One-Minute Crypto News – May 01, 2022

Bored Ape NFT owners, lured by the promise of free tokens, got caught in an Instagram hack and lost 3 million dollars. DeFi platforms Rari Capital and Fei Protocol lose 80 million dollars to a hacker...

One-Minute Crypto News – May 01, 2022

  • Former Google CEO, Eric Schmidt, has said that he put money into cryptocurrency. His net worth is 22.8 billion dollars. “Bitcoin News”

  • Bored Ape NFT owners, lured by the promise of free tokens, got caught in an Instagram hack and lost 3 million dollars. “Bloomberg Crypto”

  • The European Central Bank looks for companies to design an interface for the future digital Euro. “Coin Telegraph”

  • Russian lawmakers describe illegal use of cryptocurrencies as largely a myth. “Bitcoin News”

  • In the long term, gold prices could be affected by the bank of Russia’s policies, should it engage in large gold sales. “Bitcoin News”

  • Starting May 1, the FSMA accepts registrations for crypto exchanges and custodial wallet services. “Coin Telegraph”

  • The US labor department has grave concerns about Fidelity allowing investors to put Bitcoin in their retirement savings accounts. “Bitcoin News”

  • DeFi platforms Rari Capital and Fei Protocol lose 80 million dollars to a hacker. “U Today”

  • Cardano wallet set to undergo big update soon. “U Today”

  • Shiba Inu burn portal reports well over 20 billion tokens burned barely a week after being set up. “U Today”