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CATEGORY: q2 2024

Bitcoin mining expenses surge 168% amid capacity growth
Author: Cointelegraph by Josh O'Sullivan
United States
Source: Cointelegraph.com News
Aug 21, 2024 12:00

Bitcoin mining expenses surge 168% amid capacity growth

BitFuFu expands its mining capacity by over 60% despite a dramatic rise in Bitcoin mining costs post-halving.

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Marathon Digital (MARA) Sees Revenue Surge Despite Increased Losses in Q2 2024
Hong Kong
Source: Blockchain News
Aug 03, 2024 02:15

Marathon Digital (MARA) Sees Revenue Surge Despite Increased Losses in Q2 2024


Marathon Digital's Q2 2024 revenue increased by 78% to $145.1M, but the company reported a net loss of $199.7M due to fair market value adjustments. (Read More)

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Canaan Inc. (CAN) Reports Strong Q2 2024 Financial Results
Hong Kong
Source: Blockchain News
Aug 17, 2024 02:15

Canaan Inc. (CAN) Reports Strong Q2 2024 Financial Results


Canaan Inc. (NASDAQ: CAN) reports robust Q2 2024 financial results with significant revenue growth and improved profitability. (Read More)

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Exodus wallet posts 80% rise in Q2 revenue with $9.6M in losses
Author: Cointelegraph by Helen Partz
United States
Source: Cointelegraph.com News
Aug 15, 2024 12:00

Exodus wallet posts 80% rise in Q2 revenue with $9.6M in losses

Exodus operating revenue in Q2 2024 was primarily driven by the wallets exchange aggregation service, which netted $19.9 million.

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Stellar (XLM) Development Foundation Reports Major Growth in Q2 2024
Hong Kong
Source: Blockchain News
Aug 02, 2024 02:15

Stellar (XLM) Development Foundation Reports Major Growth in Q2 2024


Stellar (XLM) Development Foundation's Q2 2024 report highlights significant growth in network addresses, asset tokenization, and Soroban smart contracts. (Read More)

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Robinhood (HOOD) to Release Q2 2024 Earnings on August 7
Hong Kong
Source: Blockchain News
Jul 04, 2024 02:15

Robinhood (HOOD) to Release Q2 2024 Earnings on August 7


Robinhood Markets, Inc. (NASDAQ: HOOD) will announce its Q2 2024 financial results on August 7, 2024, with an earnings call scheduled for the same day. (Read More)

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Bitget reports $700M capital inflow in Q2, adds 2.9M users
Author: Cointelegraph by Ezra Reguerra
United States
Source: Cointelegraph.com News
Jul 12, 2024 12:00

Bitget reports $700M capital inflow in Q2, adds 2.9M users

The exchange reported that its BTC, USDT and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.

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Q2 2024 Crypto Market Review: Bitcoin Halving and Ethereum Activity Surge
Hong Kong
Source: Blockchain News
Jul 11, 2024 02:15

Q2 2024 Crypto Market Review: Bitcoin Halving and Ethereum Activity Surge


The Q2 2024 crypto market saw Bitcoin halving and record activity on Ethereum, despite declines in major indices, according to Bitwise Investments. (Read More)

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Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M
Author: Cointelegraph by Christopher Roark
United States
Source: Cointelegraph.com News
Jun 28, 2024 12:00

Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M

Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend.

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