The week of 12/12 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
▶ After the fall of FTX, NFT Coachella’s collection is in turmoil. Indeed, it was centralized around the fallen exchange platform. A situation that demonstrates the cruel lack of decentralization of many NFT projects.
▶ Binance targeted by US authorities for money laundering. Information immediately refuted by Binance.
▶ FTX CEO Sam Bankman-Fried Arrested at His Bahamas Home. This arrest took place following the request of the American Department of Justice.
▶ Yuga Labs at the heart of an undisclosed advertising case. Thus, a class action has been filed against the studio and several celebrities including Justin Bieber, Madonna, Steph Curry and Paris Hilton.
▶ The SushiSwap protocol is considering a large overhaul of its tokenomics. Indeed, the protocol must adopt a more sustainable economic model to continue.
▶ French Senate wants to make PSAN certification mandatory for crypto businesses. A measure that could once again complicate the creation of crypto businesses, already little helped in France.
▶ Crypto and security, Sam reminds us of the fundamentals not to forget.
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The 5 metrics of the week
➤ 1 $, it’s the average cost of a transaction on Ethereum. Far lower fees than they may have been in the middle of the bullrun. Interactions with smart contracts cost between $2 and $5.
➤ 6.5 million dollarsit’s about amount stolen by the Lodestar protocol attacker on Arbitrum. He carried out an attack similar to the one that targeted Mango Markets not long ago.
➤ $3.6 billionit is the amount that was withdrawn from the Binance platform in less than 7 days. This capital flight follows a major FUD around the solvency of the platform.
➤ 69 %it’s here share of blocks produced on Ethereum being OFAC Compliant. A major problem which however seems to stagnate following the opening of the sources of several software by Flashbots.
➤ 3 000 BTCit’s about number of WBTC someone from Alameda tried to convert to BTC two days before the platform went down. In total, that’s about $50 million.
Tweet of the week
Back to EIP 4844, also known as Proto-Danksharding, which will drastically improve rollup performance.
Have a nice week on the Journal du Coin! 🙂
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