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The Latest Breaking News from TER

TechScape: How Musk and crypto bros get away with it

In this week’s newsletter: Just like Donald Trump’s political rise, Tesla’s CEO and firms like Tether win by simply not playing by the same rules as everyone else

The Guardian - UK

$7.6bn of ‘stablecoin’ tether redeemed since start of crypto crisis

Figures suggest company has paid out more than total cash on hand, as terra backers prepare relaunch

The Guardian - UK

The Weekly Wrap for Saturday, 14 May 2022

It's been a bad week (month, year) to be a Web3 booster. Coinbase conceded that it may not be able to protect all the deposits it holds if it goes under. NFT's are evaporating and not even a CGI model of Madonna's vagina can save them. But in this edition…

inkl Originals

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TerraUSD ‘stablecoin’ delisted from crypto exchanges

‘Algorithmic stablecoin’, whose collapse triggered multibillion-dollar selloff, turns off blockchain

The Guardian - UK

Bitcoin Set for Record Losing Streak as ‘Stablecoin’ Collapse Crushes Crypto

Cryptocurrencies nursed large losses on Friday, with bitcoin trading near $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets. Crypto assets have also been swept up in broad selling of risky investments on worries about high inflation and rising interest…

Asharq Al-Awsat

Bitcoin eyes record losing streak as 'stablecoin' collapse crushes crypto

SINGAPORE: Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below US$30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets.

Bangkok Post

Elon Musk ‘still committed’ to Twitter deal after putting it on hold – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Bitcoin, Ethereum, Dogecoin Just Under Key Levels After Crypto Crash — Analyst Says Investors Vulnerable To 'One Last Plunge'

Bitcoin and Ethereum hovered just under key psychological levels, as the global cryptocurrency market cap declined 2.2% to $1.2 trillion at press time.

Benzinga

Money markets are insulated, for now, from the stablecoin mess

US money markets have so far proven resilient amid growing turmoil in so-called stablecoins, although investors remain alert to the risk of problems spilling over into key parts of the world’s financial plumbing.

Tribune News Service

Tether Untethers From Dollar: Are The Fears Justified?

Leading stablecoin Tether (CRYPTO: USDT) saw its value fall as low as 95 cents — possibly a price not seen since 2017 — after Wednesday's collapse of&

Benzinga

Global stocks down, euro slumps over growth and inflation worries

New York (AFP) - World equities mostly fell Thursday, and the euro hit a five-year dollar low as investors worried about growth amid stubborn inflation and rising interest rates.

AFP

Global stocks, euro slump over US inflation alarm

London (AFP) - World equities tanked Thursday and the euro hit a five-year dollar low as slowing US inflation failed to dent fears of rising global interest rates.

AFP

Turmoil and panic in crypto market as ‘stablecoin’ slump prompts wider collapse

The near-total crash of terra has fuelled real panic that the crypto sector may face existential problems

The Guardian - UK

Crypto Market Panic Worsens As Tether (USDT) Loses Dollar-Peg

Market-wide panic ensued after Tether (CRYPTO: USDT) – the largest stablecoin by market cap – began losing its peg to the U.S. dollar.

Benzinga

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The Guardian - UK

Could terra fall prove to be Lehman Brothers moment for cryptocurrencies?

Explainer: Questions asked about whether other ‘stablecoins’ may follow suit – and if so, what else?

Benzinga

Cannabis Movers & Shakers: MedMen's New CEO, TerrAscend, FoliuMed, Charlotte's Web & Proof Announce Appointments

MedMen Names New CEO Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) has appointed a new CEO, Edward Record, who has been serving on the company's board since 2021.

Benzinga

If You Invested $1000 In Teradyne 5 Years Ago, Here's How Much You Would Have Today

Teradyne (NASDAQ:TER) has outperformed the market over the past 5 years by 12.45% on an annualized basis producing an average annual return of 24.31%. Currently, Teradyne has a market capitalization of $17.19 billion.

Benzinga

Tether's Paolo Ardoino Raises Concern Over Rapidly Growing Competitor UST: 'It's Really Hard To Predict'

Paolo Ardoino — the chief technology officer at Tether (CRYPTO: USDT), the firm behind the leading stablecoin — commented on the growth of TerraUSD (CRYPTO: UST) after the token became the third-largest stablecoin and overtook Binance USD (CRYPTO

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news in one place.

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Benzinga

EXCLUSIVE Interview: Cosmic Champs Aims to be the First Real-Time NFT Game on Algorand

Interview with Cosmic Champs, a real-time, team-play game shooting for the stars and a crossover gaming audience.

The Conversation

How climate-friendly is an electric car? It all comes down to where you live

If you’re thinking about buying an electric vehicle, whether due to soaring fuel prices or to lower your greenhouse gas emissions, where you live can make a huge difference to how climate-friendly your car is.

Benzinga

Here's How Much $100 Invested In Teradyne 5 Years Ago Would Be Worth Today

Teradyne (NASDAQ:TER) has outperformed the market over the past 5 years by 14.63% on an annualized basis producing an average annual return of 28.2%. Currently, Teradyne has a market capitalization of $17.79 billion.

Tribune News Service

Stablecoin issuers seek bank licenses to reassure customers

WASHINGTON — Firms that issue or trade stablecoins are looking to secure banking licenses, largely as a signal to customers that the coins are safe as bank deposits.

Roll Call

Stablecoin issuers seek bank licenses to reassure customers - Roll Call

Firms that issue or trade stablecoins are looking to secure banking licenses, largely to signal that the coins are safe as bank deposits.

Evening Standard

Top 10 cryptocurrencies in June 2023

Bitcoin, Ethereum, Dogecoin & Tether, there are thousands of different cryptocurrencies available. Compare the top 10 cryptocurrencies in 2023.

Benzinga

Benzinga's Daily Brief On Trending Tickers For March 10, 2022: Amazon, Teradyne, Tesla And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

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