The Weekly News Roundup, ending 14 August 2022 – Tornado Cash

The big news was US sanctions on Tornado Cash, a crypto mixing service. All addresses linked to it were blacklisted. A software developer for TC was arrested. And someone or a group of people sent 0.1 eth from a blacklisted address(es) to numerous wallets, effectively getting those (legitimate) wallets blacklisted in the process. That’s the downside of contract wallets- only one address. Note this as a threat vector, and remember that. See the details in the tweets of the week.


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Be well, Everyone.


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Articles on Medium this week

Articles


Podcasts
The Cost of Crypto Podcast


This Week In Twitter


TL;DR – more money will flow and get parked into bitcoin. It’ll take years to unfold, but the floor will be raised.


Reports:
Kraken report explores what’s superior — PoW or PoS (a comparison)


Headlines


Adoption
Central Banks can safely invest in Bitcoin with BlackRock’s Bitcoin Private Trust; says DCG Founder
BlackRock Launches Spot Bitcoin Private Trust
$10T BlackRock Launched Bitcoin Private Trust For Clients


CBDC (are just Surveillance Tokens)


Company / Product / Project News


CRIMES AND SCAMS
Binance recovers $450K stolen from Curve DNS Hack
Mailchimp suspends accounts of several crypto-focused users


DAO


DeFi and Lending
Celsius CEO under fire as Committee of Creditors, DFPI implicate him
DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash
Netherlands arrests suspected Tornado Cash developer [for writing software]


Exchanges


Fundraising and Sponsorships


Gossip


Implementation and Infrastructure


Metaverse / Web3
Web3 Watch: New NFTs from Lamborghini and Ledger, Fox To Air First Blockchain-based Show


Mining
Landfill Gas Bitcoin Miner Vespene Raises $4.3 Million


Nation States (and other political jurisdictions)
Iran settles trade import using crypto


NFTs


Regulation, Legislation & Legal Matters
Coinbase staking product under SEC investigation
Circle ‘blacklists’ all Tornado Cash ETH addresses effectively freezing USDC
RELATED-MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum
Lawsuit Likens Voyager to Ponzi, Sues Mark Cuban For Promotion
Coinbase Confirms SEC Subpoenas Over Listings, Crypto Staking


Stablecoins


Taxation


The Wall Street
KEEP AN EYE ON THIS –> https://bitcointreasuries.net/
…AND THIS –> https://www.buybitcoinworldwide.com/treasuries/


Time Capsule
‘Built to Fail’? Why TerraUSD’s Growth Is Giving Finance Experts Nightmares


Outside News
The Big Short’ Movie Explained


You Do Not Change Bitcoin. Bitcoin Changes You.
“Bitcoin will eat the world.” And it is.


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Swan Bitcoin: (Lower fees than Coinbase, and get $10 of bitcoin when you sign up: https://bit.ly/3so6k5v


Swan Bitcoin- 1% fee for buying bitcoin and easily set up recurring buys


The app that let’s you buy/sell/trade cryptos, earn yields on crypto deposits and take out a crypto-backed loans


Get $10 when you sign up with Strike. Send cash instantly around the world at no cost, and buy bitcoin with only a 1% fee


coinbase

If you’re new to crypto, Coinbase is the easiest way to get started

res-binance

Binance is a great exchange to buy and sell cryptos

changelly

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


lolli logo

Earn bitcoin while you shop online using Lolli


teepublic logo

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


brave-logo

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


Exodus-Logo side

Download the Exodus wallet for you PC and smartphone

coinami

Download the Coinami wallet for your PC and smartphone



Categories: Weekly Headlines

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