Strategy (MSTR) reported a fourth-quarter net loss of $3.03 per share, compared to income of $0.50 per share a year earlier. The …
reports
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Analysis
US-Based Crypto Exchange Kraken Reports Huge Boosts in Revenue and Trading Volume in 2024
by shayaanby shayaanThe second-largest US-based crypto exchange by trading volume is announcing huge upticks in revenue and trading volume last year. According to a …
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Markets
Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing
by shayaanby shayaanTether, the crypto company behind the largest stablecoin USDT, said on Friday it generated $13 billion group-wide net profits last year in …
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Analysis
Wintermute reports 240% surge in institutional crypto trading via OTC in 2024
by shayaanby shayaanCrypto trading firm and market maker Wintermute registered a 240% yearly growth in traditional finance firms’ activity in its over-the-counter (OTC) trading …
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A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. …
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Web3
MKDWELL Tech Inc. Reports First Half of Fiscal Year 2024 Unaudited Financial Results
by shayaanby shayaanNew York, Dec. 31, 2024 (GLOBE NEWSWIRE) — MKDWELL Tech Inc. (the “Company”, “we”, “our”, or “us”) (Nasdaq: MKDW), a business company …
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Digital Currency Group (DCG) owned mining pool Foundry has laid off 16% of its U.S.-based employees and a “small team in India.” …
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VANCOUVER, British Columbia, Nov. 28, 2024 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (TSXV: BIGG, OTCQX: BBKCF, WKN: …
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In the fourth quarter of 2023, Alchemy saw an unexpected increase in the number of ERC-4337 smart contracts, creating more than 960,000 …
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Mining
Bitdeer reports $50 million loss due to Bitcoin halving, increased R&D costs
by shayaanby shayaanBitdeer Technologies reported a net loss of $50.1 million for the third quarter of 2024, with total revenue declining to $62 million …