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#Exodus #TrendingBinance #BTC☀ #ETH_ETF_Approval_23July

Exodus Wallet’s Q2 2023: Revenue Down, Costs Cut by 6% 🛑

#Exodus Wallet's Q2 2023 report reveals a 4% YoY revenue decline, totaling $12.4 million, while cost reductions of 6% amounted to $7.1 million.

The exchange aggregation business contributed the most to revenue, at $11.6 million, with a 220% rise in fiat onboarding revenue.

Despite a 12% decrease in exchange transactions, #bitcoin , Tether, and Ether remained top traded assets. Monthly active users dropped 6% to 772,839.

Exodus strategically cut costs via workforce reduction and lowered expenses. The firm holds $55M in cash, $46.2M in Bitcoin. Integrations with Robinhood and support for new tech were notable. CEO JP Richardson aims to offer #Wallet-as-a-Service to other firms.

#Binance
#crypto2023

Bitcoin Exodus: Exchanges Witness Withdrawal of Over 855,000 BTC Since July 2020

$BTC

#WebGTR #Exodus #Exchanges #Withdrawals #bitcoin

Exodus, the leading self-custodial cryptocurrency software platform, and Magic Eden, the leading cross-chain NFT marketplace, have joined forces to elevate mainstream mobile NFT experiences.

It's critical to protect your cryptocurrencies, as digital assets are more frequently the focus of cyber attacks.

You should proceed with caution and avoid keeping your funds on any platform that could be compromised by hackers, regardless of how reputable an exchange is.

For your initial layer of protection, go for hot wallets like Trust Wallet, MetaMask, or Exodus. (Exodus is the best wallet out there)

But you must add an extra degree of security by moving your cryptocurrency holdings to cold wallets for a stronger defense. Hardware wallets such as Trezor and Ledger are made to keep your private keys offline, shielding them from internet attacks. Your assets are protected from phishing attempts and cyberattacks by using this extra layer of protection provided by offline storage. (Ledger is best but due to recent hacks, i will recommend Trezor)

Workaround :- Binance -> Exodus -> Ledger

#Exodus #Ledger #Metamask #TrustWallet #trezor

Sovryn Dollar (DLLR), a #stablecoin backed by #Bitcoin, has been added to #Exodus Movement Inc.'s balance sheet.

Exodus stated in a statement shared with The Block that the initial allocation in DLLR accounts for about 25% of its quarterly interest income. The company did not provide a specific amount.

JP Richardson, co-founder and CEO of Exodus, claims that the inclusion of #DLLR to its corporate treasury will enable Exodus to access operational cash continually without relying on banking services.

Exodus is launching "Passkeys Wallet", a new product that allows new users to create a wallet to explore DeFi apps without creating a new wallet or leaving the app, enabling self-custody with just one click.

#exoduswallet #Exodus #BTC_Bounce_Back_to_57k #BinanceTurns7 #Ton_Coin_Surge