Bitcoin ATM installation slowdown continues for 4th month in 2022
The evident reduction in the installations of crypto ATMs could result from the regulators’ hesitance to adopt the Bitcoin ecosystem.
![This Week [In] Crypto: Growing Acceptance, NFT Scams, Musk's Twitter Purchase, Tighter US Regulations](https://insights.cryptobasemarket.com/wp-content/uploads/2022/05/bic-market-roundup-02jpgoptimal-135560.jpg)
This Week [In] Crypto: Growing Acceptance, NFT Scams, Musk’s Twitter Purchase, Tighter US Regulations
BeCrypto has curated the leading stories of the past week including Kraken’s new operating license, BAYC’s Instagram hack, Aave’s founder’s ban on Twitter, and New York’s two-year crypto mining moratorium.…
Ethereum Whales Have Accumulated $407,415,040 in ETH in Just 10 Days: Analytics Firm Santiment
Crypto insights firm Santiment says that deep-pocketed Ethereum investors have started aggressively accumulating ETH after four months of inactivity. The market intelligence firm says that whales holding between 1,000 and…
Elon Musk Weighs in as Warren Buffet Wouldn’t Pay $25 for Every Bitcoin
The 91-year-old billionaire doesn’t see crypto as a “productive asset,” adding that he wouldn’t buy all the Bitcoin in the world even for $25.
Bored Ape Metaverse Frenzy Disrupts Ethereum Blockchain
The creator of the popular Bored Apes Yacht Club collection of NFTs launched a sale of virtual land, and the move crashed the Ethereum blockchain. The sale raised about $320…
Yuga Labs’ Otherdeeds Sold Out as the Startup Cashes in Over $320M
Yuga Labs, the blockchain startup in charge of the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection and ecosystem has made history yet again with the successful sales of…
US Senators Propose Rule To Ease Crypto Capital Gains Taxes
Two US Senators are proposing a new rule that would enact a tax exemption on a certain amount of capital gains from crypto. Cynthia Lummis (R, WY) and Kirsten Gillibrand…
Over $80 Million Stolen From DeFi Lender Rari Capital
Another Compound fork has fallen victim to a reentrancy hack in which the attacker siphoned off $80 million.
ETH’s burning protocol sets new single-day historical record, thanks to…
Ethereum, the world’s largest altcoin, followed a bearish path below the $2,850-pivot level. In fact, ETH even traded below the $2,800-support level amidst the wider correction within the market.
Wikimedia Foundation pulls the plug on crypto-donations after ‘feedback’
The Wikimedia Foundation, the non-profit that funds Wikipedia, is in the news today after it announced that it will be shutting down its BitPay account. In doing so, it will…
