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Bitcoin Payments for Private Flights Soar, 20% of Privatefly’s Revenue Stems from Crypto
16.2.2021
Cryptocurrency users are leveraging their new-found wealth to fly more often with private jets. This week the directional aviation company Privatefly revealed that close to 20% of the firm’s sales were paid in cryptocurrencies last month, and 13% out of that aggregate used bitcoin. On-Demand...
Bitcoin Miners Posted $354M in Revenue Last Week, Breaking Record From 2017
15.2.2021
Last week's mining revenue eclipsed the previous record set in mid December 2017
Crypto Opens Up PayPal, Square, Visa To New Revenue Streams - Fitch
15.2.2021
Strategic crypto investments are expected to have a limited near-term effect on the credit profiles of companies such as PayPal, Visa, Square, and Mastercard, taking into account the modest capital deployed and the long ramp time, major credit rating agency firm Fitch Ratings said. Moreover, adding...
Japan’s SBI in Talks Over Joint Venture to Make Crypto a Core Revenue Source
15.2.2021
SBI's founder and CEO Yoshitaka Kitao said his firm would turn the planned crypto venture into a core source of profitability
BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin's history
12.2.2021
Bitcoin mining fundamentals are growing stronger as miners are making a killing from higher BTC price
Bitcoin Miners Earn Record Hourly Income of $4 Million
12.2.2021
Bitcoin miners earn windfall income amid the price rally
Apple Well Positioned to Offer Crypto Trading — Analyst Says Company Should Hold Bitcoin in Treasury
11.2.2021
Apple Inc. is well position to offer cryptocurrency trading, according to an analyst with global investment bank RBC Capital Markets. Not only will Apple gain instant market share in the crypto space, but the move could also generate the Iphone maker well over $40 billion in annual revenue....
Argo Blockchain Buys 172.5 Bitcoins as Reserve Asset, Monthly Revenue Soars 52%
4.2.2021
Argo Blockchain said Wednesday that it bought 172.5 bitcoins in the second half of January as part of its asset management strategy. ● In a trading update, the London Stock Exchange-listed bitcoin miner also reported strong revenue growth during the review month, climbing 52% to £2.48...
South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time
4.2.2021
According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine...
Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New Record
3.2.2021
Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020...
Bitcoin Miners Saw Revenue Rise 62% in January From December
2.2.2021
Miners earned over $1.1 billion in January
IBM Blockchain Is a Shell of Its Former Self After Revenue Misses, Job Cuts: Sources
1.2.2021
“There is not really going to be a blockchain team any longer,” said a source
Social trading platform eToro ended 2020 with $600M in revenue
26.1.2021
The exchange platform’s foray into cryptocurrency has been highly lucrative thus far
Vaneck Files for Crypto ETF That Gives Investors Exposure to Equity in Digital Asset Companies
22.1.2021
The exchange-traded fund provider, Vaneck has filed for a Digital Asset ETF, which aims to hold equity in companies that generate revenue from cryptocurrency services. The latest ETF filing is different from the fund Vaneck applied for in mid-December, as it aims to bring investors exposure to...
Paypal to Earn $2 Billion in Revenue From Its Bitcoin Business, Says Analyst
17.1.2021
Mizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment giant’s overall revenue will climb 20%. Dolev says there has been a “dramatic increase in engagement due...
Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US
15.1.2021
One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to...
How did Rust make $1 million in Steam revenue in a day - twice?
14.1.2021
[The GameDiscoverCo game discovery newsletter is written by ‘how people find your game’ expert & GameDiscoverCo founder Simon Carless, and is a regular look at how people discover and buy video games in the 2020s.] Wouldn’t it be nice to make $1 million gross on your Steam game.....
Mastermind of $147 Million Crypto ‘Scam of Epic Proportions’ Sentenced to 10 Years in US Prison
13.1.2021
The mastermind of what the U.S. Department of Justice calls a scam of “epic proportions” has been sentenced to 10 years in prison. His crypto scheme collected over $147 million, duping 72,000 investors. He is also ordered to pay the U.S. Internal Revenue Service more than $1.8 million...
Bitcoin Miners Saw 33% Revenue Increase in December
9.1.2021
Miners earned an estimated $692 million last month
Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge
9.1.2021
Mining difficulty passed 20 trillion Saturday morning