Day: May 13, 2022

Crypto

Luna Investor comes to De Kwon’s home

An angry Terra (LUNA) financial investor seems to have come thumping at the house of the Terra founder Do Kwon (otherwise called Kwon Do-hyeong) searching for replies after the token staggeringly imploded. South Korean police are chasing after an unidentified individual who supposedly broke into the apartment building in which Kwon dwells and rang the …

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LUNA

Chelsea Gets First Crypto Sponsor for Shirt

Soon after the UK held onto the club from endorsed Russian oligarch Roman Abramovich and a gathering of financial backers paid GBP 2.5bn (USD 3.1bn) for his portions, Chelsea FC is collaborating with digital asset contributing stage WhaleFin under a shirt sponsorship bargain for the following season. The arrangement, assessed to merit some GBP 20m …

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Airdrops

Sales of NFTs have dropped in the past weeks

Deals of blue-chip non-fungible token (NFT) assortments Bored Ape Yacht Club (BAYC) and Otherdeed have ventured out in the midst of a more extensive accident in the crypto market. BAYC’s deals have fallen by almost 39% throughout the last week, dropping to USD 72.5m. The assortment’s floor cost has additionally endured a shot, dropping to …

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BBIG

Pros & Cons of Vinco Ventures Inc. (BBIG)’s Cryptyde Spinoff and Possible Stock Action

The diverse holding company largely focused on digital media and content technologies, Vinco Ventures Inc. (BBIG) is finally completing its spinoff Cryptyde. The separation of Vinco and Cryptyde, its cryptocurrency & NFT unit will take place towards the end of May. While buying activity has been noticed to increase since the spin-off was first announced, …

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AFRM

Despite Recent Optimism, Affirm Holdings Inc. (AFRM) Should Be On Your Avoid List

Changing the game with its buy-now-pay-later offerings, Affirm Holdings Inc. (AFRM) is expected to continue growing as demand for alternative financing options is increasing day by day. On top of it, the company’s partnerships with Amazon and Shopify are proving exponential to its growth as well. However, with the continued decline in its share price …

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HOOD

Billionaire Investor Ignores Robinhood Markets Inc. (HOOD)’s Questionable Profitability Plan

Shares of the brokerage app, Robinhood Markets Inc. (HOOD), which plans on democratizing finance, have been in a free fall since its IPO last year. After gaining widespread attention in the meme stocks frenzy HOOD went public in mid-2021 and has since continued its descent, and has lost over half its value just this year. …

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