Thursday, December 8 2022


Stablecoins aren’t stable: Why TerraUSD is crashing

Stablecoins are tokens pegged to the value of a government-backed currency such as the US dollar or commodities such as silver or gold. Tether (USDT) and USD Coin (USDC), the two leading stablecoins, assure buyers of their stable value by promising to hold sufficient assets from the traditional financial system to match the value of outstanding tokens: cash, commercial paper, certificates of deposit, and Treasury bills. Algorithmic stablecoins are even more complicated and, as it turns out, volatile.

Source: Yahoo Sports


Lightning send Leafs home with heartbreak


More Game 7 heartache for Maple Leafs as Nick Paul powers Lightning

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MLB Winter Meetings return with prospect of pandemonium on the horizon

SAN DIEGO — It’s another gorgeous, serene day in San Diego, but stroll inside the Manchester Grand Hyatt, there is turbulence and a lobby full of folks running for cover. It’s the annual MLB Winter Meetings, the first one staged since 2019 with COVID-19 and a labor lockout canceling the past two years. Beginning Monday, teams, executives, managers, […]

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Clayton Kershaw’s sons make fun trip to Dodger Stadium to play ball with Dad

The Dodgers‘ Clayton Kershaw plays soft toss with his son Cooper, 2, as his other son Charley, 5, watches before a game Tuesday between the Dodgers and the Arizona Diamondbacks at Dodger Stadium. (Mark J. Terrill / Associated Press) For Charley and Cooper, it might not be that rare to get a little warmup session […]

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How the Yankees were able to re-sign Aaron Judge and secure his legacy

SAN DIEGO – New York Yankees manager Aaron Boone, fearing that they were going to lose Aaron Judge, came back to his hotel room Tuesday night and decided to telephone Judge one last time. Judge was in San Diego, just a few blocks away from the baseball winter meetings headquarters, but he wasn’t in town […]

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