2022-06-14 04:14:56
The crypto market has had another “FUD” week from all aspects of the industry, but despite that, the projects still have notable updates.
Let’s review it all with CHK to make sure you don’t miss any important news!
CHK Originals – Must-read articles
– Kyros Kompass #10: Some privacy protection mechanisms on blockchain
– Ancient8 Research:
– CHK Blog:
CHK TV
– DeFi Discussion ep.48: Is Fat Protocol obsolete? Chat about Fat Protocol and Fat Application
– Weekly news: CZ and Binance surrounded by FUDs
– Review: Exchange Gate.io – A platform to hunt for “hidden gems”
Central point 🔥
– Bitcoin dump because US inflation increased unexpectedly in May
– US Congressman Publication of draft “comprehensive” crypto regulation law
– Upgrade The Merge successfully deployed on Ethereum’s testnet, strong ETH dump price
– DeFi’s “turbulent” day: Optimism was “lifted” by 20 million OPs, the founder of Synthetix “wrongly burned” 10 million DAI, Osmosis’s “foul” project – Hacker returned money to Optimism
– Binance constantly encounters FUD: The exchange is accused of supporting money laundering of $ 2.35 billion, BNB is investigated for being suspected of being a “security”
– Terraform Labs was investigated by Korea for “embezzlement”, the US court rejected the SEC’s appeal
– Jack Dorsey Announces Web5 – new project to “replace Web3”
Big Cap
– What the Ethereum community is doing not satisfied with Vitalik Buterin
– The largest cryptocurrency exchanges in Korea simultaneously delisted Litecoin (LTC)
– Tether (USDT) deploy stablecoin on Tezos
– Chainlink (LINK) announced some important updates to the new development roadmap, staking support
– Avalanche (AVAX) set a new record in network activity and a few words from the project founder
– Circle Deploying USDC to Polygon for Web3 Payments
– Solana (SOL) “pumping” 100 million USD to promote crypto projects in Korea
– Cronos (CRO) launch 100 million USD development fund to promote the ecosystem
– Arrington Capital established a fund of 100 million USD to finance the above projects Moonbeam
– Number of wallet addresses held Luna Classic (LUNC) 500% increase in less than 1 month
DeFi
– Lido Proposal to sell 10,000 ETH to prepare for “crypto winter”
– Frax Proposal to buy back 20 million USD of FXS tokens
– stETH continue to depeg deeper than ETH
– TRON raises the margin rate stablecoin USDD up more than 200%
– Elrond (EGLD) “to the ground” on Maiar DEX – What happened?
– Osmosis (OSMO) encountered an exploit vulnerability, continued to “print money from the air”
NFT, Games and the Metaverse 🖼🎮🌐
– Despite the “red fire” NFT market, Illuvium (ILV) still brought in more than 72 million USD in land sales
– Epic Games giant officially “aired” NFT game of Gala Games (GALA)
– Yuga Labs remove the code that is “dangerous” to the project Bored Ape Yacht Club (BAYC)
– Budweiser Brewery signed a cooperation agreement with the horse racing game NFT Zed Run
– Anthony Hopkins join the NFT industry
– StepN (GMT) DDoS attack
– Bored Ape Yacht Club (BAYC) continues to be hacked on Discord, the loss value is up to 200 ETH
Investments from large institutions
– Citadel Securities planning to build a new cryptocurrency trading platform
– Current portfolio of Animoca Brands worth up to 1.5 billion USD
Legal and Reception ️
– Governor of New York not ready to put pen to paper the bill to ban Proof-of-Work (PoW) mining
– Samsung Launching a Discord server with the ambition of “conquering” Web3
– PayPal Launching a new function that allows transferring crypto to other wallets
Synthetic CHK
#CHK #Weekly #June #June #ETH #dumped #strongly #successful #test #Merge #testnet
