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…
Hut 8 Mining swings to adjusted EBITDA loss in its fiscal Q4
Hut 8 Mining reports disappointing results for its fiscal Q4. Digital assets mined this quarter was also down year-on-year. Wall Street currently has a consensus overweight rating on HUT. Hut…
MicroStrategy BTC paper loss hit $1.3B but no plans to stop trading bitcoin
MicroStrategy registered $34 million in its first-ever bitcoin sale. The company registered a paper loss of over 1 billion in 2022. MicroStrategy made its first bitcoin purchase in August 2020.…