Google parent Alphabet profit surges 29% in Q2 amid AI splurge
The firm’s CEO, Sundar Pichai, said its AI products have already generated “billions” in revenue from its cloud business. Go to Source
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Bitcoin miner Riot Platforms hash rate booms 50% in June
Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s. Go to Source
Bitcoin miner Riot Platforms reports record $211M Q1 net income
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine. Go to Source
MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account. Go to Source
Donald Trump’s Ethereum wallet holds $2.8M, new statement shows
The recent disclosure ups the figure disclosed in earlier records which said Trump held between $250,000 to $500,000 in an Ethereum wallet. Go to Source
Silvergate stock plunges 31% after delayed filing raises doubts over future
Crypto-friendly bank Silvergate has delayed its 10-K filing, which reveals the financial health of the company. The news has sent its stock price down 31%. Go to Source Powered by WPeMatico
Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations
Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines AML and KYC Procedures at Bitbay Bitbay, a leading crypto trading platform in Europe, is now … Read more
