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Inverse Finance suffers another attack; Hacker steals $1.3 million, causes $5.8 million protocol loss
Inverse Finance on June 16 suffered another attack, with an oracle price manipulation exploit allowing a hacker to steal about $1. 3 million and resulting in a loss of $5. 8 million for the protocol. дальше »
2022-6-18 20:06 | |
Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5. 6 million for the first quarter of 2020, down from $9. 5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent the heavy loss. дальше »
2020-5-24 06:01 | |
Cryptocurrency SIM Swap Victim Sues Telecom Giant AT&T For A Loss of $1.8 Million
Telecom operator AT&T has been sued by an individual named Seth Shapiro, a resident of California, claiming to be the victim of a SIM-swap hack, which resulted in a loss of $1.8 million. At&T is the second-largest wireless carrier in the US, with over 153 million subscribers and earning $71 billion in total operating revenues […] дальше »
2019-10-21 17:30 | |
Brock Pierce Claims Mt. Gox Revival as Former CEO Believes It Cannot and Will Not Happen
The tragedy that is Mt. Gox is one that many cryptocurrency investors know as one of the worst cases of theft. A massive hack in 2011 ended up collapsing it a few years later, resulting in an 850,000 BTC loss, which was about $460 million back then. Now, it would be valued at approximately $3 […] дальше »
2019-2-13 08:42 | |
A primer on QuadrigaCX, the curious $134M cryptocurrency mystery
QuadrigaCX, one of Canada’s largest cryptocurrency exchanges, made headlines all over the world after the sudden death of its founder resulted in the loss of $134 million of users’ funds. The news came months after the troubled exchange had been complaining about banking issues, with some users describing problems with fiat and crypto withdrawals. дальше »
2019-2-8 18:38 | |
EA Shares Plummet as Gaming’s Most-Hated Company, Will Apex Battle Royale be its ‘Fortnite’?
After a difficult 2018 characterised by sluggish sales and further loss of ground to multiplayer juggernaut ‘Fortnite‘, EA has taken another huge hit after newly released earnings figures of $262 million for Q3 2018 showed that the company missed its $1. дальше »
2019-2-7 12:13 | |
Is Euro in Big Trouble? After Deutsche Bank’s Failure, French Giant BNP Warns ‘Extreme Market Conditions’
With newly released data showing slower growth in the euro-zone, the struggle of Deutsche Bank, and BNP Paribas cutting $683 million in expenses, the euro may be in deep trouble. In the last quarter of 2018, a period in which even U. дальше »
2019-2-7 17:20 | |
Notorious Bitcoin Exchange QuadrigaCX May be Sold to Compensate Crypto Victims for $150m Loss
When QuadrigaCX announced last month that CEO Gerald Cotten had suddenly died and roughly $150 million in cryptocurrency ($180 million Canadian) was inaccessible as a result, the crypto world went nuts. дальше »
2019-2-5 20:35 | |
Judge Orders BitGrail Founder to Reimburse Victims of 2018 Hack
On January 28, 2019, victims of the 2018 BitGrail hack announced that a court ruling has ordered the exchange to compensate them for the hack which led to the loss of over $195 million. Breaking the Bank On January 28, 2019, the BitGrail Victims Group (BGVG) made an announcement via Medium that a decision hasRead MoreRead More. дальше »
2019-1-31 18:00 | |
Monex Alerts Users About Impersonator Scam
CoinCheck parent company Monex has issued a press release, January 29, 2018, warning users about an ongoing impersonator scam that targets newer users of their platform. Stark Warning Back in April 2018, CoinCheck, a Cryptocurrency exchange, suffered a hack that led to the loss of over $530 million. дальше »
2019-1-30 00:00 | |
BitGrail Goes Bankrupt Nearly A Year After Announcing Its Infamous $195 Million Hacking Loss
BitGrail Goes Bankrupt Almost A Year After It Announced A Loss of $195 Million USD Nobody can argue that 2018 was a good year for cryptos. Despite some developments in the market, the year was highly volatile and mostly went downward. дальше »
2019-1-23 23:32 | |
Bitcoin theft victim sues AT&T for $224M after SIM-swap bungle
Nicolas Truglia, the infamous cryptocurrency con-man already arrested for stealing $1 million in digital assets, is now being sued for a further $81 million by another one of his victims. Court documents allege Truglia worked with a crew of 25 unnamed individuals to steal $24 million in cryptocurrency from Michael Terpin, an early Bitcoin investor, reports the Register. дальше »
2019-1-17 16:45 | |
Call of Duty: Binance Freezes Stolen Cryptopia’s funds
Barely 30 hours after ZyCrypto reported the hack of Cryptopia, one of biggest crypto exchanges in New Zealand, Binance came to the rescue by freezing some of the stolen funds. The security breach which took place on the 14 January 2019 led to the loss of a significant amount of cryptocurrencies, including $2. дальше »
2019-1-17 22:48 | |
$170 Million Dollar Hack On Italian Crypto Exchange BitGrail Ends Up In Lawsuit, Nano Faucet Cited
Hack On Italian Crypto Exchange BitGrail Ends Up In Lawsuit Lawyers continue to be involved in the BitGrail hack that occurred almost a year ago and that resulted in the loss of more than 15 million NANO coins, close to $195 million dollars at that time. дальше »
2019-1-13 20:22 | |
Bitcoin Exchange Guide’s Most Important Negative Moments of Cryptocurrencies During 2018
The cryptocurrency market did not have a good year in terms of price performance. The drop can be also related to several issues that hit the market during the last 12 months. For example, back in January, the Japanese cryptocurrency exchange Coincheck was hacked. дальше »
2018-12-26 19:29 | |
Cubits is Bankrupt and Withholding User Funds As OneCoin Ties Exposed
Anger continues to engulf cryptocurrency trading platform Cubits after executives suddenly announced the company was bankrupt, blocking all user funds. Cubits Owner: Funds Recovery ‘Unsuccessful’ In a press release dated December 11, Dooga Ltd. дальше »
2018-12-12 15:00 | |
$1 Million BTC Options Position Set to Expire on Dec. 28
Former portfolio manager at the University of Chicago endowment and current CIO of Blocktower Capital, Ari Paul, was reported to have made the largest-ever speculative play using BTC options during December of 2017. дальше »
2018-12-10 11:30 | |
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. дальше »
2018-12-5 13:00 | |
Canada’s Fortress Blockchain Records $1.16 Million Loss In Q3 For Crypto Mining Business
The Canadian Bitcoin mining giant Fortress Blockchain registered a loss of $1. 16 million in the third quarter of 2018. In the previous quarter, the company lost $202,000. This shows that the bearish price action in virtual currencies is affecting the whole crypto market. дальше »
2018-11-30 06:55 | |
Canadian Bitcoin Miner Fortress Blockchain Reports $1.16M Loss in Q3
Fortress Blockchain’s net loss worsened to $1. 16 million (1. 55 million Canadian dollars) in the third quarter, from $202,000 in the preceding three-month period, as price pressure continues to mount in the global bitcoin mining industry. дальше »
2018-11-29 19:05 | |
Mike Novogratz’s Galaxy Digital Reports $76 Million Q3 Loss
Mike Novogratz’s crypto merchant bank, Galaxy Digital Holdings, has reported losses for the first nine months of 2018. дальше »
2018-11-29 13:40 | |
ETH/USD Price Analysis: Vitalik Buterin Holding A $470 Million Paper Loss
Latest Ethereum News When ETH is sent, the receiving address can perform arbitrary computation that is paid for by the originator of the transaction. Now it is emerging that some exchanges that initiate transactions without gas limits were open for exploitation in a flaw picked out by Level K—a group of researchers that specialize in […] The post ETH/USD Price Analysis: Vitalik Buterin Holding A $470 Million Paper Loss appeared first on Ethereum World News. дальше »
2018-11-27 16:25 | |
BCH Hash Wars Caused a Total Loss of 10 Million USD To Both Camps, Says Bitmex Research
The infamous “BCH Hash War” has not only been highly damaging to the entire crypto ecosystem, but those responsible for the fall are also suffering multi-million dollar losses, according to a recent report published by Bitmex Research. дальше »
2018-11-24 23:26 | |
Bitcoin Cash ‘Hash War’ May Soon End As Losses Near $12M
The total cost of the ongoing ‘hash rate war’ affecting Bitcoin Cash has topped $11. 8 million, data from Hong Kong-based cryptocurrency trading platform BitMEX shows. SV Bears Brunt Of Giant Losses Fresh research uploaded to social media November 21 reveals the true extent of the curious phenomenon, in which miners have opted to mine Bitcoin Cash’s two forks at a loss. дальше »
2018-11-23 18:00 | |
ICO death knell: AirToken will process refunds in USD plus interest. It will also refund people that sold for a loss.
Two days ago, SEC issued a statement that Airfox, a Boston-based company that held an ICO where it collected $15 million of funds, didn’t registered their ICO and because of that failed to comply with the federal securities laws in the United States. дальше »
2018-11-18 16:47 | |
One Day After the Bitcoin Cash Hard Fork: Takeaways and Latest Developments
Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV). дальше »
2018-11-17 02:13 | |
Bitmain Sues Anonymous Hacker Over $5.5 Million Theft
Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5. 5 million in cryptocurrency last April from the company’s account on the digital exchange Binance. дальше »
2018-11-14 23:31 | |
Japanese internet giant posts $5.5M loss for its cryptocurrency mining division
The latest in a string of companies posting cryptocurrency mining losses has come from Japanese internet giant, GMO. The internet infrastructure business posted a loss of over $5. 5 million dollars for its cryptocurrency mining division for the third quarter of this year, according to its recent financial report. дальше »
2018-11-13 19:09 | |
Investor Lawsuit Brought Against AT&T, T-Mobile for SIM Swapping Hacks
Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping. дальше »
2018-11-10 01:35 | |
What is Ethereum Classic? Introduction To ETC
What Is Ethereum Classic? Ethereum Classic ETC is an Ethereum hard fork created to preserve the original Ethereum coding after The Decentralized Autonomous Organization (The DAO, an Ethereum-based project) was hacked. дальше »
2018-11-9 17:19 | |
Square, Boosted By Its Bitcoin Business, Posts First Ever Profit in Q3
Jack Dorsey’s financial services provider, Square, has reported its first quarterly profit of $20 million. The bitcoin-integrated payments company also beat Wall Street estimates for Q3 earnings and revenue. дальше »
2018-11-8 18:00 | |
Unchained Capital Revamps Loans With Multi-Party, Multi-Sig Storage
Blockchain financial service company Unchained Capital will now offer multi-signature and multi-institution cold storage solutions for borrowers who leverage its crypto-collateralized loans service. дальше »
2018-11-2 21:42 | |
Changelly Exchange Assists Bithumb In Recovering 1 Million XRP Coins Worth $460,000
The biggest crypto exchange in South Korea, Bithumb was a victim of a massive hack that resulted in a loss of over $30 million of virtual assets. The breach in hot wallet resulted in the exchange immediately stopping their deposits and withdrawal while they moved their funds to the safety of cold storage. Bithumb also […] дальше »
2018-10-31 10:00 | |
Canadian Crypto Exchange MapleChange’s Alleged Theft Spurs Rumors of Exit Strategy Scam
Canadian Crypto Exchange Experiences Alleged Theft, Spurring Rumors of Potential Exit Strategy Instead MapleChange is one of the latest cryptocurrency exchanges to come from Canada, but they recently experienced a loss of their funding, which allegedly included 913 Bitcoin, which was valued at $5. дальше »
2018-10-30 04:30 | |
Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter
Coincheck reported a pre-tax loss of 588 million yen (US $5. 3 million) for the third quarter of 2018, the Japanese exchange’s second consecutive quarterly loss since hackers pilfered $530 million in January. дальше »
2018-10-30 03:55 | |
Australian Women Steals almost Half a Million Ripple XRP
In a report published October 25, 2018, police in New South Wales announced the arrest of a woman responsible for stealing more than $450,000 worth of XRP. Theft Details The woman was caught after the assembly of a new task force called Strike Force Rostrevor that was established in January to investigate the sudden loss of the victims Ripple tokens. дальше »
2018-10-27 09:00 | |
US Federal Court Fines Bitcoin Ponzi Schemer Over $2.5 Million
A U. S. federal court has fined a New York firm and its chief executive officer over $2. 5 million in the first anti-fraud action involving bitcoin filed by the Commodity Futures Trading Commission. дальше »
2018-10-21 11:15 | |
Coinbase Has Just Added ZRX, Its First ERC-20 Token
Making good on a promise it made back in March of this year, Coinbase has just added its first ERC-20 token. ZRX, the token of the 0x (pronounced “zero x”) protocol began trading on Coinbase Pro (formerly GDAX), the exchange’s professional trading platform, on October 11, 2018. дальше »
2018-10-13 23:50 | |
Has Bitcoin (BTC) Finally Succumbed To Stock Market Pressure?
Bitcoin (BTC) held its ground when the stock market plunged deep into the red yesterday. Both the S&P 500 and Dow Jones Industrial Average registered significant drops. However, Bitcoin (BTC) remained unaffected by it. дальше »
2018-10-11 17:00 | |
PwC and Cred Partner to Develop Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-8 21:30 | |