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🚨 Bitcoin ATM Ban, BAYC acquired Punks, LUNA Growth, Coinbase Experiment, Thorchain

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Hi Sutras, Welcome to CoinSutra weekly capsule on Crypto. Here are some of the important crypto updates from the last week:

00:00 – Bitcoin ATMs are now Illegal in UK
00:22 – Terra Network updates (LUNA)
00:59 – Thorchain new features
01:33 – Yuga Labs acquired CryptoPunks & Meebits
01:51 – Coinbase Experimental label

💎 Bitcoin ATMs are now Illegal in the UK. The Financial Conduct Authority (FCA) of the UK “warned” crypto ATM operators to “shut their machines down” or “face enforcement action,”

💎 Terra Network is turning heads left, right and centre. Its flagship stablecoin UST’s demand is increasing every day. To meet this demand, the Luna Foundation Guard will burn 4.2 Million LUNA tokens. This would help with decreasing the circulating supply of LUNA in the market.

💎 Cross-chain DeFi protocol Thorchain has launched a wave of new features. These features include the launch of synthetic assets, which will allow users to create a derivative version of popular cryptocurrencies like Bitcoin and Ethereum.

💎 Bored Ape Yacht Club creator Yuga Labs has acquired CryptoPunks and Meebits from Larva Labs. Bored Ape Yacht Club and CryptoPunks are among the world’s most valuable NFTs.

💎 Crypto Exchange Coinbase, has unveiled its “Experimental” label. Now users will see Experimental written in front of tokens that are either new to the platform or have low trading volume.

#Crypto #CryptoNews #CoinSutraWeeklyCapsule

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The content published on CoinSutra Channel is for informational, educational, and recreational purposes only and should not be considered to be legal, tax, accounting, or any other professional advice. I’m not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.

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2 Comments

  1. Another awesome video! ❤️❤️ Am investing my time and money in crypto now, this new price is a clear sign for new investors to come in ✅✅…

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