$3B flows to metaverse and Web3 gaming this month as a16z tips in $600M Games Fund One will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a metaverse.May 19, 2022Jesse Coghlan
Russia will inevitably legalize crypto payments, says trade minister“The question is when this will happen, how it will happen and how it will be regulated. Now both the Central Bank and the government are actively engaged in this,” said trade minister Denis Manturov.May 19, 2022Brian Quarmby
SEC chair uses crypto enforcement in justification for FY2023 budget“We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space,” said Gary Gensler.May 18, 2022Turner Wright
Candidate supported by Bankman-Fried-linked PAC loses Oregon primaryRecord spending in a Democratic House primary could not give a political newcomer the boost he needed to overcome a local politician with a long career.May 18, 2022Derek Andersen
Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn planA new exchange listing, mainnet launch and competitive token burn mechanism led to a sharp rally in Socios fan tokens.May 18, 2022Jordan Finneseth
Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed.May 18, 2022Elaine Hu
Meta trademark filing hints at plans for crypto payments platformThe five applications suggest the social media firm may use its namesake in a payments processing platform called Meta Pay.May 18, 2022Turner Wright
Price analysis 5/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIBAiling stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low.May 18, 2022Rakesh Upadhyay
Early polling from Terra vote indicates 91% are in favor of 'rebirth'Despite the overwhelming approval of the proposal as of Wednesday, many Terra users on social media suggested the network burn its LUNA tokens.May 18, 2022Turner Wright
Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987Shock earnings reports contributed to fresh market weakness, depriving Bitcoin and altcoins of any new gains.May 18, 2022William Suberg
Analysts assess the aftermath of the Terra (LUNA) collapse | Cointelegraph interview Mike McGlone, senior commodity strategist at Bloomberg, and financial commentator Frances Coppola discuss the implications of last week’s Terra collapse in Cointelegraph’s latest interview.May 18, 2022Giovanni Pigni
ShapeShift creates FOX Foundation as intermediary for successful DAO transitionThe entity will be dissolved upon the completion of ShapeShift’s decentralization process.May 18, 2022Zhiyuan Sun
Crypto giants co-launch Chainabuse platform to water down rising scamsChainabuse allows crypto users, victims of financial crimes and crypto businesses to report, discuss and actively issue warnings to reduce the effectiveness of scams.May 18, 2022Arijit Sarkar
Polygon partners with Orbs and DeFi.org to launch an accelerator programParticipants of the accelerator program will get funding, mentorship and market exposure through the platform DeFi.org.May 18, 2022Ezra Reguerra
Exploiting sports fans through NFTs won’t lead to a WSports-related NFTs need to provide some tangible benefits or else sports fans will just view them as another ploy to exploit their fan loyalty.May 18, 2022Ariel Shapira
Aave launches open-source platform for social networking DApps on PolygonThe announcement comes a month after Aave founder Stani Kulechov gets suspended from Twitter for his joke about being the interim CEO of the social company.May 18, 2022Ezra Reguerra
Two credit card firms in Israel to let cardholders buy BitcoinTwo Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions via a credit card.May 18, 2022Helen Partz
New survey sheds light on people’s concerns about investing in cryptoEighteen percent of respondents in a new survey said that learning more about the benefits of investing in cryptocurrency was the most effective approach to transition from skeptic to believer.May 18, 2022Arnold Kirimi
‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance Peter Grosskopf, co-founder of DeFi project Unstoppable Finance, tells Cointelegraph auf Deutsch what he thinks about new regulations for DeFi.May 18, 2022Veronika Rinecker
Dutch regulator says crypto not yet suitable as means of payment or investmentPaul-Willem van Gerwen from the AFM believes that retail investors should forbear the crypto derivatives trade.May 18, 2022David Attlee
Tally Labs strives to expand decentralized content ecosystem with $12M fundingThe announcement of the firm's inaugural capital raise from prominent investors is set to propel the vision for the construction of decentralized content representing communities from across the NFT space.May 18, 2022Tom Farren
Axie Infinity’s Discord bot compromised, hackers issue fake minting messageThe developers have managed to delete the fake message and remove the MEE6 bot from the main server.May 18, 2022Prashant Jha
Aave price risks a 25% plunge as a classic bearish reversal pattern emergesA handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off.May 18, 2022Yashu Gola
Bitcoin shakes off Fed volatility as analysts remain split on return under $24KBitcoin could reach its highest since the Luna meltdown next, one trader argues, while others feel that the bottom is not yet in.May 18, 2022William Suberg
Nifty News: Robinhood to launch a Web3 wallet, LimeWire inks deal with Universal, and moreRobinhood’s wallet will be noncustodial and multichain, allowing for the storage of NFTs along with the ability to connect to NFT marketplaces.May 18, 2022Jesse Coghlan
South Korean legislature considering new licensing system for cryptoRegulators in South Korea have issued a new report that offers a bevy of recommendations for how to properly govern the country’s crypto industry.May 18, 2022Brian Newar
Cloudflare to run Ethereum node experiment to help ‘build a better internet’ “Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy-efficient for everyone,” the firm stated.May 18, 2022Brian Quarmby
Analysts note parallels with March 2020: Will this time be different?Analysts across crypto and traditional stocks have taken notice of the similarities between what happened in March 2020 and market moves so far this month.May 18, 2022Brian Newar
German BaFin official calls for ‘innovative’ EU-wide DeFi regulationHighlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout the EU to “prevent a fragmented market.”May 18, 2022Jesse Coghlan
Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto report“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated.May 18, 2022Brian Quarmby