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Kazakhstan ramps up power consumption reporting requirements for crypto miners
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Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity ...

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Nifty News: Louis Vuitton and Johnnie Walker dabble in Web3
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Other notable NFT news this week includes Larva Labs deleting all of its Tweets and Elon Musk briefly changing his Twitter PFP to Bored Ape Yacht Club collage.

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France’s financial authority approves Binance’s registration as digital asset service provider
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Binance said it would “significantly scale” its operations in France following the registration approval, and planned to expand its team “to pursue further ...

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Coinbase’s plans to purchase firm behind Mercado Bitcoin fall through: Report
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The crypto exchange previously announced the acquisition of blockchain infrastructure platform Bison Trails as well as the Routefire platform.

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Bitcoin wobbles around $39K as Fed confirms up to 1% key rate target next
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So far, so good for markets pricing in a 50-basis-point hike from the Fed, with chair Jerome Powell still to speak.

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Fed hikes interest rates by 50 basis points in effort to combat inflation
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The May Federal Open Market Committee policy meeting concluded with the largest single rate hike in over two decades.

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Ethereum “Flippening” debate to resurface post-Merge?
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Once upon a time in crypto-land, the word “Flippening” was brandished about daily. The term is slang for the much-discussed possibility of Ethereum “flipping” ...

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Hundreds of NFTs listed on OpenSea from Shanghai residents during COVID lockdown
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In response to the city’s COVID-19-related lockdown, Shanghai residents turned to the blockchain to preserve their experiences.

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Bitcoin pushes to $40K, but are bulls strong enough to win Friday’s $735M options expiry?
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$735 million in BTC options expire on May 6 and data suggests that the current macroeconomic conditions will continue to favor bears.

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California governor issues blockchain executive order building on US President’s regulatory efforts
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"We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive," said California Governor Gavin Newsom.

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How blockchain games create entire economies on top of their gameplay: Report
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Blockchain technology brings economic building blocks to games and sparks a tsunami of economic activity — inside and outside the games.

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MicroStrategy booked losses in Q1, with plunging Bitcoin price
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The largest corporate Bitcoin holder recorded a Bitcoin impairment loss of $170.1 million in the first three months of 2022 Its latest Bitcoin addition was ...

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