Short cryptonews for this week 29/52 (2022)

Short cryptonews for this week 29/52 (2022)

By Pasucaru | Crypto on fire | 23 Jul 2022


- The total value of Bitcoin transferred in 2022 reached $17.78 trillion, up from $13.11 in 2021. The share of "green" energy in Bitcoin mining has reached 59.5%. By the way the new Bitcoin mining chip created by Samsung will be 45% more energy efficient and 23% more powerful.

- Polygon (MATIC) launches latest zero-knowledge EVM solution to reduce transaction costs and improve scalability

- Crypto.com exchange will now accept Google Pay as a payment method for buying crypto. In the same time, Singapore-based cryptocurrency exchange Crypto.com has secured regulatory approval in Cyprus. (CoinTelegraph)

- Binance has overtaken Coinbase to become the exchange that holds the most Bitcoin. In the same time, volumes traded on Coinbase (centralized : CeFi) and Uniswap (decentralized: DeFi) are now similar.

- Tesla earnings reports reveal that they sold 75% of their Bitcoins worth $936 million. (The Block)

- The Crown Prince of Dubai indicated that more than 1,000 companies operate in the blockchain and metaverse sector which brings in around $500 million to the country.

- For the first time in Russia, diplomas were issued in the form of NFT, in which information about the student and the year of graduation is embedded, it cannot be falsified.

- Russia is to issue its first-ever palladium-backed stablecoin via Atomyze, the first-ever Russian crypto firm to be licensed by the Central Bank.

- A bill has been introduced in the UK to regulate stablecoins as a means of payment.

- The Paraguayan Senate adopted, on July 14, a bill establishing a tax and regulatory framework for companies operating in the cryptocurrency and cryptocurrency mining sectors.

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