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Yang He
09/13 06:01
CEO, Aspen Digital
Crypto Exchange Huobi to Delist 7 Privacy Coins, Including Zcash, Monero — Aspen Market Daily
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▌Daily Market Wrap ·Crypto market cap: 1.03 Trillion, down 2.53% ·BTC price stands at USD 22,191, up 1.71% ·ETH price stands at USD 1,695, down 2.70% ·Top gainer: Solana (SOL), up 7.65% ·Top loser: Terra (LUNA), down 24.41% ▌News of the Day
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Huobi to Delist Monero and Other Privacy Coins, Citing Regulatory Pressures ▌Why it matters: ·Huobi will delist seven privacy coins on September 19, namely: Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC) and Horizen (ZEN) ·Deposits have already been ceased on Monday and users are urged to cancel open orders for these privacy coins ·In efforts to meet compliance policies across over 100 countries, the exchange has ended trading services on its futures, margin, ETP, OTC and trading bot services, and this delisting comes after privacy coins attracting intense scrutiny ▌Crypto Daily Spotlight
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Starbucks Taps Ethereum Scaling Network Polygon for NFT Rewards Brief introduction: Polygon is a Layer 2 scaling solution on the Ethereum blockchain. Polygon’s proof-of-stake network allows for low fees and a transaction rate of ~65,000 TPS on a side chain, before being finalised on the Ethereum mainchain. Its native utility token is MATIC. Polygon primarily focuses on increasing DeFi tools and applications by connecting blockchains. ▌Why it matters: ·Starbucks plans to offer its customers NFT rewards, which can unlock access to merchandises and events — such as virtual drink-mixing class or a trip to Starbucks’ Costa Rican coffee farm, through Polygon ·Customers can earn digital stamps, which will be minted as NFTs, by completing challenges and playing interactive games through its app and can purchase limited NFT stamps from the company ·From September 12, customers and partners can join the waitlist to be the first to receive access to the Starbucks Odyssey experience launching later this year ▌Daily Sector Tracker
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▌Daily News Roundup ·Official EthereumPoW ETHW fork date announced https://bit.ly/3xieiCL ·El Salvador Launches 2 Debt Repurchase Offers Amid Uncertainty Over Its Bitcoin Bond https://bit.ly/3DkfoSg ·Hong Kong’s HashKey Receives Approval to Manage 100% Crypto Portfolio https://bit.ly/3DmrDOg ·Abra Launching First US Regulated Crypto Bank https://bit.ly/3dadFnU ·Layer 1 Blockchain Sui Raises $300M At $2B Valuation https://bit.ly/3quGCho ▌About Aspen Digital Aspen Digital is a leading technology and financial services company with a mission to accelerate the mass adoption of digital assets. The company provides a digital asset management solution for asset managers, institutions, and sophisticated investors. Aspen Digital was co-founded by digital assets innovators and asset management veterans at Everest Ventures Group (“EVG”) and TT Bond Partners (“TTB”) in 2021. For more information, please visit https://www.aspendigital.co/ ▌Sign Up on Aspen Digital If you would like to know more, please sign up here.
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Yang He
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CEO, Aspen Digital