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financial losses

Meta’s Metaverse Vision: Steady Despite Record Losses

Meta CEO Mark Zuckerberg affirms long-term metaverse strategy despite record losses for Reality Labs in 2022. Innovating with new VR headsets ahead.

FTX Customers Seek Privacy in Bankruptcy Battle

Non-U.S. FTX customers push to keep identities hidden during bankruptcy, fearing identity theft and targeted attacks amid legal disputes.

Ferrari Ditches Cryptocurrency Sponsors, Racing into Financial Trouble

Ferrari ends crypto partnerships, losing $55M, as other F1 teams face similar woes. Explore the impact on fan engagement and the crypto landscape in sports.

The Ripple Effect: Understanding the Aftermath of the March 13 Euler Flash Loan Attack

Explore the massive impact of the March 13 Euler flash loan attack on multiple DeFi protocols, highlighting losses and responses.

News

The Downfall of Digital Currency Group: Unraveling the Billion-Dollar Losses

Explore how Digital Currency Group faced significant financial losses due to the 3AC collapse. A closer look at their recovery plans and valuation drop.

Unraveling the Fallout: Legal Woes and Financial Chaos in the Terra Ecosystem

Discover the unfolding consequences of the Terra ecosystem collapse, as users face losses and legal action looms over Stablegains.

SushiSwap’s $3 Million Bug: What Happened and What’s Next?

A deep dive into the recent SushiSwap bug that led to $3 million losses and the community’s response. Recoveries and SEC inquiries explored.

GameStop Shifts Gears: No More Crypto Focus After Q3 Losses

GameStop announces halt on cryptocurrency efforts following $94.7 million losses; focus shifts to collectibles and NFTs amid staff layoffs.

The Lessons of LUNA: Mike Novogratz’s Humble Tattoo Reminder in Crypto Investing

Mike Novogratz reveals his LUNA-inspired tattoo as a reminder of humility in investing after the TerraUSD collapse. Explore the impact on crypto culture.

Ontario Teachers’ Pension Plan Takes a Step Back from Cryptocurrencies

OTPP steps back from cryptocurrencies, reallocating investments toward real estate and private credit after losing $95 million in FTX.