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  • May 22: Bitcoin Pizza Day

Every year on May 22, the cryptocurrency community commemorates Bitcoin Pizza Day, an event etched in the history of the industry. Back in 2010, programmer Laszlo Hanyecz made a remarkable purchase that would become a symbol of the era: two pizzas bought for an astonishing amount of 10,000 BTC. Today, those coins hold a dollar value of an astounding $270 million.

In May 2020, Laszlo reminisced about this moment and shared the story, revealing that he had mined a total of 100,000 BTC and decided to spend a portion of it on pizza. He either exchanged or sold the remaining coins. Although he only made a few thousand dollars from the transaction, it was enough to fund a new computer.


  • DASH Network Glitch

During the activation of the v19 update, the DASH network encountered a glitch that resulted in a 9-hour block outage. FixedFloat temporarily suspended DASH exchanges. As of the time of writing, the currency is available for exchanges in standard mode.


  • Ledger Postpones Launch of SEED Recover Feature

Following intense criticism from the cryptocurrency community, Ledger has decided to delay the release of its key recovery feature. Last week, Ledger introduced a new service called Ledger Recover, which enables users to securely back up their original phrases using three guardians. This feature would allow wallet owners to recover their private keys in case of lost or forgotten original phrases. However, the implementation of this feature would require a KYC client verification process to confirm the user's identity.

Ledger faced immediate backlash from members of the cryptocurrency community who expressed their opposition to the idea of sharing seed phrases with others. Twitter and Reddit users voiced their feelings of betrayal, as Ledger had previously emphasized that wallet private keys would never leave the device. Ledger CEO Pascal Gauthier apologized to the community and acknowledged that the company has learned from the incident. He also mentioned that certain parts of the Ledger code have already been made open source, and further steps will be taken in that direction in the near future.


  • Coincraddle has developed its own exchange telegram bot!

Now there are even more ways to exchange in a convenient messenger format.


  • Japan Strengthens Measures Against Money Laundering in Cryptocurrency Sphere

Japan is stepping up its efforts to combat money laundering through cryptocurrencies. Tokyo has chosen a path that does not involve banning the use of digital currencies but instead focuses on strict regulation. According to Japan Today, starting from June 1, a mechanism will be implemented requiring financial institutions to report information about cryptocurrency funds used in transactions to regulatory bodies.

In line with the requirements of the Financial Action Task Force (FATF), crypto platforms will be obligated to identify their users and conduct thorough analysis of their transactions. Despite Tokyo's ongoing efforts to tighten control over cryptocurrencies since 2021, FATF believes that further measures are necessary to ensure effective prevention of money laundering.

Furthermore, in June 2022, the Japanese parliament passed a law aimed at protecting investors. The law introduced the concept of "digital currency" and established criteria for liquidity and transparency specifically for stablecoins. Issuers of stablecoins are now required to hold a license, and the issuance of digital assets will only be permitted for registered Japanese cryptocurrency exchanges and trusted companies.