A joint motion filed by Ripple and the SEC in the U.S. District Court for the Southern District of New York indicates that the parties have reached a settlement agreement and are seeking an indicative ruling to terminate the injunction against Ripple and release $125 million in escrowed civil penalties. Under the agreement, Ripple will pay $50 million to the SEC, with the remaining funds returned to Ripple. — link : Wu Blockchain News
Dropbox
SEC v. Ripple Settlement Agreement.pdf
Shared with Dropbox
😍2❤1
Coinbase releases Q1 2025 earnings, showing total revenue of $2.0 billion - Shareholder Letter
🏷️ Coinbase,oinbase, Earningsarnings : Leviathan News
🏷️ Coinbase,oinbase, Earningsarnings : Leviathan News
Coinbase reported Q1 2025 earnings with revenue of $2.03 billion, below the market expectation of $2.2 billion. Transaction revenue was $1.26 billion, with trading volume reaching $393 billion, exceeding estimates. Adjusted EBITDA was $930 million, net income was $66 million, and adjusted net income was $527 million. USDC balances increased by 49% quarter-over-quarter, derivatives trading volume reached $804 billion, and assets under custody rose by $25 billion. — link : Wu Blockchain News
X (formerly Twitter)
Wall St Engine (@wallstengine) on X
$COIN | Coinbase Q1'5 Earnings Highlights
🔹 Revenue: $2.03B (Est. $2.2B) 🔴
🔹 Adj. EPS: $0.24 (Est. $2.09) 🔴
🔹 Transaction Revenue: $1.26B (Est. $1.33B) 🔴
🔹 Subscription & Services Revenue:…
🔹 Revenue: $2.03B (Est. $2.2B) 🔴
🔹 Adj. EPS: $0.24 (Est. $2.09) 🔴
🔹 Transaction Revenue: $1.26B (Est. $1.33B) 🔴
🔹 Subscription & Services Revenue:…
Bridge introduces $USDB, a programmable stablecoin with built-in rewards designed for developers backd by cash and BlackRock money market funds - 𝕏/@Stablecoin
🏷️ Stablecoins, ablecoins, BlackRock, ackRock, Marketsrkets : Leviathan News
🏷️ Stablecoins, ablecoins, BlackRock, ackRock, Marketsrkets : Leviathan News
💯2❤1👎1🕊1
The weighted average cash cost to produce one Bitcoin among publicly listed miners increased to approximately $82,162 in Q4 2024, up from $55,950 in Q3 — a 47% rise.
Excluding Hut 8, whose figures were skewed by a significant tax expense, the average cost stood at $75,767, representing a 35% quarter-over-quarter increase — link : unfolded.
Excluding Hut 8, whose figures were skewed by a significant tax expense, the average cost stood at $75,767, representing a 35% quarter-over-quarter increase — link : unfolded.