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China’s City of Shenzhen has decided to airdrop 30 million digital Chinese Yuan (e-CNY) in red envelops with the help of a lotter program.
More info: https://bit.ly/3x1lHqc
The price of Terra (LUNA) briefly spiked around 90% overnight to an intraday high of $11.33 ahead of Binance’s airdrop but has since dropped back to around $8.26.
More info: https://bit.ly/3zdBeox
Kharon, a data and analytics company providing organizations with intelligence at the intersection of global security and commerce, today announced a partnership with Binance.
Through this partnership, Binance will utilize Kharon's industry-leading data and analytic platform in order to enhance its sanctions screening and broader KYC controls.
More info: https://bit.ly/3wVcgIT
BIT Mining reported a 40.4% dip in revenue from the previous three months, totaling $296.7 million.
The publicly traded Chinese company also saw a net income of $1.2 million, compared to a net loss of $4.1 million for the fourth quarter of 2021, according to an earnings report released on Friday.
More info: https://bit.ly/3NE1NqH
Solana’s (SOL) blockchain clock is currently adrift of real-world time by about 30 minutes due to longer than ideal slot times on the network, the project reported via its status page on Thursday.
More info: https://bit.ly/38RgnMR
Three Republican senators, Tom Cotton, Mike Braun and Marco Rubio, introduced a bill on May 25, aiming to limit the use of China’s central bank digital currency (CBDC) in the United States.
More info: https://bit.ly/39WWp3q
Cardano has hit another interoperability milestone as the Iagon Ethereum-Cardano token bridge goes live in beta version.
The token bridge was built to enable the conversion of your ERC-20 IAG tokens to CNT IAG tokens, so the tokens on the different blockchains (Ethereum and Cardano) can interact.
More info: https://bit.ly/3NtcJaG
Data shows that there were 1,139,421 holders of the token on April 27 compared with 1,169,989 on May 26, representing a total increase across this time frame of 30,568, as per CoinMarketCap statistics.
More info: https://bit.ly/3wPTTUz
Uniswap Protocol announced that more than $1 trillion worth of cryptocurrencies have been traded on the exchange since its launch in 2018.
More info: https://bit.ly/3NBddvl
The World Bank has signalled its concerns over the Central African Republic (CAR) adopting Bitcoin (BTC) as a legal currency and says it won’t support the newly announced “Sango” crypto hub.
More info: https://bit.ly/3Glnc5C
Huobi has announced it will list LUNA 2.0 once it goes live to support the recovery plan of Terraform Labs following the collapse of TerraUSD and token Terra (LUNA). The LUNA 2.0 will be released through an airdrop.
Binance has also expressed commitment to support the revival through LUNA 2.0. Through a Twitter post on May 25.
More info: https://bit.ly/3sXp7Yt
JPMorgan has said bitcoin's fair price is 28% higher than its current level, implying "significant upside from here" after a dramatic sell-off in cryptocurrencies.
The bank said in a note on Wednesday that cryptos have overtaken real estate as one of its preferred "alternative assets" — assets that don't fall into typical categories such as stocks and bonds.
More info: https://bit.ly/3MUv00Q
Venture capital behemoth Andreessen Horowitz (a16z) has raised the largest-ever crypto venture fund: $4.5 billion.
The fund will invest in Web3 startups that run the gamut from DeFi, to gaming, infrastructure, DAOs, NFTs, privacy, decentralized social media “and many other areas.”
More info: https://bit.ly/3PKium4
The Avalanche core team has submitted a proposal idea to the ApeCoin DAO, suggesting that the Otherside metaverse should migrate to the Avalanche blockchain. The proposal is still in an early discussion phase and is not clear if it will go through a formal governance vote.
More info: https://bit.ly/3sYBSSS
Mercado Bitcoin, the largest cryptocurrency and digital asset platform in Latin America, announced its partnership with the Stellar Development Foundation (SDF) to participate in the development of Brazil’s CBDC.
More info: https://bit.ly/3LKJkY8
The team behind the Terra (LUNA) project has clarified via Twitter that the blockchain is not actually undergoing a hardfork, but rather the new chain created will be the genesis of a new blockchain.
More info: https://bit.ly/3MI6PCl
Suarez’s comments came during his discussion on “The Future of Crypto” on the third day of the ongoing World Economic Forum (WEF) 2022 at Davos. He said:
“We live in a world where investors only look at things from a return perspective, but Bitcoin should be seen from an innovative and technology perspective.”
More info: https://bit.ly/38Kc4Tv