CEXs registered a massive surge in usage and balance after USDC’s de-peg Sustained interest in various CEX tokens also recorded a hike Despite the adverse effects of the USDC situation on variou...
Tag: Loss
DeFi Exploit Alert: Euler Hack Caused Almost $200 Million Loss
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...
USDC Loss Of Peg Shakes Crypto Market During SVB Collapse
SPONSORED POST* The cryptocurrency market is no stranger to volatility, but the recent USDC (USD Coin) loss of peg has sent shockwaves through the industry. Many traders and crypto users are wondering...
Atletico Madrid Register Record Income But Continued To Operate At A Loss For 2021/22
A significant proportion of the increased income is put down. to increased revenue from the club’s … [+] stadium. Getty Images Spanish soccer club Atlético Madrid have recorded a historic ...
United Airlines forecasts first-quarter loss
A grounds crew member directs an United Airlines airplane to a gate at Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economop...
FED to Reportedly Post First Annual Operation Loss of $80 Billion
Bitcoin’s Twitter account stated that the Federal Reserve is technically bankrupt. It also reported that the FED will post its first annual operating loss of $80 billion. The FED is also alleged to ha...
Euler DeFi Protocol Faces Loss of $177M In Major Attack
Ethereum-compliant lending protocol Euler Finance lost $8 million in an attack. In 2022, it raised $32 million from industry giants Coinbase, Jump, Jane Street, Uniswap, and defunct FTX. BlockSec aler...
America Lost An Hour Of Sleep Switching To Daylight Saving Time — Here’s How Sleep Loss Affects Your Health
Topline Most people in the United States lost an hour of sleep this weekend as clocks sprang forward into Daylight Saving Time, a disruptive biannual shift experts warn is harmful and adds to an alrea...
Mina and Trust Wallet Token Rose 6%, While Bone ShibaSwap and BinaryX showcased a 5-7% loss
Published 10 seconds ago Crypto price today Mar 12th: the FUD surrounding the crypto market increased significantly in the second week of March 2023. As a result, a majority of major crypto coins lost...
Shiba Inu Lead Developer Addresses Loss of Twitter Verification Badge
With Kusama losing his verification badge, several influencers like LUCIE have taken to Twitter to caution against hurriedly clicking links as scammers could take advantage of the situation. Shytoshi ...
Hedera Reveals Mainnet Exploit Led To Loss Of Liquidity Pools Tokens
In a Twitter announcement, Hedera confirmed an exploit in its mainnet, leading to a loss of liquidity tokens. However, the firm noted the exploit did not impact its consensus layer. Network exploitati...
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss – Bitcoin News
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond ...
Block.One Unwinds Silvergate Liquidity Position At $83 Million Loss
Amid the major liquidity crisis, Silvergate Bank (NYSE: SI) decided to wind down operations and move into liquidation. This is one of the first and major high-profile blow up in the traditional bankin...
Winklevii band Mars Junction on hiatus as Gemini bank loss rumors swirl
While no formal announcement has been issued, it looks like rock ‘n’ roll cover band Mars Junction, featuring the 41-year-old Winklevoss twins on lead vocals and guitar, is on indefinite hiatus. The b...
ASAN Stock: Asana Reports Narrower Loss, CEO Says He Will Buy Up To 30 Million Shares
Asana (ASAN) stock popped on a narrower-than-expected fourth-quarter loss while the software maker’s revenue topped expectations. Asana’s chief executive, Dustin Moskovitz, announced plans...
Tesla stock falls nearly 3%, heads toward 4th straight loss
Shares Tesla Inc. TSLA, -3.04% slumped 2.8% toward a five-week low in premarket trading Thursday, putting them on track for a fourth straight loss, amid Wall Street concerns over Chief Executive Elon ...
XRP and KAVA Jumps 3-5%, While ImmutableX and Synthetix Tokens Witnessed Double-digit Loss
Published 16 mins ago Cryptocurrency price prediction today Mar 9th: As we entered the second week of March 2023, the sellers continue to strengthen their grip over the crypto market, tumbling several...
Adidas Posts Poor Q4 2022 Results, Warns of Full-Year Loss Following Termination of Ye Deal
German apparel giant Adidas suffered heavy losses for Q4 2022 and looks to rebuild its business model throughout 2023. Adidas AG recently released its Q4 2022 financial report, which revealed heavy l...
Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole
The president’s team has already passed one crypto tax-related piece of legislation into law; in 2021, the Bipartisan Infrastructure Framework, which later became the Infrastructure Investment a...
FTX’s loss may be Avalanche’s gain, but here’s where AVAX stands
Avalanche partners with gaming company TSM to increase interest in the protocol Number of users have declined as the price of AVAX fell Even though the FTX collapse was a massive hit to the crypto-mar...
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
“The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas o...
What Drake’s Bitcoin bet loss means for the crypto sector
While Drake – real name Aubrey Drake Graham – might be best-known for his musical talent and his ability to release chart-topping hits, he has also been gaining a reputation for a few other activities...
After 2-0 Defeat To Chelsea, Dortmund Fear Loss Of Momentum
Borussia Dortmund midfielder Jude Bellingham looks on disappointed after his club’s 2-0 loss to … [+] Chelsea in the UEFA Champions League. (Photo by Joe Prior/Visionhaus via Getty Images)...
The loss of a major shareholder delivers another blow to Credit Suisse
Stakes are changing hands. Once Credit Suisse’s largest shareholder, Harris Associates no longer holds any stock in the Swiss bank, which warned of losses for this year and witnessed unprecedented cli...
Investment Firm Multicoin Capital Reportedly Suffered 91.4% Loss in 2022
12 mins ago | 2 mins read Bitcoin News Multicoin recorded a 100.9% gain for the fund in January 2023. The letter goes on to describe the various measures Multicoin has implemented. A copy of Multicoin...
Silvergate Crypto Payments Suspended After Suffering $1 Billion Loss
Silvergate Capital has pulled the plug on its Silvergate Exchange Network (SEN) after the bank specializing in digital assets voiced questions about its viability. SEN, the bank’s platform for crypto ...
DeFi Startup Wants To Help Traders Hedge Uniswap Impermanent Loss
MEV Capital, a DeFi-focused institutional investment manager, is rolling out a new impermanent loss hedging product designed to provide downside protection on Uniswap yields — and its exact structure ...
Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn – Market Updates Bitcoin News
Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at th...
Tupperware stock slammed after earnings as company swings to a loss
Tupperware Brands Corp. TUP shares were tumbling 28% in premarket trading Wednesday after the maker of kitchen products posted a surprise loss and disclosed that it has identified misstatements in its...
Crypto: Polkadot suffered big loss last week
It has not been a good week for the crypto Polkadot (DOT), which despite its fame and attention from investors, suffered a decisive drop in the last 7 days. Polkadot (DOT) is a blockchain-based platfo...
Crypto Giant DCG Revealed a Loss of Over $1 Billion in 2022 (Report)
The venture capital firm focused on cryptocurrencies – Digital Currency Group (DCG) – reportedly marked a loss of $1.1 billion last year. Some of the primary reasons for the downfall were the collaps...