Hodler's Digest, May 13-19: Top Stories, Price Movements, Quotes and FUD of the Week

Top Stories This WeekComing every Sunday, the Hodler's Digest will help you track every single important news story that happened this week.

Bitstamp Starts Investigation After Large BTC Sell Leads to $250 Million Liquidated on BitMEXMajor crypto exchange Bitstamp launched an investigation this week after a large bitcoin sell order heavily impacted its order book.

Other crypto media noted that it involved a sell order that led to a liquidation of $250 million long positions on the BitMEX exchange with 5,000 BTC sold at $6,200, which further resulted in price declines on other crypto exchanges.

Flexa Launches App Where Shoppers Can Spend Crypto at 15 Major U.S. RetailersPayments startup Flexa unveiled an app this week that allows consumers to spend cryptocurrencies at major American retailers.

Loeffler noted in a Medium post this week that Bakkt is working with both the Intercontinental Exchange Futures U.S. exchange and ICE Clear U.S. clearing house to prepare the first testing of bitcoin futures trading and custody.

EBay Denies Rumors It Will Start Accepting Crypto, Despite Advertising at Crypto EventEBay has denied rumors after Blockchain Week that it is going to start accepting cryptocurrency as a payment method.

Rumors have mounted that the online retail giant would be offering crypto as a payment option since ads were shown at crypto conference Consensus stating: "Virtual currency. It's happening on eBay." However, it does currently have a section marked Virtual Currency, where people can use traditional monetary forms to purchase crypto from sellers.

Hacked New Zealand Exchange Cryptopia Appoints Liquidators, Trading SuspendedHacked New Zealand-based cryptocurrency exchange Cryptopia said this week that trading was suspended and it was appointing liquidators.

Best Cointelegraph FeaturesMajor Crypto Exchange in Korea Shut Down in April: 2018 Was a Nightmare for MostJoseph Young explains what's been happening with South Korean cryptocurrency exchanges, as they suffered through a freeze on accepting new registrations as well as the overall bear market.

What Crypto Exchanges Do to Comply With KYC, AML and CFT RegulationsSince most altcoins require crypto enthusiasts to purchase them via cryptocurrency exchanges, Cointelegraph takes a look at how these exchanges work with Anti-Money Laundering, Know Your Customer and Combating the Financing of Terrorism regulations to ensure both safety and regulatory compliance.