This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone

2019-4-16 07:05

Bithumb, one of South Korea’s largest cryptocurrency exchanges, posted a 205.5 billion won ($180 million) net loss in 2018,… The post This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone appeared first on Invest In Blockchain.

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loss 2018 → Результатов: 116


Bitcoin SV Miners Accumulating a Gross Loss of US $2.2 Million Since November 2018

Currently, Bitcoin SV is under of threat of getting delisted from the biggest cryptocurrency exchange Binance and further potential of similar delisting on all of the exchanges as the crypto community comes together in support of Hodlonaut, a Bitcoiner who launched Lightning Torch and is now being attacked by Bitcoin SV supporter Craig Wright for […]

2019-4-13 17:36


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South Korea Crypto-Exchange Bithumb Reports $180 Million 2018 Losses

South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018 and, the financial results reportedRead MoreRead More.

2019-4-12 13:00


Newly Transitioned Bitcoin Mining Company, Riot Blockchain, Posts Over $50 Million Loss In 2018

Riot Blockchain Records $58 Million Loss For 2018 Since the bear market began, several firms across the crypto and Blockchain industry have reported significant losses. However, the section of the industry that seems to have been hit the worst in the mining sector with many firms closing down, letting go of their staff, trying to […]

2019-4-3 21:18


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Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software

This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.

2019-4-2 21:54


Exit Scam? Mismanagement? Coinbase Digs Into Failed Crypto Exchange QuadrigaCX’s ‘$150 Million Loss’

Brian Armstrong, the CEO of Coinbase, one of the world’s largest crypto exchanges, said that the company conducted internal research on the QuadrigaCX case. QuadrigaCX has been claiming that Gerald Cotten, its CEO, passed away with sole control over its cold wallets containing $150 million in various cryptocurrencies including Bitcoin and Ethereum.

2019-2-23 15:21


Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3.

2019-2-19 16:53


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Meet Some Popular Investors who Finished in Profit for the 3rd Year in a Row

CoinSpeaker Meet Some Popular Investors who Finished in Profit for the 3rd Year in a Row 2018 will be remembered as one of the most volatile years in market history. While stock markets started the year with incredible surges, with several indices and stocks climbing to all-time highs, Wall Street ended 2018 at a loss, erasing all gains seen earlier in the year.

2019-1-25 12:06


Insights On Japan’s Possible Crypto ETF Support, Will This Also Foster an Approval from the US SEC?

The high level of concern that the Japanese government through its Financial Services Agency had caused to the crypto market and not just the crypto users, investors and exchanges in Japan could not be forgotten soon around old-time crypto users after the Coincheck hack of Jan 2018, which led to a loss of more than […] The post Insights On Japan’s Possible Crypto ETF Support, Will This Also Foster an Approval from the US SEC? appeared first on ZyCrypto.

2019-1-9 12:06


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Bitmain IPO in ‘Death Spiral’? Rumors Of $740M Q3 Loss as Bitcoin Cash Crashes

Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s Worst Quarter? Originally reported by the Twitter account known as BTCKING555 December 3, the author of which almost exclusively tweets about Bitmain, unreleased quarterly earnings data for Q3 2018 allegedly reveals $740 million losses.

2018-12-5 13:00