Browsing Tag
slumps
5 posts
Naira slumps further across FX markets
The naira on Tuesday continued to depreciate against the dollar at both official and parallel foreign exchange markets.According to data from FMDQ, the local currency fell to N1689.88 per dollar on Tuesday from N1681.42 exchanged on Monday, recording N8.42 depreciation.Similarly, at the black market, the naira lost N5 to close at N1740 on Tuesday from
Toncoin Slumps 13% In Hours! TON Price To Hit $4 Amid Telegram Probe?
Toncoin Slumps 13% In Hours! TON Price To Hit $4 Amid Telegram Probe?Since the arrest of Pavel Durov, CEO of Telegram, the Toncoin price has dropped over 23% in valuation. This highlights rising uncertainty for the altcoin in the cryptocurrency market. Notably, Toncoin (TON) is the 10th most-valued project with a capital of $11.833 Billion.With
Wipro’s ADR slumps the most in 16 years as guidance disappoints
HomeMarket NewsWipro's ADR slumps the most in 16 years as guidance disappointsReacting to the weak quarterly numbers, the American depository receipts (ADR) of Wipro slumped over 11% on the NYSE on July 19.By Yoosef K July 19, 2024, 10:48:53 PM IST (Published)US-listed shares of Wipro plunged on Friday (July 19) after the company's June quarter
![Cardano’s [ADA] TVL slumps to an all-year low, but here’s the catch thumbnail](https://statics.ambcrypto.com/wp-content/uploads/2022/10/po-74-1000x600.png)
Cardano’s [ADA] TVL slumps to an all-year low, but here’s the catch
Despite the success of the Vasil hard fork, Cardano [ADA] seemed to have lost its midas touch as its Total Value Locked [TVL] hit the lowest 2022 value. According to DeFi Llama, the largest TVL aggregator, Cardano’s TVL was $76.26 million at press time. This value was the lowest the Proof-of-Stake (PoS) blockchain had reached
COMP slumps 12% after DeFi protocol Compound Finance detects unusual activity
You are here: Home / News / DeFi / COMP slumps 12% after DeFi protocol Compound Finance detects unusual activity October 1, 2021 by Chayanika Deka The entire crypto market saw a minor uptick as Bitcoin and Ethereum flashed green after a long time. The DeFi tokens also followed suit. However, for Compound Finance it…