CryptoPage - Crypto Newsletter - Issue 329

Crypto Daily News - May 9, 2022
 

Crypto Newsletter

 

ISSUE 329  May 10th 2022

 

  Crypto News  

 

Binance Labs launches Season 4 of its Incubation Program

Binance Labs has launched the Season 4 of its Incubation Program on 5th May 2022. The program helps and supports promising projects in the blockchain space. Binance Labs selected the top 14 projects with the most potential and deemed the best fit for the program from over 500 projects.

ambcrypto.com  Permalink

 

Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals

Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions.

bitcoin.com  Permalink

 

YouTube Terminates Educational Crypto Channels

YouTube has suspended the accounts of three high-profile channels with educational content about crypto assets. So far, only the Bankless DAO channel has been reinstated.

cryptocoin.news  Permalink

 

Bitcoin whales jumping ship as exchange inflows reach 3-month high

The number of Bitcoin whales is rapidly decreasing to levels not seen since earlier this year, possibly due to the three-month high of coin inflows to centralized exchanges (CEXs).

cointelegraph.com  Permalink

 

Luna Foundation Guard Takes Corrective Measures to Protect UST Peg, Here’s How

The Luna Foundation Guard has once again come forward announcing some key measures to safeguard the Bitcoin peg for its native UST stablecoin.

coingape.com  Permalink

 

Bloodbath Alert: Bitcoin (BTC) Gives a Weekly Close Below 100-DMA for the First Time In Four Years

Over the last weekend, Bitcoin (BTC) and the broader crypto market witnessed a brutal sell-off with Bitcoin and the broader crypto market losing nearly 10%. In the last three days, the broader crypto market has eroded $250 billion of investors’ wealth.

coingape.com  Permalink

 

NFT markets slump as weekly sales volume dives 30%

MAYC, BAYC, and Otherdeed trading volumes are all way down, as are volumes in the entire NFT market, possibly signaling a general cooldown in the industry.

cointelegraph.com  Permalink

 

Understanding staking pools: The pros and cons of staking cryptocurrency

A staking pool is a tool that allows multiple crypto token holders to pool in their tokens, thereby granting the staking pool operator a validator status and rewarding all stakeholders with tokens for their computational resources’ contributions.

cointelegraph.com  Permalink

 
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