Rival crypto lenders moved quickly to distance themselves from staked ether (stETH) on Monday after Celsius Network paused all client withdrawals to stabilize its liquidity position. Staked ether is ...
Tag: Woes
Stablecoin Woes Return To Haunt Crypto As USDD Stumbles, Founder Moves To Assuage Fears
Could another algorithmic stablecoin be running into choppy waters? And was the Terra debacle just the tip of the iceberg? That is the question on the mind of market watchers as Tron’s newly launched ...
U.S. dollar and Russian ruble trading at all-time highs as FX markets unmoved by inflation woes
As the broader financial markets worry about inflation and possible additional tightening, the U.S. dollar reached its highest level since November 2002. More specifically, the trade-weighted U.S. dol...
Stocks, Bonds Set for Volatility on Inflation Woes: Markets Wrap
(Bloomberg) — Stocks and bonds are at risk of more losses when markets open in Asia on Monday following a shock US inflation print that heaped pressure on the Federal Reserve to intensify moneta...
Winklevoss Bros’ Gemini Trims 10% Of Workforce Amid Bear Market Woes ⋆ ZyCrypto
Advertisement     Gemini, the crypto exchange led by billionaire twins Cameron and Tyler Winklevoss, will be laying off a considerable chunk of its staff, owing to the...
A Friend In Need Is A Friend In Debt? Sino-Russian Energy Woes
Russian President Vladimir Putin, left, and Chinese President Xi Jinping, right, attend the Tsinghua … [+] Universitys ceremony, at Friendship Palace on April 26, 2019 in Beijing, China. (Photo ...
Stocks Seen Steady Amid Inflation Woes; Oil Jumps: Markets Wrap
(Bloomberg) — Stocks in Asia are poised to open steady Tuesday as investors remain cautious about whether central banks can raise interest rates to rein in inflation without derailing growth. Oi...
What retail woes signal about the market’s fight against inflation
Jay Laprete | Bloomberg | Getty Images Retailers are missing and missing big. It started last week with the Walmart and Target results which showed big inventory builds and the need for markdowns, and...
Tether’s market price slips below dollar parity amid ongoing stablecoin woes
Tether (USDT), the largest stablecoin, slipped below $0.96 early Thursday in a further sign of stress in the crypto market. The token dropped to a 24-hour low of $0.956 on FTX as of 3:15 a.m. ET. On ...
Anchor Protocol’s ANC token dives 65% as Terra woes deepen
Anchor Protocol (ANC) is down by 65% in the past 24 hours, falling sharply in intraday selling as crypto bleeding hit tokens in the Terra ecosystem hard. The ANC token, which traded at highs of $0.85 ...
UST Stablecoin Falls To $0.30 Overnight as Terra’s Market Woes Continue
The Terra network’s native algorithmic stablecoin TerraUSD (UST) has plummeted more than 45% over the past 24 hours. On Wednesday morning it plunged as low as $0.2998, according to data from CoinMark...
UST Woes Threaten The Trust Of Algorithmic Stablecoins ⋆ ZyCrypto
Advertisement     Terra’s UST, since its launch, has been the center of much attention as the crypto world remains divided on the feasibility of the initiative. With r...
Dollar Strength Bucks Inflation Woes
Years ago, high U.S. inflation meant a weak dollar. So far, it is different this time, and many on Wall Street are betting it will stay that way. The dollar is reaching multidecade highs against its t...
U.S. Trade Soaring Because Of, Not Despite, Covid Lockdowns, Supply Chain Woes
U.S. Census Bureau data released Wednesday showed U.S. trade up more than 20% over the first quarter … [+] of 2021. (All totals in $U.S. trillions.) ustradenumbers.com U.S. trade increased a run...
Retailers Scramble to Adapt As Inflation; Supply Chain Woes Persist
Retailers Scramble to Adapt as Inflation; Supply Chain Woes Persist getty The rules of retailing are being rewritten as hope fades that inflation will subside any time soon, or that supply chain disru...
Crypto sector continues hiring lawyers to help with regulatory woes
The crypto industry is actively recruiting more talent as it inches closer to becoming an acceptable asset class in mainstream finance. Although the sector is searching for talented individuals in dif...
Pinduoduo, Alibaba Lead Chinese ADR Decline Amid Lockdown Woes
(Bloomberg) — U.S.-listed Chinese stocks look set to open in the red on Monday as expanded Covid lockdown measures in major cities sparked concerns over the country’s economic growth outlook. Mo...
Tesla earnings: Stock jumps after record profit, sales despite supply-chain woes
Tesla Inc. late Wednesday reported another record quarter of sales and profit, blowing past Wall Street estimates even though it said its factories continue to run below capacity due to supply-chain p...
Tesla Quarterly Profit Soars To $3.3 Billion As Supply Chain, Covid Woes Cloud Outlook
Tesla CEOElon Musk speaks at the opening of the electric carmaker’s Giga Texas plant on April 7, 2022 in Austin. AFP via Getty Images Tesla Inc., the world’s leading producer of electric vehicle...
The Merge Won’t Solve Ethereum’s Scaling Woes by Itself
In the meantime, the focus has shifted away from the Ethereum network itself to layer 2 systems like “rollups,” which scale the Ethereum network off-chain while borrowing its essential security guaran...
Waves Founder Blames Short Sellers for Its Woes. Here’s Why That’s a Red Flag
According to Jeff Dorman at crypto asset management firm Arca, the chaos may have already increased short pressure rather than easing it. Institutions and hedge funds uninterested in holding WAVES on ...
Ohio State’s Chris Olave Could Help Solve The Green Bay Packers’ Wide Receiver Woes
Chris Olave had a school-record 35 receiving touchdowns during his four years at Ohio State. Getty Images Note: The NFL Draft begins April 28 and the Green Bay Packers have the 22nd and 28th pick in t...
Supply Chain Woes, Inflation Crimp U.S. Producers’ Growth Potential
A pulling unit or workover rig providing maintenance on an oil well in the canyon country of Utah.. … [+] (Photo by: Jon G. Fuller / VWPics/Universal Images Group via Getty Images) VW Pics/Unive...
Bitcoin Volatility, Biden’s Executive Order, and Russia-Ukraine Woes: This Week’s Crypto Recap
The cryptocurrency market went through some massive volatility throughout the past week. This was largely induced by President Joe Biden’s executive order on digital assets, US inflation numbers comin...
AMC debuts The Batman as pandemic woes cool. Should you buy the stock?
The Batman (2022) was released exclusively through theaters on March 4th. The debut was just in time for AMC Entertainment Holdings, Inc. (NYSE:AMC), which announced its Q4 and annual results on March...
New Cardano DEX Hopes to Overcome Chain’s Scaling Woes
Key Takeaways AdaSwap has raised $2.6 million to build the first functioning decentralized exchange on Cardano. To circumvent the scalability issues related to Cardano’s EUTXO-based design, AdaS...
Alibaba Faces Volatile Reaction to Earnings as Woes Mount
(Bloomberg) — Alibaba Group Holding Ltd. faces a wild ride over the next few days, with options pricing pointing to huge swings in the stock as investors brace for a drop in earnings and further...
OpenSea’s Woes Getting Worse With Impending $1M Lawsuit
The NFT marketplace has been named in a $1 million lawsuit filed by an individual who allegedly lost his Bored Ape Yacht Club NFT due to a bug in the code. OpenSea In Hot Waters With Lawsuit Texas res...
Coinbase stock falls 5% pre-Wall Street as Bitcoin price dip adds to Super Bowl woes
United States cryptocurrency exchange Coinbase (COIN) has seen its shares dive 5% pre-trading after a calamitous advertising debut at the Super Bowl 2022. Data from Cointelegraph Markets Pro and Tradi...