Hebdo Crypto #202 – Bitcoin and Cryptocurrency News of the Week

Briefly about the week of 08/01 – News about Bitcoin and cryptocurrencies is constantly boiling. It can happen that crucial information gets lost in the daily flow of information and you miss important points. This format is here to fix that. We come back tonews from the past week‘Crypto Weekly to inform you about the current situation with cryptocurrencies.
Crypto news in a nutshell
▶ EthPow vs. Eth2.0. Faced with the inevitable transition to proof-of-stake on the Ethereum network, some miners are starting consider creating a fork now the proof of work.
▶ CryptoPunks, the new icons of luxury. Luxury brand Tiffany offers NFT lovers luxury jewelry with the image of their precious CryptoPunks.
▶ Instagram expands NFT support. Mark Zuckerberg himself announced that he will expand support for NFTs on Instagram more than 100 countries.
▶ Binance does it again with KYC. The group’s French subsidiary has just updated its terms of use, generating new KYC requirements for users.
▶ Saltwater ecosystem in fire and blood. A bug in the Slope wallet led to hack several thousand wallets through the ecosystem.
▶ New interview made by Samy. On the occasion of StarknetCC, Samy was able to interview co-founder of ZKLend.
>> Get ready for the next Bitcoin bull run by registering now on the FTX platform (affiliate link) <
5 metrics of the week
➤ 550 million dollarsit is the income of bitcoin network miners in July. Although colossal, this is still down from previous months.
➤ 190 million dollarsit’s about stolen amount on nomad bridge protocol. Indeed, the flaw allowed dozens of hackers to empty protocol stacks. Part of these funds, approx 16 million dollarsit could have been preserved by whitehats.
➤ 1.7 million dollarsit is the amount stolen by the Reaper Farm protocol attacker. The lack of verification in the code allowed anyone to siphon funds from the pool.
➤ 100 million dollarsit’s about the amount Ledger would like to collect. This was revealed by Bloomberg based on information from anonymous people familiar with the matter.
➤ 4.8 million dollarsit is the amount that was stolen from the exchange platform ZB.com. In practice, the exchange’s hot wallets were targeted by attackers.
Tweet of the week
Tweet of the week goes to 0xKaelSensei and his advice to young developers moving into Web3.
Have a great week at Journal du Coin! 🙂
Bitcoin is solid and resilient. Tomorrow or in a while you will be happy that you bought something during the crisis. Don’t wait too long to take advantage of the current purchase conditions! Register without delay on the FTX benchmark crypto exchange platform! Plus, you get a lifetime discount on your trading fees. (affiliate link, see terms and conditions on the official website)