Welcome to another roundup of all things crypto from your favorite portfolio tracking and trading platform, Coinigy.
Last week, Jack Dorsey finally released his much anticipated Twitter crusher, Bluesky. Well, maybe we’re exaggerating the whole “crusher” part.
However, the new micro-blogging website has been touted as a more decentralized and free-speech-focused app for the Web3 community.
While the app is currently on the app store, you’d need an invite from a current user to access it.
On a lighter note, BTC almost touched $30k last week, with some analysts eyeing a $32k rise. It's already back to $28k as of writing, but let’s see how it fairs in May.
Ensure to start tracking the BTC price on Coinigy today to know when the spike happens.
Here are the highlights of last week.
- What to know about Bluesky, the Twitter alternative that some celebrities and journalists are joining
- $4M stolen through crypto phishing URLs promoted via Google ads
- First Republic Bank seized, sold in fire sale to JPMorgan
- Former FTX exec Ryan Salame’s home searched by FBI
- Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar
What to know about Bluesky, the Twitter alternative
Bluesky is the internet's buzziest social media platform — but you need an invite to get a look at it. The decentralized Twitter clone is in beta, and invites are scarce. Twitter is full of people asking others for Bluesky access codes to avoid being put on a waitlist. It's become the latest platform to be described as a potential Twitter replacement for some following Elon Musk’s takeover of the social media app. Read the full story.
$4M stolen through crypto phishing URLs promoted via Google ads
Recently people reported falling for the trap of crypto phishing scam losing more than 4 million USD. The phishing scam involved Google Ads services. The incident took place over the platform where illicit actors were promoting malicious and fraudulent websites. Read the full story.
First Republic Bank seized, sold in fire sale to JPMorgan
Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase in a bid to end the turmoil that has raised questions about the health of the U.S. banking system. Read the full story.
Former FTX exec Ryan home searched by FBI
Ryan Salame was the co-CEO of FTX Digital Markets, FTX's Bahamian subsidiary. The FBI searched his Maryland home on Thursday morning, The New York Times reported. Salame's attorney previously gave prosecutors information related to political donations, per Bloomberg. Read the complete story.
Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar
Bitcoin bulls fail to get a grip despite worries over U.S. banking sector stability, with BTC price near four-day lows. Read full story.
Other highlights Worth Mentioning
- Here's How Much Money FTX Really Has Left - Decrypt
- Bit4You Suspends Activities After CoinLoan Declared Insolvent - Crypto Daily
- Hong Kong regulator requires banks to open accounts for crypto firms - CoinDesk
- Circle launches cross-chain USDC transfer protocol for Ethereum and Avalanche - Cointelegraph
- PEPE Becomes Third-Largest Meme Coin - Bitcoinist