Search Results for: dropped the ball

VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High

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A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project….

Mad Money’s Jim Cramer Apologizes for Being Wrong About Facebook Parent Meta After Stock Plunges

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The host of Mad Money, Jim Cramer, has apologized to investors for being wrong about Facebook parent Meta Platforms after its stock plunged to a record low. “I made a mistake here. I was wrong,” he said emotionally after stating previously…

SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reportedly proposed “one rule book” for the regulation of crypto assets. “If this industry is going to take any path forward, it will build some better trust in…

Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims

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Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to…

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

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At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report…

Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2

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During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that…

Topps Drops MLB World Series NFT Collection — Championship Game Attendees Can Get NFTs Specific to Each Game

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The popular candies and collectibles company Topps has announced the launch of its 2021 Topps NOW MLB World Series non-fungible token (NFT) collection, following the firm’s second series 2021 Topps Baseball NFT collection. Similar to the company’s past NFT drops, Topps…