Tag: Losses
Crypto Losses from Hacks Surpassed $313 Million in August
Crypto faced significant losses in August due to multiple phishing attacks and exploits, adding to $1.21 billion lost in 2024 so far.
Binance Prevents $2.4 Billion in Potential Losses from Scams in 2024
Binance said that its AI-powered and manual risk management system flagged and blocked suspicious transactions.
Bitcoin Hashrate Surges to New High as Miners Realize Losses: CryptoQuant
Miner selling activity surged as BTC briefly slipped to $49,000, and they incurred approximately $22 million in daily losses.
Yield App Suspends Operations Citing Portfolio Losses Linked to FTX Collapse
Yield App halts operations due to FTX losses, despite earlier assurances of minimal impact.
April Records Lowest Crypto Losses in Years: CertiK
The decrease in losses suggests that security measures and risk mitigation strategies are becoming more effective over time.
DeFi Sector Grapples with $187M Losses But Recovery Efforts Net Nearly $99M
The Munchables NFT game on Blast network witnessed the highest recovery, PeckShield’s data revealed.
Core Scientific Reports Yearly Revenue Decrease in Q4 2023, Net Losses Shrink
Following a period of bankruptcy turmoil, Core Scientific regained its listing on the NASDAQ in January.
CertiK: Exit Scams and Exploits Led to $160M Losses in Crypto Sector in February
Year-to-date losses in crypto have surpassed $343.5 million.
Crypto Hacking Losses Dropped by 51% in 2023, Here’s the Total: CertiK
Private key compromises emerged as the primary culprit, accounting for 50% of the $1.84 billion in crypto losses in 2023.
BONK Sees Big Losses as Galaxy Fox (GFOX) Meme Coin Shows Major Gains
Memecoin mania reaches new levels, and the hottest projects right now are all memcoins. Substantial capital inflows into Bitcoin ($BTC) might be the starting pistol for the beginning of the wildest eighteen months the industry has seen. Memecoins investors, however, are famously picky. While Bonk ($BONK) suffers some serious losses, one new memecoin competitor has […]