Cryptocurrency Digest Aug 10, 2021: News, Analysis & Opinions

cryptocurrency digest aug 10 2021

🆘 Poly Network lost $611 million in the biggest hack in the history of the crypto industry.

❌ The U.S. Senate did not support the crypto industry-friendly amendments.

🔥 The world's largest movie theater chain AMC Entertainment Holdings will begin selling tickets for bitcoin.

📑 VanEck filed a new application to launch a bitcoin ETF. This time the chance of approval is high.

⛔️ "Cryptomaniac" Hester Pierce criticized the SEC for regulatory harassment of Poloniex.

🤝 BitMEX has partnered with AC Milan soccer club.

🚀 According to Glassnode, big investors are behind bitcoin's rise.

📝 The SEC demanded that Ripple provide more than 1 million messages from its employees on the Slack messenger.

💰 Indian cryptocurrency exchange CoinDCX raised $90 million in investment at a valuation of $1.1 billion.

📈 Tom Lee of Fundstrat predicted bitcoin to rise to $100,000 by the end of the year.


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Jack Evans

About the author

I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments. 

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