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With Blockchain, Fraud Will Not Be Able to Steal Digital Ad Revenues
23.8.2020
Supply chain transparency is the spanner in the works of the digital advertising machines, but can blockchain help?
High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’
13.8.2020
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures....
New Kenyan Digital Tax to Affect Crypto Platforms
8.8.2020
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...
Coincheck Revenues Down, Operator Launches Crypto Lending in US
30.7.2020
Coincheck, one of Japan’s leading crypto exchanges, has reported that its revenues are down by over a third on last year’s figures – although its operator has launched crypto lending services in the United States.
Per a financial report from its operator the Monex Group, Coincheck said that...
Miner Revenues Crash, But This Has Always Marked Bitcoin Price Bottoms
21.5.2020
The drop-off in Bitcoin mining revenue to 2019 levels show a macro bottom for BTC is near as the impact of the halving is starting to be felt
Bitcoin Price Hits $9K as Data Shows Miner Revenues Fell 47% in 1 Day
13.5.2020
The halving hits as commentators consider the increasing importance of fees for miners going forward, but price volatility lessens
Riot Blockchain’s Bitcoin Mining Revenues in Q1 Rise 70% Year-on-Year
12.5.2020
Biotech firm-turned-Bitcoin miner Riot Blockchain disclosed strong results for Q1 2020 in its latest quarterly report filed with the U.S. Securities and Exchange Commission
Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving
12.5.2020
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus...
Quantitative Hardening: Dissecting the Third Bitcoin Halving, 3 Key Data Points to Watch
10.5.2020
In a touch more than 24-hours time, the third bitcoin halving will take place on May 12, 2020, on or around 9:50 p.m. ET. Miners will see their revenues slashed in half from 12.5 coins to 6.25 BTC after the halving and speculators wonder what will happen after the event. Currently, according...
Bitcoin Revenues in Square’s Cash App Top Fiat Revenues for First Time in Q1
6.5.2020
Bitcoin profit through Square’s Cash App was $7 million in the first quarter of 2020. It earned $8 million in bitcoin profit through the whole of 2019
Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019
1.5.2020
Bitcoin mining firm Argo Blockchain said an 11-fold increase in revenues shows pivoting away from mining-as-a-service was a good move for the company
Online Black Markets’ Bitcoin Revenues Take a Hit Amid Pandemic
1.4.2020
Customers spent fewer bitcoins at darknet markets over the last two months despite the slide in the cryptocurrency's price, according to data from blockchain surveillance firm Chainalysis
China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year
13.1.2020
On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.4 billion...
European Banks Struggle With Low Interest Rates and Strict Regulations
4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....
Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland
26.10.2019
Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read:...
Global Blockchain Revenues to Hit $10 Billion by 2023: Market Research
28.8.2019
Global revenues for blockchain technology are expected to hit $10 billion by 2023, per a recent report
How Crypto Market Fall Influences Mining Hardware Sales and Producers’ Revenues
19.11.2018
AMD and Nvidia stocks fell by 48% and 36% correspondingly last month, and Bitmain has allegedly lost $600-700 million in Q2. Is the mining hardware industry falling along with crypto market?