Wallet provider Exodus expects to reach a net loss of $11 million by 2025
On March 12, wallet provider Exodus Movement, Inc. reported a full-year net loss of $11.4 million for 2025—down from a net profit of $113 million in 2024, per official sources.
Despite posting record annual revenue of $1.216 billion (a 5% year-over-year increase), the company ended the year in the red. The revenue milestone was driven by growth in its enterprise-to-enterprise product, XO Swap. Exodus noted its full-year swap trading volume rose 21% to $68.9 billion, accounting for 19% of its fourth-quarter revenue.
Key drivers of the loss included a $18.9 million net loss on digital assets in 2025—compared to a $96.1 million profit from digital assets in 2024. Operating expenses also jumped sharply: technology, development, and user support costs rose 37% to $62.9 million, while general and administrative (G&A) expenses surged 68% to $66.3 million.
The cryptocurrency market downturn weighed on Q4 performance: revenue fell 34% from $44.8 million in Q4 2024 to $29.5 million in Q
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GoPlus: Among the Top 100 Skills in the ClawHub ecosystem, 21% have clearly high-risk operations
On March 12, GoPlus published a social media report detailing a full security scan of the top 100 high-frequency download Skills in the ClawHub ecosystem.
The scan found 21 (21%) of the Skills were blocked, while 17 (17%) were flagged as requiring a warning.
GoPlus emphasized that the 21% of blocked Skills involve clear high-risk operations—including direct network penetration, sensitive API calls, and automated messaging. For these, the firm recommends mandatory implementation of a Human-in-the-Loop (HITL) human confirmation mechanism to manually review risky behaviors before execution.
The 17% of warned Skills carry moderate risks; users are advised to exercise caution when running them. For those with high security requirements, manual confirmation is also recommended.
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Preview: The US Department of Labor will release the latest employment data tonight at 8:30 PM
**March 12: U.S. Labor Department to Release Initial Jobless Claims Data**
The report, covering the week ended March 7, will be published at 7:30 AM U.S. Eastern Time (8:30 PM Beijing Time tonight) and may trigger market volatility.
### Notes on American English Adaptation:
1. **Time Localization**: Swapped Beijing Time for **U.S. Eastern Time** (EST/EDT) — the standard reference for U.S. economic data releases (aligns with Wall Street’s trading hours).
2. **Conciseness**: Used "Labor Department" (common shorthand for "Department of Labor") and dropped redundant articles for brevity (typical of news alerts).
3. **Vocabulary**: "Trigger" (vs. "cause") and "spark" (alternate option) are more active, newsworthy verbs for market impact.
4. **Structure**: Led with the key event first, then context (data period, time, impact) — matches U.S. media’s priority for actionable information.
If you prefer to keep Beijing Time as the primary time (per original context but note U.S. time
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BSC Chinese Meme Coin 'Lobster' Market Cap briefly surpasses $27 million, surging 30% in 1 hour
On March 12th, GMGN monitoring data shows the BSC-based Chinese meme coin "Lobster" posted a short-term 30% surge. Its market cap exceeded $27 million (hitting an all-time high) before currently settling at $25.4 million. The 24-hour gain stands at 200%, with 24-hour trading volume reaching $412 million over the same period.
BlockBeats Note: Meme coins are highly volatile, relying heavily on market sentiment and hype—they have no intrinsic value or real-world use case. Investors should be aware of the associated risks.
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