Debt-ridden Bitcoin (BTC) miner Argo Blockchain mined 147 BTC in December — 25.75% less than the 198 BTC it mined in November. Argo said that the fall in mined BTC was primarily due to the curtailment...
Tag: revenue
Taiwan Semiconductor’s December Revenue Slumps Sequentially As China’s COVID Chaos & Macro Headwinds Weigh
Taiwan Semiconductor Manufacturing Company Ltd’s (NYSE: TSM) December revenue of NT$192.56 billion declined 13.5% month-over-month. The revenue grew by 23.9% Y/Y. Revenue for January through Dec...
Binance annual revenue grew 10x over the past 2 years, while OKX’s grew 4x
Binance‘s and OKX‘s annual revenue grew 10x and 4x over the past two years, respectively, while Huobi’s quarterly revenue fell by -98% since the second quarter of 2021, as reported by CryptoQuant.com....
Binance’s revenue grew 10x over two years: report
Binance is a global crypto giant, with this outlook reflected in the cryptocurrency exchange’s annual revenue. OKX also saw a 4x organic growth in its revenue over the same period, while Huobi recorde...
Core Scientific releases operational update as bitcoin mining revenue falls
Bitcoin mining firm Core Scientific has released its production and operational update for the last two months of 2022. Core Scientific mined 4,417 bitcoins In a press statement published on Jan.9, Te...
Macy’s lowers its revenue guidance for the holiday quarter
Macy’s Inc (NYSE: M) tumbled in extended hours on Friday after the retailer warned of a potential softness in its current quarter results. Macy’s hints at consumer weakness The department store chain ...
Fantom developers to receive up to 15% as revenue from gas monetization
Layer 1 blockchain Fantom has received governance approval to allocate up to 15% of its transaction fees as revenue for developers building on the network. Currently, about 70% of transaction fees gen...
Heavy-Handed Crypto Tax in India Hurting Government Revenue
India’s heavy-handed crypto tax regulations have driven users to international exchanges, according to a non-profit policy think tank report. In its report, Esya discussed the effects of the 30% tax o...
Optimism Edges Other L2s In Gas Efficiency, Despite Loss In TVL, Revenue
Optimism (OP) has opened the year on an optimistic note as it enjoys a bull run. On the flip side, it has suffered sluggishness in terms of total value locked (TVL). Here’s a quick snapshot of Optimis...
Bitcoin mining difficulty down 3.6% while revenue pops 0.9% in December
Bitcoin mining difficulty is down 3.6%, following a winter storm that led a number of miners to power down. The update was posted in the early hours of Tuesday, according to BTC.com. Diffi...
Revenue of Bitcoin Miners Plummets to $9.55 Billion in 2022
3 hours ago | 2 mins read Tradingview The problem worsened when the value of Bitcoin and other cryptocurrencies fell. According to statistics, bitcoin miners earned about $15 billion in 2021. Crypto m...
Bitcoin miner revenue down 37.5% in 2022 YoY
Bitcoin mining revenue was down to $9.55 billion in 2022 from $15.3 billion in 2021 – a 37.5% decline. Since the peak of a massive rally in 2021, cryptocurrencies have lost more than $2 trillion in ma...
For additional revenue streams, NFT developers diversify into real-world assets
Join Our Telegram channel to stay up to date on breaking news coverage Best-selling online collectibles creators have reacted to a decline in the value of cryptocurrencies and digital assets by lookin...
Canaan expects minor revenue drop in 2022 despite crypto mining crisis
Cryptocurrency mining giant Canaan continues to generate significant revenues from crypto operations despite the ongoing crypto mining crisis. Canaan’s total revenue for the first nine months of 2022 ...
Paxful delists Ethereum citing ‘integrity over revenue’
Paxful, a P2P crypto marketplace, reveals kicking Ethereum off its marketplace, citing its increasing centralization and ETH-based scam tokens. The CEO of Paxful, Ray Youssef, said he would delist eth...
Bitcoin miner Northern Data says it has no financial debt, expects $204M in revenue for 2022
According to a Dec. 21 letter to shareholders from CEO Aroosh Thillainathan, German Bitcoin (BTC) mining company Northern Data expects to generate upward of $202 million to $206 million in revenue fro...
Germany-based Bitcoin miner Northern Data forecasts €190M revenue for 2022
Bitcoin miner Northern Data, based out of Germany, anticipates revenue of €190-194 million ($201.4 million to $205.64 million) for the year 2022. Information has been made public by Aroosh Thillainat...
Wintermute sees revenue plunge but CEO remains optimistic: Forbes
Digital asset trading firm Wintermute booked $225 million in revenue during the first nine months of 2022, compared to $1 billion for all of 2021, Forbes reported. In 2021, the firm — led by for...
How A Former VC Built A Consumer Tech Company To $75 Million Revenue With No Investors
Skylight founder and CEO Michael Segal (left) and new president Aviv Gilboa Skylight Back in 2018, Michael Segal was working at Bessemer Ventures and building his side business making digital picture ...
Should MakerDAO’s declining revenue be a cause of concern for MKR holders?
MakerDAO’s total revenue declined over the past month. However, MakerDAO’s TVL continued to grow amidst its partnership with GnosisDAO. According to new data provided by Messari, MakerDAO’s revenue de...
Breaking Down Revenue And Profit Trends For D2C Leader In Pet Supply
| Getty Images Key Takeaways Chewy turned a profit for the first time in the third quarter of 2022. Net sales increased 14.5% year-over-year to $2.53 billion. It plans to roll out a pet insurance opti...
Will Potential Revenue of $10-$15 Billion by 2030 Push Pfizer Stock Price Towards $100 Mark?
Pfizer’s share price reclaimed another bullish hurdle. Technical indicators suggest a positive trend in the valuation. In Tuesday’s letter on December 13, the NYSE: PFIZER stock price (PFE) opened a g...
Record quarter as revenue climbs
Will Marshall, Co-Founder & CEO of Planet Inc., celebrates his company’s listing on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reute...
Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue
The collapse of FTX and the resulting fallout has a number of potential implications for Robinhood, the report said. These include the potential liquidation of 56.3 million shares owned by FTX founder...
Ethereum holders push back amid the bear market and declining revenue
Ethereum witnessed declining revenue per core developer Despite this, retail investors and validators continued to support Ethereum According to a tweet by Token Terminal on 11 December, the amount of...
Coinbase shares hit all-time low amid projected revenue drop
Shares of Coinbase, a US-based crypto platform trading on Nasdaq under ticker COIN, reached an all-time low of $40.2 amid Brian Armstrong’s projection of a revenue drop. Last week, CEO Brian Armstrong...
Li Auto Q3 2022 Outing Sees Revenue Rise 20%, Costs Widen Further
Although Li Auto realized a substantial revenue increase for Q3 2022, the company’s operating costs also rose. Li Auto Inc (NASDAQ: LI) recently posted its Q3 2022 earnings report, which revealed a w...
Coinbase Expects 50% Drop In Revenue, Crypto Daily TV 9/12/2022
In Todays Headline TV CryptoDaily News: Coinbase CEO confirms 50% decline expectations in revenue. Coinbase Global CEO Brian Armstong said the company’s revenue would be half or less what it was last ...
Costco Misses Earnings and Revenue Expectations
Costco Wholesale got a sluggish start to its new fiscal year, missing earnings and revenue expectations and sending the stock lower in after-hours trading on Thursday. Investors had been wary headed i...
AVGO Stock: Broadcom Earnings Top Estimates, Revenue Outlook Above Views
Semiconductor maker Broadcom (AVGO) on Thursday reported earnings and revenue that topped Wall Street’s targets for its fiscal fourth quarter, despite slowing smartphone sales. Management’...
Coinbase Revenue Will Be ‘Half or Less’ of Last Year’s: CEO Brian Armstrong
Coinbase will bring in half as much revenue this year amid the crypto winter, the company’s CEO Brian Armstrong has said. Speaking on Bloomberg TV on Tuesday, Armstrong said that last year the firm ra...