Short cryptonews for this week 23/52 (2022)

Short cryptonews for this week 23/52 (2022)

By Pasucaru | Crypto on fire | 11 Jun 2022


- After stabilizing around 30k, BTC falls after the FED announcements.

- ETH 2.0 closer and closer: the transition to the Proof-of-Stake algorithm has been successfully completed on the Ropsten testnet. (coindesk.com)

- Binance Labs has made a strategic investment in PancakeSwap, the famous DEX built on the BNB Chain.

- The SEC has initiated an investigation against Binance for its 2017 ICO. (cointelegraph.com) 

- Maiar DEX, the decentralized platform of the Elrond Network project, suffered a bearish organized attack.

- Osmosis network shut down due to attack — hacker withdrew $5M. (decrypt)

- Tron seeks to avoid the problems that Terra has experienced by increasing transparency and setting collateral at a minimum of 130% for USDD, its algorithmic stablecoin. (Bloomberg)

- PayPal now supports transferring cryptocurrencies to other wallets and exchanges. This feature is only available in the USA at this time.

- Kenya is seeking to become Africa's premier bitcoin mining hub, inviting US and European mining companies to come and use their excess geothermal energy. (cryptoslate.com)

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Pasucaru
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Crypto on fire
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