Tags: Loss

AMD Anticipates $800M Loss from New US AI Chip License Regulations

AMD Anticipates $800M Loss from New US AI Chip License Regulations

supportApr 16, 2025

AMD’s announcement regarding U.S. government export controls on AI chips to China has raised alarms about its financial impact. The company disclosed that failure to…

Bybit Exchange Hacked: $1.4 Billion Loss Shakes Crypto Market

Bybit Exchange Hacked: $1.4 Billion Loss Shakes Crypto Market

supportFeb 21, 2025

Bybit, a cryptocurrency exchange, reported a major security breach on Friday, leading to the theft of approximately 401,346 Ethereum (ETH), valued at around $1.4 billion.…