Canaan’s 2Q mining revenue jumps 43% on 1Q, but net loss climbs 31%
Bitcoin mining firm Canaan posts second quarter financials, with Bitcoin mining revenue up 43% from Q1 2023, though net...
Search by tag: loss
Bitcoin bulls risk trading range loss as BTC price nears 2-month lows
Bitcoin almost breaks down from its sideways construction in place for months, and Bitcoin bulls are struggling to prop...
Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated
Blockchain security firm PeckShield estimates the protocol suffered more than $2.1 million from the price manipulation a...
Bitcoin miner Riot Platforms trims Q2 loss to $27.7M
The firm managed to narrow net loss in the quarter as it ramped up Bitcoin production.
Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013
A crypto bill signed into law in 2022 paved the way for the Ukrainian government to amend its tax code, but local exchan...
AI Eye: AI content cannibalization problem, Threads a loss leader for AI data?
The reason AIs will always need humans, religous chatbots urge death to infidels, and is Threads’ real purpose to genera...
Atomic Wallet exploited, users report loss of entire portfolios
Several users on Twitter have reported losses of crypto assets, claiming funds held on the Atomic Wallet app vanished.
Bancor DAO hit with class-action suit over impermanent loss protection promises
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollar...
$190B Ontario pension says no to crypto after FTX investment loss
The pension fund had invested twice in the now-bankrupt crypto exchange once during the peak bull run in 2021 and anothe...
‘Biggest mistake’ is not using tax loss harvesting: Koinly head of tax
Failing to utilize tax loss harvesting is one of the biggest mistakes people can make on their tax returns, according to...
