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By The Way, Take-Two’s CEO Profits From All Your GTA Online, NBA 2K Microtransactions
7.5.2022
Microtransactions in games like Grand Theft Auto Online have become big business for video game publishers. And it’s likely this won’t be changing anytime soon. New details spotted in a recent contract extension for Take-Two CEO Strauss Zelnick explain that the CEO will earn a big bonus if more...
Nvidia Fined $5.5 Million For Failing To Acknowledge Crypto-Miners Juiced Its Profits
6.5.2022
Nvidia, producer of graphics cards since prehistoric times, has just been fined $5.5 million by the U.S. Securities and Exchange Commission for failing to divulge to investors how much of its 2017-18 revenue came about from crypto-miners.Read more
Outriders, Square Enix's Answer To Destiny, Didn't Turn A Profit In Its First Year
6.5.2022
According to a recent operations report from the development studio People Can Fly, the online loot shooter Outriders didn’t make any profit by the end of 2021. Read more
Market Wrap: Bitcoin Traders Take Some Profits Ahead of Fed Meeting, Expect Higher Volatility
3.5.2022
Bitcoin (BTC) is roughly flat over the past week, although option traders have hedged against further price drops. And long-term bitcoin holders are taking profits
Are You Losing Money in the Crypto Market? A 20-Year Trader Expresses His Thoughts on Profitability
19.4.2022
With the impact of the recent international events, what has been continuously staged on leading stock platforms is the notable “stock market crash’’. It is believed that there may be a small bubble behind an upcoming boom. The stock market has been gloomy, which has made several investors turn...
Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
17.4.2022
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners...
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
17.4.2022
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for digital assets. Russian...
Biggest Movers: XMR Climbs to 4-Month High, NEAR Drops 10% Following Recent Gains
9.4.2022
Following a gain of over 25% on Friday, NEAR dropped by over 10% to start the weekend, while XMR rose to a four-month high. The move in NEAR comes as traders look to be taking profits from recent highs, and as market uncertainty remains high. Near Protocol (NEAR) After being Friday’s biggest...
Record music streaming profits highlight how NFTs will empower content creators
2.4.2022
With the dramatically expanding creator economy, NFTs and Web3 are becoming the tools for giving artists and musicians more financial stability and control
Why Do Old-Line Businesses Enter Crypto Mining? Simple: Fat Profits
23.3.2022
Even though mining margins have shrunk since crypto prices corrected, for now they’re big enough to keep luring entrants from sectors like prepackaged food and anti-aging formulas
Star-Miner Announces Steady Investments and High Profits
22.3.2022
Star-Miner’s development team recently announced its successful cloud mining services, which has led to the recent rise in both investor confidence and profit margins of the company. Star-Miner, a cloud mining platform, enables users to initiate crypto mining without buying or maintaining...
International Women’s Day 2022 focuses on bringing women to Web3
8.3.2022
Initiatives are launched on International Women’s Day 2022 to bring more women to Web3, but will this be enough in the long-run?
Enhance Your Crypto Trading Profits with the Most Advanced Spot Grid Strategies
2.3.2022
Grid trading is a sort of quantitative strategy used in trading, and trading bots are used to automate buying and selling on Spot Trading. The Spot Grid trading strategy is created to place orders at a preset interval within configured price ranges. Spot Grid strategies involve placing orders...
Intel's BMZ2 Bitcoin Miners to Improve Gross Profits by 130% Compared to Rival Antminer S19 Pro - GRIID
1.3.2022
A US Securities and Exchanges Commission (SEC) filing by GRIID - an American infrastructure company that owns and operates a number of Bitcoin (BTC) mining facilities and one of Intel's first recipients of its upcoming "Bonanza Mine" chips - has claimed that the upcoming Bitcoin miners offer...
Coinbase’s Trading Volume Grew 8.5 Times in 2021 — With 89 Million Verified Users
26.2.2022
The Nasdaq-listed cryptocurrency exchange Coinbase says the number of monthly transacting users on its platform rose to 11.4 million at the end of 2021, which was more than four times the previous year. In addition, Coinbase’s trading volume grew more than 8.5 times from the previous year...
Saxo Bank Shows Growth in Client Count While Profits Remain Marginal
25.2.2022
The annual financial reports for the Denmark-based Saxo Bank came in earlier this week. While the bank scored less exceptionally in terms of profits, the phenomenal growth in client count makes up for the moderate performance. Compared to the previous year’s revenue of 750 million Danish...
Where do crypto donations go? Here are six charities that have benefited, as told by The Giving Block
14.2.2022
"As a smaller organization with a smaller team, we saw how crypto could level the playing field and provide massive fundraising success," said giving associate Alexa Castellano at Trees for the Future
Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says
6.2.2022
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated. While the extraction of digital currencies is yet to be regulated in Russia, authorities lean towards recognizing it...
XTB Notes 69% Hike in Q4 Profits
3.2.2022
XTB, a Poland-based retail broker, recently released its Q4 report, noting a 69% surge in profits. The company also reported a 31.2% year-over-year jump in operating income, with other parameters showing immense growth. The growth ended up with the Polish broker amassing 183.6 million...
NFT philanthropy demonstrates new ways of giving back
31.1.2022
Organizations and artists are using NFTs to give back to children in need, demonstrating new potential for nonfungible tokens