Home » Tag Archives: Losses

Tag Archives: Losses

Japanese Cryptocurrency Exchange Zaif Hacked, $58 Million in Losses

Japanese cryptocurrency exchange Zaif was the victim of a major hack last week, local media sources have reported and the company has now confirmed. The hack, which occurred on Sept. 14 but was not discovered until Sept. 17, saw the hacker steal various amounts of bitcoin, bitcoin cash, and monacoin from the exchange’s hot wallet, collectively worth 6.7 billion yen ...

Read More »

Japanese Cryptocurrency Exchange Hacked, $59 Million in Losses Reported

Hackers have reportedly stolen $59 million worth of cryptocurrencies from Japanese cryptocurrency exchange Zaif, Cointelegraph Japan reports September 19. According to a local report, as a result of a security breach on September 14, hackers managed to steal 4.5 billion yen from users hot wallets, as well as 2.2 billion yen from the assets of the company, with total losses ...

Read More »

Bitcoin and Ethereum Record Losses in $10 Billion Wipeout

Over the past 24 hours, the crypto market has experienced a large sell off as Bitcoin demonstrated a 3 percent drop in price, leading the market to drop $10 billion. Ethereum and EOS recorded the largest drop amongst major cryptocurrencies at 9 percent, while Bitcoin Cash, Litecoin, Monero, Cardano, and Dash demonstrated steep 7 percent losses. What Caused the Steep ...

Read More »

Scattered Gains Bring Respite after Midweek Crash, But Many Alts Continue to See Losses

Friday, September 7: after the midweek bloodbath, crypto markets have slightly stabilized today, although many coins continue to shed value, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,430 at press time, down just under one percent on the day, according to Cointelegraph’s Bitcoin Price Index. Despite a bullish start to September, Bitcoin’s price ...

Read More »

Thailand’s Blockchain Solar Power Producers Face Extra Fees to Offset State Utility Losses

Blockchain-enabled independent power producers in Thailand pose such a threat to the state-run power generator and distributor that they will be required to pay extra in order to cushion the state utility from the disruption. According to Viraphol Jirapraditkul, a member of Thailand’s Energy Regulatory Commission (ERC), new regulations are currently being drafted which will see the blockchain-enabled solar power ...

Read More »

Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet

Thursday, September 6: crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on the 24-hour charts, as Coin360 data shows. Market visualizat​ion from Coin360 Bitcoin (BTC) is trading at around $6,492 at press time, down almost 6.32 percent on the day, according to Cointelegraph’s Bitcoin Price Index. Having broken through the $7,000 threshold ...

Read More »

Ripple Price Analysis: XRP/USD At Risk of More Losses

Key Highlights Ripple price declined sharply and broke the $0.3200 and $0.3000 support levels against the US dollar. This week’s followed key declining channel was breached with support near $0.3230 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair even broke the $0.2800 support area and traded close to the $0.2600 level. Ripple price declined ...

Read More »

Stellar Price: Negating Market Losses Thanks to StellarSwap, World Wire, and VNTPay

Despite the overall negative momentum sweeping through the cryptocurrency landscape right now, not all currencies are affected in a similar manner. The Stellar price has always been an interesting exception in this regard, as it suffers from the smallest losses in the entire top 15. Various key developments influence this market in a positive manner. Stellar Price Holds its Own ...

Read More »