Bitcoin is up slightly at $42,243
Ethereum is up slightly at $3,225
and Binance Coin up .5% at $475

Secret Network, up 20%

Brazil’s Rio De Janeiro is moving to allocate 1% of its treasury reserves to BTC

Short traders lose big on Elon Musk's Tesla taking Dogecoin for merch.

Crypto Exchange FTX sets up $2B fund

Gap is dropping a NFT collection on the Tezos blockchain

Visa and ConsenSys developing new infrastructure to support the rollout of CBDCs

Links:

• Gap Launches Gamified Collectible NFT Experience to Activate Community, Creativity and Self-Expressi | Gap Inc.
• Rio de Janeiro mayor plans to invest 1% of the city's treasury in bitcoin
• Crypto Exchange FTX Sets Up $2 Billion Venture Fund - WSJ
• Dogecoin Surge Sees Short Traders Lose $8M After Tesla Store Addition
• Envisioning a future of central bank digital currencies for everyone ever | Visa

Bitcoin is up 1% at $49,299
Ethereum is up 1% at $3,233
and Cardano is up 1% at 2.47

Avalanche up 33%
Cosmos up 17%
Near Protocol up 16%

Binance is suspending futures in Brazil due to regulatory pressures.

Brian Quintenz a crypto-friendly CFTC commissioner will leave office at the end of August.

Blackrock has almost $400M invested in Bitcoin mining stocks.

Fractional.art has raised $7.9M in a seed round.

Coinbase has named Mitsubishi UFJ as their banking partner in Japan.

Links:

• BlackRock Joins Fidelity And Vanguard As A Bitcoin Mining Investor
• Statement of Commissioner Brian D. Quintenz on the End of His Term and Future Plans | CFTC
• 'Fractional' NFT platform raises $7.9 million in seed funding
• Coinbase launches in Japan. Coinbase was founded in 2012 as an easy… | by Coinbase | Aug, 2021 | The Coinbase Blog

Bitcoin is up 3% at $10,300
Ethereum is up 5.5% at $356
and XRP is up 1% at 24 cents

Top gainers in the last 24 hours:
SushiSwap up 50%
Yearn Finance up 34%
BNB up 20%

Chef Nomi abdicates - forks over control to FTX CEO Sam Bankman-Fried

Swerve has crosses 380 million in total value within 12 hours of launch

Brazil’s central bank president Roberto Neto says that the country will have a CBDC in 2022.

Craig Wright’s ongoing trial has been moved to january 2021

Bitcoin is down 2.5% at $9,219
Ethereum is down 3.5% at $232
and XRP is down 1.5% at 18 cents

Top gainers in the last 24 hours:
Request Network, up 32%
and Quant Network up 25%

Former Wirecard CEO Markus Braun has been arrested.

PayPal and Venmo are planning to let users buy and sell crypto.

Brazil’s central bank has suspended WhatsApp’s payments service only a week after launch.

The final judgement has been handed down in the case between the SEC and Shopin

Links:

• PayPal and Venmo are reportedly planning to let users buy and sell crypto - The Block
• Eran Eyal and UnitedData, Inc. d/b/a/ "Shopin, " (Release No. LR-24842; Jun. 23, 2020)
• Banco Central do Brasil
• Wirecard’s Former Billionaire CEO Markus Braun Arrested Over Allegations Of Fraud

Bitcoin is down slightly at $9,578
XRP is down 1% at 25 cents
and Ethereum is up half a percent at $169

Top gainers in the last 24 hours:
Dent up 19%
Metronome up 15%

French cybersecurity police announced that they have disabled a cryptojacking botnet with 850,000 servers.

The bitcoin lightning network has been found to have some vulnerabilities.

Cielo is announcing bitcoin support via its 1.4 million point-of-sale devices in Brazil.

India’s top investors are looking to increase their allocation to cryptocurrencies.

Links:

• Nearly 10% of India's richest investors are looking to increase allocation to cryptocurrency - The Block
• Brazilian payment processing giant announces bitcoin support - The Block
• Bitcoin’s Lightning Network found to have security vulnerabilities - The Block
• French 'cybercops' dismantle pirate computer network - BBC News

Bitcoin is down .5% at $10,697
XRP is up slightly at 31 cents
and Ethereum is down 1% at $219

Top gainers in the last 24 hours:
Everex up 20%
Zclassic up 17%
Dent up 15%

On the MoneyGram earnings call CEO Alex Holmes spoke about the benefits of the commercial agreement with Ripple.

South Korean Shinhan Financial investment is looking to offer peer-to-peer stock lending on blockchain.

Brazilian tax authorities have levied new requirements for crypto traders.

Links:

• South Korea's Shinhan Brokerage to Offer Blockchain-Based Securities Lending - CoinDesk
• MoneyGram talks up Ripple partnership, goes live with XRP and xRapid, in Q2 earnings - The Block
• Cryptocurrency Transactions in Brazil Must Now be Reported to its Tax Authorities | The Rio Times