Solana Labs reportedly loses millions of its cryptocurrencies after FTX collapses FTX’s recent downfall still has a continuing effect on Solana’s price Solana Labs also seems to have bypassed the mos...
Tag: Loss
Bolsonaro Supporters Storm Brazil’s Capital And Clash With Police After Election Loss
Topline Supporters of former far-right Brazilian President Jair Bolsonaro stormed the country’s capital building in Brasilia on Sunday, a week after President Luiz Inácio Lula da Silva was inaugurated...
Crypto Has a Loss of $3.9 Billion in 2022; Reports Immunefi
Immunefi reported that the crypto industry has a loss of $3.9 billion in 2022. The major cause of the loss is the hacks, constituting 95.6%. The report also suggests that the most targeted chains in 2...
Mycelium Liquidity Pool Suffers Loss Due to Issues With Price Feed
2 hours ago | 2 mins read Defi News The IP address of the protocol was blacklisted by the Binance API component. The Bitfinex API began publishing very fluctuating prices for the ETH/USDT pair. Myceli...
Bitcoin Price To Trade Flat for the Next Few Weeks, Traders Continue to Sell at a Loss!
Bitcoin Establishing Point of Control Below $17,000 Bitcoin is constantly trading below $17,000 for a very long time as the volatility remains at its lowest, making the market participants furious and...
Gopax investors could face $471M loss if Binance acquisition fails
South Korean exchange Gopax needs to repay customers roughly $471 million in deposits locked up in Genesis Trading — which could be lost if Binance acquisition falls through. Binance reportedly comple...
Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report
The FTX debacle has triggered a bank run on Silvergate, causing the company to sell off its assets at a loss and cut staff by 40% to cover $8.1 billion worth of customer withdrawals. According to a re...
Napoli’s First Loss Of The Season Enlivens Serie A Title Race
MILAN, ITALY – JANUARY 04: Victor Osimhen of Ssc Napoli looks dejected during the Serie A match … [+] between FC Internazionale and SSC Napoli at Stadio Giuseppe Meazza on January 4, 2023 ...
Silvergate sold assets at loss to cover withdrawals, laid off 40% of workers
The collapse of FTX sparked a bank run on Silvergate, forcing the financial institution to sell assets at a steep loss to cover some $8.1 billion in withdrawals. The bank has also laid off 40% of its ...
Silvergate Capital bank forced to sell assets at loss, fires 40% of staff
Silvergate Capital was forced to sell assets at a loss in order to cover an $8.1 billion bank run. In response to the crisis, Silvergate laid off approximately 200 employees — 40% of its staff — and a...
Opioid Settlement Drags Walgreens To $3.7 Billion Loss
Walgreens Boots Alliance reported a $3.7 billion loss in its fiscal first quarter thanks to its … [+] share of a massive global settlement with other drugstore chains to settle claims its pharma...
With 70% ETH stakers at a loss, long-term investors could have reason to worry
More than 70% Ethereum stakes were underwater at press time The Shanghai upgrade would enable unstaking once deployed Staking Ethereum [ETH], particularly after the Merge, prompted several conversatio...
Ethereum Stakers In Massive Loss As 80% of Staked ETH Is In The Red
The bear market has resulted in multiple losses for individuals and even large entities, and according to recent data shared by crypto analytics site, Dune analytics, the majority of all ETH stakers a...
Optimism Edges Other L2s In Gas Efficiency, Despite Loss In TVL, Revenue
Optimism (OP) has opened the year on an optimistic note as it enjoys a bull run. On the flip side, it has suffered sluggishness in terms of total value locked (TVL). Here’s a quick snapshot of Optimis...
McCarthy Insists Trump Still Backs Him For Speaker After Historic Loss In 3 Voting Rounds
Topline Rep. Kevin McCarthy (R-Calif.) on Tuesday night claimed he still had former President Donald Trump’s support and will remain in the fight to become House speaker, hours after Trump refused to ...
Bitcoin developer claims loss of $3.3 million after PGP exploit
Bitcoin core developer Luke Dashjr claimed his wallet was hacked due to a Pretty Good Privacy (PGP) key compromise. Dashjr’s wallet had multiple outgoing transactions on Dec. 31, totaling over 2...
Tezos Price Prediction: Will Buyers Recover XTZ’s 92% Loss in 2023?
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Only 0.39% of Elon Musk’s $200B loss is due to BTC volatility
Elon Musk became the first person ever to lose $200 billion according to Bloomberg News, while Tesla lost $783 million to Bitcoin (BTC) volatility, which corresponds to 0.39% of Musk’s loss. Musk’s pe...
Bitcoin stays put with yearly close set to seal 60% YTD BTC price loss
Bitcoin (BTC) kept traders guessing to the last minute into the 2022 yearly close as volatility remained absent from the market. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView BTC price: W...
Dogecoin price analysis: DOGE suffers further setback after 5 percent loss today
Dogecoin price analysis turned severely bearish over the past 24 hours, as price dropped down past the $0.069 support zone to incur a 5 percent decline. DOGE dropped from its long-standing support aro...
Bitcoin Ends 2022 With 55% Supply In Loss, Enough For Bottom?
On-chain data shows Bitcoin is about to end 2022 with a peak supply in loss of 55%. Here’s how this value compares with previous bottoms. Around 55% Of Total Bitcoin Supply Has Been Underwater Recentl...
MicroStrategy adds to Bitcoin stake despite steep loss
In a new filing with the United States Securities and Exchange Commission, software analytics firm MicroStrategy said that it acquired 2,395 Bitcoin (BTC) at an average price of $17,181 for a total of...
Midas investments to cease operations after a $63M loss
Midas Investments becomes the latest victim to succumb to liquidity pressure caused by the 2022 bear market. The platform, established in 2018, provided passive income streams to cryptocurrency invest...
Bitcoin Mining Pool BTC.com Faces Cyberattack and $3 Million Loss of Funds
BIT Mining has reported this incident to authorities in Shenzhen, China, who are investigating the incident and collecting more evidence. BTC.com, one of the largest crypto mining pools, suffered a ma...
Tesla’s Q4 market cap loss tops its 10 EV competitors’ cumulative market worth
The stock of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) was among the best-performing equities emerging stronger from the pandemic as investor interest turned to technology-centered produ...
Bitcoin hodlers sit on record 8M BTC in unrealized loss, data shows
Bitcoin (BTC) is beating records this Christmas as sub-$17,000 price action sparks unrivaled pain for hodlers. Data from on-chain analytics firm Glassnode shows that both short-term and long-term inve...
Hackers liquidate Defrost Finance, triggering a $12m loss
Blockchain security watch firm PeckShield confirmed a flash loan attack in Defrost Finance has led to users losing more than $12 million. Defrost V1 and V2 under investigation After a few users comp...
DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss
Defrost Finance, a decentralized leveraged trading platform on Avalanche blockchain, announced that both of its versions — Defrost V1 and Defrost V2 — are being investigated for a hack. The announceme...
Ravencoin Price Collapse 45%, Will Bulls Recover This Loss Soon?
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50% Bitcoin Holders At A Loss, Why This Is Positive For BTC
Bitcoin is back to its crab-like price action as macroeconomic forces fight with new developments in the crypto industry. The number one crypto by market cap has seen one of its bloodiest years, but i...
Rite Aid Loss Hits $67 Million As Covid Shots And Testing Decline
Rite Aid reported a quarterly loss of more than $67 million due in part to “a reduction in COVID … [+] vaccine and testing revenue,” the drugstore chain said Wednesday, Dec. 21, 2022. Rite Aid R...
Tesla stock plunges as investors fear Twitter dramas, loss of China sales
Tesla shares fell 8.12% Tuesday after Wall Street downgraded price targets on the electric vehicle maker’s stock. Analysts fear that CEO Elon Musk is distracted by his hostile takeover and micro...