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Optimism airdrop overwhelmed by all-time high demand: ‘Scaling is hard’

“Wow, what a day. OP Drop #1 had a turbulent launch which we finally stabilized after more than five hours of non-stop work,” Optimism stated. Source: https://cointelegraph.com/rss Optimism airdrop overwhelmed by all-time high demand: ‘Scaling is hard’

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Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto

Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ, adding they’re happy they didn’t “go head long” into a cryptocurrency offering. Source: https://cointelegraph.com/rss Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto

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In the wake of Terra’s collapse, South Korea plans new crypto oversight committee: Report

The infamous collapse of Terra may have hastened the creation of a supervision and control entity for digital assets, which is set to launch in early June. Source: https://cointelegraph.com/rss In the wake of Terra’s collapse, South Korea plans new crypto oversight committee: Report

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Chain (XCN) ignores the wider market downtrend by rallying 100%+ over the past month

BTC, ETH and altcoins spent most of May trading in the red. So, what’s behind XCN’s near-month-long 100%+ rally? Source: https://cointelegraph.com/rss Chain (XCN) ignores the wider market downtrend by rallying 100%+ over the past month

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Aussie consumer group calls for better crypto regs due to ‘lagging laws’

Australian consumer group CHOICE outlined its crypto regulatory framework in a submission to the country’s Treasury calling for the new federal government to prioritize crypto in its financial services reforms. Source: https://cointelegraph.com/rss Aussie consumer group calls for better crypto regs due to ‘lagging laws’