losses
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Euler’s Updated Redemption Plan: Differential Repayments and Open Position Compensation
On April 12th, Euler updated its previously announced user redemption plan by deciding to determine assets and liabilities based on the block height when the agreement was suspende
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SBI Crypto sues Riot Blockchain for distorting facts and delays, resulting in millions of dollars in losses
According to reports, Bitcoin miner SBI Crypto Co. (SBIC) is suing Whitstone US, a Riot Blockchain data center located in Rockdale, Texas, for distorting facts in preparation for l
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The Impact of European Central Bank’s Interest Rate Hike on the Italian Central Bank
On March 31, Italian Central Bank President Cristiano Vasco said that the European Central Bank\’s interest rate hike has led to a rapid increase in the cost of debt of the Italian
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The safety incidents in March caused a total loss of about 210 million US dollars, significantly increasing compared to the loss amount in February
According to reports, according to the monitoring by the OKLink security team of Ouke Cloud Chain, the security incidents in March 2023 caused a total loss of about 210 million US
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Protect Your Investment: Understanding the Protection Period for Vauld’s Creditors
It is reported that the protection period for creditors of Vauld, a cryptocurrency lending platform, has been extended again to April 28.
Vauld received another creditor protection -
Swiss Authorities May Allow Credit Suisse Bondholders to Bear Losses
According to reports, the Swiss authorities are considering allowing Credit Suisse bondholders to bear losses as part of the rescue agreement. If Credit Suisse were liquidated rather than acquired by UBS, its bondholders’ losses could be even greater. (Reuters) Swiss authorities consider assuming losses to Credit Suisse bondholders Analysis based on this information:Reports indicate that the Swiss authorities are considering a proposal that could see Credit Suisse bondholders bear losses as part of the rescue agreement. If Credit Suisse were liquidated instead of being acquired by UBS, bondholders would suffer even greater losses. This development underscores the precarious financial situation of the multinational banking and financial services company. Credit Suisse, which is headquartered in Switzerland, is one of the largest banks in the world, with operations in several countries. The company has been grappling with various challenges ranging from regulatory fines, mounting legal fallout, and reputational damage. In the latest development, the Swiss authorities are crafting a rescue plan with…
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Online Fraud Soars to Record High in 2022 with Crypto Investment Fraud Making Up Almost a Quarter of the Total Losses
On March 19th, the Federal Bureau of Investigation revealed that in 2022, American citizens lost more than $10 billion due to online fraud, including $2.57 billion due to crypto investment fraud. In contrast, the losses caused by this fraud in 2021 were “only” $907 million. Data: US victims lost $2.5 billion in encryption scams in 2022 Analysis based on this information:The Federal Bureau of Investigation recently revealed the shocking news that online fraud has reached an all-time high in 2022, with American citizens losing over $10 billion. This figure represents a significant increase from the previous year; in 2021, total losses from online fraud amounted to $907 million, which means that the losses have skyrocketed over a thousand percent in just a year. The FBI disclosed that the losses were caused by cybercriminals who are becoming more sophisticated in their methods, making it even more challenging for law enforcement agencies to track them down. One of the most concerning aspects…
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Banking Stocks Face Significant Losses Despite Mixed Performance of US Stock Indexes
According to reports, the three major US stock indexes ended up mixed, with the Dow index down 0.28%, the Nasdaq up 0.45%, the S&P 500 index down 0.15%, and the banking stocks fell sharply. The Bank of First Republic fell more than 61%, the Bank of Alains West fell more than 47%, and the Bank of Hawaii fell more than 18%. The three major indexes of the US stock market ended up mixed, and bank stocks fell sharply Analysis based on this information:The recent reports on the performance of the three major US stock indexes – the Dow, Nasdaq, and S&P 500 – have revealed a mixed outcome. While the Nasdaq witnessed an increase of 0.45%, the Dow index witnessed a decline of 0.28%, and the S&P 500 index witnessed a slight dip of 0.15%. However, the banking stocks’ performance was alarming, with the Bank of First Republic falling more than 61%, the Bank of Alains West falling more than…
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Annual Internet Crime Report Shows Rising Losses Due to Cryptocurrency Investment Fraud
It is reported that the annual Internet crime report of the Federal Bureau of Investigation (FBI) shows that with the surge of cryptocurrency investment fraud, the online fraud losses reported to the FBI in 2022 exceeded $10 billion, which is the highest annual loss amount in the past five years. From 2021 to 2022, the number of online fraud reports increased by more than US $3 billion, due to the nearly tripling of the number of cryptocurrency investment fraud reports, and the loss caused by ransomware was about US $34 million. FBI: The number of online fraud reports increased by more than US $3 billion in 2002, and the number of encrypted investment fraud nearly doubled Analysis based on this information:The annual Internet crime report of the Federal Bureau of Investigation (FBI) reveals a significant rise in online fraud losses in 2022. According to the report, the losses reported to the FBI exceeded $10 billion, which is the highest annual…
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AnubisDAO Suffers Millions In Losses As Attacker Cleans Funds Through Tornado Cash
It is reported that according to Paidun early warning monitoring, the address of AnubisDAO attacker (marked as AnubisDAO explorer3) transferred 2500 WETHs to t…