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Major exchanges delist Terra stablecoin as price collapse continues

As the Terra crisis draws on, some of the largest cryptocurrency exchanges in the world have begun to delist Terra’s UST stablecoin and its linked Luna token, citing a need to protect users from risk. Binance, the largest cryptocurrency exchange by trading volume, halted the trading of Luna and Terra on Thursday. The OKX exchange — one of the top 10 by volume — took the same action shortly afterward. The FTX exchange and other smaller exchanges continue to list and trade the Luna and UST tokens. The delistings come in…

Bitcoin drops below $27,000 level as crypto sell-off continues

Bitcoin dropped below the $27,000 level as a recent sell-off in the cryptocurrency space continues.The price of bitcoin was last down 8.76% to $26,848.20 as of 1:47 a.m. ET Thursday, according to data from Coin Metrics. Ether fell more than 13% to $1,832.33.Cryptocurrencies fell with stocks after the Bureau of Labor Statistics reported consumer prices for the month of April jumped 8.3%, which was slightly higher than expected by economists polled by Dow Jones.That spooked investors, leading them to exit risk assets…

Bruce Mau: the world-class designer whose work continues to endure | Documentary films

When Canadian designer Bruce Mau was invited to Guatemala to help reimagine the country’s future, they introduced him as Bruce, who was “going to redesign Guatemala”. Although this was a bit of a stretch, the scale at which he helped change the nation’s outlook was similarly huge. Guatemala was originally called Guate by the Indigenous people, but the Spanish later added mala, meaning bad. Mau’s first move was to add an “a”, creating “Guate! Amala!,” or “The love of Guate.” The slogan was part of a larger campaign to…

Gogoro continues Westward expansion, bringing electric scooters to Israel

Gogoro, widely considered to be the global leader in battery swapping for light electric vehicles, announced today that it is officially launching operations in Israel. The move marks a major Westward expansion by the electric scooter and battery swapping company, which has until now largely focused on dominating the Eastern markets. Gogoro announces Israel launch Gogoro (Nasdaq: GGR) has built its name not just on its electric scooters, but perhaps even more importantly, on its easy-to-use distributed battery…

El Salvador buys 500 bitcoin as crypto market sell-off continues

President of El Salvador, Nayib Bukele, gestures during his speech at the closing ceremony of the Latin Bitcoin conference (LaBitConf) at Mizata Beach, El Salvador, where he announced "Bitcoin City", on November 20, 2021.Marvin Recinos | AFP | Getty ImagesEl Salvador just added another $15.5 million worth of bitcoin to its balance sheet, as the world's most popular cryptocurrency continues its sell-off.In a tweet on Monday, President Nayib Bukele revealed that the country bought the dip, adding another 500 bitcoin to…

GPU Price Decline Continues in Germany, Now Just 10% Over MSRP

GPU prices have been on a steady decline since the start of 2022 and are now at their lowest prices we've seen since the start of the GPU shortage. According to 3DCenter, GPU prices have dropped to roughly 10% above MSRP in Germany for both Nvidia and AMD graphics cards this month.More specifically, Nvidia RTX 30 series cards have dropped to 114% above MSRP according to 3DCenter's price graph. AMD RX 6000 series GPUs have dropped even lower to 107%, putting many of the reference or lower-end AIB partner cards at value…

Activist Investor Third Point Continues Push for Shell to Restructure

Activist hedge fund Third Point LLC told clients it has increased its stake in Shell SHEL -3.24% PLC and is still pushing the oil giant to restructure, six months after calling for a breakup of the company. Daniel Loeb’s New York-based hedge fund took a $750 million stake in Shell last year as of the third quarter, and called on it to separate into multiple companies—one focused on legacy businesses such…

TikTok continues rolling out its Friends tab, replacing Discover

TikTok has a number of ways for its users to discover new content. And it looks like the wildly popular short-form video sharing app is switching up how it recommends which bite-sized videos you should watch next. And it’s doing so with a more personal touch. On Thursday, TikTok tweeted that it would continue rolling out a new Friends tab which will feature posts from “people you’re connected with.” And based on the picture shared in the tweet, it looks like the Friends tab will also replace what’s currently known as…

Lucid raises prices as it continues to struggle with production

Lucid Motors is raising the prices of its luxury electric vehicles, as the company continues to struggle with production. The company reported delivering only 360 vehicles to customers in the first quarter of 2022. As of June 1st, Lucid’s newly increased prices will be $154,000 for the Air Grand Touring (previously $139,000), $107,400 for Air Touring (up from $95,000), and $87,400 for Air Pure (up from $80,000). That represents an average increase of around 11 percent. The new Lucid Air Grand Touring Performance model,…

Realme Anniversary Sale Continues Offering Discounts Across Products

Realme has announced the continuation of its ‘Anniversary sale’, a shopping bonanza that brings exciting offers and deals for customers on a variety of smartphones and AIoT products starting till May 9 on Amazon, Flipkart and realme.com. The shopping bonanza will offer discounts that include a flat ₹7,000 instant discount on GT Neo 3 through SBI Bank Credit and Debit cards and EMI Transactions and a flat ₹7,000 instant discount on realme.com through ICICI Bank Credit and Debit…