Daily Crypto News

1. Someone Is Trolling Celebs by Sending ETH From Tornado Cash — An anonymous user sent a slew of Tornado Cash transactions to high-profile Ethereum addresses on Tuesday in what appears to be a troll implicating them in a potential regulatory mess. Affected wallets include those controlled by Coinbase CEO Brian Armstrong, TV host Jimmy Fallon, clothing brand Puma and a wallet created for donations to Ukraine, according to Etherscan. Prominent crypto figures such as artist Beeple and more mainstream celebrities such as comedian Dave Chappelle received ether (ETH).
2. Largest cryptocurrencies drop on Uniswap, Bitcoin Cash decreases — All of the largest cryptocurrencies were down during morning trading on Tuesday, with Uniswap (UNIUSD) seeing the biggest move, tumbling 7.95% to $8.25. Bitcoin Cash (BCHUSD) fell 7.02% to $135.
3. Celsius CEO Cashed in After Bankrupt Crypto Lender’s Token Surged — While a group of traders has been busy pumping the bankrupt crypto lender Celsius Network’s CEL token in a short squeeze, founder and CEO Alex Mashinsky cashed out some of his CEL token holdings, which have multiplied in value even as his company struggles.
4. Naver’s Zepeto metaverse starts blockchain initiative with Solana — South Korean metaverse platform Zepeto has teamed with Solana and Web 3.0 developer Jump Crypto to construct ZepetoX, a cryptocurrency-based metaverse project, according to a press release.
5. Reddit teams up with FTX to innovate community points — Reddit has partnered with cryptocurrency exchange FTX to integrate the social network’s Community Points feature with FTX Pay to allow Reddit users to buy Ether on the app.
6. At ETHSeoul, Ethereum Developers Turn Attention to Privacy and Users — Ethereum developers turned their attention to privacy solutions, scalability and enhanced user-friendliness as the bunch gathered at a swanky building in Seoul’s Gangnam business district for ETHSeoul 2022, a technical conference focused on the second-largest blockchain.
7. Iran pays US$10 mln import order with crypto for 1st time — Iran has made the country’s first cryptocurrency payment with a US$10 million import order this week, which could be an option for the country to bypass broad trade embargoes, according to a media report.
8. Bitcoin falls as crypto market loses steam, equities dip ahead of inflation data — Bitcoin and Ethereum fell as most of the top 10 cryptocurrencies gave up ground made earlier in the week. BNB was the exception, posting a slight gain to round out a 15% price increase in the past seven days.
9. Coinbase Posts Steep Second-Quarter Loss Amid Crypto Meltdown — The largest U.S. crypto exchange posted its second consecutive quarter of losses, hurt by sharp loss in trading fees.
10. Troubles in Cryptoland? Not at Korea’s Muted Mega-Blockchain Week — The speeches and panels at Korea Blockchain Week ended Tuesday afternoon. The mega event has been a welcome return to personal interaction but proven to be short on drama even as crypto in South Korea reaches an inflection point.

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