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3 mins read

Crypto DeFi protocols lost $1.4 billion this year but recovered over half of it

Decentralised finance (DeFi) applications have been growing multi-fold this year, and so have the e…

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1 min read

Short sellers have lost more than $175 billion betting against US stocks as Nvidia, Tesla, and Meta defy doomsayers

Betting against stocks including Nvidia, Meta, and Tesla has been the least profitable trade for in…

Zahra Tayeb   


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1 min read

Rolex remains the favorite of robbers as luxury watch thefts top $1.3 billion, defying a plunge in secondary-market prices

The total value of watches reported as stolen has topped $1.3 billion worldwide, with a surge in th…

Joseph Wilkins   


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1 min read

Another crypto lending platform is freezing withdrawals as the industry's downward spiral continues

Babel Finance will temporarily stop allowing users to take out their crypto holdings, the second le…

Katie Canales   


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2 mins read

Apple, Microsoft, Tesla, and Meta see a combined $625 billion wipeout in market value amid August's stock slump

Four Big Tech companies - Apple, Microsoft, Tesla, and Meta - have lost a combined $625 billion in …

Zahra Tayeb   


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3 mins read

Ethereum may not have too long to get its high gas fee issue in check, according to JPMorgan

Ethereum’s gas fees can move from a few dollars to a few hundreds in a matter of seconds. According…

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3 mins read

Ethereum could lose out to rival blockchains that power crypto apps as its much-vaunted upgrade might come too late, JPMorgan says

By the time the final stage is done, rivals will have grown so much that activity may not return en…

Shalini Nagarajan   


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2 mins read

AscendEX suspends crypto withdrawals as hack wipes out $77.7 million worth of Ethereum, Polygon and other tokens

For now, customer withdrawals have been suspended, as AscendEX is conducting a security review…

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1 min read

Avalanche-based DeFi platform Vee Finance says it's lost $35 million in ether and bitcoin in a crypto hack

Avalanche-based platform Vee Finance said Tuesday it had been hacked and a total of around $35 mill…

Camomile Shumba   


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6 mins read

Solana, Cardano, Polkadot and others — here’s a quick look at why these crypto tokens are being touted as ‘Ethereum Killers’

Ethereum’s high gas fees have many blockchain developers looking at alternatives to build their pro…

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2 mins read

eToro adds DeFi tokens to its trading platform as it taps into the boom in demand from the crypto community

eToro has added DeFi tokens Aave and Yearn.Finance YFI to its offering. Demand has boomed as indust…

Sophie Kiderlin   


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8 mins read

Tesla lost its edge and Elon Musk has no one but himself to blame

Aging tech, stale car designs, and an outdated business model: How Elon Musk turned Tesla from his …

Nora Naughton   


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2 mins read

Mark Cuban says he lost money trading a DeFi token called Titan that crashed from $60 to zero in one day

Cuban told Bloomberg News that there should be more regulation to define what stablecoins are.

Emily Graffeo   


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2 mins read

$3.7 billion was lost to crypto scams and hacks in 2022 - the worst year in the market's history

Attacks against decentralized finance projects accounted for around 80% of the stolen funds, accord…

Morgan Chittum   


Zahra Tayeb   


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1 min read

Attackers swipe $80 million from ethereum DeFi project Beanstalk in one of the largest flash-loan exploits ever

"Like all other investors in Beanstalk, we lost all of our deposited assets in the Silo, which was …

Phil Rosen   


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2 mins read

Terra’s stablecoin jumps 5x valuation in 2021 – with $18 billion locked in the DeFi ecosystem

Stablecoins have sort of lost their charm over the past few years. But open source blockchain platf…

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3 mins read

Cardano may need Africa more than Africa needs Cardano as the DeFi battle heats up

More recently, despite hosting the Cardano Summit in September — which included a slew of a…

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2 mins read

Crypto activity in Asia has grown over 700% in a year thanks to a boom in DeFi: Chainalysis

Crypto-related activity in the fast-growing Asia-Pacific economies soared in the 12 months to June,…

Camomile Shumba   


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2 mins read

Cryptocurrencies take a beating along with tech stocks, as Facebook earnings hit metaverse tokens and a blockchain hack hits solana and other DeFi coins

Meta's shares plunged 20% in premarket trading, dragging tech and social media stocks lower, while …

Adam Morgan McCarthy