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Biggest Movers: BCH 6% Higher, as Price Nears $200 Level
12.9.2023
Bitcoin cash was one of Tuesday’s biggest movers, as bullish sentiment returned to markets, following recent declines. After huge losses on Monday, bulls have seemingly moved to buy the dip in price, pushing the global market cap 1.55% higher as of writing. Solana also surged...
Ripple compensates the losses of Fortress’ customers
11.9.2023
Ripple has taken the initiative and compensated the losses incurred by the customers of the startup Fortress Trust, which is into the blockchain framework. This is a step in the direction of its plan to take over the company. Fortress sent out a tweet stating that its customers were impacted by...
MicroStrategy's Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg
8.9.2023
FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said
How to handle crypto trading gains and losses on your balance sheet
6.9.2023
Cryptocurrency taxation and reporting transactions on your balance sheet differ. Here’s how to treat cryptocurrency on your balance sheet
Stop Thinking About 'Wins' or 'Losses' in the Bitcoin ETF Debate
5.9.2023
On-Chain Data: Short-Term Bitcoin Holders Face Losses Amid Price Decline – Here's the Latest
5.9.2023
The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) for Bitcoin (BTC) has decreased from 1 to 0.9809, indicating less favorable conditions for short-term Bitcoin holders due to recent price declines.
The STH-SOPR measures the profitability of Bitcoin trades involving coins held for less...
Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik
1.9.2023
According to cybersecurity firm Certik, nearly $1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $45.8 million. Certik Analysis: Cryptocurrency Losses Near...
Biggest Movers: LTC, BCH 5% Lower Following Friday’s Payrolls
1.9.2023
Litecoin was down by as much as 5% during Friday’s session, as markets reacted to the nonfarm payrolls report from the United States. 187,000 jobs were added to the economy in August, compared to the revised sum of 157,000 in July. Bitcoin cash also slipped, extending recent losses. Litecoin...
Exploits, hacks and scams stole almost $1B in 2023: Report
1.9.2023
Cybersecurity firm CertiK reported that as of August, over $997 million was lost to flash loan attacks, exit scams and exploits in 2023
Bitcoin Price Prediction: ETF Likelihood Rises; Robinhood Integration Curbs BTC Losses
31.8.2023
Bitcoin maintained a trading level of $27,280 on Thursday, experiencing a slight decrease of less than 1%. The market's momentum shifted due to a favorable judgment in Grayscale Investments' Bitcoin ETF lawsuit against the US Securities and Exchange Commission (SEC). ...
Read More: Bitcoin Price...
Crypto may see second wind in the US as courts 'rein in the SEC' — Lawyer
31.8.2023
Crypto-focused lawyer Jeremy McLaughlin said the U.S. digital asset industry may re-ignite as the country's securities regulator racks up court losses
Judge dismisses class-action suit against Uniswap over token scam losses
30.8.2023
The judge showed rare understanding of DeFi technology and stated the defendants would do better to address their complaints to Congress
Jellyfish Mobile to Curb the SIM-Swap Menace That Led to Losses Worth $140 Million in Two Years
26.8.2023
PRESS RELEASE. The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allowing them to bypass security measures and access...
Crypto Collapse: Prime Trust’s Fall From Grace and the Disappearing Wallet Mystery
25.8.2023
After Prime Trust filed for bankruptcy protection, the company’s interim CEO Jor Law cited excessive spending, losses on the stablecoin terrausd, and problems accessing customer funds held in cold storage wallets as contributing factors. From Cold Storage to Cold Reality: The Dramatic Decline...
NFTs Hit By Unstable Market As Multiple Projects Post Monthly Losses Amid Declining Volumes
24.8.2023
Recent data from non-fungible token (NFT) marketplaces show a sharp decline in transaction volume and prices with several projects posting double-digit losses.
According to data for Nansen, “blue chip” NFTs have recorded up to 25% NFT losses as the sector marks the lowest point since April...
Major NFT Collections Post Double-Digit Monthly Losses as Floor Prices Drop
24.8.2023
Losses in the NFT markets have exceed ether’s decline, which is down 9.6% on-month
Cypher announces recovery plan, says it will 'socialize' losses in initial stage
23.8.2023
Cypher announced that losses from the exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches
Biggest Movers: BNB Rebounds From 1-Year Low, SHIB Surges Higher
23.8.2023
BNB was one of Wednesday’s biggest movers, as the token rebounded from a recent one-year low. The price decline came as crypto exchange Binance came under scrutiny for allegedly assisting sanctioned Russian clients in moving funds abroad. Shiba inu also rose, following recent losses....
Atomic Wallet faces lawsuit over $100M crypto hack losses: Report
23.8.2023
Plaintiffs in a new class action suit against the hacked crypto wallet Atomic Wallet say the firm didn't share any information about the hack with clients, and didn't report it to the police
Higher Bond Yields Contribute to Bitcoin's Extended Losses
23.8.2023
Bitcoin losses continued today as bond yields continued to rise, causing concern for investors. This downturn has seen the leading digital currency dip below its two-month low of $26,000 for a loss of 0.74% over the past 24 hours.
The drop in Bitcoin's price comes after a challenging week for...