{"id":495744,"date":"2022-09-24T16:24:14","date_gmt":"2022-09-24T13:24:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/"},"modified":"2022-09-24T16:24:14","modified_gmt":"2022-09-24T13:24:14","slug":"wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/","title":{"rendered":"#Wintermute suffers $160M attack, Kraken CEO departs and US bill aims to ban algo stablecoins: Hodler\u2019s Digest, Sept. 18-24"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2179375c1d6\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2179375c1d6\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#%E2%80%9CWintermute_suffers_160M_attack_Kraken_CEO_departs_and_US_bill_aims_to_ban_algo_stablecoins_Hodlers_Digest_Sept_18-24%E2%80%9D\" >&#8220;Wintermute suffers $160M attack, Kraken CEO departs and US bill aims to ban algo stablecoins: Hodler\u2019s Digest, Sept. 18-24&#8221;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Saving_the_planet_could_be_blockchains_killer_app\" >Saving the planet could be blockchains killer app<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Guide_to_real-life_crypto_OGs_youd_meet_at_a_party_Part_2\" >Guide to real-life crypto OGs you\u2019d meet at a party (Part 2)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Ethereum_is_eating_the_world_You_only_need_one_internet\" >Ethereum is eating the world  You only need one internet<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Insiders_guide_to_real-life_crypto_OGs_Part_1\" >Insiders guide to real-life crypto OGs: Part 1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Crazy_outcomes_when_current_laws_applied_to_NFTs_and_the_metaverse\" >Crazy outcomes when current laws applied to NFTs and the metaverse<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#New_York_judge_orders_Tether_to_document_USDT_backing\" >New York judge orders Tether to document USDT backing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#SEC_lawsuit_claims_jurisdiction_because_ETH_nodes_are_clustered_in_the_US\" >SEC lawsuit claims jurisdiction because ETH nodes are clustered in the US<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#China_accounts_for_84_of_all_blockchain_patent_applications_but_theres_a_catch\" >China accounts for 84% of all blockchain patent applications, but there\u2019s a catch<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Winners_and_Losers\" >Winners and Losers<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Saving_the_planet_could_be_blockchains_killer_app-2\" >Saving the planet could be blockchains killer app<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Guide_to_real-life_crypto_OGs_youd_meet_at_a_party_Part_2-2\" >Guide to real-life crypto OGs you\u2019d meet at a party (Part 2)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Ethereum_is_eating_the_world_You_only_need_one_internet-2\" >Ethereum is eating the world  You only need one internet<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Insiders_guide_to_real-life_crypto_OGs_Part_1-2\" >Insiders guide to real-life crypto OGs: Part 1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Crazy_outcomes_when_current_laws_applied_to_NFTs_and_the_metaverse-2\" >Crazy outcomes when current laws applied to NFTs and the metaverse<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Most_Memorable_Quotations\" >Most Memorable Quotations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Prediction_of_the_Week\" >Prediction of the Week<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#This_Bitcoin_long-term_holder_metric_is_nearing_the_BTC_price_%E2%80%98bottom_zone\" >This Bitcoin long-term holder metric is nearing the BTC price \u2018bottom zone\u2019<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#FUD_of_the_Week\" >FUD of the Week<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#160M_stolen_from_crypto_market_maker_Wintermute\" >$160M stolen from crypto market maker Wintermute<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#BTC_mining_firm_Compute_North_files_for_bankruptcy\" >BTC mining firm Compute North files for bankruptcy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Draft_US_stablecoin_bill_would_ban_new_algo_stablecoins_for_2_years\" >Draft US stablecoin bill would ban new algo stablecoins for 2 years<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Best_Cointelegraph_Features\" >Best Cointelegraph Features<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Saving_the_planet_could_be_blockchains_killer_app-3\" >Saving the planet could be blockchains killer app<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#Toss_in_your_job_and_make_300K_working_for_a_DAO_Heres_how\" >Toss in your job and make $300K working for a DAO? Heres how<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#The_market_isnt_surging_anytime_soon_so_get_used_to_dark_times\" >The market isn\u2019t surging anytime soon  so get used to dark times<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#When_youve_been_in_crypto_long_enough_everything_is_a_chart\" >When youve been in crypto long enough, everything is a chart.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/buradabiliyorum.com\/en\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\/#The_best_of_blockchain_every_Tuesday\" >The best of blockchain, every Tuesday<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CWintermute_suffers_160M_attack_Kraken_CEO_departs_and_US_bill_aims_to_ban_algo_stablecoins_Hodlers_Digest_Sept_18-24%E2%80%9D\"><\/span>&#8220;Wintermute suffers $160M attack, Kraken CEO departs and US bill aims to ban algo stablecoins: Hodler\u2019s Digest, Sept. 18-24&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/IMG_4109.jpg\" class=\"type:primaryImage\"><\/p>\n<pre><code>                The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more \u2014 one week on Cointelegraph in one link!\n                &lt;p style=\"text-align: center\"&gt;&lt;b&gt;&lt;i&gt;Coming every Saturday, &lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt;Hodlers Digest&lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt; will help you track every single important <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> story that h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more  a week on Cointelegraph in one link.&lt;\/i&gt;&lt;\/b&gt;&lt;\/p&gt;&lt;h2&gt;&lt;\/h2&gt;&lt;h2 style=\"text-align: center\"&gt;&lt;b&gt;Top Stories This Week&lt;\/b&gt;&lt;\/h2&gt;&lt;p&gt;\u00a0&lt;\/p&gt;&lt;h4&gt;&lt;b&gt;Krakens Jesse Powell will step down as CEO, stay on as board chair&lt;\/b&gt;&lt;br \/&gt;&lt;b&gt;&lt;\/b&gt;&lt;\/h4&gt;&lt;p&gt;&lt;span style=\"font-weight: 400\"&gt;After more than a decade heading up crypto exchange Kraken as CEO, Jesse Powell has decided to pass the torch to the companys chief operating officer, Dave Ripley. Powell is not done with Kraken, however. He will become chair of the board for the organization. Its just gotten to be more draining on me, less fun, Powell said, as quoted in by Bloomberg. Ripley joined Kraken as chief operating officer in 2016.&lt;\/span&gt;&lt;\/p&gt;&lt;h4&gt;&lt;\/h4&gt;&lt;p&gt;\u00a0&lt;\/p&gt;&lt;h4&gt;&lt;b&gt;&lt;\/b&gt;&lt;b&gt;South Korean ministry recommends enactment of special Metaverse laws&lt;\/b&gt;&lt;br \/&gt;&lt;b&gt;&lt;\/b&gt;&lt;\/h4&gt;&lt;p&gt;&lt;span style=\"font-weight: 400\"&gt;In line with other advances South Korea has taken to embrace the digital world, the country wants to create new laws regarding the Metaverse, according to plans from the Ministry of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/sciencee\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Science\" target=\"_blank\" rel=\"noopener\">Science<\/a> and ICT. The ministry wants proper laws in place for the Metaverse, but thinks its unwise to form-fit current regulations to new <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>. Previous news saw South Korea invest $200 million toward metaverse development in the country. &lt;\/span&gt;\n<\/code><\/pre>\n<p>\u00a0<\/p>\n<div class=\"jeg_postblock_carousel jeg_postblock_carousel_3 jeg_postblock jeg_col_8 jnews_module__0_632f967ede257    \">\n<div class=\"jeg_carousel_post\" data-nav='' data-autoplay='true' data-delay='4500' data-items=\"3\" data-margin='20'>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Sustainable revolution and blockchain\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-sustainable-revolution-and-blockchain-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-sustainable-revolution-and-blockchain-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-sustainable-revolution-and-blockchain-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-sustainable-revolution-and-blockchain-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Saving_the_planet_could_be_blockchains_killer_app\"><\/span>Saving the planet could be blockchains killer app<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 20, 2022<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Crypto OGs\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story2-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story2-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story2-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story2-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Guide_to_real-life_crypto_OGs_youd_meet_at_a_party_Part_2\"><\/span>Guide to real-life crypto OGs you\u2019d meet at a party (Part 2)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 14, 2022<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Ethereum is eating the world - You only need one internet\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/Ethereum-is-eating-the-world-You-only-need-one-internet-copy-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/Ethereum-is-eating-the-world-You-only-need-one-internet-copy-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/Ethereum-is-eating-the-world-You-only-need-one-internet-copy-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/Ethereum-is-eating-the-world-You-only-need-one-internet-copy-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Ethereum_is_eating_the_world_You_only_need_one_internet\"><\/span>Ethereum is eating the world  You only need one internet<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 13, 2022<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Insiders guide to real-life crypto OGs: Part 1\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Insiders_guide_to_real-life_crypto_OGs_Part_1\"><\/span>Insiders guide to real-life crypto OGs: Part 1<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 8, 2022<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Legal absurdities\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/08\/magazine-Crypto-legal-absurdities-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/08\/magazine-Crypto-legal-absurdities-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/08\/magazine-Crypto-legal-absurdities-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/08\/magazine-Crypto-legal-absurdities-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Crazy_outcomes_when_current_laws_applied_to_NFTs_and_the_metaverse\"><\/span>Crazy outcomes when current laws applied to NFTs and the metaverse<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 2, 2022<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div><\/div>\n<\/p><\/div>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"New_York_judge_orders_Tether_to_document_USDT_backing\"><\/span><b>New York judge orders Tether to document USDT backing<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">A New York court has ordered that Tether provide proof that its USDT stablecoin is fully backed. The decision is part of a case involving iFinex, Tethers parent company, which originated in 2019. The case against iFinex alleges that it used the unbacked USDT for crypto market manipulation. Two other U.S. authorities have requested proof of backing on previous occasions, with iFinex reportedly providing sufficient documentation.<\/span><\/p>\n<h4><\/h4>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"SEC_lawsuit_claims_jurisdiction_because_ETH_nodes_are_clustered_in_the_US\"><\/span><b>SEC lawsuit claims jurisdiction because ETH nodes are clustered in the US<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">As part of a case against crypto <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>r Ian Balina, the United States Securities and Exchange Commission (SEC) recently claimed certain jurisdictional rights based on the high number of Ethereum nodes reportedly residing in the U.S. Although crypto is borderless by nature, the SEC, in this case, is trying to claim that transactions occurred within U.S. boundaries, which could bring certain laws into relevance. The claim is part of a broader case against Balina in which the commission alleges a failure of proper registration for a token sale he facilitated.<\/span><\/p>\n<h4><\/h4>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"China_accounts_for_84_of_all_blockchain_patent_applications_but_theres_a_catch\"><\/span><b>China accounts for 84% of all blockchain patent applications, but there\u2019s a catch<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Information from Chinas Ministry of Industry and Information Technology detailed that 84% of the globes blockchain patent applications come from the country. President Xi Jinping stimulated patent activity when, in 2019, he expressed the need for China to focus on blockchain technology. China has only greenlit 19% of submitted blockchain patents, however. <\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><b><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-13594 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/IMG_4110-1024x682.png\" alt=\"\" width=\"1024\" height=\"682\" \/><\/b><\/h2>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Winners_and_Losers\"><\/span><b>Win<\/b><b>ners and Losers<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-13592 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/IMG_4108-1024x826.jpg\" alt=\"\" width=\"1024\" height=\"826\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400\">At the end of the week, Bitcoin <\/span><b>(<\/b><b>BTC<\/b><b>)<\/b><span style=\"font-weight: 400\"> is at <\/span><b>$18,800<\/b><span style=\"font-weight: 400\">, Ether <\/span><b>(<\/b><b>ETH<\/b><b>)<\/b><span style=\"font-weight: 400\"> at <\/span><b>$1,296<\/b><span style=\"font-weight: 400\"> and <\/span><b>XRP<\/b><span style=\"font-weight: 400\"> at <\/span><b>$0.47<\/b><span style=\"font-weight: 400\">. The total market cap is at <\/span><b>$923.34<\/b><span style=\"font-weight: 400\"> billion, <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/\"><span style=\"font-weight: 400\">according<\/span><\/a><span style=\"font-weight: 400\"> to CoinMarketCap.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are XRP <\/span><b>(XRP)<\/b><span style=\"font-weight: 400\"> at 40.98%, Chiliz <\/span><b>(CHZ)<\/b><span style=\"font-weight: 400\"> at 31.63% and Algorand <\/span><b>(ALGO)<\/b><span style=\"font-weight: 400\"> at 29.76%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The top three altcoin losers of the week are Ravencoin <\/span><b>(RVN)<\/b><span style=\"font-weight: 400\"> at -23.49%, Toncoin <\/span><b>(TON)<\/b><span style=\"font-weight: 400\"> at -22.90% and Terra Classic <\/span><b>(LUNC)<\/b><span style=\"font-weight: 400\"> at -16.59%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For more info on crypto prices, make sure to read Cointelegraphs market analysis.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div class=\"jeg_postblock_carousel jeg_postblock_carousel_3 jeg_postblock jeg_col_8 jnews_module__1_632f967ef07ce    \">\n<div class=\"jeg_carousel_post\" data-nav='' data-autoplay='true' data-delay='4500' data-items=\"3\" data-margin='20'>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Sustainable revolution and blockchain\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-sustainable-revolution-and-blockchain-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-sustainable-revolution-and-blockchain-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-sustainable-revolution-and-blockchain-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-sustainable-revolution-and-blockchain-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Saving_the_planet_could_be_blockchains_killer_app-2\"><\/span>Saving the planet could be blockchains killer app<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 20, 2022<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Crypto OGs\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story2-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story2-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story2-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story2-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Guide_to_real-life_crypto_OGs_youd_meet_at_a_party_Part_2-2\"><\/span>Guide to real-life crypto OGs you\u2019d meet at a party (Part 2)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 14, 2022<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Ethereum is eating the world - You only need one internet\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/Ethereum-is-eating-the-world-You-only-need-one-internet-copy-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/Ethereum-is-eating-the-world-You-only-need-one-internet-copy-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/Ethereum-is-eating-the-world-You-only-need-one-internet-copy-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/Ethereum-is-eating-the-world-You-only-need-one-internet-copy-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Ethereum_is_eating_the_world_You_only_need_one_internet-2\"><\/span>Ethereum is eating the world  You only need one internet<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 13, 2022<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Insiders guide to real-life crypto OGs: Part 1\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/magazine-Crypto-OGs-story-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Insiders_guide_to_real-life_crypto_OGs_Part_1-2\"><\/span>Insiders guide to real-life crypto OGs: Part 1<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 8, 2022<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Legal absurdities\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/08\/magazine-Crypto-legal-absurdities-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/08\/magazine-Crypto-legal-absurdities-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/08\/magazine-Crypto-legal-absurdities-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/08\/magazine-Crypto-legal-absurdities-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Crazy_outcomes_when_current_laws_applied_to_NFTs_and_the_metaverse-2\"><\/span>Crazy outcomes when current laws applied to NFTs and the metaverse<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 2, 2022<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div><\/div>\n<\/p><\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Most_Memorable_Quotations\"><\/span><b>Most Memorable Quotations<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Regulation is always a concern, but BTC is regulated.<\/span><\/p>\n<\/blockquote>\n<p><b>Jamie Coutts<\/b><b>, crypto market analyst for Bloomberg Intelligence<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p>How does a DAO really own the IP [intellectual property] of the protocol it is supposed to govern?<\/p>\n<\/blockquote>\n<p><b>David Kappos<\/b><b>, partner at Cravath, Swaine &amp; Moore LLP<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">The government in India definitely doesnt want crypto anymore. [\u2026] The government is outright saying, We like blockchain but we dont like cryptocurrency, but its kind of ridiculous.<\/span><\/p>\n<\/blockquote>\n<p><b>Anshul Rustaggi<\/b><b>, CEO and founder of Totality Corp<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Sharding is indeed one of the most effective and universal ways to solve the so-called \u2018scalability trilemma.\u2019<\/span><\/p>\n<\/blockquote>\n<p><b>Martin Hiesboeck<\/b><b>, head of research for Uphold<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">The concern is that if the Fed tightens too much, the U.S. economy may actually go into a severe recession.<\/span><\/p>\n<\/blockquote>\n<p><b>CK Zheng<\/b><b>, former global head of valuation risk for Credit Suisse<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Cryptocurrencies are volatile, but no middlemen are taking a hefty commission or scrutinizing your transactions.<\/span><\/p>\n<\/blockquote>\n<p><b>Alan Austin<\/b><b>, managing director for the Litecoin Foundation<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Theres an outside chance we find a way to get to consensus on a stablecoin bill this year.<\/span><\/p>\n<\/blockquote>\n<p><b>Warren Davidson<\/b><b>, U.S. congressman<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">People are getting more cautious in the space and are not sure how to interact with Tornado Cash, weve seen deposits into services providing similar activity go down at least temporarily, because people are measuring like, What does this mean for me?<\/span><\/p>\n<\/blockquote>\n<p><b>Jacob Illum<\/b><b>, chief scientist at Chainalysis<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Im a major skeptic on crypto tokens, which you call currency, like Bitcoin. They are decentralized Ponzi schemes.<\/span><\/p>\n<\/blockquote>\n<p><b>Jamie Dimon<\/b><b>, CEO of JPMorgan<\/b><\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Prediction_of_the_Week\"><\/span><b>Prediction of the Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"This_Bitcoin_long-term_holder_metric_is_nearing_the_BTC_price_%E2%80%98bottom_zone\"><\/span><b>This Bitcoin long-term holder metric is nearing the BTC price \u2018bottom zone\u2019<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Bitcoin largely traded between $18,000 and $20,000 this week, according to Cointelegraphs BTC price index. The number of Bitcoin long-term holders (LTHs) in the red currently lines up with previous bear market bottoms, suggesting that the digital asset may be in the process of bottoming out. Of Bitcoins long-term hodlers, about 30% sat in losses as of Sept. 22. Bitcoins 2020 and 2018 bottoms occurred when the percentage of LTHs in the red hit around 35% and 32%, respectively. A drop to between $10,000 and $14,000 could cause the LTH loss percentage to line up with previous bear markets.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"FUD_of_the_Week\"><\/span><b>FUD of the Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h4><b><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-13595 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/IMG_4111-1024x682.png\" alt=\"\" width=\"1024\" height=\"682\" \/><\/b><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"160M_stolen_from_crypto_market_maker_Wintermute\"><\/span><b>$160M stolen from crypto market maker Wintermute<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Decentralized finance operations under United Kingdom-based company Wintermute suffered an attack that cost the firm roughly $160 million. Wintermute CEO Evgeny Gaevoy noted the company has enough funds to withstand the loss without affecting customers. Gaevoy expressed willingness to classify the event as a white-hat hack  but only if the violator comes forward. <\/span><span style=\"font-weight: 400\">Later reporting showed<\/span><span style=\"font-weight: 400\"> the attack was not a smart contract exploit as originally thought, but instead a private key issue, according to blockchain security firm CertiK.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"BTC_mining_firm_Compute_North_files_for_bankruptcy\"><\/span><b><\/b><b>BTC mining firm Compute North files for bankruptcy<\/b><br \/><b><\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Filing for Chapter 11 bankruptcy in Texas, Bitcoin mining hosting company Compute North is one of the latest crypto bear market casualties. However, the price of energy also weighed on the firm. The company reportedly has between $100 million and $500 million worth of assets, although its debts total roughly $500 million. Compute North partners Marathon Digital and Compass Mining should not see negative effects from the bankruptcy filing, according to comments from both companies, but additional updates may follow.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Draft_US_stablecoin_bill_would_ban_new_algo_stablecoins_for_2_years\"><\/span><b>Draft US stablecoin bill would ban new algo stablecoins for 2 years<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Bloomberg got its hands on a draft of a U.S. government bill that reportedly aims to prohibit new algorithmic stablecoin creation for two years. The text seemingly seeks to enforce a ban on new stablecoins that derive their pegs from other associated digital assets from the same creator, where redemptions can occur for a fixed price. Stablecoins currently fitting the bills description would have two years to alter their models.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Best_Cointelegraph_Features\"><\/span><b>Best Cointelegraph Features<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><b><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-13596 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/IMG_4112-1024x682.png\" alt=\"\" width=\"1024\" height=\"682\" \/><\/b><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"Saving_the_planet_could_be_blockchains_killer_app-3\"><\/span><b>Saving the planet could be blockchains killer app<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Putting Paris Agreement carbon markets on Ethereum and connecting the national carbon accounts of the world, is blockchains killer app.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Toss_in_your_job_and_make_300K_working_for_a_DAO_Heres_how\"><\/span><b>Toss in your job and make $300K working for a DAO? Heres how<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The collaboration-maxi nature was a welcome breath of fresh air.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_market_isnt_surging_anytime_soon_so_get_used_to_dark_times\"><\/span><b>The market isn\u2019t surging anytime soon  so get used to dark times<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Global economic conditions suggest that markets  including the cryptocurrency market  have further downside ahead. Dont bank on a surge to new all-time highs in the months ahead.<\/p>\n<p>\u00a0<\/p>\n<blockquote>\n<h3><span class=\"ez-toc-section\" id=\"When_youve_been_in_crypto_long_enough_everything_is_a_chart\"><\/span><strong>When youve been in crypto long enough, everything is a chart.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/blockquote>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-13584 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/Coffee-1-1024x682.jpg\" alt=\"\" width=\"1024\" height=\"682\" \/><\/p>\n<div id=\"mc4wp-form-1\" class=\"mc4wp-form mc4wp-form-5517 mc4wp-ajax\" data-id=\"5517\" data-name=\"JNEWS style form\">\n<div class=\"mc4wp-form-fields\">\n<div class=\"jeg_mc4wp_heading\">\n<h3><span class=\"ez-toc-section\" id=\"The_best_of_blockchain_every_Tuesday\"><\/span>The best of blockchain, every Tuesday<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Subscribe for thoughtful explorations and leisurely reads from Magazine.<\/p>\n<\/div>\n<div role=\"form\" class=\"wpcf7\" id=\"wpcf7-f13445-o1\" lang=\"en-US\" dir=\"ltr\">\n<div class=\"screen-reader-response\"><\/div>\n<div><\/div>\n<fieldset class=\"form-group\">    <span class=\"wpcf7-form-control-wrap your-email\"><\/span><br \/><\/fieldset>\n<p><button class=\"subscribe__btn btn btn-white\">SUBSCRIBE<\/button><\/p>\n<div class=\"wpcf7-response-output wpcf7-display-none\"><\/div>\n<\/div>\n<p> By subscribing you agree to our Terms of Service and Privacy Policy<\/div>\n<div class=\"mc4wp-response\"><\/div>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/magazine\/2022\/09\/24\/wintermute-suffers-160m-attack-kraken-ceo-departs-and-us-bill-aims-to-ban-algo-stablecoins-hodlers-digest-sept-18-24\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Wintermute suffers $160M attack, Kraken CEO departs and US bill aims to ban algo stablecoins: Hodler\u2019s Digest, Sept. 18-24&#8221; The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more \u2014 one week on Cointelegraph in one link! &lt;p style=&#8221;text-align: center&#8221;&gt;&lt;b&gt;&lt;i&gt;Coming every Saturday, &lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt;Hodlers Digest&lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt; will help you track every single&#8230;<\/p>\n","protected":false},"author":1,"featured_media":495745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2022\/09\/IMG_4109.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-495744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/495744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=495744"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/495744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/495745"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=495744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=495744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=495744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}