Crash b 2022

Ethereum’s co-founder Gavin Wood said crypto investors need to be more aware of what is backing their holdings after a market rout that wiped more than $800 billion off their value. “I would hope that people pay more attention to what is belying the currency name when they get involved in a community, ecosystem, economy,” Wood told Reuters on the sidelines of the World Economic Forum in the Swiss Alpine resort of Davos. Crypto and blockchain firms have been highly visible at this year’s gathering of business and political leaders, despite the market plummeting in value in the weeks leading up to the event, with the eighth-largest coin Luna becoming virtually worthless. Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo British computer scientist Wood was attending for the first time to talk about a new partnership … [Read more...] about Ethereum co-founder warns of crypto crash – ‘Pay more attention’

A horrifying rampage of gun violence happened two days before the Robb elementary school’s summer break. On Tuesday, at approximately 11:32 am, one of the deadliest school shootings took place in this school in Uvalde, Texas. Salvador Ramos, 18 years old, is the lone shooter who took the lives of several children and adults. Although, the police officials also shot and killed the gunman. According to Sgt. Erick Estrada of the Texas Department of Public Safety, Ramos arrived at the Robb Elementary school wearing body armor. He was also armed with a long rifle. The elementary school holds classes for the second up to fourth grades. They have a total of 535 students. Sgt. Erick Estrada added, “The updated numbers that they gave me, they told me 19 students, two adults, and then we also have the shooter that was deceased.” He told the CNN reporters. Gustavo Garcia-Siller, Archbishop of the Archdiocese of San Antonio, comforts people as they react outside the Ssgt Willie de Leon … [Read more...] about The latest on the tragic Texas school shooting that left 19 children, 2 adults dead

KL Rahul and Rohit Sharma. Mumbai Indians would be aiming to address their batting woes to achieve consistency while Punjab Kings would be desperate to arrest their overall slide when the two sides clash in an IPL match here on Friday. The Rohit Sharma-led Mumbai crashed to defeat against Delhi Capitals following an inept batting performance and will look for redemption. The skipper shone with the bat, but others could not get going and the misfiring middle-order would be a major concern for the side. The MI bowlers have more often than not risen to the occasion and won matches for the team. However, they couldn''t do so against Delhi and would like the batters to put up bigger scores for them to do the job. Rohit looked in good touch against Delhi. However, Suryakumar Yadav and Ishan Kishan, stars of the team''s victorious 2020 campaign, have not been able to make match-winning contributions and that has hurt MI along with middling performances from Kieron Pollard and … [Read more...] about IPL 2021 | PBKS vs MI: Mumbai Indians seek consistency; Punjab Kings eyes return to winning ways

Republican Texas Gov. Greg Abbott said Wednesday during a press briefing that the suspected Texas elementary school shooter warned about his plans on Facebook just prior to the shooting. Speaking during the briefing, Abbott said 18-year-old Salvador Ramos first posted to Facebook roughly 30 minutes before going to Robb Elementary School that “I’m going to shoot my grandmother.” Ramos then posted “I shot my grandmother” and then just 15 minutes before the shooting he posted “I’m going to shoot an elementary school,” according to Abbott. Gov. Greg Abbott (R-TX) says there was “no meaningful forewarning of this crime,” other than the Uvalde gunman’s Facebook posts: “The third post, maybe less than 15 minutes before arriving at the school, was ‘I’m going to shoot an elementary school.’” pic.twitter.com/CDB5JukLt6 — The Recount (@therecount) May 25, 2022 Abbott said Ramos used one weapon, the AR-15, using .223 rounds. (RELATED: ‘He’s In The School!’: Texas Shooting … [Read more...] about ‘I’m Going To Shoot An Elementary School’: Suspected Shooter Gave 15 Minute Warning, Abbott Says

Elon Musk shared a great tweet Thursday afternoon. The Tesla founder , who is in the process of buying Twitter, weighed in on the state of politics in America and wrote to his fans, “Politics is a sadness generator.” (RELATED: David Hookstead Is The True King In The North When It Comes To College Football) Politics is a sadness generator — Elon Musk (@elonmusk) May 26, 2022 A lot of people seem to agree with him because as of right now, the tweet from Musk has more than 7,000 retweets and 54,000 likes. Elon Musk Slams Leftists With One Simple Tweet https://t.co/7rQS2m7h4M — Daily Caller (@DailyCaller) May 19, 2022 Unfortunately, it’s hard to disagree with Musk’s assessment of the situation. Politics shouldn’t have to be so damn depressing, but it simply is. ‘Devastating American Reality’: Matthew McConaughey Reacts To School Shooting Massacre In His Hometown https://t.co/qO5nii9hMg — Daily Caller (@DailyCaller) May 26, 2022 … [Read more...] about Elon Musk: ‘Politics Is A Sadness Generator’

Share to Twitter Share to Linkedin Recent monetary policy tightenings have triggered steep declines in many financial markets, including crypto assets which have lost almost $1 trillion in market capitalization in just one week. Extreme market volatility triggered the disintegration of the Terra ecosystem . TerraUSD ( UST ), a dollar- pegged stablecoin, and its sister token LUNA plummeted and delisted, saddling investors with billions in losses and accelerating the wreckage of other cryptocurrencies. This debacle debunked tall claims of an innovative crypto-financial ecosystem supposedly immune to traditional finance (TradeFi) bank runs . Stablecoins, a breed of cryptocurrencies touted for their purported stability, became vulnerable during the week ending May 13th, 2022, showing a glimpse of how things can go horribly wrong. The algorithmic stablecoin UST lost its dollar peg, collapsed, and wiped out nearly $50 billion in market value. The Terra … [Read more...] about Innovative Crypto Stablecoins- Still At Infancy And Experiencing Growing Pains