The largest bitcoin miners lost over $1 billion in crypto crash. Traders now expect new yearly lows. Bitcoin could be the key to the universe. I thought it was the number 42. Crypto exchanges are halting Ethereum and ERC-20 token withdrawals during the Merge. Vitalik Buterin wants to burn ether staked by sanction-complying validators. I’m glad I moved all my Ethereum off of Coinbase, except for my staked ETH 2.0. Celsius CEO Alex Mashinsky reportedly took control over the company’s investment strategy and personally directed investments based on bad information. The crypto lender has $2.8 billion in crypto liabilities, and it’s expected to reach negative liquidity by October. How’s that for a dumpster fire? Ripple is now on the Inc. 5000 list. The Securities and Exchange Commission (SEC) has filed a brief concerning the Hinman speech in its lawsuit against Ripple. Meanwhile, Wells Fargo refers to XRP as a “digital currency.” The SEC really doesn’t want the opinion of former SEC chairman William Hinman to be considered at trial. That speech would hurt the commission’s case against Ripple and could move the needle in XRP’s favor. https://read.cash/@cryptocracy/btc-miners-and-crypto-exchanges-a72335b5
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