Aspen Digital
Crypto Exchange Huobi to Delist 7 Privacy Coins, Starbucks Partnership with Polygon
Updated: Sep 14, 2022
Daily Market Wrap
Crypto market cap: 1.03 Trillion, down 2.53%
BTC price stands at USD 22,191, up 1.71%
ETH price stands at USD 1,695, down 2.70%
Top gainer: Solana (SOL), up 7.65%
Top loser: Terra (LUNA), down 24.41%
News of the Day

Huobi to Delist Monero and Other Privacy Coins, Citing Regulatory Pressures
Why it matters:
Huobi will delist seven privacy coins on September 19, namely: Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC) and Horizen (ZEN)
Deposits have already been ceased on Monday and users are urged to cancel open orders for these privacy coins
In efforts to meet compliance policies across over 100 countries, the exchange has ended trading services on its futures, margin, ETP, OTC and trading bot services, and this delisting comes after privacy coins attracting intense scrutiny
Crypto Daily Spotlight

Starbucks Taps Ethereum Scaling Network Polygon for NFT Rewards
Brief introduction: Polygon is a Layer 2 scaling solution on the Ethereum blockchain. Polygon’s proof-of-stake network allows for low fees and a transaction rate of ~65,000 TPS on a side chain, before being finalised on the Ethereum mainchain. Its native utility token is MATIC. Polygon primarily focuses on increasing DeFi tools and applications by connecting blockchains.
Why it matters:
Starbucks plans to offer its customers NFT rewards, which can unlock access to merchandises and events – such as virtual drink-mixing class or a trip to Starbucks’ Costa Rican coffee farm, through Polygon
Customers can earn digital stamps, which will be minted as NFTs, by completing challenges and playing interactive games through its app and can purchase limited NFT stamps from the company
From September 12, customers and partners can join the waitlist to be the first to receive access to the Starbucks Odyssey experience launching later this year
Daily Sector Tracker

Daily News Roundup
Official EthereumPoW ETHW fork date announced https://bit.ly/3xieiCL
El Salvador Launches 2 Debt Repurchase Offers Amid Uncertainty Over Its Bitcoin Bond https://bit.ly/3DkfoSg
Hong Kong's HashKey Receives Approval to Manage 100% Crypto Portfolio https://bit.ly/3DmrDOg
Abra Launching First US Regulated Crypto Bank https://bit.ly/3dadFnU
Layer 1 Blockchain Sui Raises $300M At $2B Valuation https://bit.ly/3quGCho
About Aspen Digital
Aspen Digital is a leading technology and financial services company with a mission to accelerate the mass adoption of digital assets. The company provides a digital asset management solution for asset managers, institutions, and sophisticated investors. Aspen Digital was co-founded by digital assets innovators and asset management veterans at Everest Ventures Group (“EVG”) and TT Bond Partners (“TTB”) in 2021.
For more information, please visit https://www.aspendigital.co/
Sign Up on Aspen Digital
If you would like to know more, please sign up here.