New US history Created

Author

Rohit Tangri
August 28, 2022

Let me squeeze out last week's crypto news for you in 30 seconds... 

First time in the entire US history...

Tornado Cash (a crypto exchange) - which is basically a code - has been sanctioned instead of a person or an organization.

This code - was used to launder over $7 Billion since 2019.

Mastercard is teaming up with Binance

Over a 100 Million mastercard users can pay crypto at 90+ million stores across the world.

Soon you can buy milk, weed and bong using your crypto in your Mastercard.

This company grew 1000% in 1 just year

FTX’s (a crypto exchange) *quite shockingly* jumped from the revenue of $97M in 2020 to $1.2B in 2021.

That’s a 1000% revenue jump in just 1 year.

Just to put it into perspective, here are a few companies and the time it took them to cross the $1B revenue mark. 

Facebook: 6 years 

Google: 4 years

Apple: 8 years

Netflix: 10 years

See y'all next week.

Rohit

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