On the 8th of March 2022, prices of nickel futures spiked over 111% and were higher by over 250% in two trading sessions reaching historic highs of over $100,000 per metric ton on the London Metal Exc...
Tag: Debacle
Elliott Management sues LME for $456M over nickel trading debacle
Hedge fund firm Elliott Management has sued the London Metal Exchange (LME) for $456 million over claims related to nickel trading. The company has filed its case against the exchange in a British cou...
Japan Passes Landmark Law Around Stablecoins to Protect Investors After Terra Debacle
Even before any other country could come out with legislation to regulate stablecoins, Japan became the first significant economy to pass such a bill for investor protection. Bloomberg reported on Fri...
Japan passes a stablecoin bill focusing on investor protection following UST debacle
? Want to work with us? CryptoSlate is hiring for a handful of positions! Japan has become one of the first major economies to spearhead stablecoin regulation after its parliament passed a bill to rei...
Terra Debacle Diminishes Risk Appetite By Crypto Investors Across All Industry Verticals
The cryptocurrency and blockchain industry continues to find itself in an interesting position. Although the overall sentiment is far from optimal, there are always exciting takeaways to consider. The...
UK Treasury Plans To Go Ahead With Legalizing Stablecoins Despite TerraUSD Debacle ⋆ ZyCrypto
Advertisement     In April, the UK had revealed plans to become a crypto hub and legalize stablecoin payments. Following last week’s events, many had thought that Her ...
Cosmos price rebounds 45% in one week despite Terra’s debacle — What’s next for ATOM?
Cosmos (ATOM) emerges as the biggest gainer among the top cryptocurrencies this May 20, brushing aside the fears about its association with Terra (LUNA), an algorithmic stablecoin project whose market...
Another Theranos? Do Kwon Stares At Multiple Lawsuits As Investors Sense Fraud In Terra’s Debacle ⋆ ZyCrypto
Advertisement     Last week, a columnist described Terraform Labs’ co-founder Do Kwon as “the Elizabeth Holmes of Crypto.” Elizabeth Holmes is a former CEO of the now-...
Cryptocurrency Investors Can Expect Stricter Rules From Regulators After Terra’s Debacle ⋆ ZyCrypto
Advertisement     Financial watchdogs are on high alert following the meltdown from Terra’s blockchain. Regulators have pledged stricter rules for stablecoins in the c...
Depegging debacle: Is DEI, hybrid algorithmic stablecoin, following UST’s footsteps
Following the decimation of Terra’s UST and a temporal depegging of Tether’s USDT, Deus Finance (DEI) is the latest to suffer the same fate. The meltdown of the stablecoins Currently valued at over $...
Solana [SOL] is holding above $50 after the Terra debacle, but this could happen next
It’s been a rough couple of weeks for the Solana [SOL] token that has been dealing with some new crypto assets as market cap neighbors after Terra [LUNA] and TerraUSD [UST] crashed down the rankings. ...
Crypto Weekly Roundup: Terra’s Debacle, Market Crash, SBF’s Robinhood Acquisition, Azuki Founder’s Shady Past, Germany’s Crypto Tax, And More
The crypto space has had a difficult week, with the UST crumbling and LUNA’s value dropping to zero, resulting in possibly the worst week the crypto space has endured since the March 2020 crash, drawi...
What happened? Terra debacle exposes flaws plaguing the crypto industry
The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in...
After Terra(LUNA) Debacle, Investors and Traders to Twirl Towards Bitcoin & Ethereum – Coinpedia – Fintech & Cryptocurreny News Media
The most primitive crypto Bitcoin is yet again standing strong quashing all the FUD’s created on its way towards superiority. The asset withstood multiple external FUD’s like ban, regulation, stock ma...
Sixers Must Rethink DeAndre Jordan Plan Against Miami Heat After Game 1 Debacle
INDIANAPOLIS, INDIANA – APRIL 05: DeAndre Jordan #9 of the Philadelphia 76ers jogs across the court … [+] in the second quarter against the Indiana Pacers at Gainbridge Fieldhouse on April...
Four Stocks To Buy In The Teeth Of The Small-Stock Debacle
MarineMax boat (Photo by Aaron Davidson) Getty Images for Miracles in Miami The small-stock slaughter continues. In the 12 months through April 14, small stocks fell almost 10%, while large stocks ros...
ICHI token price collapses by 99% in latest DeFi debacle
On April 11, the price of DeFi protocol Ichi’s native token suddenly collapsed, losing most of its value. The token, which was worth $143 prior to the crash, has now dropped to as low as $1.70 —...
Another Green Bond Debacle
CALIFORNIA POLLUTION CONTROL FIN AUTH CALPLANT I PROJECT This huge $228 million 7% to 8% green bond issue was for the construction of a composite panel manufacturing plant located in the rice producin...
Bitcoin’s Drop Below $33K, FOMC Meeting and Russia’s Crypto Ban Debacle: This Week’s Recap
To say that the last seven days were rough on the cryptocurrency market would be a wild understatement. A lot happened, and the volatility jumped through the roof, so let’s start with Bitcoin. BTC’s p...