Your daily dose of Crypto
The total market cap has risen by over 7% in the last 24 hours and has reclaimed $2 trillion.
BTC and ETH have rebounded and are up by over 5% and 7% in the last 24 hours.
ADA is up by over 19% in the last 24 hours and has reached a new ATH of $2.54, as the anticipation for Alonzo hard fork grows.
Kusama is up by over 18% in the last 24 hours amidst the announcement of the launch of next five parachain auctions on September 1.
Coinbase, in partnership with Mitsubishi UFJ Financial Group, has launched a crypto exchange in Japan. Coinbase has noted that it will support five largest cryptocurrencies by trading volume for the time being and more products will be supported in the future.
India’s government e-marketplace (GeM) to run a pilot project for geographical indication (GI) registered products, based on blockchain technology to avoid counterfeiting of products and to have end-to-end visibility.
Polygon, an Ethereum scaling solution, will launch a DAO to bring interoperability to DeFi platforms, by tapping its $100 million DeFi fund and will airdrop a new governance token to Polygon users. It has already tapped Chainlink, Aave, SushiSwap as its partners for this initiative.
Binance has announced that all its users are now required to complete Know Your Customer (KYC) verification, to “align with the evolving global compliance standards”, amidst its rising regulatory concerns.
A Mayor in US (Cool Valley, Missouri) Jayson Stewart is planning to give every resident up to $1,000 in Bitcoin by collecting funds from various sources, with the condition that residents should HODL for 5 years.
10.Russian President Putin has officially ordered that citizens should reveal and verify their crypto holdings.
submitted by /u/Aegontarg07
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