One-Minute Crypto News – May 21, 2022

Binance CEO says he will support the Terra community but expects more transparency. Shiba now accepted by thousands of restaurants in 65 countries. LUNA and UST’s collapse was damaging for...

One-Minute Crypto News – May 21, 2022

  • Binance CEO says he will support the Terra community but expects more transparency. “Coin Telegraph”

  • Shiba now accepted by thousands of restaurants in 65 countries. “U Today”

  • While Terra vote on the new network will likely pass, decentralized platforms are not rushing to implement it. “U Today”

  • Ethereum’s switch to proof-of-stake will put more pressure on Bitcoin. “U Today”

  • LUNA and UST’s collapse was damaging for crypto as Mt. Gox, says prominent Blockchain founder. “Forbes Crypto”

  • Uncertain crypto regulations and even more uncertain regulators appear to be behind CBA’s decision to halt its crypto trading trial. “Coin Telegraph”

  • Indian crypto startup Stader suffered a 40 percent revenue hit when the Terra ecosystem imploded. “Bloomberg Crypto”

  • Switzerland’s city of Lugano will host its first Bitcoin summer school program. “Bitcoin Magazine”

  • Developers have announced that Ethereum’s transition to proof-of-stake will go ahead sometime in August. “Coin Telegraph”

  • Panama’s president might take some of the articles passed in crypto bill and approve them as law. “Bitcoin News”