Brazil prez meets with Brian Brooks and Circle to discuss possible CBDC
The global crypto market cap is $1.95 trillion with a 24-hour volume of $123.13 billion. The price of Bitcoin is $45,726.28 and the BTC dominance is at 44.0%.
by Oluwapelumi Adejumo
Brazil’s interest in the crypto space does not look like abating anytime soon as the President of the central bank of the country, Roberto Campos Neto, recently held a video conference call with two key figures in the crypto space regarding the rollout of a potential Central Bank Digital Currency (CBDC) in the country.
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Deeper Network is holding a raffle giveaway to celebrate mainnet launch
Deeper Network is handing out prizes to users and the broader community to celebrate the launch of its mainnet.
Critical vulnerability found in SushiSwap put $350 million at risk
A critical vulnerability found on decentralized exchange platform SushiSwap put over $350 million at risk before it was patched by developers last night, a report this morning showed.
Ethereum (ETH), Cardano (ADA) are crowd favorite cryptos in Singapore
Ethereum, Bitcoin, and Cardano are the most invested in cryptocurrencies in Singapore, a recent survey by crypto exchange Gemini on the crypto investing behavior among adults in Singapore found.
Bitcoin adoption could dampen El Salvador’s credit rating, Fitch says
Fitch Ratings has warned that El Salvador’s move to regulate Bitcoin (BTC) as legal tender could negatively affect credit ratings of the country’s insurance sector. The global credit scoring agency has joined the pack of El Salvador’s Bitcoin adoption critics, stating concerns about the country’s poor articulation of the crypto’s implementation in mainstream markets.
Economist claims a $500,000 Bitcoin would be disastrous for CO2 emissions
The founder of Digiconomist, Alex de Vries, predicts that, in the long run, the cost of mining a Bitcoin will rise to the price of a Bitcoin.
Ripple (XRP) hits back as SEC case turns intrusive
Ripple’s legal battle with the US Securities and Exchange Commission (SEC) is approaching the discovery phase deadline on August 31, as the blockchain-based payments company filed its opposition to the regulator’s request for additional Slack communications.
Chile politician says he owns Ethereum (ETH) but remains a crypto skeptic
A member of Chile’s Democratic Revolution opposition party, named Giorgio Jackson, revealed he owns an undisclosed sum of Ethereum.
America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths
A CNN report has revealed that the US government is stepping up activities to better protect its systems as it is now looking to offer a crypto-assets rewards system to hackers who help them uncover state-backed actors and potential terrorists on the dark web.
Polylauncher debuts with angel investment from Polygon co-founder
Polylauncher, the first metaverse-focused launchpad in the crypto space, has launched on Polygon.
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