Vitalik faces backlash for downplaying DeFi’s role in Ethereum’s growthDeFi advocates argue Buterin misses the mark on sector’s role in ETH’s value.
Happy Friday!The global crypto market cap is $2.23 trillion, with a 24-hour volume of $60.46 billion. The price of Bitcoin is $63,604.52, and BTC market dominance is 56.3%. The price of Ethereum is $2,727.55, and ETH market dominance is 14.7%. The best-performing sector is Insurance, which gained 4%. The Crypto Fear & Greed Index is currently Neutral (55). 📰 Top News
Vitalik faces backlash for downplaying DeFi’s role in Ethereum’s growthDeFi advocates argue Buterin misses the mark on sector’s role in ETH’s value. WazirX says external parties are attempting to prolong its restructuring effortsThe exchange will allow users to withdraw up to 66% of their INR balances in two phases starting Aug 26. Thailand authorities raid illegal mining operation west of BangkokThe authorities conducted the raid, in which no arrests were made, after receiving several complaints of frequent power outages in the area. Justin Sun pledges $1M to DAO supporting Telegram’s Pavel DurovDurov's arrest fueled a debate on censorship in Europe, with high-profile supporters voicing their concerns. 🗞️ More News
📖 Latest Market Report
The unlikely reality of Bitcoin as a reserve currencyCryptoSlate's latest market report dives deep into the feasibility, implications, and potential consequences of Bitcoin becoming a reserve currency in the US.
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