Loss
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Cryptocurrency
Ethereum merge might have resulted in 40% loss for Hive Blockchain revenue
Bitcoin (BTC) mining analyst Jalan Mereld estimates that the Ethereum (ETH) merger may have led to a 40% drop in…
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Cryptocurrency
Nexus Mutual expects $3M loss from Orthogonal Trading’s M11 loan default
Following the default on Orthogonal Trading’s M11 loan, decentralized insurance protocol Nexus Mutual has withdrawn all assets from Maple Finance…
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Cryptocurrency
Bitcoin miners continue to sell as realized loss from FTX exceeds LUNA collapse
Some of the biggest news in the cryptoverse on Nov. 22 include an increase in miner sellout rates, realization of…
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Cryptocurrency
FTX took $3.7B loss in 2021; Coinbase reveals Grayscale Bitcoin reserves
The biggest news in the cryptoverse on Nov. 21 included FTX calling on other exchanges to hopefully prevent hackers from…
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Cryptocurrency
Coinbase blames SEC’s XRP lawsuit for $15B loss to retail traders, Dogecoin investors sell $110M in DOGE
The biggest news in the cryptoverse on November 1st was the SEC lawsuit against Ripple, which claimed that the SEC…
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Cryptocurrency
MicroStrategy Q3 loss narrows, but revenue drops year-over-year; 301 BTC added to portfolio
Released by MicroStrategy earnings report For the third quarter of 2022, November 1, we delivered “strong” year-over-year growth in subscription…
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Cryptocurrency
Wisdom Tree takes 36% loss in crypto assets in Q3
Investment management firm Wisdom Tree reported a 36% decline in its crypto holdings, down to $178 million at the end…
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Cryptocurrency
Staked ETH soars in Q3; Bitcoin volatility causes Tesla $106M loss; Binance close to finding hacker
The biggest news in the cryptoverse on Oct. 25 included Ethereum stake surpassing $14 million year-to-date, Tesla losing $106 million…
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Cryptocurrency
White hat hacker grumbles over Arbitrum bounty reward after saving network from $475M loss
Riptide, the white hat hacker who discovered the Arbitrum vulnerability, tweeted that his discovery is now eligible for a bounty…
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