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Earnings May 10, 2023

Robinhood saw $38M in crypto transaction revenue in Q1 2023

Robinhood saw total transaction revenue grow 11% despite a 1% drop in crypto revenue.

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Mike Dalton Mike Dalton has published within the past 30 days.

Former Journalist CryptoSlate

Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.

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Total Articles 1,314

Since Dec 2022

Last Active Jul 18, 2024

Primary Beat Regulation

Arkham says US government not moving Bitcoin; labeling issues continue

Arkham says US government not moving Bitcoin; labeling issues continue

Similar rumors emerged in April due to incorrect community wallet labels.

Binance chief strategy officer criticizes US crypto rules; exchange wants to be regulated in UK

Binance chief strategy officer criticizes US crypto rules; exchange wants to be regulated in UK

The company will "do everything [it] possibly can" to be regulated in the U.K.

Grayscale establishes funds trust, files for three new crypto funds

Grayscale establishes funds trust, files for three new crypto funds

Those funds involve Bitcoin ETPs, Ethereum futures, and to a lesser extent, Zcash.

Biden calls for end to tax loopholes that benefit ‘wealthy crypto investors’

Biden calls for end to tax loopholes that benefit ‘wealthy crypto investors’

The President cast those opposed to his tax plan as "MAGA Republicans."

DCG is ‘in discussions’ with capital providers amidst Genesis mediation

DCG is ‘in discussions’ with capital providers amidst Genesis mediation

The company expressed support for creditors who are in mediation with Genesis.

Marathon, Zero Two to launch sustainable mining operation in Abu Dhabi

Marathon, Zero Two to launch sustainable mining operation in Abu Dhabi

The operation will have a total energy capacity of 250 MW and a hashrate of 7 EH/s.

Limewire has raised over $16M for its blockchain-focused revival

Limewire has raised over $16M for its blockchain-focused revival

The project's LWMR token will be listed on top exchanges in the coming days.

Blockchain Association objects to SEC’s proposed custody rule change

Blockchain Association objects to SEC’s proposed custody rule change

The proposal is "unlawful" and could impact the crypto industry, one member said.

Bittrex files for US bankruptcy; will not halt global operations

Bittrex files for US bankruptcy; will not halt global operations

The firm recently announced plans to halt U.S. operations after facing SEC charges.

Ripple pegs SEC lawsuit costs at $200M; plans Dubai expansion

Ripple pegs SEC lawsuit costs at $200M; plans Dubai expansion

CEO Brad Garlinghouse commented on his firm's attempts to find favorable regulation.

Paxful reopening after month-long shutdown

Paxful reopening after month-long shutdown

The P2P crypto marketplace will restore market functionality in the coming days.

OpenAI CEO’s Worldcoin project launches wallet app

OpenAI CEO’s Worldcoin project launches wallet app

Worldcoin, founded by Sam Altman, is set to launch its WLD token this year.