Connect with us

Coin Market

Canaan’s Q2 mining revenue jumps 43% on Q1, but net loss climbs 31%

Published

on

Bitcoin mining firm Canaan posts second quarter financials, with BTC mining revenue up 43% from Q1 2023, though net losses also rose 31% to $110 million.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Coin Market

Stablecoins not a threat to banks in the near-term: Moody’s analyst

Published

on

By

A prohibition on yield-bearing stablecoins and robust payments infrastructure in the US means stablecoins will not eat into banks’ market share.

Continue Reading

Coin Market

2024 BTC cycle ‘dramatically’ underperforming previous halvings: Analyst

Published

on

By

Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy’s Alex Thorn.

Continue Reading

Coin Market

Kelp exploit highlights problem with non-isolated DeFi lending: Crypto execs

Published

on

By

The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance.

Continue Reading

Trending