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Decentralized Exchange Volume Rose 160% in August to $11.6B, Setting Third Straight Record
1.9.2020
Only two decentralized exchange protocols reported a drop in volume during August
First Mover: Rookie YFI Token Jumped 8-Fold in August as DeFi Dominated
1.9.2020
Yearn.finance's YFI token, which looked like another inside DeFi joke when it launched in July, dominated the August return rankings
Coin Race: Top Winners/Losers of August; Chainlink Up Most, BSV Least
1.9.2020
Was August a good month? Depends on which coin you ask. For many in the wider market, it was an excellent month, yet for many in the top 10 coins by market capitalization, the month ended in red.
August was a month filled with decentralized finance (DeFi) developments, particularly in the yield...
US Stocks Closing on Bigger August Gain Than Bitcoin
31.8.2020
While bitcoin is eyeing an August gain for the first time in three years, the cryptocurrency is still lagging U.S. stocks over the month
Chainlink Doomsday Predictions: Zeus Capital Warns Investors Not To ‘Get Fooled’
31.8.2020
Zeus Capital has doubled down on its doomsday predictions on Chainlink (Link). It is now warning investors: “don’t get fooled… exit your positions before its too late.” The asset management firm’s involved assessment follows a sharp decline in the price of Link in...
Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held
31.8.2020
A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL)...
Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified
30.8.2020
Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending...
3.5 Million Crypto Wallets Downloaded in July, Active Users up 110% in the Year
29.8.2020
A record 3.5 million crypto wallet app downloads were recorded in July 2020, representing an increase of 81% when compared to the same period last year. In addition, the number of active users went up by 110% between January 1 and August 19, 2020. According to a report authored by Madeline Lenahan...
As Gold Prices Soar, Two Gold-Backed Tokens See Increased Demand Fetching Premiums
28.8.2020
The last few months have bolstered the price of the precious metal gold as governments worldwide have created tremendous amounts of debt and inflation. For instance, the value of gold per ounce jumped over $2k during the first week of August. Meanwhile, similarly to the physical counterparts,...
Bittrex Global Announces Listing of Sensorium (SENSO)
26.8.2020
Los Angeles, California, August 25th, 2020 – The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts. Developed...
Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License
26.8.2020
The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi...
Bitcoin News Roundup for Aug. 25, 2020
25.8.2020
With bitcoin still under $12K and Aave pulling ahead of MakerDAO, CoinDesk's Markets Daily is back for your latest crypto news roundup!
P2P Cryptocurrency Exchanges in Africa Pivot: Nigeria and Kenya the Target Markets
25.8.2020
Leading cryptocurrency exchanges are bullish about Africa’s growth prospects as evidenced by their ongoing forays into the continent. During the month of August, Kucoin crypto exchange announced the addition of Nigeria’s naira currency as a payment option on its peer-to-peer platform....
INX Limited Announces Effectiveness of Security Token IPO
23.8.2020
23rd August, 2020, NEW YORK, United States – INX Limited announced that the Securities and Exchange Commission (SEC) has declared as effective its registration statement on Form F-1 filed in connection with the initial public offering (the “Offering”) of up to 130 million...
Law Decoded: Blockchains and the Eastern Bloc, August 14–21
21.8.2020
As protests rage in Belarus and Alexei Navalny remains in a coma, we look at new developments in crypto across the former USSR
Market Wrap: Bitcoin Breaks $11.8K; BTC in DeFi Doubles in August
20.8.2020
Bitcoin price is on the upswing as the amount of the world’s oldest cryptocurrency locked in DeFi jumps
Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations
20.8.2020
There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule....
South African Regulator Pressures Bitcoin Investment Company, Urges Clients to Request Refunds
19.8.2020
An embattled bitcoin investment company, Mirror Trading International (MTI)’s troubles took another twist August 18 after the South African regulator, Financial Sector Conduct Authority (FSCA) said that it is investigating the investment company. MTI’s latest conflict with the regulator...
Report: Bitcoin Untied from the Economic Cycle, ‘Largely Uncorrelated to Other Asset Classes’
19.8.2020
On Tuesday, Coinshares Investment strategist James Butterfill published a report which shows that bitcoin is a unique asset, but is “largely uncorrelated to other asset classes” like commodities and traditional stocks. Coinshares Investment strategist James Butterfill published a...
ClinTex’s Ongoing CTi Presale Gives Unparalleled Access to the $350bn Medical Trials Market
17.8.2020
Bitcoin Press Release: ClinTex announce details of their CTi Token Presale, which will give participants access to the $350bn/year Clinical trials market with a 50% price discount until 25th September 2020. 17th August 2020, London, United Kingdom – With the current global pandemic sweeping...