COCO PAY has prepared a digest of the most relevant web3 news from the past week. Find out what you might have missed!
Analysts identify potential cause of the crypto market crash
From August 4th to 5th, a significant correction was observed in the crypto market, which experts attribute to macroeconomic factors and the actions of the brokerage firm Jump Trading. As a result, the price of Bitcoin fell below $50,000.
Asian stock indices plummet due to U.S. recession
On August 5th, Japan’s Nikkei 225 stock index closed the trading session with a 12.4% drop, reaching 31,458.42 points. This was the largest drop since 1987.
Neuralink successfully implants neurochip in a second patient
The startup Neuralink, founded by Elon Musk, successfully implanted a neurochip in the brain of a second patient. Like the first volunteer, Noland Arbo, the new patient suffers from a spinal cord injury.
Hackers attack systems related to the Olympic Games, demanding ransom in cryptocurrency
Unknown hackers have breached more than 40 computer systems of companies and tourist facilities in France related to preparations for the Olympic Games, demanding ransom in cryptocurrency.
Binance announces the addition of Toncoin (TON) to its listing
Cryptocurrency exchange Binance announced the listing of Toncoin (TON). Following this news, the value of TON increased by 10%.
Crypto Democrats launch campaign in support of Kamala Harris
Supporters of the U.S. Democratic Party in the crypto industry have initiated a campaign called “Crypto for Harris,” aimed at countering Donald Trump’s appeals.
More news coming soon. COCO PAY — always in tune with you.
