Tag: misses

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Circle (CRCL) beats earnings estimates but misses on revenue amid $222 million Arc raise

Circle, issuer of the world's second-largest stablecoin, USDC, posted estimate-beating first-quarter earnings as revenue rose 20% and it raised $222 million for its Arc...

Hong Kong Misses March Deadline for Stablecoin Licences

Hong Kong’s first stablecoin licences failed to materialize by the expected end of March target, with the HKMA saying only that it is still...

Coinbase misses Q4 estimates as transaction revenue falls below $1 billion

Coinbase (COIN) missed fourth-quarter earnings forecasts on Thursday, thanks to weaker trading activity and lower crypto asset prices.The U.S.-based crypto exchange posted total revenue...