Two lesser-known coins, TerraUSD and its sister currency Luna, collapsed, reminding some of the 2008 financial crash.View Entire Post › ... ( read original story ...)
Crypto’s Wild Week Offers a Much-Needed Warning
The Editors are members of the Bloomberg Opinion editorial board. + Get alerts for The Editors It's been a wild week in the world of crypto. Hundreds of billions of dollars in ephemeral wealth ... ( read original story ...)
Crypto’s Richest Lost Nearly $60 Billion In Recent Weeks In Massive Crypto Collapse
Fortunes rise and fall in the volatile world of cryptocurrency, but over the last few weeks, they’ve only moved in one direction—down. ( read original story ...)
Matt Damon slammed for crypto commercial amid market meltdown
The Cambridge native is facing backlash after his high-profile endorsement of cryptocurrency in recent months. ( read original story ...)
Crypto Joins the Abortion Conversation
Activists and nonprofits are considering digital currencies as a way to raise funds. But can they really do anything other payment methods can’t? ( read original story ...)
Another week of job slashes and crypto crashes
Hi friends! Welcome back to Week In Review, the newsletter where we wrap up many of the top stories to cross TechCrunch’s front page over the last seven days. The big thing this week — at least based ... ( read original story ...)
The crypto shake-out shows boring is back
When Coinbase first listed on public stock markets last year, it was quite the moment for the crypto exchange itself and for the digital assets industry more broadly — the moment crypto was allowed ... ( read original story ...)
Terra’s $45 Billion Face Plant Creates a Crowd of Crypto Losers
This week’s undoing of the TerraUSD algorithmic stablecoin and its sister token Luna has ramifications for all of crypto. First, there’s the immediate impact: The rapid collapse of a once-popular pair ... ( read original story ...)
Major sell-off sends crypto values plummeting
The high-risk world of cryptocurrency is recently showing little reward for investors after losing about $200 billion in value in just 24 hours. Manuel Bojorquez takes a look. ( read original story ...)
The Fabulous, Fake Life of an Accused Crypto Scammer
In promotional materials for his business, he claims to have spent a period of his life homeless “in freezing weather.” Records show he filed for bankruptcy as recently as 2008. But all that changed ... ( read original story ...)
Crypto winter for the summer? How a bitcoin market ‘in extreme fear’ compares with the past, and what to expect next
More than $400 billion has been wiped out from the crypto market during the past seven days, according to CoinGecko. All sectors within the crypto space have seen double-digit losses during this ... ( read original story ...)
Phishing attack pop-up targets MetaMask users visiting popular crypto sites
As if this week weren’t bad enough for many cryptocurrency owners, with stablecoins crashing and Coinbase suffering an outage at a particularly bad time, now they’ve reportedly been targeted by a new ... ( read original story ...)
Argentina Was at the Cusp of a Crypto Boom. The Central Bank Had Other Plans
The local monetary authority surprised banks by banning them from offering crypto, but so far it's left local exchanges alone. ( read original story ...)
Bitcoin rebounds to $30,000, LUNA crashes to $0 and Elon Musk pauses Twitter deal: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ... ( read original story ...)
Japan plans $155bn decarbonization fund for grid, factory investments
The Japanese government plans to create a 20 trillion yen ($155 billion) fund to promote investment in new power grid technology, energy-saving homes and other technology meant to shrink the country's ... ( read original story ...)
Bitcoin tumbles, a stablecoin plunges in wild week in crypto
Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value. Here's a look at some major developments in ... ( read original story ...)