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Report: Over $204 Million Lost to DeFi Hacks and Scams in Q2


More than $204 million was lost in various hacks and scams in the decentralized finance (DeFi) space during the second quarter of 2023, a new report by crypto portfolio app De.Fi has found. According to the report, the initial loss for the quarter was as high as $208.5 million before $4.5 million...

Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million


Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment...

Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered


According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action....

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