Nansen Report shows that UST lost its peg due to the work of multiple large entities

? Want to work with us? CryptoSlate is hiring for a handful of positions! TerraUSD (UST) losing its $1 peg and falling to $0.03 and the crash of Terra (LUNA) to $0.0001372 were two events that shook t...

Bitcoin is due for Notable Price Increase as Nasdaq Picks up Momentum

The previous intraweek session marked Bitcoin eighth week of consistent downtrends. Most traders and analysts are fearful of a greater decrease over the next seven days. However, there are several ind...

Tether plans to expand operations in Mexico due to high demand

Tether recently announced a plan to release a digital asset pegged to the Mexican Peso. The company stated that the move would be a big boost for the country because it would provide better access to ...

Snap stock falls 30% after Snapchat parent says it will miss estimates due to deteriorating economy

Snap Inc. stock fell more than 30% in the extended session Monday after the Snapchat parent said it likely will miss quarterly estimates as the economy has “deteriorated further and faster than antici...

Appeals Court Keeps Florida’s Social Media Censorship Law On Hold Due To 1st Amendment Concerns

Topline A Florida law prohibiting social media companies from “deplatforming” political candidates will remain blocked—even after a similar law in Texas was allowed to take effect—as a federal appeals...

Ripple’s XRP is unable to make progress; is it due to investors waiting for the SEC vs. Ripple lawsuit decision?

Seems like investors are keenly waiting for the SEC vs. Ripple lawsuit dispute before making any move toward the XRP. Lawsuits over any business or institution play a crucial role in integrity and pro...

Breast Milk Sharing Occurring Due To Baby Formula Shortage, Here Are The Risks

Breast milk from others who haven’t been properly screened can carry pathogens and substances that … [+] may be dangerous to your infant. (Photo by Tim Clayton/Corbis via Getty Images) Cor...

Apple Reportedly Aims To Ramp Up Production Outside China Due To Covid Restrictions

Topline Apple is working to increase production of its products outside China, according to the Wall Street Journal, in an attempt to reduce reliance on the nation, where strict Covid restrictions hav...

Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits – Coinotizia

Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last months. Draper believes th...

Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits – Bitcoin News

Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last months. Draper believes th...

Burn The Remaining Terra USD (UST) Vote Passed But Failed to Execute Due to Technical Issues

– Advertisement – Terra’s Proposal to Burn UST Failed to Execute Due to Technical Issues.   The team’s proposal to burn UST failed, as a new proposal is launched toward that effect.   Terr...

Bitcoin ‘death cross’ data hints 43% drop due in BTC price bear market

Bitcoin (BTC) may fall more than 40% from last week’s bottom, new data warns as one analyst confronts what he says is now a bear market. In a series of tweets on May 20, popular trader and analy...

Traders Shift From USDT To USDC Due To These Metrics! What Next ? – Coinpedia – Fintech & Cryptocurreny News Media

Last week as the Terra blockchain collapsed, the turbulence was felt by the whole cryptocurrency market as the major cryptocurrencies collapsed to its lowest level of 2022. In a week, more than $30 bi...

Ethereum’s Merge is Due in August, Barring Any Problems

The LUNA crash, the Terra disruption, and the ongoing market instability have all impacted the way people are thinking about blockchain. Despite market uncertainty, one thing is certain: Ethereum’s fu...

Chinese firms ‘told to stop work on Russian Arctic LNG 2 project’ due to EU sanctions

At least five Chinese companies will have to stop work on Russia’s Arctic LNG 2 project in northern Siberia by the end of this month, according to an industry publication, due to EU sanctions ag...

Stablegains in hot water after losing more than $40M due to Terra’s collapse

Yield app Stablegains faces allegations of misusing clients’ money — and possibly a lawsuit — after losing more than $42 million, which it had invested in UST via Anchor protocol without informing cli...

Broadcom Stock Slumps Ahead Of Quarterly Earnings Due

If you’re looking for stocks that are setting up in a base ahead of earnings, here’s one that fits the bill: Broadcom (AVGO). It’s expected to report on Jun. 2 and is trading about 1...

Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns – Regulation Bitcoin News

The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated ...

Nvidia Earnings Aren’t Due for a Week. Why This Analyst Is Already Worried.

Text size Nvidia has consistently beat estimates and raised its financial forecasts over the past two years. Courtesy Nvidia Nvidia might not substantially raise its financial forecasts or turn in hig...

Bath & Body Works shares tumble as retailer cuts profit outlook due

Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body Works shares fell in afte...

Coinbase to slow hiring and expansion due to market downturn

Coinbase announced today that it will slow its hiring process this year and reassess its headcount as it struggles with the market downturn. Emilie Choi, the president and COO of Coinbase, said that t...

Another Motion for Extension of Time Granted, SEC’s Reply on Emails Due May 18

According to James K. Filan, the court granted both parties’ motion for an extension of time involving the attorney’s fee related to Dr. Albert Metz’s Supplemental Report in a Text O...

McDonald’s to sell Russia business after pausing operations due to Ukraine war

McDonald’s said Monday that it will sell its business in Russia, a little more than two months after it paused operations in the country due to its invasion of Ukraine. “The humanitarian c...

Walmart Skids On Earnings Miss, Target Earnings Due| Investor’s Business Daily

Retail giant Walmart (WMT) delivered a mixed first-quarter earnings report early Tuesday. Target (TGT) plans to report Wednesday. Walmart stock reversed early gains into sharp losses. Target stock als...

Luna Foundation Guard Loses 80,000 Bitcoin Worth Over $3B due to UST Crash

The Luna Foundation Guard saw its Bitcoin reserves take a massive hit following the UST stablecoin’s price plunge. Following the crash of controversial stablecoin UST, the Luna Foundation Guard (LFG) ...

SEC Chair Gensler Responds To Terra Crash, More Regulation Due?

SEC Chair Gary Gensler on Monday said the crypto market needs more regulation to protect investors from projects like Terra. Gensler blames crypto trading and crypto wallet platforms for not disclosin...

Shipping Stocks: Danaos Earnings Beat, ZIM, Golden Ocean Earnings Due

Danaos (DAC), a lessor of container ships, reported first-quarter earnings after the close on Monday that beat expectations. But Danaos stock was down after hours following the report. The company rep...

Maker (MKR) Spikes by 61% due to Whale Activity Reaching All-Time High – crypto.news

Maker’s MKR has risen by over 61 percent, according to Santiment feed, as the overall crypto market dips further. Sentiment on Twitter reported that the significant hike could be attributed to a recen...

Top Hedge Fund Manager Who Warned Investors, Says Terra’s Project Was Destined to Fail Due To High Yield

– Advertisement – The hedge fund manager said Terra failed because the system was designed to enrich investors and the team. While many investors were shocked at the massive fall of Terraf...

Billionaire Novogratz Is At Loss Due To LUNA’s Freefall

Galaxy Investment Partners suffered a 12% decline at the beginning of Q2. Mike Novogratz called Bitcoin a “macro-bet”. Billionaire Mike Novogratz, one of the prime movers of LUNA, is now pulled into t...

Coinbase Junk Bonds Are Plummeting Due To Market Turmoil And Creditors Concerns

Coinbase CEO Brian Armstrong, on the other hand, tried to assuage anxieties by saying on Twitter that we have no chance of bankruptcy, but we introduced a new risk element based on an SEC rule called ...

Venus Protocol Loses $11M Due to Chainlink Suspension of LUNA Price Oracle

Decentralized finance (DeFi) protocol Venus has been added to the lengthening list of those affected by the collapse of the Terra ecosystem this week. The Venus Protocol has been hit hard by the colla...