Crypto Market Overview August 2nd | Dex-Trade

Crypto Market Overview August 2nd | Dex-Trade

Rock band Muse to release next album as NFT

A resounding success in the early 2000s, Muse announced that they would release a new album in the form of NFT. We learned about this from the official Twitter of the performers. The release of the album Will Of The People is scheduled for August 26, 2022. This will be Muse's ninth studio album. The record will be released as NFT tokens on the eco-friendly Serenade platform. The circulation of tokens from Muse will be 1,000 pieces. One NFT will cost $24.5. For this money, the buyer will receive a downloadable version of the album in FLAC format with high resolution. It will contain the digital signatures of the group members. In addition, the names of each of the 1,000 buyers will be listed on a special list tied to the release. A good chance for true Muse fans to leave their mark on the history of their favorite band, isn’t it? 


Israel is preparing a new regulatory framework regarding cryptocurrencies

On August 1, Israel passed a law recommending the use of alternative digital payment methods. The law also prohibits transactions in cash and bank checks in large amounts. Information about this came from the representative of the Tax Administration of the country Tamar Bracha. The reform is aimed at combating organized crime, money laundering and tax evasion, the fiscal authorities said. Since the entry into force of the law, cash business transactions worth more than 6,000 shekels ($1,700) are prohibited. Trade between individuals will be limited to 15,000 shekels ($4,360). Anything above this limit must be processed using alternative digital payment methods. This reform is also part of the preparations for the launch of the digital shekel - Israel does not intend to lag behind the rapid development of the digital economy and loans. The crypto community finds this trend extremely favorable and positive for the digital currency. For example, popular crypto blogger Lark Davis commented on the event, saying that Israel is “not the first and not the last country to introduce such restrictions.” From Monday Israel will ban cash payments over $4,400! That means you cannot pay cash for a used car, designer bag, or any other higher ticket item.  Not the first or last country to introduce such restrictions.  Got #bitcoin? — he wrote. 


In Brazil, a military police officer was caught cheating with cryptocurrency for 1 million reais

A fraudster cop found in Brazil. Has cryptocurrency eclipsed common sense and turned into an obsession? The police officer, military police officer Corporal Francisco de Assis Jesus de Oliveira, was detained on charges of fraud with cryptocurrencies. The incident took place in the Brazilian city of Goiania. The prosecution says that the suspect promised a profit of up to 30% per month from investments in the crypto asset market. Thus, he deceived his colleagues, who gave him money for cryptocurrency trading. Not having received what was promised, a class action lawsuit was filed against the policeman. The victims said that about a year ago, the officer considered himself a crypto expert and began to give colleagues advice and recommendations on investing in digital currencies. After that, he offered to participate together in a crypto project he created on an online platform based in the UK. Francisco de Assis Jesus de Oliveira promised to take all possible risks. However, after making several payments, he stated that the money was blocked on the platform for technical reasons. Lawyer representing the interests of the victims Rubens Barbosa said that 23 police officers became victims of fraud. The detainee admitted that by deceiving colleagues, he received illegal profits in the amount of about 1 million Brazilian reais. At the time of publication of the news, this is approximately $190,000.