Hebdo Crypto #216 – Bitcoin and cryptocurrency news of the week

The week of 07/11 in short – The news about Bitcoin and cryptocurrencies is constantly boiling. It can happen that crucial information gets lost in the daily information flow and that you miss important points. This format is there to remedy that. We return to thenews from the past weekCrypto Weekly to keep you informed about the current situation of cryptocurrencies.

Crypto news in brief

Vitalik Buterin unveils new Ethereum roadmap. Thus, the evolution of Ethereum will take place through 6 stages aimed at improving the performance and decentralization of the network.

Tornado Cash once again in the sights of OFAC. Thus, it has reclassified Tornado Cash and now accuses the protocol of having helped the development of the North Korean nuclear program.

Justin Sun to the rescue of FTX users. Thus, the founder of Tron announced that he had reached an agreement with FTX to save the holders of tokens specific to the ecosystem of Tron.

UnionBank offers its customers BTC and ETH. Indeed, the Philippine bank now offers a cryptocurrency storage and trading service.

The vote on the MiCa law postponed. As a reminder, MiCa is a piece of legislation aimed at regulating cryptocurrencies within the European Union.

The pNetwork protocol teams faced with their incompetence. Thus, the hack of Gala via pNetwork was caused by the publication of private keys on the GitHub of the project.

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The 5 metrics of the week

39it’s about number of Pick n Pay outlets accepting BTC in South Africa. Thus, the company has extended its pilot project and should roll it out to all of its 1,600 establishments in the coming months.

0.003%, this is the deflation rate of ETH. Indeed, the issuance of Ether has become deflationary since the switch to Proof of Stake.

$657 millionit’s about the sum of losses recorded during DeFi hack in October. A sad record, which will make 2022 the year that has witnessed the most DeFi hacks.

47%it’s about the decline recorded by the SOL token in the span of 24 hours. This decline follows the turmoil encountered by the FTX company and its branch Alameda Research.

$30 millionit’s about amount belonging to the CoinShare company that is blocked on the FTX platform. Indeed, individuals were not the only ones impacted by the fall of FTX and Alameda Research.

Tweet of the week

Tweet of the week goes to @_Cryptic and his thread on a crazy theory: Sam Bankman-Fried would be ChefNomi, the founder of SushiSwap.

Have a nice week on the Journal du Coin! 🙂

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