From the hack of a DeFi protocol, hackers stole nearly $200 million. Euler, recently got hacked resulting in decreasing its token EUL value by 50%. A Decentralized Finance (DeFi) protocol suffered f...
Tag: Caused
Signature Bank Shutdown Caused by ‘Crisis of Confidence’ in Leadership, NYDFS Says
“The decisions made over the weekend were not crypto related,” the spokesperson said. “Signature was a traditional commercial bank with a wide range of activities and customers, incl...
DAI recovers after severe depeg caused by USDC ripple effect
MarketDAO’s stablecoin DAI recently experienced a recovery following a de-pegging event that saw the stablecoin drop from the $1 value to $0.88. As the Silicon Valley Bank saga continues, the price of...
Ripple discloses exposure to SVB; not caused business operations disruption
While the future of Silicon Valley Bank (SVB) is still being decided, another crypto player has declared exposure to the failed bank. And, this time around the firm in the headlines is Ripple – a popu...
Circle will cover funds shortfall caused by Silicon Valley Bank collapse
Circle stated that it initiated to transfer of $3.3 billion funds remaining in SVB However, the transfer was not processed as of Friday and the could be processed on Monday The stablecoin issuer has c...
Worst Night in History of Crypto? 6 News Items Caused Catastrophe on Market
Arman Shirinyan Crypto community was hit with previously unseen streak of bearish news On March 10, the crypto market experienced a massive sell-off that wiped out billions of dollars of value in a ma...
Has DOJ’s Bitcoin [BTC] movement caused panic among holders?
The transfer of some BTCs by the DOJ seemed to have caused the price of BTC to drop. Despite the mass movement from the DOJ, the Netflow has not reflected irregular activities. Bitcoin [BTC] has been ...
Bitcoin has caused $12b in environmental damage. There might be a solution
Can environmentalists and regulators destroy bitcoin’s value? When Tesla stopped accepting bitcoin because of the blockchain’s “increasing use of fossil fuels”, were environmentalists drawing a line? ...
‘Havana Syndrome’ Likely Wasn’t Caused By Foreign Adversary, Intelligence Report Finds
Topline “Havana syndrome”—an inexplicable illness reported by hundreds of U.S. officials around the world—is not linked to actions by a foreign government, a group of U.S. intelligence age...
Solana CEO hoses down claims network outages caused by on-chain voting
Anatoly Yakovenko, the founder and CEO of Solana Labs, has denied claims that Solana’s network outages were being caused by a high volume of validator messages and its on-chain voting system clogging ...
Solana Foundation Still Doesn’t Know What Caused Weekend Network Outage
Two days after a major outage, the Solana Foundation says it’s still investigating why the Solana network went down for almost 20 hours following a network upgrade. “The cause of this is still unknown...
182 Billion SHIB Moved to Gemini, Last Time Similar Move Caused Shiba Inu 7% Drop: Details
Yuri Molchan Staggering amount of SHIB moved by crypto whale Contents $2.3 million in Shiba Inu moved to Gemini SHIB reaches new milestone Lookonchain smart money crypto tracker has spotted two massiv...
Lido Finance (LDO) Price Drop Caused by This Group of Traders
Arman Shirinyan Jump Trading is sending large quantities of LDO to Binance, which could have been reason behind most recent price drop The price performance of LDO during this market recovery has not ...
Unknown $20 Million Transfer In MATIC Caused A Price Drop?
According to on-chain analysis data released today by Blockchain service Lookonchain, a Polygon whale moved considerable funds in this network’s native token MATIC. The funds were sent to trading venu...
Crypto Custodians ‘Commingling’ Funds Caused Chaos
The crypto sector continues to clash heads with regulators over stringent regulatory measures. This time, the topic of discussion is the commingling of users’ funds locked in crypto custodians. Regula...
Cardano (ADA) Developer Addresses Incident That Caused Blockchain Malfunction
About half of Cardano’s (ADA) nodes briefly went offline this weekend due to an “anomaly,” but the network quickly recovered, according to Cardano developer Input Output Global (IOG). In a Telegram an...
NYSE Investigates Technical Issue That Caused Wild Market Open
(Bloomberg) — The New York Stock Exchange is probing what caused wild price swings and trading halts when the market opened on Tuesday as shares for dozens of the biggest US companies suddenly p...
Solana’s unprecedented 200% pump is likely caused by short squeeze
Solana (SOL) has grown quickly over the last two years to rank among the top blockchains in market capitalization and usage. Yet Solana was the crypto platform most adversely impacted by the FTX meltd...
COP prices to change the picture — What caused the change?
Prices are high now for the first time. Alliances caused the price to improve. Russia- Ukraine war to pose a threat. ConocoPhillips (NYSE: COP) is an independent exploration and production company. I...
QNT just broke above $132! This could be huge— What caused the rise?
QNT broke above the $132 resistance. The CEO of Quant gave insights on CBDC. Trading volume rose by 50%. The Quant prices surged above the $132 resistance level, marking a bullish swing in the m...
Dallas Zoo Captures Escaped Leopard After All-Day Search Caused Shut Down
Topline The Dallas Zoo located and secured a clouded leopard Friday afternoon after she somehow escaped her enclosure earlier in the day, prompting a shut down of the facility and a search that involv...
Sam Bankman-Fried Claims Binance CEO Changpeng Zhao Caused FTX Implosion in New ‘Pre-Mortem’ Substack Post
Disgraced FTX founder Sam Bankman-Fried says the head of rival exchange Binance contributed to setting off the demise of his crypto empire. In a post to Bankman-Fried’s Substack titled “FTX Pre-Mortem...
3AC founder Zhu Su alleges DCG and FTX caused the fall of LUNA and STETH
Seven months down the line, 3AC founder, Zhu Su, has come out openly to blame Digital Currency Group (DCG), the parent firm behind Grayscale Investments and Genesis Trading, for the collapse of Terra....
3Commas claims responsibility for API breach that caused hacks
3Commas has announced that the company suffered a breach that led to the hack that saw platform users lose funds and digital assets. According to the report published last week, the traders were said ...
IRS ditches new tax requirement for now that would have caused ‘lots of confusion’
The Internal Revenue Service is delaying the new $600 reporting threshold for 1099-K tax forms, a move many tax experts believe will help avoid potential chaos this upcoming filing season. The updated...
Ankr says ex-employee caused $5M exploit, vows to improve security
A $5 million hack of the Ankr protocol on Dec. 1 was caused by a former team member, according to a Dec. 20 announcement from the Ankr team. The ex-employee conducted a “supply chain attack” by puttin...
Wave Labs reveals DAXA warning caused significant damage to WAVES token
Waves Labs has reported that Futures data revealed that a DAXA warning on Dec. 8 did more harm to the WAVES token than the depegging of the USDN stablecoin “ever could.” The Open Interest ...
Chainalysis data reveals FTX collapse caused $9B in realized losses
FTX’s collapse resulted in around $9 billion in realized losses for crypto investors, according to a Chainalysis report. Chainalysis noted that this loss paled compared to Terra’s UST depeg, which cau...
Lido reclaims top DeFi TVL spot; here’s what caused the rally
Lido experienced a drop in TVL in previous days partly due to a fall in the value of LDO. LDO rallied by over 9% in recent days to help Lido become the top DeFi platform. Lido recently disclosed a dec...
Binance Deliberately Caused FTX Collapse: Kevin O’Leary
Canadian entrepreneur and “Shark Tank” star Kevin O’Leary today slammed crypto exchange Binance—and claimed it caused the collapse of FTX on purpose. Speaking at the Senate Committee on Banking, Housi...
Unpredictable electricity cost could have caused Argo’s troubles
As rumors about Argo’s possible bankruptcy continue to spread, more information about what caused the company’s troubles are unraveling. The U.S.-based Bitcoin mining company has seen its shares plumm...