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Bullish (BLSH) Q2 revenue climbs as CoinDesk parent reports $280 million loss

Bullish (BLSH) Q2 revenue climbs as CoinDesk parent reports $280 million loss

3 months ago by Crypto InsightsCrypto

Bullish (BLSH), the crypto platform and parent company of CoinDesk, reported second-quarter net loss of $280 million, on Thursday, compared to $108.3 million for the equivalent period a year earlier. Adjusted earnings before interest, taxes, depreciation and amortization came in at $29.5 million, more than… Read More

Bitmine (BMNR) buys $14 million in ETH as Tom Lee expects tailwind for crypto

Bitmine (BMNR) buys $14 million in ETH as Tom Lee expects tailwind for crypto

3 months ago by Crypto InsightsCrypto

Bitmine Immersion (BMNR), the largest Ethereum treasury firm, bought another 7,391 ether ETH$1,895.42 last week. The purchase, worth roughly $14.2 million at ether’s price as of writing of $1,915, lifted the company’s holdings to over 5.8 million ETH, or about 4.8% of Ethereum’s total supply.… Read More

New XRP Ledger proposals target $530 million in tokenized Wall Street assets

New XRP Ledger proposals target $530 million in tokenized Wall Street assets

3 months ago by Crypto InsightsCrypto

There is already money on the chain for the feature to serve. Onchain data aggregator RWA.xyz tracks about $1.38 billion of distributed real-world assets on XRPL, including $845.7 million of RLUSD. Ondo accounts for another $212.6 million, followed by VERT Capital at $116.1 million and… Read More

Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million

Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million

3 months ago by Crypto InsightsCrypto

SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to $541 million as growth accelerated across… Read More

Samsung is bringing stablecoins to 800 million phones in a massive crypto bet

Samsung is bringing stablecoins to 800 million phones in a massive crypto bet

3 months ago by Crypto InsightsCrypto

“By doing so, Samsung Wallet becomes the foundation for an interconnected financial ecosystem across Galaxy devices and services — where it combines payments, rewards, and digital assets into a single unified experience,” he said. If it follows through, over 800 million would potentially have access… Read More

U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto

U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto

3 months ago by Crypto InsightsCrypto

A supervising U.S. FBI agent who worked in intelligence at the national headquarters has been arrested and accused in a federal court filing of stealing more than $1 million in cryptocurrency. The high-level special agent, identified as Patrick Steven Yarmoch, allegedly turned himself in to… Read More

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