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Crypto News of the day 1.9.|BitMEX Adds Mobile Application for Trading in 140 Countries • Sushi Token DeFi Price Fires 1,200% • and more articles

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Welcome to crypto news of the day 1.9. We have prepared for you an overview of the most important things that happened during the last day in the cryptoworld and crypto market.

Crypto News of the day 1.9.|BitMEX Adds Mobile Application for Trading in 140 Countries • Sushi Token DeFi Price Fires 1,200% • and more articles
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Markets

Bitcoin continues to slowly improve its position, currently moving above $ 11,900. However, double-digit and even triple-digit price pumps from lower-capitalized tokens continue to reduce BTC’s dominance to an annual low below 57%. Ethereum is doubling its recent price pump with a further 10% increase. ETH is now trading for $ 460. Polkadot is one of the most impressive winners in the top 10 with a 9% increase. At the same time, Chainlink fell by 6%, which means that DOT may soon overtake LINK in the top 5.

You can monitor the current prices of cryptocurrencies here.

Last crypto news of the day (31.8.) here.

Cryptocurrencies

Ripple has partnered with 37 universities from 15 countries to research

Ripple’s University Blockchain Research Initiative (UBRI) is adding three more names to its list of partner institutions. In a blog post, the company states that it cooperates with the University of Zurich, ETH Zurich, Ryerson University and the Instituto Tecnológico Autónomo de México (ITAM). The addition of four institutions increases the total number of UBRI partnerships to 37 universities. According to Ripple, UBRI supports the Center for Sustainable Digital Finance at the University of Zurich, which would conduct research into the digitization of financial services in collaboration with a range of partners, including regulators, businesses, financial companies and consumers.

Crypto Exchanges, Banks, Companies

BitMEX adds a mobile application for trading in 140 countries

BitMEX announced on Tuesday that it is officially launching its first mobile application. The launch follows a monthly pilot project during which the app was tested among retailers in 18 countries. For starters, it will be available in more than 140 countries.

Coinmarketcap management leaves 4 months after aquisition from Binance

Five CoinMarketCap executives, including CEO Carylyne Chan, have left. Chan announced on Monday that she had left CoinMarketCap along with four other executives. The mass exodus comes just four months after Binance acquired CoinMarketCap for approximately $ 400 million.

Decentralized crypto exchanges reached a monthly volume of USD 11 billion in August

Data for August shows that decentralized exchanges recorded a monthly trading volume of more than $ 11 billion. According to data released by Dune Analytics, which tracks volumes in the DEX sector, the volume of about $ 11.24 billion reflects a month-on-month increase of 152% compared to $ 4.4 billion in July.

Swiss healthcare provider is now accepting payments in the crypto

According to the announcement on August 31, Atupri Health Insurance has entered into a partnership with Bitcoin Suisse for its 200,000 customers, who can make payments using Bitcoins (BTC) or Ethereum (ETH). Bern-based Atupri will not own any digital assets, but will only receive fiat payments in Swiss francs once BTC or ETH exchanges Bitcoin Suisse.

For the first time in history, the Singapore Stock Exchange listed cryptoindexes

Singapore Stock Exchange today announced the listing of its very first cryptoindexes. In partnership with CryptoCompare, the UK’s cryptocurrency comparison server, the Singapore Exchange (SGX) is launching two cryptocurrency indices through its four-year SGX iEdge index set: the iEdge Bitcoin Index and the iEdge Ethereum Index. Indices track the prices of cryptocurrencies.

DeFi

Price of the DeFi Sushi token fired by 1,200%

The latest madness in yearn farming, which began a few days ago, is gaining momentum as “sushi farmers” try to get the hottest token in decentralized finances. SushiSwap, which was launched last week as a Uniswap fork, gained traction as the hottest thing in the DeFi sector. Its goal was to build on the popular token exchange protocol, but also to offer a native token as a reward to liquidity providers. Uniswap offers only a 0.3% share of its business fees to those who place collateral on the platform. Obviously, this is not enough for the greedy incomes of farmers, so they move their liquidity to SushiSwap.

CBDC

Central Bank of South Korea has begun the technical phase of CBDC testing

The Korea Times reported on Monday that the Bank of Korea (BoK) is now seeking a consulting partnership to implement the second phase of its plan for the CBDC. Once successful, the local company will assist the central bank in building an architecture for the CBDC, which is preparing in the face of China’s quest to be the first major nation to launch a digital version of its Fiat currency.

Crypto News of the day 1.9.|BitMEX Adds Mobile Application for Trading in 140 Countries • Sushi Token DeFi Price Fires 1,200% • and more articles

Thank you for your time a reading crypto news of the day 1.9.

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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