May 24, 2022, 10:37AM EDT • 18 min read Quick Take The main distinction between the physical and the virtual worlds is that lands in the former are naturally scarce. The artificial scarcity imposed o...
Tag: Bad
Proof Collective holder loses 29 Moonbirds NFT after clicking bad link
A member of the Proof Collective has been scammed and lost 29 extremely valuable Ethereum-based Moonbirds NFT. Based on a tweet by Cirrus on Wednesday morning, the NFTs were stolen after the vic...
Hedge Funder Invokes Specter of Madoff as New Bad Assets Explode
(Bloomberg) — Wasim Rehman is a go-to person for investors desperate for an exit in the messy world of trading troubled, hard-to-sell assets — a sector that’s set to explode as sanctions against...
Avalanche Founder Says Terra Is as Bad as Mt. Gox
Alex Dovbnya Alavanche founder Emin Gün Sirer believes that the collapse of Terra is worse than the DAO hack During a recent interview with Forbes, Alavanche founder Emin Gün Sirer compared the severi...
Ukraine’s Guns Are In Range Of Izium. That’s Bad News For Russia.
Ukrainian howitzers are no farther from Izium than this circle. David Axe/Google Maps art Ukrainian gunners shelled a Russian air-defense system in eastern Ukraine probably sometime in the past couple...
Wall Street Warns Market Liquidity Is Getting as Bad as 2020
(Bloomberg) — Suspicious minds on Wall Street can be forgiven for seeing all the hallmarks of an illiquid bear-market trap in the Tuesday stock rebound. Most Read from Bloomberg In recent months...
Fantom’s Scream DeFi Protocol Incurs $35M Bad Debt as Two More Stablecoins Lose USD Peg – crypto.news
The Scream decentralized finance (DeFi) protocol has run into a $35 million dollar bad debt following its failure to adjust the price of the Fantom USD (fUSD) and Dei (DEI) stablecoins on its platform...
DeFi lender left with $35 million bad debt after quoting depegged stablecoins at $1
Scream, a DeFi lending protocol on Fantom, has incurred $35 million in bad debt after failing to adjust the price of two stablecoins that lost their US dollar peg. The two stablecoins in question are ...
FTX Sam Bankman-Fried Defends Terra’s Founder, Says ‘Most bad Investments Aren’t Ponzi Schemes’
FTX founder Sam Bankman-Fried has tweeted in defense of Terra ecosystem and its CEO and co-founder, Do Kwon. In response to a Coindesk article that described Do Kwon as the Elizabeth Holmes of crypto...
Crypto Billionaire Says Terra Wasn’t as Bad as Theranos
Alex Dovbnya Do Kwon’s failed stablecoin is not necessarily a Ponzi scheme, according to Sam Bankman-Fried In his recent Twitter thread, cryptocurrency billionaire Sam Bankman-Fried has opined that fa...
George Soros Backs Bet on Rivian as Ford Delivers Bad News
Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report got scared but the electric vehicle maker made up for it well. The young manufacturer of electric SUVs and pickups has just cleared s...
‘Starfield’ And ‘Redfall’ Delays Are Bad News But Is Xbox Doomed?
Bethesda’s premiere 2022 releases have been delayed. Credit: Bethesda No doubt, the fact that Bethesda’s two big Xbox and PC exclusives have been delayed into 2023 is bad news for Microsoft and ...
El Salvador’s Bitcoin Bet Is Down Bad: $37 Million in the Hole
El Salvador’s Bitcoin bet doesn’t appear to be paying off. The value of the 2,301 Bitcoin purchased by the Latin American country has now fallen by $37 million as the price of Bitcoin drop...
Apple Stock Has Broken Down. That’s Bad for the Market.
Text size Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Apple stock has broken below a key level. That’s an ominous sign for the broade...
A Harvard economist says the economy looks bad right now, but a recession isn’t a sure thing. It all depends on these 2 factors
These days, the economy seems to be on pins and needles. Stocks are crashing, investors are jittery, and voices continue to murmur that a recession is nearly upon us. Things look bad right now, but on...
Charles Hoskinson Says Cardano Is Built For Everyone, ADA Will Last As It’s Designed to Be Resilient in Bad Times
– Advertisement – Cardano CEO Charles Hoskinson Comments On Why the Current Market Atmosphere Is No Hindrance to Serious Investors. As the markets turn red, Cardano’s founder and CEO, Ch...
Down Bad! Institutional Bitcoin Holdings Drop by $12B Amid Bloodbath
Following a recent announcement of rate hikes by the US Fed and the ongoing bloodbath in the crypto market, the total amount of bitcoin held by large corporations has dropped by $12 billion. Instituti...
Palantir: built for bad times (but maybe not these bad times)
Asked to set a date for profits, Palantir has gone existential. Not only did executives at the data analytics company fail to answer the question during a first-quarter earnings call, but one began to...
Rivian starts the week with yet another bad news
Shares of Rivian Automotive Inc (NASDAQ: RIVN) opened nearly 20% down on Monday after a CNBC report said Ford Motor Company (NYSE: F) trimmed its stake in the EV start-up by 8 million shares. The stoc...
Ford Might Have Very Bad News for Rivian
The first quarter was very tough for Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report and its shareholders. The latter saw the value of their stake melt away as shares of the upstart...
Dr. Fauci Diagnoses China’s Bad Economic Habits
Dr. Anthony Fauci testifies before the Senate Health, Education, Labor, and Pensions Committee on July 20, 2021 on Capitol Hill in Washington, D.C. J. Scott Applewhite-Pool/Getty Images Dr. Anthony Fa...
Chevron, Merck Lead Five Stocks Standing Tall In A Bad Market
Your stocks to watch for the week include five companies still doing well as the broader market falls: Dow Jones giants Chevron (CVX) and along with Merck (MRK), along with defense contractor Northrop...
Binance’s Recovery of Stolen Crypto Illustrates That Digital Assets Aren’t a Promised Land for Bad Actors
HodlX Guest Post Submit Your Post A Fox Business article announced that Binance recovered a portion of the assets that were stolen from the recent Ronin hack. Just under $6 million of crypto was re...
JPMorgan CEO Jamie Dimon Expresses Doubts About Crypto But Believes That “Not All Of It Is Bad” ⋆ ZyCrypto
Advertisement     Jamie Dimon, CEO, and Chairman of JPMorgan Chase recently sat down with 3 News Now, in an interview where they talked about an array of things in the...
Tesla Has Some Bad News for Its Investors and Fans
Tesla’s (TSLA) – Get Tesla Inc Report investors and fans will have to wait — patiently or not. Many of them had May 2 marked on their calendars as the date on which the manufacture...
Is crypto now a ‘bad word’ and DeFi ‘even worse’
On the latest episode of his podcast, Anthony Pompliano engaged with Russell Star, Chairman and CEO of DeFi Technologies. During the same, they spoke about the current global economic landscape and ho...
Worried about your investments? Here’s how the smart money made 100% when market gloom was this bad.
The best news for investors that I’ve heard in a long time is that the M.B.A. geniuses who manage the world’s pension funds now hate the stock market with a vengeance. According to the latest comprehe...