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Crypto Resurgence Triggers $200 Billion Loss In ‘Magnificent Seven’ Tech Shares

The crypto market is currently experiencing a significant upswing, with cryptocurrencies collectively gaining $1.3 trillion in market capitalization over the past week. This surge in enthusiasm for digital assets coincides with the imminent approval of a spot Bitcoin Exchange-Traded Fund (ETF) in the United States, providing a major boost to the entire crypto ecosystem. As […] дальше »

2023-10-26 14:30


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Bank of America Unrealized Losses Top Record $131B; High Interest Rates a Saving Grace?

Bank of America has reported $131.6 billion in unrealized losses on securities in Q3, but analysts say it is unlikely to sell the securities at a loss due to strong liquidity and higher capital. The post Bank of America Unrealized Losses Top Record $131B; High Interest Rates a Saving Grace? appeared first on BeInCrypto. дальше »

2023-10-18 09:52


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Platypus Finance announces 90% of assets lost in exploit recovered

Platypus Finance, a decentralised finance (DeFi) protocol on the Avalanche blockchain, has announced the recovery of 90% of assets stolen after a recent security breach. Platypus Finance recovers 90% of stolen funds An October 17 statement the protocol’s team posted on X noted that after this leaves its net loss from the flash loan attacks […] The post Platypus Finance announces 90% of assets lost in exploit recovered appeared first on Invezz. дальше »

2023-10-18 22:51


Alameda Research’s $190 Million Loss Linked To Inadequate Security, Insider Reports

Amidst the ongoing legal proceedings, a fresh wave of testimonies has emerged against Sam Bankman-Fried (SBF) and his operations. In this particular instance, outside the courtroom, a former engineer at Alameda Research, the sister hedge fund of FTX, has come forward with revelations of substantial losses in trading funds totaling at least $190 million. Aditya […] дальше »

2023-10-13 22:30