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CryptoPage - Crypto Newsletter - Issue 331

Crypto Daily News - May 11, 2022
 

Crypto Newsletter

 
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ISSUE 331  May 12th 2022

 

  Crypto News  

 

Dogecoin back in top 10 cryptocurrencies by market cap

Dogecoin price analysis for May 11, 2022, comes on a bearish note for the meme coin but it is also crucial to note that DOGE is now once again ranked among the top 10 cryptocurrencies in the market. It is also an important fact that the price of the meme coin has held strongly above the $0.10 price support which means that it is a very crucial region to prevent the continuation of the downtrend of DOGE. As noted in our Dogecoin price analysis for May 10, 2022, the retest of $0.10 will continue in the near future.

thecoinrise.com  Permalink

 

Are Institutional Investors Dumping Bitcoin Amidst Crypto Market Crash?

The Coinbase Price Premium began trading in the negative on May 2nd and according to Cryptoquant data, traditional financial investors accounted for the majority of Bitcoin sales.

coinpedia.org  Permalink

 

VeChain Foundation reports $1.2B crypto treasury… but spent just $4M in Q1

The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter.

cointelegraph.com  Permalink

 

Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale

De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision of provenance information from source to Sightholder to store on a secure blockchain.”

bitcoin.com  Permalink

 

Binance’s Reported Russian Activity Highlights Potential Privacy Concerns in Crypto Markets

An extensive Reuters article details how Binance reportedly built ties with Russian officials. It began last year as Russian intelligence wanted the exchange to disclose client data in order to help fight crime – in particular, reportedly seeking to trace millions of dollars in Bitcoin raised by opposition leader Alexei Navalny.

dailyhodl.com  Permalink

 

Here’s How the Attacker Possibly Made Over $800 Million In A Coordinated Attack on UST

Since the beginning of the week, Terra’s UST stablecoin has seen a major crash de-pegging from the USD. At the same time, Terra’s native cryptocurrency LUNA has corrected by over 80% in the last four days.

coingape.com  Permalink

 

UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets

Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.”

bitcoin.com  Permalink

 

US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco

As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country’s financial stability. Treasury Secretary Janet Yellen brought up the terrausd (UST) fiasco as an example of why a comprehensive regulatory framework is urgently needed.

bitcoin.com  Permalink

 
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Crypto Newsletter - Issue 330

Tuesday, May 10, 2022

Crypto Daily News - May 10, 2022 View on the Web Archives ISSUE 330 May 11th 2022 Crypto News Crypto Exchange Binance Suspends Withdrawal of Terra (LUNA) and UST Stablecoins The UST stablecoin de-peg

Crypto Newsletter - Issue 329

Monday, May 9, 2022

Crypto Daily News - May 9, 2022 View on the Web Archives 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

Crypto Newsletter - Issue 328

Sunday, May 8, 2022

Crypto Daily News - May 8, 2022 View on the Web Archives ISSUE 328 May 9th 2022 Crypto News Google Cloud forms a Web3 unit to leverage the crypto popularity Google's cloud unit is launching a team

Crypto Newsletter - Issue 327

Saturday, May 7, 2022

Crypto Daily News - May 7, 2022 View on the Web Archives ISSUE 327 May 8th 2022 Crypto News Mining Capital Coin CEO Accused of $62M Cryptocurrency Scam The US Department of Justice has accused Luiz

Crypto Newsletter - Issue 326

Friday, May 6, 2022

Crypto Daily News - May 6, 2022 View on the Web Archives ISSUE 326 May 7th 2022 Crypto News Shiba Inu Coin Surges In Price Amid The Bearish Market Wave The live Shiba Inu price today on the Gate.io

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