2021-12-11 11:22:37
This week in Crypto:- We saw a violent selloff on saturday, BTC fell as low as 42 333 and this brings the total drawdown from the 69k ATH to 39%.
- Hardware-wallet manufacturer ledger announced the launch of a new hardware-wallet and a crypto debit-card.
- WhatsApp has launched a new pilot that lets a limited number of people in the US send and receive money from within a chat using cryptocurrency (PAX Dollars, stablecoin on Paxos).
- US-exchange leaders (incl. Coinbase, FTX) appeared for a congressional hearing. The hearing was very positive in my view.
- OpenSea confirmed that they are not planning an IPO (initial public offering).
- Vitalik Buterin published a research paper about Rollup-solutions and L2s (read more here: https://vitalik.ca/general/2021/12/06/endgame.html).
- 0xMaki was forced to leave Sushiswap and Sushis CTO Joseph delong stepped down after significant drama behind the scenes
(read more here: https://rekt.news/sushiswap-scandal/)
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