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πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price: $47,726

Bitcoin price spiked rapidly to $50,000 early this morning, only to return to recent lows in the $47,000 range.

Top-20 altcoins have not performed well during the volatility, as Ethereum drops 6%, Solana tumbles 7% and XRP falls 9%.

Top Stories for December 10, 2021 πŸ”₯

πŸ‘‰ Binance Looks To Open Exchange In Indonesia With PT Bank

Major cryptocurrency exchange Binance is reportedly looking to open an exchange in Indonesia, in partnership with PT Bank Central Asia and PT Telkom.

PT Bank Central Asia is Indonesia’s third-largest bank in terms of total assets and may establish the Binance partnership via one of its entities.

Binance has already made some moves in Indonesia, including last year’s acquisition of Tokocrypto, which has plans to go public in the near future.

πŸ‘‰ Amazon Web Service Outage Triggers Doubts Over dYdX Decentralization

dYdX, a high-volume decentralized exchange, was forced to halt operations for several hours earlier this week due to an Amazon Web Service (AWS) outage.

The outage led to some criticism and doubts about the true degree of decentralization of the platform, with dYdY developers only vaguely describing that some parts of the exchange rely on the centralized service.

πŸ‘‰ ConsenSys-Backed Firm Releases Play-To-Earn Poker Game

Virtue Gaming, a firm backed by blockchain software company ConsenSys, has launched a β€œplay-to-earn” poker game, allowing amateur players to win cash prizes.

The game is the only blockchain-based one of its kind to be licensed by the Malta Gaming Authority and seeks to enable US players to play against players from around the world.

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