Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text
Over $8 million in fees have been paid to the network by inscription creators since their inception.Source
UK Set to Ban Cold Calls Selling Financial Products, Including Crypto
The reported value of U.K. cryptocurrency fraud climbed 32% to £226 million in the year ending in September 2022.Source
Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government
Bitdeer said the agreement marks “a crucial expansion into Asia” and expects fundraising efforts to commence this month.Source
Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does not Signal End of Tightening
We expect that Chair Powell may shy away from being definitive when it comes to a pause which may disappoint the market, one crypto trader said.Source
Pepecoin Overtakes Dogecoin, Shiba Inu Trading Volumes as Early Buyers Take Profits
One trader infamously took on a 50% slippage for getting out of their pepe position.Source
BitFlyer USA Fined $1.2M by NYDFS for Not Meeting Cybersecurity Requirements
https://www.dfs.ny.gov/system/files/documents/2023/05/ea20230502_bitflyer_usa_inc.pdfSource
First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient
ALSO: A crypto markets analyst suggests that the U.S. central bank may not be finished with interest rate hikes, even if it raises the rate on Wednesday as expected.Source
Bitcoin Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data
Ether also rose. Equity markets dropped, including stocks of two regional banks.Source
‘Bitcoin Request for Comment’ Tokens Surge to $137M in Market Value
The BRC-20 standard sounds like the popular ERC-20, but the two are different, with the former lacking the ability to interact with smart contracts.Source
Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
Resolving the company’s murky corporate design could prove key to recoveries for customers and Series B investors.Source