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Binance Refutes Reuters’ Claims of Commingling: “Story is so weak”
Binance, the world’s largest cryptocurrency exchange by trading volume, is staunchly denying allegations made by Reuters that it commingled customer funds with its own revenue in 2020 and 2021. Patrick... дальше »
2023-5-24 23:02 | |
Reports suggest Binance mixed customer and company funds
Binance, the world's largest cryptocurrency exchange company, finds itself in the spotlight following accusations that it has been mixing customer funds with company revenue, allegedly violating U.S. financial rules. дальше »
2023-5-24 17:13 | |
Binance regularly commingled customer funds with corporate revenue in 2020 and 2021: Reuters
Binance commingled user funds with corporate funds in 2020 and 2021, Reuters reported on May 23, citing three anonymous insiders. One of the sources claimed that billions of dollars were commingled in Binance’s accounts with Silvergate Bank, with the commingling occurring on an almost daily basis. дальше »
2023-5-23 17:04 | |
Bitcoin miner revenue derived from fees drops to 7%
The cryptocurrency world has seen a new "flippening" as Bitcoin miner fees exploded due to the demand for Inscriptions and BRC-20 tokens. This unusual event even surpassed block rewards for miners. дальше »
2023-5-23 20:59 | |
JPMorgan Hikes 2023 Key Revenue Target to $84B Following Its First Republic Acquisition
Coinspeaker JPMorgan Hikes 2023 Key Revenue Target to $84B Following Its First Republic Acquisition Banking powerhouse JPMorgan recently increased its 2023 revenue target by $3 billion on improved operational prospects. дальше »
2023-5-22 18:50 | |
Bitcoin Mining Revenue Surges after Increased Interest in Memecoins and NFTs on Blockchain
Coinspeaker Bitcoin Mining Revenue Surges after Increased Interest in Memecoins and NFTs on Blockchain Ordinals have triggered a frenzy in memecoins and NFTs on the Bitcoin network, with mining revenue riding high. дальше »
2023-5-22 12:02 | |
LDO staking on the cards? What Lido's new proposal entails
LDO staking was introduced in a proposal on the Lido governance. Revenue declined despite activity on the network. Lido's [LDO] dominance over the DeFi market hasn’t slowed down the protocThe post LDO staking on the cards? What Lido's new proposal entails appeared first on AMBCrypto. дальше »
2023-5-22 22:30 | |
Foot Locker Posts Q1 2023 Results, Sees Stock Sink 25% on Sales Drop
Coinspeaker Foot Locker Posts Q1 2023 Results, Sees Stock Sink 25% on Sales Drop Sportswear and footwear retail company Foot Locker took a beating in its Q1 2023 report after sustaining an 11% drawdown in revenue. дальше »
2023-5-20 18:02 | |
Pakistan Announces Ban on Cryptocurrency Services and Firm Stance Against Legalizing Crypto Trading
Aisha Ghaus Pasha, the minister of state for finance and revenue, declared that Pakistan would outlaw cryptocurrency services operating in the country and reaffirmed that the government has no plans to legalize cryptocurrency trading during a meeting of the Senate Standing Committee on Finance and Revenue on May 16. дальше »
2023-5-19 23:06 | |
Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular
Pakistan's government has hardened its stance against cryptocurrencies, with Minister of State for Finance and Revenue Aisha Ghaus Pasha saying they will “never be legalized in Pakistan.” дальше »
2023-5-19 20:25 | |
Lido Community Members Propose LDO Token Staking and Buyback Plan
The proposal includes a revenue-sharing parameter that would redirect 20-50% of “future Lido DAO revenue from the protocol treasury to stakers of $LDO.” дальше »
2023-5-19 11:26 | |
Tencent Q1 2023 Earnings Statement Rides High on Increased Payment Volumes, Ad Sales, Gaming
Coinspeaker Tencent Q1 2023 Earnings Statement Rides High on Increased Payment Volumes, Ad Sales, Gaming Chinese tech giant Tencent saw its Q1 2023 revenue jump 11% YoY to $21. 4 billion amid relaxed industrial regulations. дальше »
2023-5-17 15:28 | |
Coinbase (COIN) Stays Solid Despite Reporting Multimillion-Dollar Losses
On May 5th, Coinbase shares increased by 18. 33%, despite the company’s latest revenue report for the first quarter of 2023, which showed multimillion-dollar losses despite the rise in Bitcoin prices. дальше »
2023-5-17 14:45 | |
Can Bitcoin's latest milestone help improve the state of the BTC network
Bitcoin hits new transaction volume milestone. However, miner revenue has been on a downfall. The excitement that we saw in Bitcoin from January to part of March has no doubt died down. дальше »
2023-5-17 09:30 | |
Polkadot had an eventful week, but where does that leave DOT investors?
Polkadot’s revenue registered a decline over the last few days after witnessing a rise DOT’s funding rate recently turned red, and its social volume also declined slightly Polkadot [DOThe post Polkadot had an eventful week, but where does that leave DOT investors? appeared first on AMBCrypto. дальше »
2023-5-17 04:30 | |
Shiba Inu [SHIB] and PancakeSwap’s [CAKE] burn rate skyrockets; this is the outcome
SHIB’s burn rate went up by over 26,000% in the last 24 hours, while CAKE burned tokens worth $16 million. CAKE increased burn rate resulted in an increase in trading fees, but its revenue reThe post Shiba Inu [SHIB] and PancakeSwap’s [CAKE] burn rate skyrockets; this is the outcome appeared first on AMBCrypto. дальше »
2023-5-17 23:30 | |
Zeebu enters a strategic partnership with four telecom carriers
Key takeaways Zeebu has partnered with four telecom companies; BBT Voice Limited, Broadband Telecom Inc. , BridgeVoice Inc. and Novatel. The telecom carriers generate more than $1. 2 billion in annual revenue. дальше »
2023-5-16 15:00 | |
Assessing Bitcoin's [BTC] losses as it fails to recover from the fake news-induced FUD
The divergence between daily miner revenue and 365-day SMA has broadened since the start of 2023. The data on U. S. government's BTC holdings didn't show any decline since the beginning of May. дальше »
2023-5-13 22:30 | |
SMIC Sustains 20.6% YoY Revenue Fall in Q1 2023 to Record First Income Deficit in Three Years
Coinspeaker SMIC Sustains 20. 6% YoY Revenue Fall in Q1 2023 to Record First Income Deficit in Three Years Chinese chip powerhouse SMIC saw Q1 revenue fall to $1. 46 billion as it continues to withstand chip shortages and US trade sanctions. дальше »
2023-5-12 18:02 | |
Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long
The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners. дальше »
2023-5-12 18:40 | |
IRS Asserts First Dibs On FTX Bankruptcy Payout To Recover $44 Billion In Taxes
The US Internal Revenue Service (IRS) has filed tax claims in the FTX bankruptcy as the defunct exchange’s creditors seek fund reimbursement. This recent report shows the IRS filed dues of $44 billion in taxes associated with FTX and its subsidiaries. дальше »
2023-5-11 18:40 | |
Research says consumer goods firms see huge potential in metaverse
European telecommunications and consumer goods firms are increasingly joining the metaverse bandwagon, with expectations that it will account for a substantial portion of their revenue by 2030, a study shows. дальше »
2023-5-11 17:19 | |
Robinhood Reports Q1 2023 Figures, Sees Revenue Surge 47% with Higher Net Loss of 30%
Coinspeaker Robinhood Reports Q1 2023 Figures, Sees Revenue Surge 47% with Higher Net Loss of 30% Robinhood CEO Vlad Tenev said the trading app will continue to "deliver strong financial performance" following Q1 2023 report. дальше »
2023-5-11 13:33 | |
Robinhood Revenue Beats Estimates But Crypto Trading Revenue Slides 30%
Popular trading platform Robinhood has released its quarterly revenue report with better-than-estimated figures. The post Robinhood Revenue Beats Estimates But Crypto Trading Revenue Slides 30% appeared first on BeInCrypto. дальше »
2023-5-11 11:45 | |
Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1
Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a tumultuous 2022 … this year is off to a strong start as we grew our hash rate, reduced our cost to mine, and improved our balance sheet during the first […] The post Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1 appeared first on CryptoSlate. дальше »
2023-5-11 02:28 | |
Tron [TRX] Q1 report: DeFi expands, transactions reach 7 million, and more
Tron saw growth in some of its key ecosystem metrics in Q1 2023. The network's revenue also experienced a jump. A new report from Messari revealed that leading blockchain Tron [TRX], home toThe post Tron [TRX] Q1 report: DeFi expands, transactions reach 7 million, and more appeared first on AMBCrypto. дальше »
2023-5-11 01:30 | |
Robinhood saw $38M in crypto transaction revenue in Q1 2023
Stock and crypto trading platform Robinhood published its Q1 2023 results on May 10. The company said that its cryptocurrency transaction revenues fell 1% sequentially to $38 million, even as overall transaction revenue increased by 11%. дальше »
2023-5-11 01:11 | |
Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside
The divergence between daily miner revenue and 365-day SMA has broadened since the start of 2023. There were instances of transaction fees exceeding the block rewards given to miners. While The post Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside appeared first on AMBCrypto. дальше »
2023-5-10 22:30 | |
Coinbase stock: H.C. Wainwright updates COIN price target, reiterates Buy rating
Coinbase shares traded above $60 on Wednesday, up more than 24% in the past five days and over 80% higher in year-to-date returns. Incidentally, the price of COIN has remained positively poised after the company’s revenue beat as announced in its first quarter 2023 results. дальше »
2023-5-12 21:29 | |
Can Bitcoin [BTC] capitalize on Ordinals’ latest achievement
The increase in Ordinals fees caused a surge in miners' revenue. However, metrics for BTC were bearish, suggesting a further price decline. Bitcoin [BTC] Ordinals is creating new milestoThe post Can Bitcoin [BTC] capitalize on Ordinals’ latest achievement appeared first on AMBCrypto. дальше »
2023-5-10 03:30 | |
Bitcoin backlog surges, BTC touches $28k, miners thrive: Unraveling all the chaos
The percentage of Bitcoin miner revenue derived from fees soared to 42% in the last 24 hours. Because of the backlog surge, the number of unconfirmed transactions on Bitcoin hit a whopping 402,The post Bitcoin backlog surges, BTC touches $28k, miners thrive: Unraveling all the chaos appeared first on AMBCrypto. дальше »
2023-5-10 01:30 | |
DISH Q1 2023 Results Sees Company Miss Estimates on Earnings & Revenue
Coinspeaker DISH Q1 2023 Results Sees Company Miss Estimates on Earnings & Revenue Satellite TV provider DISH fell short of EPS and revenue expectations for Q1 2023 amid its sustained stock devaluation troubles. дальше »
2023-5-8 16:01 | |
Analyzing Bitcoin mining companies' behavior to assess sell pressure
Bitcoin mining companies slow down on BTC sell-off while miners' revenue continues to increase. Retail investors stay optimistic. Bitcoin miners have long been subjected to the cryptocurreThe post Analyzing Bitcoin mining companies' behavior to assess sell pressure appeared first on AMBCrypto. дальше »
2023-5-8 21:30 | |
Polygon [MATIC] steps up its game in terms of partnerships, but investors have reasons to worry
Polygon’s fees, revenue, and daily active addresses declined over the past few days. On-chain metrics were bearish, suggesting a further downtrend. Polygon [MATIC] has been registering a dThe post Polygon [MATIC] steps up its game in terms of partnerships, but investors have reasons to worry appeared first on AMBCrypto. дальше »
2023-5-6 02:30 | |
Coinbase Q1 Report: Net Revenue Skyrockets 22% Quarter-Over-Quarter
Coinbase, one of the leading cryptocurrency exchanges, has reported impressive results for the first quarter of 2023. The company’s efforts toward building a more efficient and financially disciplined business have started to pay off. дальше »
2023-5-6 20:40 | |
Adidas Q1 2023 Sales Revenue Down 1% after Terminating Rapper Ye’s Contract
Coinspeaker Adidas Q1 2023 Sales Revenue Down 1% after Terminating Rapper Ye’s Contract Adidas has failed to give an explicit plan of what it is going to do with unsold Yeezy stock. Adidas Q1 2023 Sales Revenue Down 1% after Terminating Rapper Ye’s Contract дальше »
2023-5-5 16:01 | |