Follow earnings-related crypto news, quarterly results, mining revenue, exchange performance, and financial updates from digital asset firms.
The trading app company was seemingly affected by the harsh crypto market.
Mike Dalton 1 min read 
CEO Barry Silbert addressed the suspension of withdrawals at Genesis Global Capital and listed the company's current liabilities.
CEO of Elixxir and cryptography pioneer, David Chaum, expressed that the ongoing issues in centralized finance might hopefully be able to "stimulate the adoption of this next generation of technology" without the vulnerabilities.
The earnings call for Marathon Digital revealed a strong foundation for the coming as it looks to increase efficiency and its renewable energy mix.
Coinbase noted that trading volume has been shifting away from the U.S. as its U.S. monthly volume was down more than 50% at the end of September compared to January.
Coinbase reported the biggest loss ever in Q2, losing more than $1B over the past 3 months. Assets held on the exchange also fell to just $96 million.
Robinhood is getting rid of 23% of its workforce due to dipping revenues and a crypto bear market.
This is the first time London-based Coinshares has posted a negative quarter since its market debut.
COIN is up 50% since July 26 as analysts forecast better than expected results upon release of the second-quarter earnings report on August 9.
