The total loss from the Trump-backed World Liberty Financial Initiative (WLFI) has reached $110 million. The project initially allocated $336 million to …
Loss
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Markets
Whale Dumps Entire Stash of US First Lady Melania Trump’s Official Memecoin at $15,680,000 Loss: Lookonchain
by shayaanby shayaanBlockchain tracking firm Lookonchain says one crypto trader is looking at multi-million dollar losses after trading the official memecoin of Melania Trump, …
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Markets
Whale Dumps Entire TRUMP Position for $24,400,000 Loss During Price Crash: Lookonchain
by shayaanby shayaanA crypto whale is booking millions of dollars in losses after a long position on the Official Trump (TRUMP) turned against him, …
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Mining
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
by shayaanby shayaanBitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including …
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Mining
Bitdeer Stock Drops 20% as ASIC Development Leads to Half a Billion Loss
by shayaanby shayaanThe Singapore-based Bitcoin miner Bitdeer saw its stock drop on Tuesday, after disclosing a fourth-quarter loss of $532 million amid its push …
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Cryptocurrency exchange Bybit has experienced $1.46 billion worth of “suspicious outflows,” according to blockchain sleuth ZachXBT. The wallet in question appears to …
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Mining
Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
by shayaanby shayaanRussian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network …
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Mining
Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining
by shayaanby shayaanRussian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting to approximately …
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Adoption
Strategy expands Bitcoin holdings with record acquisition despite Q4 loss
by shayaanby shayaanStrategy (formerly known as MicroStrategy) has reported its largest quarterly Bitcoin acquisition to date, marking a significant expansion of its holdings in …
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Markets
Strategy (MicroStrategy) Reports Q4 GAAP Loss of $3.03 Per Share, BTC Holdings of 471,107 Tokens
by shayaanby shayaanStrategy (MSTR) reported a fourth-quarter net loss of $3.03 per share, compared to income of $0.50 per share a year earlier. The …