One-Minute Blockchain News – May 08, 2022

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·       A crypto whale with more than 3 trillion Shiba has bought 1.2 million Ape coin. “U Today”

·       Upwards of 455 million WordPress websites accept Dogecoin payments. “U Today”

·       Shiba developer team is boasting about future SHIB projects. “U Today”

·       The crisis in Ukraine proved that charities and those in humanitarian crises, not the constantly referenced cartels and arm dealers, stand to benefit most from crypto adoption. “Coin Telegraph”

·       The CEO of Mining Capital Coin has been charged with running a 62-million-dollar fraud scheme. “U Today”

·       90 percent of banks responded positive to a survey about central bank digital currencies. “Coin Telegraph”

·       Russia’s ability to use cryptocurrencies to evade sanctions is limited by the small size of the crypto market. “Bitcoin News”

·       Gucci adds crypto payment mechanism at its stores in Los Angeles, New York City, and Las Vegas. “Coin Desk”

·       Almost half a billion Shiba have been burned within 24 hours. “U Today”

·       Senator Elizabeth Warren asked Fidelity why it ignores the labor department’s warning about crypto investments in retirement plans. “Bitcoin News”