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MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase
2.8.2024
MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $199.7 million, driven by a $148 million fair value loss on digital assets. MARA Reports...
Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos
2.8.2024
Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market
July Witnessed 16 Crypto Hacks Resulting in $266M Losses
1.8.2024
Crypto hacks go hand in hand with the market bull run. July saw a market spike, with Bitcoin hitting $50 shy of $70,000. In addition, the United States SEC also gave Ethereum ETFs a trading greenlight. With such a positive market sentiment, hackers made a market comeback with India’s WazirX leading...
CoinDesk 20 Performance Update: ICP and RNDR Lead Losses as Index Slips 2.2%
1.8.2024
ICP dropped by 5.3% and RNDR fell by 4.1% in overnight trading
July crypto hacks total $266M, WazirX leads losses
1.8.2024
July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers
July crypto hacks total $266M, WazirX leads losses
1.8.2024
July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers
First Mover Americas: Crypto Market Stabilizes After Nursing Losses
31.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Slides to $66K in Wake of Silk Road BTC Movements, Solana’s SOL Leads Majors Losses
30.7.2024
“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted
Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers
30.7.2024
The CEO of Indian crypto exchange Coindcx has criticized Wazirx’s approach in response to a recent $230 million cyberattack. Urging Wazirx to take responsibility, he stressed: “Making customers directly absorb the 45% losses is utter nonsense.” Wazirx is working to recover...
The rise and fall of celeb tokens: Over 99% of value wiped out
25.7.2024
Celebrity-endorsed tokens on Solana (SOL) have crashed dramatically, leaving investors reeling from massive losses
Paraguay miners urge state electricity board to reconsider upcoming price hike
22.7.2024
Capamad spokesperson Jimmy Kim claims that the electricity price increase, set for Aug. 1, may force 70% of legal crypto miners out of business
Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline
10.7.2024
Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term holders, with over 2.8 million BTC now below their acquisition price. Bitcoin...
Multichain Foundation to pay $2.1M to Fantom for losses
9.7.2024
The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages
Bitcoin, Ether Reverse Losses as Germany Gets Back $200M BTC From Exchanges
9.7.2024
Earlier Monday, BTC dropped to as low as $55,000 shortly after an address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various addresses
Federal Reserve’s Operating Losses Hit $176 Billion, Analysis Reveals
8.7.2024
According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28, 2022, totaling $176 billion by June 19, 2024. These losses stem from the Fed paying...
US Bitcoin ETFs Record Modest Losses With $13.62M Outflows on Tuesday
3.7.2024
U.S. spot bitcoin exchange-traded funds experienced slight losses on Tuesday, with $13.62 million in outflows recorded. Grayscale’s GBTC was the primary contributor, losing $31.38 million during the trading sessions. Blackrock’s IBIT Secures Top Spot With $14.12M Inflows Amidst...
Crypto losses reach $1.19B in H1 2024: CertiK calls for better security
3.7.2024
The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA
3 ways futures traders can use leverage and avoid liquidation losses
2.7.2024
Pro traders use a combination of futures trading strategies to generate profits while limiting their liquidation risk
Crypto hacks down by 54.2% in June, $176M lost in a month
1.7.2024
In 2024, May was the biggest month in terms of crypto losses and suffered nearly $385 million in net losses from crypto hacks
Double-Digit Swings Dominate June Crypto Market Performances
30.6.2024
According to market data, crypto assets struggled throughout June, with only a select few recording gains. The largest gainer was the meme coin brett (BRETT), which surged 64.9%, while the biggest loser was the meme token maga (TRUMP), plummeting 55.29%. Select Coins Rise Despite Overall Decline...