Two weeks packed into one.
Enjoy and be well, Everyone.
Headlines
Adoption, Implementation and Infrastructure
-Strike integrates Tether's USDT for payments
-Prometheum subsidiary receives FINRA approval for digital asset qualified custody
CBDCs (are just Surveillance Tokens)
*CBDC Tracker 1*
*CBDC Tracker 2*
COMMENTARY/OPINION/GOSSIP
-Memecoins: From memes to multibillion-dollar pumps, scams and rug pulls
-Ledger key recovery service paused amid backlash, will open-source code
-Monero community lashes out against 'Mordinals' amid privacy concerns
-Ethereum users are increasingly demanding self-custody: Casa CTO
-Hyperbitcoinization coming, says Bitcoin OG as 'wholecoiners' hit 1 million
COMPANIES & PROTOCOLS
-Lightning Labs launches updated protocol to help solve Bitcoin's BRC-20 issues
CRIMES AND SCAMS
DeFi CeFi and Lending
-This Week In DeFi – May 26 [good read this week]
-An expanding BRC-20 exchange fuels DeFi boom on Bitcoin
-A week filled with exploits and uncertainty for DeFi: Finance Redefined
-Voyager bankruptcy plan approved, customers may recover 35.7% of claims initially
-Celsius adds over 428K stETH to Lido's lengthening withdrawal queue
Exchanges
-Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability
-Mass exodus of Bitcoin: 2.3M BTC leaves exchanges as balance plummets below 12% [ PRICE PRESSURE BUILDING ]
Mining
*Live Mining Statistics*
-Core Scientific moves for September bankruptcy exit, expects $46M boost
-USA Bitcoin mining pools surge to over 50% of hash rate
Nation States (and other political jurisdictions)
NFTs / Metaverse / Web3 / DAOs
-Bitcoin is now the second largest chain by NFT volume
-Bitcoin surpasses Solana to become second most popular NFT blockchain
-US Secret Service has an NFT collection: Nifty Newsletter, May 10–16
Regulation, Legislation, Legal Matters & Taxation
-Gemini, Genesis file to dismiss SEC lawsuit against Earn product
-Ripple case: SEC Hinman docs could become public by June 6, lawyer says
STABLECOINS
-USDT Issuer Tether Says It Will Buy BTC with Realized Profits for Bolstering Stablecoin Reserves
Taxation
Wall Street and Big Money
*BitcoinTreasuries*
*Bitcoin Worldwide (treasuries)*
Time Capsule
-Dash experiences outage lasting over 18 hours
Outside News
You Do Not Change Bitcoin. Bitcoin Changes You.
"Bitcoin will eat the world." And it is.
Recommended Viewing
Services and apps that I use
Earn rebates paid in bitcoin by using the app to buy gift cards, and using the debit card for everyday purchases.
SWAN BITCOIN - 1% FEE FOR BUYING BITCOIN AND EASILY SET UP RECURRING BUYS
The app that let's you buy/sell/trade cryptos, earn yields on crypto deposits and take out bitcoin-backed loans
Send cash instantly around the world at no cost. 1% fee for buying bitcoin. Easily set up recurring buys.
If you're new to crypto, Coinbase is the easiest exchange to start with.
Older posts had a referral link- my message now is to use at your own risk and don't leave any token or coins in their custody you cannot afford to lose
Changelly is a good option for exchanging coins without having to use an exchange
Earn bitcoin when 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 while you browse online
Download the Exodus wallet for you PC and smartphone
Download the Coinami wallet for your PC and smartphone
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