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Bitcoin Miners Saw 48% Revenue Increase in November
6.12.2020
Nearly 11% of revenue came from fees, down slightly from October
Crypto-Friendly Travel Site Travala Posts 503% Revenue Increase, 72% of Bookings Paid With Cryptocurrencies
5.12.2020
Travel booking website Travala saw an increase in revenue of over 503% in November compared to the previous year. Out of all bookings, 72% were paid with cryptocurrencies, with bitcoin being the most popular choice. A Record Month for Travala The up and coming crypto-friendly travel booking website...
Darknet Market Crypto Revenues Hit All-Time Highs in 2020
5.12.2020
A study revealed that darknet markets have astonishing figures so far in 2020, despite the coronavirus pandemic, but the dynamics changed compared to the last year’s numbers. Darknet Vendors Surpassed $800 Million in Revenues Despite Covid Pandemic According to the Chainalysis report, darknet...
Argo Reports 23% Monthly Revenue Increase, With 2,369 Bitcoin Mined Since January
4.12.2020
Bitcoin miner Argo Blockchain reported Thursday that revenue climbed 23% to £1.48 million ($1.98 million) in November compared to £1.2 million ($1.6 million) the previous month. ● The London Stock Exchange-listed firm mined less bitcoin (BTC) in November (115 BTC) than it did...
Genshin Impact’s Mobile Haul Is Nearly $400 Million (And Counting)
3.12.2020
Open-world adventure game Genshin Impact has made its developer miHoYo around $393 million in revenue since launching in late September, according to mobile analytics firm Sensor Tower. The wild part? That number only accounts for the game’s mobile income.Read more
What's your first week revenue per game platform?
1.12.2020
A little quiz to continue your week
Crypto Broker Voyager’s Q1 Revenue Soars 186%, Assets Under Management Jump to $150 Million
1.12.2020
Crypto asset broker Voyager Digital Ltd reported Monday that revenue for the fiscal first quarter soared 186% to $2 million from $700,000 in the previous quarter, as more users utilized the platform. ● Voyager co-founder and chief executive officer Stephen Ehrlich said the number of people...
Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days
24.11.2020
The Ethereum network’s ETH 2.0 contract has crossed the threshold needed to initiate the upcoming upgrade. Currently, there’s more 694,368 ether worth over $422 million resting in the contract, as developers hope the proof-of-stake launch will begin on December 1. At the end of...
Crypto Retirement: US Investment Firm Launches Employer-Sponsored Bitcoin 401(k) Plan
23.11.2020
The U.S.-based company Digital Asset Investment Management (Daim) has announced the launch of a company-sponsored 401(k) retirement plan that allocates up to 10% in bitcoin. The plan is an ERISA compliant employer-sponsored 401(k) and assets are held in institutional-grade cold storage...
Nvidia Posts Record Q3 Earnings, Sales of GPUs to Crypto Miners Reach $175 Million
21.11.2020
Nvidia released its earnings for the third fiscal quarter of 2021 this week, showing better-than-expected results, driven by sales of its graphics processing unit (GPU) chips. The firm reported graphics segment revenue of $2.79 billion for the quarter, beating analyst estimates of $2.1 billion....
Bitcoin price doubles since the halving, with just 3.4M Bitcoin left for buyers
20.11.2020
The Bitcoin price has doubled since the halving in May, with Chainalysis attributing much of the bullish price action to the insatiable appetite of institutional investors
Bitcoin mining revenue hits yearly high, after return to pre-halving levels
19.11.2020
Bitcoin mining revenue has topped $20 million per day, its highest level this year
Marathon Reports Record $835K Quarterly Mining Revenue, Increased Bitcoin Holdings
12.11.2020
Marathon is holding more bitcoin on its balance sheet than ever before
Hut 8 Mining Revenue Drops 43% in Q3 Despite Hash Power Increase
12.11.2020
Hut 8 mining revenue has fallen for 5 consecutive quarters
Canada’s Tax Authority Asks Court to Force Crypto Exchange to Hand Over Data on All Users
8.11.2020
Canada’s tax authority is reportedly asking a federal court to force cryptocurrency exchange Coinsquare to hand over information and certain documents on all of its users since the beginning of 2013. The Canadian crypto exchange has over 200,000 users. Canada Revenue Agency Wants Data on...
Cash App’s Bitcoin Revenue Soars 1,000% to $1.63 Billion in Q3, Square Announces
7.11.2020
Cash App, a mobile payment service of Square Inc., generated more than $1.63 billion in bitcoin revenue in Q3 2020, which is an increase of more than 1,000% over the same period last year. The company recently invested 1% of its total assets, or $50 million, into bitcoin. Cash App’s Bitcoin...
Canada Tax Collector Seeks to Force Crypto Exchange Coinsquare to Fork Over Client Records
6.11.2020
The demand mimics a play tax enforcers at the IRS deployed against Coinbase
South Korea To Ban Crypto Exchanges From Handling Privacy Coins
6.11.2020
South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto...
Bitcoin miner revenue surges to pre-halving levels
6.11.2020
Miners are likely starting to sell some BTC at this point
Nigeria hopes blockchain will generate $10B revenue by 2030
6.11.2020
“We want Nigeria to be strategically placed to capture value from this economic potential of blockchain,” stated the NITDA director-general