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During Q4 2022, TSMC reported 52% in its operating margin, gross margin was 62.2%, and net profit margin was 47.3%.Taiwan Semiconductor Manufacturing Company (TSMC) has posted another quarterly record and a 78% surge in net profit during 2022 Q4. The company saw exponential growth in its net profit due to
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After the paranoia and turmoil in the crypto industry caused by the FTX liquidity and bankruptcy scandal, major digital-asset service providers began publicizing their reserve funds. The latest to join the proof of reserve trend is the Indian cryptocurrency exchange WazirX. It announced its act of transparency on Jan. 11, stating
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Crypto exchange OKX has released its second proof of reserves (PoR) on its website, only a month after releasing its first one.Haider Rafique, chief marketing officer at OKX, said on Twitter that the crypto exchange is committed to sharing its reserves status every month. NEW #OKX #proofofreserves published TODAY. This
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OKX said the report will be published on the 22nd day of each month and besides the latest version of the report, users will also be able to download past reports at their convenience.Digital currency trading platform OKX has released its second Proof-of-Reserve (PoR) report as it seeks to deepen
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Top crypto assets hold steady as stocks get pre-holiday bounce. Crypto Markets Today is CryptoX’s daily newsletter diving into what happened in today's crypto markets. Source
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In Q3 2022, the company’s gross margin rose from 34% to 50%, while its EOP increased by 16% to 864 customers.Popular satellite imagery and data company Planet (NYSE: PL) announced its financial report for Q3 2022, outshining the previous year’s performance. The company gained a 57% year-on-year increase with record
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The cryptocurrency exchange Bybit joins the parade of exchanges in the industry pushing for transparency post the FTX catastrophe.On Dec. 12, it announced that it has launched a Merkle Tree-based proof-of-reserve system. The new transparency initiative allows its users to directly verify Bybit’s holdings, along with their personal assets deposited into
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Crypto.com has released an audited proof-of-reserves page, showing that the exchange has enough crypto assets to back its liabilities to customers, according to a Dec. 9 statement on the exchange’s website. The new page shows that Crypto.com has 102% of the Bitcoin (BTC), 101% of the Ether (ETH), and 102%
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“We wanted to really step in and help provide an open, community-oriented product while still providing a kind of clarity and trust to consumers,” said Shah. “If we believe in the future of Web3, we really need to make it really simple for [users] to get the word out there,
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