October 1, 2022


It’s been a busy week that has seen millions of hacks and one of Bitcoin’s biggest evangelists step down. Additionally, U.S. cryptocurrency regulations have moved up a notch. let’s see.

bitcoin

Michael Saylor, former CEO of business intelligence company MicroStrategy, Changed to Chairman After 30 years at the helm.

Ethereum

As the Ethereum-inspired rally continues, coveted flip It started to be talked about again. The eth merger has also just started, if it’s going well and the news event is over, why shouldn’t the new high-performance ethereum surpass bitcoin in market cap?

Coinbase announced in a blog post on Monday that Coinbase Prime is Add Ethereum Its growing list of staking options for US domestic institutional clients.

Decentralized Finance

Cross-chain token bridge Nomad Attacked on Monday, August 1st, the attacker drains almost all the funds of the protocol. The total value of cryptocurrencies lost to the attacks totaled nearly $200 million. Nomad announced it had recovered $22 million.Data from Etherscan shows Nomad has recovered About $22.4 million out of $190 million (11.4%) This was drained during the hack after the team announced the reward.

After publishing its attack on Solana, Near Protocol released Official disclosure details Entering a similar issue, it claims the issue has been fixed and resolved in early June.

Altcoins

It is reported that some hackers have For Solana Ecosystem, losses are approaching the billion-dollar mark.Multi-million dollar Solana wallet hacked trace back A private key vulnerability bound to the Slope mobile wallet application.

technology

Web3 platform Alchemy owned Marking its entry into the Polkadot ecosystem, announcing a key partnership with the Polkadot network’s parachain Astar Network. Once the transaction is complete and implemented, Astar can leverage Alchemy’s node infrastructure.

Business

ZB cryptocurrency exchange bills itself as one of the safest exchanges in the crypto space. However, despite strong security measures, the exchange has become the latest entity in the crypto space to fall victim to a constant stream of hacking attacks.According to the latest details provided by PeckShield, the exchange has Lost approximately $4.8 million in a coordinated attack.

Fashion brand Gucci announced, Add ape coins to its list of accepted cryptocurrencies.

Troubled cryptocurrency lender Voyager Digital Approved to return some client funds A judge at New York’s Metropolitan Bank of Commerce (MCB) is presiding over the company’s bankruptcy proceedings. The ruling clears the way for Voyager Digital to return about $270 million in frozen client funds.

regulations

According to a staff member in the office of U.S. Senator Cynthia Lummis, every exchange in the country, as well as Binance Investigated by the U.S. Securities and Exchange Commission (SEC).

The Bank of Japan has Shelving its CBDC pilotclaiming that further exploration and understanding of the market is required.

NFT

CEO Zuckerberg announces that Meta is Expanding support for NFTs Let Instagram reach users in more than 100 countries across international borders.

Jewelry brand Tiffany & Co. has launched its diamond-studded and NFT-backed CryptoPunk Pendants.

Disclaimer: This article is for informational purposes only. It is not intended or intended to be used as legal, tax, investment, financial or other advice.





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