A DeFi lending platform that once brought in $80 million in revenue has quietly dismantled its consumer-facing app, cutting off retail users …
Revenue
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Key Takeaways Bitcoin mining revenue rose to $875.35M in July, rebounding $38.93M from June. Hashrate Index shows hashprice climbed to $31.59 per …
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Mining
Zero mining revenue, 98% cash collapse, 2 million mysterious shares sets up miner’s 7 billion share survival play
by shayaanby shayaanSOS Limited shareholders approved steps that could expand the crypto-linked company’s authorized share pool 100-fold, giving it far more room to raise …
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The company reported $1.22 billion in overall revenue, down from $1.5 billion in the year prior. www.coindesk.com
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DeFi
The economics behind Aave proposal to ditch 6 chains that earn loose change in revenue
by shayaanby shayaanAave, the largest decentralized lending protocol, is considering a proposal to abandon six of the blockchains it had expanded onto, in a …
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The crypto industry is entering a consolidation phase that goes deeper than anything seen in previous bear markets, according to ARK Invest …
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Mining
Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges
by shayaanby shayaanThis article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) …
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The brokerage reported $100 million revenue from crypto trading, a 38% decline in a year, offset by stronger options, equities and prediction …
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Web3
Global Mofy Reports 49.4% YoY Revenue Increase for the Six Months Ended March 31, 2026, Driven by Virtual Tech Growth and New AI Digital Asset Business
by shayaanby shayaanReve ue achieved $39.9 millio , up 49.4% f om $26.7 millio . R&D i vestme ts totaled $14.4 millio , up …
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Adjusted EBITDA Grows at 35% YoY Gross Margin up 29 bps1 to 46%; Adjusted EBITDA Margin up 189 bps to 17% MUMBAI, …