One-Minute Blockchain News – May 05, 2022

·       About 133 million dollars Bitcoin were liquidated last week and taken out of market circulation. “Coin Telegraph”

·       The founder of Ethereum Vitalik Buterin believes that Ethereum fees are too high and they should come under 0.05 dollars. “Crypto Briefing”

·       Federal reserve hikes interest rate by 50 BPS, equal to 0.5 percent, the largest increase since 2000. “Investing.com”

·       Bitso has officially listed Dogecoin according to a recent announcement. “U Today”

·       Bentley University, a private college in Massachusetts, has stated that it now accepts Bitcoin, Ethereum, and USDC. “Bitcoin News”

·       As Senate primaries in the US end, crypto candidates take the lead from both sides. “U Today”

·       South Korea’s newly-elected president intends to defer taxation of crypto until a new set of regulations can be developed. “Coin Telegraph”

·       A well-known Bitcoin miner saw a near 31 percent monthly dip in Bitcoin production in April. “Coin Desk”

·       Rick Ross wants crypto investors to flaunt their wealth. “U Today”

·       Founder of Algorand compared Bitcoin to a Neanderthal man. “U Today”