Crypto Bill Not To Be Passed ‘at the moment’ Panama’s President States
“If the law contains clauses related money laundering activities — Anti Money Laundering activities — it’s very important to us,” stated Panama President Laurentino Cortizo.
Russia’s Largest Bank Has Supposedly Been Hacked By Anonymous Group
Anonymous, a hacktivist group, allegedly broke into the systems of Sberbank, Russia’s largest financial institution. On social media, the attackers claimed to have published thousands upon thousands of email addresses, phone numbers, as well as phone numbers.
$15 Million Raised by Gaming Firm Azra, Blockchain un-confirmed
However, the company is yet to decide on which blockchain it will use.
Owners of Digital Collectibles use NFT’s as Collateral to Get Loans
Non-fungible token (NFT), collectibles, have been a hot commodity in the past 12 months. However, many NFT owners are now taking out loans to finance their NFTs. Nftfi, a project, has already facilitated $25.6 Million in NFT loans. Last month, the lending market recorded almost $50,000,000 in NFT loans.
Member of Russian Government States Russia Could Soon Legalise Cryptocurrencies
A member of the Russian government believes that cryptocurrencies will eventually be legalized. As new crypto-related legislation was presented in the State Duma, Denis Manturov, Trade Minister, stated that it is unclear when this will occur.
Crypto Crash Continues Avalanche (Ethereum Competitor) Drops 16%
Popular Ethereum competitor Avalanche has fallen more than 16% in the ongoing crypto market rout.
YellowHeart Set to Launch on Bittrex May 24th
YellowHeart Protocol is an NFT platform that aims to disrupt the music and ticketing industries. It will launch its utility token HRT on Bittrex Global’s IEO Platform Block. This project will be the platform’s first project.
Things Just Got Worse For Terra Labs South Korean watchdog Fines Terra Labs $78M
South Korean corporate tax laws state that foreign-registered businesses are considered domestic if they are based in the country.
Coinbase to Launch First Ever Crypto Think Tank to Tackle Challenges
Coinbase launches its first ever in-house think tank. To produce research reports, the team will collaborate with policymakers, academic institutions, and crypto leaders.
SHIB Will Have Zero Value By 2030 Finder’s Panel Predicts
Finder’s panel of experts has predicted that the cryptocurrency shiba Inu (SHIB), will die. Most believe that the price for the meme crypto will fall to zero. The majority of the panel supports SHIB with 73% saying it is time to sell.
