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Galaxy Digital reports $112M Q1 loss, citing crypto price volatility
9.5.2022
Bitcoin and altcoins declined sharply in the first quarter in a selloff that was partly triggered by a shift in central bank policy
Galaxy Digital Records Q1 Loss of $111.7M Amid Fall in Crypto Prices
9.5.2022
Cryptocurrency-focused financial services firm Galaxy Digital has recorded a net comprehensive loss of $111.7 million for the quarter-ended March 31 2022
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit
30.4.2022
According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy vulnerability.” On Saturday, Fei Protocol’s official Twitter account confirmed it lost funds from the Rari Fuse platform exploit....
Meta’s Reality Labs posts $2.9B loss: 'I recognize it’s expensive' says Zuck
28.4.2022
Meta’s Reality Labs division posted a $2.9 billion loss in Wednesday’s Q1 earnings call but Zuckerberg remains optimistic about future profitability from the metaverse
Meta Reports Loss of $3B on Augmented/Virtual Reality Operations in Q1
27.4.2022
The company formerly known as Facebook also reported revenue of $695 million the quarter for the recently broken out division
What is impermanent loss and how to avoid it?
25.4.2022
Read this guide to understand the risk, known as impermanent loss (IL), that liquidity providers take in exchange for fees earned in liquidity pools
The loss of privacy: Why we must fight for a decentralized future
24.4.2022
As early blockchain adopters, we must bring decentralization to the masses and fight with the tech behemoths that are its natural enemies
First Mover Americas: Bitcoin Eyes Weekly Loss Ahead of US CPI
8.4.2022
The latest moves in crypto markets in context for April 8, 2022
Central Bank of Sudan Warns of Risks Associated With Cryptocurrency
30.3.2022
The central bank in crisis-stricken Sudan has warned residents dealing with cryptocurrencies that they face numerous risks including loss of value. The warning comes as Sudan is grappling with an economic crisis that worsened after the civilian government was deposed by the military. Sudan’s...
DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors
22.3.2022
Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is another stark reminder for all NFT investors to be extra careful - and less...
GameStop looks toward NFT marketplace launch after big Q4 loss
18.3.2022
The firm also highlighted that the Immutable X NFT marketplace deal is set to fetch the firm $150 million worth of IMX tokens upon the “achievement of certain milestones.”
Crypto Miner Hut 8 Reports Surprise Q4 Loss, Shares Fall
17.3.2022
The miner's Q4 revenue was in line with expectations, while EBITDA missed estimates
Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest
15.3.2022
The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that “Payment made via cryptocurrency that resulted in a monetary loss more than doubled from 2020.” BBB Sees Rising Crypto Scams The U.S. Better...
Fantom FTM's Loss Eases as Foundation Soothes Investor Concerns
7.3.2022
Fantom ecosystem tokens and value locked on DeFi protocols have dipped in the past 24 hours
Impermanent loss challenges the claim that DeFi is the ‘future of France’
5.3.2022
Investors are often lured to DeFi by the four-digit APYs on offer, but in many instances, impermanent loss actually siphons away any potential profits investors might have accrued
Tesla Reports USD 101M of Impairment Loss from Bitcoin Investments in 2021
7.2.2022
Electric car manufacturer Tesla saw some USD 101m of impairment losses in 2021 as a result of bitcoin (BTC) price changes and therefore in the value of the company’s BTC holdings.
This was disclosed in a filing with the US Securities and Exchange Commission (SEC) for the previous fiscal year...
Blockchain enthusiast allegedly losses $500k by sending WETH to contract address
31.1.2022
While the contract does wrap ETH sent to the address into WETH, the same is not true vice versa
Qubit Finance suffers $80 million loss following hack
28.1.2022
The addresses linked to the hack attack have managed to steal 206,809 Binance Coin from Qubit's QBridge protocol
Bitcoin hodlers 'under siege' at $42K as 30% of BTC supply flips from profit to loss
18.1.2022
A historically significant 30% of the Bitcoin supply is now held at a loss — and that has ended in a bullish rebound twice since March 2020
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH
15.1.2022
Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped...