Upbit parent Dunamu’s profits drop 81% in Q3
Dunamu reported a net profit of $23 million in the third quarter of 2023, a steep drop compared to the $123 million it earned in Q3 2022.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Dunamu reported a net profit of $23 million in the third quarter of 2023, a steep drop compared to the $123 million it earned in Q3 2022.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Coinbase Says Prediction Markets Are Now a $200 Million-a-Year Business Despite a Slow Crypto Quarter
Coinbase’s prediction markets business is now bringing in more than $200 million a year on an annualized basis, while the number o...
Strategy Sold 5,552 Bitcoin and Bought 7,218 in Q3 as a $20.9 Billion Markup Drove Profit
Strategy reported $20.91 billion of operating income for the third quarter on Thursday, all of it from a $20.91 billion gain on di...
Tether Q3 Profit Hits $1.5B While USDT Reserve Buffer Nearly Doubles to $8B
Key Takeaways: In Q3, Tether achieved an operating profit of $1.5 billion. Reserve assets rose to almost $8 billion. U.S. Treasury...
Strategy CFO resigns as company posts record quarterly profit. MSTR stock falls 6%
Andrew Kang’s departure comes as Strategy reports $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC.
Jupiter Lend’s $414 Million USDC Vault Still Has Almost Nothing Free to Withdraw
Depositors in Jupiter Lend‘s USDC vault could withdraw only a sliver of their money on Friday afternoon, more than nine hours afte...
Bitcoin’s Rebound Drove Most of Tether’s $3.8 Billion Reserve Recovery
Tether held $7.95 billion more in reserves than it owed USDT holders on Sept. 30, up about $3.85 billion from the end of June, the...