Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. Ethereum’s final testnet merge goes live</h2>Goerli, the third and final testnet Ethereum merge, has successfully been completed.The two previous testnet merges, Ropsten and Sepolia, were largely successful as well, boosting confidence in the community.The mainnet Merge is expected to occur at the end of September.Source: <a href="https://www.coindesk.com/tech/2022/08/11/ethereums-third-and-final-testnet-merge-goes-live-on-goerli/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-1">#2. Tether, Circle support PoS Ethereum</h2>Tether and Circle will only support assets on Ethereum’s new Proof-of-Stake chain after the Merge.Tether said the Merge shouldn’t be “weaponized” against the Ethereum community, while Circle said that only a “single valid ‘version’”of USDC could possibly exist.Some of Ethereum’s miners are planning to fork Ethereum to keep a Proof-of-Work version running.Source: <a href="https://cryptobriefing.com/tether-circle-pledge-support-for-proof-of-stake-ethereum/" rel="noopener noreferrer nofollow">Crypto Briefing</a><h2 id="header-2">#3. Curve.Finance gets hacked</h2>Hackers stole about $570k from Curve.Finance on Tuesday.Shortly after that announcement, Curve.Finance said that they found the source of the problem and fixed it.The suspected hacker may have changed the domain name system (DNS) entry for the protocol, forwarding users to a fake clone and approving a malicious contract.Source: <a href="https://www.coindesk.com/business/2022/08/09/defi-protocol-curvefinance-hacked-570k-stolen/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-3">#4. RenBridge used to launder $540M</h2>Blockchain analytics provider Elliptic alleged that cross-chain bridge RenBridge has been used to launder stolen crypto assets.It claimed that RenBridge facilitated the laundering of at least $540 million in proceeds of crime since 2020 through a process known as chain hopping.Chain hopping is converting one form of cryptocurrency into another and moving it across multiple blockchains.Source: <a href="https://cointelegraph.com/news/cross-chain-bridge-renbridge-laundered-540m-in-hacking-proceeds-elliptic" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-4">#5. Ripple may buy Celsius</h2>Ripple Labs, the company behind XRP, may purchase assets belonging to insolvent Celsius.A company spokesperson said Ripple is “interested in learning about Celsius and its assets, and whether any could be relevant to our business.” CEL, the native utility token of Celsius, rose 23% following the news.Celsius had filed for bankruptcy in July.Source: <a href="https://decrypt.co/107183/ripple-considers-buying-bankrupt-crypto-lender-celsius-assets" rel="noopener noreferrer nofollow">Decrypt</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/newscryptowndl" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a>

Crypto News of the Day: RenBridge used to launder $540M, Ethereum’s final testnet merge completed

Table of Contents

APX

Other articles published on Aug 11, 2022

【9D NFT】NEW VERSION - RISE OF LEGENDS

Call for Beta Testers: Falkor Beta Release

How To Earn on Biswap Farms?

Our Roadmap

Biswap Fixed Staking | Biswap x Binance Initiatives

ISLAMICOIN launches the first Crypto Wallet in the world with a Recovery Wallet service

Join our free newsletter for daily crypto updates!