Tag: financial losses
New York Attorney General Takes Stand Against Gemini, Genesis, and DCG for Investor Fraud
New York’s Attorney General files lawsuit against Gemini, Genesis, and DCG over alleged investor fraud. Industry-wide implications arise.
Alameda Research’s Multi-Million Dollar Fumbles: A Whistleblower’s Tale of Scams and Speed
Explore the costly blunders of Alameda Research as revealed by a whistleblower, highlighting security lapses and risky practices in crypto trading.
Q3 2023: A Catastrophic Quarter for Crypto Security with $700 Million Lost
Discover how nearly $700 million in crypto assets were lost in Q3 2023 due to private key compromises and hacking incidents. A serious wake-up call!
Federal Reserve’s $100 Billion Loss: A Silver Lining for Bitcoin Investors?
Explore the U.S. Federal Reserve’s losses and discover why Bitcoin may become a surprising asset for investors amidst financial turmoil.
Floating Point Group Halts Services After Major Cyberattack: Implications for the Crypto Market
Floating Point Group halts services after a cyberattack, impacting the crypto market. What does this mean for future investments?
North Korean Hackers: The Crypto Caper Targeting Japan and Beyond
Explore how North Korean hackers pillaged Japan’s cryptocurrency market, accumulating staggering losses over years. Are you secure?
North Korean Hackers Target Japan: A Deep Dive into the Cryptocurrency Heist
Discover how North Korean hackers made Japan the biggest victim in the cryptocurrency realm, with massive losses and lax security.
BankProv Halts Crypto Mining Rig Loans After Major Write-Off
BankProv halts loans secured by crypto mining rigs after significant losses. Reflecting on 2022, they aim for a brighter 2023 with new strategies.
Cryptocurrency Scams in Hong Kong: A Closer Look at 2022’s Shocking Statistics
Discover the shocking rise of cryptocurrency scams in Hong Kong in 2022, revealing losses and regulatory responses.
Crypto Scammers Target Investors in 2022: How Law Enforcement Fought Back
Discover how Europol and the crypto community fight against scams targeting desperate investors in 2022.