Crypto

Hebdo Crypto #219 - Bitcoin & Crypto News of the Week

Briefly about the week of November 28, news about bitcoin and cryptocurrencies is in constant turmoil. It can happen that important information gets lost in the daily information flow and you miss important moments. This format is meant to fix that. We return to last week’s Hebdo Crypto news to keep you up to date with the current situation with cryptocurrencies.

Briefly about the news of cryptography

▶ The ECB is stepping up its dislike of bitcoin. So, she published a blog post in which she states that Bitcoin and cryptocurrencies are in irreversible decline.

▶ The security of the secret network protocol is potentially compromised. Thus, a flaw in SGX technology could make it possible to obtain a decryption key for private transactions on the network.

▶ Decentralized exchange Uniswap introduced its own NFT platform. In parallel, DEX held a US$5 million airdrop.

▶ London Stock Exchange introduces new crypto indices. These indices cover both large shares in the ecosystem and smaller ones.

▶ Faced with FTX downfall, Europe wants to advance MiCa law. At least that’s what Christine Lagarde argued, considering it absolutely necessary to regulate the ecosystem.

▶ After a serious debate around the Cosmos governance proposal, Sami and Benoit brought together several ecosystem players to better understand the situation and its challenges.

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5 indicators of the week

➤ 30% is the share of Kraken employees laid off due to redundancy. The company points to market conditions.

➤ 20 billion, this is the number of aBNBc that were fraudulently released as a result of the attack. For his part, the attacker was able to sell some of them, returning the booty in the amount of $6 million.

aBNBc crash after hack.

➤ 30% is the proportion of Genesis funds locked in FTX. The now insolvent company said it was exploring options in the face of the crisis.

➤ $4.1 million, which is exactly the amount the FTX hacker swiped through the OKX platform. Indeed, these funds come from the BTC he mixed through ChipMixer.

ZachXBT presents its findings.

➤ $1 billion is the sum of Alameda Research and FTX’s debt to BlockFi. A catastrophic situation for a company that does not lose hope.

Tweet of the week

The tweet of the week is sent to @ColdBloodShill and the publication of an interview by Sam Bankman-Fried in Good Morning America.

Have a great week at Journal du Coin! 🙂

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