PayPal clients’ cryptocurrency holdings reach $1 billion
The payments giant PayPal reported protection of nearly $1 billion in clients' digital assets, despite its relatively recent entry into the market.Articles and updates related to reports and reporting.
PayPal clients’ cryptocurrency holdings reach $1 billion
The payments giant PayPal reported protection of nearly $1 billion in clients' digital assets, despite its relatively recent entry into the market.
Hut 8 mined 132 BTC in April
In April, Hut 8 Mining mined 132 BTC. At month end the firm held 9,265 BTC in reserves.
Coinbase stuns with first-quarter results as shares rise 7%
Coinbase's net loss in Q1 2023 was $78.9 million or $0.34 per share, well ahead of analysts' expectations ($0.87). In after-hours trading, the shares rose 7%.
Report: Shapella activation spurs growth in the DeFi segment
Against the backdrop of the activation of Shapella in the Ethereum network, the TVL in smart contracts of decentralized applications rose above $90 billion in April.
Report: Shapella upgrade in Ethereum network did not affect prices
The activation of the Shapella hard fork in the Ethereum blockchain sparked interest in staking, not confirming fears of negative price impact. This is reported by ForkLog.
Digital Currency Group reports $180 million in profit for the first quarter
The Digital Currency Group (DCG) reported to investors a $180 million profit in Q1 2023 — up 63% from the prior reporting period.
Reality Labs’ metaverse-focused loss hits $4 billion
Reality Labs' operating loss for January–March 2023 (the metaverse-related unit of Meta) amounted to $3.99 billion. For the period, the company reported net income of $5.71 billion. Reality Labs' total loss for 2022 was $13.7 billion (in 2021 — $10.2 billion). During a conference with analysts, Meta's CEO …
BNB Chain developers detail released and forthcoming updates
BNB Chain developers presented a report on the updates released and outlined near-term plans to improve the network.
Investment in crypto startups plunges to $2.4 billion in the first quarter
The volume of venture funding for cryptocurrency-related companies in January–March fell to its lowest level in ten quarters, at $2.4 billion. According to PitchBook, from a peak of $12.3 billion the figure collapsed by 80.5%, Bloomberg reports.
Crypto projects lost more than $320 million to hacks in the quarter
In the first three months of 2023, blockchain projects lost more than $320 million to hacks and fraud, according to Cointelegraph citing CertiK.We use cookies to improve the quality of our service.
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