One-Minute Crypto News – May 13, 2022

One-Minute Crypto News – May 13, 2022

  • Tether price drops below 0.97 dollars as it experiences issues with US dollar pegging. “U Today”

  • Terra LUNA price further dips under 0.01 dollars, 15 billion new LUNA created. “U Today”

  • BitMEX and Binance have perpetually banned futures trading for LUNA. “U Today”

  • Russian news site Meduza turns to crypto donations amid Kremlin’s crackdown on independent media. “Bitcoin news”

  • Jeremy Spence was sentenced to 42 months in prison for operating a series of crypto Ponzi schemes. “Coin Telegraph”

  • The Terra Blockchain appears to have restarted, according to a block explorer. “Coin Desk”

  • Coinbase has confirmed that some of its customers are experiencing difficulties with accessing their accounts. “U Today”

  • Despite market turmoil, Ethereum whales have been busy transferring huge amounts of Ether. “Coin Telegraph”

  • It seems that the country of Chile will postpone the release of their central bank digital currency to the end of the year for further analysis and review. “Coin Telegraph”

  • The new administration of South Korea is living up to its promises about crypto and they are already planning to roll out comprehensive crypto regulations by 2023. “Coin Telegraph”