Coinlive Morning Post - August 24

headlines

▌OpenSea Seaport transaction volume exceeded US$1.1 billion, a record high

According to data from Dune Analytics, the total transaction volume of OpenSea based on the open-source NFT protocol Seaport has exceeded $1.1 billion, reaching a record high of $1,124,998,907 at the time of writing. In addition, the total number of OpenSea transactions based on the Seaport protocol reached 3,346,163, and the number of unique users was 621,485.

cryptocurrency

▌Oanda analyst: The winter of cryptocurrency may be over

Edward Moya, senior market analyst at foreign exchange trading platform Oanda, said that the cryptocurrency winter may be over. He believes that despite recent bad market news, some cryptocurrency investors are starting to buy more Bitcoin (BTC) and other cryptocurrencies. He noted that more holders started adding to their positions. Moya believes that the "crypto winter may be over". Moya added that cryptocurrencies may not emerge from "choppy" waters in the coming months. However, if risk appetite for Bitcoin continues to grow, "we could see momentum really picking up and sending the cryptocurrency sharply higher."

▌Latin American digital payment company Ripio launches prepaid encryption card in Brazil

Ripio has begun rolling out a prepaid debit card in Brazil that allows payments in cryptocurrencies and earns cashback rewards in bitcoin, according to Sebastian Serrano, chief executive of Latin American digital payments company Ripio. The company hopes to issue 250,000 cards by the end of the year, offering the product to its 1 million users in the South American country. The cards were developed in partnership with Visa. The card will allow payments in Brazil’s official currency, the Brazilian real, and 28 cryptocurrencies, the company said. Serrano said Ripio is considering increasing rewards in cryptocurrencies other than bitcoin. The company also plans to launch the card in Argentina later this year, Serrano said, and does not rule out launching it in other countries where the company operates, such as Uruguay, Colombia, Mexico and Spain.

▌Celsius asks Prime Trust to return $17 million in crypto assets

Celsius sued crypto custodian Prime Trust on Tuesday in an attempt to recapture $17 million in cryptocurrencies held by the latter. The suit arose out of a dispute related to Celsius yield products. Celsius said that when the two parties terminate the agreement in June 2021, Prime Trust will return to Celsius $119 million worth of encrypted assets. But Celsius said Prime Trust refused to honor its obligations to transfer 398 BTC, 196,268 CEL tokens, 3,740 ETH, and 2.2 million USDC, valuing the cryptocurrencies at $17 million.