Coinbase saw 66% decline in transaction revenue in 2022 but remained “resilient”

Ad Coinbase published its end-of-year shareholder letter today, Feb. 21, in which it described its financial standing for the previous quarter and for the entirety of 2022. Coinbase publishes revenue,...

Alibaba May Report Slowest-Ever Quarterly Revenue Growth

Key Takeaways Chinese e-commerce giant Alibaba will likely report a slight decrease in adjusted earnings per share to 16.55 yuan from 16.87 yuan for the quarter ending in December. Revenue is expected...

Coinbase fourth-quarter revenue beats estimates despite falling 57% year-on-year

Coinbase’s fourth-quarter revenue beat estimates, with the exchange reporting revenue of $604.9 million compared to the $589 million FactSet estimate. Although ahead of expectations, full ...

Crypto Scam Revenue Dropped 46% in 2022 – Featured Bitcoin News

Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to wo...

Crypto Scam Revenue Plunged by 46% in 2022: Report

Last year was less profitable for crypto scammers as their revenue plunged nearly 50% in 2022, according to a new study by blockchain analytics firm Chainalysis. The blockchain company noted that the ...

DraftKings Shares Soar on Revenue Jump, Raised Outlook

Key Takeaways DraftKings reported financial results for the fourth quarter of 2022 on Feb. 17, 2023. Shares jumped higher after the sports betting company reported a significant increase in sales and ...

Coinbase Revenue Could Plunge More Than 75% Amid Crypto Slump

Coinbase Global, Inc. (COIN), the second-largest cryptocurrency exchange by trading volume, likely logged a fourth consecutive quarter of losses as transaction revenue plummeted and crypto prices stag...

Google’s $168 Billion in Ad Revenue at Risk in Supreme Court Case

(Bloomberg) — The US Supreme Court is poised to hear a case that could spell danger for the internet’s most lucrative business: online advertising. Most Read from Bloomberg The case, Gonzalez v....

Report: Crypto scam revenue fell 46% in 2022, this leads the list

A report by Chainalysis revealed that revenue from crypto scams went down by 46% in 2022. Investment scams generated the most revenue last year, at $3.4 billion.  A 16 February report by Chainalysis f...

DraftKings stock soars after Q4 revenue beat, narrower-than-expected loss

DraftKings (DKNG) stock soared Friday morning after the sportsbook operator outlined a narrower-than-anticipated loss in 2023 and a path to profitability by 2024 during its fourth-quarter earnings cal...

Stock pops after Q4 revenue beat, narrower-than-expected loss

DraftKings (DKNG) stock popped late Thursday after the sportsbook operator posted a revenue beat and narrower-than-expected loss for its fourth quarter. The company reported an adjusted EBITDA loss of...

Shopify Stock Rally Snuffed Out On Weak 2023 Revenue Outlook

E-commerce firm Shopify (SHOP) on Wednesday reported earnings and revenue for the fourth quarter that topped analyst estimates. But Shopify stock fell as the company’s 2023 revenue outlook fell ...

TRON Daily Revenue Doubled To $1.32 Million, Will This Surge Its Price?

Data charts released by the decentralized finance (DeFi) total value locked (TVL) aggregator DeFiLlama show that the TRON network platform has increased revenues. The data shared by Chinese Reporter W...

Casinos Raked In Record-Shattering $60 Billion In Revenue Last Year

Topline Commercial gaming revenue in the U.S. topped $60 billion last year for the first time ever, according to a new report from the American Gaming Association, driven by a modest rise in slot and ...

Dalrada’s Strong Revenue Generation Includes 23% Growth to $5.3 Million During the Second Quarter of Fiscal 2023

SAN DIEGO–(BUSINESS WIRE)–Dalrada Corporation (OTCQB: DFCO, “Dalrada,” the “Company”), a problem-solving innovator that takes on complex, multi-disciplinary global challenges in clean energy, precisio...

Missing A Debt Payment, Diamond Sports Is On The Verge Of Bankruptcy; Upending Local Sports Revenue Model

With Regional Sports Network Bally’s Sports expected to file for Chapter 11, Major League Baseball … [+] Commissioner Rob Manfred says MLB, if needed, could take over distributing live in-...

Planet Hollywood Reports $8 Million Revenue Before Closure At Disneyland Paris

Planet Hollywood in the Disney Village at Disneyland Paris (Photo by Pascal Le Segretain/Getty … [+] Images) Getty Images Themed restaurant operator Planet Hollywood has revealed that its outlet...

Tron Revenue, Transactions Surge in Q4 2022: Messari

Smart contract blockchain Tron saw its usage surge in the last quarter of 2022, according to a new report from market intelligence firm Messari. The State of Tron report, commissioned by Tron, showed ...

Peabody Energy stock surges after reporting big profit and revenue beats and says it is prepping a shareholder return program

Shares of Peabody Energy Corp. BTU, +9.34% surged 4.0% in premarket trading Tuesday, after the coal miner reported fourth-quarter profit and revenue that rose well above expectations, recorded record ...

Ault Alliance Announces Record Preliminary 2022 Revenue of $134 Million, up 156% from 2021

Preliminary revenue for the fourth quarter of 2022 of $34.4 million, an increase of 340% from the prior fourth fiscal quarter LAS VEGAS–(BUSINESS WIRE)–$AP #4th_Quarter_Preliminary_Revenue_Forecast—Au...

Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes

Kazakhstan, one of the world’s biggest Bitcoin (BTC) mining hubs, announced plans to introduce new crypto regulations to reduce tax fraud and unlawful business operations. A new law signed by Kazakh P...

Disney Reveals $3.6 Billion Of Hotel Revenue In Paris

Mickey Mouse at Disneyland Paris (Photo credit: THOMAS SAMSON/AFP via Getty Images) AFP via Getty Images Disney has revealed that over the decade to 2021 its theme park complex in Paris booked $3.6 bi...

Tron Network Generated $48 Million in Revenue in Q4 2022

Blockchain News Tron also saw an increase in daily active addresses and daily transactions. The number of daily active addresses increased from 2.6M in Q3 to 3.1M in Q4. Financial data analytic firm M...

Coinbase Diversified Revenue With Staking — Now Comes The SEC

As crypto comes to terms with the SEC’s latest regulation by enforcement — suing and settling with Kraken over its staking services — its direct rival Coinbase seems destined to be adversely affected....

Robinhood Crypto Trading Revenue Takes A Big Dip

Join Our Telegram channel to stay up to date on breaking news coverage Crypto trading platform Robinhood has recorded a big dip in its revenues in the last quarter of 2022. The crypto firm recorded a ...

PancakeSwap: Jump in active user count leads to a surge in revenue

The count of active users on PancakeSwap in the last month totaled 1.37 million. CAKE’s buying pressure is on a decline, hence a price correction might be due.  With 1.37 million users in the last 30 ...

Miners in Kazakhstan Need To Sell 75% of Revenue Via Official Exchanges

9 seconds ago | 2 mins read Bitcoin News Starting on April 1, 2023, the new legislation will be fully implemented. Miners need to sell at least 75% of their earnings to official crypto trading platfor...

Tron Generated $48 Million in Revenue in Q4, 2022: Research

According to figures provided by Messari, the decentralized digital platform – Tron – made a revenue of $47.9 million in the last quarter of 2022, a 25% increase compared to Q3.  The entity also recor...

Robinhood Crypto Revenue Drops By 25% Over Last Quarter

Robinhood recently announced its FY2022 Q4 results, laying out the profits and losses of its popular retail investor-friendly trading platform. The numbers, although overall positive, were a mixed bag...

Cloudflare Stock: Cloudflare Earnings Top Views Amid Strong 2023 Revenue Outlook For NET Stock

Cloudflare (NET) on Thursday reported fourth-quarter earnings and revenue that edged by Wall Street targets. The company’s outlook came in above expectations, and Cloudflare stock popped. X For ...

Intel Institutes Pay Cuts For Executives And Managers In Response To Steep Drop In Revenue

Getty Images Key takeaways Intel’s fourth-quarter revenue was down 32% year over year In response to the lower revenue, the company is cutting pay for executives and managers After the report was rele...

CleanSpark kicks off bitcoin miner earnings with revenue expected to rise 13%: Preview

CleanSpark is expected to post a nearly 13% bump in revenue from the previous quarter when it kicks off the earnings season for bitcoin miners after the U.S. close today.  The company is expecte...