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Drops

Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million

Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million

1 week ago by Crypto InsightsCrypto

A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker drain real assets.

Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million

Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million

3 weeks ago by Crypto InsightsCrypto

SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to $541 million as growth accelerated across… Read More

Citadel drops U.S. Portofino suit as it pursues founder in U.K. bankruptcy case

Citadel drops U.S. Portofino suit as it pursues founder in U.K. bankruptcy case

2 months ago by Crypto InsightsCrypto

Citadel told the New York court the decision to stop pursuing the case had nothing to do with the merits of its claims. Instead, it said it had already prevailed in a separate London arbitration against Portofino’s founders on employment-related claims including breach of contract,… Read More

Bitcoin drops to $62,000 as the chip selloff deepens for a second day

Bitcoin drops to $62,000 as the chip selloff deepens for a second day

2 months ago by Crypto InsightsCrypto

Micron, Marvell and On Semiconductor, each more than doubled in 2026, led the drop. The selloff pulled the S&P 500 down 1.4% and the Nasdaq 100 down 3.3%. An attempted rebound in Asian chip stocks failed to hold on Wednesday, with Taiwan Semiconductor down more… Read More

Bitcoin drops under $63,000 as Strategy adds $100 million BTC

Bitcoin drops under $63,000 as Strategy adds $100 million BTC

3 months ago by Crypto InsightsCrypto

Bitcoin (BTC) holder Strategy’s (MSTR) capital trap is getting tighter, according to Ilan Solot, senior global markets strategist, at Marex Solutions, a division of global financial services firm Marex. The company is sitting on a massive bitcoin hoard, accumulated through aggressive buying and stock dilution.… Read More

Hedera (HBAR) drops 1.9%, leading index lower

Hedera (HBAR) drops 1.9%, leading index lower

5 months ago by Crypto InsightsCrypto

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2007.93, down 0.2% (-3.4) since yesterday’s close. Six of 20 assets is trading higher. Leaders: AVAX (+0.6%) and BTC… Read More

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