A must read crypto articles shared by Noozzle!
🤡We start off with some of the most relevant and attention grabbing news from the Craig Wright saga. Wright is in an ongoing battle with the estate of a gentleman named Dave Kleiman who is alleged to have had over 1 million btc stolen from him sometime around his death in 2013. His estate is seeking $10 billion in damages. Wright provided a provable fake email in which Kleiman would have spelt his name wrong, in addition to false time stamps. Kleiman’s legal council are attempting to strike this piece of evidence from the record.
https://www.ccn.com/satoshi-nakamoto-expert-witness-testifies-craig-wright
Cryptocurrency enthusiasts have been trying to court Elon Musk for years. Getting one of the leading tech thought leaders and owner of various multi-billion dollar companies would be a huge accomplishment and create a new era. Accordingly, Binance CEO CZ has been trying to sell Musk on creating his own cryptocurrency for his company Space X. Musk has dropped a few small hints having exchanges with Ethereum co-founder Vitalik Buterin to stoke the fire.
https://www.ccn.com/cryptos-mark-zuckerberg-pitches-spacex-coin-to-elon-musk
🤷Most of us are familiar with the recent investigation into USDT (Tether) and it’s solvency. The currency is supposed to be backed 1:1 by their initial claims, although a recent audit showed that it was only backed roughly 74%. Resulting from this audit we have seen increases in the market cap of a number of leading currencies, drawing many to speculate that many tether holders are moving capital into other large cap alts out of fear of further adverse news coming from USDT.
https://www.ccn.com/why-bitcoin-surged-tether-scandal-litecoin-bitcoin-cash-soar
Crypto market cap tracker CoinMarketCap (CMC) will remove exchanges from its calculations if they fail to provide mandatory data by June, the firm wrote in its sixth anniversary blog post on May 1. As a part of its transparency initiative, CoinMarketCap will also now require all the crypto exchanges to provide mandatory API data that includes their live trading data and live order book data. We applaud this attempt at increased transparency.
In perhaps the most bullish news we have seen in some time, on-chain transactions on the bitcoin network are at an all time high since the end of the last bull-run in 2017. It’s tough to call a bottom in the market, but most main-stream analysts believe we are there!!
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