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Posts Tagged ‘profit’

Amber Baldet: Privacy as Profit

We’re talking to experts in the crypto and blockchain space about the future of the industry. You’ll hear from economists, entrepreneurs, developers, and other speakers from Consensus events. Clovyr co-founder Amber Baldet joins Nolan Bauerle to discuss the state of enterprise blockchain and the benefits of taking privacy seriously. Register for Consensus at Consensus2019.com Amber…

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Miner Maker Ebang Reports ‘Significant’ Profit Drop in New IPO Filing

Crypto mining equipment maker Ebang has refiled its draft IPO prospectus with the Hong Kong Stock Exchange (HKEX), stating it has seen “significant decreases” in revenue and gross profit in Q3 2018. According to the HKEX filing database, Ebang submitted the new draft application on Dec. 20 with disclosures of its financial information up until…

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Bitcoin Has Netted 0.347% Profit Per Day For Holders Since 2011

Despite the decline of Bitcoin throughout the entirety of 2018, the world’s leading cryptocurrency’s daily average profit of  0.347 percent per day has been generous for its long-term holders. Bitcoin: A Store of Value Indeed Bitcoin’s (BTC) 00 daily moving average since January 1st, 2011, is 0.347 percent in the positive. Clavestone, an institutional-grade Bitcoin key management company…

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Square, Boosted By Its Bitcoin Business, Posts First Ever Profit in Q3

Jack Dorsey’s financial services provider, Square, has reported its first quarterly profit of $20 million. The bitcoin-integrated payments company also beat Wall Street estimates for Q3 earnings and revenue. Square Finally Sees Profits Hotly following the news that Square had leapfrogged the market cap of  Twitter, the company released it’s Q3 2018 Results. The first ever quarterly…

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Hacked Crypto Exchange Bithumb Made $35 Million Profit in First Half 2018

South Korean cryptocurrency exchange Bithumb made net profits of 39.34 billion won (about $35 million) in the first half of this year, despite a rough June for the firm. Vidente, a video equipment maker that owns 10.55 percent of Bithumb and 10 percent of its holding company, revealed the financial data to a South Korean financial regulator…

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GMO’s Cryptocurrency Business Made $2.3 Million Profit in Q2

Japanese IT giant GMO has just reported making an operating profit of 255 million yen (about $2.3 million) for its cryptocurrency business in the second quarter of this year. The firm released its financial report following an earnings call on Thursday, which indicated that the company’s crypto segment made a total of 2.6 billion yen, or $23…

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Nevermind Bitcoin Price Drop – Binance on Track to See $1 Billion Profit

Despite the declining cryptocurrency market, Binance is on track to profit up to $1 billion this year. Binance Coin (BNB) is seeing heartening gains as well. It goes without saying that 2018 has been a rough year for the cryptocurrency market thus far. Its most popular cryptocurrency, Bitcoin (BTC) has lost around 70 percent of its…

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Samsung Sets Q1 Profit Record with Crypto Mining Boost

Samsung Electronics has reported 58 percent year-on-year growth in its operating profits for Q1 2018 – an increase driven in part by strong demand for cryptocurrency mining chips. During a financial earnings call on Thursday, Robert M. Yi, Samsung’s executive vice president of investor relations, said the profitability increase seen in the firm’s semiconductor business played a significant…

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Decoin – a Profit Sharing Cryptocurrency Was Launched

Bitcoinist.net · April 27, 2018 · 11:46 am The cryptocurrency world is full of new innovations, wonderful surprises as well as risks. Every day new cryptocurrency exchanges are launching in the market. One such new cryptocurrency venture that is about to change the digital currency world is DeCoin. It features new concept for exchange investments,…

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