Bakkt mass delists tokens.

The full list of de-listed tokens are: Aave (AAVE), Avalanche (AVAX), Bancor Network Token (BNT), Basic Attention Token (BAT), Chainlink (LINK), Chiliz (CHZ), Compound Token (COMP), Cosmos (ATOM), Curve DAO (CRV), Enjin Coin (ENJ), Fantom (FTM), Filecoin (FIL), GALA (GALA), The Graph (GRT), Internet Computer (ICP), Loopring (LRC), Maker DAO (MKR), Republic (REN), Stellar (XLM), Sushiswap (SUSHI), Synthetix (SNX), Texos (XTZ) and Uniswap (UNI).

https://www.coindesk.com/business/2023/05/12/bakkt-mass-delists-tokens-including-aave-avalanche-compound-filecoin-makerdao-and-uniswap/

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Andrew Kang: “The great rise of Tether profitability changes the flow dynamics of BTC in a big way

If they direct most of their annualized $6b profits into BTC, it almost completely offsets selling pressure from Gox, US gov”.

https://twitter.com/rewkang/status/1657454477585129472

If you are the decision maker at tether, would you route profits to buy & hodl BTC? 👍/👎

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Ark Fund bought another 69,386 shares of Coinbase during the week.

The total number of shares owned is now 10.979 million shares, with a market value of about $663 million.

https://arktrace.com/coin.html

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Argentine electronic bank Uala will suspend its cryptocurrency business and customers must sell their holdings. Uala currently has 300,000 users holding crypto, and they are required to sell it within 30 days. Because the Central Bank of Argentina last week requested not to assist customers in digital asset business.

https://rossaprimavera.ru/news/556adbce

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Newly released data from the Federal Reserve has revealed that more than 700 American banks face significant safety and soundness risks due to massive unrealized losses on their balance sheets.

https://coinmarketcap.com/community/articles/645f75ff0835aa55c551fe34/

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Samsung to research South Korea’s CBDC for offline payments.

Samsung also participated in the second phase of the BOK’s 10-month CBDC simulation experiment research, which concerned the retail use of CBDCs. The first stage of the BOK’s CBDC research tested basic functions such as CBDC’s issuance, distribution and redemption.

https://cointelegraph.com/news/samsung-to-research-south-korea-s-cbdc-for-offline-payments

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SEC Chairman: Everything other than Bitcoin is a security.

https://twitter.com/btc_archive/status/1658050933048197122

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The IRS is working with Chainalysis and with Ukrainian investigators to track Russian individuals who might be using crypto to evade sanctions in the aftermath of Russia’s invasion of Ukraine

US donating licenses for investigative tool, hosting trainings

Aim is to improve information-sharing between US, Ukraine

https://www.bloomberg.com/news/articles/2023-05-11/irs-chainalysis-working-with-ukraine-to-track-russian-crypto-sanctions-evaders

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Worldcoin is raising $100 million and is preparing to launch in the next few weeks.

https://www.ft.com/content/f1de2aee-ee13-45e1-bd61-0a269cd650d3

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Pudgy Penguins NFT creators (Top-11, 166K ETH) will launch Pudgy Toys on May 18.

The florprice of the Pudgy Penguins core collection went from 4.4 to 4.7 ETH after the news. The price a month ago was ~3.5 ETH. That's a pretty high increase. And there is no detailed information about the new Pudgy Toys yet. There is a possibility that this is not the launch of another NFT collection, but some other development of the project. The team on Twitter hinted at a massive adoption (maybe a game, physical toys, etc.).

https://twitter.com/pudgypenguins/status/1657863264477249538

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As users cast DRC-20 standard Tokens on the Dogecoin chain, the number of daily transactions on the Dogecoin chain soared to an all-time high of 650k, surpassing Bitcoin and Litecoin at one point. The speculative heat of BRC-20 has gradually spread to POW blockchains such as Litcoin and Dogecoin.

https://twitter.com/mishaboar/status/1657923671371948034

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Celsius moves $781M in stETH just as Lido withdrawals open.

https://cointelegraph.com/news/celsius-moves-781m-in-steth-just-as-lido-withdrawals-open

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🔥Found new distribution🔥

Gala | GALA
Token Contract: 0xd1d2e...2c87cae
Transaction: 0x053c6...3d45dd4
From: 0x00000...0000000 to 10 addresses
Total amount: $31,864,249 (12.17% of Market Cap)

Current Price: $0.0347
Market Cap: $261,724,631
24h Volume: $108,645,141

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WazirX team claims that Binance has full control of the token WRX and has not conducted the quarterly burn for the past 5 quarters.

https://twitter.com/wazirxindia/status/1658478982340444160

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MetaMask is now supporting direct ETH withdrawals on Lido.

With this recent update, MetaMask users can now stake and withdraw ETH directly from the liquid staking providers, Rocket Pool and Lido.

https://twitter.com/metamask/status/1658539666356723727

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Binance Will Support the Terra Classic (LUNC) and Kava (KAVA) Network Upgrades

https://www.binance.com/en/support/announcement/binance-will-support-the-terra-classic-lunc-and-kava-kava-network-upgrades-172f3ec4eb084eaaa9c419a73fb7d0c4

Binance's dominance in spot crypto trading wanes as market share hits 46%, the lowest since Oct '22. Despite this, Binance remains the largest exchange by volume.

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