May 19, 2022

Experience comprises illusions lost, rather than wisdom gained.

-Joseph Roux

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*Prices Last Updated: 05-19-2022 7:30am EST

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*Prices Last Updated: 05-19-2022 7:30am EST

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*Prices Last Updated: 05-19-2022 7:30am EST

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682 BTC

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*Transactions Last Updated: 05-19-2022 7:30am EST

The cryptocurrency industry is scrambling to respond to U.S. lawmakers' concerns about stablecoins following the collapse of TerraUSD, which wiped billions off the cryptocurrency market.

Source: Reuters

Speaking to reporters after a House Appropriations Committee panel hearing Wednesday, SEC Chair Gensler said: "A lot of these tokens will fail."

Source: Business Insider

El Salvador's big bet on bitcoin, which the Central American nation has been buying since September, has soured in recent weeks as a cryptocurrency rout shaved over a third of the value of the government's holdings, Reuters calculations show.

Source: Reuters

It's likely that Changpeng Zhao meant it as a joke as he remains a billionaire, but luna's meltdown has stung investors worldwide.

Source: Business Insider

Julius Baer Group Ltd. said it is working on offering services in digital assets to its wealthy clients, and sees the current turmoil in global crypto markets as potentially defining moment for the asset class.

Source: Bloomberg

Miners behind the Great Firewall may never have downed tools, say Cambridge crypto-boffins China has become the world’s second most prolific miner of bitcoin – or maybe it always was – according to new data from the Cambridge Centre for Alternative Finance (C…

Source: Theregister.com

What is the only Central American nation with English as its official language?

here.

https://friends.blast29.com/blastoffwithfriends

Trivia Answer: Belize

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