Another exciting week in the crypto space is coming to an end. The most important events around Bitcoin, Ethereum and Co. in a moment.
Will FTX take over Celsius?
Alex Mashinsky managed Celsius Network’s fortunes for many years. Now it’s over for the 56-year-old. As the crypto lending service announced in a press release, the Ukrainian-born informed the board last week of his immediate resignation as CEO and relinquishment of his board mandate. Chief Financial Officer Chris Ferraro takes over the post on an interim basis.
Meanwhile, the outcome of the insolvency proceedings for Celsius remains uncertain. Bloomberg reported on an alleged takeover interest from crypto exchange FTX, citing anonymous sources. A specific amount is not known at this time.
You can find all additional information in this article: Celsius CEO resigns – FTX with takeover offer?
China Arrests Billionaires Laundering Crypto Money
100 devices confiscated, 93 people arrested and 10 buildings stormed are the results of the “Hundred Days of Action” in China, a month-long investigation by Chinese authorities of crypto-money launderers in the city of Hengyang.
The gang used illegal gambling and phone scams to buy cryptocurrencies and later exchange them for US dollars. A total of 40 billion yuan ($5.6 billion) was laundered in digital currencies, local media reports.
You can find out more here: China succeeds in mega-coup against crypto-money launderers
Apple allows NFT sales
According to news website The Information, Apple is now allowing NFTs to be sold on its Appstore. Startups must pay a 30 percent fee for each transaction for their service. This is standard with Apple.
The information report states that many of the small businesses protest and even limit certain functions to avoid the fees.
You can read all the details in this article: Apple allows NFT sales – for a big fee
Do Kwon’s Bitcoin assets are set to be frozen
There was recently uncertainty about Do Kwon’s whereabouts. According to media reports, Interpol started the search after the Terra founder left South Korea. On twitter Do Kwon now denied being on the run from the authorities: “I make no attempt to hide. I go for walks and go to shopping malls.”
Do Kwon said in one that he found “no indication” of an Interpol manhunt in the public record another tweet. Meanwhile, according to Bloomberg, South Korean prosecutors have ordered crypto exchanges KuCoin and OKX to freeze $67 million worth of Bitcoin linked to Do Kwon and the Luna Foundation Guard (LFG).
For more information, see Do Kwon’s Bitcoin Assets Set to be Frozen
Charles Hoskinson welcomes Ethereum developers
in a Twitter thread Charles Hoskinson criticizes that Ethereum developers did not consider his blockchain protocol “Ouroboros” for the merger. Instead, they chose a “technology from 2014”, he continues.
In addition, he complains about the general relationship with competitor Ethereum. The core developers of the network see Cardano as a cult dependent on a “malicious, sociopathic, incompetent, pathologically lying founder”.
Find out everything else here: Twitter War of the Roses between Charles Hoskinson and Ethereum developers
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