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Earnings
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million.
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.
What Coinbase's Q4 Earnings Mean for Crypto Adoption
Anthony Georgiades, co-founder of Pastel Network, said investors are right to be wary but “digital assets are certainly here to stay.”
Coinbase Off to a Good Start in 2023: JPMorgan
One of the biggest contributors to revenue in the fourth quarter was from Coinbase’s relationship with Circle, the report said.
Coinbase Q4 Revenue and Earnings Beat Expectations, but Transaction Volume Falls 12% From Q3
The crypto exchange reported its fourth-quarter earnings on Tuesday after the close.
CoinShares Sees 2022 Income Plunge 97% to $3.6M
CoinShares said it had GBP 26 million of its assets on FTX at the time the exchange halted withdrawals.
Crypto Miner Hive Blockchain Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin
The Canadian miner is launching its high-performance computing cloud business, which is 25 times more profitable than mining.
Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market
The miner is looking to use mined bitcoin and equity to pay for its growth plans.
Crypto Bank Silvergate Reports Q4 Loss of $1B
The company posted a loss of $949 million for 2022, compared with net income of $76 million in 2021.
Q3 Profit at South Korean Crypto Exchange Upbit's Parent Slides 73%
The firm was hit by a market decline and lower trading volume.
