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Financial Reporting
Chip Maker TSMC Reports 'Big Drop' in Crypto Mining Revenue
Chip-making giant TSMC has reported a significant drop in revenue for its crypto mining segment in 2018.
GMO Quits Selling Mining Machines After Crypto Market Downturn
Japanese IT giant GMO Internet plans to stop making and selling crypto mining machines, only months after launching its B3 miner.
Mike Novogratz’s Galaxy Digital Reports $76 Million Q3 Loss
Mike Novogratz’s crypto merchant bank, Galaxy Digital Holdings, has reported losses for the first nine months of 2018.
GMO Reports $5.6 Million Q3 Loss on Crypto Mining
Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business.
Hacked Crypto Exchange Bithumb Made $35 Million Profit in First Half 2018
South Korean cryptocurrency exchange Bithumb made net profits of about $35 million in the first half of this year, despite a rough June for the firm.
GMO's Cryptocurrency Business Made $2.3 Million Profit in Q2
After a net loss reported in Q1, the Japanese IT giant says it made an 11 percent profit through its crypto business this last quarter.
12 Chinese Banks Say They Deployed Blockchain in 2017
Nearly half of the 26 publicly listed banks in China said they deployed blockchain applications in 2017.
Square Books Small Profit for First Quarter of Bitcoin Sales
Square made $34.1 million in Q1 revenue through bitcoin sales, according to an SEC filing.
Samsung Sets Q1 Profit Record with Crypto Mining Boost
Samsung has seen record growth in quarterly operating profits – an increase driven in part by strong demand for cryptocurrency mining chips.
SEC Accountant to ICOs: Don't Skimp on Reporting
Another official at the SEC is speaking out on initial coin offerings, this time seeking to caution the market on financial reporting expectations.
