Newsletter Aug 11, 2022
Rogue Tornado Cash User Puts High-Profile Crypto Personalities In A Spot

So far, no one owns up to the act, but it has undoubtedly affected the addresses of high-profile crypto personalities and firms to potential regulatory trouble since the list directly interacted with the address of the just-sanctioned crypto mixing tool.

SHIB's Kusama Drops Major Surprise For Vietnam; Announces 'Shiba Eternity' Early Test Now Live

"I have a special treat for Vietnam soon. I'll keep you all posted. Just making sure we are present in that region," Kusama said in July.

Third Testnet Merge For Ethereum Is Live On Goerli

The third and final Ethereum testnet merge is finally live on the Goerli, with expected mainnet Merge to occur next month.

Hotbit Freezes Customer Withdrawals; Exact Time Of Resumption Unknown

Hotbit shared the news on Twitter alongside a GIF showing a crying Anya Forger from "Spy x Family."

$600,000 Drained From DeFi Project

Blockchain security firm PeckShield confirmed that the developers of Blur Finance have rugged the project and made away with $600,000.

Crypto On Thursday: Market Turns Bullish

The crypto market on Aug. 11 turned bullish with Bitcoin (BTC) aiming for $25,000 and Ether (ETH) aiming for $1,900.

The Future Of Work In The Metaverse

The metaverse, by design, was always intended to be more than just another ecosystem of "virtual reality"-based applications.

Hedge Funds Might Soon Need To Reveal Crypto Exposure

The SEC and CFTC want private funds with at least $500 million assets under management to disclose their exposure to crypto.

Cybercriminals Are Merrily Siphoning Off Funds Via Crypto's New-Found Achilles Heel

Cybercriminals have stolen around $1.4 billion crypto funds so far this year by attacking cross-chain bridges.

Musk Reveals Crypto Asset He 'Mainly' Supports Following Tesla's Bitcoin Dump

Musk mentioned that "the actual total transactional throughput capability" of the crypto asset he is supporting "is much higher than Bitcoin."

FTC Has Opened An Investigation Into BitMart Exchange

The investigation marks the first time time the enforcer of federal consumer protection laws has initiated a probe into the crypto market.

Ripple Labs Looking At Snapping Up Bankrupt Crypto Lender's ' Assets

Ripple Labs might be aiming to acquire the assets belonging to Celsius but it is not clear if the firm want to acquire the crypto lender itself.

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