Billionaire investor Mark Cuban says he misplaced cash after a cryptocurrency fell one hundred pc in sooner or later. Cuban had, as not too long ago as Sunday, bragged about making a 206 p.c annual return on his funding. The Titan coin then fell from $60 to $0 in a matter of hours. The value was imagined to be pegged to the greenback, as a part of a decentralized finance challenge referred to as Iron Finance.
NTD requested Kent Barton at crypto trade ShapeShift why the value fell so rapidly.