Press Release

News Recap – Celsius and 3AC Lead a Brutal Week in the Crypto Markets – June 10 – June 17, 2022



The Unchained daily news recap and additional links can be found on the unchainedpodcast.com website:
https://unchainedpodcast.com/category/newsletters/

Topics:

BlockFi Liquidates 3AC, as Contagion Spreads to Finblox
https://www.ft.com/content/126d8b02-f06a-4fd9-a57b-9f4ceab3de71

Coinbase Reduces Its Workforce by 18%
https://blog.coinbase.com/a-message-from-coinbase-ceo-and-cofounder-brian-armstrong-578d76eedb12

The Last Time Prices Were This Low…
https://fortune.com/2022/06/13/crypto-market-cap-below-1-trillion-bitcoin-extreme-fear-inflation/#:~:text=For%20the%20first%20time%20since,more%20red%2Dhot%20inflation%20data

Kraken CEO Gets Political, Invites Unhappy Employees to Leave

The SEC Is Investigating Insider Trading at Crypto Exchanges
https://www.foxbusiness.com/markets/sec-inquiry-gensler-bitcoin-crypto-exchanges

Coin Center Is Suing the IRS. Here’s Why.
https://www.coindesk.com/policy/2022/06/11/coin-center-sues-us-treasury-over-unconstitional-tax-reporting-rule/

Major Wallets Patch Vulnerability Before Anything Goes Wrong
https://www.coindesk.com/tech/2022/06/15/metamask-phantom-and-other-browser-wallets-patch-security-vulnerability/

Web2 + Web3 = Web5
https://docs.google.com/presentation/u/2/d/1SaHGyY9TjPg4a0VNLCsfchoVG1yU3ffTDsPRcU99H1E/edit#slide=id.g11b904107df_0_1

Terra Clone USDD Is Struggling
https://www.theblock.co/post/151872/tron-usdd-stablecoin-breaks-dollar-peg

A New Stablecoin Enters the Market
https://www.prnewswire.com/news-releases/circle-announces-a-fully-reserved-euro-backed-stablecoin-euro-coin-euroc-301569124.html

If You’re Down Bad, This TG Chat Is for You
https://decrypt.co/102911/theres-a-telegram-for-people-to-scream-over-the-bitcoin-crash

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