Tesla’s Bitcoin bump; Zipmex freezes withdrawals
Bitcoin drops after Tesla sells 75% of its bitcoin holdings. Meanwhile, South Korean authorities raid 15 companies as part of their Terra Luna investigations.
Welcome to The Daily Forkast – July 21, 2022 – presented by Joel Flynn.
Coming up on today’s show:
Bitcoin slips after Tesla announcement, but analyst says we could have seen the bottom.
Meanwhile, Crypto trading volumes in India recover.
Polygon’s ZK solution aims to slash current layer-1 Ethereum network costs by 90%.
Over in Southeast Asia, Singapore-based Zipmex freezes withdrawals.
Staying in Singapore, documents reveal Vauld owes retail customers US$363 million.
And in South Korea, prosecutors raid 15 companies as part of Terra-LUNA investigation.
Former Celsius employees say issues started years before bankruptcy filing.
And finally, the UK pushes ahead with stablecoin rules.
We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast July 21st.