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Crypto losses from fraud and hacks declined 12% in May — Immunefi
30.5.2024
The decline in crypto scams and frauds continued, with only $52 million lost in May compared to $59 million the previous year
Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi
30.5.2024
More than $473 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024, according to a report by security researcher Immunefi
Is It Too Late to Buy Celestia? TIA Price Pumps 14% While a New Solana Project Raises Over $3 Million
29.5.2024
Celestia’s $TIA token has fallen is up 14% in the last 24 hours to trade at $11.63 as of this writing. Today’s price also represents a 17% advance from this time last week. By contrast, the two market leaders, Bitcoin ($BTC) and Ethereum ($ETH) actually posted slight intraday losses of 1%...
Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses
27.5.2024
Binance, which became the largest shareholder of the South Korean cryptocurrency exchange Gopax, recently sold the asset claims of Gopax victims at less than half their face value.
The post Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses appeared...
JayX Launches Unique LK Trading Contest: Win Big Even with Losses
24.5.2024
PRESS RELEASE. JayX, a leader in blockchain innovation, is thrilled to announce the LK Trading Contest, a novel event designed to engage traders of all levels with its unique dual prize structure. Running from May 20, 2024, 10:00 UTC to June 20, 2024, 9:59 UTC, this competition celebrates both high...
The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets
20.5.2024
This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights: Double-Digit Gains and Losses Across the Board As...
Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole
14.5.2024
Security firm CertiK said it has detected a flaw in the cross-chain bridge Wormhole which could have resulted in $5 million worth of losses.
The post Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole appeared first on Cryptonews
UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect
14.5.2024
The UK government’s Insolvency Service has shut down a London-based crypto advisory firm that claimed to offer investment advice in cryptocurrencies.
The post UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect appeared first on Cryptonews
Core Scientific Records $211 Million Net Income in Q1 2024
9.5.2024
Core Scientific reports a turnaround with a net income of $211 million in the first quarter of 2024, marking a recovery from last year's financial losses with 2,825 self-mined Bitcoin.
The post Core Scientific Records $211 Million Net Income in Q1 2024 appeared first on Cryptonews
Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
8.5.2024
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive...
Is BONK Price Heading to Zero? Drops 8.5% as Solana Meme Legend SEAL Raises $250,000
7.5.2024
Solana’s second biggest canine meme coin, Bonk ($BONK), tumbled 8.5% overnight as meme coins take some of the heaviest losses amidst a market-wide dip. Bonk now trades at $0.00002525. At this price, it’s about 7% more expensive than it was last week. These numbers make for a more...
GNUS Discord hack causes $1.27M in losses
6.5.2024
The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens
Losses due to crypto hacks fall 67%, Bitcoin DeFi interest rises: Finance Redefined
3.5.2024
The amount stolen through crypto hacks and the number of successful attacks sharply declined in April
Bitcoin and Ether options worth $2.4B set to expire today, max BTC pain at $61K
3.5.2024
Data from the Debit exchange reveal that the put-to-call ratio for Bitcoin options contracts is currently at 0.50 with a maximum pain point at $61,000
Is Sei Going to Zero? SEI Price Drops 3%, Investors Stockpile This New GambleFi Token
2.5.2024
Ethereum and Solana competitor Sei's price has shed 11% in the last week, taking some of the heaviest losses in a brutal market-wide sell-off.
The post Is Sei Going to Zero? SEI Price Drops 3%, Investors Stockpile This New GambleFi Token appeared first on Cryptonews
Is Arweave Going to Zero? AR Price Drops 18.7%, While Traders Are Accumulating This New GambleFi Token
1.5.2024
The token for storage coin project Arweave (AR) has shed 18.7% overnight, taking some of the heaviest losses amidst a market-wide crash that has dragged market leader Bitcoin's (BTC) price down by 7%.
The post Is Arweave Going to Zero? AR Price Drops 18.7%, While Traders Are Accumulating This...
Losses from crypto hacks plunge 67% in April to $60 million
1.5.2024
The amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April
April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK
1.5.2024
As April concludes, the cryptocurrency industry experienced a significant downturn in combined losses from hacks and scams, reaching the lowest recorded figure.
The post April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK appeared first on Cryptonews
Final Fantasy Publisher Eats $140 Million In 'Extraordinary Losses' Ahead Of Big Strategy Pivot
30.4.2024
Square Enix’s games have been hit or miss for years, and now the publisher behind Final Fantasy VII Rebirth and other blockbuster RPGs says it plans to be more careful about which projects it invests in. The company expects to “recognize extraordinary losses pertaining to abandonment losses...
This Week’s Crypto Winners and Losers: Helium Surges 34%, ENA Plummets 25%
29.4.2024
The crypto market holds steady at a valuation of $2.31 trillion, experiencing a 2.60% decline in the last 24 hours. In the preceding week, bitcoin and ethereum each dipped between 5.4% and 1.8%. Notably, only four coins experienced double-digit increases, with helium (HNT) emerging as the...