Sentences with phrase «revenue than cryptocurrency»

Not exact matches

Nvidia Corp. shares surged Tuesday for a second straight day as analysts rallied around the chip maker, contending that its strengths more than make up for a potential downturn in cryptocurrency - related revenue and self - driving fears.

Coinbase, one of the leading exchanges for cryptocurrencies with billions of dollars exchanged on its platform, recently received a court order from the Internal Revenue Service («IRS»), to hand over information on all customers who made a transaction worth $ 20,000 or more between 2013 and 2015, which is estimated to total 8.9 million transactions impacting more than 14,000 different account holders, according to Forbes.com.

Longfin surged 1,342 percent in two days in December to a market value of more than $ 3 billion after buying a cryptocurrency company with no revenue.

The cryptocurrency mine launched by Japanese IT firm GMO Internet has generated more than $ 3 million in revenue over the past three months.

The issue of taxation and cryptocurrencies has always been someone of a contentious topic, ever since the U.S. Internal Revenue Service announced in 2014 that it would treat such assets as a taxable form of property rather than, say, a currency.

Bitcoin's price spike has led to Coinbase, a cryptocurrency exchange, generating more trading revenue than Charles Schwab.

Bitcoin's bull run, which has seen a price surge of more than 1600 percent this year, poses a threat to SARS» revenue collection efforts since it has to depend on cryptocurrency traders truthfully disclosing their profits.

The Coinbase cryptocurrency exchange has lost the claim to the US Internal Revenue Service and is now ordered to provide personal information of more than 14,000 customers to the US tax service.

It is the biggest ICO ever proposed and, if it hits its cap of around US$ 5 billion — which is highly debatable — that will represent about 5 % of the total number of Ethereum cryptocurrency currently circulating and will equal more than a half of the entire revenues generated by ICOs up to 2017.

It is worth noting that even though Canaan is facing tough competition from the US - based Bitfury and Beijing - based Bitmain cryptocurrency mining firms, it reported a revenue of more than 1 billion yuan in 2017.

The Upbit exchange generated more than half of South Korea's $ 648 mln cryptocurrency exchange revenues in 2017, new government figures claim.

As it has become known one the largest platforms for buying and selling cryptocurrencies Coinbase made more than $ 1 billion in revenues last year.

While the overall contribution of cryptocurrency to our business remains difficult to quantify, we believe it was a higher percentage of revenue than the prior quarter.»