Weekly Report (08 – 14 August 22) | What Happened This Week In Crypto
This Report will provide you with some essential and quick news about cryptocurrencies that happened around the world.
1) The US President Of FTX Said That Crypto Winter Is “Beginning To Thaw”
Harrison was questioned during an interview with Emily Chang, the host of the daily program “Bloomberg Technology,” about a new partnership between Coinbase and BlackRock, the world’s largest asset manager by total AUM…[continue reading]
2) The Price Of Ethereum Surpasses $2,000 As The Network Nears A Fork
Ethereum supporters are showing their enthusiasm for the September Merge by purchasing ETH. According to statistics compiled by CoinMarketCap, Ethereum (ETH) extended its bull run and recovered the $2,000 barrier late Friday night, a feat it hadn’t accomplished since May…[continue reading]
3) South Korean Officials Announce First Arrests In Crypto Inquiry
A few weeks after South Korean police raided a number of local cryptocurrency exchanges in connection with the collapse of the Terra (LUNA) ecosystem, the country’s prosecutors made the first arrests in another cryptocurrency-related case…[continue reading]
4) Binance Freezes $450K Stolen Throughout Curve Front-End Exploit
Binance has seized $450,000 of the stolen cash after the front-end attack of Curve Finance, according to a new report. FixedFloat also froze 112 ETH immediately after the event, bringing the total amount of money frozen to roughly $650,000…[continue reading]
5) Binance And WazirX Are Apparently Negotiating A Resolution To Their Own Conflict
The current ownership dispute between the cryptocurrency exchange WazirX and Changpeng Zhao, the creator of Binance, may soon be resolved. The New Indian Express stated on August 11 that, according to individuals acquainted with the situation, lawyers from both exchanges are collaborating in an attempt to address this dispute…[continue reading]