The Weekly News Roundup, ending 8 May 2022

For those not familiar, Bob Ross had a how-to painting show on US public television in the 70s and 80s. He was know for painting “happy little trees, etc.” This weekend we have happy little red candles.

Comments and suggestions, reach out -> hello @

Be well, Everyone.

“Why is a painting worth $10 million? It’s oil on canvas. So value is in the eyes of the beholder.”

Ken Griffin, founder and CEO of Citadel Securities

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Articles on Medium this week

Have We Been In A Bear Market This Entire Time?

The Cost of Crypto Podcast

This Week In Twitter

Coinbase Wallet For Beginners: The Complete Guide


Coinbase took out the first Bitcoin-backed loan from Goldman Sachs
Liechtenstein’s Largest Private Bank Enables Direct Investments in Bitcoin

CBDC (are just Surveillance Tokens)
90% of surveyed central banks are exploring CBDCs — BIS

Company / Product / Project News
After Massive Community Backlash CryptoCom Will Revise Recent Reward Staking Changes
What now for Solana following ‘Candy Machine’ spam attack?
Millions of NFT Transactions Clogged Solana, Causing Another Network Outage [This is what happens with innovative projects that take a “move fast and break things” approach.” This is the SEVENTH time in less than 12 months the network had to literally be rebooted.]

OpenSea’s Discord Channel Compromised, Hackers Promote NFT Scam


DeFi and Lending
Over $80 Million Stolen From DeFi Lender Rari Capital [Another DeFi hack? Shocking I say. Shocking.]

Binance Scores First European Regulatory Approval in France
Binance Controlled 30% of Crypto Spot Volume in March: Report

Fundraising (keep an eye on these names)

Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour
Paul Tudor Jones on the Biggest Thing Holding Bitcoin Back
Wikipedia Stops Accepting BTC, ETH, BCH Donations After 8 Years
Dubai Property Developer to Accept Bitcoin and Ethereum Payments
Slovenia Ranks as the World’s Most Crypto-Friendly Nation (Study)

Implementation and Infrastructure
Chainlink set to power Latin American real estate platform


Argo Blockchain facility in West Texas expects to start mining Bitcoin in May
Bitcoin Community Sends Letter to EPA Debunking Proof of Work FUD

Nation States (and other political jursidictions)
Utah Governor approves of blockchain and digital innovation task force
California governor issues blockchain executive order building on US President’s regulatory efforts
Virginia county wants to put pension funds into DeFi yield farming
Hawaii to Launch a Task Force Focused on Crypto Regulations

Plain talk about NFTs: What they have been and what they are becoming
There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform society
NFT Buying Frenzies Disrupt Solana and Ethereum Blockchains
VanEck Exec: Use Cases of NFTs ‘Approaching Unlimited’

Regulation, Legislation & Legal Matters
Court orders BitMEX founders to pay $30M civil penalty
SEC doubles down on crypto regulation by expanding unit
Argentina’s central bank steps in to block new crypto offerings from banks
CFTC commissioner appoints crypto-experienced CME Group director as chief counsel
New crypto litigation tracker highlights 300 cases from SafeMoon to Pepe the Frog
see also for link to pdf:
May 3 report:
Belgium’s FSMA Requires New Crypto Companies to Register in May

The United States turns its attention to stablecoin regulation


The Wall Street
Grayscale’s GBTC and ETHE products now available on Robinhood
SEC approves Valkyrie’s Bitcoin futures ETF

Time Capsule

Outside News

You Do Not Change Bitcoin. Bitcoin Changes You.
“Bitcoin will eat the world.” And it is.

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The app that let’s you buy/sell/trade cryptos, earn yields on crypto deposits and take out a crypto-backed loans

Get $10 when you sign up with Strike. Send cash instantly around the world at no cost, and buy bitcoin with only a 1.5% fee


If you’re new to crypto, Coinbase is the easiest way to get started


Binance is a great exchange to buy and sell cryptos


Changelly is a good option for exchanging coins without having to use an exchange

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Earn bitcoin while you shop online using Lolli

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Get crypto-themed shirts, stickers, mugs and more at Teepublic


Download the Brave browser and block unwanted ads and earn rewards whileen you browse online 

Exodus-Logo side

Download the Exodus wallet for you PC and smartphone


Download the Coinami wallet for your PC and smartphone

Categories: Weekly Headlines

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