We’re retired and recently lost $100K from our portfolio. Our adviser said ‘we could lose another $100K in 2023.’ Is that crazy? 

Should you decide to switch advisers, be clear about your expectations and get a good understanding of the new adviser’s investment philosophy. Getty Images/iStockphoto Question: I retired in October ...

Crypto Investors Lost $3.8 Billion in Last Year’s Crypto Hack

Last year was the biggest year ever for crypto hacking with $3.8 Billion stolen from DeFi Protocols. The North Korea-linked hackers almost exclusively used Tornado Cash to launder cryptocurrency stole...

Has XLM lost its bullish momentum?

Stellar is a peer-to-peer transactions network dedicated to financial systems designed to transact financial data and resources smoothly at lower costs. It also helps in decentralized finance and appl...

Meta’s Reality Labs lost $13.7 billion on VR and AR last year

Mentions of the “metaverse” were relatively few and far between in Meta’s quarterly earnings call this week — we counted a mere seven mentions compared to 23 for “AI” — b...

Orion Protocol Hacked, $3 Million Lost: Here’s How

Vladislav Sopov Orion Protocol’s architecture was attacked, says Peckshield; CEO Koloskov claims no user funds affected Contents Orion Protocol hacked for $3 million thanks to well-known bug: Pe...

FTX Warns Its Customers About Scammers Offering Return Of Their Lost Funds

Bad actors are attracted to the blockchain space due to its anonymous nature; these individuals seek to scam and steal funds from investors. This time, a group of fraudsters targets the already embatt...

Stablecoins Lost $3 Billion Within 44 Days

Since December 15, 2022, the top stablecoins have lost their market capitalization by nearly $3 billion. On December 15th, the stablecoin economy was valued at $141.07 billion. After losing more than ...

Meta Lost $13.7B on Metaverse Initiative in 2022

Mark Zuckerberg’s Metaverse bid proved costly for the company amidst a persistent bear market as Reality Labs lost $13.7 billion in 2022. According to Meta’s earnings release, the company’s metaverse ...

FTX Has Uncovered Several Lost Assets

Representatives of the now fallen crypto exchange FTX say the company has uncovered about $5 billion in new assets which consist of crypto, cash, and liquid investment securities. FTX Has Found About ...

How Gautam Adani Lost More Than $50 Billion In A Week—And His Ranking As Asia’s Richest

Topline Here’s a timeline of how Indian billionaire Gautam Adani has seen his fortune shrink by $51.7 billion in the past week as his group of companies have had to battle against allegations of stock...

This ultrarich New York family lost billions on Enron, Bernie Madoff, and now FTX — here are 3 simple tricks to avoid getting scammed yourself

Like a man struck by lightning three times, billionaire oil baron Robert Belfer has the dubious distinction of falling prey to Enron’s corruption, Bernie Madoff’s Ponzi scheme and the implosion of cry...

Tom Brady Has Lost a Lot of Money Because of FTX

Tom Brady and his now ex-wife Gisele Bundchen have lost close to two million shares that were at one point, worth as much as $150 million in the now dead FTX crypto exchange. The famous pair were amon...

How Tesla lost $140m on Bitcoin in 2022 – Cryptopolitan

Last year, Tesla took a massive financial hit after it invested in Bitcoin and ultimately lost $140 million. In a SEC filing, Tesla revealed that it took an impairment charge of $204 million while gai...

Crypto users lost $28m to scammers in January

A report by web3 security firm CertiK has revealed that crypto users lost a combined $28 million to an assortment of exploits, hacks, and scams in January. According to the report, the industry lost a...

Binance customer says money lost in P2P transfer

In a move that could unsettle Binance users, the exchange recently deleted an inquiry regarding lost funds from a customer going by the username abd_akiki under unclear circumstances. Customer account...

Bitcoin miner Greenidge lost $130M in 2022 Q4; restructures debt with NYDIG, B. Riley

Bitcoin (BTC) mining firm Greenidge said it lost about $130 million during the fourth quarter of 2022 while earning just $15 million, according to a Jan. 31 statement. The BTC miner was one of the sev...

Crypto-Focused VC Firm Pantera’s Liquid Token Fund Lost 80% in 2022

The fund’s top three performers for the hard-hit November period were Cosmos’ ATOM token, Chainlink’s LINK and Optimism’s OP, while Uniswap’s UNI, Solana’s SOL and ether ...

Americans lost an average of over $1,800 to financial errors in 2022 — here are 3 money mistakes you might not even realize you’re making

‘Financial illiteracy is an epidemic’: Americans lost an average of over $1,800 to financial errors in 2022 — here are 3 money mistakes you might not even realize you’re making Americans are lea...

UK woman allegedly lost $25K bitcoin in attempt to hire hitman

A UK court has branded a dark web site advertising bitcoin-for-hire hitmen an “absolute sham” and “palpable nonsense” after a woman, who allegedly tried to have a one-time fling murdered, lost $25,000...

Jim Cramer says his group of FANG tech companies have lost their magic

CNBC’s Jim Cramer on Monday said that it’s time to acknowledge that his group of Big Tech FANG companies — the acronym for Facebook parent Meta Platforms, Amazon, Netflix and Google parent...

Aftermath Islands releases The Lost Kingdom of T’Sara

Much has been said about virtual and augmented reality platforms and the Metaverse over the last few years. Facebook rebranded to Meta, Decentraland sold virtual land plots for tens of thousands of do...

This Canadian Man Lost his Life Savings in a Crypto Scam on YouTube

Stephen Carr – a resident of Meaford, Ontario – said he lost his entire life savings of nearly $500,000 after being conned into a cryptocurrency scheme on YouTube. Scammers have used the video-sharing...

Scaramucci’s SkyBridge Capital Lost 39% Last Year: Bloomberg

Anthony Scaramucci’s investment management firm SkyBridge Capital lost 39% in its biggest funds last year thanks to bad crypto-related bets, including an equity partnership with now-failed crypto exch...

Michigan State Swimmers Lost Their Program But Can Claim Victory Moving Forward

AUSTIN, TX – MARCH 23: General view of the pool area during the Division I Women’s Swimming & Diving … [+] Championship held at the Lee & Joe Jamail Texas Swimming Center on ...

Moonbirds creator Kevin Rose hacked, at least $1m in NFTs lost

The founder of the NFT project Moonbirds, Kevin Rose, lost at least $1 million in NFTs in a wallet exploit.  The Block identified the hacker’s address, which appears to have taken around 4...

Top Reasons Why Bitcoin Price Lost Its $23K Resistance

The crypto market kicked off the year 2023 on a positive note and majority of the cryptocurrencies landed on a high trading area. However, now it looks like the market has taken a U-turn as most of th...

Edward Kim Wants Community To Reimburse 296M LUNC in Lost Fees

– Advertisement – Edward Kim Submits 296M LUNC Community Spend Proposal To Reimburse Lost Fees. Kim wants the community to reimburse those who lost fees when the network experienced challe...

Crypto lost more than half its value in 2022

The Coingecko 2022 industry report stated that crypto lost more than half its value, but consolidated, with BTC and ETH seeing a steady growth in addresses. Although acknowledging that the crypto bubb...

This Chinese billionaire has lost over 90% of his fortune and analysts are worried about the future of his 200,000 staff

The chairman of an embattled Chinese real estate developer has seen his wealth drop from $42 billion to $3 billion as the country’s formerly hot property market continues to slow. Hui Ka Yan was...

3 Reasons Why Shiba Inu (SHIB) Lost All of Its Gains from Yesterday

Arman Shirinyan Shiba Inu is losing almost all of its gains as investors face harsh reality Shiba Inu’s most recent recovery was explosive, unexpected and short-lived. The asset broke the local ...

DraftKings Inc. (DKNG) Under Sellers Radar – DraftKings Stock Price has lost 3.30% already in Thursday

Draftkings stock price is under sellers radar as buyers failed to sustain at the top. DKNG share price has fallen around 3.30% as soon as Thursday’s trading session started and sellers might try for a...

FTX Lost $415 Million in Crypto Hack After Filing Bankruptcy  

FTX, the bankrupt crypto exchange, informed its creditors in its January 17, 2023, report that the exchange had lost around 415 million US dollars in cryptocurrency due to hacks.     John Ray, current...