The week of 05/12 in short – 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‘Crypto Weekly to keep you informed about the current situation of cryptocurrencies.
Crypto news in brief
▶ Sam Bankman-Fried will finally be present for his hearing on December 13. After hinting that he would not come, the former boss of FTX will finally appear before the elected Americans.
▶ Renault takes the web3 turn. Discover R3NLT the new standard of the car manufacturer which is projected into the NFT universe.
▶ Return of Satoshi Nakamoto? An early Bitcoin user has just resurfaced. This had interacted with Bitcoin 16 days after its founder.
▶ USDC Issuer Circle Cancels IPO. This was to merge with the company SPAC Concord. Merger canceled because the company wishes to favor the regulatory approach.
▶ Ledger unveils its new crypto wallet. Entitled Stax, this new hardware wallet from the French brand will secure more than 500 assets.
▶ Nigeria forces the adoption of its MNBC. Thus, the country has put in place limits on the use of cash to encourage the population to adopt its MNBC.
▶ Sami and Benoît invited Marc Zeller from Aave for a round of crypto news.
The 5 metrics of the week
➤ 20%it’s here fall in BTC mining revenue in November. Thus, at the height of the bull run, the miners shared 1.7 billion dollars against 472 million currently.
➤ $1.15 billionit’s about amount invested by the Alameda Research company in the world of BTC mining. These funds had been gradually invested in the Genesis Digital Asset business.
➤ $175 millionit is the amount that will be made available by LedgerX in connection with the bankruptcy of FTX. Thus, these funds could be used to repay creditors of FTX.
➤ $6 millionit’s about the sum raised by Brett Harrison, the former president of FTX US, for his new startup. This fundraising comes only a few weeks after the fall of the platform.
➤ 1 year and a halfit is the time during which the SushiSwap protocol will be able to hold out with its current cash flow. After this limit, the protocol will have no more funds to stay afloat.
Tweet of the week
Tweet of the week goes to @DappUniversity and his thread on artificial intelligence which caused a stir on Twitter: ChatGPT.
Have a nice week on the Journal du Coin! 🙂
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Hebdo Crypto #220 – Bitcoin and cryptocurrency news of the week
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