Reports | ForkLog

ForkLog 103 10.03.2025

Cryptocurrency Firms Spend $134 Million on US Elections

Cryptocurrency companies have expended $134 million on funding election campaigns in the United States for 2024, according to a report by the Center for Political Accountability (CPA). This has sparked concerns about the industry’s influence on political processes and potential regulatory implications. “Companies making such contributions may seek to create a favorable regulatory environment, but […]

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ForkLog 15 05.03.2025

JPMorgan Reports 22% Decline in Market Capitalisation of US Public Miners

The market capitalisation of 14 public miners in the United States fell by 22% in February, according to analysts at JPMorgan. Experts attributed this to the decline in Bitcoin’s price and the increase in mining difficulty, as reported by CoinDesk citing the report. The average daily reward for miners was $54,300 per EH/s, a decrease […]

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ForkLog 22 27.02.2025

Immunefi Reports February Crypto Losses of $1.53 Billion Due to Bybit Hack

Cryptocurrency projects suffered losses of $1.53 billion from hacks in February, a figure 20 times greater than the previous month’s $73.9 million, according to a report by Immunefi. Compared to the previous year, this figure has surged 18-fold from $81.6 million. Excluding the Bybit hack, the crypto industry’s losses in February amounted to just $68.3 […]

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ForkLog 29 27.02.2025

Nvidia’s Position Unshaken by DeepSeek

Nvidia’s financial report for the fourth quarter exceeded expectations, with optimistic forecasts for the first quarter of 2025. Key figures: revenue: $39.33 billion versus the expected $38.05 billion; earnings per share: $0.89 instead of the projected $0.84; net profit rose to $22.09 billion. The chipmaker expressed confidence in continued growth thanks to the rapid development […]

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ForkLog 11 24.02.2025

Nvidia’s AI Chip Demand Under Scrutiny After DeepSeek’s Disruption, Reports Reuters

The demand for advanced AI chips will be a focal point in Nvidia’s report on February 26, as investors question the corporation’s significant spending on its products following the emergence of an affordable alternative from DeepSeek, according to Reuters. The debut of the R1 model by the Chinese competitor caused a record $593 billion drop […]

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ForkLog 23 24.02.2025

Report: Institutional Demand for Bitcoin Overstated

Spot Bitcoin ETFs in the US have attracted a net $38.6 billion since their launch, but only $17.5 billion (44%) represent actual long position purchases, according to 10x Research. #Bitcoin & @MicroStrategy: The New Favorite Assets for Hedge Funds@BlackRock IBIT, MicroStrategy — what we know … ?1-21) Although Bitcoin ETFs have attracted $38.6 billion in […]

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ForkLog 37 21.02.2025

Crypto Investors See Average Profit of $5482 in 2024, Report Reveals

The average realised profit for digital asset holders in 2024 amounted to $5482 compared to $888 in the previous 12 months. These estimates were presented by specialists from the tax platform CoinLedger, reports The Block. The greatest unrealised profits were brought by Bitcoin, Hyperliquid, SuperVerse, Shiba Inu, and Render. “Cryptocurrencies are in a bull market. […]

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ForkLog 40 14.02.2025

Coinbase’s Q4 trading volume jumped 2.4x

Crypto trading volumes at Coinbase rose 137% in October–December; at online broker Robinhood, 393%. Drivers included hopes for friendlier regulation after Donald Trump’s victory. Trading volume on Coinbase in October–December surged to $439bn from $185bn in the prior quarter. Earnings per share came in at $4.31, 2.6 times the $1.81 consensus, according to Reuters. Data: […]

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ForkLog 18 12.02.2025

Analysts Detail Crypto Scammers’ Tactics for 2024

In 2024, social engineering has become the forefront of tactics employed by fraudsters and extortionists within the crypto industry. The primary attack vector has been the social network X, according to insights shared by analysts from Merkle Science. Experts examined 36 incidents that were constructed using social methods “from start to finish.” Data: Merkle Science. […]

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ForkLog 19 06.02.2025

Bitcoin Ransomware Revenues Plummet from $1.25 Billion to $813 Million

In 2024, ransomware operators generated $813 million in revenue, marking a 35% decline from the previous year’s $1.25 billion, according to a report by Chainalysis. Source: Chainalysis. The amount of stolen funds in the first half of the year rose by 2.4% compared to 2023, including $75 million paid to the Dark Angels group. However, […]

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ForkLog 27 06.02.2025

MicroStrategy Rebrands as Strategy Amid $670.8 Million Loss

MicroStrategy removed Micro from its name, emphasizing its commitment to acquiring digital gold. Net loss in Q4 amounted to $670.8 million; the company will adopt new digital asset accounting standards. In 2025, management aims to earn $10 billion from the revaluation of the leading cryptocurrency. MicroStrategy has rebranded, changing its name to Strategy. The corporation […]

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ForkLog 66 01.02.2025

Tether Reports $13 Billion in Net Profit

Tether, the issuer of the most popular stablecoin USDT, has announced a record net profit of $13 billion for the year 2024.

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