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Nalezeno "losses": 893

2024 Crypto Rollercoaster: BOME Soars 11,931% as W Slides 84%


It’s been seven months—or precisely 223 days—since 2024 kicked off, and several digital currencies have experienced impressive gains. Leading the pack are two meme coins, BOME and MOG, which have skyrocketed by 11,931% and 3,733%, respectively, over this period. Crypto’s Year-to-Date Gainers...

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report


The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market...

Double-Digit Crypto Losses Sweep the Market—Over 60 Coins in Freefall


Presently, the cryptocurrency market is experiencing a significant downturn, with bitcoin dropping 24% this week and ethereum shedding 30% against the U.S. dollar. While these losses are notable, some digital currencies have fared even worse, with only a handful managing to buck the trend. Dozens...

July Witnessed 16 Crypto Hacks Resulting in $266M Losses


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...

Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers


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...

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