📊 Crypto Reports (Aug 2, 2024):

1️⃣ The Block: Monthly trading volume on decentralized exchanges (DEX) relative to centralized exchanges (CEX) has reached a historic peak. As of July 29, 2024, this metric stood at 14.22%. 📈

2️⃣ The largest stablecoin issuer, Tether, earned $1.3 billion in the second quarter, achieving a record profit of $5.2 billion for the first half of the year. This information comes from the company's financial report, which was audited by independent auditor BDO. 💹

3️⃣ Meta: In its second-quarter report, #Meta Corporation announced a $4.48 billion loss for its metaverse division, Reality Labs. 🌐

4️⃣ Riot Platforms: #Bitcoin miner Riot Platforms presented its financial report for the second quarter of 2024, revealing a net loss of $84.4 million over the past three months. ⛏️

5️⃣ BW: #MicroStrategy acquired an additional 12,222 BTC for $805 million in the second quarter, bringing its total holdings to 226,500 BTC (~$14.7 billion). 💰

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