Tag: revenue

Tag: revenue

Coinbase’s cbETH Staking Generates 4% of Exchange’s Revenue
Amid low trading volumes, Coinbase is diversifying revenue beyond exchange fees into areas like Ethereum staking service cbETH....

IRS Can Access Your Coinbase Trade Records, John Doe Summons Valid
A U.S. Federal court has confirmed that the Internal Revenue Service (IRS) holds the authority to demand user data from Coinbase, a leading cryptocurrency exchange. The verdict dismissed constitutiona...

Binance Refutes Reuters’ Claims of Commingling: “Story is so weak”
Binance, the world’s largest cryptocurrency exchange by trading volume, is staunchly denying allegations made by Reuters that it commingled customer funds with its own revenue in 2020 and 2021. Patr...

Robinhood’s Crypto Revenue Fell 12% in Q3
Robinhood saw reduced crypto transaction revenue in Q3 despite posting lower-than-expected losses overall. Robinhood Crypto Revenue Falls to $51M Robinhood’s crypto transaction revenue is down. Acco...

IRS Drafts New Crypto Reporting Rules for Tax Year 2022
The Internal Revenue Service (IRS) has released a draft of new instructions to U.S. taxpayers on reporting digital asset activity. IRS Releases Draft Tax Document The IRS is expanding its......

How Should DeFi Be Taxed? The U.K. Government Wants to Know
Her Majestys Revenue and Customs is seeking views from investors, professionals, and firms engaged in the DeFi space. U.K. Mulls New Tax Rules for DeFi The U.K. government wants help......

Square Saw $1.8 Billion in Bitcoin Revenue in Q3
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Axie Infinity Revenue Jumped Another 85% in August
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Axie Infinity Generated More Revenue than Bitcoin, Ethereum in July
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Pendle Finance Raises $3.5 Million to Launch Tokenized Yield Market
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