Business
oi-Sneha Kulkarni
The worldwide crypto market valuation is now $1.95 trillion, up 2.64 percent from the previous day. The overall crypto market volume over the last 24 hours has decreased by 17.52 percent to $107.50 billion.
Bitcoin
Bitcoin has regained lost ground following a 2.4 percent sell-off on Thursday, when the crypto fell to lows of approximately $43,800.
By press time, the world’s largest cryptocurrency by market value had gained 1.5 percent in a 24-hour period and was trading for around $46,100.
NFT Polygon
On Thursday, Rario, an officially approved cricket NFT platform, announced its opening, allowing fans to collect and trade great moments from cricket history. Polygon, a layer 2 Ethereum scaling solution, will be included into the platform.
Lionel Messi
The Argentinian soccer icon received an undisclosed amount of fan tokens from blockchain-based fan-token provider Socios.com as part of his signing-on fee for the French club.
Messi departed Barcelona, where he has played since he was 13, this week to join PSG on a two-year deal worth over $75 million per season.
Kryptoin Files for Ether ETF
On Thursday, Kryptoin Investment Advisors submitted a proposal to the Securities and Exchange Commission (SEC) for an ether (ETH, +3.16%) exchange-traded fund (ETF).
The Kryptoin Ethereum ETF Trust’s “investment objective,” according to the Delaware-based firm’s plan, would be “to provide exposure to Ethereum at a price that is reflective of the actual Ethereum market where investors can purchase and sell Ethereum.”
Poly Network
The hacker who stole $610 million from the Poly Network cross-chain decentralised finance (DeFi) protocol has returned virtually all of the funds, claiming their activities were “white hat activity.”
Cryptocurrency Prices
Bitcoin:$46,447.64
Ethereum:$3,251.23
Dogecoin: $0.275
Tether:$1.00
XRP: $1.04
The cryptocurrency market is extremely volatile, resulting in regular price fluctuations. Even the most well-known crypto tokens, such as Bitcoin, Ether, Dogecoin, Litecoin, and Ripple, have had a lot of ups and downs in value.
Story first published: Friday, August 13, 2021, 15:53 [IST]