TON Strategy earns $13.1 million from GRAM staking in Q3 as Telegram rolls out native wallet
TON Strategy reported $13.1M in Q3 revenue, mostly from GRAM staking, and a $24M net loss as Telegram rolled out its native Gram Wallet.
Watchlist
Published in the last two hours. It maps to a high-priority topic hub.
Why this matters
This maps to the DeFi hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on The BlockRelated market context
Bitcoin Wallets ‘Drop’, Telegram Wallets Rise, and Both Are Nothingburgers
Crypto asset investors looking for places to put their money now have two more data points to consider. The number of nonempty bit...
The crypto wallet that grew up inside Telegram is striking out on its own
The app will offer crypto trading, tokenized U.S. stocks and ETFs, and perpetual futures, all already available through Telegram.
HIVE reports $79 million quarterly net loss as bitcoin mining revenue falls and AI business grows
HIVE reported a $78.7 million quarterly net loss and $84.9 million in revenue, including $8.8 million from its AI business.
Fidelity triples its Strategy stake to $156 million in Q3
Fidelity's increased stake in Strategy highlights growing institutional interest in Bitcoin-linked equities, potentially boosting...
Canaan’s Q3 revenue plunges 90% to $14.5 million as bitcoin mining hardware sales slump
Canaan's Q3 revenue fell 90% to $14.5 million, though cryptocurrency and derivatives gains supported an $8 million profit.
Canaan’s Q3 revenue drops 90% to $14.5 million as hardware sales collapse
Canaan's shift from hardware sales to Bitcoin mining highlights the volatility and risk in relying on cryptocurrency for profitabi...