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]
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 3 hours ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 1 day ago
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 6 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 7 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 18 days ago
  • You need to login to comment.