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📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price: $27,142

Bitcoin price has retreated all the way towards $27,000 over the last day of trading, in a rapid tumble from yesterday's price.

Top-20 altcoins have mostly seen small losses, as Ether and BNB each fall 2%, while XRP stands out with a 2% gain.

Top Stories for May 31, 2022 🔥

👉 Bybit Exchange Shuts Down For Canadian Customers

Crypto exchange Bybit has decided to pause its operations in Canada due to recent regulatory changes in the country.

Bybit follows in the footsteps of other crypto firms like Binance and OKX, which have also withdrawn from the Canadian market. Canada has implemented stricter regulations, including a pre-registration process and a ban on leveraged trading, leading to Bybit's decision.

Existing Canadian users of Bybit will no longer be able to make new deposits or enter new contracts on the platform from July 31, but they will be able to withdraw funds.

👉 Tron Had Critical Vulnerability Putting $500M At Risk

Tron, the second-largest blockchain network, had a critical vulnerability in its multi-signature accounts that put $500 million at risk.

The vulnerability allowed any single signer to gain unrestricted access to the accounts. The bug was discovered by cybersecurity research team 0d in February and was promptly fixed by Tron within days.

The vulnerability was related to the verification process of signatures. Tron confirmed that the issue has been resolved and the system is now secure.

👉 Binance To Delist Privacy Tokens In Several European Countries

Binance, a major cryptocurrency exchange, is set to delist privacy tokens in several European countries including France, Italy, Poland, and Spain.

Starting from June 26, tokens like Monero (XMR) and Zcash (ZEC) will no longer be available for trading on the Binance platform for customers in these countries. A total of 12 coins will be affected by the delisting, including Decred (DCR), Dash (DASH), Horizen (ZEN), and others.

Binance cited the need to comply with local laws and regulations regarding privacy coins as the reason for the delisting.

🥛 Best of May: 5 winners, 1 loser... ⏮️

Today on Milk Road: The winners and losers of May, Web3 Wednesday, and first class NFTs .