August 25, 2021

Cryptocurrency Digest Aug 23, 2021: News, Analysis & Opinions

cryptocurrency digest aug 23 2021

🔥 Binance intends to attract investments from public funds at a valuation of $200 billion.

⚡️ PayPal is bringing its cryptoservice to the UK market.

🚀 Bitcoin has surpassed $50,000. Altcoins are going up, too.

💡 Xiaomi India is interested in the crypto industry, but is waiting for regulatory clarity.

⛏ Iran will allow mining at the end of September. It imposed a ban on mining in May of this year.

🔐 Poly Network hacker gave away the key to a wallet with $141 million. The incident with the largest hack in the history of the crypto industry can be considered over.

🚧 Center will make USDC collateral solely from U.S. cash dollars and short-term U.S. Treasury bonds.

⚡️ Visa bought CryptoPunks 7,610 NFT token for 49.5 ETH ($150,000).

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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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