DeFi, mining news, and we’re just 11 days away from the ethereum network FINALLY making the switch over from a Proof of Work to a Proof of Stake consensus mechanism.
Comments and suggestions, reach out -> hello @ tinycryptoblog.com
Be well, Everyone.
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Articles on Medium this week
Articles
Podcasts
The Cost of Crypto Podcast
This Week In Twitter
Recommended Viewing
Reports:
–Tales from the Crypt: Issue #1256: Most people are not prepared
–Crypto winter teaches tough lessons about custody and taking control
Headlines
Adoption
–Iran Greenlights Bitcoin, Crypto Payments For Imports
–Mayo Clinic taps into blockchain technology for clinical trial design
CBDC (are just Surveillance Tokens)
–World Economic Forum weighs in on CBDC adoption and DLT use cases
Company / Product / Project News
–Crypto.com Sues Woman After Sending Her $10 Million by Mistake: Report
–Largest Crypto ATM Operator Eyes Acquisitions, Global Expansion
–Cardano’s Vasil upgrade will happen on Sept. 22
CRIMES AND SCAMS
–Monero Mining Malware Finds Success at Top of Google Search
–DeFi protocol Kyber Network suffers frontend hack, loses $265K
DAO
DeFi and Lending
–Celsius wants to return $210 million worth of custody assets
–Celsius expects to receive $70M loan repayment to fund operations beyond November
–Creditors file fresh suit against Celsius seeking $22.5M reimbursement
–Compound discovers bug in new update, freezes cETH market
–Crypto Lender Nexo allocates $50M to buyback its native token
–LUNA Classic pumps 70% on ambitions to wipe the past, revive the chain
–DEX accidentally hits kill switch on mainnet, locking 660,000 USDC inside
Exchanges
–Binance Under Investigation Over Bank Secrecy Act: Report
Fundraising and Sponsorships
Gossip
–Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report
–Get ready for the feds to start indicting NFT traders
–Russian PM takes cue from Iran’s crypto payment permit for imports
–Mt. Gox creditors dismiss rumors of massive Bitcoin dump
–CoinGecko reveals the US state most interested in Bitcoin and Ethereum
Implementation and Infrastructure
–Outage in Prime Trust [one of the custodian services that many exchanges and app platforms use]
–Hardware wallet Trezor enables direct crypto purchases with MoonPay
Metaverse / Web3
Mining
–Ethereum Mining Pool Ethermine Launches Staking Service Ahead of Merge
–Pleb Miner Month Celebrates Home Bitcoin Miners – Bitcoin Magazine
–The Days of Lucrative Bitcoin Mining at Home are Over
–Bitcoin mining difficulty rises by over 9%, highest since January
–Study shows 62% of Bitcoin network is zero-emission
–Armenia aims to position itself as a Bitcoin mining hub
Nation States (and other political jurisdictions)
–El Salvador Bitcoin bond delayed due to security concerns: Bitfinex CTO
–President of Paraguay vetoes crypto regulation law
–Argentina’s Mendoza province now accepting crypto for taxes and fees
–What the Taliban crackdown means for crypto’s future in Afghanistan
NFTs
–Meta To Expand NFT Feature to Select Facebook, Instagram Users This Week
–Ticketmaster selects Flow blockchain for minting NFT event tickets
–Nifty News: Taco Bell wants you hitched in the Metaverse, Animoca Japan raises $45M and more
Regulation, Legislation & Legal Matters
–Australia plans to implement token mapping amid intensified efforts to regulate crypto industry
–A16z Creates NFT Licensing Framework to Standardize Collectors’ Rights
–CFTC and SEC open comments for proposal to amend crypto reporting rules for large hedge funds
–Michael Saylor, MicroStrategy getting sued for tax fraud in Washington
–California State Assembly passes bill for licensing and regulating crypto firms
Stablecoins
–Tether Pushes Back Timeline on Audit: Report
–Binance USDC withdrawals top $1 billion per day this week
Taxation
The Wall Street
KEEP AN EYE ON THIS –> https://bitcointreasuries.net/
…AND THIS –> https://www.buybitcoinworldwide.com/treasuries/
–CME Group launches euro-denominated Bitcoin and Ether futures
Time Capsule
Outside News
–Nuclear Power Is Staging A Remarkable Comeback
You Do Not Change Bitcoin. Bitcoin Changes You.
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