- The dollar index hit a new 20-year high, which usually happens before a financial crisis. But BTC is unafraid and is holding at $20.5k. (fxstreet.com)
- The total number of bitcoin addresses created has exceeded one billion. (finbold.com)
- According to the developers, the transition from Ethereum to PoS is scheduled for September 19, assuming the update in the Goerli testnet takes place on August 11.
- It looks like the Terra ecosystem won't survive the May crash as more than 50 projects, along with developers, are migrating to the Polygon blockchain. (beincrypto.com)
- Celsius Network repaid all debts, returned collateral (approximately $1MM) and declared bankruptcy, implying corporate restructuring.
- Circle, the issuer of USDC, released a new report showing it has $55.7 billion in reserves.
- The Euro collapsed below the US Dollar. Meanwhile, the ECB continues to view cryptos as a financial stability risk.
- Germany and the United States share first place in the world ranking of the most crypto-friendly countries.
- Russia's largest bank, Sberbank, has launched its own blockchain and executed a first digital asset transaction. (Reuters)
- China completed 264 million digital yuan (e-CNY) transactions worth 83 billion yuan (about $12.33 billion) in 5 months. Over 4.5 million outlets nationwide currently support digital yuan payments.