Weekly Report (04 July – 10 July 22) | What Happened This Week In Crypto

This Report will provide you with some important and quick news about cryptocurrencies that happened around the world.

1) Users Of Binance Vote In Favour Of Maintaining Free Transactions

According to a recent Twitter survey conducted by CEO Changpeng Zhao, Binance customers want the exchange to keep its transaction-free service for bitcoin. Zhao questioned if customers wanted Binance to retain zero-fee trading while highlighting the hazards involved…[continue reading]

2) The Number Of Non-Zero Ethereum (ETH) Wallets Reaches All-Time High

Despite the fact that the Ethereum (ETH) price is still 75 percent below its all-time high set on November 10, 2021, one of its on-chain measures reached all-time highs. One of the most important measures for Ethereum (ETH), the most popular smart contracts network and second-largest blockchain, breaks a record…[continue reading]

3) US Officials Urge Japanese Crypto Exchanges To Sever Relations With Russia

According to reports, government representatives from the United States have encouraged Japan’s regulated cryptocurrency exchanges to cease doing business with Russia, ostensibly as part of the country’s economic sanctions…[continue reading]

4) Brazilian Gang Caught Laundering Illicit Gold Using Crypto

Brazil’s military police foiled an illicit gold mining organisation that reportedly utilised crypto tokens to launder its riches with the assistance of healthcare firms. In an operation codenamed Greed, 211 policemen performed 60 raids and detained five persons in So Paulo on Thursday…[continue reading]

5) Celsius Is Being Sued By Its Ex-Partner KeyFi

The CEO of KeyFi, which previously administered a part of Celsius’ client deposits, has accused Celsius of fraud. According to KeyFi co-founder and CEO Jason Stone, Celsius cheated the company during their short commercial engagement…[continue reading]