Last week’s Hot Altcoin events

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

Weekly Digest Hot Altcoin events

Investment manager BlackRock has launched a private trust offering US-based institutional clients exposure to spot bitcoin.

Coinbase has reported a net loss of $1.1 billion in the second quarter of 2022.

S&P Global ratcheted down Coinbase’s long-term issuer credit rating and senior unsecured debt ratings.

Meta raises $10 billion in first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business. The offering would help Meta to build a more traditional balance sheet and fund some expensive initiatives, such as its metaverse virtual reality.

Ethereum’s third and final testnet merge goes live on Goerli.

Binance will support the Ethereum Merge.

The US Treasury is sanctioning Tornado Cash.

Crypto data aggregator Dune Analytics said that, Circle, the issuer of the USD Coin (USDC) stablecoin, froze over 75,000 USDC worth of funds linked to the 44 Tornado Cash addresses sanctioned by the U.S. Office of Foreign Assets Control’s Specially Designated Nationals and Blocked Persons (SDN) list.

Derivatives protocol dYdX has blocked user accounts that previously interacted with Tornado Cash.

Infura and Alchemy are now blocking access to Tornado Cash.

A 29-year-old developer, suspected of being involved in the sanctioned Tornado Cash protocol, has been arrested in Amsterdam.

Iran has registered its first official order for importing $10 million worth of goods in cryptocurrency this week.

FTX partners with Reddit to roll out tokenized Community Points.

Morgan Stanley is looking for a product development manager with a primary focus on building a wide-range of new crypto products across business lines, according to a LinkedIn job posting by the firm.

See also  Last week's Hot Altcoin events

Huobi Group founder Leon Li is in talks with a clutch of investors to sell his majority stake in the crypto-exchange at a valuation of as much as $3 billion.

Hotbit will have to suspend trading, deposit, withdrawal and funding functions, the exact time of resumption cannot be determined at the moment.

Samsung partners with Theta Labs to operate an NFT ecosystem for its new range of Galaxy mobile phones.

LongHash Ventures launches second fund for $100M to support web3 infrastructure.

Nischal Shetty, the co-founder of WazirX, rebuffed a number of claims made by Binance CEO Changpeng Zhao over Twitter.

According to PeckShield, Dragoma (DMA) on Polygon rugged.

DMA has dropped -99.7%.

The website seems down and the social media channel deleted. The stolen funds seem like deposit into centralized exchanges.

Hackers plundered approximately $570,000 from decentralized finance (DeFi) protocol Curve.Finance.

Binance froze/recovered $450k of the Curve stolen funds, representing 83%+ of the hack, according to Binance CEO.

Tiffany sold out all of its 250 NFTs for around $50,000 each.

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