🤝The transition of ETH to "proof-of-stake" is expected in the week of September 19-25. However, the final date depends on the results of the Goerli testnet merger on August 11


https://hackmd.io/@benjaminion/BkxQTpqpi9

👀QryptoQuant: miners continue to sell BTC

14,000 bitcoin, worth more than $300 million at its current price, was transferred out of wallets belonging to miners in a single 24-hour period at the end of last week — and in the last few weeks, miners have offloaded the largest amount of bitcoin since Jan. 2021

The phenomenon is called “miner capitulation,” and it typically indicates that miners are preparing to sell their previously mined coins in order to cover ongoing mining expenses.

https://www.cnbc.com/2022/07/18/crypto-miners-moved-over-300-million-of-bitcoin-in-one-day.html

📈Cryptorank: top 10 metaverse crypto project tokens by growth in 7 days

💰Tesla earnings meet Q2 expectations, sells 75% of its Bitcoin

Tesla (TSLA) reported its Q2 earnings after the closing bell on Tuesday, meeting analysts’ estimates, following a prolonged COVID-induced shutdown at its Shanghai production facility.

The company also says it sold 75% of its Bitcoin, turning it into fiat currency, adding $963 million in cash to its balance sheet.

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/tesla-q2-earnings-2022-201008978.html

💥Tether and Bitfinex will announce something on July 25th

Stay tuned 😜

💰​​KuCoin has secured a $10M investment from Susquehanna International Group

Apart from around a 10M US dollar investment, the two parties will collaborate in blockchain startup incubation and KCS & KCC ecosystem building.

kucoin.com/blog/kucoin-announces-10-million-dollars-strategic-investment-from-sig

⁠👀South Korea postpones 20% tax on crypto gains to 2025

The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first.

https://cointelegraph.com/news/south-korea-postpones-20-tax-on-crypto-gains-to-2025?utm_source=Telegram&utm_medium=social

🛂EX-COINBASE MANAGER ARRESTED IN US CRYPTOCURRENCIES INSIDER TRADING CASE: BBG

U.S. authorities have arrested former Coinbase product manager Ishan Wahi for allegedly leaking insider information that helped his brother and friend buy the tokens shortly before they were listed on a crypto exchange.

The manager, his brother, and a friend bought the crypto, which was soon listed on Coinbase.

SEC designates 9 coins as securities in Coinbase insider trading complaint:

AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM
https://www.sec.gov/litigation/complaints/2022/comp-pr2022-127.pdf

👫BCG: number of crypto users in the world will reach the mark of 1 billion people by 2030 (now 140 million people)

Statista: where and how are things going with crypto (CBDC) in the world - fully launched, pilot, launch is planned, the possibility is being considered

💰Tesla reports $64M profit from Bitcoin sale

In the first six months of 2022, Tesla recorded $170 million of impairment losses “resulting from changes to the carrying value” of its Bitcoin holdings, according to an official Form 10-Q filing with the United States Securities and Exchange Commission, or SEC. After selling 75% of its BTC stash for dollars in the second quarter, the company netted a realized gain of $64 million

https://cointelegraph.com/news/tesla-reports-64m-profit-from-bitcoin-sale?utm_source=Telegram&utm_medium=social

👁Coinbase Faces SEC Investigation on Cryptocurrency Listings

The US Securities and Exchange Commission’s scrutiny of Coinbase has increased since the platform expanded the number of tokens in which it offers trading, said two of the people, who asked not to be named because the inquiry hasn’t been disclosed publicly. The probe by the SEC’s enforcement unit predates the agency’s investigation into an alleged insider trading scheme that led the regulator last week to sue a former Coinbase manager and two other people.

“We are confident that our rigorous diligence process -- a process the SEC has already reviewed -- keeps securities off our platform, and we look forward to engaging with the SEC on the matter,” Chief Legal Officer Paul Grewal said on Twitter. The SEC declined to comment.

https://www.bloomberg.com/news/articles/2022-07-26/coinbase-faces-sec-investigation-over-cryptocurrency-listings

📊Positive correlation BTC - Nasdaq100

🔥⚡️Bitcoin Lightning vs Mastercard

Feel the difference 😌

👀Santiment: Cardano is the network with the highest developer activity at the moment

💰AntPool Supports Ethereum Classic Ecosystem With $10M Investment

The mining pool is throwing its weight behind the Ethereum-offshoot alternative that will continue to mine using proof-of-work.

https://www.coindesk.com/business/2022/07/26/antpool-supports-ethereum-classic-ecosystem-with-10m-investment/

❌Nirvana, an algorithm stablecoin protocol based on Solana has suffered a flash loan attack of $3 million.

https://twitter.com/PeckShieldAlert/status/1552589510986215425?s=20&t=NewxwdywsfbxH9zRqPclAQ

🚗Mercedes-Benz and Polygon to develop a platform for data exchange

A blockchain-based data sharing network has been introduced by Daimler South East Asia, a part of the Mercedes Benz Group, using Polygon, an Ethereum Layer-2 scaling solution

https://www.livemint.com/companies/news/mercedesbenz-and-polygon-to-develop-a-platform-for-data-exchange-11659022007115.html

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📈Cryptorank: top 10 tokens by growth in a week