Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. Ethereum announces Merge details</h2>The Ethereum Foundation disclosed that the Bellatrix upgrade will activate on the Beacon Chain on Sept. 6.This upgrade is responsible for kicking off the final stages leading up to the Merge, transitioning Ethereum to proof-of-stake.The Merge itself will be completed at some point between September 10-20.Source: <a href="https://www.coindesk.com/tech/2022/08/24/ethereum-merge-has-an-official-kick-off-date/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-1">#2. Liquidators to inspect 3AC’s assets in Singapore</h2>The Singapore High Court has approved a probe against Three Arrows Capital (3AC).Teneo, an advisory firm appointed to liquidate 3AC, can now probe the fund&#39;s bank accounts, real estate, and crypto holdings held in Singapore.Teneo’s job is to eventually liquidate the firm’s remaining assets to repay creditors. So far, it has managed to seize about $40 million of assets out of $2.8 billion creditors claim they’re owed.Source: <a href="https://cryptobriefing.com/singapore-allows-three-arrows-capital-liquidators-probe-defunct-fund-report/" rel="noopener noreferrer nofollow">Crypto Briefing</a><h2 id="header-2">#3. Hodlnaut hits snag in recovery plan</h2>The Singapore Police Force issued a transfer order to Hodlnaut to surrender $127 million of stablecoins from an account belonging to Samtrade Custodian.While the order was part of a larger case not involving Hodlnaut, Hodlnaut said it may have “no assets left” to carry out its recovery plan if it complies.On July 27, the firm then applied for judicial review in an attempt to quash the order.Source: <a href="https://cryptobriefing.com/hodlnaut-could-collapse-if-it-complies-with-singaporean-police/" rel="noopener noreferrer nofollow">Crypto Briefing</a><h2 id="header-3">#4. Over $100M in NFTs stolen in the last year</h2>Blockchain analysis firm Elliptic reported that over $100 million in NFTs have been stolen between July 2021 to July 2022.Attack methods include phishing messages sent to members of compromised social media platforms, phishing emails and malicious websites.The bulk of NFTs lost to scams include Bored Apes, Mutant Apes, Azuki, Otherside, and CloneX.Source: <a href="https://decrypt.co/108186/cybercriminals-stole-over-100-million-in-nfts-elliptic" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-4">#5. Tether will not bar Tornado Cash addresses for now</h2>Stablecoin issuer Tether will not bar Tornado Cash addresses as it has not yet been contacted by U.S. authorities or law enforcement.“Unilaterally freezing secondary market addresses could be a highly disruptive and reckless move by Tether,” said the company.Notably, stablecoin issuer of USDC, Circle, blacklisted Tornado Cash smart contracts within hours of the sanctioning.Source: <a href="https://www.coindesk.com/business/2022/08/24/tether-sticks-to-decision-not-to-bar-tornado-cash-addresses/" rel="noopener noreferrer nofollow">CoinDesk</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: Ethereum announces Merge details, Tether will not bar Tornado Cash addresses

Table of Contents

APX

Other articles published on Aug 25, 2022

【Proposal-03】DAO adds APX unlock function

[SPECIAL EVENT] Share Your Battle - Earn up to $2000 Reward Pool in the Open Beta Game

JOIN US NOW TO GET 2 FREE PET

WILL NFTS REPLACE MONEY IN THE COMING FUTURE?

Top Cryptocurrency News: Valour’s Binance Coin ETP to Start Trading on Germany’s Largest Stock Ex...

We’ve Just Updated “Gameplay & Policy” On Whitepaper!

Join our free newsletter for daily crypto updates!