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May 22 is one of the most memorable dates in the history of cryptocurrencies. On this day, 12 years ago, the first actual commodity-money transaction took place using bitcoin. A miner named Laszlo Hanets offered 10,000 BTC for delivering him a couple of pizzas.
Crypto lending platform Celsius Network has faced customer dissatisfaction amid the recent market slump and attacks from unknown intruders. The company’s CEO Alex Mashinsky announced this.
Alex Mashinsky, the founder and CEO of Celsius, believes that the ‘Sharks of Wall Street’ are in part to blame for the ongoing crypto winter.
In Europe, at the official level, there was a discussion of a possible ban on bitcoin trading. The main reason again lies in the ecology and the harm that cryptocurrency mining causes to the environment.
According to company representatives, it will be possible to pay for exclusive watches with almost any digital asset, from bitcoin to USDC and BUSD.
The founders or co-founders of companies such as “Roblox”, “Riot Games”, “Discord” and “Blizzard” have already joined the fund.
The Joe Biden administration will make all efforts to resolve the issue of separating users’ assets and corporate funds on cryptocurrency exchanges. Its representatives are ready to pressure Congress to achieve this goal.
Billionaire and head of the investment holding Galaxy Investment Partners, Michael Novogratz, got out of the informational vacuum in which he was for several days after the loud collapse of LUNA.
Initially, the company was suspected of tax evasion. Also, the co-founder of Terraform Labs, Do Kwon is in the focus of the tax inspection attention.
The disaster of the Terra project, associated with the zeroing of the cost of the native LUNA token and the UST algorithmic stablecoin, remains one of the hottest topics in the cryptocurrency information area.
The Coinbase exchange, one of the TOP-3 of the world’s largest cryptocurrency exchanges, announced a change in its recruitment strategy. The reason for the review of the previously planned recruiting scale was the market recession.
With TerraUSD and LUNA falling, US Securities and Exchange Commission (SEC) chairman Gary Gensler again addressed investors with a stronger message regarding digital currencies. He continues to categorize crypto assets as speculative and reminds of the lack of protection for holders.
It seems that in matters of the bitcoin economy, the world is moving to the stage of “acceptance.”
The British Ministry of Finance plans to make the country more attractive for digital technologies and cryptocurrency exchanges. It has already begun to develop a set of laws aimed at promoting this area.
The B3 stock exchange announced the imminent launch of Bitcoin futures. Representatives of the leading Brazilian trading platform told the resonant news during a conference call while reporting for the first quarter.
Addressing the National College of Ireland, Member of the Executive Board of the European Central Bank Fabio Panetta extensively discussed the future of the digital euro, the European version of a Central Bank Digital Currency (CBDC).
Yoon Suk-yeol, who won the March presidential election, has encountered difficulties in realizing his campaign promises. In particular, he announced the implementation of crypto-friendly reforms and the raising of the tax threshold for income from investments in digital currencies. However, within the framework of the current legislation, it is impossible to implement the plan.
As the market continues to struggle, with Bitcoin trading below $30,000 press-time and most of the altcoins showing a subpar performance, the response of different actors varies.
In Norway, left-wing parties tried to move a bill to ban energy-intensive mining.
Digital currencies can cause a partial “dollarization” of the Indian economy, which does not correspond to the state’s sovereign interests. The management of the Reserve Bank of India (RBI) made such an announcement as part of a briefing for the Parliamentary Committee on Finance.
The crypto industry may have met with a new “black swan”: one of the most capitalized projects in the world, Terra, which was in the TOP 10 of the CoinMarketCap rating a few days ago, lost almost everything of its assets.
Following “AirBaltic” and “Volaris El Salvador,” the UAE decided to start accepting cryptocurrency for payment.
Between April 8-May 8, it added 283 new smart contracts, i.e. an average of 70 new smart contracts a week.
South Korea’s recently elected president from the Conservative party Yoon Suk-yeol follows through on his campaign goals, in particular, in the matter of integrating cryptocurrencies into the country.
The new software will allow you to use 100% of the power of top graphics cards.
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
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