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First Mover Americas: Bitcoin Trims Thursday's Inflation-Led Losses
11.10.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
FBI Warns Investors of Growing Crypto Scams Amid Billion-Dollar Losses
11.10.2024
The Federal Bureau of Investigation (FBI) has issued a warning to cryptocurrency investors, highlighting a surge in scams, particularly targeting retirees and the elderly. FBI experts explain how scammers trick victims into fake crypto investments and scare them into handing over more funds before...
Bitcoin ETFs Record Another Day of Losses; Ethereum ETFs Stay Neutral
10.10.2024
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither gaining nor losing value. Wednesday’s Spot...
OpenAI may not turn a profit until 2029 despite rapid growth
10.10.2024
Despite growing revenues, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep
OpenAI may not turn a profit until 2029 despite rapid growth
10.10.2024
Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep
Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report
10.10.2024
A hotter-than-expected U.S. inflation report would weaken the case for Fed rate cuts
US Spot Bitcoin and Ethereum ETFs Face Net Losses Amid Volatile Market
9.10.2024
Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs also experienced a decline. $18.66M Flows Out of Bitcoin ETFs as Ethereum Funds Also Falter On Tuesday, the 12 spot bitcoin ETFs saw $18.66 million flow out, with...
SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains
7.10.2024
According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw impressive gains, with spx6900 (SPX) stealing...
Bitget to Compensate Users for Losses Due to Extreme $BGB Fall
7.10.2024
Crypto exchange Bitget has announced that it will compensate for users who suffered from huge losses triggered by…
Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin
6.10.2024
Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant financial losses for many. However, he emphasized that the alternative is worse, as it would lead to the devaluation of money itself. Schiff...
BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses
5.10.2024
On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day’s trading session. Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds...
First Mover Americas: Bitcoin Trades Flat While Other Major Cryptos Nurse Losses
3.10.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin ETFs Bleed $242M While Ethereum Funds Follow With $48M in Losses
2.10.2024
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading. Fidelity and Grayscale Lead the Pack in Tuesday’s ETF Outflows After...
Crypto hackers steal $750M in Q3 2024, as losses grow by 9.5% — CertiK
1.10.2024
The third quarter of 2024 saw a decline in the number of crypto hacks, but the value of assets stolen spiked, with $753 million lost across 155 incidents.
September 2024 crypto hacks surpass $120M, centralized exchanges hit
1.10.2024
Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half
CoinDesk 20 Performance Update: Index Posts Losses, but XRP Rises From Friday
30.9.2024
Internet Computer and Filecoin posted the steepest losses, down more than 6%
Crypto hacks surge to $2.1B in 2024, CeFi hit hardest — Cyvers
26.9.2024
Threats like AI-driven attacks and quantum computing vulnerabilities need to be addressed with real-time monitoring and solid regulation
Despite WazirX, Q3 crypto hack and scam losses fell to $413m YOY
26.9.2024
Losses from scams and hacks in Q3 declined by 40% compared to the previous year, but CEX hacks still pose a problem for the industry
Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience
25.9.2024
Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation, the report suggests new investors have demonstrated...
BingX confirms ‘minor’ losses amid panic over hot wallet movements
20.9.2024
Crypto exchange BingX’s product chief Vivien Lin has confirmed there was a hack and a “minor asset loss,” which is still being calculated