Sunday, April 28, 2024
Home > Loses (Page 23)

Bitcoin briefly loses its spot as top cryptocurrency — Wait, what?

Bitcoin's market capitalization was briefly flippened today as Wrapped Bitcoin suddenly gained quadrillions of dollars in value. But crypto aficionados and maximalists need not worry: The move was a glitch on CoinMarketCap, which briefly displayed Wrapped Bitcoin (WBTC) as worth more than all other assets in the world combined. WBTC showed

Read More

Twitter loses its mind over rapper’s ‘$1M Bitcoin giveaway’ … worth $11 each

Cash App, the Bitcoin-friendly payments application from U.S. financial services company Square, has teamed up with Grammy-nominated rapper Megan Thee Stallion on a $1 million Bitcoin giveaway.Megan announced the promotional campaign via Twitter on Dec. 17. The post has received more than 60,000 likes and 8,800 retweets at the time

Read More

Market Wrap: Bitcoin Loses Momentum at $19.4K; Ethereum Fees Increasing

The number of billion-dollar spot volume days in the bitcoin market is increasing, pushing prices higher. Ethereum’s transaction fees are also increasing as general cryptocurrency interest fuels demand.Bitcoin (BTC) trading around $18,883 as of 21:00 UTC (4 p.m. ET). Slipping 0.75% over the previous 24 hours.Bitcoin’s 24-hour range: $18,640-$19,474 (CryptoX

Read More

DeFi Protocol Pickle Finance Token Loses Almost Half Its Value After $19.7M Hack

Popular decentralized finance protocol Pickle Finance was hacked on Saturday, draining $19.7 million in DAI, a decentralized stablecoin pegged to the U.S. dollar, from a Pickle wallet.Pickle came on the scene Sept. 11 as one of many food-themed DeFi projects. The fully automated system rewards users with interest payments and

Read More