Cryptocurrency Market News Digest

09.08.2021–15.08.2021

We’re continuing our tradition: every week we will be publishing a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 09 through 15 of August.

• Bitcoin hits $48,000 for the first time since May, Ethereum hits $3300.
• A hacker steals $611 million from Poly Network seemingly for fun, returning the money shortly after.
• Audit confirms USDT is properly backed by assets.
• The US Senate has not reached a compromise regarding the cryptocurrency tax plan.

Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!