BITPRISMIA
Coinbase's Q2 2023 financial report showed a total revenue of $1.5 billion, missing market estimates and reflecting a 26% quarter-over-quarter decrease, with stablecoin revenue being a strong performer at $330 million.
Tether reported a $4.9 billion profit in Q2 2023 and holds $127 billion in U.S. Treasuries, reinforcing its financial strength and the stability of USDT.
Kraken reported significant Q2 revenue growth of 18% year-over-year, reaching $412 million, despite a slight dip in pre-tax profit, driven by increased trading volume and user base expansion.
The Cardano Foundation increased its spending on core areas by 15% in 2024, focusing on real-world blockchain applications, with total assets rising to $659.1 million primarily held in ADA, BTC, and cash equivalents.