Short cryptonews for this week 33/52 (2022)

Short cryptonews for this week 33/52 (2022)

By Pasucaru | Crypto on fire | 20 Aug 2022


- This week, BTC hit $25,000 twice before falling back below $22,000. Bitcoin's chief developer retires, he's one of the few people in the world with full access to the Bitcoin core GitHub.

- The developers officially confirmed Ethereum's transition to Proof-of-Stake (PoS) on September 15, 2022.

- PayPal has fully integrated crypto into its app.

- Google invested $1.56 billion in blockchain ventures between September 2021 and June 2022.

- Once again a stablecoin, that of Huobi $HUSD broke away from its peg with the USD by going as high as $0.82, before regaining parity with the dollar.

- Ripple has partnered with Travelex Bank to launch cryptocurrency payments in Brazil. (businesswire.com) HSBC, Wells Fargo and Goldman Sachs have called XRP a "digital currency".

- 2.37 billion USDT were deposited on Binance this week, it would be a record transfer in stablecoin to an exchange.

- Crypto.com, the cryptocurrency platform has announced that it has signed a pre-registration undertaking with the Ontario Securities Commission (OSC) in Canada. In the same time, the company has received approval from the Financial Conduct Authority, which validates its status as a provider of crypto-asset services and products.

- Residents of several African countries can now send and receive Bitcoin without an internet connection thanks to Machankura which uses SMS to transfer Bitcoin.

- A major Australian gas station chain has started accepting cryptocurrency payments at its 175 locations across the country.

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Pasucaru
Pasucaru

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