Bitcoin price underwent a sharp correction today. At the time of press, Bitcoin is trading close to close to $32,200. The second-largest cryptocurrency, Ethereum, after making a daily high of $1,373, is now trading at $1,337.
Let’s find out some exciting crypto news for today
Galaxy Digital Set To Launch Ethereum Fund for Institutional Investors
The crypto investment firm Galaxy Digital, led by Mike Novogratz, is planning to launch their Ethereum Fund. According to the news, the firm will launch this fund to get exposure of institutional investors to Ethereum.
Moonbeam integrated with Ocean Protocol to empower users to use Ocean’s tools in the Polkadot ecosystem. Furthermore, this integration will allow users to publish data, stake, and buy data in the Polkadot ecosystem.
Elrond Network announced its integration with Binance Smart Chain for an interoperable DeFi ecosystem. According to the tweet, this integration allows any DeFi asset issued on one chain to be able to take advantage of opportunities on the other chain due to the mechanism of wrapped tokens.
Enjin announced the upcoming launch of NFT.io for the future of the NFT marketplace. As per the tweet, this marketplace is for new innovators and creators. Furthermore, it has features like instant and free transactions, scalable blockchain infrastructure, zero-fee minting, and more.
Election Commission of India Planning To Launch Blockchain Technology for Remote Voting
India is planning to launch blockchain technology for remote voting. According to a press release by the country’s Election Commission, they have collaborated with IIT-Madras to design this remote voting system. Additionally, RBI also forethought to launch its own digital currency.
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