Transaction URL: https://etherscan.io/tx/0x986ada970cbafc3ed40e655431ec82bbf3574853c7332b91e2b914135ded6291
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Crypto.com has achieved a remarkable financial milestone recording $1.5 billion in revenue during 2024. CEO Kris Marszalek attributes the success to robust trading activity from its 140 million users coupled with Bitcoin’s rally to new all-time highs. The exchange not only increased its operational efficiency to secure approximately $1 billion in gross profits but also invested heavily in market expansion.
Strategic investments of around $700 million in user acquisition and branding initiatives paid off leaving the company with a net profit of $300 million. Amidst this financial success Crypto.com ranked as the fastest-growing exchange of the year according to CoinGecko with trading volume soaring nearly 1000% from the previous year. This growth has positioned Crypto.com as a dominant player holding a 6.85% market share.
Looking forward Marszalek is optimistic about further expansion particularly in the US market bolstered by promising discussions with the President. The company’s strong regulatory stance and continuous investment in innovation are set to drive its ambitious plans for 2025 positioning Crypto.com at the forefront of the crypto industry.
Bitcoin’s cultural footprint has evolved significantly, from peer-to-peer currency to a canvas for artistic and community expression through Ordinals. Now, Blockware, a pioneer known for introducing mining-as-a-service to North America, is bridging two foundational aspects of the Bitcoin ecosystem—mining infrastructure and digital collectibles—through a unique model of community-driven participation and reward distribution.
Blockware, having mined over 15,000 BTC, deployed more than 500 MW of energy, and distributed over 400,000 mining servers, is leveraging its scale and expertise to introduce an innovative concept: integrating Bitcoin mining rewards with Ordinals to foster…
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When Ripple CEO Brad Garlinghouse shared on the Digital Asset Summit stage that the SEC plans to drop its appeal against Ripple, attendees in North Javits’ main auditorium gave a standing ovation.
The SEC’s appeal was one of the remaining major legal cases against a crypto player after the revamped securities regulator dismissed its suit against Coinbase and ended probes into other segment firms.
It was “a painful journey,” Garlinghouse noted, spurred by an agency “trying to bully” companies in the segment.
“As we said then…I really, deeply believed that we were…
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In Washington, the Federal Open Market Committee (FOMC) has just wrapped its March policy-setting meeting. As expected, central bankers left interest rates unchanged.
What’s more interesting, though, is that most committee members are still expecting two 25-basis point rate cuts before the end of the year.
It’s the first summary of economic projections released so far this year. Central bankers also lowered growth expectations for 2025; they currently expect real GDP in 2025 to increase by 1.7%, down from their December projection of 2.1%. They also increased their expectations…
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President Donald Trump is expected to deliver a speech at Blockworks’ Digital Asset Summit (DAS) in New York City on March 20. This will be the first time a sitting U.S. president has addressed a Bitcoin and crypto conference, highlighting the growing influence of digital assets in mainstream financial policy.
Although this marks his first speech as a sitting president at a crypto event, Trump has previously engaged with the Bitcoin community, having spoken at the world’s largest Bitcoin conference in Nashville last summer while on the campaign trail. His return to the stage now as president further highlights the continued support from the U.S. government on Bitcoin.
Trump’s…
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It has recently come to my attention that multiple U.S. Congressmen who have taken very public pro-Bitcoin stances are not even aware of the currently unfolding prosecution of Samourai Wallet developers Keonne Rodriguez and William Hill.
This is simply mind-boggling to me as a Bitcoiner. The current legal prosecution of the Samourai team, as well as the relevant prosecutions against Roman Sterlingov, accused of operating the mixer Bitcoin Fog, and Roman Storm and Roman Semenov, two developers behind Tornado Cash, are the most important legal cases impacting the sovereign and private use of Bitcoin on the docket today..
Roman Storm is sitting in jail right now after a conviction…
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