Last Updated : October 03, 2021 / 08:42 AM IST
Top cryptocurrency news on October 3: Major stories on Ethereum, Gary Vaynerchuk and more
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
Ethereum up by nearly 4%
The global cryptocurrency market cap is Rs 157.19 lakh crores, a 1.29 percent decrease over the last day, while the total crypto market volume over the last 24 hours is Rs 7,24,397 crores, which makes a 16.80 percent decrease. Read more here.
Rapid growth and increasing adoption of crypto assets pose financial stability, challenges: IMF
The rapid growth of the crypto ecosystem presents new opportunities, the IMF has said but also cautioned that the digital currency assets pose financial stability challenges. Read more here.
El Salvador is mining bitcoin using energy from volcanos
El Salvador President Nayib Bukele has announced that the central American country has achieved volcano-powered bitcoin mining. According to the breakdown, the country has mined 0.0059 BTC worth $260. Read more here.
In the news
Gary Vaynerchuk’s hand-drawn doodles sell for $1.26 million
Investor and entrepreneur Gary Vaynerchuk’s digital scans of “VeeFriends” hand-drawn doodles were sold for $1.26 million, outselling Andy Warhol and Jackson Pollock at a Christie’s auction in New York, Decrypt reported.