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Financial Reporting
State Street Teams up With Winklevoss-Founded Gemini Exchange for Digital Assets Trial
Boston-based State Street Corp. is partnering with cryptocurrency exchange and custodian Gemini Trust on a new pilot that examines reporting scenarios for digital assets.
Collapsed Crypto Exchange Cryptopia Owes Creditors $2.7 Million: Liquidators
The liquidators of hacked New Zealand crypto exchange Cryptopia say it owes over $2.7 million to creditors, while user losses are still unknown.
London-Listed Argo Blockchain Adds 1,000 Miners in Bid to Salvage Stock Price
Struggling crypto mining firm Argo Blockchain says it's expecting to break even in the second quarter after an investment in new equipment.
Ripple Says Sales of XRP Cryptocurrency Grew 31% in Q1
Blockchain payments startup Ripple has reported a 31 percent quarter-to-quarter increase in sales of XRP.
Coinbase Generated $520 Million in Revenue Last Year, Reuters Estimates
Cryptocurrency exchange Coinbase brought in almost $520 million in global revenue in 2018, according to Reuters' calculations.
Crypto Exchange Bithumb Posts $180 Million Loss for 2018
Bithumb, South Korea’s largest cryptocurrency exchange, has posted a net loss of 205.5 billion won ($180 million) for 2018.
Square Brought in Over $166 Million Through Bitcoin Sales Last Year
Mobile payments firm Square has reported its revenue and profits from bitcoin sales in 2018.
Australian Regulator Trials Blockchain to Automate Transaction Reporting
Australian financial regulator AUSTRAC is trialing blockchain technology to automate reporting of cross-border transactions by institutions.
Nvidia Says Crypto Drop-Off Helped Drive 'Disappointing' Fourth Quarter
Graphics card maker Nvidia has said the downturn in sales to crypto miners drove a drop in revenue in Q4, despite a record year overall.
GMO Internet’s Crypto Business Reports $12 Million Loss in 2018
Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.
