Crypto wallet provider Exodus swung from profitability to a $18.6 million net loss in the second quarter, with its management expenses surging 138% year-over-year.
1 hours ago
Crypto wallet company Exodus reported second-quarter revenue of $26.2 million, a 2% year-over-year increase, but posted a net loss of $18.6 million, compared with a net profit of $37.7 million in the year-ago period. General and administrative expenses rose 138% year-over-year to $44.7 million. The company noted that its quarterly results include partial contributions from its acquisitions of Monavate and Baanx; monthly active users (MAUs) at quarter-end fell to 1.4 million, a 6.7% sequential drop, while quarterly swap volume reached $1.1 billion, down 8.3% sequentially. (AP News)
An analyst has commented that Anthropic's decision to add watermarks to content generated by its Claude AI is the company's most severe act of self-sabotage to date.
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A critical consensus vulnerability has emerged in the Ravencoin network, potentially leading to a deep chain reorganization.
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Santiment: Number of elite whales holding over 10,000 BTC rises to 90, hitting a six-month high.
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Maven11Capital’s associated wallet withdrew 202,700 HYPE tokens from OKX, valued at approximately $11.17 million.
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The SushiSwap community has proposed restructuring its tokenomics, with plans to establish a SUSHI strategic reserve.
3 minutes ago
Maven11 Capital withdraws 202,705 $HYPE ($11.17M) from OKX, signals potential buying shift
3 minutes ago
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