ChainCatcher news, Canaan Inc. (NASDAQ: CAN) today released its unaudited financial performance report for the period ending September 30, 2024.The report shows that total revenue for the quarter was $73.61 million, an increase of 120.9% year-over-year; total sales hash rate was approximately 7.3 million Thash/s, an increase of 93.8% year-over-year; mining revenue was $8.96 million, with 147 bitcoins mined, averaging $61,034 per bitcoin; operating loss was $56.84 million, narrowing by 49.6% year-over-year.As of September 30, 2024, the company held a total of 1,231.3 bitcoins, with a fair value of cryptocurrency assets and cryptocurrency receivables totaling $79.02 million.

ChainCatcher message, according to the Solana Q2 financial report released by Coin98 Analytics, the Solana network fees and revenue experienced significant growth in the quarter, with a year-on-year increase of over 42 times; the total trading volume of SOL reached $292 billion, nearly 7 times higher than the same period last year.In addition, the Solana Q2 network and ecosystem metrics are as follows:Over 15.3 billion transactions conducted (including voting and non-voting);TVL reached $3.4 billion, a year-on-year increase of 10 times;New minted NFTs exceeded 98 million, a year-on-year increase of 54 times;On-chain USDC market capitalization reached $2.15 billion (approximately 70% of the total USDC market capitalization).

ChainCatcher news, Robinhood's revenue from cryptocurrency trading increased by 10% year-on-year in the fourth quarter of 2023, reaching $43 million due to the rise in users trading cryptocurrencies. According to FactSet data, the trading platform's total revenue for the fourth quarter was $471 million, exceeding the analysts' average expectation of $454.7 million. Meanwhile, earnings per share were $0.03, surpassing the expected loss of $0.01 per share.

ChainCatcher news, Messari released the Avalanche Q2 2023 report, which shows that the average daily active addresses and transaction volume on the Avalanche C chain increased by 132.1% and 162.2%, respectively. AVAX revenue grew by 173.1% quarter-over-quarter (150.3% growth in USD terms).Part of the revenue growth is attributed to a 5.9% increase in transaction fees, but it is mainly due to the activities of LayerZero. The TVL in USD terms decreased by 19.4% quarter-over-quarter. However, the TVL in AVAX terms increased by 9.7%, indicating that new capital inflows are driving the TVL up relative to the asset prices in USD. The secondary sales in the Avalanche NFT space decreased by 38.3% quarter-over-quarter in Q2, along with a 49.8% quarter-over-quarter decline in the number of unique NFT buyers, marking a decline for the second consecutive quarter.

ChainCatcher news, Bitcoin mining company Bitfarms reported a quarter-over-quarter revenue increase of 11% to $30 million in the first quarter of 2023, with a gross profit and gross margin of $12 million and 42%, respectively, representing a quarter-over-quarter increase of 50% and 33%. In the first quarter, Bitfarms produced a total of 1,297 bitcoins, with a mining cost of $17,600 per bitcoin. Additionally, Bitfarms sold 1,267 bitcoins at an average price of $22,500 in the first quarter, with part of the proceeds used to repay equipment-related debts. (source link)