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First Mover Americas: Bitcoin Advances Following Reports of RFK Jr. Withdrawal

22.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Another Crypto 'Fraudster' Arrested in Montenegro, Where Do Kwon Awaits Extradition: Reports

21.8.2024
Polish national Roman Ziemian, the co-founder of digital currency trading platform FutureNet who allegedly defrauded users out of around $21 million has been detained in Montenegro, according to multiple reports citing an announcement from the nation's police

Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million

21.8.2024
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which...

Bitcoin Miner Greenidge Files Legal Complaint Against New York Regulator, Reports Q2 Earnings

19.8.2024
Greenidge Generation Holdings Inc. has initiated legal action against the New York State Department of Environmental Conservation, challenging the denial of its air permit renewal. The company also reported its second-quarter financial results, highlighting cost reductions and ongoing business...

NCA Reports UK’s Annual Crypto Crimes Total $5.1 Billion

17.8.2024
The National Crime Agency (NCA) has unveiled a report revealing that the United Kingdom is entangled in up…

Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports

16.8.2024
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported

Viral Telegram Game $DOGS Reports Finances Prior Trading

15.8.2024
Since its launch in July, Dogs Community has quickly grabbed attention on both X and Telegram, becoming a…

Ethereum ETFs show mixed signals as ETHE reports $31M outflow

14.8.2024
Crypto investments remain volatile as Ethereum ETF flows turn negative, highlighting the market’s rapid evolution

Euler announces 29 audit reports after $4M spent to shore up security

12.8.2024
Some vulnerabilities in Euler v2 were found and resolved, and a subsequent $1.25 million bug bounty contest found no vulnerabilities of medium or greater severity

Robinhood Reports 161% Surge in Q2 Crypto Revenue

10.8.2024
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue. Robinhood’s assets under custody also saw a 57% increase, driven by key acquisitions and the rising value of both equities and cryptocurrencies....

Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings

6.8.2024
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by a significant increase in revenue and adjusted EBITDA. The company also navigated market challenges, including the impairment of its Flowbank investment...

Bitcoin Miner Argo Blockchain Reports Steady Performance in July 2024

5.8.2024
Argo Blockchain PLC has today released its July 2024 operational update, reporting the mining of 48 BTC, maintaining an average of 1.5 BTC per day, consistent with June 2024. The company generated $3 million in mining revenue, with a mining margin in the mid-20% range, slightly lower than...

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...

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...

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....