Fantom FTM's Loss Eases as Foundation Soothes Investor Concerns
Fantom ecosystem tokens and value locked on DeFi protocols have dipped in the past 24 hours. Source
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Impermanent loss challenges the claim that DeFi is the ‘future of France’
Impermanent loss is one of the most recognized risks that investors have to contend with when providing liquidity to an automated market maker (AMM) in the decentralized finance (DeFi) sector. Although it is not an actual loss incurred from the liquidity provider’s (LP) position — rather an opportunity cost that
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30% Of Bitcoin Supply Enters Into Loss As Price Continues Decline
On-chain data reveals more than 30% of the Bitcoin supply has entered into losses as the price of the crypto continues to decline. Less Than 70% Of Bitcoin Entities Are Now In Profit As per the latest weekly report from Glassnode, the percentage of BTC entities in profit has severely dropped recently
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Metaverse Tokens AXS, SAND Plummet as Meta Reports $10B Loss
“Without clear utility for the value of the metaverse tokens, it serves as a proxy for investor's sentiments on the future of the metaverse,” said Vincent Choy, ecosystem architect of Oz Finance, in an email to CryptoX. “I believe that there will correlation between the tokens and stocks until the
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Jump Trading Backstops Wormhole’s $320M Exploit Loss
On Wednesday night, the Wormhole bridge suffered an exploit to its Solana-Ethereum bridge, with an attacker fraudulently minting 120,000 ether (ETH) worth over $320 million. The attacker moved the majority of the funds to the Ethereum main chain, while keeping 40,000 wrapped ETH on Solana and trading portions of that
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Tesla Records $101M Impairment Loss on Bitcoin Holdings for 2021
Tesla recorded around $101 million of impairment losses from changes in the value of its bitcoin holdings in 2021. Original Source
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Jump Trading Backstops Wormhole’s $320M Exploit Loss: Sources
On Wednesday night, the Wormhole bridge suffered an exploit to its Solana-Ethereum bridge, with an attacker fraudulently minting 120,000 ether (ETH) worth over $320 million. The attacker moved the majority of the funds to the Ethereum main chain, while keeping 40,000 wrapped ETH on Solana and trading portions of that
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Meta Reports a Loss of $10.2B on Augmented/Virtual Reality Operations in 2021
Meta Platforms (META) reported that it lost $10.2 billion in 2021 on its newly broken out Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, in its fourth quarter earnings report.Meta announced in the third quarter that it would be breaking out results for the division
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Meta Reports Loss of $10.2B on Augmented/Virtual Reality Operations in 2021
Overall, Meta reported adjusted Q4 earnings per share of $3.67, falling short of the consensus analyst estimate of $3.85, according to FactSet, while revenue of $33.7 billion was just ahead of the consensus estimate of $33.4 billion. Meta's guidance for first-quarter 2022 revenue also fell short, coming in at between
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Ryanair Posts Quarterly Loss of €96M Atop “Hugely Uncertain” Year Outlook
Ryanair hopes to improve its operational outlook in the coming years with the plans to acquire some new jets from Boeing.Swords, Ireland-based budget airline Ryanair Holdings plc (NASDAQ: RYAAY) has released its last quarterly report and outlook, posting a loss of €96 million ($107 million). The loss was better than
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