Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25
Cointelegraph
Published Jun 25, 2022 04:30PM ET
Updated Jun 25, 2022 04:40PM ET
h4 SBF and Alameda step in to prevent crypto collapse contagion/h4
/h4 h4 Bitcoin dead Google (NASDAQ:GOOGL) searches hit new all-time high/h4 h4 /h4 h4 Bitcoin S2F model gives false sense of certainty, says Vitalik Buterin/h4 h4 /h4 h4 Solend invalidates Solana whale wallet takeover plan with second governance vote/h4 h4 Foolish to deny Bitcoin price can go under $10K Analysis/h4 h4 /h4 h4 Harmonys Horizon Bridge hacked for $100M/h4 h4 Chinas WeChat bans crypto and NFT-related accounts
/h4 h4 Iranian government to cut power supply for the countrys legal crypto mining rigs/h4 h3 /h3 h3 The community-centered approach to Web3 Aave founder and CEO/h3 h3 Is there a way for the crypto sector to avoid Bitcoins halving-related bear markets?/h3 h3 LummisGillibrand crypto bill comprehensive but still creates division/h3
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Sam Bankman-Fried stated on June 20 that his firms Alameda Research and FTX would be stepping in to help companies with liquidity troubles amid the current bear market. Over the course of the week, Alameda dished out a loan of roughly $500 million to Voyager Digital, which is suffering from exposure to the potentially insolvent Three Arrows Capital, while FTX supplied BlockFi with $250 million worth of credit.
h4 /h4 h4 New video revives debate over Bored Ape Yacht Clubs alleged racist imagery
/h4
YouTuber Philip Rusnack, known as Philion, published a video this week on Yuga Labs Bored Ape Yacht Club nonfungible token (NFT) project, arguing that the team has embedded alt-right inside jokes, Nazi imagery and racist caricatures of Black and Asian people in the artwork depicted in the tokenized avatars. Such a notion has been a long-running conspiracy theory in the NFT community, and while many people laugh it off, others take the supposed evidence as gospel.
/h4 h4 Iranian government to cut power supply for the countrys legal crypto mining rigs/h4 h3 /h3 h3 The community-centered approach to Web3 Aave founder and CEO/h3 h3 Is there a way for the crypto sector to avoid Bitcoins halving-related bear markets?/h3 h3 LummisGillibrand crypto bill comprehensive but still creates division/h3
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