Emergency Action as Magic Internet Money (MIM) Depegs 50%

Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg.  “We’re acutely aware of the MIM depeg and are taking emergency actions to remedy the…

Czech Rep 0 – 3 Mexico

[ad_1] Guillermo Ochoa appeared at a record sixth World Cup and 17-year-old Gilberto Mora shone as the youngest player to start in the competition for 24 years as co-hosts Mexico eliminated Czech Republic with a third consecutive win in Group…

Kohl’s Jumps 8.2% Amid Sector-Wide Rally

[ad_1] AlphaStreet Newsdesk powered by AlphaStreet Intelligence Kohl’s Corporation surged 8.2% on Wednesday to close at $18.96, riding a wave of strength across sector peers that lifted retailers broadly. The rally came on volume of 3.9M shares, as the department…

The 2036 Issue: Here Come The Sovereigns

Bitcoin Magazine The 2036 Issue: Here Come The Sovereigns By the year 2036, Bitcoin mining looks nothing like it did five years ago, much less ten. Long gone is the model of Bitcoin miners that dominated the landscape of the…