One-Minute Crypto News – May 19, 2022
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- Terra to burn 1.4 billion UST and stake 240 million LUNA to stop the bleeding. “Coin Telegraph”
- Aave launches open-source platform for social networking DApps on Polygon. “Coni Telegraph”
- Dutch regulators say crypto not yet suitable as means of payment or investment. “Coin Telegraph”
- South Korean regulators have recommended coin issuers and crypto exchanges be authorized to operate through a licensing system. “Coin Telegraph”
- Dogecoin holders might soon be able to swap Doge without paying network fees on Robinhood. “U Today”
- Cloudflare informed that it will be running Ethereum validator nodes as part of its experiment. “Bitcoin News”
- Do not be fooled by UST price increase to $0.3 as it might be part of a bug. “U Today”
- The head of Goldman Sachs says he does not have a strong opinion on crypto. “U Today”
- The team behind LUNA might have lost their legal team. “Coin Telegraph”
- Bank of England stated that cryptocurrencies are not viewed as a financial investment by retail investors. “U Today”
