One-Minute Blockchain News – May 26, 2022

· The digital currency Monero is in fact the most profitable cryptocurrency on the market in the last seven days. “U Today”
· VAT exemption for crypto transactions in Thailand. “Bitcoin news”
· With liquidity issues in the NFT market, ERC-20 is replaced with ERC-721 token standard. “U Today”
· Hit BTC is among crypto exchanges supporting the revival of the collapsed Terra network after listing Terra’s new token. “Coin Telegraph”
· Dogecoin cofounder explained why he decided to stop investing in the crypto industry. “U Today”
· The governor of Bank of England insists that Bitcoin has no intrinsic value. “Bitcoin News”
· Brazil is going deeper into CBDC with a new test from Mercado Bitcoin. “Coin Telegraph”
· Uniswap has almost 4 million active addresses in addition to around 6 billion dollars in TVL. “Coin Telegraph”
· Crimes in the Metaverse should be illegal, according to the UAE minister. “U Today”
· Turkey is crafting legislation that would establish greater control over the crypto market and possibly tax it. “Bloomberg Crypto”