Gala Games calls his community for calm after fear of a multi-billion dollar hack. Due to this misplaced fear, the GALA token has fallen by about 25.6%. The fear of a hack initiated as a single wallet...
Tag: Loss
TransMedics Clocks Small-Than-Expected Q3 Loss, Boosts FY22 Guidance
TransMedics Group Inc (NASDAQ: TMDX) posted a Q3 EPS loss of $(0.25), better than the consensus of $(0.41) and $(0.47) a year ago. Net revenue of $25.7 million increased 378% Y/Y, beating the consensu...
Spooky Season: Poieeeyee x Reddit Suffers Colossal 69% Loss, More Dynamic NFT Project Orbeon Protocol (ORBN) Rapidly Selling Out Presale
The new Poieeeyee x Reddit collection does not look like it is going to plan – it seems as though all the excitement did very little to mitigate the 69% loss in value. Meanwhile, Orbeon’s first stage ...
Musk Laments Loss Of Twitter Advertisers And Acknowledges Trying To Back Out Of Deal
Topline On the same day Twitter started laying off thousands of workers, Elon Musk doubled down at an annual investment conference in Manhattan on the challenges he faces in trying to bolster profits ...
pNetwork’s $1B loss exposes the vulnerabilities of Web3
pNetwork suffers huge damage after taking a wrong attempt to fix a supposed misconfiguration. However, pNetwork suffered a hacking attempt and showcased the blockchain-based business’s curse. Hackers ...
MicroStrategy’s $1.99B Bitcoin Impairment Loss Could Be Avoided If Invested in Ethereum
According to MicroStrategy Inc.’ (NASDAQ: MSTR) third-quarter 2022 financial results, the company is counting an impairment loss of approximately $1.99 billion on its Bitcoin holding. However, a study...
Coinbase Witnesses a Third-Quarter Loss as Volumes Fall
2 hours ago | 2 mins read Editors News Coinbase’s transaction revenue has decreased by 44% from the second quarter. Transaction revenue had dropped from $655.2M in the second quarter to $365.9M. Coinb...
Block reports $14.7 million net loss in Q3, $1.76 billion in bitcoin sales
Block Inc. reported a $14.7 million net loss in the third quarter and bitcoin sales volume of $1.76 billion in the third quarter. The net loss accounts for a $2 million impairment loss related t...
Robinhood’s crypto revenue headed for a loss in the third quarter
Robinhood released its third quarter report of this year. The third quarter 2022 of this platform ended on September 30, 2022. On November 2, Robinhood, an online trading brokerage released its ...
Best place to buy Roku stock: it’s plunged 18% on loss forecast and shrinking Ad revenue
Roku stock price has taken a hit in the Pre-Market hours after the company forecast a wider-than-expected Q4 loss citing pressure on advertisers’ budgets. The pre-market pledge comes a day after the s...
Deribit hacked for $28m; Company reserve covers loss
Deribit recently became a victim of the hacking attack as its hot wallet was compromised for funds worth $28 million in value. The Incident reportedly happened in the late evening of November 01, 2022...
Roku Plunges 24% on Forecast for Loss, Shrinking Ad Budgets
(Bloomberg) — Roku Inc., the maker of set-top boxes consumers use to watch Netflix and other streaming services, slumped in late trading after forecasting a wider-than-expected fourth-quarter lo...
MicroStrategy Disclosed Narrowed Net loss of $27.1 Million
In the Q3 earnings report of MicroStrategy, a narrowed net loss of $27.1 Million for the quarter has been noted. Instead of poor market conditions, the firm continued its growth in the Bitcoin portfol...
SoFi Stock Leaps on Narrower-Than-Expected Loss and Revenue Beat
SoFi Technologies was surging after posting a narrower-than-expected third-quarter loss and revenue that exceeded forecasts. SoFi (ticker: SOFI), the financial-technology company, reported third-quar...
CVS Reports $3 Billion Loss To Cover Its Share Of Global Opioid Settlement
CVS Health Wednesday, Nov. 2, 2922 reported a quarterly loss of more than $3 billion to cover its … [+] share of a global opioid settlement in the works with various states, counties and local g...
Coinbase blames SEC’s XRP lawsuit for $15B loss to retail traders, Dogecoin investors sell $110M in DOGE
The biggest news in the cryptoverse for Nov. 1 includes Coinbase arguing that SEC’s lawsuit against Ripple caused $15 billion in losses for retail traders, Hackers stealing about $760 million in 44 ha...
Despite $27M Loss, MicroStrategy Records Improved Q3 As Bitcoin Holds Steady
Despite posting a net loss for the third quarter, MicroStrategy booked a dramatic improvement from the preceding three months amid muted bitcoin volatility. MicroStrategy executives said during an ea...
MicroStrategy Q3 loss narrows, but revenue drops year-over-year; 301 BTC added to portfolio
MicroStrategy released its earnings report for the third quarter of 2022 on Nov. 1, saying it achieved “strong” year-over-year growth in subscription services and “record” growth in subscription billi...
Needham dubs Uber shares its top pick despite a big Q3 loss
Uber Technologies Inc (NYSE: UBER), on Tuesday, reported to have ended its fiscal third quarter with a significant loss. Shares are still up more than 15% this morning. Why are Uber shares up that muc...
Uber shares up despite a Q3 loss
Uber Technologies Inc (NYSE: UBER), on Tuesday, reported to have ended its fiscal third quarter with a loss. Shares are still up more than 15% this morning. Why are Uber shares up that much? Investors...
The Good, Bad And Ugly From The Green Bay Packers’ Loss To The Buffalo Bills
Buffalo quarterback Josh Allen scrambles during the first half of the Bills’ 27-17 win over the … [+] Green Bay Packers on Sunday night. Copyright 2022 The Associated Press. All rights res...
Dogecoin Recovers 24 Weeks Loss in Just 7 Days, Now Can we Buy it for a Longer Term?
Dogecoin price surged over 100% during seven trading sessions. On the weekly price scale, DOGE price retested the 100 DMA this week. The market cap reached $16.4 billion, with a 16.4% gain overnight. ...
XCN, MKR, CSPR, BNX and QNT Start to Dump After Loss of Support
BeInCrypto takes a look at the five projects that dumped the most last week in the crypto market, more specifically, from Oct. 14 to Oct. 21. These are the worst-performing cryptocurrencies that ...
Wisdom Tree takes 36% loss in crypto assets in Q3
Investment management firm Wisdom Tree reported a 36% decline in its crypto holdings, which slid to $178 million at the end of the third quarter. In an earnings report filed with the SEC on Oct. 28, W...
Pinterest shares up despite Q3 loss: how come
Pinterest Inc (NYSE: PINS) opened about 15% up on Friday even though the social media service reported to have swung to a loss in its fiscal third quarter. Why are Pinterest shares up this morning? Pi...
Twitter Reacts to Mark Zuckerberg’s $100 Billion Net Worth Loss
Online advertising sluggishness, competition from TikTok, and increasing skepticism about the Metaverse led to a disappointing third-quarter earnings report Oct. 26 for Meta (META) . Shares closed Oct...
Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’ – Bitcoin News
Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatil...