Yet Another Crypto Hack: Solana Wallets Faces On-Going Attack as Millions worth of SOL and USDC is Drained from User Wallets

2022 has certainly not been a favourable year for the Solana ecosystem. While the crypto space is facing a bear market the last thing the space needs is another crypto hack.

The Solana ecosystem has been the target of various attacks leading to the loss of over a billion dollars.

At the time of writing, Solana was trending on all social media platforms following an ongoing SOL attack.

https://decentradecoded.com/crypto-hack/?feed_id=195&_unique_id=63038487e7b3b

The Australia crypto adoption strategy makes it possible for gasoline to be paid for in cryptocurrency across 175 locations

On The Run (OTR) service stations across Australia can now accept cryptocurrencies such as Bitcoin (BTC) as payment.

This is confirmed in an official blog post by Crypto.com, which is one of the three major players in this partnership agreement.

https://decentradecoded.com/australia-crypto-adoption/?feed_id=200&_unique_id=6304d02f64e15

Ripple and Travelex Bank launch crypto-enabled enterprise payments in Brazil: Fantastic news for crypto adoption

With the rollout of Ripple’s fast and cheap On-Demand Liquidity (ODL) payment services, enterprises will no longer have to wait for three to five business days to settle costly transactions. 

On Thursday, 18th August 2022, digital payment network Ripple announced that its native token XRP will now be used to facilitate fast and cost-effective cross-border transactions in Brazil. 

https://decentradecoded.com/ripple-and-travelex-bank/?feed_id=203&_unique_id=63051d0a5e0f1

EOS rebrand in an attempt to separate from Block.one: EOS prices surge 24%, the largest gain in 15 months.
The proof-of-stake blockchain, EOS, revealed its new branding on Wednesday, 17 August 2022, as the project moves to distance itself from the previous developer, Block.one.

According to a Wednesday tweet from the EOS Network Foundation, the long-awaited EOS rebrand was imminent and scheduled for 16:00 UTC Wednesday, 17 August 2022. 

https://decentradecoded.com/eos-rebrand/?feed_id=206&_unique_id=6306210c98bb3

Madrid and Barcelona Metaverse: Spanish Football Biggest Rivals File a Joint Trademark Application for Crypto and Metaverse

Real Madrid and Barcelona FC Metaverse dreams will soon become reality.

On August 11, 2022, Barcelona FC and Real Madrid football clubs jointly filed a U.S. Patent and Trademark Office application for Web3 and metaverse trademarks.

https://decentradecoded.com/real-madrid-and-barcelona-metaverse/?feed_id=209&_unique_id=63066a3f539eb

Crackdown on Crypto Mixer Tornado Cash, and why Kevin O'Leary believes sacrificing it is worthwhile for institutional crypto adoption.

The crypto community has witnessed the downfall of one of the most innovative and successful crypto projects in the space – Tornado Cash. 

Tornado Cash was undoubtedly one of the best platforms to perform anonymous transactions.

As such, it became a hotbed for hackers, illegal funds and other money laundering activities, resulting in the U.S. Treasury imposing sanctions on the platform.

https://decentradecoded.com/tornado-cash/?feed_id=212&_unique_id=630772810c357

The Ethereum Triple Halving Explained: How the Ethereum merge will reduce the Ethereum blockchain's energy consumption by 99 per cent

The Ethereum triple halving date is close. This is after the Ethereum Goerli testnet successfully merged on 10th August 2022 at around 1:45 AM UTC.
That was the last test before The long-awaited merge. ETH was up 13% over 24 hours leading up to the test Merge and was trading at $­­­­1,907 at the time.

Ethereum has had to pass three phases of tests and trials in order to be considered ready for a merge to the Ethereum mainnet.

https://decentradecoded.com/ethereum-triple-halving/?feed_id=215&_unique_id=6307b8cba2317

BlackRock Private Bitcoin Trust on the Horizon: BTC may be on the verge of a trillion-dollar boost

BlackRock, the world's largest asset manager with over $10 trillion worth of assets under its management, recently joined the digital asset space after launching its first-ever spot private Bitcoin trust. 

According to a blog post on the company's website, the trust will only be available to U.S-based institutional investors, and it'll seek to track the performance of Bitcoin, less expenses, and liabilities of the trust.

https://decentradecoded.com/private-bitcoin-trust/?feed_id=218&_unique_id=6308c83f2dce2

Ethereum Goerli Success: Fantastic News for Ethereum as the ultimate and final proof-of-stake test merge passes on Goerli

The Ethereum Foundation has at long last, completed the third and final test merge on the Goerli test network.

After several years of delay, it seems that the transition is really, truly at hand, the day that Ethereum slips out of proof-of-work (PoW) and into proof-of-stake (PoS).

https://decentradecoded.com/ethereum-goerli-success/?feed_id=219&_unique_id=63090f1652ff1

Crypto adoption in Iran: Iran achieves its very first crypto-based import transaction worth millions

Crypto adoption in Iran has achieved yet another milestone.  The country has just registered its first-ever transaction of imported goods that is worth $10 million, paid wholly in cryptocurrency.

This vital information was officially disclosed by the local news outlet Tasnim agency.

The brief report points to a personal tweet by Alireza Peyman-Pak, Vice President of Iran’s Ministry of Industry, Mine, and Trade and President of Iran Trade Promotion Organization. 

https://decentradecoded.com/crypto-adoption-in-iran/?feed_id=222&_unique_id=630a158039860

Binance and MasterCard launch prepaid crypto-to-fiat cards in Argentina

Binance and MasterCard two of the largest players in the world's financial sectors have partnered to launch a prepaid card in Argentina. 

In a Thursday announcement (4 August 2022), Binance mentioned that it would be expanding its Prepaid card to the South American country.

Although the card is still in beta, Binance assured its Argentina users that it'd be accessible soon.

https://decentradecoded.com/binance-and-mastercard/?feed_id=223&_unique_id=630a634d71d81

Japan revives its crypto ATM stations again, after years of hiatus

Gaia Co. Ltd, a crypto exchange firm in Japan, unveiled in an official press release that it will be installing crypto ATM across the country (“BTMs”).

At least according to one of Japan’s primary newspaper sources, this move will be the very first time that a local (crypto) company would install and manage crypto ATMs.

https://decentradecoded.com/crypto-atm-stations/?feed_id=226&_unique_id=630b69f3a1fcc