One-Minute Crypto News – May 16, 2022

Terra USD was crypto’s biggest algorithmic Stablecoin and now it has crashed. Total number of Shiba holders has risen to 1,169,694 wallets. ADA, SOL, and AVAX are leading the crypto market...

One-Minute Crypto News – May 16, 2022

  • Terra USD was crypto’s biggest algorithmic Stablecoin and now it has crashed. “Bloomberg Crypto”

  • According to Justin Sun, the net supply of USDC on TRON Blockchain jumped by more than 24 percent. “U Today”

  • Total number of Shiba holders has risen to 1,169,694 wallets. “U Today”

  • Officials from the US, UK, Canada, Australia, and the Netherlands have shared data and identified more than 50 crypto-related criminal leads. “Bitcoin News”

  • The Bitcoin network mining difficulty reaches a new all-time high, exceeding 30-trillion mark for the first time in history. “Coin Telegraph”

  • Unlicensed Iranian crypto miners consumed 645 megawatts of electricity. “Bitcoin News”

  • ADA, SOL, and AVAX are leading the crypto market. “U Today”

  • Seven days. That’s how long it took for the LUNA ecosystem to crash. “Coin Telegraph”

  • Global market regulators are likely to launch a joint body within the next year to better coordinate crypto regulations. “Bitcoin News”

  • An SEC commissioner expects to see stricter regulation on Stablecoins. “Bitcoin News”