Ethereum Network’s Gas Fees Skyrocket Amid Memecoin Frenzy
The Ethereum network has been experiencing a surge in gas fees due to the ongoing memecoin frenzy. As a result, the network's daily revenue has skyrocketed and has even surpassed…
Revolut faces issues with 2021 annual report
Revolut, a British-Lithuanian fintech company known for its crypto-friendly services, recently released its annual report for the year ending December 2021. The report revealed that Revolut generated a revenue of…
Canaan’s Q4 2022 Revenue Declines by 82.1% YoY to $56.8M
Chinese Bitcoin miner and manufacturer of application-specific integrated circuit (ASIC) mining machines, Canaan, has reported an 82.1% YoY revenue decline to $56.8 million in Q4 2022, according to a new…
Ethereum’s Network Revenue Shot up by 1,777% Last Annual Year
During the release of Ethereum’s quarterly report, market insight provider Bankless noted that ETH network revenue increased by 1,777% from Q4 2020 to Q4 2021. Per the announcement: “Network Revenue…
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ETH 2.0 Contract Exceeds 7.4 Million Ether, Close To $30 Billion Locked, Liquid Staking Pools Grow
The Ethereum 2.0 contract now has more than 7.4 million ether worth over $29.3 billion using today’s ether exchange rates. According to statistics, the smart contract address is the largest…
SHI Hits Revenue Record With Over $5.5 Billion In First Half Of 2021
SOMERSET, N.J.–(BUSINESS WIRE)–SHI International, one of North America’s largest IT solutions providers, generated a record $5.5 billion in revenue in the first half of 2021, growing 5% year over year.…
Coinbase Records Impressive Growth In Q2 Revenue, Earning 2.23B And Exceeding Analysts’ Expectations
Coinbase Global has reported an impressive result in its second-quarter earnings report. On Tuesday, August 10, Coinbase cryptocurrency exchange reported its second-quarter revenue better than analysts expected. However, Coinbase’s revenue…
POSaBIT Q2 Revenue Increases 232% To USD $5.0M; Increases Guidance For Full Year Revenue To $17.5M – $19M; Plans Expansion To Support Hyper Growth Rate
TORONTO & SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC:POSAF), the leading provider of payments infrastructure in the cannabis industry, today announced its financial results in U.S. dollars for the three…
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ETH 2.0 Contract Exceeds 6 Million Ether, Data Shows Ethereum Outperformed BTC In Q1 And Q2
Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum is held in the contract today. Onchain…
Revenue Technology Services (RTS) Announces The Next Major Release Of The Cargo Solutions Suite
ADDISON, Texas–(BUSINESS WIRE)–We are quite excited and very pleased to announce about the upcoming 2021 maintenance release of the Cargo Solutions suite. The release includes major technology upgrades and various…