Electric car market Tesla (TSLA) has sold $936 million worth of Bitcoin, equivalent to 75% of its holdings, in the second quarter of the year to maximize its cash position “given the uncertainty of the COVD lockdowns in China.”
Polygon has announced the launch of Polygon zkEVM (zero-knowledge Ethereum Virtual Machine), which it said to be the first Ethereum-compatible scaling solution using zero-knowledge proofs.
Southeast Asian cryptocurrency exchange Zipmex has halted withdrawals until further notice over a “combination of circumstances” that include “volatile market conditions, and the resulting financial difficulties” of its key business partners.
Top stories in the Crypto Roundup today:
- Tesla Sold $936 Million of Bitcoin in Q2, Remains Open to Buying More
- Polygon Launches New Scaling Solution
- Crypto Exchange Zipmex Halts Withdrawals
- Chart of the Week: Order Book Activity After CPI Announcement