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Square’s Skyrocketing Bitcoin Sales Prove Retail Investors Are All In
By CCN: Square might have had a mixed first quarter performance, but the Cash App, which is where investors buy and sell bitcoin, was a bright spot. Bitcoin revenue nearly doubled to $65. 5 million from $34 million in the year-ago period. дальше »
2019-5-3 21:01 | |
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Square’s Q1 2019 Puts Up Impressive Revenue for Bitcoin of Nearly $66 Million, Profits Not as Lucrative
Square is a payment platform that was developed by the same creator of Twitter, Jack Dorsey, and the man has a specific interest in cryptocurrency. The payment platform sells Bitcoin on the Square Cash app, and the recent sales in the first quarter has remained high. дальше »
2019-5-2 17:12 | |
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Payment Platform Square’s Q1 2019 Bitcoin Revenue High, Crypto Profits Low
In Q1 2019, Square registered a new revenue high from BTC sales, while overall profits from crypto were less than $1 million
дальше »2019-5-2 02:19 | |
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Huobi Cloud Aims for 80 More Exchange Partners in Bid for Revenue Growth
The Huobi Cloud network of crypto exchanges wants to facilitate $55 million in daily volume by 2020. дальше »
2019-4-30 20:01 | |
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Australian cryptocurrency scams earned $4.3 million last year, up 190%
Australian fraudsters earned $4. 3 million (AU$6. 1 million) with cryptocurrency scams last year—a revenue increase of 190 percent when compared to 2017. The Australian Competition and Consumer Commission (ACCC)’s new report details the extent of the nation’s problem with cryptocurrency fraud. дальше »
2019-4-29 13:01 | |
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Elon Musk is 100% Right. 3 Reasons Tesla Must Go Private…Or it’s Doomed
Wednesday’s earnings report was a bust for Tesla. The company reported a huge loss of $702 million and missed revenue expectations. In the conference call that followed, forlorn Tesla boss Elon Musk mused about taking Tesla private again: “I would prefer we were private, but unfortunately I think the ship, that ship, has sailed. дальше »
2019-4-26 17:43 | |
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Coinbase Closing Markets Office in Chicago
According to a report from Fortune on April 23, 2019, the U. S. -based cryptocurrency exchange Coinbase will shut down its Chicago office. Coinbase will scale back plans for a high-frequency trade matching engine in development there, software that automatically matches trade bids to complete trades at a higher rate. дальше »
2019-4-25 16:57 | |
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Why Japan’s biggest e-commerce giant entering crypto is a really big deal
Rakuten, the biggest e-commerce company in Japan with over 102 million users and the 14th largest internet company in the world by annual revenue, has officially entered the crypto exchange market. дальше »
2019-4-19 00:30 | |
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Struggling Ethereum Giant ConsenSys Seeks $200 Million Raise at Billion-Dollar Valuation
By CCN. com: Ethereum development studio ConsenSys is struggling financially and is now trying to raise $200 million from outside investors to stay afloat. The fundraising drive comes just four months after the Brooklyn-based blockchain startup laid off 13% of its workforce. дальше »
2019-4-16 15:35 | |
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ConsenSys Looking to Raise $200 Million
Ethereum’s powerhouse ConsenSys is looking to raise $200 million on $21 million of revenue for 2018 at a valuation of $1 billion. ConsenSys is expecting $50 million in revenue for... The post ConsenSys Looking to Raise $200 Million appeared first on Trustnodes. дальше »
2019-4-16 14:05 | |
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Uber’s IPO Filing Discloses $1.8B Loss, Raising Worries
Coinspeaker Uber’s IPO Filing Discloses $1. 8B Loss, Raising WorriesUber out-paced its rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That all could be seen from Uber’s S-1, the company has filed its IPO paperwork with the Securities and Exchange Commission on Thursday. дальше »
2019-4-13 13:16 | |
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Twitter Billionaire Jack Dorsey’s Eye-Popping $1.40 Salary Puts Him in Trump Country
Billionaire Jack Dorsey might want to renegotiate his compensation package. Dorsey brought home a measly $1. 40 salary last year as Twitter’s CEO while the company generated revenue of $909 million in Q4 2018 alone. дальше »
2019-4-11 09:07 | |
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South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam
South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. дальше »
2019-4-8 12:29 | |
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Record-Breaking Wrestlemania 35 Puts WWE on Pace for a Billion Dollar Year
Wrestlemania 35 was another huge hit for the WWE franchise last night, putting the company on track to make a billion dollars in revenue this year. With 82,265 fans in attendance, last night’s event pulled in $16. дальше »
2019-4-8 12:14 | |
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Auditor Exposes ‘Weakness’ in Nasdaq-Listed Crypto Stock
Being a crypto company isn’t as easy as it looks. Just ask Riot Blockchain, a Nasdaq-listed company that was previously known as Bioptix. Riot is the subject of an audit in which “material weakness” was discovered in their financial reporting, according to a U. дальше »
2019-4-6 18:45 | |
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Cryptocurrency mining firm posts massive $58M loss
Bitcoin and other cryptocurrencies might have had a good week so far, but it’s not quite enough to make up for this Nasdaq-listed cryptocurrency mining firm‘s 2018 losses. In its 2018 financial report, released yesterday, cryptocurrency mining firm Riot Blockchain posted a $58 million loss. дальше »
2019-4-3 17:25 | |
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10 simple tricks to boosting MRR, the key to a SaaS business
Everybody knows the concept of Software-as-a-Service (SaaS) business model by now. But what not many might realize is that SaaS business lives or dies by its Monthly Recurring Revenue. MRR is becoming the lifeblood of companies following this unique business model, one that’s only growing in popularity as of late. дальше »
2019-3-31 22:30 | |
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Biggest Online Retailer In Switzerland with a Revenue of Almost $1 Billion, Now Accepting Payments in BTC, ETH, XRP, TRX, BCH, LTC, BNB
The largest online retailer in Switzerland Digitec announced it is going to start accepting digital assets for payment on its platform. The company stated that they will be receiving payment for all their 2. дальше »
2019-3-19 17:48 | |
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Breaking: Lyft Valued at $19.5 Billion, Set to Beat Uber to Stock Market IPO
Ride-hailing company and Uber competitor Lyft will go public with 30. 8 million shares at between $62 to $68 a pop. The announcement would value Lyft at $19. 46 billion at the upper end of the spectrum. дальше »
2019-3-18 14:10 | |
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Mammoth Facebook Outage Sends 3 Million Users Piling into Telegram
Telegram CEO Pavel Durov announced that 3 million new users signed up to his encrypted messaging service in just 24 hours. The sudden, massive influx is likely due to the service outages affecting Facebook and WhatsApp on Wednesday. дальше »
2019-3-14 21:01 | |
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The Netherlands premieres the first GDPR fining policy in the EU
The Dutch Data Protection Authority just released its GDPR fining policy, being the first country to do so. GDPR allows for a maximum fine of 4 percent of global revenue or €20 million, whichever is higher, but little has been said about how to determine the exact fine amount and what the scale is. дальше »
2019-3-14 18:35 | |
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Facebook’s Catastrophic Blackout Could Cost $90 Million in Lost Revenue
Facebook suffered its worst-ever outage on Wednesday 13th March. The downtime, which also hit related products Instagram, Messenger and WhatsApp, lasted for at least 14 hours. The blackout hit millions of users across the globe and caused Facebook stock to tumble 2 percent in after-hours trading. дальше »
2019-3-14 16:24 | |
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Valued At $1 Billion, Canaan Creative Is Encroaching on Bitmain’s Dominance
ASIC chip manufacturer Canaan Creative is closing the gap between itself and industry leader Bitmain after a massive infusion of capital. In its latest funding round, the Chinese mining company has raised several hundred millions of dollars, Chinese publication Securities Times reports. дальше »
2019-3-14 00:05 | |
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France’s Millionaire Tax Failed – So Will AOC’s Green New Deal
It seems like New York and Alexandria Ocasio-Cortez could learn a thing or two from Europe. The “millionaire tax” that both the state and its most controversial representative are proposing was first attempted in France back in 2012. дальше »
2019-3-12 00:49 | |
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France Targets Amazon, Google, Facebook for an Annual $500 Million Tax Boost
France is targeting large technology firms such as Google, Amazon, Facebook, Apple, and others in a move that could fetch the French nation about $500 million. French Finance Minister Bruno Le Maire said on Sunday in an interview with Le Parisien newspaper. дальше »
2019-3-6 09:39 | |
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Bitcoin mining profits rise for first time in over a year
Despite news in recent months that cryptocurrency mining establishments have been shutting down, or ending contracts, profits earned from Bitcoin mining have begun to rise, blockchain research group Diar reports. дальше »
2019-3-5 17:51 | |
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Square’s Surging Bitcoin Business Will Restore Confidence in Crypto
Square, the $31 billion payments giant, processed over $166 million in Bitcoin purchases throughout 2018. Square Bitcoin Revenue Eclipses $50 Million in Q4 According to the firm’s Q4 shareholder letter, Square processed the sale of $52. дальше »
2019-3-1 19:58 | |
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Square Reports Biggest Bitcoin Revenue To Date At $52M
Square, the payment network from Twitter CEO Jack Dorsey, turned more Bitcoin revenue in Q4 2018 than at any time since it began support for the cryptocurrency. Q4 Beats Bitcoin Record Data from the company’s Q4 earnings report this week confirmed its Bitcoin sales topped $52 million, beating Q3’s $43 million and far outstripping the $37 million from Q2. дальше »
2019-2-28 11:00 | |
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Let’s celebrate International Women’s Day together
Being a woman in the male-driven tech industry can be frustrating – so much so that, if you are a woman in tech, I don’t even have to explain what I mean. Yet in the face of adversity, we’ve proven time and time again that we have what it takes to succeed. дальше »
2019-2-27 19:52 | |
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Cryptocurrency Miners Exceeded $100 Million In Revenue Mining Empty Bitcoin Blocks
Miners among the most popular Proof-of-Work (PoW) networks have earned around $21 billion since each network started, Bitcoin (BTC) accounting for more than half of the earnings. Each block is currently allowing more transactions to be processed thanks to implementations such as Segregated Witness (SegWit). дальше »
2019-2-26 18:55 | |
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Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019
Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year. дальше »
2019-2-26 22:09 | |
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Trump’s US Govt Shutdown Grounds Southwest Airlines as Q1 Revenues Fall $60 Million
Shares of Southwest Airlines fell sharply on Wednesday after the low-cost carrier disclosed that the government shutdown which lasted for 35 days had a larger impact than previously thought. In a U. дальше »
2019-2-22 15:03 | |
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EA Shares Plummet as Gaming’s Most-Hated Company, Will Apex Battle Royale be its ‘Fortnite’?
After a difficult 2018 characterised by sluggish sales and further loss of ground to multiplayer juggernaut ‘Fortnite‘, EA has taken another huge hit after newly released earnings figures of $262 million for Q3 2018 showed that the company missed its $1. дальше »
2019-2-7 12:13 | |
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7 Things Apple Could Buy with its Staggering $245 Billion Cash Stockpile
When Apple delivered its quarterly earnings report this week, all eyes were on how severely lagging iPhone sales would eat into the tech giant’s revenue. However, Apple also disclosed that it has a staggering $245 billion in cash on hand, up almost $8 billion from the previous quarter. дальше »
2019-2-3 23:19 | |
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Nvidia Made Billions From Ethereum Crypto Mining Says Analyst
An analyst at RBC Capital Markets claims Nvidia made “$1. 95 billion in total revenue related to crypto/blockchain,” significantly more than Nvidia’s reported $602 million. Mitch Stevens of RBC says from April. дальше »
2019-2-2 16:31 | |
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Here’s How Much Nvidia Actually Made from Crypto Mining Sales
According to a report by Markets Insider, Nvidia generated $1. 95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher. дальше »
2019-2-2 04:13 | |
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Crypto Users Ponder if Ongoing Govt. Shutdown Will Prolong the Current Bitcoin Bear Market?
The US government shutdown has been going for about a month now. The shutdown that started on December 22, according to Bloomberg estimates could result in overall federal contractors losing as much as $200 million a day in delayed revenue or just lost. дальше »
2019-1-21 00:53 | |
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