Riot Platforms, a NASDAQ-listed Bitcoin miner, reported a net loss of $84.4 million in its latest quarterly financial report, even as the price of the world’s largest crypto remained relatively stable. Instead, its loss was primarily driven by a 52% year-over-year (YOY) decline in the number of Bitcoin mined between April 1 and June 31, Riot said Wednesday. Riot also reported a non-cash stock-based compensation expense of $32.1 million, along with depreciation and amortization costs amounting to...
How Founders Can Revitalize VC Tokens
To get listed on major exchanges, many crypto projects are over-inflating their valuations at launch, scaring away investors. How do founders get exposure to VC funding withou...
Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims
Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, a report said.
Protocol Village: Radix Launches 'RadQuest,' Eclipse Mainnet Opens to Builders
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 25-31.
Popular 'Simon’s Cat' to Join Cat Coin Fray With Issuance on Floki Launchpad
Simon's Cat is one of the world's biggest cat meme brands and animation series by social media followers.
CoinDesk 20 Performance Update: XRP and SOL Outperform as Index Climbs 1.3%
Ripple's XRP gained 3.5%, while Solana's SOL rose 2.6%
The Bahamas 'Dares' Again 1.5 Years After FTX Collapse, Brings in New Crypto Law
The Bahamas' Parliament passed the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), The Securities Commission of The Bahamas announced on Tuesday.