Category: Loses
-
Tornado Cash Loses Motion to Dismiss
•
Judge in Tornado Cash Case He issued an oral ruling today, denying both the defense’s motion to compel discovery and their motion to dismiss the charges. This represents a major setback for the defense, and the judge’s reasoning may not bode well for developers and projects moving forward. Motion to…
-
Elon Musk loses legal fight with ex-Twitter employee
•
Elon Musk has lost a legal battle over unpaid severance pay for a former Twitter employee who was laid off when he took over the social media platform in 2022, according to a memo obtained by Bloomberg News. The resolution of the dispute, which was handled through arbitration, comes nearly…
-
Ex-Governor Kidero loses bid to stop EACC from probing his bank accounts
•
Former Nairobi Governor Evans Kidero has suffered a setback after the Court of Appeal dismissed a case in which he sought to stop the Ethics and Anti-Corruption Commission (EACC) from investigating his bank accounts. Appeal Court judges Daniel Musinga, Asik Makhandia and Sankali Ole Kantai said yesterday that the questions…
-
Crypto Millionaire Loses $43 Million In Trading Bet, Rakes Up $132 Million In Debt
•
The cryptocurrency industry is known for its volatility and high-risk trading, which can turn disastrous if not managed properly, even for highly experienced crypto traders. One such loss is the case of millionaire James Fickell, who suffered a huge loss in 2011. Bold bet on Ethereum He inflicted heavy losses…
-
Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals
•
Chainlink (LINK) has seen significant volatility this week. Its price has fallen more than 13% from Monday’s high, pushing LINK to a critical support level around $11.20. Traders and investors are closely watching this crucial area. Related reading Data from Santiment confirms the importance of this level, showing that demand…
-
Crypto Whale Loses $55 Million In Massive Hack: Details
•
In a massive security breach, a crypto whale has reportedly lost $55.47 million worth of DAI due to a sophisticated phishing attack. The incident, detailed The case, conducted by blockchain analytics firm Lookonchain and cybersecurity firm Certik, involves the unauthorized transfer of ownership of a Maker vault containing large amounts…
-
Whale loses over $55m in DAI stablecoin to phishing attack
•
The whale address lost a large amount of DAI tokens due to a phishing attack after unintentionally signing a fraudulent transaction. On-chain data confirms that the losses amounted to $55.47 million in Dai (DAI). According to a post by Lookonchain X, the whale’s funds were stored in Maker, a decentralized…
-
Whale loses over $55m in DAI stablecoin to phishing attack
•
The whale address lost a large amount of DAI tokens due to a phishing attack after unintentionally signing a fraudulent transaction. On-chain data confirms that the losses amounted to $55.47 million in Dai (DAI). According to a post by Lookonchain X, the whale’s funds were stored in Maker, a decentralized…
-
‘Kamala-mentum’ is putting ‘Trump trades’ on ice as dollar loses steam By Investing.com
•
Macquarie says the prospect of a Democratic win is forcing traders to back away from “Trump trades” including dollar bidding, as Democratic presidential nominee Kamala Harris continues to bring more of a “Kamala mentality” to the White House race. “We believe the prospect of a Democratic victory in the presidential…
-
Polkadot (DOT) Investor Confidence Falls As Token Loses 16%
•
Polkadot’s value has been at its lowest levels since last month as investors and traders pull out of the market. According to Queen GeckoThe token has fallen by more than 16% in the past two weeks. With bears in control of the market, Polkadot’s short-term gains could be at risk.…
-
Polkadot (DOT) Investor Confidence Falls As Token Loses 16%
•
Polkadot’s value has been at its lowest levels since last month as investors and traders pull out of the market. According to Queen GeckoThe token has fallen by more than 16% in the past two weeks. With bears in control of the market, Polkadot’s short-term gains could be at risk.…
-
Equities Rebound Loses Steam as Yen Rises Again: Markets Wrap
•
(Bloomberg) — A rally in Japanese stocks lost steam after the yen resumed its rise, threatening a nascent recovery in global equity markets that’s been supported by signs of resilience in the U.S. labor market. Most Read from Bloomberg The Topix index’s gains narrowed to 0.6 percent from about 2…
-
Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst
•
Bitcoin price has been on a steady decline over the past week following several economic and market developments. According to data from CoinMarketCap, the leading cryptocurrency is currently hovering around the $60,000 price zone, having lost over 11.17% of its market value in the past seven days. While many crypto…
-
Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst
•
Bitcoin price has been on a steady decline over the past week following several economic and market developments. According to data from CoinMarketCap, the leading cryptocurrency is currently hovering around the $60,000 price zone, having lost over 11.17% of its market value in the past seven days. While many crypto…
-
Jacob Juma widow loses bid to stop eviction from Loresho land
•
The widow of late businessman Jacob Juma has failed to persuade an appeals court to block her eviction from a controversial property in Nairobi’s Loresho area. A three-judge panel of the Court of Appeal dismissed Ms Miriam Juma’s application, saying they were not satisfied that her appeal would be in…
-
Indian exchange WazirX loses $234m in recent exploit
•
WazirX, one of India’s largest cryptocurrency exchanges by trading volume, is the latest victim of a high-profile exploit, losing over $234 million in multiple crypto assets. Cyvers, a leading Web3 security firm, highlighted the hack earlier today, confirming that it involved the Ethereum-based WazirX multi-signature wallet. Notably, on-chain data confirms…
-
Indian exchange WazirX loses $234m in recent exploit
•
WazirX, one of India’s largest cryptocurrency exchanges by trading volume, is the latest victim of a high-profile exploit, losing over $234 million in multiple crypto assets. Cyvers, a leading Web3 security firm, highlighted the hack earlier today, confirming that it involved the Ethereum-based WazirX multi-signature wallet. Notably, on-chain data confirms…
-
Tether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share
•
Even with several high-profile crashes and decoupling events in recent years, stablecoins have continued to take market share from fiat currencies, reflecting increasingly strong demand. Although the stablecoin market remains highly concentrated, with Tether’s USDT leading the way, its dominance has been eroding over the past two years. In fact,…
-
Asia FX rises as dollar loses ground before CPI report By Investing.com
•
Most Asian currencies rose on Thursday as the dollar weakened after comments from Federal Reserve Chairman Jerome Powell raised optimism about interest rate cuts, putting upcoming inflation data in focus. Regional currencies regained some ground against the dollar as traders largely stuck to their bets on a Federal Reserve rate…
-
What Will Happen to the XRP Price if Ripple Loses its Case Against the US SEC
•
Turkish lire; Dr If Ripple loses the SEC lawsuit, the price of XRP could decline significantly, and the entire cryptocurrency market could see increased volatility. The regulator initially sought a penalty of $2 billion, but the latest proposal is $102.6 million, while the company is demanding a fine not to…