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The May 2022 collapse of TerraUSD, a stablecoin propped up by a complex algorithmic mechanism offering 20% yields, was described as "Ponzinomics" by Wired. [33] Another example of a well known Ponzi scheme involving cryptoassets was the ICO of AriseBank or AriseCoin , involving claims about founding the world's first "decentralized bank".
A military airlift immediately began shipping relief supplies to Alaska, eventually delivering 2,570,000 pounds (1,170,000 kg) of food and other supplies. [36] Broadcast journalist, Genie Chance , assisted in recovery and relief efforts, staying on the KENI air waves over Anchorage for more than 24 continuous hours as the voice of calm from her ...
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