Short cryptonews for this week 21/52 (2022)

Short cryptonews for this week 21/52 (2022)

By Pasucaru | Crypto on fire | 28 May 2022


- Cryptocurrency market capitalization is down ~60% from a high of $3 trillion to $1.2 trillion currently. On previous declines, $BTC had done -93%; -87% and -85%. Today we are only at -57%.

- 12 years ago, a man paid 10,000 Bitcoin for two pizzas. Since the "Happy pizza day" is celebrated every May 22.

- On May 28, the Terra 2 mainnet will launch. The old Blockchain will become Terra classic. The sales snapshot for the pre-attack was already made on May 7th. Users will receive around 30% of the airdrop on May 28, the rest will be credited over the next two years.

- The bear market also affects Vitalik Buterin so he is no longer a billionaire, due to the fall of Ethereum. (Techtribune)

- CZ, the CEO of Binance, assures that if the exchange goes bankrupt, users will be reimbursed before shareholders. (nasdaq.com) By the way Binance becomes the first major crypto exchange to be licensed in Italy

- Coinbase is the first crypto company to be listed in Fortune 500. (fortune.com)

- The Brave browser now integrates the Solana blockchain, in addition to Ethereum.

- eBay launches its first NFT collection featuring key sports figures on Tezos.

- Swiss bank Dukascopy has integrated USDT deposits and withdrawals. (thenewscrypto.com)

- The Central African Republic is launching a crypto platform and aims to become the 1st African crypto hub with advantageous taxation. (Reuters)

- Portugal rejects bill to tax cryptocurrencies.

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Pasucaru
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