DeFi Intel

AVAX One CEO says $35.1M quarterly loss masks growth in its staking and treasury business

AVAX One interim CEO Pete Wylie has said $33 million in non-cash charges accounted for most of the company’s $35.1 million second-quarter loss as staking helped revenue rise to $2.8 million. AVAX One interim CEO Pete Wylie told crypto.news that…

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