DLT Finance ? Weekly Digest

DLT Finance ? Weekly Digest

German crypto bank Nuri with 500K users files for insolvency

Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”

Link:https://cryptopanic.com/news/16005482/click/


Ethereum’s Third and Final Testnet Merge Goes Live on Goerli

Ethereum’s mainnet Merge with the proof-of-stake Beacon Chain should happen sometime next month.

Link:https://www.coindesk.com/tech/2022/08/11/ethereums-third-and-final-testnet-merge-goes-live-on-goerli/


BlackRock launches private trust offering direct bitcoin exposure?

BlackRock's latest offering comes a week after it secured a deal with Coinbase to offer crypto exposure to its clients.

Link: https://www.theblock.co/post/162987/blackrock-launches-private-trust-offering-direct-bitcoin-exposure?utm_source=cryptopanic&utm_medium=rss


Binance-incubated Injective Labs raises US$40 mln?

Pantera Capital-backed Injective Labs has raised US$40 million to be used to create blockchain optimized for financial applications, it said in a statement.?

Link:https://forkast.news/headlines/binance-incubated-injective-raises-us40m/


Bye-bye Brokers: EU Tries Stock Trading, the Web3 Way

A new European trial of blockchain-based securities trading is a “very good thing” for crypto fans, CoinDesk was told – but some worry it’s overcautious and rigid.

Link:https://www.coindesk.com/policy/2022/08/10/bye-bye-brokers-eu-tries-stock-trading-the-web3-way/


Santander Brazil to launch cryptocurrency trading platform

Santander Brazil is looking to launch a crypto trading desk for its clients within the next couple of months, CEO Mario Leao told local media.

Link:https://cryptoslate.com/santander-brazil-to-launch-cryptocurrency-trading-platform/


US Fed Fires Another 75 Basis Points Rate Hike at Record Inflation, Bitcoin & Ethereum Jump

The US Federal Reserve (Fed) has hiked interest rates by 75-basis points, to the interval 2.25 to 2.5%, in line with what most analysts expected.?

Link:https://cryptonews.com/news/fed-hikes-interest-rates-by-basis-points.htm


Hong Kong Ranks as the Most Crypto-Ready Nation in 2022

According to the most recent research, Hong Kong, the USA, and Switzerland are the most crypto-ready countries worldwide.

Link:https://cryptopotato.com/hong-kong-ranks-as-the-most-crypto-ready-nation-in-2022-survey/


US Senator Pressures Apple and Google Over Safeguards for Crypto Scam Apps

The senator wants to know what measures tech giants are taking to keep crypto scams off their app stores.

Link:https://cryptopotato.com/us-senator-pressures-apple-and-google-over-safeguards-for-crypto-scam-apps/

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