Tech stocks had another terrible showing on Tuesday, but it wasn’t because of the release of new economic data or a bad earnings report. The dark day was largely the result of a single memo from Snap’...
Tag: Caused
South Korean Ruling Party Summons Exchanges For Damages Caused by LUNA Fall
32 mins ago | 2 mins read Exchange News It will be convened on May 24th by the Party Policy and Virtual Asset Committees. South Korean authorities are taking measures to freeze the assets of the LFG....
Tether’s CTO says the UST collapse was caused by poor design
The Chief Technology Officer at Tether and Bitfinex, Paulo Ardoino, has said that the Terra project is “poorly designed.” Ardoino also reiterated that the Terra network was not intended to be a rug pu...
Billionaire Mike Novogratz Speaks Out on Terra (LUNA) Collapse, Says This Is What Caused $40,000,000,000 Wipeout
Galaxy Digital CEO Mike Novogratz is breaking his silence more than a week after Terra (LUNA) collapsed wiping out billions of dollars. Novogratz says that the tightening of monetary policy by central...
What caused TerraUSD to “Break the Buck”
With weeks, months of bleeding in Satoshi streets and extreme fear of Inflation, a heavy load of sell-offs are rising negative market sentiments. The next big shocker is the stablecoins the world is e...
Has Involvement in Terra (LUNA) collapse caused Citadel Securities and Blackrock to push back?
Following the market pushbacks created by the shockwaves of Terra’s UST stablecoin depegging has made numerous implications afterwards Many blue chip institutions are busting the rumors that are revol...
UST to USDT: Here’s what caused largest 1-day dump in USDT’s addresses
The ongoing cryptocurrency crash has injected a chaotic sentiment within the investors. The steep decline saw $200 billion in value wiped out in a single day. Bitcoin alone fell to below $25,000 on th...
Solana experiences its seventh outage caused by NFT minting bots
The Solana blockchain underwent a seven-hour outage between Saturday and Sunday last week. The outage was caused by an influx of transactions triggered by non-fungible token (NFT) minting bots. This i...
Solana restarted after seven-hour outage caused by surge of transactions
Validator operators of Solana, a proof-of-stake blockchain, successfully completed a cluster restart at about 11 p.m. ET on Saturday following a roughly seven-hour outage when the network failed to re...
Exxon Executive Is ‘Crushed’ at Hurt Caused by Pride Flag Decision
(Bloomberg) — One of Exxon Mobil Corp.’s top executives said she’s “crushed” that the company’s decision to no longer display the rainbow flag on its official flagpole has upset some employees. ...
Here’s The New Adoption That Caused Dogecoin To Surge
Dogecoin price has been on the rise for the past day. While the meme coin is prone to rallies like this, there has been an obvious reason. Dogecoin had received a nod from finch company Bitcoin of Ame...
What caused the Rivian stock (RIVN) to shed 23% over the past month?
The Rivian stock has lost about 23% over the past month. The shares of the electric vehicle (EV) startup started the week in the same bearish trend after registering a 7% drop early Monday. However, t...
Russian Shelling On Chemical Plant Caused Ammonia Gas Leak, Sumy Governor Says
Topline An ammonia gas leak in the eastern Ukrainian city of Sumy was detected early on Monday as Russian forces continued to shell a chemical plant on the city’s outskirts, local authorities said, a ...
OpenSea Says Phishing Attack Likely Caused ‘Small Number’ of Users To Lose Access to NFTs
Top non-fungible token (NFT) marketplace OpenSea says a phishing attack is likely behind the exploit that left a small number of users unable to access their NFTs. Earlier this month, OpenSea announce...
Former Angels Employee Convicted of Distributing Drugs That Caused MLB Pitcher Tyler Skaggs’Death
Former Los Angeles Angels communications director Eric Kay walks outside Texas federal court during … [+] his trial on drug distribution and conspiracy charges connected to the overdose death of...
Kamila Valieva Argues Contamination With Grandfather’s Heart Drug Caused Failed Test, IOC Says
Topline Russian figure skater Kamila Valieva has claimed her positive drug test was caused by a mix-up with her grandfather’s heart medication, the latest development in the Games’ doping scandal ahea...
Havana Syndrome May Be Caused By Directed Energy, Intelligence Panel Finds
Topline Some of the mysterious set of symptoms known as “Havana syndrome” that has plagued hundreds of American diplomats stationed overseas may be caused by directed energy, according to the findings...
What has caused Fantom’s up and down?
Since the beginning of 2022, Bitcoin has fallen from $68,000 to $34,000, taking almost the entire crypto market down with it. One exception, however, is Fantom, which has continued growing its TVL and...
The ‘Black Friday’ Crypto Crash That Wiped Out $136B Was Caused By…
Although the market is yet to close, it is safe to say that January 21 did turn into the ‘Black Friday’ of the month. With the overall market losses running up to $137 billion in the last 24 hours, he...
Centralization Caused Most DeFi Hacks of 2021, $1.3B Loss to Users in 2021
The growth of the digital currency ecosystem comes with so many challenges chief of whom is security. Innovative sectors of the industry, particularly decentralized finance (DeFi) have borne more of t...