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Kenya Expects to Earn $46 Million as New Tax Targeting Crypto Exchanges Comes Into Force
The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45. 5 million) during the first half of 2020 from a new tax that targets cryptocurrency exchanges and other online services, according to a top KRA official. дальше »
2021-1-7 07:30 | |
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Voyager Digital Preliminary Q4 Revenue Up by 75%; AUM Passes $200 Million
Voyager Digital, a Canada-listed crypto-asset broker, estimates that its Q4 revenue shot up by 75% compared to Q3; this is according to a business and operational update released by the firm on January 5th. дальше »
2021-1-7 20:35 | |
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Bitcoin Miners Earn Over $1 Million per Hour — Revenue Increases 185% Since the 2020 Halving
Bitcoin miners have been yielding a very profitable year in monthly revenues, as the latest onchain data shows significant figures at its highest levels since 2019. Hourly Bitcoin Mining Revenues Hits 2019 Highs According to Glassnode, BTC miners are currently earning $1 million per hour, meaning an increase of 185% since the halving happened in […] The post Bitcoin Miners Earn Over $1 Million per Hour — Revenue Increases 185% Since the 2020 Halving appeared first on Bitcoin News. дальше »
2020-12-31 20:45 | |
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Localbitcoins 2019 Revenue Rises 10% to $29.6 Million Amid Increased Paxful Competition
Peer-to-peer (P2P) crypto exchange Localbitcoins has reported that 2019 revenue rose 10% to $29. 6 million from $27 million a year ago. For the year, operating income fell 6% to $19. 9 million from $21. дальше »
2020-7-3 19:05 | |
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Here’s Why the PayPal News May Signal a Global Bitcoin “Hash War” is Looming
The crypto sphere was lit ablaze by news that PayPal and Venmo are both looking to roll out direct crypto trading capabilities to their users This comes as their competitor, CashApp, sees massive revenue inflows from its Bitcoin sales This is certainly a sign of growing retail adoption, and will place Bitcoin in front of the platform’s 325 million users scattered across the globe One prominent Bitcoin advocate is now noting that this marks the […] дальше »
2020-6-24 02:00 | |
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IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt
The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1. 1 million tax debt. Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over a six-year period. дальше »
2020-6-18 00:05 | |
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Brave passes 15 million monthly active users
The Brave Browser is focused on increasing browsing speed and privacy for users, while growing ad revenue share for content creators. дальше »
2020-6-6 12:00 | |
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LCG Energy raises $60M in an ongoing ICO and is surging to success
LCG Energy is a utility provider and contractor that has been on the market for more than 11 years. With its revenue of €40 million in 2019 and forecasts to increase that number to €200 million this year, the company is on the verge of becoming an international leader in the sector. The first step […] дальше »
2020-5-22 00:34 | |
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Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8. 59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. дальше »
2020-5-13 03:15 | |
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Bitcoin halving in the midst of pandemic to favor Chinese miners
Bitcoin miners generated a total of $387 million in revenue for March 2020. Cumulatively, miners have earnt over $12.5 billion in revenue between 2018 and 2020. Hence mining has become an increasinglyThe post Bitcoin halving in the midst of pandemic to favor Chinese miners appeared first on AMBCrypto. дальше »
2020-5-11 16:30 | |
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Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U. дальше »
2020-5-10 03:01 | |
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Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. дальше »
2020-5-8 06:04 | |
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Square’s Cash App & Grayscale Combined Consume Over 50% of Bitcoin’s Daily Supply
This is a whopping 367% increase over the same quarter last year at $66 million. Revenue from bitcoin now accounts for 57% of Cash App’s total reported revenue, up from 47% in 2019. Bitcoin revenue generated a gross profit of $7 million, benefitting from “an increase in transacting active bitcoin customers and growth in customer […] дальше »
2020-5-7 17:57 | |
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Bitcoin Brought in More Revenue for Cash App than Fiat in Q1 2020
Bitcoin brought in more revenue for Square’s Cash App than fiat, the company has revealed via its first-quarter earnings results released Wednesday. In a shareholder letter detailing the company’s financials in the first quarter of 2020, Cash App’s revenues totaled $528 million. дальше »
2020-5-7 17:07 | |
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Square Sees Remarkable Boost In Q1 2020 Bitcoin Revenue
During the first quarter of 2020, Square’s Cash App received $528 million in profits. This is seen from the ‘Q1 2020 Letter to Shareholders’. Twitter CEO and founder of Square, Jack Dorsey says revenue includes both Bitcoin and the fiat payments fees. дальше »
2020-5-7 16:52 | |
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Peloton (PTON) Shares Up 15% in Pre-market, Sales Surge 66%, More People Buy Bikes Now
Coinspeaker Peloton (PTON) Shares Up 15% in Pre-market, Sales Surge 66%, More People Buy Bikes NowPeloton has seen a 66% surge in sales and generated $524. 6 million in total revenue for the fiscal third quarter that ended on March 31. дальше »
2020-5-7 12:02 | |
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London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8. 62 million ($10. 78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model. дальше »
2020-4-30 01:00 | |
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MoneyGram’s Revenue Is Booming, Thanks To Ripple and XRP
Moneygram, – The second-largest money transfer company in the world (after Western Union) – reported an $11. 3 million profit, obtained after its alliance with Ripple, implementing Ripple’s ODL solution, through its Annual Report to the U. дальше »
2020-3-23 10:02 | |
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MoneyGram Has Made ‘Millions’ Selling Ripple’s XRP
In its recently filed annual report to the U. S. Securities and Exchange Commission MoneyGram reports $11. 3 million in revenue as a result of its Ripple partnership. Ripple Labs pays the remissions company as an incentive to use RippleNet in its operations. дальше »
2020-3-23 19:30 | |
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Bitcoin Purchases on Dorsey’s Square Cash App, Records Its 7th Straight Quarter of Growth
According to the financial report of the quarter four of Twitter founder and bitcoin proponent Jack Dorsey’s Square, customers bought $178 million of Bitcoin. In total, the peer-to-peer payments and stock trading Cash App generated $361 million in revenue, half of which came from bitcoin trading. дальше »
2020-2-29 22:24 | |
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Square Sold $517 Million Worth of Bitcoin Via Its Cash App in 2019
Details from Square’s recent shareholder letter show that the company sold $517 million worth of Bitcoin in 2019 with sales of the top cryptocurrency accounting for about half of its revenue in Q4 of last year. дальше »
2020-2-28 22:00 | |
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Ripple Partner Reports Loss In Q4 2019
In a just-released earnings report, Ripple partner, MoneyGram, showed a USD $11. 9 million loss for the fourth quarter of last year. This is the fifth consecutive quarter without a profit. Nevertheless, the company’s partnership with Ripple is set to open new sources of revenue. дальше »
2020-2-26 02:00 | |
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BlockFi Raises $30M Series B Led by Valar Ventures
New Jersey-based crypto-focused financial services company BlockFi announced today that it has raised $30 million in Series B funding led by Valar Ventures. BlockFi Saw 20x Revenue Growth in 2019...The post BlockFi Raises $30M Series B Led by Valar Ventures appeared first on Crypto Briefing. дальше »
2020-2-13 16:58 | |
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A licensed utility provider to launch the first token supporting renewable energy projects: meet LCG Energy
LCG Energy is the first utility provider aiming to push the adoption of renewable energy projects through blockchain technology and green investments. After hitting a record revenue of €40 million in 2019 and forecasting an increase to €200 million due to several strategic partnerships, the company is on its way of acquiring renewable energy projects […] The post A licensed utility provider to launch the first token supporting renewable energy projects: meet LCG Energy appeared first on NullTX. дальше »
2020-2-13 23:15 | |
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Snapchat (SNAP) Stock Drops 11% as Revenue Fails to Meet Analysts’ Expectations
Coinspeaker Snapchat (SNAP) Stock Drops 11% as Revenue Fails to Meet Analysts’ ExpectationsSnap's revenue did not meet analysts' expectations of $563 million which had a negative impact on SNAP stock price. дальше »
2020-2-5 13:38 | |
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Binance lags behind Huobi and OKEx in terms of estimated trading fee revenue
Leading cryptocurrency exchange, Binance's estimated trading fee revenue in December 2019 was $18.7 million. The estimated trading fee revenue was calculated using CryptoRank.io reported volumes for DThe post Binance lags behind Huobi and OKEx in terms of estimated trading fee revenue appeared first on AMBCrypto. дальше »
2020-1-27 11:00 | |
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Apple Stock Keeps Growing amid Record App Store Sales
Coinspeaker Apple Stock Keeps Growing amid Record App Store SalesThe record holiday-week sales represent a 16% increase from the year-ago period. App Store revenue totaled $386 million on New Year's Day alone, Apple said. дальше »
2020-1-10 20:06 | |
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Crypto payment app Cryptopay generates revenue of €2.9 million in 2019
Cryptopay, a cryptocurrency payment platform, has announced that the company generated a total of €2,891,945 in revenue for the 2019 year. According to the record, November’s 2019 revenue was the third-highest since Cryptopay’s first report was published. дальше »
2020-1-3 15:19 | |
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Korean Government Brings the Hammer Down on Bithumb, Taxing The Crypto Exchange $68 Million
The Internal Revenue Service has imposed an obligation on cryptocurrency exchange Bithumb to “withhold withholding” on income from cryptocurrency transactions by foreign users, reported local sources. дальше »
2019-12-30 16:15 | |
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Square Inc’s strong Bitcoin revenue numbers highlight its growing stature as a crypto-payments service
Organizations associated with the world’s largest cryptocurrency, despite the coin’s lacklustre performance over the past few weeks, have crunched out impressive numbers in Q2 of 2019. дальше »
2019-8-3 20:30 | |
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Square’s Cash App Doubles Its Bitcoin-Generated Revenues
Square, Inc. , a U. S. financial services and mobile payment company, reported its 2019 second-quarter earnings, beating the market’s expectations. The company’s total net revenue for the second quarter grew 44% from one year ago. дальше »
2019-8-3 19:00 | |
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Square Q2 Earnings: Bitcoin Gamble Paying Off, Specific Revenue Jumps
Payments firm Square announced a $125 million in revenue from Bitcoin through its mobile payments service, CashApp. Square entered the crypto space, much to the dismay of traditional players, and have established themselves as a strong brand capable of understanding consumer needs. дальше »
2019-8-2 11:00 | |
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YouTube is the world’s top-grossing video app with $138M in user spending
Google must be happy. YouTube is the world’s top-grossing app in the photo and video software category for a second quarter in a row. To clinch the top spot, YouTube generated $138 million in user spending, according to data from app market monitor SensorTower. дальше »
2019-8-1 13:51 | |
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Ripple Q2 Market Report: XRP Sales Decline, Partnerships Bolster Market Width
Ripple Inc’s Q2 2019 market insights report shows mixed results from a fundamental growth perspective. The company has relied on the sale of XRP tokens for a major chunk of its revenue, and this number has sunk to a mere $251 million this quarter. дальше »
2019-7-26 19:00 | |
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Hackers breached Bulgaria’s tax agency and leaked the data of 5M people
Bulgaria has suffered what has been described as the biggest data leak in its history. The stolen data, which hackers emailed to local media on July 15, originates from the country’s tax reporting service – the National Revenue Agency (NRA). дальше »
2019-7-16 15:40 | |
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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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BiKi.com Compares Favorably Against Top Exchanges Binance, OKEx and Huobi
15th July, Singapore, Singapore – The numbers are in and fast-growing exchange BiKi. com is proving it is no flash in the pan. According to official reports, BiKi. com’s revenue figures in the second quarter exceeded USD 15 million, which is a 500% increase when compared to figures from the first quarter. дальше »
2019-7-15 10:21 | |
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The GDPR Joke, British Airways Violates Privacy, Fined 1.5% Of Their Revenue And Why Blockchain is Essential
Funny enough, British Airways the British carrier was fined 1. 5 percent of their total revenue-roughly $230 million highlighting the need of blockchain. The post The GDPR Joke, British Airways Violates Privacy, Fined 1. дальше »
2019-7-9 15:46 | |
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WAX Blockchain Decentralizing Billion Dollar In-Game Asset Industry
Last year Hacker Noon reported, “In 2017, sales of virtual goods raked in more than $80 billion of total gaming industry revenue of $103 billion. ” And some of these virtual goods have sold for a pretty penny. дальше »
2019-6-28 17:13 | |
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Tesla Suffers Blow After Analyst Warns Demand ‘Likely Not Sustainable’
By CCN Markets: Goldman Sachs analyst David Tamberrino delivered some ugly thoughts about Tesla’s stock, and it relates the sustainability of demand. There is a lot of that going around. Tesla’s annual revenue: 2019: $25. дальше »
2019-6-22 21:45 | |
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Report: QuadrigaCX CEO used fake trades to misappropriate users’ cryptocurrency
The Canadian cryptocurrency exchange QuadrigaCX appears to have been playing with fire long before it collapsed – and took $134 million with it – earlier this year. According to the latest report from administrators, EY, QuadrigaCX had been operating a fraudulent cryptocurrency exchange. дальше »
2019-6-20 11:32 | |
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