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OnlyFans’ parent company bought $20M of Ethereum as revenue surged

The parent company of subscription platform OnlyFans has become the latest firm to reveal its cryptocurrency holdings, showing it invested nearly $20 million into Ether (ETH) in 2022.According to an Aug. 24 financial filing to the UK corporate registry, Fenix International reported that it had purchased some $19.9 million worth

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Prime Trust’s parent company reports $8m loss due to TerraUSD investments

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Prime Core Technologies, the parent entity of crypto custodian Prime Trust, reports an $8 million shortfall from TerraUSD investments. The loss was disclosed in an Aug. 24 filing with the Bankruptcy Court for the District of Delaware in the

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Coinbase launches its own blockchain in first for a publicly listed company

Coinbase Global announced the public launch of its Ethereum layer-2 blockchain Base on Wednesday. In doing so, the San Francisco-based cryptocurrency exchange became the first publicly listed company to launch its own blockchain network.See related article: Coinbase launches bridge for layer-2 blockchain Base, sets mainet launch dateFast factsCoinbase claims that

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Coinbase earnings show the company is now much more than just an exchange

Coinbase, a leading U.S. cryptocurrency exchange, shared its second-quarter results on Aug. 3. Despite showing a net loss, some positives emerged, like a 13% cut in operating expenses from the last quarter and a 3% boost in its cash reserves to $5.5 billion. Coinbase key financial metrics, in millions of dollars.

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Crypto AI Tokens SingularityNET (AGIX) and Fetch.ai (FET) Rally After Musk Unveils New Company

Artificial intelligence (AI) related crypto tokens posted gains after Tesla and SpaceX CEO Elon Musk on Wednesday unveiled a new AI company called xAI as an alternative to popular chatbot ChatGPT. SingularityNET (AGIX) rose 11% over the past 24-hours, while Fetch.ai (FET) climbed about 7% over the same time period.

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