One-Minute Crypto News – May 11, 2022

One-Minute Crypto News – May 11, 2022

  • Justin Sun announced a purchase of 600 million TRX amid market turmoil. “U Today”

  • The CEO of Binance has stated that recent market volatilities have not been impactful for the exchanges. “U Today”

  • Binance temporarily halts withdrawals of LUNA and UST. “U Today”

  • The president of El Salvador has announced that this country has purchased 500 Bitcoin at 30,744 dollars. “Bitcoin News”

  • NASA has recently posted a challenge to attract developers to help build a Martian Metaverse in order to improve training. “Bitcoin News”

  • Tanzania is moving closer to introducing a central bank digital currency to help counter the rising popularity of cryptocurrencies. “Bloomberg Crypto”

  • The UK parliament will introduce two bills relating to cryptocurrencies following the speech by prince Charles about these currencies. “Coin Telegraph”

  • LUNA is still down nearly 50 percent over the past 24 hours. “U Today”

  • Bitstamp is getting a brand new CEO as its current one steps down to pursue other opportunities. “Coin Telegraph”

  • Terra’s disastrous crash has been mentioned by US secretary of treasury. “U Today”