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The Last Fortnight in Crypto - July 2022

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Elliott Lyons
Elliott Lyons

The Last Fortnight in Crypto - July 2022

Recent News

Solana Announce Plans for Crypto Smartphone

In a Web 3 first, Solana have announced the reveal of a crypto mobile they’re calling Saga. The Android mobile device will go out with the project’s latest stack for developers named aptly the Solana Mobile Stack. The phone will feature a seed vault for private keys, Solana Pay for Android and the Solana dApp Store.

BlockFi Announces Deal with FTX US, for $240M

Underwater crypto exchange BlockFi has signed an agreements with FTX US. BlockFi was one of the first firms to liquidate some Three Arrows Capital's positions in June after the company reportedly failed to meet margin calls from its lenders. Amid the market downturn and extreme price volatility, the crypto lending firm announced that it would be laying off 20% of its 850-strong staff, retaining roughly 600 people.

What Company Owns the Most Bitcoin in 2022?

One of the main features of the Bitcoin blockchain is its transparency. Bitcoin lets anyone see every transaction that has ever been made on its network and check the balance of every address out there. Because of this transparency, we’re able to know who owns the most Bitcoin (BTC) in 2022. According to Bitcoin Treasuries, a website tracking the Bitcoin held by publicly traded firms, some of them include;

Michael Saylor's MicroStrategy
Core Scientific
BTC Miner Marathon Digital Holdings
Fintech giant Square
Crypto exchange Coinbase
Crypto investment firm Galaxy Digita
Elon Musk’s Tesla

Voyager Digital Freezes Customer Assets

Cryptocurrency exchange Voyager Digital announced that it was temporarily suspending trading, deposits, withdrawals and loyalty rewards. The cryptocurrency exchange filed a notice of default to Singapore-based Three Arrows Capital, but promised it would continue operations. “The failure of a borrower, Three Arrows Capital, to repay a substantial loan from us makes this the right path forward,” Voyager Digital CEO Stephen Ehrlich of freezing trading, deposits, withdrawals and rewards.



LATEST TRENDS

Hundreds of BAYC Owners Set to Hire Out Their NFTs to Brands...

Unlike many NFT projects, Bored Ape Yacht Club provides the owners with the commercial rights, and hodlers are using them in creative ways. Hollywood actor Seth Green (Robot Chicken) is using his ape as the main character in an upcoming TV show. In April, food entrepreneur and BAYC NFT owner Andy Nguyen also decided to launch a BAYC-themed restaurant named Bored & Hungry in Long Beach, California. With the announcement of the launch of new platform Mouse Belt it has been made a whole lot easier for other BAYC holders to do the same, with over 200 signed up to the platform already...

Bamboo post
11 April 20221 min read

Crypto Jargon – The Phrases You Hear but Don’t Understand Explained!

In this episode, Craig and Blake take the helm while Tracy enjoys a well-deserved break. The boys discuss all the jargon that litters the crypto landscape…
Read more >
Bamboo post
24 January 20222 min read

How to Find Reliable Crypto Information

It's Monday and that means the latest instalment of our podcast Crypto Curious. In this episode, your hosts Tracey, Blake and Craig talk about where to…
Read more >
Bamboo post
08 September 20213 min read

5 companies that changed their mind about Bitcoin.

Bitcoin is looking stronger than ever and will soon be celebrating its 13th birthday on 9 January 2022. Yet, for such a young asset, it sure has suffered…
Read more >
Bamboo post
11 April 20221 min read

Crypto Jargon – The Phrases You Hear but Don’t Understand Explained!

In this episode, Craig and Blake take the helm while Tracy enjoys a well-deserved break. The boys discuss all the jargon that litters the crypto landscape…
Read more >
Bamboo post
24 January 20222 min read

How to Find Reliable Crypto Information

It's Monday and that means the latest instalment of our podcast Crypto Curious. In this episode, your hosts Tracey, Blake and Craig talk about where to…
Read more >
Bamboo post
08 September 20213 min read

5 companies that changed their mind about Bitcoin.

Bitcoin is looking stronger than ever and will soon be celebrating its 13th birthday on 9 January 2022. Yet, for such a young asset, it sure has suffered…
Read more >

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