Category: Losses
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EV maker VinFast’s losses heap pressure on parent Vingroup as foreign investors sell
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Written by Francesco Guarascio and Phuong Nguyen HANOI (Reuters) – Vietnam’s Vingroup faces renewed scrutiny over its strategy to support loss-making electric car maker VinFast, with its shares near multi-year lows as foreign investors sell off and borrowing costs rise. Pressure on the company, a household name in Vietnam with…
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US Court Appearance Scheduled For Do Kwon Amid Claims Of $40 Billion In Crypto Losses
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Do Kwon, the South Korean businessman behind failed cryptocurrencies TerraUSD and Luna, is scheduled to appear in federal court in Manhattan on Thursday, where he faces serious charges. Criminal fraud charges. This follows its recent delivery from Montenegro, where it was located detained For more than a year after he…
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High street job losses climb to 170,000 amid rising tax burdens
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The UK’s struggling high streets have lost nearly 170,000 retail jobs this year – the biggest annual toll since pandemic lockdowns in 2020 – as stores face higher taxes, rising costs and weak consumer spending. Figures from Altus Group and the Center for Retail Research (CRR) reveal a 42 per…
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DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report
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This article is also available in Spanish. According to A a report Published today by blockchain security firm Hacken, decentralized finance (DeFi) protocols saw a sharp decline in exploits in 2024, while centralized finance (CeFi) platforms doubled their losses due to security breaches. DeFi platforms demonstrate better security mechanisms In…
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Shiba Inu Price Crash To $0.000022 Plunges 43% Of Investors Into Losses
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the The price of the Shiba Inu has crashed Less than $0.000022, down over 20% in just one week. This massive collapse resulted in 43% of SHIB investors suffering losses. Furthermore, the recent drop in the price of the Shiba Inu comes along with The broader coin market declineswith major…
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Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn?
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This article is also available in Spanish. Bitcoin faced its first major correction since early November, falling 13% from its all-time high of $108,364. This sudden pullback sent shockwaves through the cryptocurrency market, shifting sentiment from extreme bullishness to uncertainty and even fear. The sell-off has been particularly brutal for…
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Mark Cuban Calls Healthcare Pricing ‘Horrific’– Says Hospitals and Doctors Are ‘Sub Prime Lenders’ Forced To Raise Prices To Cover Losses
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Mark Cuban calls health care prices ‘horrible’ — and says hospitals and doctors are ‘prime lenders’ — but suggests a way to fix things Mark Cuban doesn’t hold back when it comes to his thoughts on the US health care system. On Bluesky, on December 10, he explained exactly why…
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UAE buys Mclaren’s automotive business following record losses
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Abu Dhabi’s sovereign wealth fund is set to acquire the automotive division of McLaren, the iconic British supercar manufacturer, in a move that reshapes the ownership of one of the UK’s most iconic car brands. The deal follows a difficult period for the Woking-based company, which posted a record annual…
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Trump and heavy losses drag SolarEdge to new low
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Israeli Solar Energy Company SolarEdge technologies (Nasdaq: SEDG) saw its stock price drop 22% yesterday on Wall Street, as other renewable energy stocks fell sharply following the election of Donald Trump as the next US president. The Trump administration is not expected to encourage renewable energy. After the close of…
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RCO Finance to Lead in Upcoming Market Rally as Toncoin and Cardano See Further Losses
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Projects like Toncoin (TON) and Cardano (ADA) have been popular with long-time investors and are known for their unique innovations and community support. However, recent performance trends have raised concerns about the ability of these tokens to withstand market challenges. Let’s explore the latest Toncoin and Cardano news and why…
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How to Deal With “Black Swan” Event Losses
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By definition, Black swan events Unexpected and very difficult to predict. We could see huge gaps, sharp swings, and increased volatility during big events… or we might not see any movement at all. Do you remember the time when the Swiss National Bank (SNB) surprised the markets with the decision…
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Vote Trump, Save Crypto? Harris Victory Could Lead To ‘Billions’ In Losses, Says Winklevoss
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In a recent post on social media platform Winklevoss and his brother Taylor had previously spoken publicly Supported Former President Donald Trump donated $1 million in Bitcoin to his re-election campaign. Regulatory concerns are pushing cryptocurrency companies out of the United States Winklevoss Highlight The significant financial losses imposed by…
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October Crypto Losses Drop, But Total Hacks Still Top $1.4 Billion This Year
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According to another a report From blockchain security company Immunefi, the cryptocurrency sector will face continued challenges with hacks and scams in 2024. The report highlights that although exploitation losses have declined month-on-month, the industry has seen more than $1.4 billion lost due to 179 hacks and scams this year.…
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BNB Under Siege: Failed Recovery Sparks Fears of Deeper Losses
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BNB finds itself under renewed selling pressure as its latest recovery attempt fails, leaving the cryptocurrency vulnerable to further losses. Despite the brief upward move, BNB’s failure to break through key resistance levels has raised concerns about a deeper decline. With technical indicators pointing to potential weakness ahead, the question…
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Long Positions Liquidated Lead To 16% Losses
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They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…
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Long Positions Liquidated Lead To 16% Losses
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They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…
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Lido (LDO) Faces Massive Correction As Token Losses Mount To 20%
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Lido (LDO)’s short-term position remains at risk in the face of a market-wide correction phase, dragging the altcoin market into the mud. At the time of writing, the token exists lost More than 20% of the value, which represents a significant decline in investor sentiment. The market was not in…
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Lido (LDO) Faces Massive Correction As Token Losses Mount To 20%
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Lido (LDO)’s short-term position remains at risk in the face of a market-wide correction phase, dragging the altcoin market into the mud. At the time of writing, the token exists lost More than 20% of the value, which represents a significant decline in investor sentiment. The market was not in…
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Cardano (ADA) Struggles: Can Bulls Prevent Further Losses?
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Cardano price started a new decline from the $0.3850 resistance level. ADA is consolidating above $0.3350 and may attempt a recovery wave. ADA price started moving lower below the $0.3550 support level. The price is trading below $0.350 and the 100 hourly simple moving average. There is a short-term bearish…
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Jasmy, Daddy Tate, Reef lead losses as Bitcoin stalls at $65k
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The popular altcoins suffered a harsh reversal on Sunday, September 29, as Bitcoin’s recent rally stalled a few points below $66,000. Jasmi, Daddy Tate, and Reeve reflect JasmyCoin (JASMY), the popular Japanese cryptocurrency, fell to $0.02326, down 8% from its high on Saturday. Daddy Tate (DADDY), linked to controversial social…