Earnings
Crypto Bank Silvergate Reports Q4 Loss of $1B
The company posted a loss of $949 million for 2022, compared with net income of $76 million in 2021.

Q3 Profit at South Korean Crypto Exchange Upbit's Parent Slides 73%
The firm was hit by a market decline and lower trading volume.

Bitcoin Mining Giant Core Scientific Ended October With $32M in Cash
Core Scientific reiterated it could run out of cash before the end of the year as lawsuits are piling up.

Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
The mining firm has a liquidity position of $4.5 million and outstanding loan principal of $138.5 million.

Crypto Financial Firm Galaxy Digital Reveals $76.8M FTX Exposure as CEO Novogratz Hunkers Down
Galaxy is withdrawing $47.5 million from the crypto exchange.

Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
The miner is targeting 9 EH/s for the end of the year, but continues to guide to 23 EH/s by the middle of 2023.

Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings
Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand.

Jack Dorsey's Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump
Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline.

Lending Platform SoFi's Revenue Jumps 56% in Q3
The company's Nasdaq-listed shares rose 13% in premarket trading.

WisdomTree's Q3 Crypto Assets Under Management Falls 36%
The decline was 33% from the second quarter, which coincides with a downturn across the digital-asset market.

