Bitcoin is up .5% at $48,959
Ethereum is up 1% at $3,905
and Binance Coin is up .5% at 587.

Polygon up 31%
Cardano up 15%
Cosmos up 15%

Microsoft is closing down its Azure Blockchain Service in September.

The Bank of England says it looks probable that the state would need to issue some form of digital cash to retain citizen’ confidence.

Argentina’s Tax authority has ordered crypto exchanges to file information on transactions.

Binance is facing an investigation by the IRS and Department of justice

The Bitcoin wallet used by DarkSide for ransom payments has ben ID’d by Elliptic

Links:

• Azure Blockchain Service retirement notification and guidance - Azure Blockchain | Microsoft Docs
• Binance Faces Probe by U.S. Money-Laundering and Tax Sleuths (1)
• Elliptic Follows the Bitcoin Ransoms Paid by Colonial Pipeline and Other DarkSide Ransomware Victims
• Do we need ‘public money’? - speech by Jon Cunliffe | Bank of England
• Argentina’s Tax Authority Orders Crypto Exchanges to File Information on Transactions: Report - CoinDesk

Former Microsoft Engineer Gets Prison

Grain and Oilseeds Now Trading on the Blockchain

Links:

• Ex-Microsoft Dev Gets 9 Years in Prison Over $10M Theft Involving Bitcoin Mixing - CoinDesk
• Blockchain-based agri-commodity trading to tap world’s largest wheat market

Bitcoin is down 2% at $9,542
Ethereum is down 2% at $239
and XRP is down 3.5% at 19 cents

Top gainers in the last 24 hours:
Horizon up 27%
and Digibyte up 15%

A series of transactions have caught the attention of the crypto world

Three Arrows Capital has become the first qualified investor to hold more than 5% of Grayscale Bitcoin Trust shares.

Microsoft has released a beta version of its decentralized identity tool on the bitcoin blockchain.

Unstoppable domains has launched censorship resistant blogging capabilities.

Links:

• Crypto hedge fund Three Arrows Capital now holds 6.26% of GBTC shares, worth nearly $259 million - The Block
• A bug? Another mysterious Ethereum transaction took place with $2.6 million in fees - The Block
• Microsoft releases a beta version of its decentralized identity tool on the Bitcoin blockchain - The Block
• Unstoppable Domains Taps IPFS for Censorship-Resistant Blogging Platform - CoinDesk

India: Crypto-a-Go-Go

BitGo Wants Institutional Biz

EY, Microsoft and ConcenSys Launch Baseline Protocol on Ethereum Mainnet

Links:

• Indian Crypto Exchanges Resume Fiat Services 24 Hours After Supreme Court Ruling
• BitGo Launches Its First Institutional Crypto Lending Service
• Microsoft, EY and ConsenSys Tout New Way for Big Biz to Use Public Ethereum - CoinDesk