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Home News Story

Hebdo Crypto #213 – Bitcoin and cryptocurrency news of the week

by Ashutosh Thakur
October 23, 2022
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The week of 10/17 and bref – The news about Bitcoin and cryptocurrencies is constantly boiling. It can happen that crucial information gets lost in the daily information flow and that you miss important points. This format is there to remedy that. We return to thenews from the past week’Hebdo Crypto to keep you informed about the current situation of cryptocurrencies.

Crypto news in brief

▶ Binance accused of dodging US regulators. Thus, according to information published by Reuters, the giant would have created a platform in the United States to distance lawmakers from its main platform.

▶ Europe wants to ban mining this winter. Under cover of energy shortages, the European Union is encouraging its members to implement measures targeting cryptocurrency miners.

▶ Layer 2 zkSync prepares for the big launch. A few days before deploying its mainnet, zkSync has deployed proof of validity integration on its testnet.

▶ After The Merge, Ethereum is preparing for the Shanghai hard fork. Thus, the developers have deployed the first testnet to test 6 EIPs that will be included in the next hard fork.

▶ An American company wants to allow us to pay with our Metamask wallet. Thus, it has entered into a partnership with Consensys allowing you to connect Metamask to your bank account.

>> Your first bitcoins in a few minutes? Sign up on Binance (commercial link) <<

The 6 metrics of the week

➤ $3.8 billionit is the amount that could have been stolen via a flaw in the BitBTC bridge. Indeed, this bridge that connects Optimism to Ethereum had a critical bug. Fortunately, the flaw was fixed in time.

Flaw on the BitBTC bridge.

➤ 260 000$it’s about of the sum stolen by several attackers by exploiting an Ethereum Alarm Clock contract. In total, 24 different addresses took advantage of this bug.

➤ 15 000$it’s the maximum airdrop amount made by the new Aptos layer 1. Thus, testnet users were able to recover between 150 and 300 APTs according to certain criteria.

➤ 41%it’s here share of blocks on the Ethereum network that feature censorship. Thus, the latter respect the recommendations of the OFAC and carry out a censorship of certain transactions, in particular related to Tornado Cash.

Bloc Is Ofac Compliant On Ethereum.
Bloc is OFAC compliant on Ethereum.

➤ 100 million dollarsit’s the amount it would take to be able to attack the Aave protocol. A situation deemed unlikely by the developers. However, the latter will still put in place certain protections to avoid this disaster.

Tweet of the week

Tweet of the week goes to @From0To10k. In his tweet, he presents us with the destruction of ETH via the EIP 1559 coupled with the reduction of the emission via The Merge. A couple who makes Ethereum deflationary.

Tweet Of The Week.
Tweet of the week.

Have a nice week on the Journal du Coin! 🙂

The time for everyone’s interest in Bitcoin has come. And you, what are you doing to prepare for the future? Start getting acquainted with this exciting world, and don’t wait any longer for yourself create an account on Binancethe reference Bitcoin and crypto exchange (commercial link).

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