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Nalezeno "Q2 2023": 15532

Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022


Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses.  The post Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022 appeared first on Cryptonews

Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit


Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Operations Officer Christopher Blodgett. “Our trading volumes and business more generally have imploded,” said Blodgett after the SEC froze Binance.US’...

Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash


A class action securities lawsuit was filed against Hut 8 Corp., seeking to recover the losses of shareholders who were adversely affected by alleged securities fraud between November 9, 2023, and January 18, 2024. The post Hut 8 Faces Multiple Lawsuits From Shareholders Following Stock Crash...

One Of 2023’s Best Shooters Is Now On Game Pass


Another day, another batch of new and old games are coming to Xbox’s popular Game Pass subscription service. This time around, Xbox is bringing one of 2023’s best shooters to the Game Pass library as well as a great remake, a fantastic Remedy-developed adventure, a new baseball game, and more. Read...

Crypto Bros Are Falling For Romance Scams At A Record Rate: Chainalysis


Romance scams were a brutal driver of illicit crypto activity last year, according to blockchain investigators at Chainalysis. The blockchain intelligence platform’s 2024 Crypto Crime Report states that so-called “pig butchering scams” nearly doubled their revenue in 2023 compared to 2022, and have...

USDC Grows In Non-US Markets as Market Cap Taps $28 Billion


The market capitalization of Circle’s USDC moved past $28 billion with a gradual increase from Q4 2023 amid wider institutional investments. The post USDC Grows In Non-US Markets as Market Cap Taps $28 Billion appeared first on Cryptonews

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