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v3.23.3

DERIVATIVES - Schedule of gains (losses) recorded in income (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Not designated as hedging instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Derivatives | $ 17,890 | $ (195,096) | $ (66,053) | $ 176,347
Hedged Items | (5,578) | 207,035 | 91,846 | (166,567)
Income Statement Impact | 12,312 | 11,939 | 25,793 | 9,780
Crypto asset borrowings with embedded derivatives | Designated as fair value hedging instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Derivatives | 12,707 | (211,110) | (75,848) | 148,959
Hedged Items | (4,247) | 207,112 | 44,686 | (154,228)
Income Statement Impact | 8,460 | (3,998) | (31,162) | (5,269)
Crypto asset borrowings with embedded derivatives | Not designated as hedging instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Derivatives | (30) | 0 | 166 | 6,626
Hedged Items | 0 | 0 | 0 | 0
Income Statement Impact | (30) | 0 | 166 | 6,626
Crypto asset futures | Designated as fair value hedging instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Derivatives | 1,329 | 225 | (41,782) | 13,237
Hedged Items | (1,331) | (77) | 47,160 | (12,339)
Income Statement Impact | (2) | 148 | 5,378 | 898
Crypto asset futures | Not designated as hedging instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Derivatives | 558 | (566) | 960 | (1,077)
Hedged Items | 0 | 0 | 0 | 0
Income Statement Impact | 558 | (566) | 960 | (1,077)
Accounts receivable denominated in crypto assets | Not designated as hedging instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Derivatives | (8,466) | (4,213) | 38,614 | (14,476)
Hedged Items | 0 | 0 | 0 | 0
Income Statement Impact | (8,466) | (4,213) | 38,614 | (14,476)
Other payables denominated in crypto assets | Not designated as hedging instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Derivatives | 6,337 | (2,367) | 7,181 | 143
Hedged Items | 0 | 0 | 0 | 0
Income Statement Impact | 6,337 | (2,367) | 7,181 | 143
Foreign currency forward contracts | Not designated as hedging instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Derivatives | 0 | 22,935 | 0 | 22,935
Hedged Items | 0 | 0 | 0 | 0
Income Statement Impact | 0 | 22,935 | 0 | 22,935
Crypto assets pledged as collateral | Not designated as hedging instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Derivatives | 196 | 0 |  |
Hedged Items | 0 | 0 |  |
Income Statement Impact | 196 | 0 |  |
Other | Not designated as hedging instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Derivatives | 5,259 | 0 | 4,656 | 0
Hedged Items | 0 | 0 | 0 | 0
Income Statement Impact | $ 5,259 | $ 0 | $ 4,656 | $ 0

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- Definition Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -SubTopic 25 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480238/815-25-50-1 + Details
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- Definition Amount of the increase (decrease) in fair value of the hedged item in a fair value hedge recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -SubTopic 25 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480238/815-25-50-1 + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480237/815-40-50-5 + Details
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