Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report

The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports.

After TerraUSD (UST) Depegging, Macro Guru Raoul Pal Says Stablecoin Regulation Could Be Coming

Macro guru and Real Vision CEO Raoul Pal says the recent issues with Terra’s algorithmic stablecoin, UST, may lead to new stablecoin regulation.

How Yuga Labs Could Have Avoided Otherdeed Ethereum NFT Mint Chaos: Infura Co-Founder

Infura co-founder E.G. Galano sees recent NFT minting and gas fee issues as history repeating itself.

Top Crypto Analyst Issues Warning to Bitcoin Traders, Says BTC Flush Below $30,000 Imminent

A closely followed crypto strategist who has remained long-term bullish on Bitcoin despite its weak price action says that another BTC sell-off event is in sight.

Top Trader Capo Issues Warning About Bitcoin (BTC) and Altcoins As Crypto Markets Suffer Downtick in Price

A popular crypto strategist and trader thinks that Bitcoin (BTC) and the altcoin markets are poised for a massive correction.

Why Avalanche is the Killer App for NFT Games: Ava Labs President

Avalanche’s subnets give game creators more flexibility and can insulate them from wider network issues, John Wu tells Decrypt.

How to avoid front runners on decentralized crypto exchanges

Splitting the transaction into multiple smaller transactions, periodic auction matching, and adjusting the low slippage are various ways to avoid front-running. Decentralized exchanges (DEXs) nip in the bud several issues concerning their centralized counterparts such as concentration of liquidity in the hands of a few players, compromise of funds in case of a security breach, closed control structure and more.

US Treasury Issues First Sanctions Against a Cryptocurrency Mixer

OFAC claims that crypto mixing service Blender has links to North Korean hackers and was used to launder funds stolen from Axie Infinity.

Two US Senators Pen Letter to Fidelity CEO Detailing Concerns With Proposed Bitcoin 401(k) Retirement Plans

Two members of the US Senate are writing a letter to financial services giant Fidelity presenting issues with the firm’s new plans to offer Bitcoin (BTC) as an option for 401(k) retirement plans.

Veteran Trader Tone Vays Issues Bitcoin (BTC) Alert, Says ‘Critical Low’ Incoming

Veteran crypto trader Tone Vays is updating his Bitcoin (BTC) forecast in the wake of the Federal Reserve’s interest rate hike which saw BTC experience volatile price action.

Solana (SOL) Developers To Introduce New Fee System To Optimize Network

Solana (SOL) plans to introduce a new fee system in addition to a host of other improvements as part of an effort to combat its repeated network issues.

Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s

US Senators requested Fidelity to explain how the firm is planning to address the risks of adding Bitcoin into retirement accounts by May 18. The United States government is growing increasingly concerned about Bitcoin (BTC) in retirement savings, with two Senators flagging some issues in Fidelity Investments’ plans to include Bitcoin (BTC) in 401(k) accounts.Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota expressed concerns over Fidelity’s decision to add BTC to its 401(k) investment plan in a letter to Fidelity CEO Abigail Johnson.Dated May 4, the letter suggests that Fidelity’s latest Bitcoin plan has potential conflict of interest, noting that Fidelity has been deeply involved in crypto since starting experimenting with BTC and ETH mining operations and integrating Coinbase accounts back in 2017.

California governor issues blockchain executive order building on US President’s regulatory efforts

"We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive," said California Governor Gavin Newsom. Gavin Newsom, the governor of California, has signed an executive order aimed at harmonizing a regulatory framework for blockchain between the federal government and the US state as well as spurring innovation in the space.

Uzbekistan's president issues decree to adopt special crypto framework

The Republic of Uzbekistan is preparing to adopt a new crypto regulatory framework including a 7.5% income tax on crypto-related salaries. The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree regulating the industry.Released on April 27, the new decree instructs a reorganization of a major presidential agency known as the National Agency for Project Management (NAPM).

Weiss Ratings issues warning over crypto mortgage risks

Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans.

Will Bitcoin Shoot Over $40,000 — Or Drop To $35,000?

The king of cryptocurrency, Bitcoin, has slumped below its price support following crucial development on EPA environmental issues and other factors.

Coin Bureau Issues Warning on TRON (TRX), STEPN (GMT), Nexo and Another Altcoin As Crypto Markets Teeter

The closely followed analyst and host of Coin Bureau is issuing warnings on a slew of altcoins that put in good performances last week, but face headwinds as crypto markets correct.

Crypto Trader Issues Bitcoin (BTC) Alert, Says Capitulation May Be Incoming – Here’s His Target

Widely followed crypto analyst Benjamin Cowen says that a strong capitulation for Bitcoin might be needed before traders can start talking about a bullish reversal.

Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading

The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev.

After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours

While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage.

Bahrain Central Bank Issues New Regulations Governing Operations of Crowdfunding Platforms

The Central Bank of Bahrain (CBB) has said new regulations compelling operators of crowdfunding platforms to ensure their products are suitable for clients are set to replace existing rules which were first issued in 2017.

Macro Economist Raoul Pal Issues Mass Liquidation Warning, Says Every Market Position You Have Is Likely Wrong

Macroeconomic expert Raoul Pal says global markets are locked in a mass liquidation phase – and he doesn’t expect a turnaround in the short term.

Senators Bragg and Lummis discuss crypto laws collaboration between US, Australia

“We want to be close to our friends in the United States on these issues as much as we can,” Australian Senator Andrew Bragg told Cointelegraph.

Top Analyst Benjamin Cowen Issues Crypto Alert, Warns Risk of Severe Bitcoin Sell-Off Rising

Popular crypto analyst Benjamin Cowen says the historical performance of Bitcoin (BTC) suggests that investing in altcoins right now remains risky.

European Central Bank Rep Says Satoshi Doesn’t Understand Money and Payments, Urges Global Crypto Regulation

A high-ranking official at the European Central Bank (ECB) says that pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto didn’t have an “in-depth understand” of money issues while developing BTC.

Ray Dalio Issues Stark Economic Warning, Says Global Paradigm Shift Underway – Is Crypto the Answer?

Billionaire investor and hedge fund manager Ray Dalio believes the US dollar and fiat currencies around the world are locked in a spiraling and never-ending state of decline.

From the XRP lawsuit to crypto regulations: Coinbase CEO speaks his mind

In a recent episode of the “All-In” podcast, Coinbase CEO, Brian Armstrong, gave his opinion on issues related to the irregularity around the cryptocurrency regulatory landscape, his thoughts on hThe post From the XRP lawsuit to crypto regulations: Coinbase CEO speaks his mind appeared first on AMBCrypto.

Top Trader Issues Warning to Bitcoin Bulls, Says Another Leg Down for BTC Approaching

A popular crypto trader and strategist is warning Bitcoin bulls that the leading digital asset by market cap still has a ways to go before bottoming out.

Here is why Germany is ranked the most crypto-friendly country

The journey from crypto skepticism to enthusiasm: What allowed Germany to become the most attractive country for crypto investments? In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Germany has risen to the top spot of Coincub’s guide to the most crypto-friendly countries in Q1 2022.

Algorand: Can news of its launch of carbon offsetting protocol revive its price action

One of the most significant issues in the crypto world is the impact it has on the environment.