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Memecoin trader loses over $1M following Normie exploit
27.5.2024
The unfortunate trader suffered a loss of over 99% on his initial $1.16 million investment following a smart contract exploit
U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record
23.5.2024
The U.S. Supreme Court ruled against Coinbase Inc. (COIN) in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbitration, finding the company's case was "unpersuasive" and that the courts need to work those...
Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
18.5.2024
In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in the same period which resulted in the company recording a gross loss of $37.3 million. Nangeng Zhang claimed that Canaan’s revenues in the last quarter exceeded expectations due...
Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
18.5.2024
In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in the same period which resulted in the company recording a gross loss of $37.3 million. Nangeng Zhang claimed that Canaan’s revenues in the last quarter exceeded expectations due...
Over 80% recent Binance token listings are bleeding red
17.5.2024
Most of the newly launched tokens function as “exit liquidity” for insiders capitalizing on the lack of retail access, due to their high initial FDV
Dolce & Gabbana Hit With Lawsuit Over Alleged 97% Loss on Metaverse Outfit NFTs
17.5.2024
A customer sued Dolce & Gabbana USA on Thursday, claiming the NFTs they purchased lost 97% in value due to the company's bungled delivery.
The post Dolce & Gabbana Hit With Lawsuit Over Alleged 97% Loss on Metaverse Outfit NFTs appeared first on Cryptonews
Sonne Finance suffers $20 million loss in security breach
15.5.2024
Sonne Finance became the victim of a safety infraction which left the business with a loss amounting to the tune of $20 million. The hackers completed their misdeeds in two phases. They first targeted the USDC and WETH contracts of the company, siphoning off $3 million and in the following phase...
Shiba Inu Price Prediction as New York-based VanEck’s Subsidiary Launches Meme Coin Fund – Will SHIB Skyrocket?
9.5.2024
SHIB has dropped by 1.5% today, with the Shiba Inu price landing on $0.00002242 as the crypto market suffers a 1% loss in the past 24 hours.
The post Shiba Inu Price Prediction as New York-based VanEck’s Subsidiary Launches Meme Coin Fund – Will SHIB Skyrocket? appeared first on Cryptonews
Trader loses 7-figure sum due to 0L Network hard fork
8.5.2024
“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team
Grayscale’s Bitcoin ETF Sees Small Inflows Following $17.4B Loss
7.5.2024
After months of outflows, Grayscale's Bitcoin ETF is experiencing a positive shift, with inflows totaling $66.9 million over the past two days. This turnaround follows a period of major...
Hundred Finance hacker moves stolen assets a year after $7M exploit
2.5.2024
The hacker holds about $4.3 million in various crypto assets in their Ethereum wallet
Fear of Impermanent Loss: Though ‘Overstated,’ It Has Impacted Participation in Liquidity Pools, Says Mehdi Lebbar
30.4.2024
Although decentralized finance (defi) continues to evolve, it is being perceived as the domain of a select few, Mehdi Lebbar, the co-founder of the investment platform Exponential, says. However, he argues that defi protocols can alter this perception by emphasizing user education. Lebbar contends...
Bitcoin Set to Become More Dominant Even as BTC Stares at First Monthly Loss Since August
30.4.2024
Bitcoin's dominance rate has risen past key level, signaling further upside, according to Fairlead Strategies
MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5%
30.4.2024
Bitcoin (BTC) development company MicroStrategy reported a net loss for the first quarter of 2024 of $53.1 million, or $3.09 per share on Monday.
The post MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5% appeared first on Cryptonews
MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues
30.4.2024
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account
MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
29.4.2024
Pepe Price Prediction as PEPE Slumps 9% in 24 Hours – Should You Invest Today?
29.4.2024
The PEPE price has dived by 9% today, falling to $0.056866 as the cryptocurrency market suffers a 3% loss in the past 24 hours.
The post Pepe Price Prediction as PEPE Slumps 9% in 24 Hours – Should You Invest Today? appeared first on Cryptonews
Facebook Has Lost $1 Billion Every Month On VR Since June 2022
26.4.2024
Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...
Custodia Bank Appeals Court Loss in Fed Membership Lawsuit
26.4.2024
Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership
Pepe Price Prediction as Unknown Whale Starts Accumulating $1.5 Million Worth of PEPE – Big News Coming?
25.4.2024
The Pepe price has dropped by 5% in the past 24 hours, declining to $0.000007554 as the wider crypto market suffers a 4% loss today.
The post Pepe Price Prediction as Unknown Whale Starts Accumulating $1.5 Million Worth of PEPE – Big News Coming? appeared first on Cryptonews