📊 Crypto Reports (Aug 9, 2024):

1️⃣ Northern: Northern Data Group, a German #mining company that previously secured a €575 million loan from Tether, has released its financial report for Q2 2024. Over the three-month period, the company generated €26 million in revenue. 💼

2️⃣ Richard Teng: Despite the challenging macroeconomic conditions and a market downturn, Binance, the crypto exchange, recorded a net daily inflow of $1.2 billion. 📈

3️⃣ DeFiLlama: Between August 6 and 7, 2024, #Binance saw a net daily capital inflow of $2.2 billion. This surge came as the crypto market sought to recover from a significant downturn. 🔄

4️⃣ Core Scientific: Core Scientific reported its Q2 2024 results, revealing an 8844% increase in net loss compared to the same period in 2023, totaling $804.9 million. The company attributed this sharp rise to adjustments in the market value of warrants and other liabilities. 📉

5️⃣ Robinhood: Online broker #Robinhood reported $81 million in cryptocurrency trading revenue for the April-June period, marking a 161% increase from the second quarter of last year and doubling its revenue from stock trading ($40 million). 📊

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