BitMine nears $7B in unrealized losses as Ether downturn pressures treasury firms
Ether treasury firms are pressured by the crypto market downturn, as Trend Research was forced to sell $77 million in Ether at a loss, while others are holding through paper losses.
Nomura temporarily reduces crypto exposure as Q3 profits drop
Nomura's CFO, Hiroyuki Moriuchi, reportedly reaffirmed the company's long-term commitment to digital assets but said it had to manage short-term risks.
Crypto thieves, scammers plunder $370M in January: CertiK
The amount of crypto stolen in January is also a 214% increase from the month before, with a majority of the value lost due to a single phishing incident.
The latest crash came after US President Donald Trump nominated Kevin Warsh to replace Federal Reserve chair Jerome Powell, sending Bitcoin down to $75,892 late on Sunday.