Cryptocurrency Analysis and News Portal
Australian bitcoin (BTC) miner Iris Energy (IREN) remains on track for 15 exahash per second (EH/s) in hashrate – 10 EH/s of that by early 2023 – but its fiscal third-quarter revenue of $15.2 million was shy of the analyst consensus forecast of $16 million. Original Source
Read More
The miner reiterates its hashrate guidance of 12.8 EH/s Source
Read More
U.S. crypto exchange Coinbase posted trading volumes of $TK billion. Source
Read More
After the continuous sink in the mining profitability of both digital assets year-on-year, Bitcoin miners have been set back to seats as Ethereum miners consecutively surpassed them in mining revenue and recorded a gap of $224 million in April 2022. This month was not so good for Bitcoin miners as they
Read More
The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million penalty. Nvidia Failed to Disclose That Crypto Mining Was a Significant Element of Its Material Revenue
Read More
Without admitting or denying the SEC charges, the chipmaker agreed to pay a $5.5 million dollar fine to settle the affair. Source
Read More
The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible token (NFT) marketplace sales, which rose by more than 19,000% during the period under review. ETH Inflation Rate
Read More
On April 28, discount-brokerage platform Robinhood published its financial results for the first quarter of 2022. Year-over-year, the firm's net revenue declined by 43% to $299 million. Specifically, revenue from cryptocurrency trading fell by 39% to $54 million during the same period. This was partly due to a decrease in
Read More
On its earnings conference call Thursday, Robinhood said it has been refining core crypto infrastructure to "effortlessly" custody and support new coins, tokens and chains. CEO Vlad Tenev said this initiative is part of a process that began last year and Robinhood will soon be able to add new coins
Read More
Let’s take a step back. In 2006, the world witnessed one of the first viral social media videos, “Evolution of Dance,” on YouTube, and the internet was never the same. Since then, society has been transformed by the mass adoption of media platforms like Twitter, TikTok and Instagram. Digital creators
Read More