DoorDash Inc (NYSE: DASH) is up 15% in extended trading on Thursday even though the food delivery company reported a wider-than-expected loss for its fiscal second quarter. Why is DoorDash stock up af...
Tag: lost
ZB.com lost around $4.8 million during the suspension of its services
The security company focused on Blockchain networks, PeckShield, recently indicated that $4.8 million in crypto were stolen through ZB.com. This occurred while the exchange announced that transactions...
After Nomad, Solana, Another Crypto Hack As ZB Exchange Funds Lost
With back to back security compromises with Nomad and Solana, the crypto ecosystem suffered big jolts this week. In a fresh case of a similar compromise, a cryptocurrency exchange is believed to have ...
South Korean VC firm Hashed lost more than $3 billion in LUNA collapse
Hashed CEO Simon Seojoon Kim disclosed in a Bloomberg interview that the VC firm lost more than $3 billion from its investment in LUNA after it crashed in May 2022. Hashed bought about 30 million LUNA...
South Korean VC Firm Hashed Lost Up to $3.6B to LUNA Crash: CEO
With many crypto companies notably finding it difficult to share the extent to which the collapse of TerraUSD (UST) and LUNA coins affected their businesses, Simon Seojoon Kim, the Chief Executive Off...
Venture Capital ‘Hashed’ Lost Over $3 Billion Following Terra Crash
2 hours ago | 2 mins read Altcoin News The firm bought 30 million LUNA in Terra early on and ended up losing. At its peak, the 30 million tokens bought by Hashed were valued around $3.6 billion. Hashe...
Waves Community Backs Plan to Reimburse $500M of Lost DeFi Funds
The community behind blockchain protocol Waves has voted to reboot non-custodial lending protocol Vires.Finance following the depegging of the Waves stablecoin USDN back in April. At that time, the d...
Chainalysis reports $2B lost in cross-chain bridge hacks
Research conducted by blockchain data platform Chainalysis estimated that $2 billion was lost from cross-chain bridge hacks so far in 2022. Chainalysis stated in the report that the issue now “represe...
Hashed Lost $3B on Terra’s Meltdown, CEO Tells Bloomberg
Key Takeaways Hashed lost more than $3 billion in paper gains on its LUNA bet, the firm’s CEO Simon Seojoon Kim has told Bloomberg. The venture capital firm was one of several crypto giants to t...
Tilray Lost Money in 2022, But 2023 Might Be Different, Says Analyst
Canadian cannabis concern Tilray (TLRY) got a big boost from earnings last week. The company reported that it grew its sales 8% in the fiscal fourth quarter of 2022, and grew sales 22% for the year as...
Welsh man claims he can pay for landfill dig in search of lost 8,000 bitcoin
A Welsh man who accidentally threw away a hard drive containing 8,000 bitcoin almost a decade ago claims he has “secured funding” for a landfill excavation to recover his bags and, if found, give 10% ...
Polygon’s MATIC Has Lost a Vital Support Level
Key Takeaways Around 1.4 billion MATIC tokens were transferred from Polygon’s vesting contract Monday. The transaction was followed by a spike in selling pressure, pushing the token below critical sup...
Here’s How Nomad Bridge Lost $190M In Another High-Profile Crypto Exploits
On August 2, Nomad bridge hinted that it was aware of the on-going exploit. Hours later came the news that the complete protocol’s funds of over $190 Million were washed off. For the uninitiated, Noma...
Nomad lost $190M in a decentralized robbery
Nomad was recently the victim of a crypto theft, where around $190M was stolen. In theory, this would correspond to a code error within the crypto platform that facilitated virtual thefts by copying a...
Nomad Lost Nearly $190m TVL in “Decentralized Robbery”
Cross-chain token bridge Nomad was breached on Monday, which resulted in a loss of cryptocurrency worth almost $200 million. In a statement published on Twitter, the trading platform confirmed the hac...
Netflix’s Most Expensive Movie Ever Quickly Lost The #1 Spot To This Low-Budget Romance
‘Purple Hearts’ took the #1 spot on Netflix’s Top 10 charts from ‘The Gray Man.’ Netflix 6 Underground. The Irishman. Triple Frontier. Bright. Army of the Dead. NetflixNF...
Binance CEO Deny Reports That Exchange Lost Billions in Revenue And 90% of Users After Implementing KYC
– Advertisement – Reports that Binance lost billions of dollars in revenue and 90 percent of its users after adopting KYC are false, according to Binance CEO Changpeng Zhao (CZ). Binance...
Meitu Has Lost a Lot of Money Thanks to Crypto
Beauty software company Meitu says it has lost a lot of money on crypto. Meitu Is Suffering Due to Crypto’s Volatility Meitu is one of a few institutional investors that chose to get involved in crypt...
A British Resident Says He Needs Robotic Dogs To Search For His Lost 8,000 BTCs
James Howells, a British resident, said he needs several robot dogs from Boston Dynamics in his search for a landfill fin Wales. Howells is actually searching for a missing Bitcoin hard drive that con...
Babel Finance lost over $280 million in proprietary trading with customer funds
Babel Finance, the troubled Asian crypto lender that abruptly halted client withdrawals last month, suffered heavy losses due to proprietary trading with customer funds, according to its restructuring...
Babel Finance Lost Over $280 Million of Customer Funds to Risky Trading, Eyes Fundraising
Struggling crypto lender Babel Finance lost over $280 million of customers’ funds in trading. The crypto lender, which stopped withdrawals last month, lost 8,000 Bitcoins and $56,000 ETH last month du...
Babel Finance Reportedly Lost $280M Trading Bitcoin and Ethereum
7 hours ago | 2 mins read Defi News As of July 2022, the deck claims that the company lost 8k BTC and 56k ETH in June. The wallet management staff allocated the funds to trading accounts. Four large c...
Babel lost over $280M trading with customer funds; wants to raise up to $300M
Embattled crypto lender Babel Finance lost over $280 million while trading with customer funds, The Block reported July 29, citing the firm’s restructuring proposal deck. The report said that Babel Fi...
Crypto Firm Lost $300 Million, Is This The Last Straw To Regulation?
The calls for crypto regulation intensified as reports revealed that Babel Finance lost a huge sum to proprietary trading using customer funds. The Asian crypto platform that recently suspended its wi...
Babel Finance Lost Over $280m in Proprietary Trading with Customer Funds
Babel Finance has undergone severe loss as it executed proprietary trading with customer funds. The Asian crypto lender has been in trouble and abruptly suspended client withdrawals from last month. T...
NFT Projects Lost $22M to Largely the Same Hackers on Discord: Reports
Two Web3 security firms have issued reports focused on the recent scourge of hacks targeting NFT projects, likely by a linked group of hackers using compromised Discord server administrator accounts. ...
NFT Projects Lost $22M to Largely Same Hackers on Discord
According to Chris Janczewski, head of global investigations at TRM Labs, Discord may not necessarily have a weakness, but it is “just a very target-rich environment.” A Web3 security firm, TRM Labs i...
NFT Projects Lost $22 millions to the Same Hackers on Discord
Hackers are targeting Bored Ape Yacht Club and other NFT projects are part of a wider network Cyber attacks against NFT collections have steadily risen NFT community lost over $22 million in May Two...
Robot Dogs Can Dig Up Lost Bitcoin –
The machines can also be used as killing machines BTC Price at the time of writing – $21,101.94 Each Robot costs $75,000 each James Howells, who made news in the wake of losing 8,000 bitcoins on a har...