Coinbase posts $1.1B loss, Polygon DApps rocket 400% in 2022 and Elon Musk says inflation is on the decline: Hodler’s Digest, Aug 7-13
Cointelegraph
Published Aug 13, 2022 04:30PM ET
Updated Aug 13, 2022 05:00PM ET
h4 Elon Musk: US past peak inflation after Tesla (NASDAQ:TSLA) sells 90% of Bitcoin/h4
/h4 h4 Coinbase (NASDAQ:COIN) posts $1.1B loss in Q2 on fast and furious crypto downturn/h4 h4 /h4 h4 Decentralized apps on Polygon hit 37,000, rocketing 400% this year/h4 h4 /h4 h4 Anonymous user sends ETH from Tornado Cash to prominent figures following sanctions/h4 h4 $29K Bitcoin is closer than you might expect, according to derivatives data/h4 h4 /h4 h4 ASIC chair troubled by sheer amount of risk-taking crypto investors/h4 h4 Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic
/h4 h4 Tornado Cash co-founder reports being kicked off GitHub as industry reacts to sanctions/h4 h3 /h3 h3 How to bake your own DAO at home With just 5 ingredients!/h3 h3 Reinventing yourself in the Metaverse through digital identity/h3 h3 How Bitcoin whales make a splash in markets and move prices/h3
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With Tesla now having sold 90% of its Bitcoinholdings during the bear market, Elon Musk says the U.S. economy is past peak inflation and predicts that only a mild to moderate recession could be incoming. We sort of have some insight into where prices are headed over time, and the interesting thing that were seeing now is that most of our commodities, most of the things that go into a Tesla not all, more than half the prices are trending down in six months from now, Musk said at Teslas 2022 Annual Meeting of Stockholders.
h4 /h4 h4 Coming sooner: ETH devs move up the date for Merge/h4
The long-awaited Merge looks to be ahead of schedule, with Ethereum core developers Tim Beiko and Terence Tsao agreeing on a developer call Thursday to tentatively set the date of the Merge for Sept. 15. The previously estimated date from Beiko was Sept. 19, and suggested that the final preparation work is going smoothly after the final Goerli testnet merge went off without a hitch this week.
/h4 h4 Tornado Cash co-founder reports being kicked off GitHub as industry reacts to sanctions/h4 h3 /h3 h3 How to bake your own DAO at home With just 5 ingredients!/h3 h3 Reinventing yourself in the Metaverse through digital identity/h3 h3 How Bitcoin whales make a splash in markets and move prices/h3
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