DeFi platform Stream Finance pauses all activity after revealing $93M loss
Its stablecoin, Staked Stream USD (XUSD), has fallen to $0.2975, according to CoinGecko data. The depegging followed a $100 million exploit on Balancer, an automated market maker. Stream Finance also…
LAUNCHCOIN price pump leads to $4m loss for crypto trading firm
Launch Coin on Believe price rose suddenly, jumping 60% to highs of $0.118. Gains saw a surge in liquidations, with crypto trading firm. Launch Coin on Believe (LAUNCHCOIN) price surged…
Circle unveils Arc Blockchain amid 53% revenue surge, $482M Q2 loss
Circle launches Arc blockchain with USDC as native gas token. Circle’s Q2 revenue up 53% to $658M, but $482M net loss reported. USDC supply has surged to $65.6B, including $250…
XRP forecast: is the pullback over as Ripple CTO clarifies loss of XRP Ledger blocks?
The XRP price is currently holding above $3 amid whale accumulation and network growth. Ripple CTO defends not resetting ledger after early data loss. A break above $3.30 could trigger…
PUMP holders sell at a loss as Pump.fun founder confirms airdrop won’t happen soon
Two wallets dumped 1.25B PUMP coins within 2 hours, incurring $1.19M loss. The move came after Pump.fun founder confirmed delays in the much-awaited airdrop. The alt exhibits bearishness amidst community…
Telegram crypto bot Banana Gun confirms $3M loss, says it will refund users
Banana Gun confirmed a $3 million loss from a hack targeting experienced traders. All affected users will receive full refunds without selling any tokens. The company has implemented enhanced security…
Impermanent Loss
What Is Impermanent Loss? Impermanent loss occurs when the current value of assets in a liquidity pool is less than their value at the time of deposit. This means that…
Fantom awards $1.7M to security researcher for averting $170M loss
The Fantom Foundation says the $1.7 million is bounty for a security researcher whose quick alert helped prevent a potential $170 million hack. Fantom had lost $550k in October, with…
What Is Artichoke and How It Solves Impermanent Loss
What is Artichoke? Artichoke is a liquidity provision protocol housed on the Arbitrum One blockchain. It aims to enhance on-chain capital efficiency by allowing users to provide single-s...
Bitcoin supply in loss at 68% after BTC price drop from $31k local top
Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss…