tax revenue inflows from bitcoin mining companies could represent a meaningful windfall for the United States government
Hoo’s First Stage of Token-Repurchase Program Completed With Over 400,000 HOO Token Added to Its AMM Liquidity Pool
21.2.2022
PRESS RELEASE. On February 17th, 2022, Hoo announced the completion of the first-stage token-repurchase plan on HOO Token with a cumulative total of 423,982.18 HOO repurchased from the secondary market. From January 2022, Hoo had imposed the strategic plan on generating 30% of the income revenue...
Report Attributes Large Share of Global Crypto Crime to Russia, Moscow City
16.2.2022
The growing popularity of cryptocurrencies has placed Russia among the leaders in adoption. But while it is yet to reach the top of the ranking, the country already has a “disproportionate share” of global activity related to some forms of crime involving cryptocurrency, according...
UK Seizes First NFTs in $2 Million Fraud Crackdown — Arrests 3 People
15.2.2022
The U.K.’s. HM Revenue & Customs (HMRC) has made its first non-fungible token (NFT) seizure. British authorities also seized some crypto and arrested three people in a fraud case involving 250 allegedly fake companies. “Our first seizure of a non-fungible token serves as...
Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’
12.2.2022
The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive...
Moon: The Lunar Metaverse Launches Revenue Generating NFT Land Sale
7.2.2022
Moon is a brand new economic, and social Metaverse inspired by lunar exploration. Players have the opportunity to acquire NFT land plots, develop a new world, drive its economy and uncover the mysteries of the Moon’s dark side. The limited collection at the best possible value of 1000 land...
Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says
6.2.2022
Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
3.2.2022
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get feedback … It is much more friendly to both investors and the industry,” said...