Venezuela shuts down the mining industry
The Venezuelan government has suspended connections between Bitcoin-Mining-Firms and the national Power-System. The reason for this is that Venezuela is experiencing power shortages. In addition, media reports suggest that the state-owned oil company PDVSA is facing a fraud investigation, which is why this step seemed necessary.
CRACKDOWN IN VENEZUELA
Crackdown on mining industry begins, hundreds of mining device are seized in Venezuela.
EARN
-
$5k CTA Giveaway: HTX users need to promote HTX and "Cross The Ages" GameFi with Filling a form. Last date is May 23rd.
-
$30k ARROW Airdrop: Gate io Airdrop of 86455 ARROW token in initial offering. Duration is May 20 to 22.
-
$70k NYAN Airdrop: Gate io Airdrop of $70k in NYAN token in initial offering. Subscription period is May 19 to 21.
BITCOIN
Preparing for Bitcoin Pizza Day
The month of May is underway, and the 22nd is Bitcoin Pizza Day; preparations for this have already begun. Many platforms host competitions. Are you too planning to celebrate Bitcoin Pizza Day?
BUSINESS & POLITICS (EU)
Kraken will not delist USDT
There was a supposed development for Kraken, that it might end the support of USDT in the EU-Market, as per MiCA-Regulation. However, the rules have not yet been finalized as per Kraken official Mark Greenberg, so there is no need for Kraken to delist the Stablecoin, and Kraken will continue to support USDT in the EU-Market.
TRADING & WHALE
A smart trader become Whale
According to Lookonchain, Sundayfunday.sol traded 421 $SOL for 1.43B $BOME Token in Pre-sale, then he traded 530B $BOME for 38,305 $SOL; he became a SOL-Whale and the largest individual holder of $BOME. Whale Sundayfunday.sol then traded 13 SOL for 242M $IDOL, which bullied more than 990 times.
EIGENLAYER & ETHEREUM
EigenLayer having Ethereum Maxis
Justin Ðrake, an Ethereum researcher, has recently joined the EigenLayer's advisory board. According to Drake, there are other Ethereum Foundation staff members, who have formal relationships with EigenLayer businesses and get millions of dollars in tokens.