Marathon Digital Lost $687 Million In 2022, Q4 Revenue down 58%
Bitcoin miner Marathon Digital posted a loss of $687 million for the year 2022.The firm’s fourth-quarter revenue fell by 58% to just $28.4 million.The Bitcoin...
Bankrupt Crypto Lender Moves 270 Billion SHIB To Coinbase
The crypto lender has already secured court approval to sell its assets to Binance US, which, over the past weeks, has been objected to by...
21Shares Closes 6 Crypto Exchange-Traded Products
Switzerland-based 21Shares, a provider of crypto exchange-traded products (ETP), is shuttering six of its products due to low demand, a company sp...
BTC Miner Hut 8 Doubles 2022 Net Loss to $176 million
Hut 8 Mining Corp., one of North America's largest publicly-listed mining companies, recently announced its financial results for the year and quarter ended 31 December...
Canaan’s Q4 22 Mining Revenue Increased by 368% But There’s a Catch
Increasing electricity costs and a decline in digital asset prices coupled with high mining difficulty in the fourth quarter slashed mining profit margins and made...
Canaan’s Q4 Revenue Plummets by 82.1% YoY to $56.8 Million in 2022 – Cryptopolitan
Canaan Inc., a leading manufacturer of cryptocurrency mining equipment, has recently released its unaudited financial results for Q4 2022 and the full year. The report...
FTX has a massive $9.5 billion shortfall in top crypto and cash needed to repay customers, the bankrupt exchange’s new bosses say
FTX has a $9.5 billion shortfall in top crypto and cash to repay customers, bankruptcy lawyers say.Just $694 million in assets of $2.2 billion recovered...
Crypto Broker Voyager Digital Sends $121M in Crypto to Exchanges, Sells Ether, Shiba Inu Holdings
Embattled crypto broker platform Voyager Digital has been selling off its cryptocurrency holdings at a fast rate, blockchain intelligence firm Ark...
Jump Crypto Trading Firm Strikes Back: Recovers $140 Million Stolen Crypto from Wormhole Hack – Here’s What Happened
Jump Crypto and Oasis have managed to counter-exploit the Wormhole protocol hacker and retrieve $140 million worth of tokens.
Crypto Miner Hive Blockchain Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin
The Canadian miner is launching its high-performance computing cloud business, which is 25 times more profitable than mining.
