Crypto News Daily – Aug 10, 2022

Last Updated on August 10, 2022

Reddit is forging ahead with blockchain adoption push with FTX partnership;
https://cryptoslate.com/reddit-is-forging-ahead-with-blockchain-adoption-push-with-ftx-partnership/

Circle’s USDC Will Not Support an Ethereum Proof-of-Work Fork:
https://decrypt.co/107094/circle-will-not-support-ethereum-proof-work-fork

Tether Announces Support for Ethereum Proof of Stake Transition:
https://cryptopotato.com/tether-announces-support-for-ethereum-proof-of-stake-transition/

Crypto Exchange CoinFLEX Plans $84M Restructuring in Seychelles:
https://decrypt.co/107138/crypto-exchange-coinflex-plans-84m-restructuring-seychelles

ErgoDEX rebrands to Spectrum in anticipation of Cardano mainnet release:
https://cryptoslate.com/ergodex-rebrands-to-spectrum-in-anticipation-of-cardano-mainnet-release/

5 New Crypto Currencies That Whales Are Accumulating Now:
https://bitcoinist.com/5-new-cryptocurrency-crypto-whales-are-accumulating-2022/

Shariah-Compliant Islamic Coin Raises $200m, Beating All Records in 2022:
https://www.newsbtc.com/news/company/shariah-compliant-islamic-coin-raises-200m-beating-all-records-in-2022/