Cointelegraph

⁠Crypto Biz: Helicopter CBDC money rains on Shenzhen, May 26—June 1 China's advanced CBDC strategy sees digital yuan airdropped to thousands of people. Meanwhile, Binance Labs raised $500 million for a new Web3 fund.

⁠Over 200K BTC now stored in Bitcoin ETFs and other institutional products Bitcoin ETPs now have more BTC under control on behalf of clients than ever before.

⁠Chainlink launches price feeds on Solana to provide data to DeFi developers Solana co-founder Anatoly Yakovenko noted that the integration will be beneficial to DeFi developers building on the platform.

⁠Terra 2.0: A crypto project built on the ruins of $40 billion in investors' money Terra 2.0 launced with the promise of helping to retrieve lost funds, but early indicators suggest launching a new token to compensate fo…

⁠New York AG warns against crypto investments amid state push to ban mining New York Attorney General Letitia James has issued an investor alert against "risky cryptocurrency investments," citing the assets' volatility.

⁠Japan passes bill to limit stablecoin issuance to banks and trust companies The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse.

⁠Bitcoin bounces to $30.7K as analyst presents Stock-to-Flow BTC price model rehash United States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold.

⁠New York State Senate passes Bitcoin mining moratorium The bill once, approved by Governor Kathy Hochul, would make New York the first state in the U.S to put a moratorium on crypto mining.

⁠Vitalik shows support for Optimism’s governance structure and OP gas proposal The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders a…

⁠Kenyan energy company entices Bitcoin miners with geothermal power The country’s main electricity producer has issued a general invite for Bitcoin miners looking to take advantage of its renewable energy facility near t…

⁠Crypto.com gets nod in Dubai and FTX launches in Japan Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese…

⁠'Pig slaughtering' crypto scams reap millions on Silicon Valley dating apps “I never thought it could happen to me because I use tech. I’ve written software,” a victim of the pig slaughtering scam noted.

⁠Maker founder proposes MetaDAOs and synthetic ETH in 'Endgame Plan' Rune Christensen has envisioned the final form of Maker governance, and it includes MetaDAOs, new governance tokens, and a new version of Synthetic Eth…

⁠Bitcoin bond still on hold, El Salvador accused of human rights violations El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won't be launched anytime soon.…

⁠OpenSea ‘insider trading’ case see NFTs labeled securities: Former SEC lawyer Former SEC lawyer says OpenSea insider trading case could end with NFTs labeled as securities

⁠3 reasons why Ethereum price is pinned below $2,000 ETH price is meeting strong resistance at the $2,000 level and these trading metrics explain why.

⁠401(k) provider ForUsAll sues US Labor Dept over anti-crypto compliance release The retirement plan fiduciary says warning about investigation of 401(k) plans that include cryptocurrency constitutes encroachment on priv…

⁠Ethereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility Ethereum's price action hangs around major swing lows despite the all-important Merge network upgrade. Analysis suggests ETH is discounted bel…

⁠This classic Bitcoin metric is flashing buy for first time since March 2020 The "Investor Tool" is now telling the market that "outsized returns" are due for anyone who buys Bitcoin now.

⁠After record growth, VC crypto investments decline 38% in May Venture capital investments in the crypto industry have almost doubled since last year, but are down 38.2% down since April.

⁠3 key indicators traders use to determine when altcoin season begins Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin.

⁠CFTC sues Gemini claiming the crypto exchange lied in futures contract evaluation The agency says the exchange gave false information in person and in documents in its 2017 bid to be among the first to offer Bitcoin fut…

⁠$32K Bitcoin price could turn the tides in Friday’s $160M BTC options expiry BTC price lost the momentum that pushed it to $32,300 on May 31, but this week’s option expiry could help bulls recapture the key price level.

⁠Balancer launches on Ethereum L2 network Optimism There are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scalability.

⁠These are the least 'stable' stablecoins not named TerraUSD Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse.

⁠Major crypto firms reportedly cut up to 10% of staff amid bear market Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018.

⁠Pride in the Metaverse: Blockchain tech creates new opportunities for LGBTQ+ people The Metaverse and NFTs are allowing people across the world to celebrate Pride Month in various ways.