Short cryptonews for this week 22/52 (2022)

Short cryptonews for this week 22/52 (2022)

By Pasucaru | Crypto on fire | 4 Jun 2022


- After recovering a few colors, Bitcoin returns below $30,000. Despite a difficult period, Bitcoin remains the 10th largest asset in the world with a capitalization of 570 billion dollars ahead of Visa and Mastercard among others.

- Ethereum's transition to Proof Of Stake in the testnet Ropsten take place in early June.

- Middle Eastern oil companies will use excess gas to mine Bitcoin. Crusoe, a Denver-based bitcoin mining company, deploys equipment to capture flue gases in Muscat, Oman. (Bitcoinmagazine)

- Binance Labs has raised $500 million for the creation of a new investment fund that will support promising projects in the Blockchain and Web3 ecosystem.

- KuCoin is launching a new decentralized wallet that will expand its services to all things DeFi, GameFi, and NFTs. (ethereumworldnews)

- The Mexican restaurant chain Chipotle will accept cryptocurrencies as a means of payment. They are found in the USA, UK, Canada, Germany and France. (watcher.guru)

- Argentinian savers are still increasingly attracted to cryptocurrencies to compensate for years of painful inflation, which today reaches almost 60%. (Reuters) . By the way, the Argentina national football team is sponsored by Binance.

- The South Korean government will devote a budget of 177 million dollars to invest in the metaverse. (Bitcoinist)

- Japan's parliament has passed a law defining the legal status of stablecoins as a digital currency

- The Central African Republic government has identified the tokenization of its natural resources (primarily minerals) as the next step in its digitization efforts. The landlocked African nation became the first on the continent to adopt bitcoin as legal tender in April.

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Pasucaru
Pasucaru

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Crypto on fire
Crypto on fire

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