Payments Company Revolut Opens Crypto Services to Australia – September 3

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $10,821

Bitcoin has dumped down below $11,000 support overnight, following an apparent inflow of Bitcoin to exchanges yesterday.

Top-20 altcoins have not fared well, as Ethereum drops 7%, XRP falls 5%, and Chainlink takes a big 10% hit. TRON and NEM are the only positive performing coins, with gains of 8% and 4%, respectively.

Top Stories for September 3, 2020 πŸ”₯

πŸ‘‰ Payments Company Revolut Opens Crypto Services to Australia

Popular payments company Revolut has officially released its cryptocurrency buy and sell services to Australian residents.

Users of the app will now be able to exchange any one of 27 different fiat currencies to 6 cryptocurrencies including BTC, ETH, LTC, BCH, XRP and XLM.

Revolut opened fiat services in Australia just last month, following success in the UK and more recently in the US.

πŸ‘‰ EFF Demands Coinbase Transparency Regarding Government Requests

The Electronic Frontier Foundation (EFF) has requested that Coinbase begin to release regular transparency reports, regarding government requests for user data.

The request comes following concern that cryptocurrency exchanges are giving up user information to government agencies without a warrant – without users knowing.

πŸ‘‰ Smart Contract Auditors Find 10 Flaws in SushiSwap

Quantstamp, a prominent smart-contract auditing firm, has published its security review of SushiSwap – the most recent yield-farming craze in the DeFi boom.

The review came back with 10 uncovered flaws, however only two of these were considered “medium risk”.

Despite being previously unaudited, the project managed to reel in a jaw-dropping $1.4 billion in total locked value since its inception.