Terraform Labs will put the proposal up for a governance vote on May 18 Asia time.
Former Twitter CEO Rebukes FTX CEO for Saying Bitcoin Is Unsuitable for Payments (Cryptoglobe)
Earlier today, Jack Dorsey, who is the co-founder and former CEO of Twitter, as well as the co-founder, chairman, and CEO of Block (formerly known as Square), criticized …
US Agencies Warn of Attempts by North Koreans to Get IT Jobs While Concealing Nationality (CoinDesk)
In many cases, these workers say they are U.S.-based and/or non North Korean teleworkers, and they often take on virtual currency projects, the agencies said.
Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB (Cointelegraph)
BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep …
Do Kwon Proposes New Plan to Revive Terra (u.today)
Terra’s Do Kwon has introduced yet another plan to revive the embattled blockchain project
Portugal to start taxing crypto gains and payments (Cryptoslate)
Finance Minister for Portugal, Fernando Medina, has confirmed that Portugal will begin taxing cryptocurrency in a parliamentary session on May 13. Portugal is currently one …
Japanese Broker Nomura To Launch Bitcoin, Crypto Subsidiary: Report (Bitcoin Magazine)
Japan’s largest investment banking broker is set to launch a subsidiary focused on institutional bitcoin and cryptocurrency products. Japanese brokerage Nomura will reportedly launch a …
DOGE Price on the Brink: What to Keep an Eye On (u.today)
Dogecoin price at crossroads before Jerome Powell’s speech
Bitcoin Miner Bitfarms Lowers Hashrate Outlook to 6 EH/s This Year (CoinDesk)
The miner is still assessing other opportunities to expand its capacity to as much as 8 EH/s by the end of the year.
First Time in History: Bitcoin Closes in Red 7 Consecutive Weeks (cryptopotato)
The rollercoaster that transpired in the past seven days resulted in another weekly candle closed in the red for bitcoin. As such, the cryptocurrency made …