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Cointelegraph
18 May 2022
Dutch regulator says crypto not yet suitable as means of payment or investment
Paul-Willem van Gerwen from the AFM believes the retail investors should forbear the crypto derivatives trade.
Coindesk
18 May 2022
Blockchain Gaming Developer N3TWORK Studios Closes $46M Funding Led by Griffin Gaming
Blockchain gaming developer and publisher N3TWORK Studios has raised $46 million in a series A funding round to aid production of web 3 games Legendary: Heroes Unchained and Triumph.
Coindesk
18 May 2022
Bitcoin, Major Cryptos Slide as Markets Digest Hawkish Powell Remarks
A day after the U.S. Federal Reserve chair pledged to keep tightening monetary conditions until inflation comes down, analysts and traders from crypto to stocks and futures were assessing the economic impact, from higher mortgage rates to lower company earnings.
Coindesk
18 May 2022
Swiss ETP Issuer 21Shares Dives Into US Market With 2 Crypto Index Funds
The two crypto index funds will only be available to accredited investors.
Cointelegraph
18 May 2022
Tally Labs strive to expand decentralized content ecosystem with $12M funding
The announcement of the firm's inaugural capital raise from prominent investors is set to propel the vision for the construction of decentralized content representing communities from across the NFT space.
Coindesk
18 May 2022
Will a Proof-of-Stake Ethereum Lead to More Centralization?
Lido’s staking protocol now holds 33% of all staked ether.
Cointelegraph
18 May 2022
Why decentralized messaging apps will replace today’s social media platforms
Centralized communication platforms prove to be an easily identifiable weakness in activist movements.
Bitcoinist
18 May 2022
Phishing Scammers Steal Hollywood Comedian Seth Green’s Pricey Apes
A group of phishing criminals are on the loose and just stole Seth Green’s hoard of non-fungible tokens. Green disclosed in a tweet on Wednesday that he had fallen victim to phishing scammers who took numerous expensive NFTs from his cryptocurrency wallet. The Hollywood celebrity renowned for mov...
Cointelegraph
18 May 2022
Axie Infinity's Discord bot compromised, hackers issue fake minting message
The developers have managed to delete the fake message and remove the MEE6 bot from the main server.
Bitcoinist
18 May 2022
Three Tactics to Spice Up Your Blockchain Marketing Strategy
Located at the intersection of digital marketing and blockchain PR, launching a blockchain marketing campaign is all about creating something that connects with your audience, demonstrating the impact of your product, and enticing investors over to your platform. But, like many things in life, launch...
Cointelegraph
18 May 2022
The Lightning Network Lunch: A Bitcoin contactless payment story
A data analyst on the Isle of Man demonstrated how contactless payments work on Bitcoin’s Lightning Network using an NFC enabled "Bolt Card."
Coindesk
18 May 2022
Argo Blockchain Q1 Net Income Plunges 90% to $2.1M
Argo Blockchain (ARB) reported net income of £1.6 million ($2.1 million) in Q1, a drop of over 90% compared to the corresponding quarter a year earlier.
Cointelegraph
18 May 2022
Aave price risks a 25% plunge as a classic bearish reversal pattern emerges
A handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off.
Cointelegraph
18 May 2022
Bitcoin shakes of Fed volatility as analysts remain split on return under $24K
Bitcoin could reach its highest since the Luna meltdown next, one trader argues, while others feel that the bottom is not yet in.
Coindesk
18 May 2022
Nearly 5,505 Ether, or $10M of the $625M Ronin Exploit, Are on the Move
Thousands of ether connected to the Ronin exploiter address seem to be on the move via privacy exchange Tornado Cash, blockchain data apparently shows.
Cointelegraph
18 May 2022
Nifty News: Robinhood to launch a Web3 wallet, LimeWire inks deal with Universal and more
Robinhood’s wallet will be noncustodial and multichain, allowing for the storage of NFTs along with the ability to connect to NFT marketplaces.
Bitcoinist
18 May 2022
Terraform Labs’ Legal Team Quits After UST Crash – Another Blow To Kwon
The ongoing rigmarole with Terraform Labs, the blockchain developer behind Terra (LUNA), took a turn after a purported modification in job status for some members of the company’s legal staff. The internal legal team at Terraform Labs resigned shortly after the implosion of Terra’s algorithmic stablec...
Cointelegraph
18 May 2022
South Korean legislature considering new licensing system for crypto
Regulators in South Korea have issued a new report that offers a bevy of recommendations for how to properly govern the country’s crypto industry.
Cointelegraph
18 May 2022
Cloudflare to run Ethereum node experiment to help 'build a better internet'
“Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy-efficient for everyone,” the firm stated.
Bitcoinist
18 May 2022
Is SafeMoon A Billion Dollar Fraud? Coffeezilla Thinks So – Pt.2: Pheonix
A new chapter in the exciting SafeMoon saga. In the previous one, Coffeezilla introduced the story, explained how the token functions, and took us through the first part of the alleged rug pull. This time, we go straight to the project’s operators slowly extracting liquidity in various forms. And th...
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Cointelegraph
18 May 2022
Analysts note parallels with March 2020: Will this time be different?
Analysts across crypto and traditional stocks have taken notice of the similarities between what happened in March 2020 and market moves so far this month.
Cointelegraph
18 May 2022
German BaFin official calls for 'innovative' EU-wide DeFi regulation
Highlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout the EU to “prevent a fragmented market.”
Cointelegraph
18 May 2022
Ethereum’s popularity 'a double-edged sword’ — a16z's State of Crypto report
“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated.
Bitcoinist
18 May 2022
Crypto Subsidiary To Be Launched By Japan’s Largest Investment Bank
Leading Japanese Investment bank, Nomura has decided to launch a crypto subsidiary. This new unit by Nomura shall be operated outside of Japan with a team of 100 personnel by the end of next year. This move is primarily concerned with facilitating institutional clients could invest in cryptocurrenc...
NullTX
18 May 2022
Top 3 Metaverse Crypto Coins With a Market Cap Below $5 Million to Watch in May 2022
This week, cryptocurrency markets continue to trade sideways, with Bitcoin and Ethereum managing to hold support. With the bear market this month, Metaverse crypto coins and projects are on a fire sale, making it an excellent opportunity to start accumulating projects with long-term potential. To...
NullTX
17 May 2022
Raca Launches Updates for USM Metaverse and Play-to-earn Game Metamon, Which Pumps and Achieved a Total Trading Volume of Over $40 Million
RACA, responsible for the development of the USM metaverse and the play-to-earn game Metamon World, has announced a series of updates to its products. In the case of USM, the update (0.9.0 Patch) was posted on the official RACA Discord channel and includes a new staking system and a new building sys...
Coindesk
17 May 2022
First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness
A Glassnode analyst suggests that the collapse of the UST token has triggered a change in investors' stablecoin preferences; cryptos tick higher in Tuesday trading.
Bitcoinist
17 May 2022
By The Numbers: Bitcoin’s Most Volatile Day Of 2022 Compared
Bitcoin has had its fair share of highly volatile days since its inception. This comes as no surprise given that volatility remains one of the most prominent characteristics of the cryptocurrency and this volatility is a major pull for investors. Nevertheless, there have been days when the volatil...
Cointelegraph
17 May 2022
Commissioner Kristin Johnson to sponsor CFTC Market Risk Advisory Committee
The crypto hawk Biden appointee will sponsor a panel of 36 financial industry executives, thought leaders and other prominent figures.
Coindesk
17 May 2022
Market Wrap: Cryptos and Stocks Mixed Amid Bearish Sentiment
Bitcoin (BTC) is stabilizing around $30K while stock market volatility is fading. Altcoins were mixed, although recent underperformance could signal caution among some traders. Indicators show short-term BTC buying, albeit with limited upside.
Cointelegraph
17 May 2022
Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside
On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery.
Coindesk
17 May 2022
Bitcoin sube a $30K, con una resistencia en $35K
BTC está en camino de registrar una señal de impulso positivo en el gráfico diario.
Cointelegraph
17 May 2022
Crypto users react to Terraform Labs legal team purportedly leaving company
Many on social media called for legal action against Do Kwon, while others speculated the potential departure of the legal team could have been over concerns about money.
Coindesk
17 May 2022
Ledger Adding Browser Extension to Connect Hardware Wallets to Web 3 Apps
Ledger Connect is launching in beta and will initially be compatible with the Ledger Nano X and Mobile Safari.
Coindesk
17 May 2022
Argentina presiona a mineros de criptomonedas en medio de una escasez energética
Algunas compañías registradas vieron un incremento del 400% en sus tarifas eléctricas en marzo, mientras que los mineros ilegales no planean dejar de utilizar la energía subsidiada de sus hogares para realizar la actividad.
Bitcoinist
17 May 2022
Bitcoin Spot Volume Soars, 7-Day Average Tops $10B
Data shows the Bitcoin 7-day average spot trading volume has continued to shoot up this week as trading activity in the market lights up. Bitcoin Market Observes More Than $10 Billion In Volume In Past Week According to the latest weekly report from Arcane Research, the BTC Trading volume has seen furt...
Coindesk
17 May 2022
Elwood Technologies Touts Strong Focus on Crypto Derivatives
Now backed by tier-one banks Goldman, Barclays and Commerzbank, Elwood CEO James Stickland predicts “a huge amount of derivatives action.”
Coindesk
17 May 2022
Bitcoin Rises to $30K; Resistance at $35K
Bitcoin (BTC) is stabilizing around the $30K price level. The cryptocurrency is on track to register a positive momentum signal on the daily chart, similar to what occurred in late-March. Still, nearby resistance could cap an upswing in price.
Cointelegraph
17 May 2022
NFT prices take a gut punch as the crypto bear market deepens
NFT sell volume declines sharply after Terra’s blow up led to stablecoins dropping their peg and Bitcoin’s dip below $30,000 raises fear of a prolonged bear market.
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