Weekly Summary | ForkLog

ForkLog 10 19.09.2021

Week in Review: Bank of Russia Tightens Crackdown on Cryptocurrencies, Walmart Denies Litecoin Tie-Up

The Bank of Russia defined eight criteria for blocking transactions with Bitcoin exchangers and urged slowing transfers to cryptocurrency exchanges; Walmart denied reports of a collaboration with Litecoin, Solana and Arbitrum faced technical difficulties, and other events marked the week.

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ForkLog 4 12.09.2021

Week in Review: El Salvador legalises Bitcoin, and Ukraine passes a virtual assets law

El Salvador legalised Bitcoin and the government bought 550 BTC, Ukraine passes virtual assets law, the SEC warned Coinbase of a lawsuit, and other events from the week.

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ForkLog 8 07.09.2021

Glassnode: miners did not derail market recovery after May correction

Last week miners sold 2,900 BTC, but that did not stop Bitcoin's rise above $50,000. On-chain metrics continued to indicate the predominance of 'accumulation' among traders and inflows of capital from institutional investors, according to the latest Glassnode report.

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ForkLog 13 05.09.2021

Week in review: Bitcoin tops $51,000 as OpenSea’s August trading volume surpasses $3 billion

OpenSea's NFT marketplace trading volume in August topped $3 billion, Vitalik Buterin called the choice of Ethereum co-founders mistaken, the founders of the Finiko pyramid were declared international fugitives, and other events from the week.

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ForkLog 6 29.08.2021

Week in Review: Bitcoin Hits Local High as Ethereum Network Experiences Unintended Fork

Bitcoin reached a local high above $50,000, Ethereum network experienced an unintended fork, Poly Network developers regained control over $613 million stolen, and other events of the week.

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ForkLog 11 22.08.2021

Week in Review: Cardano and Solana Hit New Highs, OpenSea Volume Tops $1 Billion

Solana (SOL) and Cardano (ADA) hit all-time highs, NFT-marketplace OpenSea logged trading volume of $1 billion in August so far, Poly Network hack, hacker threatened to delay full restitution, and other events of the week. Bitcoin hit above $48,500. On Monday the leading cryptocurrency traded near $48,000, but midweek the price fell to $44,200. After hitting a local bottom, prices began to rise and by Friday had risen above $48,700, and on Saturday briefly surpassed $49,000. As of writing, Bitcoin trades near $48,700.

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ForkLog 9 15.08.2021

Week in Review: Hacker steals $611 million from Poly Network, then returns it all; US senators fail to agree on crypto tax provisions

A hacker siphoned assets worth $611 million from the Poly Network protocol, but later returned them all; the SEC demanded terabytes of Slack messages from Ripple employees; in the US Senate, no agreement was reached on amendments to the crypto taxation section in the infrastructure bill; and other developments of the week.

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ForkLog 13 08.08.2021

Week in Review: Ethereum’s London hard fork goes live as US debates over crypto taxation intensify

The Ethereum network saw the London hard fork, Brian Brooks left as head of Binance US, and ongoing US debates over expanded crypto taxation, plus other events of the week.

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ForkLog 13 01.08.2021

Week in review: Bitcoin back at $40,000 as Robinhood begins trading on Nasdaq

The price of digital gold surpassed the $40 000 level, the Robinhood app conducted an IPO on Nasdaq, and in Kazan the co-founder of Finiko Kirill Doronin was detained, among other events of the past week.

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ForkLog 36 25.07.2021

Week in review: Elon Musk reveals SpaceX investments in bitcoin, and FTX attracts record $900 million at an $18 billion valuation

Elon Musk announced SpaceX's investments in bitcoin, the crypto-derivatives exchange FTX attracted a record $900 million at an $18 billion valuation, Jack Dorsey outlined plans to integrate digital gold into Twitter, and other events from the past week.

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ForkLog 14 18.07.2021

Week in review: Regulators press Binance as the Finiko pyramid halts withdrawals

Regulators pressed Binance, the PBoC released a white paper on the digital yuan, the Finiko pyramid halted withdrawals, and Bitcoin mining difficulty fell by another 4.8%, among other week’s events.

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ForkLog 6 11.07.2021

Week in Review: China criticises Bitcoin, while UK banks curb Binance operations

British banks continued restricting operations with Binance, the exchange's CEO commented on its relations with regulators amid a raft of statements, while the founders of the Finiko pyramid were suspected of an exit scam, and other events of the week.

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#Weekly Summary