The week of 09/12 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 week‘Crypto Weekly to keep you informed about the current situation of cryptocurrencies.
Crypto news in brief
▶ Coinbase Insider Trading Case Ended. Thus, Ishan Wahi declared himself guilty of fraud and insider trading.
▶ The Merge officially activated on Ethereum. Thursday, September 15, at 8:43 a.m. the Ethereum network finalized its transition from Proof of Work to Proof of Stake. A historic event that ignited the community.
▶ The boss of Terra Labs is in turmoil. Thus, South Korea issued a arrest warrant against Do Kwon, the co-founder of Terra Labs. This mandate follows the collapse of the Terra Luna ecosystem.
▶ Starbucks launches body and soul into Web3. Indeed, the company has announced that it is studying the use cases of the blockchain, in particular for the creation of a loyalty model.
▶ Solana and NFT, a great love story. On September 7, the channel set a record with more than 300,000 minted NFTs in 24 hours.
▶ This week, Sami and Benoît had the pleasure of hosting Damir from Massa Network.
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The 5 metrics of the week
➤ $2.5 millionthis is the amount in BTC which was distributed by mistake through the trading platform CoinBerry. Two years after the fact, it is suing users who have not returned the funds.
➤ 36ETHit’s the amount spent by a user to create the first Ethereum NFT in Proof of Stake. A historic NFT, which will have cost the modest sum of $55,000.
➤ 64%it’s about the share of validators operated by 5 staking pools. A centralization around certain actors, which could prove harmful for the network.
➤ $500,000is the amount from the DAO Maker hack which was sent to Tornado Cash. Thus, a little over a month after the facts, the hacker begins to launder the fruit of his larceny.
➤ 310 TH/sit’s about new Ethereum Classic network hashrate ATH. Indeed, after the abandonment of Proof of Work on Ethereum (ETH) many miners migrated to the ETC network.
Tweet of the week
Tweet of the week goes to Vitalik Buterin and the announcement of the successful rollout of The Merge.
Have a nice week on the Journal du Coin! ?
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