BitMEX to Implement KYC Procedures at End of Month – August 14

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $11,738

Bitcoin price has rallied back into the high $11,000s, tapping the $11,800 mark last night.

Top-20 altcoins have flourished today, with Ethereum rallying 9%, XRP 6%, and TRON leading the way with a 20% gain.

Top Stories for August 14, 2020 πŸ”₯

πŸ‘‰ BitMEX to Implement KYC Procedures at End of Month

Popular crypto futures exchange BitMEX has announced that it will be rolling out its new KYC program at the end of the month.

As of August 28, all customers will be asked to complete ID checks within the next 6 months. The move aims to make the exchange more transparent and supportive of regulators, enabling the exchange to operate legally in more jurisdictions.

πŸ‘‰ Wnklevoss Twins Walk Barstool’s Dave Portnoy Through Buying BTC

David Portnoy, founder of Barstool Sports, has hosted Gemini’s Winklevoss twins in a widely-posted video in which he was taught how to buy Bitcoin and Chainlink.

Portnoy had publicly invited the Winklevoss twins to educate him on the subject via Twitter, earlier in the month.

The video has more than half a million views on Twitter alone so far, less than a day after being posted.

πŸ‘‰ BBC Plans Dr. Who Trading Card Game on Ethereum

BBC Studios has reportedly issued a license to a mobile game publisher in the UK, enabling them to develop a blockchain-based trading card game for its show, Dr. Who.

Fans will be able to trade unique digital versions of characters from the show on the Ethereum blockchain, in the form of non-fungible tokens.