Crypto Market Highlights September 1, 2022

Crypto Market Highlights News Of The Day

MicroStrategy, Michael Saylor Sued For Tax Fraud

DC Attorney General Karl A. Racine announced on August 31 that he is filing civil charges against cloud software company MicroStrategy and its president Michael Saylor for years of tax fraud. For more specific information, you can read the article below:

Luxury Brand Hermès Has Filed A Trademark Application For Crypto, NFT And Metaverse

Recently, luxury fashion house Hermès trademarked its name and planned to expand into the crypto, NFT, and Metaverse sectors. More and more fashion brands are participating in the NFT and metaverse race because it brings a significant source of revenue for these popular brands. For more specific information, you can read the article below:

Indonesia’s Tech Giant GoTo Acquires A Crypto Platform For $8.4 Million

PT GoTo Gojek Tokopedia (GoTo), one of Indonesia’s tech behemoths, is said to have acquired local cryptocurrency exchange PT Kripto Maksima Koin for 124.84 billion rupiahs ($8.4 million). According to the company, the arrangement aligns with its goal of becoming “a diverse money management hub.” For more specific information, you can read the article below:

Opensea Only Supports NFT On Upgraded Ethereum PoS Chain

OpenSea, the largest non-fungible token (NFT) marketplace, plans to exclusively support NFT based on a proof-of-stake version of the Ethereum blockchain once the Consolidation is complete. For more specific information, you can read the article below:

Socios.com Achieves 4-Year Argentine Football Association Agreement

Fan token issuance platform Socios.com has extended its agreement to provide ARG tokens to the Argentine Football Association (AFA) for the next four years. For more specific information, you can read the article below:

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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