Last week’s Hot Altcoin events

Last week's Hot Altcoin events
Last week’s Hot Altcoin events

Weekly Digest Hot Altcoin events

Tesla announced that it sold $936 million in bitcoin during the second quarter of 2022, according to the company’s earnings report. With the sale, the company reduced its bitcoin holdings by 75%.

OpenSea has introduced its launchpad built on Solana.

FTX, the crypto trading platform co-founded by billionaire Sam Bankman-Fried, is in advanced talks to buy South Korea’s Bithumb, a person with knowledge of the matter said.

Three Arrow Capital’s founders say Terra, staked Ethereum, and Grayscale’s Bitcoin Trust contributed to the firm’s collapse.

Genesis Asia Pacific Pte Ltd, a division of the crypto lender owned by Digital Currency Group, lent $2.36 billion to collapsed hedge fund Three Arrows Capital (3AC).  

SEC Hasn’t Subpoenaed Binance About BNB. A Freedom of Information Act request by CoinDesk shows no record of a subpoena sent to Binance regarding BNB in 2022.

Coinbase secures a crypto asset service provider approval in Italy.

Coinbase is ‘temporarily shutting down’ its US affiliate-marketing program.

An alliance of Web3 companies has come together to build an open and borderless metaverse called OMA3, or the Open Metaverse Alliance for Web3.

Projects joining the alliance with Animoca Brands include Alien Worlds, Dapper Labs, Decentraland, Star Atlas, and The Sandbox. In addition to Web3 projects already linked to Animoca, the alliance includes DAO framework developer Wivity, virtual reality and game developer Space, and blockchain gaming company Upland.

The central bank of the Netherlands (DNB) has fined Binance Holdings 3.3 million euros ($3.3 million) for offering local crypto services without registration with authority.

See also  Last week's Hot Altcoin events digest has received registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy as a provider of virtual currency and digital wallet services.

Cryptocurrency exchange is cutting 25% of its workforce, equating to about 150 people.

Blockchain infrastructure company Chain completes $100 million acquisition of MDT token ecosystem.

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