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Virgin Galactic (SPCE) Stock Slides, Company Reports Greater Than Expected Quarterly Loss
Coinspeaker Virgin Galactic (SPCE) Stock Slides, Company Reports Greater Than Expected Quarterly LossVirgin Galactic stock dropped over 7% in the pre-market after the venture published its Q4 2019 results. дальше »
2020-2-26 15:49 | |
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Virgin Galactic (SPCE) Stock Falls, Company Reports Greater Than Expected Quarterly Loss
Coinspeaker Virgin Galactic (SPCE) Stock Falls, Company Reports Greater Than Expected Quarterly LossVirgin Galactic stock dropped over 7% in the pre-market after the venture published its Q4 2019 results. дальше »
2020-2-27 15:49 | |
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Ripple Partner Reports Loss In Q4 2019
In a just-released earnings report, Ripple partner, MoneyGram, showed a USD $11. 9 million loss for the fourth quarter of last year. This is the fifth consecutive quarter without a profit. Nevertheless, the company’s partnership with Ripple is set to open new sources of revenue. дальше »
2020-2-26 02:00 | |
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Ford Announces $1.7 Billion Net Loss in Fourth Quarter Earnings Report, F Stock Drops 10%
Coinspeaker Ford Announces $1. 7 Billion Net Loss in Fourth Quarter Earnings Report, F Stock Drops 10%Ford has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see. дальше »
2020-2-6 18:56 | |
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Ford (F) Stock Drops 10% as Company Announces $1.7B Net Loss in Q4 Earnings Report
Coinspeaker Ford (F) Stock Drops 10% as Company Announces $1. 7B Net Loss in Q4 Earnings ReportFord has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see. дальше »
2020-2-6 18:56 | |
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Gemini Crypto Custody Branch Now Insured with $200 Million
Coinspeaker Gemini Crypto Custody Branch Now Insured with $200 MillionGemini exchange announced that it has set up its in-house insurance company to protect its clients against any probable loss of coins stored in its offline vaults for a $200 million coverage limit. дальше »
2020-1-17 12:19 | |
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Nano Lawsuit Update: Angry Investor Reacts to Motion to Dismiss
James Fabian, the chief plaintiff in the securities class action suit against the Nano crypto company, has asked a judge to strike against each point of dismissal that Nano supplied last fall. Nano Dismisses Claims in 10-Point List Fabian, who faced losses after the hack and closing of the BitGrail exchange, believes Nano did not have sufficient excuses to claim lack of responsibility for the loss of coins. дальше »
2020-1-16 19:00 | |
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With a 90% YTD loss, Algorand is the worst performing major crypto of the year
Algorand (ALGO) is the worst-performing major crypto of the year, having dropped more than 90 percent since January 2019. The company’s token sales and ambitious decentralization goals drastically reduced the community’s confidence in the project, as many criticized its overvalued market capitalization. дальше »
2019-12-11 18:26 | |
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$162 Billion Lost By Big Tech, Bitcoin Up 265% in 2019 As Trade War Escalates
Big tech firms including Apple, Amazon, Facebook, Microsoft, and Google’s parent company Alphabet Inc. lost over 3% of their market cap on Monday, resulting in a combined loss of more... The post $162 Billion Lost By Big Tech, Bitcoin Up 265% in 2019 As Trade War Escalates appeared first on Trustnodes. дальше »
2019-8-6 16:11 | |
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Blockchain Insurance Startup B3i Launches Its First R3 Corda-Based Product, Cat XoL
An insurance consortium called B3i has recently created its first blockchain product, which is based on the R3 Corda blockchain. According to the press release, the new product will be called Property Catastrophe Excess of Loss Reinsurance. дальше »
2019-8-1 00:47 | |
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Investors Inexplicably Keep Throwing Cash at Elon Musk
Just a day after Tesla reported a $408 million loss, more cash burn, and ridiculous delivery estimates, Elon Musk demonstrated once and for all why he either should leave or sell Tesla. The last straw? He announced an outside investment of $120 million in his Boring Company. дальше »
2019-7-27 19:11 | |
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Bitpoint exchange loses $32 million worth of cryptocurrency in hot wallet hack
Japanese cryptocurrency exchange Bitpoint has been hacked, resulting in the loss of $32 million worth of various digital currencies, Bloomberg reports. The majority of funds lost (approximately $23 million) belonged to customers, while the rest were owned by the exchange. дальше »
2019-7-12 14:30 | |
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Coinbase Unveils Plans to Launch Global ‘Captive’ Insurance Services
Coinspeaker Coinbase Unveils Plans to Launch Global ‘Captive’ Insurance ServicesCoinbase is involved in deep talks with Aon with an aim of creating a regulated ‘captive’ insurance company to shield its clients from hackings and unexpected loss of funds. дальше »
2019-7-11 14:02 | |
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Second-largest Polish cryptocurrency exchange BitMarket shuts down
BitMarket, one of the largest cryptocurrency exchanges in Poland, shut down citing liquidity loss. More information about “further steps” the exchange will take will be available ‘soon,’ according to the company’s official blog post. дальше »
2019-7-11 22:16 | |
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Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall
Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company’s LEO token. Bitfinex’s parent company iFinex sold $1 billion in LEO tokens for USDT from private investors during a 10-day token sale in May 2019 to cover an $850 million loss from Crypto […] The post Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall appeared first on CryptoSlate. дальше »
2019-6-16 00:50 | |
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Chinese Crypto Trader Commits Suicide After Losing 2,000 Bitcoins in Leverage Trading
Hui Yi, CEO, and co-founder of BTE. TOP, a cryptocurrency data analysis company committed suicide on June 5, 2019, after losing 2,000 Bitcoins owned by clients of the company. The deceased incurred the loss after using a 100x leverage trading, according to 8btc’s report on June 11, 2019. дальше »
2019-6-12 23:22 | |
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3 Stocks to Short to Make a Killing from Trump’s Mexico Tariffs
By CCN: President Trump’s shock announcement that he would impose tariffs on all Mexican imports rocked the stock market last week, but the White House-induced volatility creates the perfect storm for investors to make a killing by aggressively shorting several Mexico-linked companies. дальше »
2019-6-3 23:45 | |
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This Uber Scam Adds Insult to Injury for Investors After $1 Billion Loss
By CCN: As expected, Uber’s earning report delivered a quarterly loss of $1 billion. Management must be working out how to dupe drivers into generating more revenue for the ridesharing play as traders pile on to short the stock. дальше »
2019-5-31 03:15 | |
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IBM Blockchain Lead Who Worked With Stellar Tech Leaves the Company
Stellar (XLM), the cross-border payments protocol competing with Ripple (XRP), recently suffered a loss of a key player in… The post IBM Blockchain Lead Who Worked With Stellar Tech Leaves the Company appeared first on Invest In Blockchain. дальше »
2019-5-29 17:19 | |
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Time’s Running Out to Bet Against Billion-Dollar Loser Uber’s Stock
By CCN: The first earnings report for Uber stock is about to be released, and UBER is expected to have lost over a billion dollars in Q1. This loss comes despite an expected 20 percent revenue increase to $3. дальше »
2019-5-29 12:25 | |
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Uber Braces for $1 Billion Loss in First Quarter as a Public Company
By CCN: Ridesharing powerhouse Uber Technologies (NYSE: UBER) announced last week that it expects to lose $1 billion in its first-ever quarterly earnings report this Thursday. Uber gave shareholders only a week to prepare for the report, and they will be eagerly anticipating Thursday evening’s results. дальше »
2019-5-28 02:00 | |
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Why UPbit was the only Korean crypto exchange to record a profit [$120m] in 2018
UPbit, the largest crypto exchange in South Korea, was the only exchange to record a profit in 2018. UPbit is operated by Dunamu, a company heavily invested in by Kakao—one of the most influential internet conglomerates in South Korea. дальше »
2019-5-27 15:04 | |
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Infographic: An Overview of Compromised Bitcoin Exchange Events
The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2. дальше »
2019-5-25 21:56 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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Hacked Exchange Binance to Resume Withdrawals and Deposits, Could Spark Raging Crypto Rally
By CCN: The world’s largest crypto exchange Binance, which temporarily paused deposits and withdrawals following its high profile hack that resulted in the loss of around $49 million worth of bitcoin, is set to fully resume deposits and withdrawals on Tuesday. дальше »
2019-5-13 16:10 | |
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Uber IPO Smacks Saudi Wealth Fund with $200 Million Loss
By CCN: The Saudi Arabian Public Investment Fund (PIF) was one of the first believers in Uber, ponying up billions of dollars to invest in it back in 2018. Now that the ride-sharing company has finally gone public, the fund stands to be one of the biggest losers. дальше »
2019-5-12 14:24 | |
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Update On Binance Security Breach: Deposits and Withdrawals to Resume Soon
The Founder and CEO of Binance Changpeng Zhao has spoken up concerning the recent hack that led to the loss of 7,000 BTC (over $40 million). In a post on the company’s official blog today, CZ said the exchange is working round the clock to ensure normal deposits and withdrawals are restored. дальше »
2019-5-10 15:27 | |
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Overstock Reveals Nearly 20% Revenue Loss In Q1 2019 As Sales Reduces Compared To 2018 Revenue
Overstock Suffers 17% Revenue Loss In Q1 2019 As Sales Reduces While the cryptocurrency market is in a struggle to recover from the loss in 2018, Overstock, a major online retailer has reported significant revenue loss due to reduced sales. дальше »
2019-5-9 22:19 | |
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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter
Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business. дальше »
2019-5-10 20:04 | |
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Bitfinex Releases White Paper for LEO Token Sale
Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO). дальше »
2019-5-8 18:33 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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‘Not a White Paper’: Marketing Document Details $1 Billion Bitfinex Token Sale
New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds. дальше »
2019-5-5 18:49 | |
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Square’s Stock Tanks after Lackluster Q1 Results
Despite a 43 percent year-on-year growth in net revenues, Square has declared a loss per share of 9 cents in a letter to shareholders. Wall Street was expecting the loss making company to finally declare an earnings call in the green, evidently, the market punished Square for hitting below expectations. дальше »
2019-5-3 09:22 | |
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S&P 500 Stock Plunges 24% After Brutal Q1 Loss Stuns Investors
By CCN: Stocks are broadly tanking today, but Fluor, Inc. , a Texas construction outfit, is leading the charge, with a roughly 24% loss by press time. The company lost 48 cents per share and announced the resignation of its 8-year CEO David Seaton. дальше »
2019-5-3 22:34 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Tesla Embarrassed by Major Chinese Buyer in Giant New York Billboards for Million-Dollar ‘Electromechanical Failures’
By CCN. com: Times Square visitors were treated to an embarrassing shellacking of Elon Musk and his Tesla clown car on Monday. Three advertisements appeared in the popular area of New York City demanding that Tesla provide Shenma, a high-end Chinese ride-hailing firm, with compensation. дальше »
2019-4-30 09:18 | |
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Bitcoin Rally Takes a Breather After Market Gets “Bitfinexed” Once Again: BTCManager’s Week in Review Apr 29
The price of bitcoin closed effectively unchanged versus last week’s close – after hitting a recent high of $5,640 – as a result of the New York Attorney General Office’s claims that Bitfinex has been covering up an $850 million loss using funds from its sister company Tether. дальше »
2019-4-29 19:00 | |
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Crypto Market Loses a Whopping $10 Billion in Wake of Tether/Bitfinex Scandal
On Thursday, the cryptocurrency market took a major hit, dropping more than $10 billion in market cap following allegations surrounding Tether (USDT). According to a press release officially published on the New York Attorney General website, iFinex Inc which is the company behind Bitfinex crypto exchange and Tether Limited, covered up a loss of $850 […] The post Crypto Market Loses a Whopping $10 Billion in Wake of Tether/Bitfinex Scandal appeared first on ZyCrypto. дальше »
2019-4-27 09:00 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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RChain Informs It Suffered A Scam After Accepting Counterfeit Money For RHOC Tokens
RChain Informs It Suffered A Scam After Accepting Counterfeit Money The blockchain company RChain has recently informed that it experienced an attack resulting in the loss of an undisclosed number of RHOC tokens. дальше »
2019-4-27 23:17 | |
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Tether Turmoil Twist: Stolen Reserves Proves Crypto Stablecoin Was Once Backed
The crypto community is in an uproar following the New York State’s Attorney General’s office accusation that prominent crypto exchange Bitfinex – tied closely to the controversial stablecoin Tether – had hidden a $850 million loss at the hands of a capital management company. дальше »
2019-4-26 23:00 | |
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Bitfinex Denies Loss of Funds Following New York Attorney General Lawsuit
Cryptocurrency exchange Bitfinex has come out to defend its position after the New York State Attorney General filed a lawsuit against the company and Tether for fraud. Bitfinex maintains that the report claiming that it has lost $850 million at Crypto Capital were false. дальше »
2019-4-26 13:59 | |
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Tether bombshell leads to 5% wipeout of bitcoin, can the market recover?
On Apr. 25, the office of New York Attorney General Letitia James alleged iFinex, the company behind Bitfinex and Tether, of misusing $900 million of Tether’s cash reserves to hide an $850 million loss. дальше »
2019-4-26 02:50 | |
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