Market Cap at 1:23 (UTC) – $266,550,838,846 billion
Bitcoin dominance: 68.5%
BTC $10,202.96 (+1%)
ETH $191.95 (+1.68%)
XRP $0.273020 (+0.78%)
Amazon Cloud failure causes issues to crypto exchanges
At 19:22 UTC, Aug 23rd, Amazon encounters some connection issues, making various exchanges such as Binance, KuCoin and Bitmax become unstable. Moreover, Binance had to disable their deposit and withdrawal due to the issue. Additionally, some exchanges even see a massive drop of Bitcoin, causing the price went down to approx. $1000. At the time of this writing, the majority of the connections have been recovered and Amazon is working to repair the rest.
Bitmain now worth $12B
Tether to launch Yuan-backed stablecoin
Rwanda Central Bank is researching digital currency
The government of Rwanda is looking into digital currency to increase the efficient of transactions and to boost economic growth, the news was first reported by BNNBloomberg. Per the article, the National Bank of Rwanda is studying from the experience of various central banks around the world including Canada, Singapore and Netherland as the mentioned countries have tested blockchain technology.
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