BitGo revenue falls 51% in Q3 as trading slows; net income rises on treasury gains

The revenue decline was driven by continued soft crypto trading environment and a higher mix of lower-margin stablecoin transactions.
Key Takeaways
- The revenue decline was driven by continued soft crypto trading environment and a higher mix of lower-margin stablecoin transactions.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

What Are Solana Privacy Rings? Inside Helius’ Privacy Protocol for Solana
Solana Privacy Rings encrypt balances and transfer amounts without leaving Solana. Here's how they work, and how they compare.
A High-Severity Bug Could Have Stalled Bitcoin Mining—Bitcoin Core Has a Fix
Three bugs—spanning denial-of-service and privacy issues rather than coin theft—have all been patched, with the most serious capable of halting a miner’s ability to build new blocks.
Bessent vs. Lutnick: Trump Officials Clash Over Nvidia China Chip Probe
Bessent confronts Lutnick over Megaspeed as America's chip blacklist goes 13 months without a single new name. The post Bessent vs. Lutnick: Trump Officials Clash Over Nvidia China Chip Probe appeared first on BeInCrypto.