One-Minute Crypto News – May 12, 2022
Crypto exchange Coinbase has disclosed for the first time its net loss of 430 million dollars in Q1 of 2022. Terra’s LUNA has plunged another 40 percent. Cardano’s algorithmic Stablecoin “Djed” is progressing. Crypto companies are looking...
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- Market collapse and internal scandals bring a lot of pain to NFT enthusiasts. “U Today”
- Crypto exchange Coinbase has disclosed for the first time its net loss of 430 million dollars in Q1 of 2022. “Coin Telegraph”
- Futures traders lost 106 million dollars on LUNA in the past 24 hours. “Coin Desk”
- About 360 million dollars Dogecoin moves by anonymous wallet to top 20 addresses. “U Today”
- Peter Schiff believes that a Stablecoin backed by Bitcoin is backed by nothing. “U Today”
- Cardano’s algorithmic Stablecoin “Djed” is progressing. “U Today”
- Terra’s LUNA has plunged another 40 percent. “U Today”
- Ease access to Intel chips is allowing companies like Argo to build Bitcoin mining rigs that compete with ASICs. “Coin Desk”
- Coinbase is now having issues with India’s universal payments interface as Central Bank brings informal pressures. “U Today”
- Crypto companies are looking to less bureaucratic jurisdictions for their activities, such as Bermuda. “Bloomberg Crypto”
