Short cryptonews for this week 32/52 (2022)

Short cryptonews for this week 32/52 (2022)

By Pasucaru | Crypto on fire | 13 Aug 2022


- Bitcoin regained $24,000 but didn't hit new multi-month highs.

- BlackRock just launched a private bitcoin fund.

-  The last testnet (Goerli) of Ethereum before the Merge officially goes into Proof-of-Stake. Next in september 15, 2022  : the transition from PoW to PoS i.e the Merge of the Ethereum network will reduce electricity consumption by around 99.5%, so electricity consumption will drop from 85.65 TWh/year, i.e. the consumption of a country like Finland or Belgium, to around 0.45 TWh/year. Next in the end : the ETH2.0 network will be able to support 100,000 transactions per second, currently ETH is around 15 transactions per second. 

- The number of cryptocurrency distributors installed worldwide has exceeded 39,000.

- The Tornado Cash mixer is officially blacklisted in the USA. A total of $437 million in stablecoin, ETH and WBTC rests on addresses blocked by the US Treasury in the Tornado Cash case.

- Gucci has started accepting payments in ApeCoin. (hypebeast.com)

- VeChain has announced an integration partnership with OrionOne Inc, a major US logistics software company.

- Vitalik Buterin said that centralized stablecoins like USDT and USDC could have a decisive role in future hard forks. (cointelegraph.com)

- CZ the CEO of Binance continues his tour and met with the President of the Central African Republic to discuss crypto adoption. (coinjournal.net)

- Taiwan uses the Ethereum blockchain-based InterPlanetary File System (IPFS) to protect against cyberattacks.

- The Brazilian Electoral Authority (TSE) has publicly stated that it is studying blockchain as a technology that will help it organize the polls. (news.bitcoin.com)

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Pasucaru
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