Polkadot Loses Steam As DOT Sheds 10% After Weekly Gains

Another tumbling block for Polkadot (DOT) as its price has declined by over 10% touching $7.70 after closing July in flying colors. Further, DOT seems to hold on to the support zone above $8 especiall...

CoinShares Loses $21.7M In Q2 Earnings, Terra Crisis To Blame

Coinshares joins the list of crypto firms that have had to bear the negative impact of the Terra crash.  Yesterday, August 2nd, the European-based cryptocurrency investment firm, coinshares coinshares...

Nomad loses $109 million worth of tokens to exploitation

Renowned cross-chain protocol, Nomad bridge, has now been exploited. Nomad confirmed the security breach in a Twitter post. Reportedly, the token bridge became the latest victim of security exploitati...

Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist – Bitcoin News

On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was...

BTC Price Loses $23K Support and Nosedives

Bitcoin Sideways Move Ends as BTC Price Loses $23K Support and Nosedives – July 31, 2022 Bitcoin bulls have failed to overcome the $24,000 resistance zone as BTC price loses $23K support and nosedives...

Binance loses 90% of users after implementing KYC, losing billions in revenue

One of the world’s largest cryptocurrency exchanges, Binance, like most of its counterparts, has to face the challenges of money laundering, terrorist financing, and bad press. Three of the most senio...

Solana-based Algorithmic Stablecoin, Nirvana, Loses USD Peg, Sheds 90% – crypto.news

Nirvana, the Solana-based stablecoin, is reported to have suffered a flash loan attack, leading to a loss of close to $3.5 million. According to the on-chain blockchain analytics firm, PeckShieldAlert...

Meta’s Metaverse Division Loses $2.8 Billion in Q2

Meta’s titular division just took another blow.  The social media giant disclosed this afternoon that its metaverse-specific division suffered losses of $2.81 billion this quarter. That puts the divis...

Solana-based Nirvana loses $3.5M to flash loan exploit; tokens tank 90%

Solana-based DeFi protocol, Nirvana Finance lost $3.5 million to a flash loan attack on July 28. 1/ ? On 28 July, adaptive yield protocol @nirvana_fi was exploited for $3.49M, forcing the protocol’s $...

Bitcoin Cash Price Prediction for Today, July 27: BCH Loses at $135

BCH Loses at $135 – July 27From a close observation technical point of view, Bitcoin Cash loses at the $135 line after hitting resistance around the value line. The last thirty days of trading have wi...

SEC Loses Bid To Bar XRP Holders From Participating in Regulator’s Lawsuit Against Ripple

U.S. District Judge Analisa Torres is allowing XRP holders to remain a part of the U.S. Securities and Exchange Commission’s ongoing legal battle with Ripple. In a new order, Judge Torres allows XRP h...

Facebook Parent Meta Loses $2.8B on Metaverse Division in Q2

Meta Platforms (FB) posted a second-quarter loss of $2.81 billion in its Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, according to its earnings r...

Teladoc loses $3 billion in three months, stock plummets 24%

Shares of Teladoc Health Inc. plunged more than 24% in after-hours trading Thursday after the telehealth company took another multibillion-dollar impairment charge, helping to bring its total losses f...

Garmin Loses Its Way. The Stock Falls After Guidance Is Slashed.

Text size Garmin. which makes satellite devices, is not so upbeat about the rest of the year. George Frey/Bloomberg Navigation device maker Garmin  is now less upbeat about its future. Garmin (ticker:...

Oracle’s Larry Ellison Can Win Lawsuit Even If He Loses

(Bloomberg) — Oracle Corp. Chairman Larry Ellison is slated to testify in a lawsuit in which a loss could still result in a windfall for the company he co-founded and holds a 40% stake in. Most ...

Solana Loses 17% Of Value As SOL Crawls Back From $35 Slide

Solana bears are dominating the market and thus, SOL is expected to plummet further in the coming days. The crypto support is prominent at $37.7 and resistance is strong at $45. Meanwhile, the bears a...

ETH Loses 16% in Three Days, Retest or a More Pain to Come? (Ethereum Price Analysis)

As mentioned in the previous analysis, traders realized profit when the price reached the resistance at $1,700. This caused ETH to witness a 16% downward correction. All eyes are on the FOMC meeting t...

Coinbase Stock Loses 14% as Cryptoassets’ Legal Status Questioned

The sell-off comes shortly after the SEC classified nine tokens as securities in a complaint against a former Coinbase employee Coinbase has a rigorous internal process for classifying tokens, the exc...

AVAX/USD loses tremendous value at $20.83

Avalanche price analysis shows that the AVAX/USD market has been bearish today after losing a lot of value. The market opened at $21.77 and traded as high as $22.35 before it started to fall. Support ...

SOL Loses 10% in a Day, Now Facing Critical Support (Solana Price Analysis)

Solana lost over 10% in the last 24h as the market turned bearish. Now, the price is at critical support. Key Support levels: $35, $27 Key Resistance levels: $44, $59 With SOL approaching the key supp...

ADA Loses 5% Daily but is the Uptrend at Risk? (Cardano Price Analysis)

In the past week, ADA has lost momentum and now the uptrend is put at risk. Key Support levels: $0.45, $0.38 Key Resistance levels: $0.55, $0.66  Despite the good show of strength from bulls in mid-Ju...

Audius loses $1 million to hackers

Decentralized music streaming platform Audius has announced that it lost about $1 million to unknown hackers early this morning. According to the streaming platform, it mistakenly passed a malicious p...

Major BAYC Holder Loses $150,000 ETH In ENS Domain Listing Blunder – crypto.news

A large non-fungible token (NFT) hodler of the popular Bored Ape Yacht Club (BAYC) lost 100 ETH, or $150,000. The loss is due to a prank bet through his registered Ethereum Name Service (ENS) address....

Bored Ape whale loses $150,000 of ETH in ENS listing fumble

Franklin Caldwell, or “franklinisbored” as he is known on Twitter, lost 100 ETH ($150,000) in an Ethereum Name Service (ENS) domain name transaction on Wednesday. Caldwell is the seventh-largest holde...

Ethereum NFT Whale Loses $150K on a Meme Gone Wrong

In brief An Ethereum Name Service (ENS) domain sold for over $150,000 worth of ETH today in an apparent joke gone wrong. The buyer, who had previously been the seller, said that he forgot to cancel hi...

BAYC hodler loses 100 ETH in ‘joke’ domain sale gone wrong

A major Bored Ape Yacht Club (BAYC) nonfungible token (NFT) hodler lost 100 Ether (ETH), worth $150,000, as a result of a joke bid on his own registered Ethereum Name Service (ENS) domain. The NFT wha...

Canadian Pension Fund loses $150 million in Celsius investment bet

While the troubled cryptocurrency lending firm Celsius continues to incur significant losses for its investors after freezing client withdrawals and filing for bankruptcy during the crypto market rout...

Netflix Loses Subscribers But Not As Many As Predicted

Netflix lost 970,000 subscribers during second quarter. Future via Getty Images Bad news was actually good news for NetflixNFLX on Tuesday. In the company’s much-anticipated second quarter earnings ca...

A Voyager Customer Says He Is Done With Crypto; Loses $6,900 In Bitcoin After Firm’s Collapse

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Harmony Exchange Hacked, Loses More Than $100 Million

It’s happened again, folks. Another crypto exchange hack is in the books. This time, the victimized platform is a company called Harmony in California. Harmony Is the Latest Crypto Exchange to Be Hack...

Once-Hot Strategy of Holding Bitcoin Overnight Loses Some Luster

(Bloomberg) — Those who watch crypto charts closely might be familiar with the fact that a hypothetical strategy of buying Bitcoin at the close and selling it at the next open has historically n...

Ethereum (ETH) Loses Its Luster and Dips Below $1,100 – crypto.news

Last week, Ethereum experienced a 10 percent increase. According to experts, the ascending trendline in the cryptocurrency could boost its value if favorable market conditions. The price of ETH then f...