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News with the tag "Crypto Losses"

Bitcoin World: Crypto Hacks: An Alarming $142 Million Loss in July

02:40 01-08-2025

July 2023 saw a significant increase in crypto hacks, with $142 million lost across 17 major incidents, highlighting the need for improved security measures in the decentralized finance (DeFi) sector.

Bitcoin World: NFT Whale Loss: The Stunning $3.86 Million Blow to Machi Big Brother

11:17 22-07-2025

Machi Big Brother, a prominent NFT whale, suffered a $3.86 million floating loss due to leveraged positions in PUMP, ETH, and HYPE tokens, highlighting the risks of high leverage in volatile markets.

Bitcoin World: Shocking Revelation: Over 913K Ethereum Lost Permanently to Errors and Bugs

12:09 21-07-2025

Over 913,000 Ethereum (ETH) worth approximately $3.43 billion has been permanently lost due to user errors and code bugs, representing 0.76% of Ethereum's circulating supply, with broader implications for the network and investor confidence.

Bitcoin World: Abraxas Capital Faces Staggering $131M Loss on Crypto Shorts

11:40 17-07-2025

Abraxas Capital is reportedly facing a $131 million unrealized loss on crypto short positions, primarily held on the Hyperliquid platform, highlighting the risks of high-stakes crypto trading.

Bitcoin World: Delio CEO Attack: Shocking Consequences for Crypto Losses

13:56 08-07-2025

A South Korean man was fined for assaulting Delio CEO James Jung over significant crypto losses, highlighting broader challenges in the South Korean crypto market.