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Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21
21.5.2022
Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
21.5.2022
President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their life savings by speculating on crypto assets, the top ECB official has suggested. Cryptocurrency...
Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000 to Start the Weekend
21.5.2022
ETH started the weekend trading below $2,000 as the price consolidation in crypto continued. Bitcoin is also trading lower during Saturday’s session, with the world’s largest cryptocurrency once again falling under $30,000. Bitcoin Following marginal gains above the $30,000 level...
Regulators Are Paying Attention to UST
21.5.2022
Luna collapsed, terraUSD collapsed and this is now going to be a Big Thing. I would go so far as to say that UST’s collapse, as dramatic as it was, will have a legacy similar to Libra’s
Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods
21.5.2022
As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association shows that 87% of U.S. residents...
Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits
21.5.2022
Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last months. Draper believes that the asset is still valuable as an inflation hedge, and that the market we are navigating right...
A16z Launches $600 Million Web3 Gaming Focused Fund
21.5.2022
A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming...
Facebook Owner Meta Files Trademark Applications for ‘Meta Pay’ Covering Crypto Services
21.5.2022
Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay. Trademark Applications for Meta Pay Meta Platforms Inc., formerly Facebook, filed...
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation
21.5.2022
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation...
Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker
21.5.2022
The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits. African Regulators’ Stance on Crypto Cryptocurrencies can potentially complement...
Justin Sun Still Thinks Algorithmic Stablecoins Are a Good Idea
21.5.2022
DEK
Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation
20.5.2022
Hayes pleaded guilty to one count of violating the Bank Secrecy Act (BSA) in February, and faced a sentence of up to 12 months in prison
Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform
20.5.2022
Risk-off conditions remain intact as volatility returns to stocks and cryptos. Meanwhile, DeFi tokens are lagging behind bitcoin (BTC)
Crypto Custody Firm Fireblocks Launches Web3 Services Suite
20.5.2022
Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from different exchanges, and mint NFTs. The service, which has already onboarded several names in the industry...
Verevolf
20.5.2022
Zeldman:
You may not know his name, but he played a huge part in creating the web you take for granted today. And he’s back—kind of.
That would be Glenn Davis and the Verevolf site Zeldman’s talking about. The …
Verevolf originally published on CSS-Tricks. You should get...
Las criptomonedas deberían cumplir con las mismas normas que las finanzas regulares, dice el G7
20.5.2022
Los ministros de Economía y Finanzas quieren que la estabilidad financiera y los estándares de lavado de dinero entren en vigencia pronto, considerando la reciente agitación del mercado
Anonymous Allegedly Hacks Sberbank, Russia’s Largest Bank
20.5.2022
Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses. Anonymous Hackers Reportedly Gain Access to Sberbank...
First a Hum and Then a Bang –Niagara Falls Residents Forced to Reckon With Crypto Mining
20.5.2022
Niagara Falls residents have raised issues related to noise pollution about a bitcoin mine. Then another one exploded
No es solo LUNA: las aplicaciones DeFi de Terra han perdido $28.000 millones
20.5.2022
Los inversores han abandonado en gran medida el ecosistema Terra, ahora evidente en los protocolos DeFi en la blockchain, y los analistas siguen siendo escépticos sobre sus perspectivas a largo plazo
Crypto Biz: Amid crypto carnage, Goldman and Barclays fill their bags, May 12-18, 2022
20.5.2022
Some of the world's biggest banks are increasing their exposure to the digital asset market despite the recent market volatility. Is this a sign of things to come?