NFT Sales Sales Volume Hits Record High of $10.7B in Q3

Rising over eight times from the second quarter record, sales volumes of non-fungible tokens (NFTs) grow to $10.7 billion in the third quarter of 2021.

ZKSwap to incorporate NFT protocol ZKBox in V3

The NFT market has grown to over $2.5 billion in the second quarter of 2021 from $13.7 million in the first half of 2020.

Crypto Trading Income eToro Spikes to $264 Million in Q2

eToro has posted a massive increase in cryptocurrency income that accounts for 73% for its entire trading commissions in the second quarter 2021.

62% of Robinhood’s Q2 crypto revenue was from Dogecoin trading

Around 41% of Robinhood’s quarterly revenues were generated by crypto trading. Popular retail trading app, Robinhood, has revealed crypto trading surged in popularity on the platform and now represents 41% of its revenue.According to its second-quarter financial results published Aug.

Nvidia's Ethereum Mining Chips Fall $134M Short of Q2 Earnings Projections

Nvidia's CMP product line took in $266 million in the second quarter.

Global Crypto Adoption Up 2,300% in Two Years - Chainalysis

Crypto adoption as of the end of the second quarter 2021 has been up by more than 2,300% compared to Q3 2019 on a global basis, and over 881% in the last year, according to a report by blockchain analysis firm Chainalysis.

Crypto Sector World’s 3rd Industry in Phishing Attacks Growth - Report

Phishing activities continue to intensify across the world, with their volume for the second quarter of 2021 outpacing the same period last year by 22%.

The Big Short's Michael Burry takes aim at Cathie Wood’s ARK Innovation ETF

Michael Burry called the subprime mortgage crisis and he's now turned his attention to ARK's flagship Innovation ETF which invests in companies like Tesla and Square as well as GBTC. Michael Burry, the investor made famous by The Big Short movie, has taken out a major short position against Cathie Woods’ ARK Innovation ETFAccording to second-quarter 13f filings, Burry’s hedge fund Scion Asset Management has purchased $31 million worth of bearish put options against 235,000 shares of the ETF.

Billionaire Mike Novogratz unfazed by Galaxy Digital’s $175.8M loss in Q2

Galaxy Digital founder and CEO Mike Novogratz was unfazed by the firm’s $175.8 million loss as he emphasized the importance of digital asset adoption. Mike Novogratz’s crypto investment firm Galaxy Digital Holdings has posted a second-quarter loss of $175.8 million.

Bitcoin's second quarter stats you ought to know

Bitcoin, the largest crypto has seen it all in recent time.

Coinbase Smashes Revenue Record, Brings In $2,000,000,000 in Second Quarter

Coinbase generated a record net revenue of $2 billion from transactions, subscriptions, and services in the second quarter of 2021 as the platform’s monthly transacting users (MTUs) increased by 8.8 million – up 44% from Q1.

Digital insurer Metromile follows through with $1M Bitcoin purchase

In May, the company said it intended to allocate $10 million towards Bitcoin in the second quarter of 2021. San Francisco-based technology firm Metromile has used 10% of the funds it previously said would be allocated towards crypto to buy Bitcoin.According to an Aug.

Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex

Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter.

Coinbase Records Impressive Growth in Q2 Revenue, Earning 2.23B and Exceeding Analysts’ Expectations

Despite a volatile second-quarter period, Coinbase saw revenue increase in its cryptocurrency business, earning $2.23 billion in revenue.

Coinbase Sees Record Q2 Revenue of $2B, 95% from Transaction Fees

US cryptocurrency exchange Coinbase has just released its second-quarter revenue figures and, as expected, they are monstrous.

South Korean banks doubled crypto transaction fee revenue in Q2

Shinban Bank, K bank and NH Nonghyup Bank reported a total revenue of 16.9 billion won coming out of partnerships with four crypto exchanges. Three South Korean banks with crypto exchange partnerships have reportedly made $14.71 million in transaction fees in the second quarter of 2021.According to The Korea Herald, Shinban Bank, K bank and NH Nonghyup Bank announced a total revenue of 16.9 billion South Korean won in Q2.

South Korean Banks Earns More Than Double Revenue from Crypto Transactions in Q2

Despite heavy fluctuations in the cryptocurrency market in the second quarter of this year, South Korean banks enjoyed a sharp increase in revenue from crypto transaction fees.

Three White Soldiers: The Signal That Shows Bitcoin Bulls Are Preparing For Battle

Bitcoin price just touched $46,000 for the first time in months following the worst second quarter selloff on record.

Crypto Loans Still Booming, Bitcoin Losing Its Share

Digital currency prime brokerage Genesis said its new loan originations increased almost 700% year-over-year to an all-time high of USD 25bn in this year's second quarter and were also 60% higher than in the first quarter this year.

Cash App’s quarterly Bitcoin revenue triples despite BTC impairment loss for Square

Jack Dorsey’s Square made more than 90% more gross profit than the same period last year, with $546 million coming from Cash App’s Bitcoin services. Jack Dorsey’s Square has reported a 200% increase in Bitcoin revenue for the second quarter year-on-year (YoY).The company announced the impressive earnings figures in its second-quarter shareholder letter on August 1.

Japan’s Crypto Titans Post High Crypto Biz Profits, Pivot Towards Altcoins

Two of Japan’s biggest crypto players – the financial giants the SBI and Monex groups – have posted high crypto profits in their second-quarter reports. Both firms have a range of diverse crypto interests, both at home and abroad.

MicroStrategy Continues to Invest in Digital Assets amid Holding 105,085 BTCs

The leading enterprise analytics platform MicroStrategy released its financial report for the second quarter of 2021 Thursday.

PayPal Talks up ‘Crypto Capabilities’ of New App, Calls DeFi Applications ‘Interesting’

The payments giant PayPal, that ended the second quarter with 403m active accounts, has teased a new “super app” that it says will feature “additional crypto capabilities,” claiming that the app is “code complete” and will be readied for rollout in the United States in the next few months. The claims were made during the firm’s Quarter 2 2021 investors’ call.

Tesla Records $23M Impairment Loss on BTC, Despite Revenue and Profit both Exceeded Expectations in Q2 Financial Report

American electric vehicle manufacturer Tesla released its second-quarter financial report on Monday.

Blockchain Startups Raised over $4 Billion in VC Funding in Q2 2021

Blockchain-based projects received upwards of $4B in VC funding in the second quarter of 2021 alone.

Bitcoin is key to the future of Twitter, Jack Dorsey says

Twitter CEO sees opportunities to integrate Bitcoin into services like commerce, subscriptions and new features like Twitter Tip Jar and Super Follows. Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, will be one of the key trends for the future of Twitter, CEO Jack Dorsey declared.Twitter CEO said that Bitcoin would be a “big part” of the company’s future at the second-quarter earnings call, outlining the digital currency’s potential to further transform Twitter products and services.Referring to Bitcoin as a native currency of the internet, Dorsey described opportunities to integrate BTC into existing Twitter services including commerce, subscriptions and new features like Twitter Tip Jar and Super Follows.The CEO explained to investors that a lot of Bitcoin-enabled innovation is “above just currency to be had,” as Twitter is committed to decentralize social media and provide more economic incentives.

Robinhood warns a crypto revenue drop is coming amid IPO filing

According to the trading app, it expects its Q3 2021 revenue to be lower as a result of increased crypto trading in the first quarter, driven in part by Dogecoin. Stock and cryptocurrency trading app Robinhood is expecting its quarterly revenue to decrease based on significantly high trading volume earlier this year.In an amendment to its Form S-1 filed with the United States Securities and Exchange Commission on Monday, Robinhood reported that its trading activity for January and February was "particularly high" but had dropped by the end of the second quarter of 2021.

Daily Dogecoin volume soared to nearly $1B during Q2

DOGE is estimated to have represented up to 5% of all crypto volume during the second quarter of 2021.

Ethereum Could Settle $8,000,000,000,000 in Transactions This Year – Here’s What’s Behind the Surge

New numbers from cryptocurrency data firm Messari show the Ethereum network settled $2.5 trillion in transactions in the second quarter of 2021.

Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US

Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States.