Negotiations with miners and FTX payments. Highlights of the week
Cryptocurrency lender BlockFi sued for bankruptcy, hackers stole $3.37 billion worth of cryptocurrency since the beginning of the year, Sberbank blockchain platform will be compatible with Ethereum ecosystem, and other events of last week
Monday
Cryptocurrency lender BlockFi goes to court over threat of bankruptcy
The blockchain platform BlockFi and eight related companies have initiated protection proceedings against creditors under Chapter 11 of the U.S. Bankruptcy Code. The filing follows the collapse of the FTX exchange, which also filed for bankruptcy
Bitcoin miners' revenue fell to its lowest in two years
The processing power of the equipment mining the first cryptocurrency has also begun to decline. The network's hash rate fell by 13% in a month
The number of cryptocurrency wallets of "millionaires" has dropped by 80% in a year
Currently, there are only about 23 thousand addresses with BTC balances of at least $1 million
Tuesday
FTX resumed paying salaries to employees
The group, which is going through bankruptcy proceedings, will also make payments to some vendors whose services are needed to keep business operations running
Kraken agreed to pay regulator $362,000 for sanctions violation
As part of a settlement with OFAC over rule violations, the platform is also investing an additional $100k in staff training and new measures to monitor compliance with restrictions
Head of RSPP advocated accelerated introduction of digital ruble
Wednesday
Animoca Brands begins raising $2 billion to invest in meta-universes
The Hong Kong-based company intends to create an Animoca Capital fund that will focus not on supporting new startups, but on mid- to late-stage projects
Sber's blockchain platform will be compatible with the Ethereum ecosystem
Developers will be able to transfer smart contracts and entire projects between the bank's network and other open networks
Maersk and IBM will discontinue their blockchain project TradeLens
The logistics giant will close the platform because it hasn't reached commercial viability in the 4 years since it was created
Thursday
India begins piloting digital rupee in four cities
The electronic form of India's national currency will primarily be used for retail transactions, and the results of the experiment are planned to be used to further promote the digital rupee
Sotheby's sold 10 rare NFT penguins for $129,000.
Despite the bear market, the auction house is still actively bidding on digital art objects
Hackers have stolen $3.37 billion worth of cryptocurrency since the beginning of the year
In November alone, there were 29 hacks that stole $391 million in digital assets from crypto platforms
Friday
Russian authorities held talks with major miners
FTX Japan announced plans to resume withdrawals
The assets of Japanese clients will not be related to the group's bankruptcy proceedings in the U.S.
