Binance Coin (BNB), the digital currency of the Binance ecosystem will no longer be subjected to a quarterly burn as the exchange has introduced an automatic burning schedule to replace…
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Quarterly
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- Blockchain
Coinbase Invests $500M in Cash and Cash Equivalents and to Allocate 10% of Quarterly Net Income in Crypto
by Mikiby MikiCryptocurrency exchange Coinbase said it has committed $500 million in cash and cash equivalents, and 10% of its quarterly net income will be invested in a portfolio of crypto assets.…
- Blockchain
Despite $45M Square’s BTC Impairment Loss, Cash App’s Quarterly Bitcoin revenue has Tripled
by Mikiby MikiDigital payment giant Square officially released the Shareholder Letter of the second quarter of 2021 on Sunday. Its financial data for the quarter showed that although the company’s Bitcoin holdings…
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The Bitcoin mining industry’s sustainable electricity mix grows up to 56% Bitcoin Mining Council’s (BMC) July data revealed an approximately 56% hike in sustainable energy consumption by the global Bitcoin…