Crypto News Cast For August 2nd 2022 ?

Crypto News Cast 📮 02-08-2022

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.

24hours Cryptocurrency Market Cap:
📈MarketCap: $1075 B
📊24h Mcap %: -2.68%
⚠️Bitcoin Dom: 41.20%
📌Active Coins: 11453
📍24h Vol %: 0.28%
💲24h Vol: $77 B

Crypto News Updates :

Ripple Plans To Hire Hundreds Of People At Its New Toronto Office
Serenade, A Polygon-based NFT Platform Will Host Muse’s Upcoming Album
TRON Now The Second-largest Public Chain In Terms Of Stablecoin Market Cap
In About 1Month, Warren Buffett-backed Nubank Has 1 Million Cryptocurrency Users
For The First Time Ever, Ethereum’s Open Interest Outperforms Bitcoin’s
Luxury Watchmaker Hublot Now Accepts Crypto Payments
For 5th Week In A Row, Investment Funds Continue To Pour Into Cryptocurrencies
Cryptocurrency Exchange, Huobi Gets Registeration To Successfully Operate In Australia

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– Ripple Plans To Hire Hundreds Of People At Its New Toronto Office

Ripple Labs, a fintech and blockchain business, recently revealed its ambition to employ hundreds of people over the next several years after announcing the launching of its new office in Toronto, Canada. The CEO of the business, Brad Garlinghouse, said in a video of the branch opening that Toronto was chosen as the site for its engineering hub expansion because it had great engineering talent. Read Full on Finbold.

– Serenade, A Polygon-based NFT Platform Will Host Muse’s Upcoming Album

The legendary rock band Muse’s ninth studio album, “Will of the People,” will be released as an NFT on August 26 and is expected to become the first record to chart in both the UK and Australia. The NFT will be offered for sale through Serenade, the eco-friendly platform that enables artists to profit from the NFT boom. To mint NFTs, the platform employs the layer-2 solution Polygon. Read Full on Decrypt.

– TRON Now The Second-largest Public Chain In Terms Of Stablecoin Market Cap

According to the data provided by TRONSCAN, TRON’s total transfer value just reached the $5 trillion barrier, adding 105 million new accounts and documenting over 3.6 billion transactions on its blockchain. Its total value locked (TVL), on top of all that, has topped $11 billion. These factors contributed in making it the 2nd largest public chain by stablecoin market cap & Top 3 largest public chain by TVL.Read Full on Finbold.

– In About 1Month, Warren Buffett-backed Nubank Has 1 Million Cryptocurrency Users

Just one month after introducing the service, Brazilian challenger bank Nubank stated that there are now one million bitcoin users in the nation. David Vélez, the CEO and co-founder of Nubank, verified the achievement and stated that given the current crypto winter, they anticipated reaching the goal in a year. Customers can purchase and sell Bitcoin (BTC) and Ethereum (ETH) through the platform using a cryptocurrency trading and custody service offered by Paxos’ infrastructure.Read Full on Finbold.

– For The First Time Ever, Ethereum’s Open Interest Outperforms Bitcoin’s

Some researchers have hypothesized that Ethereum (ETH), the second-ranked cryptocurrency, may someday surpass Bitcoin due to the continuing network upgrades. After Ethereum successfully flipped Bitcoin in the options market for the first time in history, this possibility has been partially fulfilled. On all exchanges as of August 1, open interest in Deribit Ethereum options valued at $5.6 billion outpaced open interest in Bitcoin options valued at $4.3 billion. Read Full on Finbold.

– Luxury Watchmaker Hublot Now Accepts Crypto Payments

Elite Swiss watchmaker Hublot has acknowledged digital currencies and so-called meme coins as legitimate forms of payment. The world’s largest watchmaker and BitPay crypto payments platform, have signed the strategic cooperation. Customers may now purchase Hublot watches by paying in one of 13 digital currencies, which includes DOGE and Shiba Inu, in addition to the leading cryptocurrency Bitcoin and the second-most popular coin Ethereum. Read Full on U.Today.

– For 5th Week In A Row, Investment Funds Continue To Pour Into Cryptocurrencies

Capital has continued to pour into cryptocurrency investment products despite the protracted bear market as the industry tries to hold onto recent short-term gains. Despite the ongoing sell-off, the increase in funds entering the market demonstrates that investors still support cryptocurrencies. The final week of July saw $81 million in capital inflow for the cryptocurrency investment products, making it five weeks in a row. Read Full on Finbold.

– Cryptocurrency Exchange, Huobi Gets Registeration To Successfully Operate In Australia

The Seychelles-based cryptocurrency exchange Huobi is now qualified to provide trading services in Australia after successfully registering with AUSTRAC. Huobi most recently obtained authorization to conduct business in New Zealand. It has continued to widen its geographic reach, most notably acquiring the Latin American cryptocurrency exchange Bitex to strengthen its position there. The business also intends to go back to the United States. Read Full on coindesk.