EarningsRobinhood saw crypto transaction revenue fall by 24% in Q4 2022The trading app company was seemingly affected by the harsh crypto market. 3 years ago
EarningsSilbert downplays liquidity crisis, expects $800M revenue in 2022 for DCGCEO Barry Silbert addressed the suspension of withdrawals at Genesis Global Capital and listed the company's current liabilities. 3 years ago
AdoptionIstanbul Blockchain Week panelists hopeful on adoption of next-generation blockchain techCEO of Elixxir and cryptography pioneer, David Chaum, expressed that the ongoing issues in centralized finance might hopefully be able to "stimulate the adoption of this next generation of technology" without the vulnerabilities. 3 years ago
EarningsMarathon Digital becomes 2nd largest Bitcoin holder among public companies, has not sold any BTCThe earnings call for Marathon Digital revealed a strong foundation for the coming as it looks to increase efficiency and its renewable energy mix. 3 years ago
AdoptionCoinbase burns $546M of USD resources as it reports another quarter in the red with a 55% revenue declineCoinbase noted that trading volume has been shifting away from the U.S. as its U.S. monthly volume was down more than 50% at the end of September compared to January. 3 years ago
EarningsCoinbase reports $1.10B loss in Q2 as assets on exchange slumpCoinbase reported the biggest loss ever in Q2, losing more than $1B over the past 3 months. Assets held on the exchange also fell to just $96 million. 3 years ago
Bear MarketRobinhood lays off nearly a quarter of its workforce amid crypto winterRobinhood is getting rid of 23% of its workforce due to dipping revenues and a crypto bear market. 3 years ago
EarningsCoinShares posts £8.2M Q2 loss due to one-off impairment hit from TerraThis is the first time London-based Coinshares has posted a negative quarter since its market debut. 3 years ago
EarningsCoinbase stock posts 9 week high on rumors of better than expected earningsCOIN is up 50% since July 26 as analysts forecast better than expected results upon release of the second-quarter earnings report on August 9. 3 years ago
Bear MarketMatch Group shelves Tinder Coin, Metaverse Dating after company swings to a loss in Q2A net loss this quarter has Match re-thinking Metaverse Dating and Tinder Coin despite both being viewed as potential drivers of growth in the long-term. 3 years ago
AdoptionMicroStrategy records $918M impairment loss in Q2, Saylor moves to new Chairman roleDespite the losses, MicroStrategy stock has outperformed Nasdaq, Gold, Silver, and even some of the biggest tech companies after its Bitcoin adoption. 3 years ago
PaymentsRipple’s XRP sales increased almost 40% in Q2 vs Q1The company’s recently released Q2 market report suggests that the spike emanated as a result of increasing demand for its On-Demand Liquidity service. 3 years ago