Metaplanet Posts $605 Million Loss After Spending Billions on Bitcoin
In brief Metaplanet disclosed a full-year loss of $605 million. The company has paid $107,000 per Bitcoin on average for its $2.4 billion stash. It...
Tag : Million
Kevin O’Leary Wins $2.8 Million Defamation Judgment Against BitBoy Crypto
Kevin O’Leary just walked away with a $2.8 million courtroom win. The Shark Tank investor secured a default judgment against former crypto influencer Ben Armstrong,...
Morning Minute: Coinbase Reports $667 Million Loss Amid Bitcoin Dive
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt....
$3.85 Million in Ethereum From Mixin Network Hack Sent to Tornado Cash
In brief A hacker wallet dormant since 2023 moved $3.85M in Ethereum from the Mixin exploit to Tornado Cash on Thursday. The Mixin exploit, which...
BlackRock Increases Bitmine Stake to Over 9 Million Shares: What’s Next?
If you think the institutional appetite for crypto ended with the ETF approvals, look again. In a move that signals massive long-term conviction, the world’s...
Bitcoin Price Slides After US Admits Nearly 1 Million ‘Phantom’ Jobs in Data Revision
Bitcoin price did not just dip. It reacted to something way bigger. The U.S. government revised last year’s job numbers down by nearly 900,000 positions....
Coinbase Reports Q4 Miss With $667 Million Loss Amid Bitcoin Retreat
Coinbase disclosed $1.78 billion in fourth-quarter revenue on Thursday, indicating that its business suffered alongside Bitcoin’s retreat from all-time highs last year. The figure represented...
Bitcoin Exchange Paxful Must Pay $4 Million Over Prostitution, Money Laundering Charges
In brief Peer-to-peer Bitcoin exchange Paxful was sentenced this week to pay $4 million in criminal fines. Paxful pleaded guilty to facilitating money laundering, fraud,...
AI.com Debuts During Super Bowl After $70 Million Domain Name Buy—What's the Deal?
In brief AI.com went live during Super Bowl LX after a $70 million domain acquisition. Heavy traffic triggered outages as advertised autonomous agents failed to...
US Sentences Fugitive to 20 Years Over $73 Million Crypto Scam
In brief Prosecutors said the scheme used social media, dating platforms and spoofed trading sites to build trust before extracting funds, a tactic known as...