One-Minute Crypto News – May 08, 2022

One-Minute Crypto News – May 08, 2022

  • The crisis in Ukraine proved that charities and those in humanitarian crises, not the constantly referenced cartels and arm dealers, stand to benefit most from crypto adoption. “Coin Telegraph”

  • The CEO of Mining Capital Coin has been charged with running a 62-million-dollar fraud scheme. “U Today”

  • 90 percent of banks responded positive to a survey about central bank digital currencies. “Coin Telegraph”

  • Russia’s ability to use cryptocurrencies to evade sanctions is limited by the small size of the crypto market. “Bitcoin News”

  • Gucci adds crypto payment mechanism at its stores in Los Angeles, New York City, and Las Vegas. “Coin Desk”

  • Almost half a billion Shiba have been burned within 24 hours. “U Today”

  • Senator Elizabeth Warren asked Fidelity why it ignores the labor department’s warning about crypto investments in retirement plans. “Bitcoin News”

  • 3 trillion Shiba whale has bought 1.2 million Ape coin. “U Today”

  • Dogecoin now accepted by over 455 million WordPress websites. “U Today”

  • Shiba dev touts future SHIB projects. “U Today”