CDS Crypto News Breaking Crypto News – Key Highlights from 27 May Crypto News
Crypto News

Breaking Crypto News – Key Highlights from 27 May Crypto News

33
Breaking Crypto News - Key Highlights from 27 May Crypto News

Breaking Crypto News – Things You Need to Know About 27 May Crypto News

Breaking Crypto News – On the last Monday of May, the crypto agenda was the subject of many different scenes.

Argentina and El Salvador Join Hands to Understand the Nuances of Bitcoin

Argentina’s government is collaborating with El Salvador to gain insights from its experience with Bitcoin adoption and other cryptocurrency initiatives. As per the official release of CNV, a meeting was held between the National Commission of Digital Assets (CNAD) of El Salvador and the National Securities Commission (CNV) of Argentina to discuss the regulation and use of cryptocurrencies in both countries.

El Salvador‘s experience as the first nation in the world to accept Bitcoin as legal cash in September 2021 was a topic of discussion during the meeting on May 23 between CNV president Roberto Silva, CNV vice president Patricia Boedo, and CNAD president Juan Carlos Reyes. With a special emphasis on El Salvador’s Bitcoin instance, the officials discussed strategies and ideas for employing cryptocurrencies in international economies.

X Accounts of Crypto Influencers and Celebrities May Have Been Hacked

It’s believed that over the weekend, several celebrities and industry influencers had their X accounts hacked. The link to purchase the new token “RICH,” which was introduced on the Solana memecoin creation site pump.fun, was shared on the X account of American rapper “Rich The Kid” (Dimitri Leslie Roger) with his 2.3 million followers. At the same time, American media icon Caitlyn Jenner’s X account started promoting a new memecoin called “JENNER.” According to DEX Screener, the coin has already garnered a $27.1 million market cap since its inception, almost eight hours ago.

X Accounts of Crypto Influencers and Celebrities May Have Been Hacked
Breaking Crypto News - Key Highlights from 27 May Crypto News 1

Sullivan & Cromwell’s Innocence Proven

Sullivan & Cromwell, an independent bankruptcy attorney for FTX, was found to be ignorant of the massive fraud going on at the now-closed exchange. Former US prosecutor Robert Cleary claims that because Sullivan & Cromwell was intentionally misled by the trade, it produced misleading representations concerning FTX. 

Sullivan & Cromwell remains confident in our pre-petition work for FTX and the commencement of the Chapter 11 cases, and we welcome the examiner’s findings to date rejecting various baseless allegations about our work for FTX.

the firm

FAQ

What is CNV?

The National Securities Commission (CNV) is an Argentine government organization whose aim is to supervise, develop, and promote the country’s securities industry.

What is the National Commission of Digital Assets?

One important government agency that is tasked with monitoring and controlling El Salvador’s digital asset market is the National Commission of Digital Assets (CNAD). Tokens, cryptocurrencies, and other digital financial instruments are included in this.

What does it Mean to be a Crypto Influencer?

Influencers are specialists or celebrities who have amassed a devoted following on social media, listening to their thoughts on particular subjects—in this case, cryptocurrencies—on a regular basis.

For more up-to-date crypto news, you can follow Crypto Data Space.

Breaking Crypto News - Key Highlights from 27 May Crypto News
Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Crypto News- Ether and Meme Coins Lead the Recovery as Bitcoin Stays Muted

Here's a look at the latest price movements in the crypto markets...

Bitcoin Whales Liquidate $1B in BTC Over the Past Fortnight: CryptoQuant

Selling during this period aligns with net outflows observed from U.S.-listed bitcoin...

Crypto News – Stablecoin Transfer Volume Skyrockets: Surges 16-Fold Over Last 4 Years

The rise in stablecoin usage suggests increasing cryptocurrency adoption and a maturing...

Meme Coins and Macro: Peak Stress Among U.S. Credit Card Holders Since 2012

The increase in credit card loans overdue for more than 90 days,...