WorldPingBullish's second-quarter loss of $280 million was mostly attributable to a $244.6 million markdown on the company’s bitcoin holdings.
This is a short WorldPing brief. The full report was published by CoinDesk.
Read the full report at CoinDesk
WorldPingPeter Thiel-backed crypto exchange Bullish reported a $280 million Q2 net loss as digital asset sales fell 44% and adjusted revenue rose 62%.
Brief by WorldPing · Original reporting by The Block
WorldPingThe crypto exchange operator’s shares gained around 10% as adjusted EBITDA more than tripled and subscription and services revenue hit a record high.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingThe tokenization-focused lender posted $226 million in quarterly revenue as blockchain loan marketplace volume jumped to $4.3 billion.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingAI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingThe company said its net income increased 192% to $87 million from $30 million during the same period a year ago.
Brief by WorldPing · Original reporting by The Block
WorldPingThe online bank cut full-year revenue and profit forecasts after first-half crypto trading levels slumped.
Brief by WorldPing · Original reporting by CoinDesk
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