Coinlive Weekly (August 22 – August 29): The cryptocurrency industry “rewrites the old version”

The cryptocurrency industry in the penultimate week of August 2022 recorded a comparable trend to the preceding seven-day time period. In individual, soon after a week with virtually no information worthy of note, charges of big currencies like BTC and ETH plummeted in excess of the weekend to their lowest degree in the final month, in spite of the occasion. The Merge is obtaining closer and closer.

Let’s overview all the things with Coinlive to make confident we will not miss any significant information!

Movement of the worth of the major cryptocurrencies in contrast to seven days in the past, statistics detected at eleven:45 on 28 August 2022. Source: Coin360

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Weekly information:

Reviews:

Central level 🔥

Bitcoin Drop beneath $ twenty,000 prior to the Fed chairman’s speech

Coinbase “Fasten Your Seat Belts” warning for an extended crypto winter

– Despite the sanctions, Tether continues to assistance Cash Tornado

– Co-CEO of the investment fund Alameda investigation announcement of resignation

Great Cap

Road to union:

Chiliz (CHZ) Preparing to activate Habanero’s mainnet, the Fan token explodes ahead of the 2022 World Cup

– Vasil’s testnet tough fork Cardano encountered a “serious” error soon after only two weeks of implementation

Aurora’s Rainbow Bridge The 2nd time in the sights of hackers

DeFi

Sushi Swap (SUSHI) reform the operational apparatus soon after getting lengthy plunged into the “crisis”

Synthetix announced a proposal to restrict the complete provide of SNX to 300 million units

NFT, Games and Metaverse 🖼🎮🌐

Telegram CEO Proposed NFTize usernames

CryptoPunk unexpectedly “overthrow” Bored Ape Yacht Club (BAYC) for the very first time in five months

– Revenue from transaction costs of GameStop NFT can make information

BendDAO propose to transform the liquidity ratio prior to the liquidity crisis

Reddit launch NFT airdrop for consumers

It’s a joke: The NFT game task raised $ twenty million and then “trading at a loss”

Large organizations

– FTX CEO denies fund consolidation rumors Alameda investigation with FTX Ventures

Brands Animoca Japan raised $ 45 million, well worth $ 500 million prior to the fundraising round

Legal and Reception

– The greatest Ethereum mining pool in the planet, Ethermine, blocks transactions Cash Tornado

– Server of extra than 15% of the nodes on Ethereum Ban on mining and staking

Malaysia place the Huobi exchange on the investor advisor listing

SAMSUNG get prepared to launch the cryptocurrency exchange in 2023

Binance cooperation with Busan, Korea, for the improvement of the blockchain infrastructure

Synthetic currency 68

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