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New Luna cryptocurrency is already crashing

Cryptocurrency markets have seen a steep sell-off after the collapse of controversial blockchain project Terra.Dan Kitwood | Getty ImagesA new version of the collapsed luna cryptocurrency is already live on major exchanges — and it's gotten off to a bad start.Last week, supporters of the Terra blockchain project voted to revive luna but not terraUSD, a so-called "stablecoin" that plunged below its intended peg to the dollar, causing panic in the crypto market.TerraUSD, or UST, is what's known as an algorithmic stablecoin.…

Machine Gun Kelly on Crashing Sandra Bullock’s Party With Pete Davidson

In an appearance on the Tonight Show Starring Jimmy Fallon, Machine Gun Kelly revealed how he and best bud Pete Davidson crashed a party hosted by Sandra Bullock.In his interview with Fallon, MGK said he took the SNL star to his Bird Box co-star’s Easter party but didn’t tell him whose party it was until they got there. “There was this one Easter, I was like, ‘Pete, let’s go to my friend’s house for Easter.’ He pulled up and he had 40s and he was like, ‘Let’s do this thing,’” he said near the 6:00 mark of the interview…

Crypto is crashing, and that may make GPUs more affordable

Cryptocurrencies big and small are having a rough time right now, with unprecedented drops and losses that may take a while to bounce back. Seeing as graphics card prices are often affected by the situation in the crypto market, can we expect to see an improvement in the state of the GPU shortage? ChesNot/GettyImages The crypto market is fairly volatile on the best of days, but the past week or so has been one of the hardest the cryptocurrency world has ever seen. After the high peaks of November 2021, the major…

Why the stock market and bitcoin keep crashing

Alas, stocks do not only go up. The past couple of years have been quite exciting for many investors. After the stock market plunged at the outset of the Covid-19 pandemic, it’s been on a pretty good run. The S&P 500 climbed by 16 percent in 2020 and nearly 27 percent in 2021. Hordes of individual investors rushed into trading, getting into meme stocks like GameStop and AMC and enjoying the perks of a pretty broad-based bull market. Some dipped into cryptocurrencies like bitcoin, which traded above $60,000 per coin…