Temasek Analysts Reduce Premiums Following FTX Exchange Collapse
Singapore's Temasek Public Investment Fund said that the team of analysts that recommended investing in the FTX cryptocurrency exchange will drop some of the premiums because of the site's collapse. After the collapse of FTX Singapore fund had to write off as a loss inves ...
Hackers Target Hundred Finance’s Multi-Chain Lending Protocol, Resulting in $7 Million Loss
Over the weekend, Hundred Finance's multi-chain lending protocol was targeted by hackers, resulting in a loss of $7 million. The PeckShield analytics platform reported that the attacker used a technique where they donated 200 WBTC to manipulate hWBTC's rate and subsequently drained the lending po ...
SBI Crypto Files Lawsuit Against Whinstone US Data Center Over Alleged Misconduct
SBI Crypto, a subsidiary of Japanese corporation SBI Holdings, has taken legal action against Whinstone US data center in the District Court of Texas. The mining company has alleged that Whinstone withheld crucial information from its customers, drew up unreasonable contracts, failed to comply wi ...
Canaan’s Q4 Revenue Collapses by 82% as Cryptocurrency Market Falters
Canaan, the ASIC miner manufacturer based in China, has reported its financial results to the US Securities and Exchange Commission (SEC), indicating a massive 82% drop in revenue during the last quarter of the year. The report shows that the company earned a meager $56.8 million during October-D ...