Four years ago, the Terra (LUNA) cryptocurrency collapsed after its stablecoin UST lost its $1 peg, triggering a hyperinflationary death spiral that devalued LUNA from $129 to nearly zero in hours. This crash wiped out $40-$60 billion of user funds and caused major crypto lenders like Three Arrows Capital and Celsius to go bankrupt, with total losses exceeding $100 billion. Founder Do Kwon fled but was caught and sentenced to 15 years in the US for his role in the collapse. The event highlights risks of unbacked stablecoins and complex DeFi systems under real market stress.
At IAA TRANSPORTATION 2026 in Hanover, Winseed showcased key trends in automotive AI, emphasizing the shift from innovation to commercialization and the rising importance of AI-driven global brand visibility. Their research ranked 127 AI-related auto...
Rosen Law Firm has announced an investigation into possible breaches of fiduciary duties by Sprout Social's directors and officers. Investors holding Sprout Social stock are encouraged to contact the firm for more information and potential legal acti...
Analyst Daniel Sparks predicts that SpaceX's stock won't fully reflect the value of its Starship program until the company demonstrates the ability to reuse the entire rocket. This milestone is crucial as full reusability could significantly reduce l...
Quant (QNT) token recently surged 240% over 17 days, reaching $250. Analysts from Vuori Trading identified $173 as a key support level, describing the current price action as a final "dump phase." They suggest QNT could revisit $173 before potentiall...
XRP is trading around $1.40 after pulling back from September highs, encountering resistance near $1.45. The token's recent rebound from $1.30 is crucial, as holding above this level supports the recovery, while falling below could shift focus to the...
