Despite Crypto Bear Market, Revolut’s Revenue Climbed by 33% in 2022 (Report)
While most companies struggled last year, Revolut's revenue in 2022 reached $1.03 billion.
While most companies struggled last year, Revolut's revenue in 2022 reached $1.03 billion.
Silvergate's stocks dipped more than 30% following the company's inability to submit annual results.
DCG reported a financial loss of $1.1 billion in 2022 due to the crypto market crash and Genesis' bankruptcy.
The "market headwinds" in the cryptocurrency sector prompted Messari to lay off 15% of its team.
The Singapore bank said it saw significant growth in BTC and ETH trading volumes despite the crypto winter.Â
The firm has seen significant demand for its crypto products since November despite the bear market, according to the CEO.
Messari revealed that Tron's financial results in Q4 outperformed those from Q3, while user transactions were also on the rise.
The bank's executive believes cryptocurrencies are here to stay despite the crash.
Around eight in ten high net worth customers of deVere Group showed interest in cryptocurrencies over the last year.
The layoff, which mostly targeted non-core personnel, is due to a decline in private sector demand.