Daily Crypto Report

"OP slides on unannounced $450M move." August 18, 2022

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Today’s blockchain and cryptocurrency news

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Bitcoin is down .5% at $23,481

Ethereum is down slightly at $1860
and Binance Coin down .5% at $308

Paradigm is leading a $20M round for Tessera

OP moved $450M with no announcement and saw their token flash crash in response.

US DOJ extradites alleged money launderer from the Netherlands

HUSD slips peg

Robinhood decreases acquisition offer for Ziglu

Links:

  • Alleged Russian Money Launderer Extradited from the Netherlands to U.S. | OPA | Department of Justice
  • Robinhood more than halves acquisition offer for UK fintech Ziglu
  • Optimism (✨🔴_🔴✨) on Twitter: "We're seeing some confusion about recent transfers of OP out of a multisig. This is expected—today we executed a series of planned standard transfers to the Coinbase Custody wallets of various investors in OP Labs PBC." / Twitter
  • Fractional raises $20 million to simplify joint NFT ownership, rebrands as Tessera | Fortune
  • Cash-Backed HUSD Stablecoin Loses Peg, Drops to $0.92

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