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Rap Star Drake Loses $400,000 Bitcoin Bet on Jake Paul in Split-Decision Loss to Tommy Fury
27.2.2023
The Canadian rapper and singer Drake lost $400,000 in bitcoin after betting that the YouTuber-turned-boxer Jake Paul would beat Tommy Fury by knockout. Drake could have potentially raked in a $1.44 million bitcoin payout, but Fury won the fight in a split-decision victory. Drake Loses $400K Bitcoin...
BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning
22.2.2023
According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that...
Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis
21.2.2023
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 the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application...
Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’
21.2.2023
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 operating the fund both financially and culturally,” the fund’s co-founder told...
Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
19.2.2023
In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against...
OpenSea implements 0% fees to win over NFT userbase lost to Blur
18.2.2023
NFT marketplace Blur surpassed OpenSea in daily ETH trading volume as users — anticipating greater returns on their NFT investments — are looking for a trading arena that works in their favor
Japanese Museum Reunites Gamers With Their Lost Retro Games
15.2.2023
Do you ever wish you could reacquire the games you once had? And not just copies of the same ones, but the very discs or cartridges you used? Well, the Named Cassette Museum in Tokyo is making that very thing a reality for many gamers: reuniting those who once wrote their names, addresses, or other...
Hacking Crypto Wallets Is Latest Strategy in Quest to Recover Lost Billions
13.2.2023
Unciphered recovers lost crypto funds by auditing code and finding vulnerabilities in wallets
Ethereum NFT collections lost nearly 60% of their market cap in 2022: Report
9.2.2023
NFTs felt the influence of bad actors and market manipulators in 2022, like the rest of crypto; NFTs launched after the start of the crypto winter did better
Stellar moves sideways: Has XLM lost its bullish momentum?
6.2.2023
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 applications with a wide range of real-world use cases. That is why crypto enthusiasts are curious...
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
6.2.2023
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto...
Facebook's VR Division Lost $13.72 Billion In 2022
2.2.2023
Facebook’s parent company, Meta, is having a decent day today after beating revenue and user activity forecasts for its final fiscal quarter of 2022. But its VR division isn’t helping the company make money. In fact, it’s costing the company billions in losses.Read more
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
1.2.2023
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million
Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High
1.2.2023
On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s...
Crypto-Focused VC Firm Pantera’s Liquid Token Fund Lost 80% in 2022
30.1.2023
The fund took a 23% hit in November in the aftermath of FTX's collapse
Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition
30.1.2023
Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then,...
Beyond the hype: With 1.1 million resource pack NFTs generated in 100 days Aftermath Islands shows that the metaverse has arrived
30.1.2023
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 dollars, and corporations and projects big and small jumped on the bandwagon. Unfortunately, more...
Scaramucci’s SkyBridge Capital Lost 39% Last Year: Bloomberg
27.1.2023
The investment firm’s crypto bets included now bankrupt FTX, which owned a 30% SkyBridge stake
The 11 Best Metroidvanias To Get Lost In Right Now
24.1.2023
The Metroidvania is by far the most esoterically named genre of video games. A portmanteau of Metroid and Castlevania, it pretty much boils down to: non-linear platform games with ability-gated exploration. Or, you know, you explore until you reach a point that requires a skill you’ve yet to pick...
Amazon Bans Lost Ark Bots, Humans Caught In Crossfire
16.1.2023
Amazon’s Diablo-like RPG, Lost Ark, had over 1.3 million people playing it at launch. It’s cooled off since then, but there are still tens of thousands of people who log on every week to enjoy it. Or they would, if they hadn’t been banned for no reason.Read more