One-Minute Blockchain News – May 05, 2022

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One-Minute Blockchain News – May 05, 2022



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·       About 133 million dollars Bitcoin were liquidated last week and taken out of market circulation. “Coin Telegraph”


·       The founder of Ethereum Vitalik Buterin believes that Ethereum fees are too high and they should come under 0.05 dollars. “Crypto Briefing”


·       Federal reserve hikes interest rate by 50 BPS, equal to 0.5 percent, the largest increase since 2000. “Investing.com”


·       Bitso has officially listed Dogecoin according to a recent announcement. “U Today”


·       Bentley University, a private college in Massachusetts, has stated that it now accepts Bitcoin, Ethereum, and USDC. “Bitcoin News”


·       As Senate primaries in the US end, crypto candidates take the lead from both sides. “U Today”


·       South Korea’s newly-elected president intends to defer taxation of crypto until a new set of regulations can be developed. “Coin Telegraph”


·       A well-known Bitcoin miner saw a near 31 percent monthly dip in Bitcoin production in April. “Coin Desk”


·       Rick Ross wants crypto investors to flaunt their wealth. “U Today”


·       Founder of Algorand compared Bitcoin to a Neanderthal man. “U Today”





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