The asset manager said it deployed $313m across a range of DeFi protocols, including Anchor, TrueFi and Maple Finance.European digital asset manager CoinShares reported declining first-quarter profit as trading revenue sank.
"While the market conditions of Q1 2021 were such that significant opportunities existed for the group’s delta neutral trading strategies, the main driver of the business unit’s performance in Q1 2022 was DeFi related staking and lending activities," CoinShares said in the statement.
Why dоesn't anyоne talk abоut it?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CoinShares' Q1 Financial Results Took a Hit Amid Crypto Market DownturnCoinShares noted a pullback in its 2021 quarterly financials amidst tepid market conditions in the cryptocurrency space.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
CoinShares's Preliminary Q1 Earnings Slump 45% YoY to $23.4MEuropean digital asset manager CoinSharesCo saw its preliminary earnings slide in Q1 compared to a year ago, owing to the relatively depressed state of the broader crypto market. By JamieCrawleyCD CoinSharesCo JamieCrawleyCD XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars. CoinSharesCo JamieCrawleyCD NEXT 100 X 1000X Best token wsg WSGToken +1,445,000 holders +420,000 watchlists list in 18 exchanges nft gamefi playtoearn stake P2E Join : CoinSharesCo JamieCrawleyCD Guess he earns a lot of usdt every month
Source: CoinDesk - 🏆 291. / 63 Read more »
SEC nearly doubles crypto unit staff to crack down on abuses in the booming marketThe SEC announced Tuesday that it is almost doubling its staff responsible for protecting investors in cryptocurrency markets. 'the SEC’s broader Enforcement division, will increase its head count by 20' yes that should be enough 🤡 he is just handsome, i love his lectures Likely they mean 'abuses' as 'Not paying your taxes peasants!“ Does anyone really think they'll go after the already rich? Of course not... Just more people to enforce the' Stay poor, pay every tax we tell you to'
Source: CNBC - 🏆 12. / 72 Read more »
Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month – Market Updates Bitcoin NewsCrypto trade volumes in April dropped, and lower than average trade volumes typically suggest overall interest has declined. It workkkkkksss POLYGONBONUS Thanks so much for this gift POLYGONBONUS It workkkkkksss POLYGONBONUS
Source: BTCTN - 🏆 531. / 51 Read more »