CryptoPage - Crypto Newsletter - Issue 338

Crypto Daily News - May 18, 2022
 

Crypto Newsletter

 

ISSUE 338  May 19th 2022

 

  Crypto News  

 

Here’s how the Stablecoin meltcoin wiped off $7 billion within a week

Tether has been seeing massive liquidation since it momentarily lost its dollar peg last week. The crypto meltdown triggered by the de-pegging of Terra’s UST, another stablecoin, appears to have had a substantial impact on market mood.

coinpedia.org  Permalink

 

Sell Signals Flash Red For Shiba Inu (SHIB), Here’s Why

A new report suggests that no. 2 memecoin Shiba Inu (SHIB) is headed for sharp losses this year, with a majority of market participants indicating “sell”.

coingape.com  Permalink

 

Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme

Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a total value of over $147 million.

bitcoin.com  Permalink

 

South Korean legislature considering new licensing system for crypto

A report commissioned by South Korea’s federal government recommends the domestic crypto industry adopt a licensing system for exchanges and token issuers as a way of protecting investors.

cointelegraph.com  Permalink

 

Will Failure of MiamiCoin Hurt ‘Most Bitcoin-Friendly Mayor on the Planet’?

MiamiCoin ($MIA), a project that offers cities a source of revenue through the minting of new cryptocurrency tokens, has seen the value of its token plunge by 95% since its launch. The token, supported by Miami Mayor Francis Suarez, who calls himself the “most bitcoin-friendly mayor on the planet,” may however see adoption rise in the future.

cryptoglobe.com  Permalink

 

Cloudflare to run Ethereum node experiment to help 'build a better internet'

Ahead of Ethereum’s highly anticipated switch to proof-of-stake (PoS), cyber security firm Cloudflare is set to launch and fully stake Ethereum validator nodes over the next few months.

cointelegraph.com  Permalink

 

G7 Countries to Discuss Crypto Assets This Week After Recent Terra Ecosystem Collapse

The recent collapse of the Terra ecosystem has drawn the attention of regulators worldwide! Finance ministers of the G7 nations are meeting ahead this week and shall be discussing crypto assets on a priority basis.

coingape.com  Permalink

 

The ‘underground’ story behind China’s ban on crypto-mining

Last year, China imposed an absolute ban on attributes related to the largest cryptocurrency, Bitcoin. In June 2021, China told banks to stop facilitating transactions and issued bans on mining. China’s share of global Bitcoin mining has fallen to effectively zero as per research presented by the Cambridge Bitcoin Electricity Consumption Index (CBECI).

ambcrypto.com  Permalink

 
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Crypto Newsletter - Issue 337

Tuesday, May 17, 2022

Crypto Daily News - May 17, 2022 View on the Web Archives ISSUE 337 May 18th 2022 Crypto News Dogecoin Co-Founder Says 95% of Cryptocurrencies Are “Scams and Garbage” Dogecoin co-founder Billy Markus

Crypto Newsletter - Issue 336

Monday, May 16, 2022

Crypto Daily News - May 16, 2022 View on the Web Archives ISSUE 336 May 17th 2022 Crypto News The UK Plans to Regulate the Stablecoins Following The Terra (LUNA) Collapse The British Treasury has

Crypto Newsletter - Issue 335

Sunday, May 15, 2022

Crypto Daily News - May 15, 2022 View on the Web Archives ISSUE 335 May 16th 2022 Crypto News UK Court recognizes NFTs as 'private property' — What now? At the beginning of May, the British

Crypto Newsletter - Issue 334

Saturday, May 14, 2022

Crypto Daily News - May 14, 2022 View on the Web Archives ISSUE 334 May 15th 2022 Crypto News Just-In: BAYC Votes For “Ape Drops” NFT Marketplace; What's Next? Bored Ape Yacht Club (BAYC) has voted

Crypto Newsletter - Issue 333

Friday, May 13, 2022

Crypto Daily News - May 13, 2022 View on the Web Archives ISSUE 333 May 14th 2022 Crypto News Terra Network Halted For The Second Time In 12 Hours, What's Next? The Terra blockchain was halted for

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