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
Crypto should be regulated as gambling, UK lawmakers say
https://www.reuters.com/technology/crypto-should-be-regulated-gambling-uk-lawmakers-say-2023-05-16/
Cryptoverse: Every frog has its day as pepe pops 7,000%
https://www.reuters.com/technology/cryptoverse-every-frog-has-its-day-pepe-pops-7000-2023-05-16/
Bitcoin Miner Bit Digital Adds Machines in Iceland Before Possible U.S. Tax Crackdown
https://www.wsj.com/articles/bitcoin-miner-bit-digital-adds-machines-in-iceland-before-possible-u-s-tax-crackdown-9e645b31
Why Web3 and the AI-Internet Belong Together
https://finance.yahoo.com/news/why-web3-ai-internet-belong-171817794.html
Crypto and NFT Market Update – May 17th
https://finance.yahoo.com/video/crypto-nft-market-may-17th-071357189.html
Top Artificial Intelligence (AI) Platforms for Generating NFTs in 2023
https://nftplazas.com/ai-platforms-for-nfts-2023/
NFT Trading Volume on Track to Drop Below $1B, But Does That Metric Matter?
https://www.coindesk.com/web3/2023/05/18/nft-trading-volume-on-track-to-drop-below-1b-but-does-that-metric-matter/
Beyond the JPEG: Web3 Is Expanding the Artist’s Canvas Through Immersive IRL Experiences
https://www.coindesk.com/web3/2023/05/19/beyond-the-jpeg-web3-is-expanding-the-artists-canvas-through-immersive-irl-experiences/
Crypto
Bankrupt crypto lender Voyager Digital predicts 35% customer payout
https://www.reuters.com/technology/bankrupt-crypto-lender-voyager-digital-predicts-35-customer-payout-2023-05-17/
FTX seeks to claw back over $240 million from Embed acquisition
https://www.reuters.com/legal/ftx-seeks-claw-back-over-240-mln-embed-acquisition-2023-05-18/
EU states approve world’s first comprehensive crypto rules
https://www.reuters.com/technology/eu-states-approve-worlds-first-comprehensive-crypto-rules-2023-05-16/
EU Council adopts first legal framework to regulate crypto sector
https://www.reuters.com/technology/eu-council-adopts-first-legal-framework-regulate-crypto-sector-2023-05-16/
Bankrupt Crypto Company Celsius Could Get New Life From Wall Street
https://www.wsj.com/articles/bankrupt-crypto-company-celsius-could-get-new-life-from-wall-street-3ee6df0f
Tether to Buy More Bitcoin for Stablecoin Reserves
https://www.wsj.com/articles/tether-to-buy-more-bitcoin-for-stablecoin-reserves-eaeeee3d
No, MetaMask Will Not Withhold Your Crypto for Taxes
https://finance.yahoo.com/news/no-metamask-not-withhold-crypto-204830173.html
Biden Slams Wealthy Crypto Traders as U.S. Budget Talks Resume
https://finance.yahoo.com/news/biden-slams-wealthy-crypto-traders-195408418.html
Presidential Candidate Kennedy Vows to Defend Bitcoin Against ‘Invasive Surveillance’
https://finance.yahoo.com/news/presidential-candidate-kennedy-vows-defend-173541052.html
3 Cryptos to Sell in May and Go Away
https://finance.yahoo.com/news/3-cryptos-sell-may-away-155637819.html
NFT
NFT Marketplace DIBA Goes Live on ‘Really Good for Bitcoin’ Smart Contracts
https://finance.yahoo.com/news/nft-marketplace-diba-goes-live-074804937.html
ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth
https://finance.yahoo.com/news/apecoin-dao-approves-proposal-boost-110849187.html
Wow Bao Cooks Up a Fresh New NFT Loyalty Program
https://nftplazas.com/wow-bao-nft-loyalty-programme/
Bitcoin Frogs NFT Sales Leap to Top Spot
https://nftplazas.com/bitcoin-frogs-nft/
Pudgy Penguins Drop IRL Toy Collection and Pudgy World Social Hub
https://nftplazas.com/pudgy-penguins-toy-collection/
BTC, Satoshi Nakamoto, and JPEGs, Is this the First Ever NFT?
https://nftplazas.com/first-ever-nft/
Assassin’s Creed NFT Smart Collectibles Hit the Market
https://nftplazas.com/assassins-creed-nft-smart-collectibles/
China’s top prosecuting body issues warnings, guidance about country’s NFT market
https://forkast.news/headlines/china-issues-nft-warnings-guidance/
Bitcoin history shows first financial transaction was almost an NFT
https://forkast.news/bitcoin-nft-history-token-unearth/
Zombie-themed Deadfellaz NFTs Let You Bring the Avatars to Life on Video
https://www.coindesk.com/web3/2023/05/19/zombie-themed-deadfellaz-nfts-let-you-bring-the-avatars-to-life-on-video/
Cyber Crimes
North Korean hackers stole $721 million in cryptocurrency from Japan – Nikkei
https://www.reuters.com/technology/north-korean-hackers-stole-721-million-cryptocurrency-japan-nikkei-2023-05-15/
Microsoft Warns of Increase in Business Email Compromise Attacks
https://www.infosecurity-magazine.com/news/microsoft-warns-increase-bec/
Cyber Warfare Escalates Amid China-Taiwan Tensions
https://www.infosecurity-magazine.com/news/cyber-warfare-escalates-amid/
Apple’s App Store Blocks $2bn in Fraudulent Transactions
https://www.infosecurity-magazine.com/news/apples-app-store-blocks-fraud/
Experts Warn of Voice Cloning-as-a-Service
https://www.infosecurity-magazine.com/news/experts-warn-of-voice/
Metaverse
The Sandbox Alpha Season 4 Explores Italy’s Elegance with Cipriani
https://nftplazas.com/the-sandbox-season-4/
The Role of AI in the Future of the Metaverse (Video)
https://www.coindesk.com/video/the-role-of-ai-in-the-future-of-the-metaverse/
Landvault CEO on Future of the Metaverse (Video)
https://www.coindesk.com/video/landvault-ceo-on-future-of-the-metaverse/
Web3 News
Headlines of the Week:
- Global securities watchdog to propose rules for cryptoassets (Reuters)
- Jump Trading Did Secret Deal to Prop Up TerraUSD Stablecoin, SEC Says
(WSJ) - XRP gains as SEC motion denied; NFT index down; US investors anticipate
debt ceiling deal (YahooFinance) - Japan vies to be ‘number one again through web3 innovation’ | The Crypto
Mile (YahooFinance) - Mattel Accelerates Web3 Universe with Fast & Furious NFTs (NFTPlazas)
- Web3 Educators Combine Brains to Unveil ‘HeyMint’ NFT Launchpad
(NFTPlazas) - Endaoment Expands Web3 Charitable Fundraising Efforts With
GlobalGiving Partnership (Coindesk)
This Week in the Market: (CoinMarketcap)
- The global crypto market cap is $1.12T, a 0.93% Decrease over the last Day
- Bitcoin is at $26,715.99 and is Down 0.81%over the last 7 days
- Ethereum is at $1,800.41 and is Up 0.16% over the last 7 days
- BNB is at $306.75 and is Down 1.54% over the last 7 days
Key Dates/Events
- 01 June – 02 June – Crypto Valley Conference
- 04 June – 04 June – Aurora Conference
- 09 June – 09 June – Epic Web3
Accounts to Follow
This week we have @VitalikButerin, Vitalik Buterin is the co-founder of Ethereum, the second-largest cryptocurrency by market capitalization. He is a prominent figure in the crypto community and tweets about everything from technical updates to his personal views on the industry.
