Finance News – Losses
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The Block • May 15, 2025
Sonic Labs secures court order to liquidate Multichain Foundation to recoup losses from $210 million...
Sonic Labs obtained a legal ruling to dissolve Multichain Foundation in order to recover a substantial portion of the funds lost during the 2023 security breach totaling $210 milli...
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The Block • Apr 30, 2025
Crypto industry losses reach $92 million in April due to DeFi exploits: Immunefi
In April, the crypto sector experienced losses totaling $92 million from DeFi exploits, contributing to a year-to-date total of $1.74 billion, heavily influenced by a significant i...
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