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Abu Dhabi’s crypto mining firm Phoenix Group posts 236% revenue surge amid global expansion
Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group saw its mining revenue surge 236% in 2024, reaching $107 million as it expanded operations and navigated industry… дальше »
2025-2-12 14:17 | |
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Bitcoin miner Northern Data forecasts revenue to triple in 2024
Crypto mining giant Northern Data is forecasting its revenue to triple in 2024 as the company doubles down on high-performance computing (HPC) solutions. Northern Data Group, a German-listed Bitcoin mining company, estimates its sales to soar this year up to… дальше »
2024-7-12 17:16 | |
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Bitcoin mining - Here's why this group is still holding as BTC falls below $70K
The Bitcoin miner reserve has increased to its highest level since April. BTC has fallen below $70K once again. Recently, Bitcoin [BTC] mining difficulty has decreased, but miners' revenue hThe post Bitcoin mining - Here's why this group is still holding as BTC falls below $70K appeared first on AMBCrypto. дальше »
2024-5-22 09:00 | |
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Bitcoin miner TeraWulf raises $17M in Q3, but here's the catch
Riot Blockchain reported revenue of $46.3 million for Q3 2022 Australian crypto mining group Iris Energy has received a default notice from Bitmain Technologies Bitcoin mining company TeraWThe post Bitcoin miner TeraWulf raises $17M in Q3, but here's the catch appeared first on AMBCrypto. дальше »
2022-11-15 13:30 | |
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The NAGA Group AG delivers EUR 55,3 million Group revenue beating FY 2021 guidance
NAGA Group AG provider of the social network for trading, cryptocurrencies and payments NAGA.com, has exceeded its revenue guidance for 2021 according to unaudited preliminary... дальше »
2022-1-20 14:43 | |
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CME Q3 Revenue Doubles Driven by Bitcoin Futures, The Regulated Exchange Is Increasing Contract Limits for ETF
Regulated platform CME Group reported its third-quarter profit more than doubling thanks to the approval of the exchange-traded funds (ETF) tied to CME Bitcoin futures seeing immense traction and trading in the futures exchange operators’ energy and interest rate products surging. дальше »
2021-10-28 16:07 | |
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Democratic Party Politicians Turning to NFTs to Raise Funds
In the midst of debating and campaigning, a group of democratic fundraisers is turning to non-fungible tokens (NFT) for an alternative stream of revenue. The post Democratic Party Politicians Turning to NFTs to Raise Funds appeared first on BeInCrypto. дальше »
2021-10-11 13:19 | |
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Bitcoin Reaches $3B Annualized Revenue Run Rate: ETC Group Report
According to a recent study done by ETC Group, data shows that cryptocurrency miners enjoyed a very strong spring. The post Bitcoin Reaches $3B Annualized Revenue Run Rate: ETC Group Report appeared first on BeInCrypto. дальше »
2021-8-13 09:16 | |
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US senators eye the crypto market for potential $28 billion in tax revenue
US President Joe Biden and the bipartisan group announced the details of a historic $550 billion federal investment in the country’s infrastructure as the Senate intends to tighten crypto taxes in order to raise $28 billion that would contribute to the funding, Bloomberg reported. дальше »
2021-7-30 20:00 | |
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Coincheck Reports 5x Surge in Revenue, Japan Assembly Members Call to Make Tokyo a Special ‘Tax-Free’ Crypto Zone
During the period of Oct. and March, Monex Group acquired a crypto exchange that was hacked in Jan. 2018 gained 210,000 users. Meanwhile, ruling party members want to transform the city into a crypto “trading center. дальше »
2021-5-12 17:50 | |
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FinTech, Investview, Reports a Record Month Adding $1 Million in Bitcoin & Crypto To Its Holdings
Fintech company Investview Inc. reported the highest monthly gross revenue in the month of February in the company's history. A public company, Investview, is listed on the OTC Markets Group. The company had $5. дальше »
2021-3-16 18:35 | |
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Ripple Partner, SBI Group, Looks to Form Crypto Joint Venture to Boost Revenue
Tokyo-based financial giant SBI Holdings has opened up talks with various international financial institutions to form a crypto joint venture. The firm revealed that it aims to make the crypto business one of its main pillars. дальше »
2021-2-16 00:14 | |
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U.S. Congress appeals for a fair tax on crypto staking rewards
A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for a fairer tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen. дальше »
2020-8-6 23:01 | |
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U.S. Congress appeals for zero tax on crypto staking rewards
A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for zero tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen. дальше »
2020-8-6 23:01 | |
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Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights
Close to a year ago last July, the U. S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. дальше »
2020-7-15 19:30 | |
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CME’s Board Nominee Wants to Earn More Revenue With Crypto; “Bitcoin Mining Is A Win-Win”
CME set to introduce Bitcoin mining? Dante Federighi, one of the nominees in the upcoming CME Group board of directors Class B-2 shareholder election, plans to introduce Bitcoin mining activities in the firm. дальше »
2020-3-27 17:20 | |
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Crypto Group Asks IRS to Make Small Payments Tax-Free
The Wall Street Blockchain Alliance is the latest to ask the U. S. Internal Revenue Service (IRS) to consider a ‘de minimis’ exemption for crypto tax payments below a specific value. IRS Should Reduce Crypto Tax Burden According to Law360, the Wall Street Blockchain Alliance has written a letter to the IRS calling for tax exemptions for crypto transactions below a certain threshold. дальше »
2020-2-6 19:00 | |
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Huobi Burns 14 Million Huobi Tokens Amid Revenue Gains
“There are two big trends reflecting the size of this quarter’s buyback. The first is a rapidly strengthening market for digital assets and the other is the increasing popularity of our entire product line," said Huobi Group CEO, Leon Li. дальше »
2019-7-16 00:00 | |
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Crypto Exchanges Need To Specialize To Stay Competitive, Says Coinfloor Head
It’s been a great year for crypto exchanges, with Coinbase making over a billion in annual revenue. But those good times may soon come to an end, according to the head of a London-based exchange group, who says the largest trading platforms will have to specialize or risk being outperformed by competitors. дальше »
2019-7-11 18:09 | |
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RippleNet Holds “Great Revenue Potential”, “Undoubtedly” Help Customer Service: Deputy Group CEO Of National Bank Of Kuwait
Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK) recently delivered a speech at the Arab-British Economic Summit in London emphasizing on the importance of embracing FinTech as an opportunity to thrive and not just survive. дальше »
2019-7-7 19:30 | |
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Bitcoin Group SE earnings down 20% in 2018; revenue exceeds forecast
CryptoNinjas Bitcoin Group SE, a holding company and operator of Bitcoin. de, a licensed Bitcoin exchange in Germany and Europe’s largest Bitcoin marketplace with more than 800,000 customers, recently published its figures for the 2018 fiscal year. дальше »
2019-6-3 10:10 | |
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LocalBitcoins Denies Service to Iranian Users
The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only. дальше »
2019-5-25 20:14 | |
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Of Course, The IRS is Updating Its Bitcoin Tax Guidelines as Price is Rising
With Bitcoin spiking more than 120 percent since the start of 2019, the U. S. Internal Revenue Service (IRS) says it is readying an updated set of guidelines to cover cryptocurrency taxation. IRS Preparing Additional Crypto Tax Guidelines In a letter to a bipartisan group of U. дальше »
2019-5-21 18:00 | |
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Japan’s GMO Internet Records Drop Of 45% In Q1 2019 Regarding Crypto Mining Profits
Japan’s GMO Internet Sees Crypto Profits Decrease By 45% In Q1 2019 GMO Internet Group, a Japanese internet company, has recently its crypto-related profits drop by 45% during the first quarter of 2019. дальше »
2019-5-10 22:46 | |
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Hearsts’ Marscha Krouwel: Female-led companies get less funding but make more revenue
We’re coming to you live from day one of TNW 2019, our flagship conference in Amsterdam. Up next is Marsha Krouwel, Hearst Magazines’ publishing group director and Lead Scout and Advisory Board Member. дальше »
2019-5-9 16:34 | |
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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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In Plain English: SEC Publishes Guidance on Tokens as Securities
The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security. дальше »
2019-4-4 22:02 | |
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Hypnoxys Decentralized Messaging Application Successfully Reaches Hard-Cap with Incentivised Dapp
Bitcoin Press Release: The Hypnoxys team proudly reveals a successfully funded crypto-incentivised messaging application and protocol. February 25, 2019, Denmark– Hypnoxys (HYPX) is a project with the dream of decentralizing the ‘chatting industry’ and as such, has developed a multi-functional messenger app and protocol that delivers all the staples of instant messaging such as group chats, audio, and video calls etc. дальше »
2019-3-7 22:01 | |
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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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Report Claims That “Sextortionists” Absconded With Over $300,000 in Crypto in 2018
Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018. дальше »
2019-3-1 18:10 | |
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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »
2019-3-1 20:16 | |
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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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GMO Internet Group Records In-House Revenue Losses But Big Boost in Bitcoin Mining Rewards
Last year ended with major problems in the crypto mining industry, as Bitcoin mining started to become less fruitful. GMO Internet Group, a major force in the IT industry in Japan, recently published a monthly report on the mining operations that happen in-house. дальше »
2019-1-9 23:07 | |
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Despite Reporting Revenue Losses, GMO Internet's Crypto Mining Rewards Soar
Japan’s GMO Internet Group has confirmed it took a steep hit in overall mining revenue, but nonetheless saw a steady increase in monthly Bitcoin mining rewards
дальше »2019-1-8 17:18 | |
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Kodak-licensed ICO allegedly owes developers over $100K in unpaid invoices
It seems there is yet another massive internal strife brewing up in the blockchain space. KodakOne – a cryptocurrency project that promised to bring photographers a new stream of revenue – purportedly owes thousands of dollars in outstanding invoices to contractors the firm recruited to build the platform. дальше »
2018-11-20 20:54 | |
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Blockchain Platform Utopia Music Acquires ISPY Group to Open Untapped Revenue
Utopia Music, a blockchain-powered music data tracking platform, has acquired ISPY Group to open up avenues of untapped revenue in the music industry. It’s estimated that there is around $30-60 billion worth of untapped revenue in the music industry. дальше »
2018-10-11 19:25 | |
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Crypto Trading To Increase 50% In 2019: Report
Crypto trading volume will increase 50% next year and grow at 9% compound annual growth rate (CAGR) through 2028, according to ICO advisory firm Satis Group. As a result, exchanges will continue to increase revenue — growing from $2. дальше »
2018-9-26 17:30 | |
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U.S. Congressman Drafts Blockchain Development Bills
The newly elected co-chair of the Congressional Blockchain Caucus, U. S. Representative Tom Emmer, has introduced a trio of blockchain-focused bills in support of the development and use of blockchain technology and digital assets. дальше »
2018-9-22 18:10 | |
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Republican Representatives Urge IRS To Update Crypto Tax Guidelines
Despite the growing interest in cryptocurrencies, the Internal Revenue Service has failed to update their tax guidelines regarding digital assets. On September 19th, five U. S. legislators sent a letter to the IRS that “strongly urged” the group to update their cryptocurrency tax guidelines. дальше »
2018-9-21 04:40 | |
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Dating app Bumble launches fund to invest in women-led startups
The popular dating and networking app Bumble revealed yesterday that it will be launching an investment fund for female-founded startups. Today, we’re launching Bumble Fund – focusing on early-stage investments, primarily in businesses founded and led by women of color and those from underrepresented groups. дальше »
2018-8-16 12:14 | |
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