🪙 Crypto News (Aug 21, 2024):

1️⃣ Suisse Gold: The Swiss-based company Suisse Gold, renowned for its expertise in precious metals trading, has begun accepting #XRP tokens as a form of payment. According to company representatives, customers can now use XRP to purchase gold, silver, platinum, and other valuable products. 🪙

2️⃣ Bitwise: Bitwise, a leading digital asset management firm, has announced its acquisition of ETC Group, a London-based issuer of cryptocurrency exchange-traded products (ETPs). This move strengthens Bitwise's position in the rapidly growing digital assets market. 💼

3️⃣ Drift: The team behind Drift, a protocol for trading perpetual contracts on the #Solana blockchain, has unveiled their latest project—BET, a prediction platform designed to bring new opportunities to the crypto community. 🎯

4️⃣ Base: On August 21st, the #Base team will introduce the Basenames domain name system for their Layer 2 (L2) solution, leveraging the Ethereum Name Service (ENS) infrastructure. As part of the launch, base.eth subdomains will be available through a Dutch auction, where prices will gradually decrease over a 36-hour period. 🔗

5️⃣ Weixin.qq.com: China's Supreme Court has officially recognized transactions involving "virtual assets" as a form of money laundering, enshrining this in the nation's legal framework. This marks a significant step in the regulation of digital currencies in China. ⚖️

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