Electric car manufacturer holds $218 million worth of Bitcoin, Binance delegates 13M tokens to Uniswap DAO and more: Crypto News

Introduction 

The amount of Bitcoin that Tesla owns has not changed since the second quarter of 2022. according to documentation made available by the maker of electric vehicles before its investor conference call for the third quarter.

Elon Musk’s Tesla holds $218M in Bitcoin

Tesla says it still has $218 million in Bitcoin in its report that was made public on Wednesday. Tesla reported in July that it had sold $75% of its holdings in Bitcoin, which were worth $936 million at the time. Following the sale, Tesla revealed that as of the end of June, it still had $222 million in “digital assets” on its balance sheet. In its report, which was made public on Wednesday, Tesla still claims to have $218 million in Bitcoin. In July, Tesla announced that it had sold 75% of its Bitcoin assets. These were valued at $936 million at the time. Tesla disclosed after the sale that its balance of “digital assets” as of the end of June was $222 million.

Binance overtakes Coinbase as the second-largest shareholder in Uniswap DAO

The second-biggest voting member is Binance, the largest bitcoin trading exchange by volume. The decentralised exchange Uniswap DAO was the subject of this. It did this after transferring 13 million tokens from its book. According to the on-chain list of delegates, the venture capital firm Andreessen Horowitz, or a16z, is ahead of Binance with 5.9% of the voting power. The tokens that Binance has delegated constitute around 1.3% of the total supply of UNI.

Starting on November 3, Tether will be accessible in over 24,000 ATMs throughout Brazil

A stablecoin supplier named Tether informed on Thursday that starting on November 3. As a result, over 24,000 ATMs in Brazil would begin to accept USDT tokens. A survey conducted in January 2021 by the Instituto Locomotiva found that 34 million Brazilians still do not have or rarely use a bank account. Tether said that Smartpay should incorporate USDT into its offerings. Thanks to this, millions of people will have access to the digital currency ecosystem and the coming financial revolution.