Today’s Top Crypto News – Monday, 5/16/22

•Bitcoin has no future as a payments network, says FTX chief – FT

“Bankman-Fried criticises biggest digital asset over inefficiency and high environmental costs”

•Fantom Stablecoin DEI Becomes Latest to Lose Dollar Peg – CoinDesk

“DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.”

•Bitcoin investment giant Grayscale debuts ETF in Europe – CoinTelegraph

“Grayscale announced its first European ETF, listing on the London Stock Exchange, Borsa Italiana and Deutsche Börse Xetra.”

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