RABIT Weekly news (W4 May 2022)
- Vitalik Buterin said "I hope Ethereum will be a system that pursues long-term stability like Bitcoin, but there are many contradictions." on twitter.
- Coinbase has announced on its official blog that it is actively recruiting new employees to triple the size of the company this year, but is postponing the planned recruitment due to the sluggish market
- $7.6bn of ‘stablecoin’ tether redeemed since start of crypto crisis for five days after the Tether de-pegging on the 13th
- Tether market capitalization is steadily decreasing
- Bloomberg, 17 of the 21 acquisition announcements since Microstrategy first announced its BTC acquisition in August 2020, are worth over $30,000 or more
- Meta files five trademark applications for 'Meta Pay' teasing crypto and digital payment platform
- Tether Q1 Audit Report
- Corporate Bills fell 17% on-quarter to $19.9 billion
- MMF and U.S. government bond holdings rose 13 percent on-quarter to $39.2 billion
- G7 Urges FSB(Financial Stability Board) to Swiftly Develop Regulations for Crypto
- FSB asked to "advance the swift development and implementation of consistent and comprehensive regulation of crypto-asset issuers and service providers".
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