Celsius inventors, a cryptocurrency lending firm that declared bankruptcy less than two weeks after halting client withdrawals continue to suffer losses. Following the suspension of withdrawals and th...
Tag: Loses
Investors lose life savings as Celsius goes bankrupt while CEL token loses 85% of its value in 2022
Investors in troubled cryptocurrency lending firm Celsius continue to incur losses after the company filed for bankruptcy, just weeks after freezing customer withdrawals. Following the freeze on withd...
JPMorgan loses 3 executives to crypto industry jobs
Three executives of JPMorgan, Eric Wragge, Samir Shah, and Puja Samuel, left the financial giant last week for jobs in the crypto industry. JP Morgan, the most powerful bank in the world, the bank tha...
ADA Crashes by 7% and Loses a Critical Support, What’s Next?
ADA lost a critical support level which was defended five times in the past, but now bears took control. Key Support levels: $0.38 Key Resistance levels: $0.45, $0.50, $0.55 The breakdown of the key...
UNI/USD loses tremendous value at $5.38
Uniswap price analysis reveals that UNI/USD is bearish today. The price has dropped by over 6 percent in the last 24 hours and is currently trading at $5.38. This latest leg down appears to have been ...
Robot Known for Outrunning Crypto Markets Allocates to Ethereum, Solana, and Two ‘Surprise’ Altcoins As Bitcoin Loses $20,000
A robot with a reputation for outperforming an aggregated basket of the 20 largest crypto assets is presenting its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) battle to stay afloa...
Solana price analysis: SOL loses value at $34.00 after bearish run
Today’s Solana price analysis shows that the market is bearish today after rolling over from the resistance at $35.64. The market has been on a downtrend for some time now, and it looks like this tren...
Bitcoin loses support at $20,000; Here are the next key levels to watch
The global cryptocurrency market is back in the red as bearish sentiment prevails across most of its assets, including Bitcoin (BTC), which some experts believe will be influenced by the upcoming June...
DeFi Loses $678 Million To Hackers In Q2 2022, New Report Reveals
The cryptocurrency market has suffered greatly, particularly since Bitcoin had its worst quarter in 11 years. According to data releasedby Immunefi, a leading bug bounty and security services platform...
NFT Protocol OMNI Loses 1,300 ETH In Reentrancy Attack
Money market NFT A reentrancy attack was made against the beta version of OMNI’s protocol. The attacker merely took 1,300 ETH in internal testing funds, not actual money. The occurrence ha...
Blockchain.com loses $270 million with 3AC
The historic crypto exchange, Blockchain.com, said it’s going to lose $270 million as a result of the Three Arrows Capital (3AC) affair. 3AC goes bankrupt and Blockchain.com cannot collect on $270 mi...
Philippines’ Monde Nissin Loses Two Billionaires As Two-Day Stock Rout Erases $436 Million In Market Value
Betty Ang is a cofounder of Monde Nissin. Courtesy of Monde NIssin Betty Ang, the cofounder of Monde Nissin—the Philippines’ largest instant noodle maker—and company chairman Hartono Kweefanus have lo...
NFT Protocol OMNI Suffers Reentrancy Attack, Loses 1,300 ETH in Testing Funds
NFT money market OMNI experienced a reentrancy attack on the beta version of its protocol. No real funds were stolen, as the attacker only stole 1,300 ETH in internal testing funds. NFT protocol OMNI ...
JPMorgan Loses Top Executives to Crypto Firms
The first of the three executives who left JPMorgan is Samuel Shah. Shah, until his exit, was head of the bank’s Ideation and Digital Innovation department. This week would go down as a significant on...
Blockchain.com Loses $270M in 3AC Chaos
Key Takeaways Blockchain.com has lost $270 million to Three Arrows Capital, according to a letter sent to shareholders two weeks ago. Nevertheless the firm remains “liquid” and “solvent,” the CEO said...
Crypto Firm Uprise Loses $23 Million In The Luna Crash
The recent Luna crash had a turbulent effect on the whole cryptocurrency space, with many investors losing billions of dollars. Several exchanges and crypto firms suffered losses as well. In one such...
Toyota Loses Big Advantage to Tesla and GM
Toyota (TM) – Get Toyota Motor Corporation Report is on one knee. The Japanese automaker has enjoyed a big advantage for a long time, enabling it to seduce consumers interested in less polluti...
Celebrity-Backed GARI Loses 80% of Its Value but Denies Security Breach
The GARI token, promoted by a leading Indian actor, has collapsed in price prompting speculation that it may have suffered a security breach or even a rug pull. Chingari‘s GARI, promoted by actor Sal...
Kakao-Backed Uprise Loses $20 Million Shorting LUNA During May Crash
Uprise Investment Fund became the latest cryptocurrency company to be affected by the LUNA crash, with over $20 million worth of funds getting liquidated while short-trading the asset during its crash...
NASA Loses Communications With Moon-Orbiting Satellite
Topline NASA lost contact Tuesday with a satellite on its way to study the moon’s orbit—a critical project as the agency seeks to launch its first crewed moon landing in over five decades—but scientis...
County Down Man Loses All His Money to Crypto Fraud
A man in County Down, Ireland has lost all his money to a crypto scam. How One Man Lost Everything to a Fake Crypto Scheme The victim – who wishes to remain anonymous – is alleged to have invested a s...
British Army Loses Control Of Twitter And YouTube Accounts To Crypto Scammers
– Advertisement – British Army Loses Control Of Twitter And YouTube Accounts To Scammers. The Twitter and YouTube accounts of the British Army were hacked briefly on Sunday, as confirmed b...
BTC Loses Support Below $19,000
The Bitcoin price prediction shows that BTC is falling below the moving averages as it trades at the $19,287level. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,287 Bitcoin market cap – ...
Crypto Market Loses $60 Billion As Bitcoin Dips Below $20,000
As of June 28, the bitcoin price fluctuated slightly above the $20K mark. However, toward the end of the day, it eventually dropped to $20K. The market watch also noted the bearish state in the price ...
It Loses $20k as It Risks Further Decline To $17k
Bitcoin Fails To Hold Above $20k as It Risks Further Decline to $17k – June 29, 2022 On June 26, BTC/USD faced rejection at the $22,000 resistance zone as it risks further decline to $17K. Today, Bitc...
Ethereum Loses Steam As Exchange Supply Spikes
Ethereum (ETH) is once again losing momentum after exhibiting a positive bounce the previous week. At the time of publication, ETH has a market valuation of $125 billion and is currently trading 9 per...
SPX loses another 2.0% on Thursday: are we close to a bottom now?
Earnings estimates must come down for the S&P 500 to find a tradable bottom, says Cameron Dawson. She’s the Chief Investment Officer at NewEdge Wealth. Dawson’s remarks on CNBC’s...
Chinese Professor Loses $2.4 Billion After SenseTime Slumps
(Bloomberg) — A co-founder of SenseTime Group Inc. lost almost half of his fortune after shares of the artificial intelligence giant plummeted 47% on Thursday. Most Read from Bloomberg Tang Xiao...
No flexing for Bitcoin Cash users as BCH loses 98% against Bitcoin
Bitcoin (BTC) has hit new record highs this week — not in U.S. dollar terms, but against its longtime competitor, Bitcoin Cash (BCH). Data from Cointelegraph Markets Pro and TradingView confirms that ...
Babel Finance Reportedly Loses Top Employees Amid Insolvency Rumors
According to crypto news and research website The Block, beleaguered crypto lender Babel Finance is starting to lose several key employees just weeks after the firm suspended withdrawals and battled I...
Binance Coin price analysis: BNB loses eight percent overnight as the bearish wave takes over
The Binance coin price analysis shows bearish price movement today. A decrease in price has been observed as the coin failed to get support, and bears continue their endeavor for the fifth day consecu...