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

Norway should move faster on crypto rules, central bank says
https://www.reuters.com/technology/norway-should-move-faster-crypto-rulescentral-bank-says-2023-05-25/

ECB’s Panetta: Digital euro could be launched in three to four years
https://www.reuters.com/technology/ecbs-panetta-digital-euro-could-belaunched-three-four-years-2023-05-24/

Bali Tells Tourists: Don’t Pay With Crypto
https://finance.yahoo.com/news/bali-tells-tourists-don-t-103700854.html

Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways
https://finance.yahoo.com/news/indian-crypto-exchanges-survival-mode020000603.html

First Mover Americas: Digital Currency Group Is Closing Down TradeBlock
https://finance.yahoo.com/news/first-mover-americas-digital-currency120007206.html

Elon Musk’s latest financial advice: Don’t pour your life savings into dogecoin
https://finance.yahoo.com/news/elon-musks-latest-financial-advice090136879.html

Are deposit tokens the new stablecoins — or a wolf in sheep’s clothing?
https://finance.yahoo.com/news/deposit-tokens-stablecoins-wolf-sheep090100447.html

3 Cryptos to Buy Before They Soar to New Heights in 2023
https://finance.yahoo.com/news/3-cryptos-buy-soar-heights-133438511.html

Crypto

Blockchain.com CEO says US default would hit crypto initially
https://www.reuters.com/technology/blockchaincom-ceo-says-us-default-wouldhit-crypto-initially-2023-05-25/

EU watchdog calls for curbing leverage in crypto trading
https://www.reuters.com/technology/eu-watchdog-calls-curbing-leverage-cryptotrading-2023-05-25/

No way to police all cryptocurrency fraud, CFTC commissioner says
https://www.reuters.com/technology/no-way-police-all-cryptocurrency-fraud-cftccommissioner-says-2023-05-23/

Hong Kong regulator to issue crypto licences with retail investor guardrails
https://www.reuters.com/technology/hong-kong-regulator-issue-crypto-licenceswith-retail-investor-guardrails-2023-05-24/

Crypto sector gets its first set of global rules from watchdog
https://www.reuters.com/business/watchdog-proposes-first-set-global-rulescrypto-sector-2023-05-23/

At Bitcoin Conference, ‘No Bears Allowed’
https://www.wsj.com/articles/at-bitcoin-conference-no-bears-allowed-46295ad1

Bitcoin Touches $28,000 as U.S. Debt Ceiling Deal Heads to Congress
https://finance.yahoo.com/news/bitcoin-touches-28-000-u-101410147.html

Bitcoin’s Short-Term Holders Are Again Selling at Profit
https://finance.yahoo.com/news/bitcoins-short-term-holders-again095253768.html

Bitcoin is on a tear in 2023. Here’s where 4 crypto pros see the coin headed by the end of the year.
https://finance.yahoo.com/news/bitcoin-tear-2023-heres-where-123000648.html

NFT

Bitcoin and Ethereum: Two titans battle for NFT supremacy
https://finance.yahoo.com/news/bitcoin-ethereum-two-titans-battle164002178.html

Binance Launching NFT Loan Feature
https://finance.yahoo.com/news/binance-launching-nft-loan-feature133409577.html

Formula 1 Races into the Game-Changing Realm of NFT Ticketing
https://nftplazas.com/formula-1-nft-ticketing/

Takashi Murakami Gagosian Exhibit to Spotlight Art and Free NFTs
https://nftplazas.com/takashi-murakami-gagosian/

Ubisoft Rabbids NFTs Hop into the World of Reddit
https://nftplazas.com/ubisoft-rabbids-nfts/

Shaquille O’Neal Faces Trial Over Ties to the ‘Astrals’ NFT Project
https://nftplazas.com/shaquille-oneal-astrals-nft/

The PBA Bowls NFTs into its Awards Loyalty Program
https://nftplazas.com/pba-nft-loyalty-program/

VeeCon: Rekindling the NFT Community’s Fire
https://forkast.news/veecon-rekindling-the-nft-communitys-fire/

Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues
https://www.coindesk.com/web3/2023/05/25/nike-of1-nft-sale-surpasses-1mdespite-delays-tech-issues/

Cyber Crimes

Hacker Who Robbed Crypto Laundering Service Tornado Cash Uses It to Mask Loot
https://finance.yahoo.com/news/hacker-robbed-crypto-laundering-tornado101618713.html

Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report
https://finance.yahoo.com/news/crypto-hacks-down-hackers-tend214123150.html

Backup Repositories Targeted in 93% of Ransomware Attacks
https://www.infosecurity-magazine.com/news/backup-targeted-93-per-cent/

AI Used to Create Malware, WithSecure Observes
https://www.infosecurity-magazine.com/news/ai-create-malware-withsecure/

ESET: Android App ‘iRecorder – Screen Recorder’ Trojanized with AhRat
https://www.infosecurity-magazine.com/news/eset-android-app-trojanized-ahrat/

Metaverse

OneLand Metaverse Market Analysis: May 22-28
https://nftplazas.com/metaverse-market-analysis-may-22/

Decentraland’s Metaverse Pride 2023 to Uplift the LGBTQIA+ Community
https://nftplazas.com/decentraland-metaverse-pride-2023/

5 Must See Art Destinations in the Voxels Metaverse
https://nftplazas.com/art-galleries-voxels-metaverse/

The BBC Brings Doctor Who and Top Gear into The Sandbox Metaverse
https://nftplazas.com/bbc-doctor-who-top-gear-the-sandbox/

China: Zhengzhou City proposes metaverse plan
https://forkast.news/headlines/china-city-proposes-metaverse-plan/

Only 4% of South Koreans use metaverses, survey reveals
https://forkast.news/headlines/south-korea-metaverse-survey-reveals/

Web3 News

Headlines of the Week:

  • OpenAI’s Sam Altman raises $115 million for Worldcoin crypto project
    (Reuters)
  • Cryptoverse: Busy bitcoin births new breed of crypto (Reuters)
  • Web3-Friendly Browser Brave Introduces NFT-Gated Video Calls
    (YahooFinance)
  • Beijing releases Web3 white paper, highlights challenges in talent, rules
    (Forkast)
  • Pudgy Penguins NFT Project, Once Endangered, Proves Web3 Turnaround
    Is Possible (Coindesk)
  • Web3 Move-to-Earn Game STEPN Integrates Apple Pay for In-Game
    Purchases (Coindesk)
  • The Invisible Hand Restricting Bitcoin and Ether Price Swings
    (YahooFinance)

This Week in the Market: (CoinMarketcap)

  • The global crypto market cap is $1.16T, a 2.31% Increase over the last Day
  • Bitcoin is at $27,884.38 and is Up 4.35% over the last 7 days
  • Ethereum is at $1,897.88 and is Up 4.83% over the last 7 days
  • BNB is at $316.02 and is Up 2.52% 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 @aantonop, Andreas is one of the most prominent Bitcoin ambassadors on the planet and delivers that message monthly from stages across the world and daily on Twitter.