Short cryptonews for this week 32/52 (2023)

Short cryptonews for this week 32/52 (2023)

By Pasucaru | Crypto on fire | 12 Aug 2023


- This week Bitcoin broke the $30,000 resistance again, but is now trading slightly below that level.

- PayPal launches its crypto usd stablecoin: $PYUSD. With the feature of "assetProtection", the company can, at its discretion, block the $PYUSD or simply erase any number of tokens from your balance.

- Coinbase becomes the first publicly traded company to launch its own decentralized blockchain: $BASE. Coinbase's blockchain TVL jumped to $146 million after its mainnet launch.

- The Central Bank of El Salvador has granted Binance a Bitcoin Service Provider (BSP) license, while the El Salvadoran National Commission for Digital Assets has issued a non-provisional Digital Asset Service Provider (DASP) license.

- PancakeSwap, the decentralized exchange, has integrated the L2 Arbitrum One solution, optimizing token exchanges and liquidity provision.

NFT of the week  https://lenster.xyz/posts/0x0157e0-0x9b-DA-d3a6018f  (Polygon network on Lens Protocol https://lenster.xyz/u/pasucaru )

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