Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureIt’s the same old story. Someone strikes gold in crypto, then loses it all in a flash.
This time,…
SOL Strategies, a Canadian public company focused on Solana infrastructure, reported a net loss in the second quarter even as revenue from staking and validating surged.The company, which trades on…
The high-profile crypto trader known for his audacious bets, James Wynn, has suffered a staggering loss of $17.5 million in the recent market uncertainty. The pseudonymous trader captivated the crypto community…
Britons lost £1.17 billion (around $1.6 billion) to financial frauds and scams in 2024, an amount that remained unchanged from the previous year, according to the latest data from industry…
In brief
A California investor accused Strategy and its executives of making false and misleading statements about the profitability of its Bitcoin treasury strategy.
Citing a drop in the value of its…
Key Points:Sky Inc. reports a $5 million loss in Q1 amid higher interest.The loss contrasts with last quarter’s $31 million profit.Sky increased incentives to boost new stablecoin, USDS, adoption.
Sky Inc.…
In brief
Galaxy Digital Holdings reported a net loss of $295 million and losses per share of $0.86.
The company’s weak financial report came amid a lull in the cryptocurrency market during…
DeFi savings protocol Sky posted a first-quarter loss of $5 million after interest payments to token holders more than doubled, according to a report created by Sky contributors from Steakhouse…
Key Points:Sky Protocol’s $5 million loss stems from increased interest payments and new USDS strategy.Significant change from previous $31 million profit last quarter.USDS supply increase contrasts with decreased DAI supply.
Sky…
Britannia
Global Markets, a UK-based brokerage firm providing custody and execution
services for professional and institutional clients, reported a loss of £1.14
million for the year ended December 31, 2024, according to its…