defi·11d ago
Circle defends USDC economics as rivals offer partners bigger revenue share
Stablecoin issuer Circle is pushing back on questions about USDC's economics as competitors pitch larger cuts of reserve income to partners, including Coinbase.
Crypto news
Original coverage across the crypto market, updated daily.
technology·12d ago
Polygon to acquire Coinme in push into crypto payments
Polygon CEO Marc Boiron said buying Coinme would give the network direct control of customer relationships and revenue now captured by payment intermediaries.
bitcoin·60d ago
IREN's Bitcoin Mining Still Dominates Revenue Despite Microsoft AI Cloud Deal
Bitcoin miner IREN reports 82% of revenue from BTC even after making room for Microsoft AI cloud services.
bitcoin·70d ago
Bitcoin miner Ionic reports $35M loss, 90% of revenue from AI lease
Ionic's quarterly update shows AI lease dominates revenue while Bitcoin mining drives losses.
technology·70d ago
Securitize Q1 AUM hits record $4.3B as revenue slips
Tokenization firm Securitize reported record assets under management but lower revenue in its first quarter as a public company.
markets·79d ago
Benchmark Projects Over 150% Upside for Bitdeer, Citing AI Data-Center Plans
Analyst sees strong potential as bitcoin mining revenue backs $4.7 billion AI data-center expansion.
exchanges·83d ago
Bullish Trading Volume Drops 43% but Spread Jump Offsets Decline
Exchange's annual revenue proxy slips just 1.6% as wider spreads mitigate lower volume
defi·91d ago
Aave Proposes Shutting Down Deployments on Six Blockchains
Governance proposal targets low-revenue chains and retires 50 asset markets.
defi·91d ago
Aave Proposal Would Shut Deployments on Six Low-Revenue Chains
Governance vote targets Sonic, Scroll, zkSync, Metis, Soneium and Aptos due to minimal fees.
markets·106d ago
BitMine Reports 22x Revenue Surge, $9.1B Net Loss on ETH Write-Down
BitMine Immersion Technologies posts $46.5M revenue, but $9.1B loss from non-cash Ethereum markdown.
markets·106d ago
Big Banks Post $49B Quarter as Trading Revenue Surges
JPMorgan and Goldman Sachs lead record earnings, highlighting the strength of traditional finance that stablecoins aim to challenge.
markets·126d ago
Grayscale Sees Value in Top Revenue-Generating Crypto Protocols as CLARITY Act Looms
Grayscale Research flags 15 protocols as undervalued on cash flows ahead of potential CLARITY Act passage.
technology·136d ago
Elon Musk Predicts $1 Trillion SpaceX Revenue by 2030
Musk's projection triples Wall Street's estimate and is 53 times SpaceX's expected 2025 revenue.