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Editors' Picks

El Salvador Recognizes Bitcoin as Legal Tender, Buys 200 BTC

  • El Salvador is now the first country in the world to recognize Bitcoin as legal tender, with its BTC Law coming in effect today.
  • Yesterday, the country's president confirmed his government had purchased 200 BTC as part of a $150 million Bitcoin fund.

$100M DeFi Adoption Initiative Launched on Celo

  • DeFi projects involved in the $100 million incentive program include AAVE, SushiSwap, Curve, 0x, PoolTogether, Chainlink, RabbitHole, and The Graph.
  • The incentive program will help the mobile-focused Celo blockchain achieve its goal of bringing finance to the 6 billion smartphone users around the world.

KuCoin Recorded A 1,144% User Growth in Q2

  • Over 2 million new users joined KuCoin in Q2 2021.
  • Most of the growth came from mobile installs in developing parts of Latin America, Africa, and Asia.

Celsius Crosses $20 Billion in Network Assets

  • Chainalysis performed the platform's quarterly audit, confirming it held $20.3 billion in assets.
  • Celsius said it expects to add close to $1 billion a month in new assets.

Crypto.com Becomes Premier Sponsor of Italian Football League

  • Lega Serie A will feature Crypto.com in all match broadcasts and rebrand their VAR center as the Crypto.com VAR Center.
  • The league will also work with Crypto.com to launch new NFT collections and explore other commercial and marketing initiatives to grow its user base.