The Canadian crypto broker said its revenue growth was due to the growing adoption of cryptocurrency.
Voyager Digital Revenue Rises Over 1,000% on Increased Crypto Adoption
Publicly traded digital-asset brokerage Voyager Digital registered four-digit growth in revenue in the last fiscal year.
Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019
Bitcoin mining firm Argo Blockchain said an 11-fold increase in revenues shows pivoting away from mining-as-a-service was a good move for the company.
Blockstack Ran on Token Sales in 2019, Says Latest SEC Filing
Blockstack disclosed that its $23 million revenue in 2019 came almost entirely from Stacks token sales.
Grayscale Says It Raised a Record $500M in First Quarter
The crypto investment firm says it raised almost as much in Q1 2020 as it did over the whole of 2019.
Galaxy Digital Warns Losses Could Continue as Coronavirus Hits Bottom Line
The crypto merchant bank just managed to keep its head above water in 2019, but says profits will likely suffer amid the effects of Covid-19.
Ripple Reports Selling Just $13M of XRP Last Quarter
Ripple sold $13 million in XRP last quarter – down 75 percent from its Q3 sales of $66.24 million.
London-Listed Argo Blockchain Reports 10-Fold Increase in Bitcoin Mining Revenue in 2019
For its first full year of operations, Argo says it generated just over $11 million in revenue
State Street Teams up With Winklevoss-Founded Gemini Exchange for Digital Assets Trial
Boston-based State Street Corp. is partnering with cryptocurrency exchange and custodian Gemini Trust on a new trial that examines reporting scenarios for digital assets.
Collapsed Crypto Exchange Cryptopia Owes Creditors $2.7 Million: Liquidators
The liquidators of hacked New Zealand crypto exchange Cryptopia say it owes over $2.7 million to creditors, while user losses are still unknown.
London-Listed Argo Blockchain Adds 1,000 Miners in Bid to Salvage Stock Price
Struggling crypto mining firm Argo Blockchain says it’s expecting to break even in the second quarter after an investment in new equipment.
Ripple Says Sales of XRP Cryptocurrency Grew 31% in Q1
Blockchain payments startup Ripple has reported a 31 percent quarter-to-quarter increase in sales of XRP.
Coinbase Generated $520 Million in Revenue Last Year, Reuters Estimates
Cryptocurrency exchange Coinbase brought in almost $520 million in global revenue in 2018, according to Reuters’ calculations.
Crypto Exchange Bithumb Posts $180 Million Loss for 2018
Bithumb, South Korea’s largest cryptocurrency exchange, has posted a net loss of 205.5 billion won ($180 million) for 2018.
Square Brought in Over $166 Million Through Bitcoin Sales Last Year
Mobile payments firm Square has reported its revenue and profits from bitcoin sales in 2018.
Australian Regulator Trials Blockchain to Automate Transaction Reporting
Australian financial regulator AUSTRAC is trialing blockchain technology to automate reporting of cross-border transactions by institutions.
Nvidia Says Crypto Drop-Off Help Drive ‘Disappointing’ Fourth Quarter
Graphics card maker Nvidia has said the downturn in sales to crypto miners drove a drop in revenue in Q4, despite a record year overall.
GMO Internet’s Crypto Business Reports $12 Million Loss in 2018
Japanese IT giant GMO Internet has just reported an operating loss of nearly $12 million for its cryptocurrency business in 2018.
Chip Maker TSMC Reports ‘Big Drop’ in Crypto Mining Revenue
Chip-making giant TSMC has reported a significant drop in revenue for its crypto mining segment in 2018.
GMO Quits Selling Mining Machines After Crypto Market Downturn
Japanese IT giant GMO Internet plans to stop making and selling crypto mining machines, only months after launching its B3 miner.