Latest Market News
Do Kwon, the humbled co-founder of Terraform Labs, has shared a rescue plan for the de-pegged stablecoin UST. 4541 Total views 4 Total shares Do Kwon, CEO of Terraform Labs, will not admit defeat. After an 18-hour wait in which his coins Terra (LUNA) and TerraUSD (UST) endured a face-ripping freefall, Do Kwon has announced […]
Perrigo PLC shares PRGO, +0.37% slid 4% in premarket trade Wednesday, after the personal self-care product maker swung to a loss for the first quarter and fell short of estimates. The Dublin-based Perrigo posted a net loss of $2.4 million, or 2 cents a share, after income of $38.1 million, or 28 cents a share, […]
The new ecosystem fund will be used to support the 7,500 developers on Flow to build new gaming, infrastructure, DeFi and content creator products on the NFT blockchain. 1225 Total views 27 Total shares The Flow ecosystem is set to get a boost in support from a new $725 million fund that will be used […]
China’s level of COVID immunity is not strong enough to fight an uncontrolled omicron epidemic, which could cause a “tsunami” of 1.55 million deaths if allowed to spread unchecked. That’s according to a peer-reviewed report from Shanghai’s Fudan University that published in the journal Nature on Tuesday. It comes as China faces criticism and anger […]
Crypto derivatives trading platform dYdX has officially launched an app via Apple’s iOS store, joining just a select number of fellow decentralized finance (DeFi) protocols that have built apps for smartphone adoption. According to a May 10 announcement, dYdX’s app is now ready for use, with the project noting that more than 200,000 people had […]
Stocks finished a volatile session mixed on Tuesday, with the Dow adding to weekly losses ahead of a key reading on inflation due Wednesday. The blue-chip Dow Jones Industrial Average DJIA, -0.26% shed about 85 points, or 0.3%, to end near 32,160, despite climbing as high as 32,752.17 earlier in the session. The loss came […]