Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long? Source: https://cointelegraph.com/magazine/yuan-stablecoin-team-arrested-wechats-new-bitcoin-prices-hk-crypto-rules-asia-express/

Days after Digital Currency Group’s TradeBlock started winding down operations, investment bank TD Cowen has also announced its crypto unit’s closure. Source: https://cointelegraph.com/news/investment-bank-td-cowen-shuts-crypto-unit

Luca Netz suggested that Pudgy Penguins is pushing for Web3/blockchain as a “back end not front end” approach, as it makes its IP as accessible as possible. Source: https://cointelegraph.com/news/pudgy-penguins-ceo-nft-success-bear-market

Nvidia share prices have more than tripled since October last year as demand for AI tech surges. Source: https://cointelegraph.com/news/nvidia-briefly-hits-1-trillion-market-cap

While “no misconduct” was determined by Temasek’s internal review, staff involved with the FTX investment will see a dent in their pay package. Source: https://cointelegraph.com/news/temasek-compensation-ftx-investment

Its owner acquired the tokens during Ethereum’s ICO in 2015, when each ETH was worth only 31 cents each. Source: https://cointelegraph.com/news/dormant-ethereum-ico-wallet-awaken-years

There are currently many from the Democratic and Republican parties bidding for the job of president. Here’s what they’ve said about crypto. Source: https://cointelegraph.com/news/2024-us-presidential-candidates-crypto-stance

According to a source familiar with the negioation there “might be one or two small things they need to finish.” Source: https://cointelegraph.com/news/biden-rep-mc-carthy-tenative-u-s-debt-ceiling-deal-report

FTX reboot is in the works, Multichain issues spark uncertainty and Sam Altman’s crypto project Worldcoin raises millions of dollars. Source: https://cointelegraph.com/magazine/ftx-2-0-coming-up-multichain-fud-and-worldcoin-raises-six-figures-hodlers-digest-may-21-27/

On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000. Source: https://cointelegraph.com/news/cronos-labs-launches-second-cohort-of-100m-web3-accelerator