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In its first-quarter earnings report, Coinbase reported lower-than-expected revenues, and a quarterly net loss of $430 million, compared with a profit of $840 million in the fourth quarter of 2021. The company said it expected about $1.7 billion of stock-based compensation expenses, up from $1.5 billion previously, citing “hiring trends
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HubSpot is a popular CRM tool that many companies use to store their users’ details, such as phone numbers, names, email addresses, etc. These companies use the information they collect to facilitate their marketing attempts. They also use them to monitor the success of their marketing campaigns. So, it’s not surprising
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The combination of an expanding customer base and higher average selling price drove the better-than-expected quarter. Source
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The Meter Passport token bridge platform has incurred $4.4 million in losses due to a smart contract hack which also caused Hundred Finance to lose $3.3 million through under-collateralized loans.Meter.io’s Meter Passport (MTRG) is a token bridge that is compatible with Ethereum and its sidechains. This attack affected the Moonriver
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sponsored OVR launched its new Token Burning Program on 1 November to make its own tokens more rare and valuable. The results of this first month of November saw a total of 246 thousand OVR burned. OVR and the Numbers From the Token Burning Program’s First Month OVR’s updated token economics
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There are high ceilings and low floors when it comes to crypto at times. Another hack came to life this week, and early reports have stated that the hack was a front-end compromise that led to users being tricked into approving unwanted transactions. The news comes after a $35M DeFi hack
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Coinbase (COIN) shares slid by as much as 10% Wednesday after the U.S. crypto exchange reported third-quarter revenue that fell short of expectations and weaker trading volumes than in the second quarter. The shares recently pared their drop to trade at $339 by publication time.Some Wall Street analysts are taking
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Starting in the fourth quarter, Facebook said it will have a new reporting structure with two reportable segments: Family of Apps (FoA), which includes Facebook, Instagram, Messenger, WhatsApp and other services; and Facebook Reality Labs (FRL), which includes augmented and virtual reality related consumer hardware software and content. Source
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A crypto hodler is outraged after allegedly copping a $954,135 fee from centralized exchange FTX. The trader claims the fee was charged over a mistaken deposit they believe was the exchange’s fault.On Oct. 6, the Rekt Blog published screenshots of correspondence that suggest the problems began when the customer deposited
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BusinessThe bitcoin mining firm reported a preliminary net loss of $16 million to $19 million for the quarter ended Sept. 30.By Josh FinemanOct 4, 2021 at 2:14 p.m. UTCUpdated Oct 4, 2021 at 2:15 p.m. UTCGreenidge Generation mining facility (Caleb Parker) Original Source
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