Staff Picks - May 2022
European watchdog lists crypto next to lawyers, accountants as an AML threat
The annual supervision report from MONEYVAL concluded that 18 of the 22 jurisdictions have an insufficient level of compliance with AML standards.
Google Cloud Forms Web3 Team With Blockchain Focus
The division will primarily serve business customers looking to leverage blockchain.
Kraken Announces NFT Marketplace
The exchange will offer creator rewards, multi-chain support, and zero gas fees.
90% of surveyed central banks are exploring CBDCs — BIS
“Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short- or medium-term,” said the BIS.
Shiba Inu has a new use case — Buying land in SHIB: The Metaverse
Memecoin Shiba Inu can officially be used to purchase land in the SHIB metaverse using the native SHIB token, as the development team continues to provide utility for holders.
Mining Capital Coin CEO accused of $62M investment fraud scheme
“Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated.
Ethereum Developer Says the Merge Could Ship in August
Ethereum's highly anticipated Proof-of-Stake update could be coming soon.
How to protect yourself from the recent spate of ‘crypto muggings’
Cointelegraph spoke with security experts who shared tips on how to keep crypto safe after a slew of robberies in the U.K. successfully stole thousands worth of crypto from everyday holders.
“I Started Using Uniswap in Prison”: Martin Shkreli
Fresh from a stint in prison for securities fraud, “Pharma Bro” Martin Shkreli has shared some of his thoughts on Bitcoin, DeFi, and Web3 with the crypto community.
Bitcoin sets new 2022 lows as analyst says trip to $24K realized price ‘entirely possible’
Below $30,000 is now traders’ preferred prognosis for Bitcoin price action with no let-up in the sell-off this week.
Tether launches crypto and blockchain education program in Switzerland
"It is essential that educational institutions are put into place to help better inform not only traders and investors but future business owners," said Paolo Ardoino.
Hyperledger Foundation deploy new versions of three blockchain tools to enhance ecosystem
Two of the releases are in their primary iteration, while the latter titled Iroha is a preview version of its second release.
Stablegains Faces Lawsuit After Losing $44M on UST
Stablegains has been accused of misleading customers about where their money was going.
Tether reports 17% decrease in commercial paper holdings over Q1 2022
“This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative and liquid," said Paolo Ardoino.
People want to be paid crypto to exercise in the Metaverse: Survey
A new survey has revealed that blockchain technology may be a better fitness motivator than traditional monetary incentives.
Targeted phishing scam nets $438K in crypto and NFTs from hacked Beeple account
Links posted to a fake Louis Vuitton NFT raffle were made to capitalize on a recent real collaboration between Beeple and the luxury fashion brand.
WEF 2022, May 24: Latest updates from the Cointelegraph Davos team
The third day of WEF 2022 will see OECD’s secretary-general share his thoughts on a reimagined global tax system and industry experts discuss DeFi as the future of decentralized governance.
NFT owners reminded to be vigilant after 29 Moonbirds were stolen by clicking a bad link
A malicious link netted a scammer $1.5 million worth of Moonbird NFTs from a Proof Collective member.
Seven Wallets May Have Caused Terra Meltdown: Nansen
The UST depeg may have simply been the consequence of savvy risk management, says the report.
Crypto is changing how humanitarian agencies deliver aid and services
“It’s almost like the whole idea of a decentralized, distributed model is exactly what worked in terms of how we operated and deployed the system.”