Stablecoins shed $38B since May as yields plunge, projects collapse

An estimated $148.7 billion worth of stablecoins are still in circulation. According to the latest data from DefiLlama, the overall circulation of stablecoins has decreased by approximately $38 billio...

AMZN Stock Tanks 9%, Amazon Reports $3.8B Loss in Q1 2022, Cloud Business Up by 36.5%

Although Amazon showed a net operating loss during the first quarter, its cloud business showed strong growth providing some cushion to the company’s overall declining revenue. On Thursday, April 28, ...