The cryptocurrency industry has faced its most damaging month in terms of thefts, scams and crypto exploitations, with criminals making off with $363 million in November, blockchain security report reveals.
According to the firm CertiK, in a November 30 post on X (former Twitter), exploitation…
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losses
September emerged as the worst month for cryptocurrency exploits
September stands as the worst month of 2023 in terms of cryptocurrency-related exploits. During this month, a serious setback was recorded with the theft of $329.8 million in digital assets.
CertiK, a blockchain security firm, noted that…
Massive layoffs among US tech giants continue
The massive job cuts among the big US technology companies have gained new intensity in the last week, after the announcement of thousands of layoffs by Microsoft and Google, and the communication of the departure of thousands of workers…
Silvergate crypto bank lost 877 million in 2022
Silvergate Capital, an entity focused on Bitcoin and blockchain companies and owner of Silvergate Bank, recorded losses of 948.6 million dollars (877 million euros) in 2022, compared to attributable net profit of 75.5 million dollars (70…
Global losses due to natural catastrophes amount to US$ 115,000 million
During the year 2022 the frequency and force of natural events and disasters have increased throughout the world. The Swiss company in the Swiss Re insurance area has estimated losses at 115,000 million dollars in the first ten months of…
Massive liquidations impact the crypto market
In recent days, the crypto market has been experiencing a liquidation process of more than 260 million dollars, while the most important cryptocurrencies in the system registered significant losses.
According to BeinCrypto, Ethereum…
Cryptocurrencies fall due to Ukraine-Russia tensions
Bitcoin (BTC) and other cryptocurrencies registered a drop in their prices this Tuesday, February 22, due to the increase in tensions between Ukraine and Russia, that caused uncertainty in the stock markets.
Some analysts consider that the…
Turkey will not accept private cryptocurrencies
Recep Tayyip Erdogan, President of the Republic of Turkey, stated in a meeting with university students that his country has no intention of protecting any type of private digital asset in his territory.
Erdogan was emphatic and expressed:…
Big crypto companies leave China
Large cryptocurrency companies began their withdrawal from China "from where around 60 % of bitcoin was extracted until June", due in the first place, to the forceful regulations imposed by the country on the digital asset market and…
Exxon Mobil faces heavy losses
The crisis that has been dragging the oil company Exxon Mobil since 2013 worsens and reaches losses, during the third quarter of 2020, of about 680 million dollars.
As if this were not enough, the oil company has laid off a high percentage…
Uber continues to have significant losses in the year
Uber Technologies, the transport and mobility services platform, registered losses of $ 1,775 million between April and June, which means reducing its negative result recorded in the second quarter of the previous year by 66%, according to…
Swiss Central Bank reports losses from January to March
The Swiss National Bank (SNB) estimates that in the first quarter of 2020 it registered losses amounting to 36,369 million euros, the worst quarterly result in the almost 113 years of history of the Swiss central bank, as a consequence of…