Newsflash of August 28, 2020

Market Cap at 7:11 (UTC) – $357,335,029,568

Bitcoin dominance: 66 % 

BTC $11,442.8 (+0.38%)

ETH $389.91 (+1.41%)

XRP $0.266607 (-3.06%)

AAVE acquired FCA's license.

According to the website (, AAVE (formerly LEND) was able to get a nod from the FCA. Now, AAVE is allowed to issue electronic money for customers and businesses legally without restrictions.

Brazil is studying the benefit of CBDC

Per the post (, the Brazil’s Central Bank has established a group of 12 members to examine and research on how CBDC can be adapted. Additionally, the team will also research on the value and risk of CBDC can bring to the national payment ecosystem.

LINE continue expanding into crypto.

LINE recently revealed ( two new products for the crypto industry which are LINE blockchain developers and Bitmax wallet. LINE blockchain developers will allow developers to quickly deploy and minimise the cost of launching their own blockchain platform. Moreover, Bitmax will let LINE’s users connect their account seamlessly and secure.

Stay safe and happy trading.



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