? Want to work with us? CryptoSlate is hiring for a handful of positions! Tether (USDT) co-founder Reeve Collins believes the collapse of TerraUSD (UST) — since renamed TerraClassicUSD (USTC) — might ...
Tag: Disaster
Delphi: LUNA/UST Disaster ‘Most Catastrophic Event’ in Crypto Since Mt. Gox
Delphi has delivered its verdict on the de-pegging of Terra’s UST and its conclusions are damning, comparing the ecosystem’s nose dive to the 2013 collapse of the notorious Mt. Gox exchange. Delphi ha...
“Rich Dad” R. Kiyosaki stresses save Bitcoin, gold, and guns as a global disaster is unfolding
In the midst of a tumultuous market in which many industry experts and investors are uncertain where to make an investment, one prominent investor is encouraging people to store Bitcoin, in addition t...
Ralf Rangnick Has Been A Disaster At Manchester United
MANCHESTER, ENGLAND – JANUARY 10: Interim Manager Ralf Rangnick of Manchester United walks off after … [+] the Emirates FA Cup Third Round match between Manchester United and Aston Villa a...
Crypto Disaster: Ethereum Co-Founder Vitalik Buterin Claims He’s Not A Billionaire Anymore
The recent crypto market crisis has not only hurt investors, but also notable entrepreneurs, erasing billions of dollars from their fortunes. Vitalik Buterin, co-founder of Ethereum, is one example. I...
What now for stablecoins following the Terra UST disaster?
It’s been over a week since Terra UST de-pegged, triggering a massive market drawdown. UST’s market cap plummeted from $18.7 billion to $1.15 billion at writing. Similarly, the Terra LUNA ...
Bank of America clients’ cash rises to the highest levels since 9/11 disaster
Concerns around equity markets and their near-term performance have investors transferring assets into cash. A Bank of America (NYSE: BAC) survey published on Bloomberg, shows investors moving into ca...
Tether stablecoin crash to follow Terra’s disaster? This is what we know.
The cryptocurrency market received yet another blow as there are rumors that a Tether stablecoin crash might happen. After TerraUSD UST collapsed, many investors started to question cryptocurrencies i...
Terra disaster fuels Congressional work on stablecoin legislation
As Terra and Luna spiral, lawmakers are finding themselves pulled into the crypto orbit. Stablecoins have been a priority for US lawmakers since November. Following TerraUSD’s collapse this week, Cong...
After the UST/LUNA Disaster, RACA Records a Rise of 33%, Surpassing Bitcoin, Ethereum, and All Other Top 10 Cryptocurrencies » NullTX
After the disaster of the stablecoin UST from Terra (LUNA), which, upon losing its peg with the U.S. dollar, threw the entire cryptocurrency market into a downward spiral, the RACA cryptocurrency reac...
Tether’s USDT Stablecoin Loses Peg Amid UST Disaster
Key Takeaways Tether’s USDT has lost its peg to the dollar. USDT briefly traded as low as $0.95 before recovering to $0.99. Several other stablecoins are trading above their $1 target, while UST...
Billionaire Paul Tudor Jones Warns of Economic Disaster, Says Hard Not To Be Crypto Bull Currently
Hedge fund billionaire Paul Tudor Jones is warning of a steep financial test in advance of the Federal Reserve’s upcoming rate hike meeting on Wednesday. In a new interview with CNBC, Jones says the U...
Algorithmic Stablecoins Critics Believe New Breed Of Crypto Assets Are Going To Be A Disaster
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Critics say algorithmic stablecoins are ‘disaster waiting to happen’
The recent increase in the popularity of the so-called “algorithmic stablecoins” has caused an uproar within the crypto community, resulting in serious debates around their utility for the crypto mark...
Financial Experts Fear “Disaster in Financial Markets” Could Slump Bitcoin Price Further
– Advertisement – Bitcoin slumps below $40,000 again. The cryptocurrency market was dealt a major blow in the early hours of today after prices of all digital currencies slumped. Aside ...
Liverpool Football Club’s foray into NFTs branded a disaster
Premier League football club Liverpool is reeling after its six-day Sotheby’s auction ended on Monday, having sold just 9,721 out of an available 171,072 NFTs. The LFC Heroes Club Collection is descri...
China Pins Future Hopes on Web3. But Will It Be a Centralized Disaster?
The adoption of Web3 is critical to the future success of China, says the country’s former head of digital currency. Yao Qian recently published an article talking about the significance of forward-lo...
MLB dodged a disaster by agreeing to end the lockout, but other risks remain
The empty Salt River Fields where Spring Training would be taking place at Talking Stick in Phoenix, AZ. Patrick Breen | USA TODAY Sports Major League Baseball Commissioner Rob Manfred flashed a massi...
Fear of nuclear disaster in Europe sheds the crypto market
Crypto market has witnessed several significant scenarios in which the prices of the digital assets have either spiked or lost momentum. Although the prices were booming over the past year, since the ...
Crypto prices fall amid fears of Nuclear disaster in Europe
Europe is waking up to the news that there has been an attack involving nuclear materials in Ukraine. Europe’s largest nuclear power plant, Zaporizhzhia, was shelled by Russian forces, with reports su...
DCash Shows Why Fedcoin Could Be A Disaster
The United States is seriously planning to issue FedCoin, a CBDC (Central Bank Digital Currency), following the lead of the Chinese government and others around the world. I have previously spelled ou...
Billionaire Investor With ‘Very Big’ Bitcoin Position Says BTC Is Insurance Policy Against Economic Disaster
Renowned investor Bill Miller says that as Bitcoin (BTC) adoption spreads so will its functional roles as a store of value. Miller tells CNBC in a new interview that people will choose to ascribe valu...
Cutting Russia’s Oil Flow To Europe Would Be A Disaster
The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe. While most of the talk and headlines focus on a potential disruption of...
How This Ethereum Scaling Solution Fixed Bug Before Disaster
In earlier February, the team behind Ethereum layer 2 scaling solution Optimism received word on a critical bug that could allow a bad actor to “create ETH” on the network. The bug was part of the sol...
US senator seeks to rub bill provision thats a potential disaster for crypto
Crypto has garnered the attention of every government globally. Some of the governments are embracing these assets, but some are finding ways to outright ban them as they cannot control the industry. ...
U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster
North Carolina Representative Ted Budd submitted an amendment to the omnibus America COMPETES Act of 2022, specifically targeting the provision that would allow the Treasury Department to impose “spec...
New SEC Proposal Could Be a Disaster for DeFi Exchanges
Key Takeaways A New SEC proposal looking to expand the definition of a securities exchange could threaten DeFi. The proposal aims to broaden the definition of an exchange to any system allowing buyers...
This Popular Bond Fund Is A Retirement Disaster
Retirement disaster getty “Daddy. Can you come play with me in the playroom?” my four-year-old asked. “Sure. I’ll be right in,” I said. “Once I get done unloading the dishwasher. Would you like to hel...
How Polygon Averted An Industry-wide Disaster
Polygon, a Layer 2 scaling network based on Ethereum, has kept its silence for almost a month about a critical vulnerability that almost destabilized its ecosystem, with roughly $24 billion worth of M...
Two People Missing After Marshall Fire As Biden Issues Major Disaster Declaration For Colorado
Topline President Joe Biden approved a major disaster declaration for Colorado on Saturday in response to the devastating Marshall fire that wreaked havoc in Boulder County, destroying hundreds of hom...