The much-anticipated launch of Terra’s new blockchain took place today, as planned. The network has produced its first block, and additional services are expected to go live soon. Terra’s team took it to Twitter today to reveal that the new chain has officially gone live and is already producing blocks. Block 1 of the brand … Read more
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! TerraUSD (UST) losing its $1 peg and falling to $0.03 and the crash of Terra (LUNA) to $0.0001372 were two events that shook the crypto community. UST (now rebranded as USTC or TerraClassic USD) is an algorithmic stablecoin backed by the … Read more
A closely tracked crypto strategist and trader is warning Bitcoin holders that BTC is poised to hit a new 52-week low. Pseudonymous trader Capo tells his 322,300 Twitter followers another sell-off event is in sight for Bitcoin as the crypto markets continue to show signs of weakness. “Almost the entire market except BTC has made … Read more
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May 27 (Reuters) – Robinhood Markets Inc (HOOD.O) has agreed in principle to settle a proposed class action filed by customers in the United States who claimed the investment app’s outages in March 2020 shut them out of trading on pandemic-related volatility . The company filed notice of the pending deal with a San Francisco … Read more
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NEW YORK, May 27 (Reuters) – Bad news may once again be good news on Wall Street, as signs of slowing US growth fan hopes that the Federal Reserve may not need to tighten policy as much as previously expected. Home sales have failed for a third straight month, while big misses from retail giants … Read more
Spacex and Tesla CEO Elon Musk says that dogecoin will soon be accepted at Spacex for merchandise, in the same way Tesla is accepting DOGE payments. Furthermore, Starlink subscriptions may also be paid with dogecoin “one day.” Spacex to Soon Accept Dogecoin for Merchandise Dogecoin got a little boost Friday when Tesla CEO Elon Musk … Read more
Less than a week before its scheduled date, the Communications Workers of America (CWA) have decided to withdraw a formal vote on unionization for Apple Store employees at Atlanta’s Cumberland Mall location. As first reported by Bloombergthe union — which has recently invested heavily in organizing tech workers — opted to hold back as a … Read more
photo: Artyom Oleshko (Shutterstock) Wherever you’re planning to go this summer, whether it’s one of the most overrated tourist destinations or one of the music festivals actually worth traveling to, you’d be lying to yourself if you said your plans were truly set in stone. That’s because things come up, schedules change, and life delays … Read more
Placeholder while article actions load The Securities and Exchange Commission confirmed on Friday it had asked Tesla chief executive Elon Musk about irregularities in how and when he disclosed his investment on Twitter. In a letter dated April 4, the day Musk’s investments in the company became public through a filing, the regulator asked him … Read more
WASHINGTON, May 27, 2022 –The US Department of Agriculture’s Food Safety and Inspection Service (FSIS) is issuing a public health alert for ready-to-eat (RTE) salad products containing Food and Drug Administration (FDA) regulated peanut butter that has been recalled by JM Smucker Company due to potential Salmonella pollution. FSIS is issuing this public health alert … Read more