Report: Losses from hacks and scams in Q3 total $889 million
From July through September, the crypto industry lost about $889.3 million to hacks, frauds and rug pulls. Beosin analysts provided the figures.Articles and updates related to reports and reporting.
Report: Losses from hacks and scams in Q3 total $889 million
From July through September, the crypto industry lost about $889.3 million to hacks, frauds and rug pulls. Beosin analysts provided the figures.
JPMorgan: Shanghai hard fork disappointed in Ethereum activity
The Shanghai upgrade activated in April, the Shanghai upgrade to the Ethereum network appears not to have led to the expected rise in on-chain activity. CoinDesk reports, citing a JPMorgan report.
Report: Metaverse market to reach $800 billion by 2024
By 2024, the metaverse industry’s market capitalization is projected to reach $800 billion, from a current valuation of $47 billion—a rise of 1,600%.
Web3 projects lose $1.25 billion since the start of the year to hackers
From January to August, losses across Web3 platforms from hacks and scams totalled $1.25 billion.
Nvidia posts record profit as a new computer era begins
Nvidia's earnings per share for the second quarter of fiscal 2024 came in at $2.70. CEO Jensen Huang attributed the results to a sharp shift toward AI adoption.
Bitcoin-NFT trading metrics fall 92% over the summer
Over the past three months, trading volume and the number of Ordinals sales fell by more than 92% — to $35 million and 172,956 transactions in July.
TeraWulf doubles mining power since the start of 2023
The mining company TeraWulf published its Q2 2023 results, with revenue up 34% to $15.5 million.
Bernstein: A Spot Bitcoin ETF Could Help Kick-Start a New Crypto Cycle
Approval of a spot exchange-traded fund (ETF) based on the first cryptocurrency would bring fresh capital to the digital assets market and lay the groundwork for retail and institutional investors to enter.
Bakkt’s quarterly revenue rises to $348 million
Bakkt, the US institutional platform, reported results for the second quarter of 2023, with revenue reaching $348 million.
Nearly 100 crypto funds shut in 2023
Since the start of 2023, 97 of the 700 existing crypto funds have closed — about 13%.We use cookies to improve the quality of our service.
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