Revenue News
Latest Revenue News
Digital Currency Group (DCG), the parent company of Grayscale Investments, reported a 59% surge in revenue in the fourth quarter of 2023.
The revenue collected by Bitcoin miners as transaction fees in 2023 reportedly averaged about $2 million per day, signifying a 400% jump year over year.
Coinbase, a cryptocurrency exchange, reported a net loss of $2 million in Q3 2023 despite rising revenue and a drop in trading volume
According to a press release (Jan. 16, 2018), BitPay saw increased growth in 2018 including a 78 percent increase in workforce and a 7 percent decrease in funds lost to error. Success Story BitPay apparently had a very fruitful 2018…
In a bid to curb the menace of tax evasion and ensure workers pay their correct tax amounts, Thailand’s Revenue Department has announced it would use distributed ledger technology (DLT) and machine learning for tax avoidance probes, according to a…
Coinbase Inc., one of the biggest cryptocurrency exchange platform in the U.S., is reportedly projecting revenue for the year of nearly $1.3 billion, according to a Bloomberg report from October 30, 2018. Billion Dollar Revenue Despite Crypto’s Massive Slump Although…
The CEO of Binance, one of the world’s largest and fastest-growing crypto exchanges, stated he expects net revenue of $500 million to $1 billion in 2018. CEO’s Overwhelming Optimism Despite the recent not-so-favorable situation in the crypto industry that has…
Coincheck, the cryptocurrency exchange platform has announced revenue of $490 million in Financial Year 2018. This is one of the first glimpses of the revenue earning a potential of a cryptocurrency enterprise in an industry where finances are usually kept…