The crypto market may well bounce back. But the message is clear: this stuff is not ready for prime time.
Author: Agency Staff
Last week’s undoing of the TerraUSD algorithmic stablecoin and its sister token Luna has ramifications for all of crypto.
The rand fell in early trade on Monday amid subdued risk-taking as investors sought safety due to fears about global growth and the impact of load shedding.
Elon Musk put his $44-billion deal for Twitter “temporarily on hold” on Friday while he awaits data on the proportion of its fake accounts, sending the shares in the social media platform plunging.
Cryptocurrencies nursed large losses on Friday, with bitcoin set for a record losing streak as the collapse of TerraUSD rippled through markets.
A selloff in technology stocks is spreading from more speculative shares to the world’s biggest companies.
A celebrated experiment that combined maths and software to get a digital currency to behave like a dollar is crashing in dramatic fashion.
Scientists on Thursday provided the first look at the monster lurking at the centre of our Milky Way galaxy.
Walt Disney Co’s quarterly results show a path for signing up a quarter of a billion subscribers: international expansion. But investors are now asking, at what cost?
Safaricom is encouraged by the positive outlook in Ethiopia and plans to start operations there this year, its CEO said.