Industry News

The highlights from last week’s news, numbers and events from the crypto industry.

NFTs on Telegram, what were the DAO wars? Australia’s planned crypto regulation, and 5% Bitcoin cashback in Brazil.

Hackers stole crypto worth $4.1 million from Solana wallets in early August. The exploit was quickly traced to Slope finance.

Hackers emptied 9,231 Slope wallets of crypto worth about $4.1 million. A day later, the vulnerability was traced to Slope finance.

Here’s what moved the needle in the cryptocurrency industry last week.

Last week in crypto: Bitcoin breaks $25k, Ethereum’s Merge, and traditional finance cosying up to crypto

Last week in crypto: Honduras launches Bitcoin Valley to attract visitors, Michael Saylor steps down as Microstrategy CEO and Bitcoin posts record month.

During the first two quarters of 2022, $304 million worth of capital entered the African blockchain ecosystem.

Of the retailers that have already incorporated crypto payments into their business, 93% said they have seen a positive impact.

Michael Saylor, CEO of business intelligence company MicroStrategy has announced that he will be stepping down from the chief executive role to an executive chairman role.

Digital asset funds showed five consecutive weeks of capital inflows in July.

Last week in review: Uniswap plans to integrate platform with Sudoswap, cryptocurrency education identified as the key to adoption, University of Tokyo will offer courses in the metaverse, Dubai plans to create 40 000 jobs by 2030 in metaverse expansion.