Report Financial News

14.05 / 05:39

Law Mining regulation Report Court Bitcoin BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report

Crypto mining firm Riot Platforms – formerly Riot Blockchain – has taken legal action against Texas-based Bitcoin (BTC) miner, Rhodium Enterprises, in an effort to recover “more than $26 million” in alleged unpaid mining facility fees.

11.05 / 00:39

business Robinhood Trading Report Robinhood's Q1 crypto revenue drops 30% from the previous year

First quarter results are in for cryptocurrency and stock trading app Robinhood, with the company reporting a 30% year-on-year revenue drop for its crypto trading business.

09.05 / 16:09

business Ethereum litecoin SEC PayPal Report Bitcoin Holdings Crypto Holdings PayPal’s crypto holdings increased by 56% in Q1 2023 to nearly $1B

Financial technology company PayPal recently disclosed its cryptocurrency holdings in a quarterly report filing to the Securities and Exchange Commision (SEC).

08.05 / 17:45

Blockchain NFT Investments Report Research Crypto remains hopeful as market moves sideways: Report

After a turbulent month for the crypto industry in March, Bitcoin’s (BTC) price went sideways in April despite some volatility. The meteoric rise of memecoins, such as PEPE, made headlines, and First Republic, another mid-sized United States bank, went under. However, on the basis of current market sentiment is a standoff between markets and policymakers: While the U.S. Securities and Exchange Commission Chairman Jerome Powell publicly states that interest rates are unlikely to come down this year, the markets for risk-on assets like crypto have firmly priced in a pivot in the coming months.

05.05 / 04:37

business Report stocks Bitcoin Stock Investment Cash App Bitcoin revenue tops $2 billion in the first quarter

Fintech firm Block, owned by Twitter founder Jack Dorsey, has reported a staggering $2.16 billion in Bitcoin (BTC) revenue on its bellwether product Cash App in Q1.

04.05 / 17:09

business Adoption Web3 Report Job How to attract and retain top Web3 talents — Intropia Report

One of the most critical issues in the Web3 space that needs to be resolved as soon as possible is the blockchain trilemma in addressing decentralization, security, and scalability. Only then can this industry achieve mainstream adoption.

02.05 / 05:23

business Adoption Report Predictions Job IBM 7,800 jobs at IBM could be replaced by AI within years, suggests CEO

International Business Machines Corp. (IBM) is expecting to put a “pause” on hiring for "back-office" roles that could be potentially automated by artificial intelligence (AI) instead.

27.04 / 01:05

business Facebook Adoption Report Metaverse Metaverse division's $4B loss drags on positive first quarter for Meta

Meta suffered a nearly $4 billion loss from its metaverse unit with Reality Labs in what was otherwise a solid first quarter for the Mark Zuckerberg-led social media empire which posted a final profit of $5.7 billion.

23.04 / 06:19

coinbase Report Bloomberg white house Meta Platforms Meta Ceo Bitcoin Biden's comms director barred from former crypto clients: Report

United States President Joe Biden will reportedly ban his communications director from handling matters related to any crypto or technology firms he has previously worked with, while allowing him to advise on crypto regulation.

19.04 / 19:07

Blockchain Adoption NFT Analysis Report Marketplace Half of the NFT trades on Ethereum are fraudulent — This team aims to fix it

The nonfungible token (NFT) market has seen an unprecedented number of new NFT collections introduced in 2022 despite the year-long crypto winter, showing that the turbulent state of the crypto market was not enough to deter NFT creators and collectors. With more than half a million new contracts across Ethereum, Polygon and Avalanche, the NFT market inevitably met with its own set of troubles, with the primary issue being NFT wash trading.

14.04 / 06:55

Blockchain Report Gaming Asia Sony Asia’s current gaming domination ‘crucial’ for Web3 games: DappRadar

Asia is “crucial” to the Web3 gaming industry as it already boasts the majority share of gamers, gaming revenue and has a high interest in blockchain technology a new report suggests.

13.04 / 04:43

business Investments Report Venture Capital VC funding Low Crypto VC funding hits 2-year low, US firms still favorite: Galaxy Research

Venture capitalist (VC) investment into crypto firms continued to fall in the first quarter of 2023, yet despite the current regulatory turbulence for crypto in the United States, it is still first for the number of firms raising capital according to a new report.

07.04 / 18:17

business Adoption Report Research recovery Bitcoin leads crypto market recovery as regulators turn up heat: Report

March has been a turbulent month for the crypto industry. Bitcoin (BTC) recorded its highest weekly close in 10 months and raised hopes among many that the bear market is over. One of the key drivers of this expectation was a series of banking collapses in the United States. This made investors hope for falling interest rates later this year, despite Federal Reserve Chair Jerome Powell’s insistence that lower rates were not part of the base scenario for 2023.

07.04 / 07:43

Adoption CoinGecko NFT Report Crypto Collectibles CryptoKitties 25% of NFT owners have a collection of 51 or more – CoinGecko Report

Crypto data website CoinGecko has released survey findings indicating that the majority of nonfungible token (NFT) holders own 51 or more NFTs, while those who only hold a single NFT comprised the smallest group among the respondents.

07.04 / 03:45

Government Report Study Research NOT Study claims 99.5% of crypto investors did not pay taxes in 2022

Swedish crypto tax firm Divly has released a new report that estimates that only 0.53% of crypto investors globally paid tax on their crypto in 2022 — however tax experts have cast doubt on the figures and methodology.

30.03 / 10:59

business Report Revolut Bitcoin NOT audit Revolut not happy with how fintech deals with audit red flags: Report

Crypto-friendly fintech Revolut is reportedly having some issues related to its recently released annual report for the year ending December 2021.

28.03 / 06:45

business Law Report Fraud Interpol Terraform Labs Terra Do Kwon registered a company in Serbia for $1 amid Interpol red notice: Report

Terraform Labs co-founder Do Kwon established a company in Serbia for less than $1 just weeks after being flagged with an Interpol red notice, according to documents from the Serbian Business Registry.

22.03 / 08:35

Blockchain Adoption economy Report economics white house Bitcoin ‘Crypto FUD’ — Industry outraged as White House report slams crypto

Crypto executives have expressed irritation over the latest White House economic report — which notably features an entire chapter dedicated to casting doubts on the merit of digital assets.

20.03 / 20:19

Blockchain defi Report Research Blockchain gaining adoption in more than just DeFi: Report

Anyone familiar with the blockchain industry knows that decentralized finance (DeFi) is one of the sector’s most prominent use cases with the most substantial adoption. Recent issues in the banking sector, like those surrounding Silicon Valley Bank and Credit Suisse, have caused many to take a second look at Bitcoin (BTC) and crypto as an alternative to the traditional banking system. And while the further expansion of DeFi bodes well for the rest of the crypto industry, is blockchain technology expanding and being utilized in other ways as well?

19.03 / 09:23

regulation Report HSBC Bank of England SVB Bankruptcy SVB's UK arm issues 15M pounds in bonuses after symbolic bailout: Report

Silicon Valley Bank UK (SVB UK) has granted millions of pounds in employee bonuses, just days after it was rescued by global banking giant HSBC for just 1 pound, a recent report revealed.

15.03 / 21:55

Stablecoin Adoption Report Hash Rate Research Threat Bitcoin hash rate continues to rise, but DeFi is under threat: Report

The beginning of 2023 raised hopes that the blockchain industry was on the path toward recovery, but weaker-than-hoped financial performance and a bout of negative news in February have cast doubts on this outlook. However, these headwinds do not affect all sectors of the industry uniformly. Nonfungible tokens (NFTs) and security tokens have managed to decouple from the broader environment and showed positive signs in February, but the rest of the market remains cautious.

Report Financial News

popular questions about Report

What is Report and why is it important?

Where can I find the latest updates on Report?

How can I verify the accuracy of information on Report?