Crypto Exchange Gemini Suffers $485M Rush of Outflows Amid Contagion Fears

Gemini, a crypto exchange and custodian founded by the Winklevoss brothers, has suffered a rush of withdrawals as crypto firms wrestle with the reverberations of the FTX-Alameda bankruptcy and subsequ...

Gemini Exchange Suffers Temporary Outage, Citing ‘Site Maintenance’

Gemini users temporarily lost access to the exchange Wednesday following an announcement the company was pausing its Earn product, but the outage was apparently due to an unrelated server issue.  Gemi...

Chainlink Suffers 40% Loss In Last Week

Chainlink (LINK) managed to trim its losses after it made a bounce back despite the continuing uncertainty in the crypto market caused by Bitcoin and Ethereum’s recent respective declines.  According ...

Jay Leno says he’s ‘ok’ after he suffers serious burns in car fire

Jay Leno at The Library of Congress Gershwin Prize tribute concert at DAR Constitution Hall on March 04, 2020 in Washington, DC. Shannon Finney | Getty Images Jay Leno is recovering from serious burn ...

FTX Suffers $400M Hack, Remaining Funds Moved to Cold Storage

About $400 million worth of cryptocurrency was siphoned from the beleaguered FTX exchange in the last few hours. After declaring bankruptcy just hours before, the exchange stated that it had been hack...

Tether also suffers the collapse of FTX

USDT, the stablecoin issued by Tether, fell 1% below its peg to the US dollar due to continued market turmoil, a direct result of the collapse of the FTX exchange.  The largest stablecoin on the marke...

SBF’s Wealth Suffers an Estimated 94% Drop After FTX Fiasco: Bloomberg

The past few days saw extreme turbulence related to FTX, Alameda, and Binance. In the wake of it, ending with Binance’s statement of intent to take over FTX’s business, the CEO of both companies has b...

R1 RCM stock suffers record selloff of more than 51% after rare profit miss, physician customer missed payment

Shares of R1 RCM Inc. RCM, -49.76% plummeted a record 51.7% toward a 4 1/2-year low in afternoon trading Tuesday, after provider of revenue cycle management services to health care providers missed qu...

DraftKings stock suffers worst day on record as ‘patience remains thin’ with gambling company’s losses

Shares of DraftKings Inc. suffered their worst daily performance on record Friday, after the sports-betting company topped revenue expectations but appeared to spook investors with its discussion of c...

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 ...

SushiSwap (SUSHI) Suffers Monthly Drop In Total Value Locked.

Traders and investors in SushiSwap face a unique conundrum as optimistic and bearish signals battle for control of the market. The recent inclusion of SushiSwap on Boba Network may account for the inc...

Largest Cryptocurrency Options Exchange Deribit Suffers $28 Million Hack

Alex Dovbnya Deribit’s hot wallet has been drained of $28 million worth of crypto Deribit, the largest cryptocurrency options exchange, has suffered a $28 million hack, according to an announcem...

Crypto Exchange Deribit Suffers Hack, $28,000,000 in Bitcoin, Ethereum and USDC Vanish After Wallets Compromised

A crypto exchange platform has been hacked to the tune of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and stablecoin USD Coin (USDC). Digital assets exchange Deribit tells its 52,000 T...

Crypto Exchange Deribit Suffers $28 Million Hack, Halts Withdrawals

Leading cryptocurrency futures and options exchange Deribit has been hacked with the attackers draining $28 million from its hot wallet. Deribit revealed the incident in a tweet on Wednesday, saying t...

USDC Issuer Circle’s $9 Billion Acquisition, Public Listing Suffers Delay

Special purpose acquisition company Concord Acquisition Group plans to further delay USDC issuer Circle’s acquisition to January 2023. Circle’s CEO Jeremy Allaire earlier confirmed plans to go public ...

Top 100 DeFi Crypto Project Suffers 20-Hour Network Outage Due to Technical Issue

A top-100 decentralized finance (DeFi) crypto project is recovering after enduring a 20-hour network outage due to a technical error this week. THORChain (RUNE), a decentralized cross-chain liquidity ...

Should you buy RUNE after THORChain suffers an outage due to a software bug?

THORChain (RUNE/USD) was halted on October 27, 2022, due to a software bug. THORChain, a blockchain network built on top of Cosmos (ATOM/USD), is essentially a decentralized liquidity protocol that al...

Team Finance suffers an exploit of $14.5M

Team Finance, a crypto liquidity provider, unveiled on Thursday that they have suffered a loss of $14.5M through a smart contract bug in its system. It said in a tweet that they are exploited through ...

Meta Suffers $3.7B Loss In Metaverse

Meta’s Reality Labs suffered heavy losses in the third quarter of the year and hemorrhaged nearly $3.7 billion.  Meta Still Struggling With Metaverse Dreams  Reality Labs, which is the division respon...

Meta Suffers a Loss in Their Metaverse Sector

Facebook Reality Labs (FRL) divisions outlined a $2.8 billion loss in Q2, 2022. Shift from “Facebook” to “Meta” states Mark’s intention to get fully involved in the metaverse. Meta’s metaverse divisio...

Foot Locker Suffers A One-Two Punch As It Cuts Ties With Yeezy And Nike Pulls Back

Ye Getty Images for BET Foot Locker was already reckoning with the difficult reality that Nike is pumping the breaks on its relationship and wants to sell significantly fewer shoes in its stores. Then...

Meta’s Reality Lab division suffers $3.7B loss in Q3

Meta’s concerns have been surging for a while as the company notes another big blow. Reality Lab, Meta’s metaverse branch, recently disclosed facing 3.7 billion dollars in losses during 2022 Q3. The V...

Ethereum 2.0 Flops, BNB Suffers Worst Hack Ever, Big Eyes Presale Hits $8.5M: Crypto’s Hectic October

It’s been a big month in cryptocurrency news. The long-awaited Ethereum (ETH) Merge (also known as Ethereum 2.0) has arrived and has been met with mixed reception thus far. What should have been a maj...

BitKeep suffers $1M hack

Decentralized multichain wallet BitKeep lost $1 million on Oct. 17 to a hacker who exploited its swap features on the BNB chain. Blockchain security company PeckShield first drew attention to the hack...

BSV Network Suffers Empty-Block Mining Attack

Bitcoin SV is getting bogged down after a majority hash power began mining blocks that don’t include any transactions.  In response to the event, the Bitcoin Association has contacted all relevant exc...

SOL price suffers further downtrend at $29.94

Solana price analysis for 15th October 2022 reveals that SOL opened the daily trading session at an intraday high of $30.71. There was some buying action in the market during the start of the day, and...

XEN crypto down 39% as it suffers multiple attacks

The newly launched XEN Crypto is down 39% in the last 24 hours after a user found a way to mint over 100 million tokens on FTX without paying any gas fees. Exploit mints over 100 million tokens Accord...

Cardano (ADA) Tumbles 9% as Crypto Suffers Another Red Day: Market Watch

The cryptocurrency market went through yet another day in red, losing around $12 billion of its total capitalization. This comes as Bitcoin is struggling to maintain its price above $19,000, whereas m...

Solana network suffers another $100M scam at Mango Markets

A decentralized blockchain Solana has suffered several exploits over two months. While the rest of the market was busy trading digital assets, the Solana network was experiencing a scam through its Ph...

Solana-Based Mango Protocol Suffers $100M+ Exploit

Mango Markets was victim to the latest exploit this week, as crypto cannot seem to escape an absolutely abhorrent Tuesday. Two exploits less than one day apart – and less than a week after the BNB Cha...

‘Quantum-Resistant’ Blockchain QANplatform Suffers Bridge Hack for Over $1 Million

Layer 1 blockchain QANplatform, which touts itself as resistant to attacks aided by quantum computing power, was today the target of a bridge hack that resulted in the theft of 1.4 billion QANX tokens...

FTX partners with Visa, BNB Chain suffers exploit and Elon Musk returns to $44B Twitter deal: Hodler’s Digest, Oct. 2-8

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...