One-Minute Crypto News – May 19, 2022

Terra to burn 1.4 billion UST and stake 240 million LUNA to stop the bleeding. Dogecoin holders might soon be able to swap Doge without paying network fees on Robinhood. Cloudflare informed...

One-Minute Crypto News – May 19, 2022

  • Terra to burn 1.4 billion UST and stake 240 million LUNA to stop the bleeding. “Coin Telegraph”

  • Aave launches open-source platform for social networking DApps on Polygon. “Coni Telegraph”

  • Dutch regulators say crypto not yet suitable as means of payment or investment. “Coin Telegraph”

  • South Korean regulators have recommended coin issuers and crypto exchanges be authorized to operate through a licensing system. “Coin Telegraph”

  • Dogecoin holders might soon be able to swap Doge without paying network fees on Robinhood. “U Today”

  • Cloudflare informed that it will be running Ethereum validator nodes as part of its experiment. “Bitcoin News”

  • Do not be fooled by UST price increase to $0.3 as it might be part of a bug. “U Today”

  • The head of Goldman Sachs says he does not have a strong opinion on crypto. “U Today”

  • The team behind LUNA might have lost their legal team. “Coin Telegraph”

  • Bank of England stated that cryptocurrencies are not viewed as a financial investment by retail investors. “U Today”