Daily News Headlines | Latest Crypto News (18th May) | Cryptoknowmics

Here are the top 5 crypto news for the day!

Let’s dive into the news headlines one by one and see how they’ll be affecting the crypto space as we know it, in the coming days.

Legacy Records Becomes The First to Pay Performers in Cryptocurrency

Legacy Records has joined the cryptocurrency bandwagon as it continues to find connection throughout artistic mediums, from painters to digital artists to musicians. Legacy Records CEO, Keishia McLeod, stated in a news statement issued earlier this week that it came down to “either get involved or get left behind.”

Transaction Fees On Bitcoin And Ethereum Falls By 70%

The transaction fees are declining rapidly for Bitcoin and Ethereum as the prices of the coins decline from their recent ATHs. Amid the ongoing decline in the crypto market, the transaction fees on Bitcoin and Ethereum have reduced by 81% and 71% respectively.

FOX Animated Series To Be Curated On Blockchain & NFT’s

Fox Entertainment is establishing Blockchain Creative Labs to develop NFTs based on the network’s programming. Krapopolis is the first animated series to be curated on Blockchain, and Fox and Bento Box enter the NF industry.

Kim Dotcom Says Bitcoin Cash Is Exactly What Elon Musk Wants

According to Kim Dotcom, the creator of the once-popular MegaUpload file-hosting site, Bitcoin Cash (BCH) is exactly what Elon Musk wants in terms of an eco-friendly digital asset with a fast duration. He had previously stated on Twitter that Elon Musk, as a great entrepreneur, has opened the discussion regarding Bitcoin not being the ideal digital asset that many assume it is.

Mark Cuban And His Son Purchase DOGE Yet Remain Skeptic

Billionaire Mark Cuban admits to owning more than 3,000 Dogecoins, but he is skeptical that DOGE will become a commonly utilized payment method. He also admits to owning 3,250 Dogecoins, which he purchased together with his son.