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Bitcoin hodlers sit on record 8M BTC in unrealized loss, data shows
27.12.2022
The amount of Bitcoin held "underwater" in wallets continues to increase, hitting levels never seen in history
DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss
25.12.2022
Moments after a few users complained about the unusual loss of funds, Defrost Finance’s core team member Doran confirmed that Defrost V2 was hit with a flash loan attack
FTX Investors’ Loss Is Wall Street Lawyers’ Gain
22.12.2022
Professionals are charging upwards of $2,000 hourly wages against $12 million retainers as they attempt to restore funds to the million-odd creditors of Sam Bankman-Fried’s empire
Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance
7.12.2022
Sherlock deposited $5 million USDC of its staking pool into the beleaguered credit pool on Maple, which suffered a $31 million hit from Orthogonal Trading’s loan defaults
Wikipedia Editors List FTX’s Questionable Blunder as the Top Trading Loss of All-Time
6.12.2022
Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison — have been listed among traders with the top trading losses worldwide on Wikipedia. According to the Wiki page, Bankman-Fried’s and Ellison’s...
Bitcoin 2022 bear market 'usual' despite key trend line loss — analyst
6.12.2022
On-chain data shows BTC price holding its historical trend, and the 200-week moving average is a poor way to assess the Bitcoin bear market, Superswell says
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
6.12.2022
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default
Save Thousands In Taxes by Harvesting NFT Losses – CoinLedger Explains How
5.12.2022
There’s a silver lining to the crash in the NFT market — millions of dollars of potential tax-savings. To help NFT investors claim their tax-savings before the end of the year, CoinLedger recently launched an NFT tax-loss harvesting tool. Let’s break down how the tool works...
Alameda Research Shouldered FTX Loss of Up to $1B Following Client's Leveraged Trade in 2021: FT
2.12.2022
Alameda Research bore the brunt of a $1 billion loss incurred by its sister firm FTX after a leveraged trade on the now bankrupt crypto exchange backfired early last year, the Financial Times reported Friday
LBRY says it ‘will likely be dead’ following SEC loss
1.12.2022
LBRY Inc noted that while the company is on its last legs, the underlying protocol and blockchain behind the content platform will carry on
Xmas Crypto Price Prediction - Santa Claus Rally? Tax Loss Harvesting Dump?
27.11.2022
Traders often predict these two catalysts will drive crypto prices up or down in December - a 'Santa Claus rally' and tax loss harvesting.
The two terms are older than cryptocurrency, commonly discussed by stock traders at the end of each financial year. Just how accurate are they for making...
Bitcoin Miner Firm Core Scientific Posts $400 Million Quarterly Loss – Bankruptcy Soon?
23.11.2022
Bitcoin (BTC) mining firm Core Scientific could be next in line for a bankruptcy filing, after posting a loss of well over $400m in the third quarter.
The company, which is known as the largest publicly listed Bitcoin miner in the US, has now lost a whopping $1.7bn for the year after a new...
Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX
23.11.2022
In a rare move, American venture capital firm Sequoia Capital reportedly apologized to its fund investors for the $150 million it had lost on the now-bankrupt crypto exchange FTX.
The apology was reported by the Wall Street Journal, citing people familiar with the matter. Sequoia’s partners...
Argentina’s fan token sinks 31% after World Cup loss against Saudi Arabia
23.11.2022
The price of soccer fan tokens, designed for fan engagement, is seemingly impacted by the on-field performance of teams
More Than 50% of Bitcoin Addresses Are Now in Loss
21.11.2022
The previous bear markets ended with the majority of addresses being out of the money, onchain data show
FTX exchange suffers $59M loss due to hacking
21.11.2022
The cryptocurrency exchange FTX has suffered a loss of above $59 million as the hacker offloaded several millions of dollars resulting in a further drop in the cryptocurrency. The hacker behind this loss had transferred 50,000 ETH from one of the wallets to another address. The hacker had then...
The Tax Implications of the FTX Bankruptcy
17.11.2022
Circle marks a possible $3B loss from Binance stablecoin conversions
16.11.2022
Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX
Why NFT Tax-Loss Harvesting Remains a Challenge for Investors
15.11.2022
Why Selling Some Bitcoin at a Loss Can Maximize Your Hodling Potential
14.11.2022