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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $28,000 as Losses Intensify
21.4.2023
Bitcoin’s downturn continued on Friday, as prices fell for a third consecutive session, leading to a move below $28,000. Market sentiment has shifted in recent days, as traders began taking profits from last week’s high. Ethereum was also lower, and is now trading around the $1,900...
AXS Nurses Losses as Axie Infinity's $156M Token Unlock Looms
21.4.2023
Token unlocks are widely seen as bearish catalysts. However, the latest price drop probably stems from a wider market swoon
Crypto Stocks Post Large Losses as Bitcoin Price Slides towards $28K
20.4.2023
Bitcoin miners were hardest hit on Thursday
Bitcoin, Ethereum Technical Analysis: ETH Back Above $2,100, as BTC Rebounds From 1-Week Low
18.4.2023
Ethereum moved back above $2,100 on Tuesday, as markets reacted to the latest gross domestic product (GDP) report from China. Chinese GDP rose by 4.5% during the first quarter of the year, higher than the 4% expected. Bitcoin rebounded from earlier losses. Bitcoin Bitcoin (BTC) rebounded from...
Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered
10.4.2023
According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple...
Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses
4.4.2023
On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and seized various crypto tokens, such as 7,460 wrapped...
Shiba Inu, The Protocol cause losses; Collateral Network is the best option for investors
3.4.2023
Crypto experts have been favoring Collateral Network (COLT) as the best option for investors who have faced losses from Shiba Inu (SHIB) and The Protocol (THE). Investing in this Collateral Network may provide better results as the market remains unpredictable, while the token has seen a 35x price...
Net losses from crypto theft down sharply in Q1 2023 at $322M: Report
31.3.2023
A report from app provider De.Fi showed losses from theft down in Q1 2023 compared to last year, along with recovery of funds; Euler accounted for a huge share of both
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
30.3.2023
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover...
Shares of Deutsche Bank, Other Euro Lenders Tumble
24.3.2023
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank...
Bitcoin erases Fed losses as traders eye $40K BTC price target
23.3.2023
BTC price snaps back into its uptrend after Bitcoin market nerves over U.S. economic policy fade in line with stocks and gold
Biggest Movers: DOGE Rebounds, LTC Climbs 13% Higher
23.3.2023
Litecoin was one of Thursday’s biggest gainers, as prices rose by as much as 13% in today’s session. This came despite the global crypto market cap shifting lower, down 1.65% as of writing. Dogecoin was also higher, as the meme coin rebounded from Wednesday’s losses. Litecoin...
Credit Suisse rescue plan may include nationalization, bondholder losses
19.3.2023
A bank rescue plan for Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal
18.3.2023
After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit...
Bitcoin’s 2023 price action driven by the desire to regain losses, according to professional trader
14.3.2023
Crypto trader Zoran Kole joined Cointelegraph’s Crypto Trading Secrets podcast for an interview for the show’s seventh episode
Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer
13.3.2023
On March 8, Euler had over $311 million in crypto locked inside its smart contracts. Its total value locked has since fallen to $10.37 million
Bitcoin, Ether Retrace Weekend Losses As Bears See $183M in Short Liquidations
13.3.2023
Markets jumped amid respite from the U.S. government and USD Coin-issuer Circle
Crypto whales suffer huge losses due to USDC depeg, SVB collapse
11.3.2023
The depegging of the USDC stablecoin has affected other stablecoins, which in turn wreaked havoc on crypto projects and stakeholders in a massive chain reaction
Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash
10.3.2023
The largest long liquidation in at least a month suggests that Thursday’s crash in crypto prices caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from Coinglass
Report: Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022
9.3.2023
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just over 10% of the nearly 23,000 reported technology crimes, they still accounted for more than half...