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Nalezeno "$1M loss": 827

Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss


Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that...

How to set up stop-loss and take-profit orders


Key takeawaysBitcoin and crypto traders can rely on automated orders on their trading platform to limit losses and secure gains.Stop-loss orders in Bitcoin trading started as manual risk management in the early 2010s. Now, they have become advanced, automated tools on today’s exchanges.In...

How to set up stop-loss and take-profit orders


Key takeawaysBitcoin and crypto traders can rely on automated orders on their trading platform to limit losses and secure gains.Stop-loss orders in Bitcoin trading started as manual risk management in the early 2010s. Now, they have become advanced, automated tools on today’s exchanges.In...

Riot Platforms posts Q1 loss, beats revenue estimates


Bitcoin miner Riot Platforms has reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same time last year and it moves to bolster its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...

Riot Platforms posts Q1 loss, beats revenue estimates


Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same period last year amid efforts to expand its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...

Santander Bank Not Liable for Customer’s $750K Crypto Loss, Court Confirms


A $750,000 crypto fraud lawsuit just hit a wall as the court ruled Santander had zero legal duty to stop authorized transactions, despite scam claims. Court Shuts Down $750K Crypto Lawsuit Against Santander Over Fraud Losses The Massachusetts Appeals Court, in an unpublished decision, affirmed...

Semler Scientific reports $42M paper loss on Bitcoin, floats $500M stock sale


Healthcare technology firm Semler Scientific has reported paper losses on its Bitcoin holdings over the first quarter of this year as the cryptocurrency saw a heavy correction. The firm reported a preliminary unrealized loss from the change in fair value of Bitcoin holdings of approximately...

Semler Scientific reports $42M paper loss on Bitcoin, floats $500M stock sale


Healthcare technology firm Semler Scientific has reported paper losses on its Bitcoin holdings over the first quarter of this year as the cryptocurrency saw a heavy correction. The firm reported a preliminary unrealized loss from the change in fair value of Bitcoin holdings of approximately...

NFT trader sells CryptoPunk after a year for nearly $10M loss


An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market.A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time...

NFT trader sells CryptoPunk after a year for nearly $10M loss


An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market.A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time...

MEV bot loses $180K in ETH from access control exploit


A maximal extractable value (MEV) bot lost about $180,000 in Ether after an attacker exploited a vulnerability in its access control systems. On April 8, blockchain security firm SlowMist reported that the MEV bot lost 116.7 Ether (ETH) because of the lack of access control. Threat researcher...

MEV bot loses $180K in ETH from access control exploit


A maximal extractable value (MEV) bot lost about $180,000 in Ether after an attacker exploited a vulnerability in its access control systems. On April 8, blockchain security firm SlowMist reported that the MEV bot lost 116.7 Ether (ETH) because of the lack of access control. Threat researcher...

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