News with the tag "report"

Steak ‘n Shake's adoption of Bitcoin payments contributed to a 10.7% increase in same-store sales in Q2 2025, outperforming competitors like McDonald’s and Domino’s, while also reducing processing fees by 50%.

Former President Donald Trump allegedly ordered the dismissal of Labor Commissioner Erika McEntarfer due to a 'shockingly low' jobs report that was later revised downward by 258,000 jobs, raising concerns about economic data integrity.

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.

Publicly-listed companies have collectively acquired $47.3 billion worth of Bitcoin in 2025, surpassing spot Bitcoin ETF inflows, signaling a growing corporate embrace of Bitcoin as a strategic asset.

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.

Nexo reported a 72% year-over-year rise in crypto-backed lending usage, with significant growth in transaction volume and frequency, particularly in Southern Europe, driven by its collateralized credit line service.

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.

HTX, a global cryptocurrency exchange, has reinforced its security measures in response to increasing cyber threats in the crypto industry, including the record-breaking $1.4 billion Bybit hack, and highlights its mid-year security achievements and future commitments to a multi-layered security model.

ARK Invest's June 2025 Bitcoin Monthly Report highlights that the ratio of global M2 money supply to Bitcoin supply has reached a 12-year high, emphasizing Bitcoin's scarcity amid expanding global liquidity.