Cointelegraph

⁠China returns as 2nd top Bitcoin mining hub despite the crypto ban China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year.

⁠RBI warns of crypto 'dollarization' of Indian economy Crypto "will seriously undermine the RBI's capacity to determine monetary policy and regulate the monetary system of the country," according to Reserve Bank of India…

⁠Twitch co-founder raises $24M for Web3 gaming firm Metatheory The funding round led by Web3-focused venture capital firms will be used for upcoming non-fungible tokens (NFTs), comics, and a play-to-earn game slated for…

⁠Japan’s largest investment bank Nomura readies new crypto subsidiary The leading Japanese bank plans on establishing a crypto subsidiary outside of Japan and will acquire about 100 personnel to work in the digital asset…

⁠Miami and New York City coins tank despite Mayoral endorsements “People will stop mining the coin if they can’t make money off of it,” according to Michael Bloomberg who referred to the two previously hyped city coins.

⁠Stablecoin supplies and cash reserves in question amid crypto exodus The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.

⁠Coinbase unveils Web3 mobile Dapp and DeFi wallet and browser Coinbase is rapidly expanding its product offerings this month as some select users can now access DeFi and other Dapps on Ethereum through the Coinbase app.

⁠Portugal to lose crypto tax haven status as state announces gains duties The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender.

⁠US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. curren…

⁠BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools 12 new vaults, quad-stablecoin liquidity pools and an integration with Oasis Network could be the factors behind BIFI’s current triple…

⁠California regulator will revisit long-running ban on crypto donations on May 19 “This has been on our radar since late last year,” said California’s Fair Political Practices Commission communications director Jay Wiere…

⁠MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset.

⁠Do Kwon proposes Terra hard fork to save ecosystem Terraform Labs will put the proposal up for a governance vote on May 18 Asia time.

⁠Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep bu…

⁠Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market mark…

​​First-of-its-kind mobile NFT explorer provides users a clear overview of digital collectibles Investment tracking application with over 3 million downloads extends offering to include a first-of-its-kind mobile NFT tra…

⁠Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price.

⁠Celsius Network's crypto mining subsidiary SEC filing suggests plans for IPO The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or…

⁠Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC $20,000 or $32,000? Both feature in the outlook for Bitcoin price action going forward.

⁠The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures Chief financial officer André Milanez said that the product will launch within the next 6 months.

⁠Digital euro could come as soon as 2026 — ECB official Commenting on the recent market volatility, Fabio Panetta also said stablecoins were still “vulnerable to runs,” just as investing in cryptocurrencies carried certa…

⁠Life-changing money: The 10 most expensive NFTs sold to date When nonfungible tokens are raking in incredible prices, have a look at the 10 most expensive NFTs sold to date.

⁠Polygon and others extend helping hand to Terra blockchain projects These efforts are sure to help get many Terra projects back on their feet following last week's devastating events.

⁠Deus Finance’s dollar-pegged stablecoin DEI falls below 60 cents Following the fall of TerraUSD, DEI, the algorithmic stablecoin by DEUS Finance, takes a nosedive below 60 cents.

⁠CBDC activity heats up, but few projects move beyond pilot stage Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow.

​​Public blockchain KuCoin Community Chain aims to solve high gas fees on Ethereum People’s exchange and native token development community come together in white paper release to develop a public chain with lower fee an…