FCA Chairman Warns Against Rushed Regulation Following Plans to Make U.K. ‘Crypto Hub’.

Charles Randell, chairman of U. K. watchdog the Financial Conduct Authority, has urged lawmakers to be cautious following an announcement last month to make the U. K. a “crypto hub. ” The post FCA Chairman Warns Against Rushed Regulation Following Plans to Make U. origin »

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Wormhole Awards $10M to White-Hat Hacker in Bounty Program.

Wormhole has awarded $10 million to a whitehat hacker who reported a bug in its Ethereum core bridge contract. This is part of the bounty program announced in February after losing $323 million to an exploit. origin »

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What Happened to LUNA & Terra? A Death Spiral, an Offering Trap, and a Mathematical Drawback.

1. What happened to Terra? Terra, the most famous algorithm stable coin project in the cryptocurrency market, experienced a disastrous downside during the past week, which also caused a crash in the whole market. origin »

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Bill Gates Doesn’t Invest In Bitcoin, Says It Does Not Add To Society.

In a recent AMA on Reddit, Bill Gates explained he does not invest in bitcoin or other cryptocurrencies because they do not add to society. origin »

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Is a Bitcoin Price Rally Around the Corner?.

Cryptocurrency markets hold support exceptionally well this Friday as Bitcoin hovers at the $30k level and Ethereum manages to keep the $2k support line. Last night, Bitcoin rallied from $28k to a high of $30. origin »

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How Pizza Day Relates To Bitcoin Mining.

Laszlo Hanyecz’s significant contributions to Bitcoin far outweigh the possible regret he may have for spending 10,000 bitcoin on two pizzas. origin »

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Bitcoin Pizza Day merch delivers lightning-fast style.

The Cointelegraph Store brings you Bitcoin Pizza Day merch, and luckily you don’t have to spend 10,000 BTC to get your hands on a piece. origin »

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Tether Cuts 17% Of Its Commercial Paper Holdings Over Q1 2022.

As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills with this reserve amount to back its stablecoin, USDT. origin »

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UST aftermath: Is there any future for algorithmic stablecoins?.

The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.” origin »

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Cardano accelerator program Genius X ISPO nets $105 million in ADA.

Cardano-based accelerator program Genius X continues to attract ADA delegators after the launch of its ISPO.

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How Blockchain is Finally Getting Africa on the Grid.

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Algorithmic, fiat-backed or crypto-backed: What’s the best stablecoin type?.

DAI has been around since 2017, which no algo stablecoins has ever matched, and it’s unlikely to share the fate of UST.

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SingularityNET, LDA sign $25m commitment to AI adoption.

SingularityNET and SingularityDAO signed an agreement for $25 million with global investment group LDA Capital Limited to adopt AI tools, accelerate product roadmap, support decentralized AI growth, and scale the ecosystem, Invezz learned from a press release. origin »

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Central bankers bellow Bitcoin on El Salvador's Bitcoin Beach.

On day three of El Salvador’s financial inclusion and funding for SMEs conference, Bitcoin has stolen the show.

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FTX introduced stock trading, how will that affect the price of FTT?.

FTX is an international cryptocurrency derivatives exchange. It specializes in derivatives and leveraged products, and its key product offerings include futures, and leveraged tokens, among other offerings. origin »

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Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance.

Macro conditions flip to reduce pressure on risk assets, as one view gives Bitcoin bears $14,000 capitulation "hopium."

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Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’.

Core Ethereum developer Preston Van Loon says that the network’s long-awaited transition to proof-of-stake will most likely happen this August. origin »

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Update To The Constituents Of BNC-BTSE Altcoin Index.

The Brave New Coin (BNC) Index Committee has actioned the following change to the BNC-BTSE AltCoin Index (BBAX). origin »

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TA: Bitcoin Reclaims $30K, Why Bulls Face Uphill Task.

Bitcoin started a fresh increase from the $28,500 support zone against the US Dollar. BTC must clear $30,600 to move further into a positive zone. Bitcoin formed a base above $28,500 and started a fresh increase. origin »

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As the Market Bleeds, Bitcoin Dominance Hits Seven-Month High.

Bitcoin has historically dominated the cryptocurrency market during downturns. Bitcoin Dominance Rallies Although the crypto market looks weak, Bitcoin is proving that its still “the King.” The number one cryptocurrency... origin »

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Top Terra Whales Break Silence on Network’s Collapse.

Some of the largest investors in the Terra ecosystem, including Galaxy Digital, Delphi Digital, and Pantera Capital, have commented on Terras implosion that transpired last week. Top Terra Backers Reflect... origin »

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Gain Better Returns With GSD Capital’s New Approach to Investing.

Investable assets are like living trees. You nurture it properly and it grows. In order to achieve sustainable growth of liquid assets under management, you need to ensure two things first: 1. A successfully proven investment strategy 2. origin »

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Korean Prosecutors Consider Bringing Ponzi Scheme Charges Against Terraform Labs’ CEO.

The Seoul Southern District Prosecutor’s Office in Korea is investigating whether it can bring charges of a Ponzi scheme against Terraform Lab’s CEO, Do Kwon. The post Korean Prosecutors Consider Bringing Ponzi Scheme Charges Against Terraform Labs’ CEO appeared first on BeInCrypto. origin »

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Brazilian Crypto Exchange Refunds TerraUSD (UST) at $1 for Customers, a New Precedent Set?.

A cryptocurrency exchange in Brazil has taken the unprecedented step of spending its own money to refund customers for their TerraUSD coins at the full rate. The post Brazilian Crypto Exchange Refunds TerraUSD (UST) at $1 for Customers, a New Precedent Set? appeared first on BeInCrypto. origin »

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Vitalik Buterin Explains What to Expect After The Merge This Summer Ahead of PoS Upgrade.

At the ETH Shanghai Web 3. 0 Developer Summit on Thursday, Ethereum co-founder Vitalik Buterin confirmed that the merge will likely occur this summer, despite being pushed ahead several times in the past. origin »

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The First Virtual WASM Conference: A 1-Day Virtual Event Dedicated to the Polkadot Smart Contracts.

The First Virtual WASM Conference will be held on May 31st, 2022. Free registration: https://wasm-conference. com. 1500+ attendees will be at this virtual event, the registration is free. The conference is pioneered by Supercolony venture studio and supported by Polkadot Treasury. origin »

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There Was No Terra ‘Attack’.

Conspiracy theories won’t save you from financial reality, says CoinDesk's chief insights columnist. origin »

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Terra collapsed because it used hubris for collateral — Knifefight.

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