markets·6d ago
BitMine Reports 22x Revenue Surge, $9.1B Net Loss on ETH Write-Down
BitMine Immersion Technologies posts $46.5M revenue, but $9.1B loss from non-cash Ethereum markdown.
Crypto news
Original coverage across the crypto market, updated daily.
defi·14d ago
Trader Loses $2M in Same-Block Backrun Extraction Exploit
A crypto trader suffered a $2 million loss after a same-block backrun extraction exploit.
markets·17d ago
Bitcoin Profit and Loss Ratio Hits 43-Month Low
The metric suggests a potential market bottom, with analysts offering differing strategies.
exchanges·24d ago
Polymarket Hack Losses Updated to $3.1M Amid Investigation Over Marketing
Polymarket faces probe into marketing practices as hack losses climb to $3.1 million.
regulation·24d ago
Basel Capital Rules May Curb Bank Crypto Adoption Despite Regulatory Green Light
Outdated Basel capital standards treat Bitcoin as near-total loss, potentially limiting bank crypto activities.
defi·35d ago
Legacy Aztec Connect Contract Drained of $2.1 Million Years After Shutdown
An exploit of a defunct Aztec Connect contract leads to $2.1 million loss, but current Aztec protocols remain secure.
markets·42d ago
XRP Capitulation Grows as Profit/Loss Ratio Hits Lowest Since 2024
On-chain data shows intense selling pressure as XRP's realized profit-to-loss ratio drops to levels not seen since 2024.
regulation·43d ago
US Senators Urge Congress to Address AI-Driven Job Losses
Elizabeth Warren and Bernie Sanders lead calls for protections as automation concerns mount.
bitcoin·43d ago
Bitcoin Realized Losses Below 2022 Peak, Bear Market May Not Be Over
Bitcoin's realized losses remain $35 billion below the 2022 total, indicating the bear market may still have room to run.
markets·44d ago
Arthur Hayes Warns Hyperliquid's Token Burn Strategy May Lose to Wall Street
BitMEX co-founder Arthur Hayes cautions that Hyperliquid's use of trading fees to burn tokens exposes it to market share losses.