ChainCatcher news, Bitcoin mining company BitFuFu reported that total revenue for the third quarter of 2024 increased by 47.5% compared to last year, reaching $90.3 million. Among this, revenue from cloud mining solutions was $68.9 million, accounting for 76.3% of total revenue, a 51.4% increase from $45.5 million in the same period of 2023; revenue from Bitcoin self-mining operations was $20.5 million, accounting for 22.7% of total revenue, a 40.4% increase from $14.6 million in the same period of 2023. As of September 30, 2024, the total balance of cash, cash equivalents, and digital assets was $142.7 million.

ChainCatcher news, according to Dune data, the cumulative revenue of the pump.fun platform has reached 1,034,021 SOL. Based on the current price of SOL at $176.36, this is worth approximately $182 million.

ChainCatcher news, according to DefiLlama data, as of October 10, the Solana ecosystem meme coin issuance platform pump.fun has accumulated revenue of over 120 million USD, currently at 123.35 million USD.

ChainCatcher news, Sun Yuchen posted on platform X stating that the TRON network's total revenue for Q3 was $577 million, the highest level since the protocol was established, representing a 43% increase compared to the second quarter.

According to ChainCatcher news, citing data from VG Insights, since its release on August 20, 2024, Black Myth: Wukong has sold over 20 million copies on the Steam platform in its first month, with total revenue exceeding $961 million (approximately 6.795 billion RMB).In addition to Steam, the game is also available on WeGame, PlayStation, and Epic platforms. Black Myth: Wukong has a Steam positive review rate of 96.04%, with a peak concurrent player count of 575,940 within 24 hours. Investor Wu Dan from Game Science expects the game's lifetime sales to reach 30 million copies, and future DLC will also be released.

ChainCatcher news, according to Token Terminal, Uniswap Labs' total revenue has exceeded $50 million to date.

ChainCatcher news, according to estimates from the foreign market research company vginsights, since its release, "Black Myth: Wukong" has sold over 8.4 million copies on the Steam platform within three days, with a positive review rate exceeding 97%, an average playtime of 9.7 hours, and total revenue surpassing 400 million dollars.

ChainCatcher news, Hong Kong listed company OSL Group has released its interim results announcement for the six months ending June 30, 2024.Key performance data:The International Financial Reporting Standards revenue from digital asset and blockchain platform business was HKD 123.8 million, a year-on-year increase of 17.7% compared to HKD 100.52 million last year;The loss from continuing operations significantly decreased by 90.2% year-on-year from HKD 98.9 million to HKD 9.6 million;The digital asset balance includes approximately HKD 179 million held by the Group in designated client accounts under various contractual arrangements (December 31, 2023: HKD 639 million). Additionally, it includes the Group's proprietary digital assets of approximately HKD 258 million (December 31, 2023: HKD 184 million). The balance is measured at fair value through profit or loss;As of June 30, 2024, the fair value of digital assets received from clients and held on their behalf by the wholly-owned subsidiary and Hong Kong Securities and Futures Commission licensed corporation OSL Digital Securities Limited was approximately HKD 3.612 billion (December 31, 2023: HKD 874 million).

ChainCatcher news, Bitdeer announced its unaudited financial results for the second quarter of 2024.Specific information:Total revenue was $99.2 million, compared to $93.8 million in the second quarter of 2023.Cost of revenue was $74.8 million, compared to $77.7 million in the second quarter of 2023.Gross profit was $24.4 million, compared to $16.2 million in the second quarter of 2023.Net loss was $17.7 million, compared to $40.4 million in the second quarter of 2023.Adjusted EBITDA was $24.9 million, compared to $18.7 million in the second quarter of 2023.As of June 30, 2024, cash and cash equivalents were $203.9 million.Bitdeer Chief Business Officer Matt Kong stated that the company launched the mass production of the first batch of SEALMINER A1 chips this quarter and plans to install 3.4 EH/s of computing power in its own data centers by the end of the year. The initial wafer for the second-generation SEAL02 chips will be delivered by TSMC, expected by the end of September. After successful testing, mass production is anticipated before the end of the year. Additionally, the development of the third-generation SEAL03 chips has also begun.

ChainCatcher news, Dune data shows that the current number of users of the decentralized social protocol Farcaster has exceeded 650,000, but daily active users and user engagement have declined from their peak (daily active users are between 43,000 and 46,000).In addition, Farcaster's total revenue has surpassed $2.23 million, currently reaching $2.233 million.

ChainCatcher news, North American Bitcoin mining and hosting service provider Core Scientific announced that it has signed a series of 12-year contracts with AI super-scale company CoreWeave. The agreement is expected to generate an average annual revenue of approximately $290 million, with total cumulative revenue exceeding $3.5 billion over the 12-year period.According to the contract, CoreWeave will fund all capital investments required to modify Core Scientific's existing infrastructure. To offset costs, CoreWeave plans to provide Core Scientific with a loan of approximately $300 million, which will be gradually deducted from its monthly hosting fees.

ChainCatcher news, Bitcoin mining company BitFuFu announced its unaudited first quarter financial report for the period ending March 31, 2024, with total revenue of $144.4 million, an increase of 149% compared to $58 million in the same period of 2023; revenue from cloud mining solutions was $81.5 million, up 181% from $29 million in the same period of 2023.As of March 31, 2024, its consolidated cash, cash equivalents, and digital assets balance was $163.7 million.Due to the increased difficulty in BTC mining, BitFuFu's self-mined BTC output in the first quarter decreased by 11% from 1,239 BTC in the same period of 2023 to 1,103 BTC. Revenue from Bitcoin self-mining operations was $60.1 million, an increase of 117% compared to $27.7 million in the same period of 2023. (Globenewswire)

ChainCatcher news, Bitcoin mining company Bitfarms Ltd. announced its financial performance for the first quarter ending March 31, 2024. In the previous quarter, its hash rate reached 7.0 EH/s, up from 6.5 EH/s in the first quarter of 2024, with an average daily production of 10.4 BTC.In addition, Bitfarms' total financial revenue for the first quarter of 2024 reached $50 million, a 9% increase from $46 million in the fourth quarter of 2023; the operating loss was $24 million, which includes $19 million in accelerated depreciation of old mining machines, compared to an operating loss of $13 million in the fourth quarter of 2023, which included a non-cash reversal of $1 million in digital asset revaluation losses and $2 million in non-cash impairment expenses.The company produced a total of 943 bitcoins in the first quarter.

ChainCatcher news, Bitdeer announced its unaudited financial performance and operational update for the first quarter of 2024.Details:Total revenue was $119.5 million, compared to $72.6 million in the first quarter of 2023.Net profit was $600,000, compared to a net loss of $9.5 million in the first quarter of 2023.Adjusted profit was $8.4 million, compared to $2.8 million in the first quarter of 2023.Adjusted EBITDA was $26 million, compared to $18.5 million in the first quarter of 2023.As of March 31, 2024, cash and cash equivalents were $118.5 million.

ChainCatcher news, CoinShares today announced its annual report for 2023, with total revenue, earnings, and other income of £85.7 million (2022: £72.2 million), including asset management fees of £43 million (2022: £50.1 million), capital market gains and other income of £39 million (2022: £26.1 million), principal investment income of £3.7 million (2022: loss of £4.9 million), and adjusted EBITDA of £57.3 million (2022: adjusted EBITDA loss of £6.8 million).

ChainCatcher news, Intercontinental Exchange (ICE) subsidiary digital asset company Bakkt released its financial report, with total revenue growing to $780 million in 2023, but a net loss of $226 million, a decrease of 89% compared to the previous year.Bakkt stated that its revenue growth from $56 million in 2022 was attributed to the successful acquisition and integration of Bakkt Crypto (formerly Apex Crypto) in April last year. However, due to increased costs related to cryptocurrency trading, the platform's operating expenses soared to over $1 billion.

ChainCatcher news, Bitdeer announced its financial and operational performance for the fourth quarter of 2023, with total revenue of approximately $114.8 million, compared to $77.1 million in the fourth quarter of 2022.In addition, its self-mining revenue was approximately $46.9 million, while in the fourth quarter of 2022 it was $10.6 million. Cloud computing revenue was approximately $16.3 million, general hosting revenue was approximately $25.2 million, and membership hosting revenue was approximately $23.4 million. Adjusted EBITDA was between $32.1 million and $38.1 million, and as of December 31, 2023, cash and cash equivalents were approximately $144.7 million. The total amount of Bitcoin mined (self-mining only) was approximately 1,299 coins.

ChainCatcher news, the encrypted mining company Riot Platforms, Inc. (NASDAQ: RIOT) announced its financial results for the year ended December 31, 2023. The company generated a record total revenue of $280.7 million, produced 6,626 bitcoins, and achieved a peak hash rate of 12.4 EH/s.Company CEO Jason Les stated that 2023 was another milestone year for Riot, as the company made significant progress in key strategic development goals by completing the 700 MW Rockdale facility expansion, successfully scaling its power strategy, reaching a long-term fixed-price supply agreement with MicroBT, and developing the 1 GW Corsicana facility.

ChainCatcher news, DLNews cites Dune panel data stating that MakerDAO's annual total revenue of $243 million is contributed by cryptocurrency-backed loans amounting to $122 million, accounting for over 50%, while RWA assets have shrunk to $2.1 billion, only making up 44% of MakerDAO's revenue. However, in November 2023, MakerDAO's RWA assets once exceeded $3.5 billion, contributing more than two-thirds of its revenue.In response, Sam MacPherson, CEO of Phoenix Labs and creator of MakerDAO's lending application Spark Lend, stated: "Maker earns more revenue from DeFi-native loans because it attracts more on-chain users looking to leverage during a bull market."