Tether is pushing back against a report that alleges those backing its stablecoin project falsified documents to remain connected to the banking world. In a new blog post, Tether refutes a story publi...
Tag: Reports
What Are the Comprehensive Suite of Tools for Tax Reports? – Cryptopolitan
With an increase in the number of cryptocurrencies that you can buy and sell, it is becoming increasingly difficult for full-time crypto traders to calculate their taxes. However, services like ZenLed...
Coinshares reports fourth consecutive week of digital asset investment product outflows
Coinshares reported a fourth consecutive week of digital asset investment product outflows. Outflows totaled $17 million last week ,with bitcoin leading the way. Short-bitcoin saw inflows for a...
Nigeria Fintech Flutterwave Denies Client Account Hacking Reports – Fintech Bitcoin News
The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million from user accounts. The fintech firm said a routine check of its transaction monitorin...
Why Nordstrom Closes Canadian Stores By Next June – Reports Q4 Results
Nordstrom department store, with logo and signage, in the upscale Broadway Plaza shopping center in … [+] downtown Walnut Creek, California, (Photo by Smith Collection/Gado/Getty Images) Getty I...
6 big deal reports: Microsoft-Activision likely to be greenlit by EU
By Davit Kirakosyan Investing.com — Here is your Pro Recap of the biggest deal dispatches from the past week you may have missed on InvestingPro. Start your free 7-day trial to get this news fir...
Revolut Reports 33% Increase in Revenue in 2022 Reaching $1.03B
16 hours ago | 2 mins read Exchange News The company’s sales increased to $1.03 billion in 2022 as per Revolut’s CFO. It is anticipated that the fiscal year 2022 accounting results will be released in...
Kohl’s Reports Unfavorable Year-End 2022 Results
Indianapolis, US – getty Tom Kingsbury, the new CEO of Kohl’s met with analysts to discuss the results of his company. It was clear that he had rolled up his sleeves to change the momentum of th...
Alphabet’s Waymo Self-Driving Unit Cuts Over 130 Employees, Reports Say
Alphabet’s self-driving car unit Waymo is reportedly cutting more than 130 employees in its second round of layoffs this year—making it the latest U.S. company to reduce its headcount, following major...
Company reports beats, stock jumps 13% in after hours trading
Salesforce (CRM) reported its Q4 earnings after market close, beating key revenue estimates and guiding to profitability gains. The company’s shares jumped about 13% in after hours trading. Acti...
Visa Executive Says Payments Giant Not Backing Away From Crypto, Despite Recent Reports
The head of Visa’s crypto department is denying reports that the US payment giant is pausing its digital currency efforts. Cuy Sheffield, Visa’s head of crypto, tells his Twitter followers that the re...
$33 billion fintech giant Revolut reports first-ever annual profit
Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images Financial technology giant Revolut reported its first-ever annual profit in 2021, according to ...
CertiK reports closure of ‘Monkey Drainer’ scam
CertiK Alert, a blockchain security firm, has reported the closure of a notorious phishing scam operation known as the “Monkey Drainer.” According to the report, the Monkey Drainer was run by an indiv...
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
From a consolidated balance sheet perspective, DCG held total assets of $5.3 billion as of Dec. 31, 2022, the report said. This included cash and cash equivalents of just $262 million. Investment asse...
Cardano (ADA) Reports Major Update on Hydra, Here’s Potential Impact on Price
Godfrey Benjamin Cardano’s development team discovered way to enhance Hydra scaling system The Cardano (ADA) protocol has released its latest update for the past week, in which it recorded yet a...
Reports Indicate USDT Is Being Used in Venezuela to Facilitate Settlements and to Avoid Sanctions – Bitcoin News
Some companies in Venezuela are using the stablecoin tether as a way of sidestepping sanctions and settling payments with foreign customers and providers. Local reports indicate that, while the most p...
Top Analyst Speculates Ripple’s XRP Price Might Skyrocket to $17.00 Amid SEC Escrow Burning Reports
An XRP enthusiast going by the name of Nerd Nation on Box recently shared a hypothetical scenario that has some within the XRP community excited. The scenario involves the SEC requiring Ripple to burn...
Hive Blockchain Reports Q3 2022 Net Loss of $90.4 Million
8 seconds ago | 2 mins read Bitcoin News The company’s gross mining margin was hit hard by the decline in crypto prices. After the Ethereum-Merge, Hive began selling its excess energy to the grid. Whi...
Circle reports an increase in USDC stablecoin circulation
On Feb. 23, in response to the BUSD incident, Circle reported a significant increase in the circulation of their stablecoin, USDC. They have issued 2.1 billion and redeemed 1.5 billion coins, resultin...
Lido Finance reports largest ever daily stake inflow with more than 150,000 ETH staked
Lido Finance said Saturday that it saw the largest daily stake inflow ever on the protocol, with over 150,000 ether worth almost $240 million staked. “Upon reaching this number, a curious ...
Ukraine-based blockchain firm reports company ‘stronger’ one year into war
According to CEO Sergey Vasylchuk, staking provider Everstake is continuing to move forward despite the continuing military conflict between Ukraine and Russia. Exactly one year ago today — Feb. 24, 2...
Indonesia Launches National Digital Asset Exchange; Reports Say
Indonesia would launch a National Digital Asset Exchange to rehabilitate the crypto sector. The exchange would scrutinize the private crypto firms. The new national exchange intends to mitigate the lo...
What Does The Fourth Quarter 2022 Reports of Block Inc. Says?
Block, Inc. (NYSE:SQ) is a global technology company headquartered in San Francisco, CA. The company focuses on financial services and operates through products such as Square, Cash App, TIDAL, Spiral...
Domino’s And Papa John’s Earning Reports Disappoint Investors
getty Key Takeaways: Domino’s Pizza and Papa John’s saw share prices fall after releasing earnings reports on Thursday Both companies missed Wall Street analyst sale targets Pizza fans should ex...
FTX Japan reports $50M in withdrawals since Feb. 21
Bankrupt crypto firm FTX’s subsidiary in Japan has reported that thousands of users have moved from the exchange since it resumed withdrawals on Feb. 21. In a Feb. 22 announcement, FTX Japan said user...
Block Reports Q4 2022 Earnings With Less Focus on Bitcoin
Block Inc., Jack Dorsey’s payment business, reported fourth-quarter earnings missing expectations but touching revenue goals. Block’s gross earnings for Q4 2022 increased by 40% year-on-year to $1.6...
Peugeot, Jeep Manufacturer Stellantis Reports Record Full-Year 2022 Earnings, Announces Massive Shareholder Payout
Automotive corporation Stellantis targets global BEV sales of 5 million by 2030 following its commendable full-year results. Stellantis recently posted its full-year 2022 earnings results, which show...
Block reports revenue, profits that top expectations amid bitcoin drag
Payments company Block (SQ) reported fourth quarter results after Thursday’s close that beat Wall Street expectations on the top line but missed on earnings. Consumer spending for the company remained...
Coinbase Reports Revenue Increase in Q4 Despite FTX Collapse
Cryptocurrency exchange Coinbase reported revenue increased slightly from the previous quarter, capping off a year that saw the exchange’s business model stymied by depressed digital asset prices. Com...
UK’s Lloyds Bank reports double-digit gains in global 2022 income
United Kingdom-based banking giant Lloyds Bank recorded double digits growth in global income in the backdrop of economic uncertainty in 2022. Indeed for 2022, the lender reported an income of £1.82 ...