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Leverage & Interconnectedness Are Blowing Up Crypto & DeFi

Estimated Reading Time: 3 minutes That’s what’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected.   Crypto lender and broker Voyager Digital, which also took deposits and offered yield products with huge interest rates of up to 12%, said in a series of tweets today […]

US adds 272,000 new jobs in May — blowing past estimates

The US economy added an astounding 272,000 jobs last month, well above the 180,000 that analysts had predicted. Wall Street stock futures fell sharply on the news, as the continued strength of the job market makes it unlikely the Federal Reserve will cut interest rates anytime soon. Last month’s strong job gains reflect the durability […]

Refs admit blowing kicked ball violation call at end of Knicks-Pacers

Another tense Knicks playoff game, with another officiating controversy. And it didn’t take long for the judges to recognize that. New York benefited from a kick-ball violation in the final minute of the Knicks’ 121-117 Game 1 win over the Pacers on Monday night at Madison Square Garden. With the game tied at 115-115 with […]

Blowing ‘smoke’: Mount Etna puts on a show by emitting rare rings into the sky

Tourists in Italy have been treated to quite the show as Europe’s largest active volcano, Mount Etna, has been spewing spectacular “smoke rings” into the sky since last week. The unusual phenomenon, known as a “volcanic vortex ring,” is caused by a combination of rapid outgassing and the shape of a vent erupting from a […]

Giants’ Brian Daboll knows he needs to stop blowing a gasket so often

ORLANDO, Fla. — There’s one word Brian Daboll keeps repeating when describing how he approaches his job. It’s “passionate.” Daboll admits finding the right balance between that passion is something he continues to strive for as he enters his third year as the Giants’ head coach. Daboll’s first season included some shots blowing stacks on […]

Jeopardy winner jokes about blowing $86K on sports gambling, alcohol

Commercial Content 21+ Season 39 Jeopardy winner Jake DeAruda is a man with simple tastes for his newfound wealth “I was 23 years old last year when my game aired, so I did what anyone under 25 would do,” De Arruda said on Wednesday’s show. “I’m quick to spend my checks on sports gambling, women, […]