Every week, we will begin a fresh crypto news roundup. Every week, the BtcTap team will look for events that have impacted the crypto community. We'll give it our best shot.
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LUNA 2.0 Went Live
LUNA 2.0. which went live, May 28th, 2022, at approximately 06:00 UTC. As a result, the industry was flooded with questions about Terra 2.0, its differences, airdrops, exchange assistance, and more.
( Official Article: https://www.freebtctap.com/crypto-currency-news/luna-20-price-rumors-and-luna-20-will-go-live-today )
Ethereum Switch To Cardano
IAGON, a decentralized cloud computing platform, announced its switch from Ethereum to Cardano in late April. Following that, it stated that 50 percent of its token supply, comprising 500 million IAG tokens, had been moved from Ethereum to Cardano on 5/26/2022.
The purpose-designed token bridge was constructed, according to the IAGON team, to enable the conversion of your ERC-20 IAG tokens to CNT IAG tokens, allowing tokens on separate blockchains (Ethereum and Cardano) to interact.
( Official Article: https://www.freebtctap.com/crypto-currency-news/new-ethereum-cardano-bridge-goes-live )
Coinbase Joined The Fortune 500
Coinbase, the largest cryptocurrency exchange in the United States, has been inducted to the Fortune 500 for the first time on 5/24/2022
( Official Article: https://www.freebtctap.com/crypto-currency-news/coinbase-just-got-inducted-to-the-fortune-500 )
Shkreli called Ethereum creator Vitalik Buterin “full of shit” for his theory of the blockchain trilemma—a theory in which blockchain networks must make compromises in attempting to simultaneously balance security, scalability, and decentralization.
( Official Article: https://decrypt.co/101586/this-week-on-crypto-twitter-pharma-bro-shkreli-calls-out-vitalik-terra-2-0-nosedives-after-launch )
“Tesla merch can be bought with Doge, soon SpaceX merch too,” tweeted the multi-billionaire on Friday. When asked whether subscriptions for Starlink, a satellite-based, broadband internet system, might be payable in DOGE, he responded, “Maybe one day.”
( Official Article: https://decrypt.co/101521/elon-musk-spacex-dogecoin-doge-pumps )
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