🔥TRENDING NEWS OF CRYPTO MARKET:
- According to CoinGecko, the Bahamas, Jamaica, and Nigeria became the first countries to fully launch Central Bank Digital Currencies (CBDCs). The Bahamas introduced its CBDC, the Sand Dollar, in 2020. Jamaica launched its digital currency, the Jam-Dex, in 2021. The included CoinGecko graphic details the timelines of the emergence of the first 10 CBDCs in various countries.
- Binance US has announced support for the upcoming EGLD (MultiversX) Network Upgrade scheduled for Epoch 1126, approximately at 8:45 a.m. PDT / 11:45 a.m. EDT on August 30, 2023. Trading on the platform will not be affected; however, withdrawals and deposits will be temporarily paused.
- Glassnode Alerts has reported that the amount of Bitcoin supply that was last active over 10 years ago has reached an all-time high (ATH) of 2,904,516.009 BTC. This shows a potential increase in long-term holders or addresses containing dormant Bitcoin that haven't been touched for over a decade.
- Sam Bankman-Fried's lawyers have appealed a judge's decision to detain him in jail prior to the start of his trial related to the collapse of his former crypto exchange, FTX. U.S. District Judge Lewis Kaplan had revoked Bankman-Fried's bail, citing witness tampering attempts, including former FTX.US General Counsel Ryne Miller and former Alameda Research CEO Caroline Ellison. Bankman-Fried is currently being held at Brooklyn Metropolitan Detention Center and is set to face trial on allegations of wire fraud, commodities fraud, securities fraud, money laundering, and related conspiracy charges.
- Binance has introduced an optimization feature for their trading platform called #BinanceBuild. The update allows Futures and Options traders to access their profit and loss analysis directly on the trading pages, offering a more streamlined experience. This feature is now available on the Binance web platform.