Today’s Top Crypto News – Tuesday 7/12/22

•Three Arrows Founder Says Attempt to Work With Liquidators Met With ‘Baiting’ – CoinDesk

“In a first tweet since the crypto hedge fund imploded, Three Arrows co-founder Su Zhu posted screenshots from legal counsel saying the fund’s principals are willing to work with liquidators.”

•Bitcoin Miners Shut as Texas Power Grid Nears Brink – Bloomberg

“Nearly all industrial scale Bitcoin miners in Texas have shut off their machines as the companies brace for a heat wave that is expected to push the state’s power grid near its breaking point.”

•Ethereum co-founder responds to PoS critics amid upcoming Merge – CoinTelegraph

“Vitalik Buterin described a critic’s notion as an “unmitigated bare-faced lie,” while sharing his thoughts on PoS voting.”

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