The spectacular failure of Terra has caused money to flee from algorithmic stablecoins and has seen many abandon their plans. Source link
Latest Business Update
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Elon Musk gave his personal political committee, America PAC, more than $76 million in the first two weeks of October to boost …
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Crypto
Bitcoin to $10K? Bloomberg Analyst Warns of Brutal Scenario if Stocks Slide 20%
by Adam Forsythby Adam ForsythMcGlone believes BTC’s mainstream adoption through ETFs changed its investment profile, leaving it more exposed to familiar market risks. Senior commodity …
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Ultra-high yields on bitcoin-named tokens are available across a variety of interlinking, risk-compounding projects. Source link
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Tech & AI
Lab testing giant Quest Diagnostics confirms patients’ personal and health data was compromised during breach
Medical lab testing giant Quest Diagnostics has confirmed a cyberattack and data breach affecting an as-yet unspecified amount of sensitive patient information …
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Bitcoin
Blackrock, Fidelity Lead $635M Bitcoin ETF Loss—Biggest Outflow Since June
by Joseph Reesby Joseph ReesKey Takeaways Bitcoin ETFs lost $635.49M on Thursday, erasing nearly 60% of the prior three-day inflow streak. Blackrock and Fidelity drove most …
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Crypto
Franklin Templeton moves closer to launching two Bitcoin DRIP ETFs on Nasdaq
by Adam Forsythby Adam ForsythFranklin Templeton has registered two Bitcoin dividend reinvestment ETFs for Nasdaq trading, bringing the $1.8 trillion asset manager closer to launching funds …
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Students at the crypto-funded Network School in Singapore reportedly prefer the hotel’s breakfast buffet over Johnson’s “bunny food.” Source link