CHK Weekly (August 1 – August 7): Hacks are back in focus

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2022-08-07 07:50:44

Although it has only entered the first week of August 2022, the cryptocurrency market has received a wave of bad news when up to 2 projects were attacked, with a total loss of nearly 200 million USD.

In addition, the past week has also seen the return of debates and dramas surrounding major topics in the market, including The Merge of Ethereum, Solana being accused of “faking” the data, and the controversy between Binance and Bitcoin. WazirX.

Let’s review it all with CHK to make sure you don’t miss any important news!

Movement in value of leading cryptocurrencies compared to 7 days ago, statistics taken at 09:20 AM on August 7, 2022. Source: Coin360

CHK Originals – Must-read articles

Kyros Research: Resonance in NFT Music

– CHK Blog:

Ancient8 Research:

AntiAntiNFTs Club:

CHK TV

DeFi Discussion ep.56: Old Investment Thesis – Is it true in the future?

Weekly news: MicroStrategy lost $ 1 billion, CEO “flying chair” – Thousands of Solana wallets were “intested”

Reviews:

Central point 🔥

– The Nomad cross-chain bridge was hacked and “spoiled”, damage more than 176 million USD – The names are “spoiled”

Solana experiencing widespread problems, many users lose money

MicroStrategy Losing $918 million because of Bitcoin’s devaluation, Michael Saylor lost the CEO seat

– Crypto community debates the scenario ETH1 – ETH2 . split after The Merge – Vitalik Buterin also speak up

– The developer of “12 personalities” was prosecuted generate 75% TVL on Solana

WazirX investigated by India for alleged money laundering – Binance immediately “cut off relations”

Big Cap

Poloniex “bet” that Ethereum will split into 2 blockchains after The Merge

– Supply Tether (USDT) started to increase again after three consecutive months of deep decline

Cardano continues to set new milestones, surpassing 3.5 million ADA wallets on the platform

Dogecoin update libdogecoin

– Whether Ethereum Classic (ETC) Will it grow sustainably after The Merge or is it just a “fad trend”?

Filecoin (FIL) continuously increased strongly after announcing the cooperation relationship with Harvard University

Helium (HNT) “uncovered” the truth, fooling investors with fake partnerships

Binance.US delists AMP after the SEC declared the token a security

NEAR Wallet had a similar vulnerability to Solana, but it was fixed in time

DeFi

Upgrade Optimism’s Bedrock What’s remarkable?

Uniswap proposed the establishment of a new organization to “discharge UNI”

– “Surprise ending” for the proposal to sell 2% of the total supply of Lido Finance

DeFiLlama Update the calculation of TVL after the “multi-personality” Saber developer case

Waves revive Vires.Finance, compensate 500 million USD for users

NFT, Games and Metaverse 🖼🎮🌐

Vitalik Buterin: Metaverse is still “too early” and Meta’s efforts will come to a dead end?

Meta together Coinbase and Flow bring NFT to more than 100 countries

Binance Released the first Soulbound Token on BNB Chain

– Jewelry brand Tiffany & Co. debut NFT CryptoPunks . necklace – Trading volume immediately skyrocketed

Okay Bears NFT airdrop can be exchanged for real gold for the owner

Magic Eden community turned away? – Expansion to Ethereum

– NFT hacks cost more than 80 million USD in 2022

Large organizations

BlackRock Partnering with Coinbase to Offer Crypto Trading to Institutional Investors

Hashed confirmed to lose more than 3 billion USD because of LUNA-UST

Socios invest 100 million USD in FC Barcelona

CoinFLEX lay off employees to cut costs by up to 60%

Voyager received a “more attractive” buyback offer than FTX, will return $270 million to customers

Legal and Reception

America proposes that CFTC should regulate cryptocurrencies, redefine regulation of crypto “brokers”

Gucci accept payments in ApeCoin (APE)

Starbucks Web3’s reward program teaser

Synthetic CHK

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