Stablecoin USDC is the only crypto out of the top 10 that is not down today
According to Currency.com, bitcoin (BTC) ended yesterday on $44,667 after seeing a 2.72% decrease on the day. BTC now stands at $45,153.
The volume of BTC has increased by 9.82% over the past 24 hours. All but one of the top 10 cryptos are down today on CoinMarketCap with BTC being 2.34% lower.
Stablecoin USD Coin (USDC) was the only top 10 crypto to increase, rising by 0.01% to $1. Ethereum (ETH) is down by 5.40% with the cryptocurrency price now at $3,023. Binance Coin (BNB) is down by 6.49% to $396.
Tether (USDT), another stablecoin, is down as well by 0.02%, but it is still at the $1 mark. Ripple (XRP) is down by 7.58% to $1.10 and dogecoin (DOGE) down by 10.34% to $0.29.
Binance hires former US Treasury criminal investigator
The cryptocurrency exchange, Binance has hired Greg Monahan, former US Treasury criminal investigator as Global Money Laundering Reporting Officer (GMLRO).
Monahan has nearly 30 years of experience working as a US Treasury criminal investigator, where he was responsible for tax, money laundering and other financial crime investigations.
Binance CEO Changpeng Zhao said: “We have always held Binance to the highest standard to safeguard our users’ interests, and to that end we are always expanding our capabilities to make Binance and the wider industry a safe place for all participants.
“As a former US federal law enforcement investigator, Greg Monahan brings a wealth of anti-money laundering (AML) and investigations experience to Binance. We’re thrilled to welcome him to our team as GMLRO and we look forward to his contributions.”
Biggest risers and fallersThe biggest riser of the day was XinFin Network (XDC) with an 18.04% increase to $0.14. CoinMarketCap describes XDC as “an enterprise-ready hybrid Blockchain technology company optimised for international trade and finance”.
Coming in second was Quant (QNT), rising by 13.01% to $174.66. QNT was “launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network”.
The third biggest riser of the day was Arweave (AR), which was up by 9.09% to $24.75. AR “is a decentralised storage network that seeks to offer a platform for the indefinite storage of data”.
The biggest faller of the day was Audius (AUDIO), which was also the biggest riser yesterday (17 August). AUDIO was down by 21.76% to $2.76 and is “a decentralised music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, giving everyone the freedom to distribute, monetise and stream any audio content”.
The second biggest faller was Voyager Token (VGX), which fell by 12.75% to $3.64. VGX is “a cryptocurrency broker that provides investors with a trusted and secure access point to crypto asset trading”.
The third biggest drop of the day was THORChain (RUNE) by 11.96% to $8.30. RUNE “is a decentralised liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process”.
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