This week, we dive into the world of Blockchain to explore the latest trends and developments. From the newest regulations to cutting-edge projects, get ready to
stay up to date.
Technology
Cryptoverse-Tether gets a lift from stability doubts
https://www.reuters.com/technology/cryptoverse-tether-gets-lift-stability-doubts2023-05-09/
Bank of Canada launches public consultations on digital C$
https://www.reuters.com/business/finance/bank-canada-launches-publicconsultations-digital-c-2023-05-08/
Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum
https://finance.yahoo.com/news/lido-community-weighing-chain-vote203228187.html
Ethereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours
https://finance.yahoo.com/news/ethereum-resumes-finalizing-blocks-second193218000.html
IRS, Chainalysis and Ukraine Targeting Russian Crypto Sanctions Evaders Jointly
https://finance.yahoo.com/news/irs-chainalysis-ukraine-targeting-russian172053871.html
NFT Platform Vibe Raises a Massive $4m in Series Funding
https://nftplazas.com/nft-platform-vibe/
Palm NFT Studio Unveils Slick New Generative Art Tool
https://nftplazas.com/palm-nft-studio-art-tool/
Bitcoin, Ether fall along with most cryptos; U.S. futures strengthen as inflation in April slowed
https://forkast.news/markets-bitcoin-ether-fall-along-most-cryptos-u-s-futuresstrengthen-inflation-april-slowed/
Crypto
Bittrex approved to borrow $7 mln bankruptcy loan in bitcoin
https://www.reuters.com/markets/deals/bittrex-approved-borrow-7-mlnbankruptcy-loan-bitcoin-2023-05-10/
Stablecoin Tether’s reserves hit $81.8 billion in Q1 – reserves report
https://www.reuters.com/technology/stablecoin-tethers-reserves-hit-818-billionq1-reserves-report-2023-05-10/
Ex-Coinbase Worker Gets Two-Year Prison Term in First Cryptocurrency InsiderTrading Case
https://www.wsj.com/articles/ex-coinbase-worker-gets-two-year-prison-term-infirst-cryptocurrency-insider-trading-case-baed7774
U.S. Exchanges List More Than a Dozen Cryptos the SEC Says Are Illegal to Sell
https://www.wsj.com/articles/u-s-exchanges-list-more-than-a-dozen-cryptos-thesec-says-are-illegal-to-sell-6c323b4
Is Bitcoin Useless?
https://finance.yahoo.com/m/1e652257-a44d-3082-8c59-9ab84c468bed/isbitcoin-useless-.html
Bitcoin, Ether fall along with most top 10 cryptos; U.S. futures rise ahead of debt ceiling negotiations
https://finance.yahoo.com/news/bitcoin-ether-fall-along-most-103325772.html
Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge
https://finance.yahoo.com/news/frogs-fevers-fees-bitcoin-governance183000831.html
First Mover Asia: Expect Bitcoin to Hit $25.2K Soon: Strategist
https://finance.yahoo.com/news/first-mover-asia-expect-bitcoin-000029269.html
Dogecoin Rival Pepe Hooks Crypto Whales. A Memecoin Frenzy May Just Be Starting.
https://finance.yahoo.com/m/68f1f3b6-6ede-3d63-b284-5c7a84381814/dogecoinrival-pepe-hooks.html
NFT
Binance’s NFT Marketplace Adds Support for Bitcoin NFTs
https://finance.yahoo.com/news/binance-nft-marketplace-adds-support090000652.html
Elon Musk Tweets a Milady NFT, Floor Price Soars on OpenSea
https://finance.yahoo.com/news/elon-musk-tweets-milady-nft-163559708.html
NFT Creator Royalties: A Battle Between Marketplaces and Creators
https://nftplazas.com/nft-creator-royalties/
‘Digital Collectibles’ – Why Some Projects Refuse to be Called NFTs
https://nftplazas.com/digital-collectibles-nfts/
Alo Yoga and MoonPay Boost Mental Health with Affirmation NFTs
https://nftplazas.com/alo-yoga-moonpay-nfts/
Gala Film Shapes Ghosts of Ruin Anime Series with Elite NFT Access
https://nftplazas.com/ghosts-of-ruin-nft/
Everything you need to know about Kusama NFTs
https://nftplazas.com/everything-about-kusama-nfts/
Gamers stand to win big with NFTs, they just don’t know it yet
https://forkast.news/nfts-gamers-win-big-they-just-dont-know-it-yet/
Cyber Crimes
PaperCut Software Flaw Sparks Ransomware Attacks, CISA
https://www.infosecurity-magazine.com/news/papercut-software-flaw-sparks/
Ransomware Attacks Adapt With New Techniques: Kaspersky Report
https://www.infosecurity-magazine.com/news/ransomware-new-techniques-2023/
“Greatness” Phishing Tool Exploits Microsoft 365 Credentials
https://www.infosecurity-magazine.com/news/greatness-phishing-exploits/
Manufacturers Targeted as Ransomware Victim Numbers Spike 27%
https://www.infosecurity-magazine.com/news/manufacturers-ransomware-victim/
Card ‘ID Theft’ Fraud Doubles in 2022
https://www.infosecurity-magazine.com/news/card-id-theft-fraud-doubles-in-2022/
Metaverse
TRU and MTV Join Forces for Epic Mental Health Festival in Decentraland
https://nftplazas.com/tru-and-mtv-decentraland/
Soar Through the Metaverse at the AlUla Skies Festival in Decentraland
https://nftplazas.com/alula-skies-festival-decentraland/
The metaverse is here. When will the party begin?
https://forkast.news/the-metaverse-is-here-when-will-the-party-begin/
Web3 News
Headlines of the Week:
- Crypto Companies Test the Public Markets (WSJ)
- Britain edging closer to digital pound decision, says minister (Reuters)
- ‘Ancient’ Bitcoin Changes Wallets After 12 Years Dormant (YahooFinance)
- Bitcoin Loses 10% on the Week as Memecoins Tumble (YahooFinance)
- Renault Accelerates into Web3 with RACING SHOE5 NFTs (NFTPlazas)
- CLUB 3 to Galvanize Web3 with High-End IRL Community Hub
(NFTPlazas) - Crypto and NFT Market Update – May 10th (Forkast)
- How blockchain gaming can break out of its niche and win over more people
(Forkast)
This Week in the Market: (CoinMarketcap)
- The global crypto market cap is $1.12T, a 0.09% Decrease over the last
Day - Bitcoin is at $26,850.41 and is Down 7.00%over the last 7 days
- Ethereum is at $1,793.50 and is Down 6.14% over the last 7 days
- BNB is at $311.48 and is Down 3.81% over the last 7 days
Key Dates/Events
- 18 May – 20 May – Bitcoin 2023
- 20 May – 21 May – ETHDam
- 01 June – 02 June – Crypto Valley Conference
Accounts to Follow
This week we have @Gladstein, Alex is the Chief Strategy Officer at the Human Rights Foundation, and as such, he provides continuous content on why bitcoin is such a force for financial equality and opportunity. Worth a follow on every level.
