Express

RChain Cooperatives Claiming A Loss Of About $4.1 Million In 2018

Liang CHE

Summary: According to theblockcrypto.com, the RChain Cooperative, a blockchain platform that once competed with Ethereum, released a financial report on Monday that included a 2018 income statement and a February 2019 balance sheet. In 2018, RChain Cooperatives generated $22.2 million in proceeds from the sale of tokens and cryptocurrencies, but spent $26.3 million, which meant a ...

According to theblockcrypto.com, the RChain Cooperative, a blockchain platform that once competed with Ethereum, released a financial report on Monday that included a 2018 income statement and a February 2019 balance sheet. In 2018, RChain Cooperatives generated $22.2 million in proceeds from the sale of tokens and cryptocurrencies, but spent $26.3 million, which meant a total net loss of $4.1 million for the fiscal year.

Last Update:

Tags: ,
Link: RChain Cooperatives Claiming A Loss Of About $4.1 Million In 2018   [Copy]
Next:

Related Articles

  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 13 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 14 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 21 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025

    • You need to login to comment.