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# Revenue News

January 18, 2019 by at Business, Finance, News, Platform
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 despite the bitcoin price slump in the later part of...
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 Bangkok Post report on November 5, 2018. Thai Authorities Unleash...
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 cumulative value of all major cryptocurrencies has tumbled by...
According to a September 6, 2018 report in Business Wire, investors are still generally keen on investing in cryptoassets over the coming year despite the general crypto market downturn. This is one of a number of insights presented in the Mid-Year Cryptocurrency and Blockchain survey by SharesPost. Unchanged Optimism As...
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 recorded billions of dollars in losses, crypto exchanges are still...
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