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.Articles and updates related to reports and reporting.
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.
On-chain data confirm positive market momentum
March on-chain metric dynamics confirmed the continuation of the cryptocurrency market's recovery, according to ForkLog's analytical report.
Bitcoin closes best quarter since the start of 2021
In March, Bitcoin rose 22.96%, while Ethereum rose 13.46%. Both assets closed the first quarter of 2023 successfully, according to ForkLog's analytical report.
Report: Moscow City exchanges help cash out USDT in the United Kingdom
Several cryptocurrency platforms operating in the Moscow City office complex provide anonymous cross-border transfers, including to the United Kingdom.
Report: on-chain metrics indicate potential market recovery
On-chain indicators point to improving market sentiment and the potential for further gains in Bitcoin's price, according to ForkLog's analytical report.
Chainalysis: Nearly 10,000 tokens used in pump-and-dump schemes
In 2022, cryptocurrency investors invested $4.6 billion in the purchase of tokens believed to be part of pump-and-dump schemes.We use cookies to improve the quality of our service.
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