2019-2-13 10:15 |
Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit. origin »
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Bitcoin miner Riot Platforms reported a net loss of $84. 4 million for the second quarter, compared to a net loss of $27. 4 million during the same period last year. Despite the financial setback, the company reported $70.
2024-8-1 02:06 | |
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The U.K.-based company also reported a loss of $16 million last year, up from $4.1 million in 2020.
2022-10-13 22:53 | |
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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.
2022-6-18 20:06 | |
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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.
2020-5-24 06:01 | |
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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 […]
2019-10-21 17:30 | |
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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 […]
2019-2-13 08:42 | |
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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.
2019-2-8 18:38 | |
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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.
2019-2-7 12:13 | |
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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.
2019-2-7 17:20 | |
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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.
2019-2-5 20:35 | |
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The story almost has it all. Snowy Canada, an Indian Orphanage, a sudden death, troubles with bankers, an encrypted laptop and USB and the claimed loss of $180 million worth...
2019-2-4 17:33 | |
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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.
2019-1-31 18:00 | |
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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.
2019-1-30 00:00 | |
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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.
2019-1-23 23:32 | |
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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.
2019-1-17 16:45 | |
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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.
2019-1-17 22:48 | |
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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.
2019-1-13 20:22 | |
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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.
2018-12-26 19:29 | |
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The indictment is not related to the exchange’s $400 million loss in the worth of Bitcoin (BTC) tokens in 2014.
2018-12-12 18:47 | |
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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.
2018-12-12 15:00 | |
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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.
2018-12-10 11:30 | |
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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 | |
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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.
2018-11-30 06:55 | |
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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.
2018-11-29 19:05 | |
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Mike Novogratz’s crypto merchant bank, Galaxy Digital Holdings, has reported losses for the first nine months of 2018.
2018-11-29 13:40 | |
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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.
2018-11-27 16:25 | |
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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.
2018-11-24 23:26 | |
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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.
2018-11-23 18:00 | |
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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.
2018-11-18 16:47 | |
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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).
2018-11-17 02:13 | |
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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.
2018-11-14 23:31 | |
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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.
2018-11-13 19:09 | |
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Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business.
2018-11-14 17:00 | |
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Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business.
2018-11-13 17:00 | |
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A bitcoin trader has been jailed and fined over $1.1 million for stealing bitcoin and litecoin, and then defrauding investors to repay the loss.
2018-11-12 13:10 | |
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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.
2018-11-10 01:35 | |
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Hut 8 Mining Corp. , a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8. 7 million on higher depreciation costs. Depreciation spiked to $13.
2018-11-10 23:10 | |
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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.
2018-11-9 17:19 | |
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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.
2018-11-8 18:00 | |
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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.
2018-11-2 21:42 | |
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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 […]
2018-10-31 10:00 | |
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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.
2018-10-30 04:30 | |
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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.
2018-10-30 03:55 | |
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Coincheck, the Japanese crypto exchange that suffered a $520 million hack in January, has reported increased losses for Q3 2018.
2018-10-29 12:10 | |
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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.
2018-10-27 09:00 | |
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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.
2018-10-21 11:15 | |
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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.
2018-10-13 23:50 | |
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It only takes a few minutes for Bitcoin to lose $200 and that’s exactly was happened today. Not only has Bitcoin crashed earlier today but it took the whole market down with it including Ethereum, XRP, Monero, Stellar and so on.
2018-10-11 17:30 | |
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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.
2018-10-11 17:00 | |
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Японский IT-гигант GMO Internet сообщил об убытке в размере 1,36 млрд иен ($11,75 млн) в криптовалютном секторе его бизнеса в прошедшем году. Во вторник компанией был опубликован финансовый отчет за 2018 год, в котором говорится, что в ее криптовалютном сегменте бизнеса, включая биржу и майнинговые предприятия, чистый доход составил $74,51 млн.
Japanese IT giant GMO Internet plans to stop making and selling crypto mining machines, only months after launching its B3 miner.
Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business.
Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business.
The Japanese Technology Giant GMO Internet just published its report for the third quarter. According to the report, the IT company recorded continuous viable performance in its crypto-related businesses.
Японский IT-гигант GMO Internet объявил, что начинает полномасштабную подготовку к выпуску стабильной виртуальной валюты. Согласно заявлению GMO Internet , стейблкоин будет выпущен с прицелом на использование для расчетов в области криптовалютного бизнеса компании.