9 June 2021 -Crypto Market, BlockChain, Token News

Japan Crypto Masters
2 min readJun 9, 2021

1.El Salvador is the first country that approves bitcoin as legal currency

El Salvador has become the first country to approve Bitcoin as the official currency. The El Salvador Congress on June 9 approved a bill making Bitcoin a legal tender in the country. The announcement was made by El Salvador President Nayib Bukele through Twitter.

He also announced that people who invest in Bitcoin in El Salvador will get the country citizenship. People investing three Bitcoins in the country’s economy will be given citizenship by the government.

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2.The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

Torum, the first DeFi, and NFT-infused crypto social media platform is now going to launch an NFT launchpad that is designed with cross-chain interoperability. The integration of the NFT feature will enable projects to raise funds from a community of over 56,000 cryptocurrency users and investors.

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3.Original Dogecoin Meme To be Auctioned as NFT on Zora Marketplace

Atsuko Sato, the Japanese kindergarten teacher behind the Doge meme, announced that the “meme of the decade” will be auctioned as a non-fungible token on June 8 on the Zora marketplace. And funds from the auction will be donated to charity. Know Your Meme, an encyclopedia of online memes will curate the event. The Doge meme started with Sato sharing photos of Kabosu, her adopted female Shiba Inu dog, which inspired the creation of Dogecoin

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4.Binance NFT to launch with “100 Creators” to showcase regional talents

On June 24, Binance NFT will launch with an inaugural “100 Creators” program that features content from local artists and creators from around the world.

As part of our initiative to spotlight diverse voices and perspectives, “100 Creators” will be part of Binance NFT’s “Trading Market”, which features content from regional talents and everyday creators.

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5.Tech Advisor Of White House, Tim Wu Holds $1 Million In Bitcoin

It is collected by Politico that Joe Biden’s tech advisor, Tim Wu, owns between $1 million and $5 million in bitcoin and also $100,000 and $250,000 in filecoin, The Report says His bitcoin investment is the largest holding in his financial portfolio. This means that about 25 to 43% of his assets worth is between almost $4 million and $11.5 million, owning around 29 to 146 bitcoins . He sees Bitcoin as a store of value and good enough for investments.

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