Cardano (ADA) price is observing sideways just above the lower border of the Bollinger Bands indicator. Last night, traders saw a 25% drop in trading volume for the ADA token over the past 24 hours. C...
Tag: Failed
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...
Will Burning Excess LUNA tokens Really Impact the Price After it Failed Miserably with SHIB & ETH Price?
The Shiba INU platform to stabilize the SHIB price had earlier introduced a burn mechanism after Ethereum’s ETH 2.0 with EIP 1559 upgrade went operational. However, the burn mechanism does not appear ...
Seth Green Failed To Keep Sight Of $200K Bored Ape Yacht Club NFT
Seth Green, comedian and actor had 4 NFTs stolen. Overall, he got inflicted with a damage of about $308,000 worth of NFTs after linking his wallet to a fraudulent site. The news came as the celebrity ...
Mike Novogratz Speaks: Terra’s UST Was “A Big Idea That Failed”
After 10 long days, Mike Novogratz broke his silence on the Terra/ Luna situation. Considering that he was one of the protocol’s main proponents and even got a Luna tattoo, the community’s interest in...
LEO Price Analysis: LEO Bounced Back About 5% Today, But Failed to Sustain
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Terra faces litigation from South Korean investors over failed UST investment
After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to loca...
Bitcoin Has Failed as an Alternative Money, says Former Fed Chairman
Ben Bernanke – former chairman of the U.S. Federal Reserve – does not believe Bitcoin or other cryptocurrencies can succeed as an alternative money. He claims their prices are too volatile to serve as...
Luna Foundation Guard has now dumped $2.4 billion from its Bitcoin reserves in failed attempt to defend TerraUSD peg
Luna Foundation Guard, the second largest known holder of Bitcoin, liquidated almost its entire reserves last week worth billions in a failed attempt to defend the Terra UST stablecoin peg. Ever since...
Failed exit? Traders complain Crypto.com reversed profitable LUNA transactions
Cryptocurrency exchange Crypto.com has halted the trading of Terra (LUNA) tokens after it determined that user transactions were quoted at an “incorrect price,” prompting severe backlash from the comm...
Being Acquired After A Failed Attempt At Moving From Analog To Digital
Redbox kiosk inside a McDonalds. (Photo by George Frey/Getty Images) Getty Images After posting adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation & Amortization) of -$15 million in 20...
Terraform Labs CEO pseudonymously co-created failed stablecoin project Basis Cash, CoinDesk reports
CoinDesk reported Wednesday that Do Kwon, co-founder and chief executive of the development firm behind the Terra blockchain, was closely involved with an earlier stablecoin effort that failed to gain...
Terra founder reportedly has link to failed stablecoin, Basis Cash
A former Terra Labs employee has reportedly revealed that Terra co-founder Do Kwon was one of the creators of Basis Cash. This algorithmic stablecoin failed last year, a Coindesk report has revealed. ...
LUNA on Free Fall as Terra Co-founder Do Kwon Failed to Produce Recovery Plan
UST’s decline has prompted calls from the US government on the stablecoin regulation. Terra Network’s LUNA has dropped to under $5 following a 90% weekly plummet. The price action represents one of th...
Do Kwon Outed as Co-Founder of Previous Failed Stablecoin Project
Key Takeaways Terra founder Do Kwon has been revealed to be the identity behind “Rick Sanchez,” one of the anonymous co-founders of Basis Cash. Basis Cash was modeled on Basis (previously ...
Azuki NFTs briefly fell after founder revealed past failed projects
AZUKI is slowly losing its popularity after the emergence of the latest news from its fictional founder Zagabond. According to reports, Zagabond revealed he was directly linked with up to three failed...
Azuki floor price tanks after founder reveals link to 3 failed NFT projects in 2021
The founder of the Azuki non-fungible token (NFT) project, Zagabond, has revealed that he was behind three unsuccessful NFT projects before creating Azuki. In a blog post titled “A Builders Journey,”...
SEC Alleges Nvidia Failed to Report Mining Earnings, Issues $5.5M Fine
Nvidia Corporation will pay a $5.5M fine following a clampdown by the Securities and Exchange Commission regarding the company’s failure to disclose that its chips were used for mining purposes. Nvidi...
Why The Federal Reserve Rally Failed
Wednesday’s bullish news conference from Federal Reserve chief Jerome Powell sparked the biggest gains for the Dow Jones and S&P 500 since 2020, while the Nasdaq composite climbed out of bea...
First Pig-To-Human Heart Transplant May Have Failed Due To Pig Virus, Report Says
Topline A Maryland man who died of no clear cause two months after receiving the first ever transplant of a genetically modified pig heart may have been the victim of a pig virus linked to transplant ...
Ethereum users suffer over 10,000 failed transactions costing $4 million in fees on ‘Otherside’ mint
On April 30, Yuga Labs, the creators of Bored Ape Yacht Club (BAYC), launched their much anticipated “Otherside” metaverse land non-fungible tokens (NFT) mint on Ethereum. Even though the Yuga Labs t...
Hacker loses 2.5 ETH in failed hack 1
Near protocol escaped what would have been a massive hack after an hacker tried to breach the platform. The rampant nature of crypto hacks and scams has made life unbearable for most people as they ar...
Failed Attack on NEAR Protocol Rainbow Bridge Cost Attacker 2.5 ETH
The NEAR Protocol Rainbow Bridge was attacked on May 1. No funds have been stolen, and the attacker even lost some money, according to the CEO of Aurora Labs, Alex Shevchenko. Shevchenko added that ad...
Elon Musk failed to drag Bitcoin
SPONSORED POST* On April.25, Bitcoin (BTC) jumped as much as about 5.5% after the announcement that Twitter will be purchased by Tesla’s CEO, Elon Musk. Since 2021, Musk has become something of a cryp...
The Green Bay Packers Failed Miserably On Day One Of The NFL Draft
Green Bay Packers general manager Brian Gutekunst added two defensive players, but no wide receivers … [+] on Thursday. ASSOCIATED PRESS Boom. Bang. Thump. Whack. The blows began with the eighth...
4 Reasons Seattle Sounders Can Achieve Concacaf Glory Where Other MLS Teams Failed
Fredy Montero, right, Cristian Roldan and the rest of the Seattle Sounders will face Pumas UNAM in … [+] the Concacaf Champions League Final two-game series. Leg 1 is Wednesday night in Mexico C...
The results are in and the Super Bowl crypto campaign failed to deliver
Crypto firms failed to draw in a rush of new retail investors from their Super Bowl advertising campaign. It was the first time crypto firms ran ads during the biggest sporting event on U.S. televisio...
Indicator That’s Almost ‘Never Failed’ Could Signal Next Bitcoin (BTC) Bottom, Says Top Crypto Analyst
A popular crypto analyst says that he’s closely following one indicator that has consistently marked the bottom for Bitcoin (BTC) since 2017. In a new video, crypto strategist Kevin Svenson tells his...
Currency.com reveals ‘failed’ Russian cyberattack after leaving Russia last week
Currency.com has revealed that the cryptocurrency trading platform was the target of a large hacking effort after the suspension of its activities in Russia last week. It was announced on April 17 tha...
Currency.com Confirms ‘Failed’ Russian Cyberattack Attempt
Currency.com confirmed that the crypto trading platform suffered a massive cyberattack attempt after it suspended its operations in Russia last week. The platform suffered a failed distributed “denial...
Sale of Jack Dorsey’s NFT, auction failed
The auction for the resale of Jack Dorsey’s NFT has failed dramatically. The highest bid price was 99.5% lower than the purchase price. Sale of the NFT of Jack Dorsey’s first tweet fails Jack Dorsey’s...