Tether Releases Q1 2023 Results, Reports $1.48 Billion Net Income

Tether, the issuer of the first capitalized USDT stabelcoin, released its results for the first quarter of 2023. According to the report, the company's net income was $1.48 billion. The company's total assets reached $81.8 billion. Of these, about $2.44 billion are claime ...

Robinhood Reports Better-Than-Expected Financial Results in Q1 2023

The company delivered a successful earnings report After its release, its stock rose Trading app Robinhood reported first-quarter financial results. They were better than expected, even though trading volumes remain lower than a year ago. So, Robinhood recorde ...

Canaan’s Q4 Revenue Collapses by 82% as Cryptocurrency Market Falters

Canaan, the ASIC miner manufacturer based in China, has reported its financial results to the US Securities and Exchange Commission (SEC), indicating a massive 82% drop in revenue during the last quarter of the year. The report shows that the company earned a meager $56.8 million during October-D ...