collapse

Alex Dovbnya Terra’s Do Kwon claims that he has lost his entire fortune following the collapse of the Terra blockchain In a recent interview with The Wall Street Journal, controversial Terra co-founder Do Kwon said that he was…

With more than 19,000 virtual currencies in existence, the cryptocurrency industry has likened the current state of the market to the early years of the internet. Industry players said however that most of these coins will…

Billionaire hedge fund manager Bill Ackman said raging inflation will only dissipate if the Federal Reserve acts more aggressively or the market sell-off turns into a full-on collapse."There is no prospect for a material reduction in…

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. UK hospitality businesses are urging the government to provide fresh emergency financial support as England…

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…