Always coming on Saturdays, Hodder’s Digest It will help you keep track of all the important news that happened this week. The best (and worst) quotes, adoption and control highlights, Coin Leader, Predictions and much more – one week on Cointelegraph in one link.
Top news this week
After 8 years after billions of XRPs were dropped, the Jade MacBeeb stack ends in a matter of weeks
The eight-year XRP dumpathon of Ripple Labs founder and former technology officer Jade Mackleb is nearing its end. Former Ripple exec Since its departure in 2014, it has been gradually pumping 9 billion XRP. A.D. As of June 30, Machiavelli has only $ 81.53 million left in the $ 26.55 million, much to Ripple’s delight.
80,000 Bitcoin millionaires will be killed by the Great Depression in 2022.
The number of Bitcoin wallets worth more than $ 1 million has dropped by about 80,000, from 108,886 on November 12 to just 26,284. This represents a 75% drop in nine months. However, as the BTC price falls to the $ 20,000 range and may be lower, many people may be given the opportunity to become a full-fledged coin maker.
Ethereum fork was successful as the Sepolia testnet was set to test integration.
The Glacier Hard Fork, designed to delay the bombing, was successfully released on Ethereum on Thursday morning. As developers work to finalize the merger, Hard Fork will delay the problem bomb by 100 days. Over the next few days, Sepolia Testnet is also set to conduct the merger test, making it the second of three public tests to do so.
The bear market will remain in place until crypto applications become useful
Mark Cuban, a billionaire investor and owner of Dallas Mavericks, thinks the current bear market will not end unless there is a strong focus on utility services. Speaking of Bankless The podcast says, “It will take until a catalyst is created and that catalyst application is applied, or we will make people who are very low say, ‘Bida, I’ll buy a little bit.’
Announces agreement with FTX US, including BlockFi ‘Option to get‘ At $ 240M
In a rumor that FTX US is planning to acquire a troubled crypto lender BlockFi At least $ 25 million, The actual deal was more expensive, BlockFi CEO Zack Prince said Friday. According to Prince, Block Fay has signed an agreement with a $ 400-million revolving credit institution. As part of the deal, FTX US BlockFi will have the potential to purchase up to $ 240 million directly. Still, this is a bucket drop of $ 5 billion compared to last year’s BlockFi.
Winners and losers
At the end of the week, Bitcoin (BTC) Is on. $ 19,433.55Ether (ETH) as if $ 1,058.95 And XRP as if $ 0.31. The whole market is on the edge. $ 867.7 billion, Basis To CoinMarketCap.
Of the top 100 secret currencies, the top three altcoin earnings of the week are TerraClassicUSD. (USTC) At 164.07%, amp (AMP) At 7.52% and compound (COMP) By 6.15%
The top three altcoin losers of the week are Storj. (History) At 30.28%, polygon (MATIC) At 21.52% and Zcash (ZEC) At 21.67%
Be sure to read Cointelegraph Market Analysis for more information on crypto prices.
Most memorable quotes
“To see what we can learn and bring to light after entering the anonymous DoConn story into the Crypto space.”
Anonymous, hacker group
“Meanwhile, Bitcoin and Ethereum have both traded under the previous cycle ATHs, which is the first time in history.”
Glassnode, Blockchain Analysis Organization
“A very strong use case for crypto is becoming clear in the gaming industry, where people spend their time getting it, and it’s all set up in blockchain.”
Maurice MurrayHodl’s CEO
“There is a real increase in demand for traditional Hajj funds from those who watch Tater and want to make it shorter.”
Leon Marshall, Head of Institutional Sales at Genesis
“Meters is a market opportunity, a way for us to re-learn skills and connect people around the world with new collaborative experiences.”
Laura Nunsky, Vice President and CEO at KPMG
“It focused on tokens and money and web 3. I think now is the time to refocus on the basic infrastructure that is doing all this.
Meltem Demirors, Chief Strategic Officer at CoinShares
The price of Dogecoin could rise by 20% in July.
Since May 11, the technical design of the OG memecoin DOGE price reversal of long-term trends in the wrestling market seems to be moving in the direction of BARR. The design consists of three steps: wake-up, drag, and run. At this point, DOGE appears to be in the underground and could be set to $ 0.00941 in the near future for a 20% pump.
FUD of the week
A prominent North Korean hacker group has been identified as a suspect in a $ 100 million Harmony attack
The North Korean-based Lazarus group has been identified as a key suspect in the recent $ 100 million hacking of the Harmony protocol. According to a report published on Thursday by the Blockchain Analysis Elite, Harmony’s Horizon Bridge and the stolen property are very similar to previous Laser abductions.
3AC rebukes Singapore for providing false information.
Unpaid Crypto Hedge Fund Three Arrows Capital (3AC) has been disciplined for providing incorrect information on the assets held by the Singapore Financial Authority. When 3AC was registered in Singapore in 2013, it was allowed to manage up to 30 investors worth up to $ 180 million, but some suspects appear to have been charged along the lines.
Violation of OpenSea data results in a large flow of users’ email addresses
The NFT Marketplace giant Opense has warned users that a list of customer emails will be released on Thursday. The flow was created by a client io io, a platform that manages email newsletters and campaigns. The company has warned users to beware of potential phishing attacks.
Best Cointelegraph Features
Thailand Crypto Utopia – ‘90% Worship, Without All Strange’
How the Bitcoin OG set up the Freedom Crypto community and a three-time communication for digital nomads on beautiful islands in Thailand – and why it hasn’t been left in its dreams yet.
Governments, Enterprises, Game of Thrones Who will run the next Crypto bull race?
In the wake of the recent turmoil in the crypto space, the question now is: What will happen to the next crypto bull race?
Metaverse fractional ownership to establish Metaverse fractional ownership in the same way as a mortgage loan
Ralph Cubley says smart contracts can create subdivision agreements and subdivide metavers that can be leased separately.