Tag: Loss
Radiant Capital DeFi Protocol Loses $48 Million in Second 2021 Exploit
Radiant Capital, a DeFi protocol, recently fell victim to another exploit, losing a staggering $48 million in the process. This incident marks the second attack on the platform this year, raising concerns about the...
Bitcoin Price Plummets After FTX Collapse and Mt. Gox Panic
Bitcoin's price recently took a hit, dropping to around $54,000, resulting in the fifth largest realized loss since the FTX collapse. The panic selling that ensued was primarily fueled by concerns related to Mt....
Drake Faces $1M Bitcoin Loss as NHL and NBA Bets Go Awry
Canadian artist Drake is facing a potential loss of $1 million in cryptocurrency after placing two separate bets of $500,000 each on the Edmonton Oilers and the Dallas Mavericks to win the Stanley Cup...