One-Minute Crypto News – May 02, 2022

Binance blocks crypto accounts of relatives tied to the Russian government. Shiba Swap decentralized exchange records over 37 trillion Shiba staked. The Solana Blockchain network is reco...

One-Minute Crypto News – May 02, 2022

  • Bitcoin network difficulty breaks into a new all-time-high of 29.794T. “Coin Telegraph”

  • Binance blocks crypto accounts of relatives tied to the Russian government. “Coin Telegraph”

  • Shiba Swap decentralized exchange records over 37 trillion Shiba staked. “U Today”

  • The Solana Blockchain network is recovering after going dark in a seven-hour outage following a significant rush of bots trying to mint NFTs on the crypto network. “Bloomberg Crypto”

  • Following a massive minting, Ethereum failed to satisfy the demand of investors. “U Today”

  • According to a prominent market analyst, Bitcoin may drop to 28 thousand dollars. “U Today”

  • Charlie Munger has stressed that Bitcoin is not a productive asset. “U Today”

  • This Wednesday, Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. “Bitcoin News”

  • Aggregated network hash rate and staked Ethereum amount both added 111 percent compared to the first quarter of 2021. “U Today”

  • Australians may have to wait a little longer for the debut of the nation’s first financial products offering direct expose to cryptocurrencies. “Bloomberg Crypto”