The outflows totalled $32 million last week, pushing total during the streak to $232 million. Source: https://www.coindesk.com/markets/2023/05/22/bitcoin-spurs-5th-consecutive-week-of-outflows-at-crypto-investment-funds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion. Source: https://www.coindesk.com/markets/2023/05/22/usdt-trading-volume-falls-to-multi-year-lows-market-cap-rise-is-questionable-kaiko-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Many large countries around the world, including Pakistan and Nigeria, suffer currency turmoil. And, despite official efforts to curb crypto activity, there are signs their citizens are turning to …

To enroll, students must mint a “DAOphin” NFT by Process Grey, the artist behind the popular Goblintown collection. Source: https://www.coindesk.com/web3/2023/05/22/web3-educational-company-upstream-launches-learn-and-earn-dao-course/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The misguided Digital Asset Money Laundering Act sponsored by Senators Elizabeth Warren and Roger Marshall may be dead on arrival, but the crypto community should not ignore the conflict …

The 13th anniversary of the first bitcoin transaction has taken a nefarious turn with meme coin issuers profiting over $200,000 from pizza-related rug pulls. Source: https://www.coindesk.com/business/2023/05/22/bitcoin-pizza-day-turns-sour-as-meme-coin-shysters-profit-over-200k-in-rug-pulls/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The curated NFT marketplace is running a two-month pop-up of 0x.17 gallery, beginning with a solo exhibition from artist Claire Silver about our future with AI. Source: https://www.coindesk.com/web3/2023/05/22/superrares-latest-nyc-gallery-pop-up-will-bring-human-connection-back-to-nft-art/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Per Observers, U.S. Treasury’s efforts to build back cash balances post-debt deal will suck out the dollar liquidity from system, pushing bitcoin lower. Source: https://www.coindesk.com/markets/2023/05/22/us-debt-deal-may-weigh-over-bitcoin-observers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court. Source: https://www.coindesk.com/policy/2023/05/22/crypto-lender-blockfi-ordered-to-withdraw-unapproved-reorganization-plan-shared-prematurely/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform. Source: https://www.coindesk.com/business/2023/05/22/crypto-trading-platform-hotbit-terminates-cex-operations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines