Weekly Crypto #212 – Bitcoin and cryptocurrency news of the week

The week of 03/10 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

Lost documents of Satoshi Nakamoto resurface. Basically, these documents had been published on the SourceForge site before being deleted in 2012.

Google Cloud goes Bitcoin. The cloud service provider has announced that it will be possible to settle in BTC by 2023.

Ethereum is finally deflationary. After switching to Proof of Stake via The Merge, theissuance of ETH has been reduced by more than 99%. Now, ETH production is deflationary.

OpenSea CFO leaves ship. No explanation was not, however, provided by the person concerned. The latter had joined the ranks of the company last December.

Justin Sun becomes majority shareholder of Huobi. Indeed, the founder of Huobi sold him all of his shares. sets up its European headquarters in Paris. In addition, the platform has planned toinvest 150 million euros in the development of its activity in France.

▶ Long-term analysis of Bitcoin’s situation in the new Coin Trading video.

>> While waiting for the next bullrun, keep your cryptos on a Ledger key. Free shipping (commercial link) <<

The 6 metrics of the week

$766 millionit’s the amount in BTC seized by Brazilian authorities. These funds come from a scam of the type Ponzi large scale based in Brazil.

500 millions of dollarsit’s about amount raised by Binance for the launch of a service for BTC miners. This new service will allow mining companies to perform loans at a rate ofinterest between 5 and 10%.

Binance Fund for BTC Miners

150it’s about number of Ethereum nodes operated by the electricity supplier EDF. Indeed, 10 nodes are managed via the subsidiary Exaion and another 140 nodes are managed on behalf of customers.

$500 millionit’s the amount stolen during the BSC Token Hub hack. Fortunately, 400 million could have been frozen and recovered by the BSC teams.

CZ announces BSC Token Hub hack – Source: Twitter

$300,000it’s about amount stolen by a hacker from other hackers. A sort of Robin Hood of web 3, this one hacks scammers before they can receive the fruit of their larceny.

21 milIdollar ionsit’s the amount stolen in Transit Finance hack. Fortunately, a OK has been found with the attacker to return the vast majority of funds.

Tweet of the week

The tweet of the week goes back to our house goat, @_Cryptic and his warning about fake Giveaways on Twitter. A phenomenon that is multiplying on Twitter.

Tweet of the week.
Tweet of the week.

Have a nice week on the Journal du Coin! ?

Full of promise, DeFi is in its infancy and still commits some resounding missteps. There are no 36 ways to protect your cryptocurrencies! Keep them safe on a Ledger wallet. Free shipping (commercial link).

John R. Zepeda

I have extensive experience working as a content writer in the areas of cryptocurrencies and finance, where I create interesting pieces that both inform and engage their audiences.

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