A not-so-stable stablecoin, titan, comes crashing down

An illustration of a gold coin with a large T, and the word titan spelled on the rimTitan coin illustration (attribution)
The cryptocurrency "titan" dropped from $65 to $0.000000024 within a few hours, despite being a stablecoin that is supposed to be much less volatile than most cryptocurrencies. As the price began to drop, the smart contract encountered a bug that prevented investors from selling their holdings. Among those burned by the coin's crash was billionaire investor Mark Cuban, who had blogged about the token only days prior.