Financial Reporting


Markets

Collapsed Crypto Exchange Cryptopia Owes Creditors $2.7 Million: Liquidators

The liquidators of hacked New Zealand crypto exchange Cryptopia say it owes over $2.7 million to creditors, while user losses are still unknown.

(Shutterstock)

Markets

London-Listed Argo Blockchain Adds 1,000 Miners in Bid to Salvage Stock Price

Struggling crypto mining firm Argo Blockchain says it's expecting to break even in the second quarter after an investment in new equipment.

Balaci’s testimony indicates that BitClub never ran the lucrative bitcoin mining pools it lured victim investors with. (Shutterstock)

Markets

Ripple Says Sales of XRP Cryptocurrency Grew 31% in Q1

Blockchain payments startup Ripple has reported a 31 percent quarter-to-quarter increase in sales of XRP.

XRP

Markets

Coinbase Generated $520 Million in Revenue Last Year, Reuters Estimates

Cryptocurrency exchange Coinbase brought in almost $520 million in global revenue in 2018, according to Reuters' calculations.

Coinbase

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Markets

Crypto Exchange Bithumb Posts $180 Million Loss for 2018

Bithumb, South Korea’s largest cryptocurrency exchange, has posted a net loss of 205.5 billion won ($180 million) for 2018.

Bithumb on phone

Markets

Square Brought in Over $166 Million Through Bitcoin Sales Last Year

Mobile payments firm Square has reported its revenue and profits from bitcoin sales in 2018.

bitcoin, dollars

Markets

Australian Regulator Trials Blockchain to Automate Transaction Reporting

Australian financial regulator AUSTRAC is trialing blockchain technology to automate reporting of cross-border transactions by institutions.

The Sydney opera house

Markets

Nvidia Says Crypto Drop-Off Helped Drive 'Disappointing' Fourth Quarter

Graphics card maker Nvidia has said the downturn in sales to crypto miners drove a drop in revenue in Q4, despite a record year overall.

Nvidia

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Markets

GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.

BTC and yen

Markets

Chip Maker TSMC Reports 'Big Drop' in Crypto Mining Revenue

Chip-making giant TSMC has reported a significant drop in revenue for its crypto mining segment in 2018.

PC processors

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