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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: Revenue

Investors Defy Crypto Market Correction to Remain Optimistic

Category: Altcoins, Bitcoin, Ethereum, Finance, Investment, News

Investors Defy Crypto Market Correction to Remain Optimistic

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 a FINRA-registered broker-dealer, SEC-registered Alternative Trading System (ATS) and Registered…

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House Always Wins: Binance to Earn up to $1 Billion in 2018

Category: Altcoins, Bitcoin, Blockchain, Business, Commentary, News, Regulation, Tech

House Always Wins: Binance to Earn up to $1 Billion in 2018

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 raking in billions, Binance being one of the leaders. Binance…

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Coincheck Remains Profitable After Paying $432 Million For NEM Hack

Category: Altcoins, Bitcoin, Business, Finance, News

Coincheck Remains Profitable After Paying $432 Million For NEM Hack

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 secret. The cryptocurrency market had a stellar 2017 as indicated in the figures released by Monex Group, who acquired Coincheck…

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