In adoption, we’re seeing the game theory often mentioned, as Bermuda and Cyprus respond to the incentives of drawing talent and money by crafting legislation to set their jurisdictions up as “crypto hubs.”
Lots of good data on LUNA’s demise keeps coming out.
And we’re seeing all that proposed legislation on stablecoins continuing to progress.
Oh…and the Solana network broke. Again. *eyeroll*
We’ve also got a couple old Bitcoin Forum posts for the Time Capsule.
Comments and suggestions, reach out -> hello @ tinycryptoblog.com
Be well, Everyone.
Follow TinyCryptoBlog – Website | YouTube | BitChute | Odysee | Brighteon | Twitter | Spotify | Facebook | Medium
Articles on Medium this week
Articles
Podcasts
The Cost of Crypto Podcast
This Week In Twitter
Recommended Viewing
Reports:
The more you know about Bitcoin, the more optimistic you are: Block survey
Headlines
Adoption
–Taco tokens: Chipotle adds crypto payments via Flexa
CBDC (are just Surveillance Tokens)
–Fireblocks Hires Former Bank of England Fintech Chief to Lead CBDC Efforts
–India’s Central Bank Eyes a Graded Approach to CBDC Launch
-[It’s called “printing money”] China to Airdrop $4.5 Million in e-CNY to Shenzhen Residents to Bolster Local Economy
–Brazilian central banker describes how CBDC system can halt bank runs
Company / Product / Project News
-[We’ll see] BNB Chain releases year-long technical roadmap to develop ecosystem
–Chainlink Brings Price Feed Data to Solana for Defi Support

CRIMES AND SCAMS
–Three crypto scams that could cost you thousands
–Crypto Investors Lost $1 Billion in Scams during the Last 15 Months, Says FTC
DAO
DeFi and Lending
–Singapore Central Bank Ready To Try DeFi After Crypto Giants Leave for Dubai
–DeFi isn’t dead, it just needs to fix these 3 critical problems
Exchanges
–Goldman Sachs And FTX In Talks For Bitcoin, Crypto Derivatives
Fundraising and Sponsorships
Gossip
–Gemini Joins Growing List of Crypto Exchanges Cutting Staff Amid Downturn
–Fidelity Digital Assets To Double Headcount by End of Year
–Goldman Sachs and FTX in Talks for Ambitious Derivatives Trading Deal: Report
–Over 1.2 Million Ethereum Transactions Failed in May
–Bank of America Has No Plans to Offer Crypto Services
–The Anonymous Creator of Shiba Inu (SHIB) Deletes All Tweets and Blogs
Implementation and Infrastructure
Metaverse / Web3
Mining
–Middle Eastern Oil Companies To Use Excess Gas For Mining Bitcoin
–Geothermal: Kenya’s Solution to Crypto Mining’s Energy Demand
–New York Passes Bill Restricting Carbon-fueled Crypto Mining Operations
–Crypto Mining Farm in Remote Washington Town Gets Green Light, Despite Wildlife Concerns
Nation States (and other political jurisdictions)
–Cyprus Looks To Become Global Crypto Hub With New Bill
–Bermuda Could Emerge as a Crypto Hub, Minister of Economy Says
–El Salvador: It’s Still Not The Time For The Bitcoin Bonds
–Paraguay paves the way for crypto regulation despite internal opposition
NFTs
–Former OpenSea Exec Charged With NFT Insider Trading
–32 NFTs Stolen as BAYC and Otherside Discord Servers Compromised
Regulation, Legislation & Legal Matters
–CFTC Steps Up Crypto Enforcement, Sues Exchange Gemini for ‘False’ Statements
–India to Finalize Crypto Consultation Paper With IMF, World Bank Input
–All Terraform Labs Staff Subpoenaed as Investigations Ramp Up, Report
Stablecoins
–How Terra’s Collapse Could Prompt an International Wave of Crypto Regulations
–Terra Luna: How These 7 Wallets Brought the Ecosystem to Its Knees
–Japan Passes Legal Framework for Stablecoins
–Arcane Research: Terraform Labs Whales Dumped LUNA on Retail Before UST’s Depeg
–UK Government Proposes Amends to Manage Risks Associated With Failed Stablecoin Projects
–MoneyGram to Partner With Stellar to Provide Stablecoin Remittances
–These are the least ‘stable’ stablecoins not named TerraUSD
Taxation
The Wall Street
KEEP AN EYE ON THIS –> https://bitcointreasuries.net/
…AND THIS –> https://www.buybitcoinworldwide.com/treasuries
–Over 200K BTC now stored in Bitcoin ETFs and other institutional products
Time Capsule
Outside News
You Do Not Change Bitcoin. Bitcoin Changes You.
“Bitcoin will eat the world.” And it is.

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

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
Earn bitcoin while you shop online using Lolli

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

Download the Exodus wallet for you PC and smartphone

Download the Coinami wallet for your PC and smartphone
Categories: Weekly Headlines
Leave a Reply