Home » TechCrunch

TechCrunch

10 crypto tweets that aged like milk: 2022 edition

To put it lightly, it has been a wild year for the crypto sector. In the span of less than 12 months, the third-most valuable stablecoin imploded, leading to a domino effect that saw crypto lender Celsius go bankrupt, Three Arrows Capital’s founders go runabout and one of crypto’s most “altruistic” executives flown home in cuffs. In this article, Cointelegraph has selected 10 crypto-related tweets that have aged like spoilt milk. Do Kwon — “Steady lads” On May 10, just as the algo-stablecoin formerly known as TerraUSD started to fall below its dollar peg, the Terraform Labs founder attempted to allay fears of a further depeg, tweeting: “Deploying more capital – steady lads.” Well, we all know what happened after. The collapse of the Terra ecosystem in May 2022 saw more than $40 billi...

Ransomware reportedly to blame for outage at US hospital chain

Health care provider Universal Health Services, one of the largest chains in the US, has been hit by an apparent ransomware attack, TechCrunch reported. UHS facilities in California, Florida, North Dakota, Arizona, and other locations began noticing problems early Sunday, with some locations reporting locked computers and phone systems. Some UHS hospitals had to use pen and paper to file patient information as a result, according to NBC News. The hospital system, which has more than 400 locations in the US and the UK, said in a statement on Monday that its IT network across several facilities was offline “due to an IT security issue.” No patient or employee data appears to have been compromised, according to the statement, which did not mention malware or ransomware. “We implement extensiv...