Newsletter Oct 19, 2022
Bitcoin Enters Guinness Book Of World Records: Here's Everything You Need To Know

The Guinness World Records now recognizes Bitcoin as the oldest and most valuable cryptocurrency.


Developers Flock To Crypto Space, Become More Active Despite The 'Great Resignation,' Bearish Market

The increase in smart contracts suggests "healthy developer activity and growth," indicating "a surging interest in decentralized protocols."



Interpol Forms Special Crime Unit For Fighting Cryptocurrency Crimes

Cryptocurrency and cybercrime were the major focus of Interpol's 90th general assembly in India.

Sony-Backed Crypto Platform Nuri Fails To Raise Funds, Shuts Down Amid Bearish Market Conditions

German crypto Neobank Nuri has shut down its operations after filing for insolvency. The firm has not been able to find new investors or acquirers.

Do Kwon Admits Crypto Twitter Persona Is 'Cringe'; Created For 'Entertainment Value'

Do Kwon is known for insulting his critics on Twitter by calling them "poor."

Crypto On Oct. 19: Bitcoin, Ether Take A Dip, Altcoins Follow

The crypto market opened on a tad bearish note on Oct. 19 as the price of Bitcoin dipped by 1.34%, while ETH was down 2.12% in the last 24 hours.

Blockchain Security Company Gives Shib Army New Reason To Feel Safe And Secure

Shiba Inu achieves another milestone, something the Shib Army is definitely proud of.

Cryptocurrency Thefts Are 'Serious National Security Concerns': DOJ Crypto Director

Data from the American blockchain analysis firm Chianalysis listed 11 different attacks from decentralized finance (DeFi) protocols amounting to more than $718 million in the first two weeks of October.

Terra Luna Proposed Plan To Build Back Ecosystem Reveals $248M Funding Program

"This revised proposal aims to better align incentives across the ecosystem and focus on attracting developers, onboarding users and promoting deep liquidity," the proposal read.

Terra Founder Kwon Reveals Why He Cannot Disclose His Current Whereabouts

Kwon showed in the interview his knack at double-talking.

Celo Blockchain-Based Moola Market Loses $8.5 Million In Hacking Incident

The attacker has made away with $8.5 million in MOO, CELO, cEUR and cUSD tokens.

Optimism's BitBTC Bridge Vulnerability Leads To Hacker Minting 200 Billion Tokens

A cross-chain bridge is a link between tokens of two different blockchain networks and Optimism's bridge is no different.

Coinbase Users Who Lost $21M To Crypto Scam Sue Company For Negligence

The Coinbase users who filed an arbitration demand against the company were defrauded through liquidity mining pool scams.

A16z Relaunches 'Crypto Startup School' To Invest In Small Crypto Platforms

The relaunch of the Crypto Startup School is focused on tailoring to the specific needs of web3 founders and helping their firms grow amid the crypto winter.

US Regulators Probe Three Arrows Capital's Downfall; Missing Founders Could Be Subpoenaed

The CFTC and the SEC are investigating whether the hedge fund engaged in illicit activities like misleading its investors about its real financial condition and not registering with agencies, a report said.


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