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AI Eye: AI content cannibalization problem, Threads a loss leader for AI data?
17.7.2023
The reason AIs will always need humans, religous chatbots urge death to infidels, and is Threads’ real purpose to generate AI training data?
BTC traders brace for $30K loss — 5 things to know in Bitcoin this week
17.7.2023
BTC price performance is getting market participants worried in the short term, but the signs of wider Bitcoin accumulation are there
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
13.7.2023
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek...
Bitcoin's Price Bump to $30K Sees Short Traders Nurse Biggest Loss in 2 Months
22.6.2023
“Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” one investor said
Gold to $2,100 — Investment Management Firm Says Gold to Be Key Instrument in New Financial Order
21.6.2023
Central banks, particularly those in emerging economies, are ramping up their gold reserves in preparation for a new monetary regime, signaling a potential loss of reserve currency status for the U.S. dollar, according to the investment management firm Goehring & Rozencwajg. The company’s...
Documents Reveal Binance.US Suffered a $181 Million Loss in 2022
8.6.2023
Binance’s US branch, Binance.US, was deeply unprofitable in 2022 and lost as much as $181 million for the year, a new filing made by the Securities and Exchange Commission (SEC) has revealed.
The loss came despite Binance.US receiving some $132 million last year from its parent company...
Ron Paul Warns Fiscal Responsibility Act Will Erode US Dollar Value, Hasten Loss of Reserve Currency Status
8.6.2023
Former U.S. Representative Ron Paul has warned that the Fiscal Responsibility Act, recently signed into law by President Joe Biden, will escalate government spending, debt, and deficits. It will also erode the value of the U.S. dollar, “making it more likely that the U.S. dollar will lose...
Atomic Wallet exploited, users report loss of entire portfolios
3.6.2023
Several users on Twitter have reported losses of crypto assets, claiming funds held on the Atomic Wallet app vanished
Billionaire Mike Novogratz Says Crypto Market Rally is Stalling as Bitcoin Posts First Monthly Loss – Here's What's Happening
2.6.2023
Galaxy Digital CEO Mike Novogratz believes the crypto market lacks momentum to move higher as Bitcoin posts its first monthly loss of the year.
The flagship cryptocurrency lost 6% of its value in May, while Ethereum fell by 1%. Both remain well over 50% year to date, however. ...
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First Mover Americas: Bitcoin on Track for First Monthly Loss of the Year
30.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Headed for First Monthly Loss in 6 Months
30.5.2023
The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift prices higher, one observer said
Jimbos Protocol suffers a huge loss of 7.5M
29.5.2023
The latest crypto project Jimbos Protocol has recently become a victim of a cyber attack causing it to incur a considerable loss of 4,090 Ethereum ($7.5 M) only 3 days following the release of its V2. According to Cointelegraph, as a result of the burgeoning DeFi in the market, the attack on Jimbos...
AI-Centric Crypto Market Loses Over $1 Billion in Value in 90 Days
28.5.2023
Roughly three months ago, 74 AI-driven digital currencies boasted a market value exceeding $4 billion. However, since that time, the AI-centric crypto market has experienced a loss of more than $1 billion in value. The Decline in AI-Driven Cryptocurrencies: $1 Billion Wiped Out From Market At...
Bitcoin miner Canaan's net loss slightly improved in Q1 amid market turbulence
26.5.2023
Diluted net loss per American depositary share in Q1 2023 stood at $0.51 from $0.55 in the previous quarter
Stablecoin Economy Shrinks by $7.3 Billion in 2023, USDC and BUSD Record Mass Redemptions
21.5.2023
From the beginning of this year, the crypto economy has surged by 41.77%, reaching a current market capitalization of $1.17 trillion. However, amidst this growth, the stablecoin economy experienced a substantial loss of $7.3 billion within a span of 140 days. Stablecoins Experience a Significant...
Ethereum Briefly Stopped Finalizing Transactions. What Happened?
17.5.2023
The loss in finality meant that blocks could have been tampered with, and while it isn’t supposed to affect end-user experiences, it did lead to some inconveniences for some applications
Bancor DAO hit with class action suit over impermanent loss protection promises
16.5.2023
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses
Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows
15.5.2023
In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter
BTC price risks $27K loss as Bitcoin trend lines brew 'bullish cross'
11.5.2023
BTC price action offers little relief to Bitcoin bulls despite U.S. macro data releases showing inflation subsiding
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
9.5.2023
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against...