Cryptbuzz

United States Senators Lash Out At Signature’s Executives For Blaming Bank’s Collapse On Crypto After “Reckless” Management As investigations into Silvergate Banks ramp up, discoveries alongside the blame game from different sources come to light. ift.tt/YADHjqP

Study: 40% of Surveyed African Banks See Fintech and Telcos as 'High Threats' – Africa Bitcoin News According to the African Banker magazine, fintechs along with digital-first banks and mobile money have revolutionized the banking industry. ift.tt/1YfxHE0

'In Hindsight the Metaverse Will Be Obvious and Inevitable' Says Affyn CEO Lucaz Lee – Interview Bitcoin News Lee suggested that when this point is reached, entering and exiting the metaverse will be as easy "as ordering dinner from a takeaway app." ift.tt/UlzkNOg

US Expands 'Unprecedented Global Sanctions' on Russia With Over 300 New Targets – Economics Bitcoin News The U.S. has imposed new sanctions on Russia "in coordination with the G7 and other international partners." ift.tt/eahpP6c

Canada And Australia Continue Consultation And Research Into CBDCs According to a May 8, 2023 press release, the Bank of Canada has launched online public consultations to understand the features that ift.tt/MxtVAPK

Ripple's Brad Garlinghouse Blames Confusing U.S. Crypto Rules for Flow of Investment to Europe and Asia Regulations play a critical role in reshaping the global cryptocurrency business, which is undergoing considerable changes. In a recent ift.tt/eZQH8kf

Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements – Economics Bitcoin News The governments of Russia and Iran are starting to phase out the U.S. dollar for bilateral trade settlements according to PM Alexander Novak. ift.tt/tKUGajV

Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay – Regulation Bitcoin News Hong Kong has commenced its e-HKD CBDC pilot with 16 firms including HSBC, Bank of China, Standard Chartered, Alipay, Visa, and Master… ift.tt/pn50Cmw

Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume – Altcoins Bitcoin News LTC has seen a substantial influx of Ordinal inscriptions, with Litecoin registering over 2.58 million inscriptions to date. ift.tt/iGAE9g1

Did Satoshi Nakamoto Envision the NFT Era? Early JPEG Sale Suggests So Despite still being fairly new, non-fungible tokens (NFTs) have taken the art and digital collectables market by storm. However, according ift.tt/eVYwQcN