Timeline of Cretaceous–Paleogene extinction event research Hildebrand and William Boynton reported the Chicxulub crater in the Yucatan peninsula of Mexico as a probable impact site. While the controversy continued, the accumulating evidence gradually began to sway the scientific community toward the Alvarez hypothesis. In 2010, an international panel of researchers concluded that impact best explained the extinction event and that Chicxulub was indeed the resulting crater. Because the estimated date of the object's impact and the Cretaceous–Paleogene boundary (K–Pg boundary) coincide, there is now a scientific consensus that this impact was the Cretaceous–Paleogene extinction event which caused the death of most of the planet's non-avian dinosaurs
Chesapeake Bay impact crater also one of three factors contributing to the sinking of land near the Chesapeake Bay. For example, Hampton Roads is gradually sinking at a rate between per century. This is occurring because of the slippage of the coast into the crater, the reverse effects of isostatic rebound of the crust of the earth from the weight of long absent glaciers north of Maryland, and groundwater removal. Chesapeake Bay impact crater The Chesapeake Bay impact crater was formed by a bolide that impacted the eastern shore of North America about 35.5 ± 0.3 million years ago, in the late Eocene epoch.