Top Crypto News: 07/08

After making a daily high of $34,878, Bitcoin underwent a correction and is trading at $32,900. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $2,152.

Let’s find out some interesting crypto news in detail for today.

1 – Receives EMI License From Malta Financial Services Authority has declared it has become the first global cryptocurrency platform to receive an Electronic Money Institution (EMI) license from the Malta Financial Services Authority (MFSA). As stated, this EMI license permits to issue cards and offer bank transfers directly to the consumers.

Recently, became the first global cryptocurrency platform to receive a Class 3 Virtual Financial Assets (VFA) License from the MFSA. Hence, this is a major milestone for to provide a secure and compliant crypto trading ecosystem. The co-founder and CEO of, Kris Marszalek, mentioned that the team is looking forward to securing more licenses in every country they operate in. Notably, also secured an Australian Financial Service License (AFSL) in December 2020. Hence, this initiative may stimulate the exponential growth of the ecosystem.

2 – Taps Official Partnership With Boston Celtics

The NBA’s Boston Celtics have announced its partnership with Moreover, the Boston Celtics is a world-renowned brand and 17-time World Champions. Meanwhile, is a fan engagement platform that creates fan tokens on the Chiliz blockchain.

With this collaboration, will have a digital presence on and serve as the team’s website presenting partner. In addition, it will lead to the Celtics’ primary hub for news, updates, video highlights, and information about the franchise. Recently, AC Milan, Barcelona, and other sports organizations also launched their fan tokens with Hence, the Boston Celtics now becomes the latest team to use this platform for fan engagement.

3 – Polygon | Alchemy Partnership to Boost DeFi and dApp Space

The leading blockchain development platform, Alchemy, has announced its launch on Polygon chain (previously Matic). Essentially, Alchemy’s platform is focused on streamlining the process of Ethereum development. In addition, this platform has a suite of development tools, intensified APIs, and superior infrastructure for nodes.

Impressively, Alchemy has supported over $30 billion in transactions in 99% of all countries. With this coalition, Polygon will help to expedite this growth and provide diversified DeFi solutions. Additionally, this will also help Ethereum developers to enhance their current and future dApps by utilizing Polygon’s high-speed, low-cost, and secure infrastructure.

4 – IOI Game Introduced 3000 $IOI Monthly Prize Pools

The IOI Game has introduced a monthly prize pool to reward gamers. The IOI Game named Trade Race Manager is an NFT trading game. This game is centered around the play-to-earn model, which is powered by decentralized finance. Interestingly, racers can win lucrative rewards by purchasing multiple shares in the special race tracks and earn passively.

Additionally, to increase gamers’ rewards, the team has launched a special Premium offer. This offer includes a free NFT car and avatar. As stated, this season will start on July 8 and features $2000 worth of IOI as monthly prize pools. Furthermore, the top 10 racers can also get a chance to win 1000 $IOI.

5 – NFTify | CoinMarketCap Collaboration to Give Away 250,000 N1 Tokens in Airdrop

In the last bit of crypto news for today, we have NFTify collaborating with CoinMarketCap to give away a massive airdrop. As per the tweet, the team is giving an airdrop of 250,000 N1 tokens to early adopters. In addition, these early adopters will get a chance to pre-test the NFTify platform when it is officially launched.

Notably, these N1 tokens can be won by 1000 winners. The team also stated that the NFTify platform will go live on the 14th of July. Further, the adopters can enjoy benefits such as free store setup, zero transaction fees when listing NFTs in N1, rewards for constructive feedback, and more.

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