The application of decentralized technology is at the center of a new initiative announced by the Web3 Foundation today. It’s kicking off a pilot program soon that will see blockchain-based Web3 techn...
Tag: revenue
C3.ai Stock Tumbles. It Sees Lower Revenue and Is Changing Business Models.
Text size Software provider C3.ai is shifting to a consumption-based business model like Amazon Web Services. Dreamstime Artificial intelligence software company C3.ai slashed its revenue outlook and ...
Web3 Foundation Creates Fresh Revenue Possibilities for News Media
Through its partnership with the World Association of News Publishers (WAN-IFRA), Web3 Foundation seeks to help generate fresh revenue streams for the publishing industry. Web3 Foundation, the organiz...
Sportradar Sees Strong U.S. Revenue Growth, Eyes Profitability By 2024
FILE – Basketball legend Michael Jordan speaks during a press conference ahead of an NBA basketball … [+] game between the Charlotte Hornets and Milwaukee Bucks in Paris, Jan. 24, 2020. Th...
FTX CEO Denies Huobi Acquisition Rumors Despite Huge Revenue Spike
One of the biggest crypto exchanges, FTX, has confirmed that it’s not looking to buy Huobi, despite what people (and publications) might say. Sam Bankman-Fried, the founder and CEO of FTX, took to Twi...
Synthetix (SNX) Price Doesn’t Follow Revenue Boom, Here’s Why
Vladislav Sopov Analysts from Messari solved puzzle of dramatic imbalance between Synthetix (SNX) activity metric and price of its token Contents SNX price lagging behind Synthetix (SNX) trading activ...
Crypto Mining Has Not Impacted Much To Nvidia’s 2nd Quarter Revenue
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...
Investment bank Cowen Lowers its Revenue for BTC Miner Marathon Digital Holdings
Following weak second-quarter results, investment bank Cowen reduced its revenue, adjusted EBITDA, and mining margin projections for Marathon Digital Holdings (MARA), a bitcoin (BTC) miner. In additio...
Nvidia Has ‘Limited Visibility’ on Crypto Mining Impact in Q2 Revenue Drop
Nvidia said it has “limited visibility” into how much the firm’s crypto mining hardware impacted its overall GPU demand in the second quarter this year, as revenue over the past three months ending Ju...
Coinbase eyes long-term growth of subscription revenue, NFTs still a focus
American cryptocurrency exchange Coinbase aims to grow revenue from subscriptions in the long term to combat potential profit margin compression. The firm’s founder and CEO Brian Armstrong delved into...
Austral Gold’s revenue drops over 15% despite a substantial increase in production
On August 25, Austral Gold Limited (ASX: AGD), a gold and silver explorer and mining producer released its half-year report for the six months that ended June 30, 2022. Production during the six mont...
Is the Merge the reason for the decline in Nvidia revenue? 1
Nvidia CFO Collette Kress has faulted the sharp drop in the demand for the graphics card as a reason for the sharp fall in the company’s revenue in Q2. The executive also mentioned that the company ha...
Salesforce Falls as Revenue Forecast Misses Analysts’ Estimates
(Bloomberg) — Salesforce Inc. gave a forecast for quarterly revenue that fell short of analysts’ estimates, suggesting that a choppy economy may be causing some customers to slow spending on bus...
CRM Stock Falls As Revenue Outlook Slashed Amid $10 Billion Buyback
Salesforce (CRM) on Wednesday reported July-quarter earnings that fell from a year earlier but topped Wall Street targets. The company lowered its fiscal 2023 revenue outlook while announcing its firs...
NFT Interest Spikes as Companies Believe It’s a Phenomenal Revenue Stream – crypto.news
NFTs have generated millions of dollars for companies like Nike, Dolce & Gabbana, Tiffany, Gucci, and Adidas. Non-fungible tokens (NFTs) are a fascinating new source of revenue for companies. Firm...
JD.com Beats Expectations in Q2 2022 but Reports Lowest Annual Revenue Growth on Record
For Q3 2022, JD.com is predicting a decline in the revenue. But it is too early now to say how it will go, as the company’s performance will partially depend on the economic situation in China. China’...
CEO Hints At Revenue Plans
Coinbase chief executive officer Brian Armstrong said crypto related services would eventually be commoditized. He spoke about his company’s plans of making revenue from subscription models. Armstrong...
Nike Hits $185M in NFT Revenue, Tops Dolce & Gabbana
Popular sports brand Nike Inc. has generated $185.3 million in revenue from non-fungible token (NFT) collections. The milestone brings the company to a leading position among other traditional brands ...
Nike Leads among Web2 Brands for Highest Revenue Reaped from NFTs
Fashion brand Nike has topped the list of Non-Fungible Token (NFT) exposed traditional companies that have recorded the highest revenue from digital collectable transactions thus far. According to dat...
Big brands start seeing revenue from their NFT sales
The NFT craze of 2021 swept across almost every industry and made non-fungible tokens a household name across the globe, making NFTs, which were once reserved only for a small niche of crypto enthusia...
Tech Layoffs Hit California Revenue With 12% July Shortfall
(Bloomberg) — California collected 12% less in revenue than it expected in July, indicating that state coffers are taking a hit from a slowing economy and a cooldown in the once-booming technolo...
FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Crypto Exchange FTX Witnessed Massive 1,000% Surge in Revenue Last Year, According to Leaked Documents: Report
Crypto exchange FTX reportedly saw massive growth during the crypto bull run of 2021 when markets hit all-time highs. Citing information from leaked financial documents, CNBC reports that the firm gen...
Nike NFT revenue surpasses $185 million despite crypto winter
Despite non-fungible tokens(NFT) Q2 trading volume dropping by 40% as interest in NFTs starts to wane, global sports brand Nike (NYSE: NKE) has found itself profiting from the digital tokens amid a cr...
Bitcoin miners’ revenue drops to a 12-month low as crypto industry struggles
As a direct impact of the crumbling Bitcoin (BTC) prices, revenue earned by miners has also taken a big hit as the general crypto market attempts to exit the bear market. Notably, Bitcoin mining profi...
Internal Documents Shows FTX 2021 Revenue Grew Over 1,000%
The record shows that FTX had about $2.5 billion in cash at the end of 2021 and 27% profit margins. Crypto exchange FTX sits as one of the companies that benefited the most from the 2021 crypto buzz, ...
Crypto Exchange FTX Revenue Reportedly Balloons 1,000% To Over $1 Billion In 2021
Crypto exchange FTX has disclosed that its revenue skyrocketed to more than 1000% last year courtesy of the bull market that saw Bitcoin soaring to a record peak of $69,000, and pushing the company’s ...
FTX Revenue Exploded 1,000% to Beyond $1B Last Year: Report
Revenues at Sam Bankman-Fried’s crypto exchange reportedly exploded last year, reaching 10 figures FTX has sought to further solidify its position by acquiring struggling crypto companies Crypto excha...
GameStop NFT daily fee revenue plunges under $4K as gloom infects markets
Daily revenue for GameStop’s NFT marketplace has plummeted to under $4,000, suggesting that interest in the platform has waned significantly since launching in mid-July. According to data from DappRad...
Nvidia’s Revenue Forecast Falls Short. The Stock Drops.
Text size Nvidia stock had declined more than 40% this year as of Tuesday’s close. Justin Sullivan/Getty Images Nvidia provided a revenue forecast for the October quarter that was below expectat...