Tag: losses

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Posted in Crypto Update

How to handle crypto trading gains and losses on your balance sheet

Currently, no accounting standards are dedicated to crypto assets, so broader guidelines per the International Financial Reporting…

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Posted in Crypto Update

Judge dismisses class-action suit against Uniswap over token scam losses

The United States District Court of Southern New York has dismissed a class-action suit against Uniswap Labs,…

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Posted in Crypto Update

Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage

Crypto trading platform Cypher has published a plan to recover from its $1 million exploit, stating it…

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Posted in Crypto Update

Atomic Wallet faces lawsuit over $100M crypto hack losses: Report

A group of disgruntled cryptocurrency investors have launched a class action against Atomic Wallet, which suffered a…

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Posted in Crypto Update

Bitdeer’s losses widen in Q2 after one-time $33M listing fee, shares up 44%

Bitcoin miner Bitdeer Technologies, a firm spun-off from prominent Bitcoin Application-Specific Integrated Circuit (ASIC) manufacturer Bitmain, recorded…

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Posted in Crypto Update

Marathon Digital posts Q2 losses amid record-breaking Bitcoin production

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn…

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Posted in Crypto Update

Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take – Cointelegraph Magazine

Let’s get business out of the way before getting to the fun part: Meta, the parent company…

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Posted in Crypto Update

Pond0X token launch snafu leads to millions of dollars in losses

The launch of memecoin Pond0x (PNDX) has led to millions of dollars in losses for investors, according…

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Posted in Crypto Update

Reality Labs losses top $7.7B year to date

Meta’s metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7…

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Posted in Crypto Update

Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses

Connext cross-chain bridging protocol has announced a new token standard to reduce losses from bridge hacks. According…