2022-06-06 03:42:42
Thus, the cryptocurrency market ended a “forgettable” May with a drop of nearly 20% in Bitcoin. In the last week of May 2022, although large-cap coins like BTC or ETH have temporarily recovered, positive news like Ethereum’s confirmation of The Merge test or OP token airdrop is not enough to bring color. green again.
On the contrary, the crypto industry continues to suffer from a lot of negative information such as major exchanges (mainly Western), simultaneously cutting staff to prepare for the “crypto winter”, as well as many legal information that does not exist. other good.
Let’s review it all with CHK to make sure you don’t miss any important news!
CHK Originals – Must-read articles
– Kyros Kompass #9: Explore Blockchain world map
– Ancient8 Research:
CHK TV
– DeFi Discussion ep.47: Talking about “Internet of Blockchains” – Real Applications of Blockchain?
– Weekly news: Bitcoin on-chain index is still not positive – Solana continues to “lag”
Central point 🔥
– Bitcoin, Ethereum skyrocketed after setting “sad record”
– El Salvador Still not ready to launch a $1 billion Bitcoin bond
– Update LUNA-UST:
– Optimism conduct airdrop of OP tokens – The price dropped sharply after the airdrop, the community split
– Market turns bad, big crypto companies all at once staff cuts
Big Cap
– Bitcoin Supply Profit drops to 55%, good or bad outlook for BTC?
– Ethereum Officially testing The Merge on Ropsten testnet
– Vitalik Buterin expressed support for the new governance model of Optimism (OP)
– Blockchain Solana (SOL) collapsed for the fourth time in 2022, Chainlink Officially working on mainnet Solana
– Zcash (ZEC) perform NU5 . upgrade
– Elon Musk and Dogecoin (DOGE) co-founder “war of words” on Twitter
– One year after the date of “no sound”, the founder of the project Shiba Inu (SHIB) suddenly delete all information
– Axie Infinity (AXS) announced the first 12 “franchise” game projects
– BNB Chain “teasing” the technical development roadmap to promote the ecosystem
– Immutable convince ApeCoin “moving home” for the Otherside to the Layer-2 network, the community wants to stay with Ethereum
DeFi
– Mirror Protocol Terra’s has a hole again, threatening to drain liquidity
– DeFi protocols launch stablecoins one after another after the LUNA-UST crash
– Lido and Moonbeam Flexible staking support for Polkadot (DOT)
– Kava Announced a $14 million stimulus package for development team funding Sushi
– TVL of the entire Layer 2 ecosystem “falling off”, hitting bottom in 2022
– Boba Network is the first Layer 2 to integrate Fantom and Moonbeam
NFT, Games and the Metaverse 🖼🎮🌐
– Collection NFT of Johnny Depp skyrocketed after winning the case
– GameFi User Activity on Ethereum plunges 96%, the end for blockchain games?
– Nike continues to act “strongly” to acquire more Ethereum Name Service (ENS) domains
– Korean government “bet” on metaverse with an investment of 177.1 million USD
Investments from large institutions
– Binance Labs set up an investment fund worth 500 million USD, focusing “all efforts” on Web3
– MoneyGram Coming soon to stablecoin remittance platform with Stellar (XLM)
– Fidelity plans to implement custody and trading services for Ethereum (ETH)
– After the “hot rise”, 38% of large funds withdrew from the market in May alone
Legal and Reception ️
– New York Senate passed Proof-of-Work (PoW) mining ban
– Japan issued a legal framework for stablecoins
– Former OpenSea Product Manager arrested by the US, accused of insider trading NFT
– Binance won a legal victory to return to the Italian market
– Polygon “tightening” funding conditions for blockchain projects in India
– Prada NFT issuance on Ethereum
– Fast food chains Chipotle Accept crypto at US stores
Synthetic CHK
#CHK #Weekly #Weekly #June #Leaving #stormy #enter #downtrend #season
