Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating on a plan to revive the ecosystem by re-establishing the once-stable token’s peg with the U.S. dollar. In response to
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Richard Sharp has been forced to resign as BBC chair after an investigation found that he breached the rules after failing to declare a role in the loan guarantee made to Boris Johnson before his appointment. Sharp has been under increasing pressure after an investigation was launched by Adam Heppinstall KC into whether he had
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Chicago Mayor-elect Brandon Johnson named a transition committee and subcommittee leadership Thursday that draws from members of the city’s business, activist, and governmental communities to help shape his administration’s strategies and priorities. Johnson charged the group with crafting a written report in the coming week to guide the administration that takes office May 15th. “We
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The crisis-stricken CBI will be renamed as part of efforts to demonstrate that it has reformed its toxic workplace culture after weeks of allegations of rape, sexual harassment and bullying, the new boss of the business lobby group has said. Rain Newton-Smith said the rebranding would be necessary as part of a promised “root and
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