Kryptowaluty & blockchain, news from May 13, 2022
Contents:
at 8:00 p.m.
Until Kwon, he calls for police protection
Seongdong police in Seoul are reportedly investigating a break-in at Terraform Labs Do Kwon’s apartment. This case comes amid the huge drama in the Terra ecosystem over the past week. -> learn more
Elon Musk’s takeover of Twitter postponed
Twitter shares fell 18.5% in the pre-sale after Musk said the deal to acquire Twitter had been delayed. -> learn more
Grayscale Bitcoin Trust rebate hits all-time low of 30.79%.
The $18.3 billion Grayscale Bitcoin Trust (GBTC), the world’s largest bitcoin fund, saw its market discount rise this week to an all-time low of 30.79%, the data showed. -> source: Coindesk
Ethereum whale transactions peak in 4 months
Ethereum Whales has seen a surge in activity over the past few days, again yesterday completing nearly 2,600 transactions worth over $1 million each. This is the result of data from the analysis company Santiment.
🐳 #EthereumThe whales of ‘s were extremely active today, triggering 2,596 transactions valued at $1 million or more. It’s the highest day for whale trades since January, and something to watch if $ETH falls below $2k for the first time since last July. https://t.co/FZoTsFJwEn pic.twitter.com/MVFEpzysxN
– Santiment (@santimentfeed) May 11, 2022
at 4:00 p.m.
Emirates Airlines intends to accept payments in BTC
The national airlines of the United Arab Emirates also plan to use other Web3 technologies such as the metaverse and NFT tokens. Official statements about this appeared during the Arabian Travel Market. –-> learn more
Proposed BTC ban rejected in Norwegian parliament
In a vote on May 10, Norwegian MPs rejected a proposal by the Red Party (Norwegian communists) that wanted large-scale cryptocurrency mining banned. According to research by Arcane Reaserch, mining operations in the Scandinavian country use 100% renewable energy. -> learn more
Binance and OKX exchanges remove Luna and UST
Binance, OKX, Bybit and eToro are the latest platforms to remove all trading pairs with Luna and UST.
Binance CEO CZ commented on Twitter saying he was concerned about user safety and was “very disappointed” with the LUNA team’s response to the cryptocurrency crash.
1. To #binance we prioritize user protection. We have taken the decision to suspend trading of LUNA and UST. Here’s why.
A thread 👇
– CZ 🔶 Binance (@cz_binance) May 13, 2022
Blockchain Terra resumes operations
Blockchain Terra has restarted after a 9-hour downtime, cryptocurrency developers reported.
The Terra blockchain has resumed block production.
Validators have decided to disable on-chain exchanges and IBC channels are now closed.
Users are encouraged to link off-chain assets, such as bETH, to their native chains.
Note: The Wormhole Bridge is currently unavailable.
– Terra (UST) 🌍 Powered by LUNA 🌕 (@terra_money) May 13, 2022
However, there is no indication that Terra’s situation will improve. He was certainly not helped by reports that reports of a $3 billion cryptocurrency rescue loan from Swiss GAM Investments turned out to be fake news. LUNA currently has a price that starts with 4 decimal places.
South Korea will regulate cryptocurrencies in 2023
South Korea is preparing a new law regulating the cryptocurrency market – according to local media reports, the regulations will be passed next year and come into force in 2 years. -> learn more
Chainsmokers will give fans free NFT tokens
The musicians making up the duo The Chainsmokers have announced that they will spend 5,000 NFT tokens, which will be given to their most loyal fans. In addition to the collector’s value, their holders will be able to count on financial advantages – participation in the royalties of the group’s latest album. -> learn more
