This week in the Cryptoworld: Olympus shed 35% in price and USD 474m in market capitalization as a whale dumped the coin, and Polygon implemented EIP-1559, while Crypto.com suspended withdrawals due to ‘unauthorized activity’, after which they said that no customer funds were lost, as an auditor claimed that USD 15m was stolen from the company.
Establishing the BitMEX group in the DACH region, BXM Operations AG plans to purchase German bank Bankhaus von der Heydt, Microsoft announced plans to acquire Activision Blizzard for USD 68.7bn, Andreessen Horowitz is eyeing USD 4.5bn for new crypto funds, LinkedIn said that crypto-related job postings skyrocketed in 2021, a ‘flurry’ of Walmart patents suggests its willingness to embrace crypto, NFTs and the metaverse, the first 1,000 Robinhood customers got their crypto wallets, Opera unveiled its ‘Crypto Browser Project’ with a built-in non-custodial wallet, and MicroStrategy said it’s only buying and HODLing BTC.
The US Fed wants answers to 22 questions about the digital dollar, a top Russian policymaker has insisted that crypto users in the country should be unmasked, and anti-Nayib-Bukele Salvadorans ‘clashed’ with the supporters of the crypto-keen-leader in a Los Angeles park.
Bitcoin mining difficulty hit a new ATH, GRIID will be the first recipient of Intel’s “Bonanza Mine” chips, another solo miner won a life-changing sum of money, this time on Ethereum, and an EU financial regulator urged the union to ‘ban’ PoW crypto mining and force tokens into PoS.