💰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
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
Cointelegraph
Tesla reports $64M profit from Bitcoin sale
Elon Musk's Bitcoin gambit has proven to be a profitable endeavor — so far.
👁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
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
Bloomberg.com
Coinbase Faces SEC Investigation on Cryptocurrency Listings
Coinbase Global Inc. is facing a US probe into whether it improperly let Americans trade digital assets that should have been registered as securities, according to three people familiar with the matter. The company’s shares dropped 21%.
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💰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/
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/
CoinDesk
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.
❌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
https://twitter.com/PeckShieldAlert/status/1552589510986215425?s=20&t=NewxwdywsfbxH9zRqPclAQ
Twitter
#PeckShieldAlert Seems like @nirvana_fi exploited @peckshield
Exploiters already bridged stolen funds to Ethereum 0xB9AE2624Ab08661F010185d72Dd506E199E67C09
Exploiters already bridged stolen funds to Ethereum 0xB9AE2624Ab08661F010185d72Dd506E199E67C09
🚗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
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
mint
Mercedes-Benz and Polygon to develop a platform for data exchange
The new data-sharing platform from Daimler South East Asia, called Acentrik, will let businesses purchase and sell data in a decentralized setting
🔥🆕New upcoming deal for all Tiers will go live this evening on our platform (2 pm UTC).
Unique game of exploration, survival and cinematic universe with top backers onboard: Alameda research, Kingway Capital, Immutable X and many more.
CEX listing on FTX and Binance.
📣Details are already available on our platform:
https://bulknetwork.app
Join our announcements channel so you don't miss out on new deals:
https://news.1rj.ru/str/BulkDealsAnn
Unique game of exploration, survival and cinematic universe with top backers onboard: Alameda research, Kingway Capital, Immutable X and many more.
CEX listing on FTX and Binance.
📣Details are already available on our platform:
https://bulknetwork.app
Join our announcements channel so you don't miss out on new deals:
https://news.1rj.ru/str/BulkDealsAnn
👀Solana Opens First Physical Store in New York City
Solana Spaces is now open in Hudson Yards, New York City. The store aims to provide beginners with an educational experience as well as smooth onboarding to the Solana blockchain.
The store, a collaborative effort from the Solana Foundation and several ecosystem partners, will be open from 10:00 to 20:00 from Monday to Saturday and from 11:00 to 19:00 on Sunday.
https://cryptobriefing.com/solana-opens-physical-store-in-nyc/
Solana Spaces is now open in Hudson Yards, New York City. The store aims to provide beginners with an educational experience as well as smooth onboarding to the Solana blockchain.
The store, a collaborative effort from the Solana Foundation and several ecosystem partners, will be open from 10:00 to 20:00 from Monday to Saturday and from 11:00 to 19:00 on Sunday.
https://cryptobriefing.com/solana-opens-physical-store-in-nyc/
💵Greenlight for GHO ( stable coin from Aave )
Aave Companies is proposing to the DAO the introduction of GHO, which was outlined in this initial proposal.
With community approval, GHO can be launched on the Aave Protocol, allowing users to mint GHO against their supplied collaterals.
GHO can be minted by users against a diversified set of crypto-assets. Borrowers of GHO will continue earning interest on the underlying supplied collateral, just as in all other borrow transactions on the Aave Protocol.
https://snapshot.org/#/aave.eth/proposal/0xb17b3294dcb08316cb623c717add7f82df54948d558992f886be59d0958e9b24
Aave Companies is proposing to the DAO the introduction of GHO, which was outlined in this initial proposal.
With community approval, GHO can be launched on the Aave Protocol, allowing users to mint GHO against their supplied collaterals.
GHO can be minted by users against a diversified set of crypto-assets. Borrowers of GHO will continue earning interest on the underlying supplied collateral, just as in all other borrow transactions on the Aave Protocol.
https://snapshot.org/#/aave.eth/proposal/0xb17b3294dcb08316cb623c717add7f82df54948d558992f886be59d0958e9b24
💰Binance Says It Lost 90% of Customers After Implementing KYC, Losing Billions of $$$ in Revenue
The exchange, which operates in numerous jurisdictions despite not having a formally registered headquarters, also recruited ex-HSBC sanctions expert Chagri Poyraz as its new global head of sanctions compliance.
https://www.coindesk.com/layer2/2022/08/01/binance-compliance-officer-kyc-cost-exchange-billions-in-revenue/
The exchange, which operates in numerous jurisdictions despite not having a formally registered headquarters, also recruited ex-HSBC sanctions expert Chagri Poyraz as its new global head of sanctions compliance.
https://www.coindesk.com/layer2/2022/08/01/binance-compliance-officer-kyc-cost-exchange-billions-in-revenue/