loss

Hut 8's Halving Hangover: $134M Loss & a Bold AI Pivot

Hut 8's Halving Hangover: $134M Loss & a Bold AI Pivot

Hut 8, one of the biggest players in the Bitcoin mining sector, recently disclosed a jaw dropping $134 million Q1 loss. This $3 trillion number is indeed a misleading figure that has sent some shockwaves across the crypto community. MetaBlock X predicts that this loss is due, in part, to...
Crypto's $357M April Loss: Systemic Failure or Individual Blame?

Crypto's $357M April Loss: Systemic Failure or Individual Blame?

The headlines scream: $357 million GONE in April! Hackers, scams, exploits! And the immediate reaction? "Those fools should have known better!" Is it really that simple? As crypto investors, we need to own the responsibility of protecting our investments. We live in a digital Wild West where the sheriff’s badge...
Crypto Scams: How April's $364M Loss Shows We're All Vulnerable

Crypto Scams: How April's $364M Loss Shows We're All Vulnerable

April’s crypto heists were a harsh reminder that In $364 million money disappeared into thin air, a shocking 1,163% increase from March. That number isn’t just an abstract statistic, it’s a reality of shattered dreams, stolen retirements, and lives turned upside down. Frankly, it could be you next.Are You Really...
Loopscale Suffers $5.8 Million Loss in Solana DeFi Exploit

Loopscale Suffers $5.8 Million Loss in Solana DeFi Exploit

Loopscale, a lending market constructed on Solana, suffered a critical exploit. The hack has resulted in a loss of $5.8 million, which represents 12% of the platform’s total value locked (TVL). The exploit was aimed specifically at RateX-based collateral pricing, one element in Loopscale’s lending ecosystem.The breach happened less than...
Loopscale's $5.8M Loss: Did Community Hype Blind Us to Security Risks?

Loopscale's $5.8M Loss: Did Community Hype Blind Us to Security Risks?

Picture this, you wake up, check your crypto wallet and there’s a massive hole where your money used to be. One profoundly real and practical outcome that has become a reality for many Loopscale users today. A $5.8 million hack. 12% of their TVL vanished. This isn’t all about dollars...
Loopscale's $5.8M Loss: Who Pays the Price for DeFi's Broken Promises?

Loopscale's $5.8M Loss: Who Pays the Price for DeFi's Broken Promises?

DeFi promised us an elusive financial revolution, a utopia liberated from the gatekeepers of Wall Street. Instead, we’re seeing a slow-motion train wreck. Unfortunately, the wreckage is littered with the dreams and savings of regular folks. The $5.8 million exploit that obliterated Loopscale just two weeks after its release is...
KiloEx Exploited: DeFi Protocol Suffers Multi-Million Dollar Loss

KiloEx Exploited: DeFi Protocol Suffers Multi-Million Dollar Loss

KiloEx, a DeFi decentralized finance (DeFi) protocol, was recently attacked by a well-devised exploit. This unfortunate incident further illustrates the dire need for proactive security measures across the DeFi ecosystem. The exploit, which led to a loss of over $31 million, exploited the vulnerabilities built into the price oracle framework...
KiloEx Hacked: $7.4M Gone! What Went Wrong & DeFi's Future?

KiloEx Hacked: $7.4M Gone! What Went Wrong & DeFi's Future?

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