Hello everyone, and welcome again to the MNO blog which has been providing the most essential information on HYIP investments for nearly sixteen years now. Originally founded back in 2007 my site has never stopped educating readers on the subject while at the same time featuring the quality investment projects everyone talks about.

This HYIP season offers few in the way of new names, however one of the programs truly stands out from the pile and shines through with its superb performance for over three years now.

I’m talking of course about the always reliable ShuttleRent that I have recently successfully ended my first term on the renewed investment plan with better and higher rates even for smaller investments starting from a $50 minimum (which is the price of one “car”). So, for investments below $500 in ShuttleRent you will get 3% on weekends (Monday to Friday) with a reduced rate of 1.25% on Saturdays and Sundays for a period of 60 calendar days. That will give you a net profit of 52% on expiry of a 60-day term. The ROI will grow with your investments with the biggest spenders able to get up to 4.7% on weekdays and 1.8% on weekends for the same 60-day period.

ShuttleRent works with many popular cryptocurrencies including BitCoin, LiteCoin, Ethereum, BinanceCoin, Tether USDT, Tron, Solana, Cardano, DogeCoin and Ripple. The withdrawals are usually processed instantly, but even in rare cases when manual approval is required it shouldn’t take more than 72 hours before you see the money credited to your cryptocurrency wallets. ShuttleRent has deservedly gained investors’ confidence and will hopefully last for much longer to bring profits to savvy investors. Fingers crossed for that, guys!

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Let’s get back to the main subject of today’s article – Weekly CryptoNews Digest. This time it covers the period from May, 22 to May, 28, 2023. I will be offering you some interesting overview of things that has happened in the crypto market over the last seven days. Let’s start right away, shall we?

EXCHANGE RATE AND TRADING OVERVIEW

The cryptocurrency market overall had a mixed week, with some coins seeing gains and others losses. Bitcoin, the largest cryptocurrency by market capitalization, closed the week down 3.5% at about $28K. Ethereum, the second-largest cryptocurrency, closed the week down 4.2% at $1.9K.

Here are some of the top headlines from the crypto market last week in brief:
– Bitcoin price rebounds after US debt ceiling talks
– Ethereum price reclaims $1,900 level
– Cryptocurrency adoption continues to grow
– New regulations could be on the horizon for the crypto market

Overall, the crypto market was relatively stable last week. However, there are some concerns that the market could be headed for a correction. Investors should be aware of the risks involved in investing in cryptocurrencies and should only invest money that they can afford to lose.

Some of the key factors that could impact the crypto market in the coming weeks include: the US debt ceiling, the ongoing war in Ukraine, the Federal Reserve’s interest rate hikes and potential new regulations for the crypto market.

Investors should monitor these factors closely and make adjustments to their portfolios as needed. But here are some other stories that happened on the crypto market over the last week I find interesting to share with MNO readers.

BINANCE LAUNCHED NFT LOAN FEATURE

Binance launched its NFT Loan feature on May 26, 2023. This feature allows users to borrow cryptocurrency using their NFTs as collateral. The loan amount is based on the value of the NFTs, and the interest rate is determined by the borrower’s credit score.

The NFT Loan feature is available to users who have a Binance account and who have NFTs in their wallet. To borrow cryptocurrency, users must first create a loan application. The application will ask for information about the NFTs that the user is willing to use as collateral. Once the application is approved, the user will receive the borrowed cryptocurrency in their Binance account.

The NFT Loan feature is a way for users to access liquidity without having to sell their NFTs. This can be helpful for users who need money for unexpected expenses or who want to invest in other NFTs. However, it is important to note that there are risks associated with borrowing cryptocurrency. If the user defaults on the loan, they could lose their NFTs.

However, Binance users should make sure that they are using a secure platform and that they are taking steps to protect their assets.

We can conclude that the new Binance NFT Loan feature is a valuable tool for NFT holders who need access to liquidity. However, it is important to understand the risks involved before using the feature.

GLOBAL CRYPTO HACKING FALLS BY 70%

Global crypto hacking fell by 70% in the first quarter of 2023, according to a recent report from TRM Labs. The report states that $400 million was lost across nearly 40 cryptocurrency attacks in the first three months of 2023, but that figure is still down 70% from the same period in 2022.

The report attributes the decline in hacking to a number of factors, including:
– Increased security measures by cryptocurrency exchanges and wallets.
– Increased awareness of cryptocurrency scams among investors.
– The rise of decentralized finance (DeFi), which makes it more difficult for hackers to steal funds.

Despite the decline in hacking, the report warns that cryptocurrency investors should still be vigilant and take steps to protect their assets. These steps include:
– Using strong passwords and two-factor authentication.
– Only storing funds on reputable exchanges and wallets.
– Avoiding cryptocurrency scams.

The report also notes that the cryptocurrency industry is still relatively new and that hackers are constantly finding new ways to exploit vulnerabilities. As a result, it is important for investors to stay up-to-date on the latest security threats and to take steps to protect their assets.

AI TOKENS JUMP FOLLOWING NVIDIA REPORT

Many AI tokens jump following Nvidia’s report. On May 25, 2023, Nvidia reported strong earnings and revenue for the first quarter of 2023. The company also gave an optimistic outlook for the second quarter. This news boosted investor confidence in the semiconductor industry, which is a key driver of AI development. As a result, AI tokens saw a surge in price.

Some of the AI tokens that saw the biggest gains include:
– SingularityNET (AGIX): AGIX rose as much as 19%, according to CoinMarketCap, to 29 cents.
– Cortex (CTXC): CTXC rose 6% to 17 cents.
– Measurable Data Token (MDT): MDT added 6.5% to reach 4 cents a coin.
– Fetch.ai (FET): FET, with a market cap of $195 million, gained nearly 5% to trade at 23 cents.

It is important to note that AI tokens are still a very risky investment. The market is volatile and there is no guarantee that prices will continue to rise. However, the long-term potential for AI is very promising and investors who are willing to take on risk may be rewarded.

BALI GOVERNOR ISSUES WARNING TO TOURISTS USING CRYPTO

Bali Governor Wayan Koster issued a warning to tourists using cryptocurrency on May 28, 2023. He said that tourists who use cryptocurrency to pay for goods and services in Bali will be “dealt with firmly.“

Koster’s warning comes after a number of reports of tourists using cryptocurrency to buy goods and services in Bali. In one case, a tourist was reportedly able to buy a motorbike using Bitcoin.

Koster said that the use of cryptocurrency in Bali is illegal. He said that the only legal tender in Indonesia is the rupiah.

Koster’s warning is likely to have a chilling effect on the use of cryptocurrency in Bali. It is also likely to deter tourists from using cryptocurrency in Indonesia.

Here are some of the reasons why Bali’s government is cracking down on the use of cryptocurrency:
– Cryptocurrency is not regulated in Indonesia. This means that there is no government oversight of cryptocurrency exchanges or transactions.
– Cryptocurrency is often used for money laundering and other illegal activities. The Indonesian government is concerned that the use of cryptocurrency could facilitate crime.
– Cryptocurrency is volatile. The value of cryptocurrency can fluctuate wildly, which could make it a risky investment for tourists.

It is important to note that cryptocurrency is not illegal in Indonesia. However, the use of cryptocurrency for payments is banned. Tourists who use cryptocurrency to pay for goods and services in Bali could face stiff penalties, including deportation.

BITCOIN PIZZA DAY MARRED BY MEME COIN SCAMS

And finally, have you guys heard of Bitcoin Pizza Day? If not then here is some interesting info about its origins and why it is now not what it used to be.

Bitcoin Pizza Day is an annual celebration of the first time Bitcoin was used to purchase a physical good or service. On May 22, 2010, Laszlo Hanyecz paid 10,000 Bitcoins for two pizzas from Papa John’s. At the time, the value of 10,000 Bitcoins was about $25. Today, those same 10,000 Bitcoins would be worth over $300 million.

Bitcoin Pizza Day is a reminder of the early days of Bitcoin, when it was still a relatively unknown and experimental currency. It is also a reminder of the potential of Bitcoin to revolutionize the way we pay for goods and services.

In recent years, Bitcoin Pizza Day has become a popular event for the cryptocurrency community. Many people celebrate the day by buying pizzas with Bitcoin, or by simply talking about Bitcoin and its potential.

However, recently Bitcoin Pizza Day was marred by a flurry of pizza-related meme coins that were launched in the lead-up to the event. These coins were often promoted as being the next big thing in cryptocurrency, but many of them turned out to be rug pulls or honey pots.

A rug pull is a type of scam where developers create a new cryptocurrency and then promote it heavily. Once they have attracted enough investors, they sell their own tokens and disappear with the money. A honey pot is a similar scam, but in this case the developers create a cryptocurrency that is deliberately designed to be unsellable. This means that investors can only lose money, as they will never be able to sell their tokens for a profit.

In the case of Bitcoin Pizza Day, four of the 14 pizza-related meme coins that were launched were confirmed to be rug pulls. Additionally, five other coins raised suspicions of being honey pots. As a result of these scams, investors lost around $200 grand.

The rise of meme coins is a worrying trend for the cryptocurrency industry. These coins are often promoted as being easy ways to make money, but in reality they are often just scams. Investors should be very careful before investing in any new cryptocurrency, and they should always do their research before buying any tokens.

In addition to the rug pulls and honey pots, Bitcoin Pizza Day was also marred by a number of other scams. For example, some scammers created fake websites that looked like legitimate cryptocurrency exchanges. These websites would then trick investors into depositing their money, which would then be stolen by the scammers.

Overall, Bitcoin Pizza Day was a disappointing event for the cryptocurrency industry. The rise of meme coins and the number of scams that were perpetrated on investors overshadowed the celebration of the first-ever commercial transaction using Bitcoin.

That will be all I had to report in today’s Weekly CryptoNews Digest. Tune in next Monday to the MNO blog to find out what is about to happen within this upcoming week.

GET PAID REPORT FOR 29/05/2023

Here is the list of the programs from my monitor that paid me for the last 168 hours:
From MNO Sticky list: –
From MNO Premium list: –
From MNO Standard list: –
From MNO Basic list: ShuttleRent.

And that’s about all for today on the MNO blog. Thanks for reading and see you soon on MNO – For Money Lovers!