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What’s Going on With Crypto? – August 18th – NFTs for Afghanistan, Proof of Humanity, Proof of Participation, 1inch, PSV Eindhoven, Iran, Untold Festival, Pepe the Frog, John Cena, Bitcoin to $100K

Top 10 crypto stories of today: 

  • Jack Butcher created “Care Package” NFT series for Afghanistan humanitarian aid. It includes 1000 tokens for appx. 0.03 ETH ($87) and 10 for 0.28 ETH aimed to cover one family’s emergency needs for one month. 
  • Vitalik Buterin proposed “proof-of-humanity” or “proof-of-participation” alternatives instead of the existing model of decentralized governance. 
  • 1inch DEX is upgrading to Layer-2 scaling solution Optimism Ethereum. 
  • Dutch football team PSV Eindhoven became the first European sport club to obtain entire sponsorship paid in Bitcoin. 
  • Iranian President urged for establishing a legal framework for the legalization and taxation of crypto trading platforms. 
  • The Untold Festival, one of the biggest European music festivals, will allow buying tickets with EGLD. 
  • Pepe the Frog NFT series called “Sad Frogs District” was delisted from OpenSea because of the notice was filed by the meme’s creator. 
  • WWE wrestler John Cena will get his 1-of-1 Platinum NFT being auctioned this Friday. 
  • Kevin O’Leary claimed that Bitcoin can reach $100K+ after it’s mined sustainably. 
  • OpenSea trading volume hit $1B for the month of August. Also, its search volume on Google reached an all-time-high.

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