Hey Breet Gang,
How’d the weekend go? 🕺🏼
If your answer is fast, you have the right answer 🥲
November is moving at full speed, but on the plus side, Christmas decorations are already going up, and I’m definitely here for that!
2022 came with its fair share of gbas-gbos — even the start of November — but we gather strength & we move! 💪🏻
As a new week begins, it’s time for our weekly round down of What Happened In The Crypto World Last Week.
Ready? Let’s go!
Bitcoin ended the week with a gain of 1.42% and at a high of $20,608, while Ethereum was up by 2.80%, and at $1,585. Let’s hope the green streak continues this week 🤲
Instagram user? Something hooge is coming! A new feature backed up by Polygon will soon allow users to create, display and sell NFTs. This feature will be free of charge till 2024. Excited? You should be!
Korean prosecutors claim to have obtained a private conversation as evidence that Do Kwon ordered the market price of Luna to be manipulated internally by a certain employee. We’d be watching like hawks as this unfolds 👀
The founder and CEO of Binance Changpeng Zhao, who’d publicised in October that the Exchange might be spending over $1 billion on deals this year is considering buying a traditional bank. Omo – money is speaking o! 💰
Meanwhile, New-York based Crypto firm CoinFund is reportedly looking to raise $250 million targeted at seed investments. Fingers crossed for these guys! 🤞
MoneyGram is moving differently o – the payment firm just launched a crypto purchase feature on its mobile app to allow nearly all U.S. users buy, sell and hold Bitcoin (BTC), Ether (ETH) and Litecoin (LTC). Definitely deserves some accolades 👏
Unfortunate news – Hackers have struck again, and this time, Solana-based Decentralised Finance (DeFi) protocol Solend was the latest victim. The Lending app lost $1.26 million in an oracle attack according to a report on their Twitter account 🤧
Cryptocurrency exchange BitMEX seem to be having a rough time, as they reportedly plan to lay off about 30% of their employees, following the CEO’s departure. Harsh mehn 🥲
And last on our list – one of South Africa’s largest supermarket chains, Pick n Pay, will now allow its customers make purchases with Bitcoin (BTC) using any Lightning Network-enabled app. Shoprite Nigeria is next – hopefully 👀
It’s a wrap — thank you for reading, Breet Gang!
Remember, to stay updated on the latest Crypto news, be sure that you’re following us on our social media platforms & stop by on the blog as often as you can 💪🏻
Till next time, go do awesome stuff!