CZ says no Binance user incurred losses from Orion Protocol’s hack

Binance CEO, Changpeng Zhao, said that no Binance users or assets were affected by the Orion Protocol (ORN) $3 million hack. Changpeng Zhao tweeted that the Orion Protocol (ORN) hack was due to a lack...

Here’s How Alameda’s Liquidators Incurred $11.5M Loss in 2 Weeks: Report 

Liquidators of Sam Bankman-Fried’s bankrupt trading powerhouse Alameda Research reportedly incurred a significant loss of over $11 million since the start of the year due to multiple liquidations. Acc...

Alameda wallet under liquidator control incurred $11.5M in losses: Arkham

The liquidators of Alameda Research have reportedly incurred at least $11.5 million in losses since taking control of Alameda’s trading accounts. On Jan. 16, a Twitter thread from Arkham Intelli...

Chiliz holders have a cause to smile after the losses incurred, here’s why

Chiliz confirmed that its new Proof-of-Staked-Authority chain was in its testnet phase. The recent market correction caused the price of CHZ to rally and put many of its holders in profit. Dubbed the ...

Matrixport reveals FTX exposure; 79 users incurred losses as result

Matrixport, a crypto financial services platform that bills itself as a neo-bank, revealed to clients that two of its products have exposure to FTX.  Matrixport’s bitcoin fixed income prod...

Texas Consumers On Hook For $10 Billion In Debt Incurred During Winter Storm Uri

A resident of Fort Worth, Texas pulls a sled on February 17, 2021, after Winter Storm Uri hit the … [+] state. Texas ratepayers are now on the hook for some $10 billion in debt incurred by utili...

Thai SEC is Gathering Data on Losses Incurred by Zipmex Users

Thailand’s Securities and Exchange Commission (SEC) is concerned that some Zipmex users may have lost funds after the exchange briefly halted withdrawals and other services last week due to extreme ma...

CEO reportedly laments red ink incurred from Air Force One deal as Boeing posts $1.2 billion first-quarter loss

Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Str...

Meter platform incurred $4.4 million losses: Exploit having a cascade effect

A massive hack on the Meter platform occurred recently and caused the entity to incur significant losses. Amount of ETH was deposited to the Meter platform, which the attacker used to mint tokens, sta...