Monday, May 29 - Top Crypto News

In today's headlines, we see that the Jimbos Protocol based on Arbitrum has unfortunately been hacked, causing a loss of 7 and half Million dollars in Ether, and this happened just three days after their V2 launch. Across the globe, the US suspending...

Episode 46 of the Good Morning Crypto podcast, hosted by ARCARO, titled "Monday, May 29 - Top Crypto News" was published on May 29, 2023 and runs 3 minutes.

May 29, 2023 ·3m · Good Morning Crypto

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Summary

In today's headlines, we see that the Jimbos Protocol based on Arbitrum has unfortunately been hacked, causing a loss of 7 and half Million dollars in Ether, and this happened just three days after their V2 launch. Across the globe, the US suspending its debt ceiling appears to have prompted price hikes in both Bitcoin and Ethereum. Hong Kong is currently attempting to balance the regulation of retail crypto trade, a feat not easily accomplished. Amidst growing regulatory uncertainty in the US, crypto exchange Gemini has decided to launch their European headquarters in Ireland. Lastly, we see a TikTokker who has mortgaged their house to buy XRP now losing money.

Episode Description

In today's headlines, we see that the Jimbos Protocol based on Arbitrum has unfortunately been hacked, causing a loss of 7 and half Million dollars in Ether, and this happened just three days after their V2 launch. Across the globe, the US suspending its debt ceiling appears to have prompted price hikes in both Bitcoin and Ethereum. Hong Kong is currently attempting to balance the regulation of retail crypto trade, a feat not easily accomplished. Amidst growing regulatory uncertainty in the US, crypto exchange Gemini has decided to launch their European headquarters in Ireland. Lastly, we see a TikTokker who has mortgaged their house to buy XRP now losing money.

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