The Weekly News Roundup, ending 24 July 2022 – Ethereum Pumps, Merge Date Set

It’s a bear market, so news is thin. This week, token prices rose as the date for ethereum’s merge gets set for September 19th. Ethereum’s price increased 50% and other projects followed as well. (Just keep in mind that we’re still in a psychological bear market, so prices will eventually pull back. That aside, the drama on the CeFi platforms are tapering off and we can focus more of our attention on education.

Comments and suggestions, reach out -> hello @

Be well, Everyone.

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Articles on Medium this week


The Cost of Crypto Podcast

This Week In Twitter

Board urges Bank of Central African States to introduce common digital currency: Report


Taiwan Bans Crypto Purchases Using Credit Cards
CryptoCom App Launches Google Pay Purchase Feature

CBDC (are just Surveillance Tokens)
CBDCs Are Worse Than Bank Accounts, Says Blockstream CEO Adam Back

Company / Product / Project News Slashes 25% of Workforce, Cuts Exec Compensation
BlockFi Initiates ‘Voluntary Separation Program’ To Further Trim Headcount



DeFi and Lending
-Bankruptcy lawyers believe Celsius customers may have to wait years for settlement
3AC Co-Founders Headed to Dubai, Want Orderly Liquidation: Report
Former Celsius director exposes alleged price manipulation of CEL token
BlockFi had $1.8B in outstanding loans in Q2: Report
Breaking: Zipmex suspends withdrawals as CEO denies financial trouble rumors
Celsius lawyers claim users relinquished their crypto when they signed up
Ethereum Backed Staking Service Lido Finance Plans Its Expansion Across Layer 2 [keep an eye on them for the following bear cycle]
By The Numbers: Breaking Down The $3.5B 3AC Owes To Creditors
FTX Offers to Bail Out Voyager Customers in Joint Liquidity Proposal
The Same Law Firm Is Representing Celsius, Voyager and Babel Finance

FTX Reportedly in Talks to Buy South Korean Exchange Bithumb

Fundraising and Sponsorships

Fed Vice Chair Warns Bank Involvement in Crypto of Sparking Financial Instability
Ethereum’s centralized dApps may overshadow the decentralization of proof-of-stake
Employees Want To Be Paid in Crypto, Report Shows
Half of South Africans Will Invest in Crypto If Banks Provided Such Services: Survey

Implementation and Infrastructure

Metaverse / Web3

After Dismissing Staff, Compass Mining Deploys 25,000 Additional ASIC Miners

Nation States (and other political jurisdictions)

Minecraft Creators Will Stop Supporting In-Game NFTs

Regulation, Legislation & Legal Matters
Senator Emmer says SEC is ‘politicizing enforcement, baiting companies’
Bill Giving CFTC Crypto Powers Could Go to Vote This Year
Coinbase to SEC: ‘Rules for Securities Just Do Not Work for Digital Assets’
For First Time, CFTC Cracks Down on Crypto’s ‘Pump-and-dump’ Schemes

Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
Stablecoins To Become A Payment Tool In UK, With Regulation Being Worked Out

South Korea Proposes to Defer Planned Crypto Tax Until 2025 

The Wall Street
Tesla Sold $936M Worth of Bitcoin in Second Quarter

Time Capsule

Outside News

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Changelly is a good option for exchanging coins without having to use an exchange

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Get crypto-themed shirts, stickers, mugs and more at Teepublic


Download the Brave browser and block unwanted ads and earn rewards whileen you browse online 

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Download the Exodus wallet for you PC and smartphone


Download the Coinami wallet for your PC and smartphone

Categories: Weekly Headlines

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