Agustin Carstens, the head of the Bank for International Settlements (BIS), believes the argument that crypto is an alternative to fiat currency was settled after a very tumultuous year for the digita...
Tag: lost
We’re in our 60s and have lost $250,000 in our 401(k) plans — can we still retire?
I am a 61-year-old female who has worked for the same financial institution since the age of 16. I will have 50 years at the company if I retire at 66. I’ve lost over $150,000 in my 401(k) this past y...
Edward Snowden Fires Back at BIS Chief Amid Claims That Crypto Has Lost to Fiat
The NSA whistleblower launched an unapologetic verbal attack against the BIS chief in a series of tweets. National Security Agency consultant cum whistleblower Edward Snowden has fired back at the chi...
Jamie Dimon says the Federal Reserve has ‘lost a little bit of control of inflation’
JPMorgan Chase CEO Jamie Dimon said Thursday that the Federal Reserve has lost some control of inflation, but noted the U.S. economy continues to show signs of strength. “I have all the respect ...
‘Stupid Money’ Account Lost $2 Million in USDC in Half Year, Here’s How Not to Trade Ethereum
Arman Shirinyan Sometimes trying to get in at any cost is not best idea out there The recent rise and fall of Ethereum’s price has prompted some investors to engage in risky behavior. Many have ...
FOI reveals 32 UK crypto traders lost over $2M to FTX
Crypto traders in the UK have turned to the police for help after losing nearly $2.3 million following the collapse of Sam Bankman-Fried’s (SBF) FTX empire. As reported by CityAM, a freedom of informa...
Los Angeles Dodgers Hope To Replace Lost Offense With Veteran Offseason Acquisitions
Boston – May 19: Boston Red Sox left fielder J.D. Martinez (28) walks to the dugout after flying out … [+] in the 1st inning. The Boston Red Sox host the Seattle Mariners in an MLB game at...
Crypto Markets Lost $50B Following Wall Street Tuesday Crash: Market Watch
Bitcoin failed at decisively overcoming $25,000 once again yesterday, and the subsequent rejection brought it back down to just below $24,000. Most altcoins have suffered even more on a daily scale, w...
Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis – Bitcoin News
According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over...
SEC Lost 4 Out of 5 Cases Thanks to Courage of a few: Stuart Alderoty
Ripple’s General Counsel Stuart Alderoty states that the SEC lost 4 out of 5 of its current crypto cases thanks to the courage of a few. Defense lawyer James K. Filan and Crypto Law founder John E Dea...
Lost Your Crypto? Who Are You Gonna Call?
Join Our Telegram channel to stay up to date on breaking news coverage Most individuals in the crypto community lose their digital assets and often have no means of recovering them. However, Chiron In...
If You Bought Bitcoin After 2015, You’ve Likely Lost Money: BIS
The only investors making money from buying Bitcoin are the whales and pro traders—and if you bought the cryptocurrency after 2015, you’ve probably lost money. That’s according to a new report from t...
Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’ – Featured Bitcoin News
Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operati...
Majority of bitcoin retail investors lost money in the last seven years: BIS
The major crypto debacles of 2022 caused a spike in retail crypto trading, new data from the Bank for International Settlements suggests. However, the data suggests that large investors sold their ass...
Fund manager Daniel Cheung suing over lost funds
People • February 20, 2023, 1:10PM EST Syncracy Capital Co-Founder Daniel Cheung has filed a lawsuit alleging he was scammed out of nearly one million dollars. In a lawsuit filed in the U.S. District ...
Jump Crypto profited from Terra Luna as investors lost billions
Sources familiar with the Securities and Exchange Commission’s (SEC) lawsuit against Do Kwon have named Jump Crypto as the beneficiary of $1.28 billion dollars in profit from his decimated crypto empi...
BlockTower Capital Lost $1.5 Million: Blockchain Data
Earlier on Friday, Dexible, an automated trading platform in decentralized finance (DeFi), was the victim of a $2 million exploit, according to a report by the team uploaded on the official Discord se...
$2 Million Worth of Cryptocurrency Lost in Dexible Hack
According to a post-mortem report published by the team on the official Discord channel of the project on February 17, the multichain exchange aggregator Dexible has been compromised by an exploit, an...
How This Woman Lost Over $200K in a Crypto Romance Scam
A British pensioner living in Nottinghamshire parted with $207,000 after becoming a victim of a bitcoin romance scam. The police managed to restore some of the stolen funds and warned people to be ext...
OpenSea implements 0% fees to win over NFT user base lost to Blur
Major nonfungible token (NFT) marketplace OpenSea announced a massive structuring around lower platform fees and greater creator earnings as competing marketplaces continue to drain away its once domi...
These investors lost access to their funds. Now they may be liable for taxes
Join Our Telegram channel to stay up to date on breaking news coverage After his account with the insolvent cryptocurrency lender Celsius Network was suspended, locking more than $210,000 in assets, R...
Binance reserves lost $2.3B following BUSD debacle
Ad Investors withdrew around $2.3 billion worth of Binance USD (BUSD) from Binance within four days after the Securities and Exchange Commission (SEC) issued a warning to BUSD issuer Paxos. The SEC re...
Millions of dollars already lost to hacks in 2023
Security breaches and hacks have become a harsh reality in the rapidly growing world of cryptocurrencies. With millions of dollars worth of assets on the line, staying ahead of the game and protecting...
UPST Stock Lost About 38% in 2 Weeks; Seller Dominance is Ending
The AI-lending platform may benefit from the growing interest in tech UPST stock was up by 4.72% since its previous close Artificial Intelligence (AI) is the talk of the town nowadays. Experts believe...
ReclaimYourCrypto Rescued Lost Blockchain.com Wallet Funds
ReclaimYourCrypto, a leading cryptocurrency wallet password recovery service, has announced the successful completion of accessing a Blockchain.com wallet, which holds a “pretty significant amount.” T...
6 Tips For Wooing Back Lost Retail Customers
Here are six ways to win back lost customer love. getty Seven in 10 relationships reportedly fail within the first year. Are retail-customer relationships any better? This is the right time of the yea...
Credit Suisse CEO Fights on All Fronts as He Faces Lost Year
(Bloomberg) — When Ulrich Koerner unveiled a plan to salvage Credit Suisse Group AG in October, the chief executive officer promised to create a new bank. His subsequent failure to reverse a sta...
DeFi Protocol dForce Suffers Reentrancy Attack, $3.6 Million Lost
DeFi protocol dForce suffered a loss of over $3.6 million, which the hacker was able to siphon off thanks to a reentrancy attack executed on the Arbitrum and Optimism chains. The attack was due to a ...
Trader Warns Bitcoin Uptrend Will Be Lost if Top Crypto Closes Below This Number
A widely-followed crypto analyst says Bitcoin (BTC) is on the verge of losing a key support level as the king crypto stumbles. With BTC trading for $22,517 at time of writing, down 2% on the day, pseu...
550 BNB lost in contract exploit by decentralized exchange
Recently, the decentralized exchange (DEX) system known as CoW Swap came under assault, resulting in the loss of at least 550 BNB (BNB) due to a contract hack that permitted money transfers away from ...