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Dunamu, the owner of Upbit, one of South Korea’s biggest crypto exchanges by trading volume, saw a drop of 81.6% in net profit in the third quarter of 2023 compared to the same period last year. The company reported a net profit of 159.9 billion Korean won (KRW), worth around $123 million, in
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Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2, revealing a profitable quarter and surpassing analyst expectations.The firm had $5.62 billion in revenue in the third quarter of 2023, boosted by solid revenue growth in Cash App and Square, with $44 million in profit
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In light of HSBC’s robust results, the banking giant’s board approved a third interim dividend of 10 cents per share. HSBC Holdings Plc (LSE: HSBA.L), Europe’s largest bank by assets, has reported remarkable financial results for the third quarter of 2023, with its profit after tax surging to $6.26 billion. Beyond Profits:
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Chinese blockchain personality Justin Sun, who also serves as the de facto owner of crypto exchange HTX (formerly Huobi Global), claims that the firm posted a profit of $98 million in Q3 2023.According to the October 26 thread, Sun says that HTX generated a total of $202 million in revenues
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UniCredit has marginally increased its revenue projections for the year 2023 while anticipating a minimum net profit of 7.25 billion euros this year. On Tuesday, October 24, Italy’s UniCredit announced its Q3 2023 results with larger-than-expected profits. The boost in profits comes amid high rates that boosted the company’s income.
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Delta AirLines see strong demand for international travel during the fourth quarter of 2023. However, rising fuel costs can eat into the company’s profits. In their latest update, Delta Air Lines (NYSE: DAL) reported that their profits jumped by a staggering 60% during the third quarter (Q3 2023) as the
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VanEck has declared its support for the development of Ethereum by pledging to donate some of its upcoming Ethereum exchange-traded fund (ETF) profits. Global asset management company VanEck has promised to give the Ethereum Protocol Guild 10% of its Ethereum Futures ETF profits for the next ten years. The firm, which manages
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Global asset manager VanEck will donate 10% of all profits from its upcoming Ether futures exchange-traded fund (ETF) to Ethereum core developers for ten years, the company announced on X (formerly Twitter) on Sept. 29. The beneficiary will be The Protocol Guild, a group of over 150 developers maintaining Ethereum’s core
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Currently, Inditex has outlets in about 213 countries globally and only a low market share in many of them. Consequently, the company notes it has strong growth potential in many countries where it has an office. Fast fashion company Inditex has posted a net profit of $2.7 billion for the six
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Growing operational costs, lack of trust, and legal scrutiny mark massive losses for crypto market makers. The once lucrative crypto market making sector is navigating choppy waters, with soaring operational costs and a $2 trillion market slump.
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