🥁 UK Core Inflation Hits a 28-Year High
PLUS: What this means for Bitcoin, Binance accused of commingling funds, and more!

BEN Beats
May 25, 2023


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Trending News 🗞️
Upcoming Events & Promo Codes 💫
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Resources to Get Crypto Smart 🧠
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UK Core Inflation Hits a 28-Year High
Oh boy, UK core inflation is soaring. It was just 2% less than two years ago, and now reached 6.8% in April, its highest since 1992.
High core inflation leads to high bond yields and increasing uncertainties.
In other countries, such times of uncertainty have pushed investors towards Bitcoin. For example, in Turkey, inflation has surpassed 100% over the past three years, and BTC/TRY trading volume increased significantly.
Trending News 🗞️
1. Chinese companies selling synthetic opioid chemicals raked in $27M in crypto payments. Who knew opioids could be so lucrative?
2. Cardano’s native DeFi protocols surge as TVL soars 230% in 2023. Are things turning around for Cardano?
3. Crypto giant Binance commingled customer funds and company revenue, former insiders say. Remember kids, commingling funds isn’t as fun as it sounds!
4. Biden won’t accept debt deal protecting crypto traders. He says it will hurt food assistance programs.
5. Coinbase Files Mandamus Petition in Response to SEC. What does Mandamus mean?
6. Ledger CEO says ‘sharded’ recovery seeds could be disclosed on subpoenaes. Read this before continuing to use Ledger!
7. NFT Lending Platform Blend Surges Past 100,000 Ethereum in Total Volume. That’s a lot! NFTfi narrative incoming?
8. Pudgy Penguins’ Debut Toy Collection A Success: $500K in 48 Hours. You can buy them on Amazon now.
Meme Break 🐸

Upcoming Events & Promo Codes 💫
May 26 - 28 | ETHDublin | Dublin, Ireland
🇮🇱 May 28 - Jun 1 | Tel Aviv Blockchain Week | Tel Aviv, Israel
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🇺🇸 Jun 12 - 13 | 3XP Web3 Gaming Expo | Pasadena, USA
🇸🇬 Jun 12 - 17 | Web3 Gaming Week | Singapore, Singapore
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🇧🇷 Jun 21 - 25 | Ethereum Brasil | Sao Paulo, Brazil
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New Remote Jobs 💼
🔧 Senior Software Engineer -C++ at Kraken
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💵 Senior Financial Systems Analyst at Kraken
🔧 Senior Quantitative Software Engineer at Kraken
🧮 Financial Reporting Accountant at Moonpay
🛠️ Senior Smart Contract Engineer at Uniswap Labs
🔧 Full-Stack Software Engineer, Social Media at Aptos
🎨 Senior Brand Designer at Kraken Digital Asset Exchange
Resources to Get Crypto Smart 🧠
Ponder Crypto - A weekly email that will entertain and educate readers on all things crypto in just 5 minutes!
Web3 Daily - The latest Web3 news, but translated into plain English, so anyone can understand it.
Alts.co - a newsletter about investing in alternative assets like art, LEGOs, NFTs, farmland, and more!
Early Bird - Join over 1000 investors to learn about stocks, cryptocurrency, and crowdfunding in 3 minutes or less
Morning Brew - The daily email that delivers the latest news from Wall Street to Silicon Valley
Featured Web3 Tool

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Other useful tools:
Featured Tweet 🐦
Follow the smart money: Explore all recent Web3 investments from Tier-1 VCs in one infographic.
Who are you keeping an eye on today?
🧵 1/11 https://t.co/EQA93EaSud
— Stacy Muur (@stacy_muur)
May 23, 2023
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Disclaimer: This newsletter is purely educational and is not intended to be financial advice. Please don't take it as such. This is not an invitation to buy or sell digital assets, nor does it suggest how you should make financial decisions. Always do your own research.
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