CRYPTO UPDATE BY GAINS DISCUSSION

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Crypto News Summary - July 22

General News:
Banks in US can now offer crypto custody services.
China to strengthen protection of Bitcoin-like cryptocurrencies.
Twitter hackers try to launder funds via P2P and gambling platforms.
Korean government proposes tough new 22% tax on crypto trading.

Coin Specific News:
Avalanche raises $42M in 4.5 hours for its public sale.
Evedo partners up with Tomorrowland around the world.
Ethereum 2.0 final testnet set to launch on August 4.
Tether jumps to $10 billion market capitalization.
Deutsche Telekom's T-Systems is now a Chainlink node operator.

Exchanges:
Binance Futures will launch LEND/USDT perpetual contract with up to 50x leverage.

Cool tech fact:
 As of 2015, 60% of Bitcoin holders were under 35 years age.

Quote of the day:
“The two most important days in your life are the day you’re born and the day you find out why.” – Mark Twain

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Crypto News Summary - July 23

General News:
Visa blog post hints at future digital currency projects.
Apple Inc. co-founder Steve Wozniak sues
YouTube over Twitter-like Bitcoin scam.
Philippines now has 16 cryptocurrency exchanges approved by Central bank.
Twitter explains how 130 of the most opular Accounts Got Hacked.

Coin Specific News:
Kava (KAVA) is now available on Upbit KRW and BTC markets.
Stafi has closed $600K USD private fundraising round.
Kusama (KSM) will get listed on Huobi on July 24.

Exchanges:
Shanghai stock exchange gets greenlight from the CSRC to carry out blockchain pilots.
KuCoin Futures has enabled BCH & BSV perpetual swaps with up to 50x leverage.
Binance lists Maker (MKR) & Dai (DAI) on July 23.
Shapeshift launchesself-custody trading app for Android and iOS users.

Cool tech fact:
As of April 2019, there are 4,518 Bitcoin ATMs worldwide, with the United States being the country with the highest number of Bitcoin ATMs

Quote of the day:
“It’s not about having enough time, it’s about making enough time.” ― Rachael Bermingham

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Crypto News Summary - July 24

General News:
SBI moves into security Tokens as secondary markets pump.
YouTube asks court to dismiss crypto giveaway scam lawsuit filed by Ripple.
Bitcoin Suisse raises $48.6 million Series A, valuing the company at $327 million.
CoinMarketCap says listing BNB as No.1 DeFi Token was ‘human error’.
Swipe Visa Card adds crypto travel booking site’s AVA Token.

Coin Specific News:
Ether leaves Bitcoin behind with 2020 gain of over 100%.
Synthetix (SNX) and Balancer (BAL) will get listed on OKEx.
THORChain (RUNE) got listed on Binance as of July 24.

Exchanges:
Binance enters German market via partnership with crypto investment firm.
OKEx expands its crypto options to daily, two-day, and monthly options.
Binance’s fiat-gateway partner Banxa expanding to US.

Cool tech fact:
As of 2018, supply chain management, digital currency & payments and internet of things (IoT) were the three most common applications of the blockchain in organizations.

Quote of the day:
“Failure isn’t the end of the road. It’s a big red flag saying to you ‘Wrong way. Turn around." – Oprah Winfrey

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Crypto News Summary - July 25

General News:
Ukrainian Ministry plans to track crypto transactions with Bitfury.
Malaysian watchdog plans to extend crypto regulations to wallet providers.

Coin Specific News:
Bitcoin is a form of money in DC, Federal court rules.
Elastos Ethereum sidechain to offer a cross-chain Stablecoin.
Ethereum has surged 15% in 48 hours but a bearish signal just appeared.
Yearn.finance (YFI) got listed on MXC Exchange as of July 25.
Chainlink brings FX rates data from top Korean banks to DeFi.

Exchanges:
Coinbase's latest institutional review reveals it has 35 million customers.
Poloniex adds US election-based trades.
Liquid Exchange confirms asset delistings due to regulatory requirements.
Binance now sending out its debit cards.

Cool tech fact:
Only about 21.05% of cryptocurrencies have been mined, the remaining have been bought by their owners.

Quote of the day:
“Live as if you were to die tomorrow. Learn as if you were to live forever.” – Mahatma Gandhi

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This week in Crypto- week 30

PayPal picked Paxos to supply crypto for new service, sources say.
French central bank picked Accenture, HSBCand others for digital euro pilot.
Bank of Jamaica invited Tech companies to test digital currency solutions.
Russia removed plan to criminalize Bitcoin use from the digital financial assets bill.
BitMEX Owner lead $3.4M round for South African crypto exchange.
Avalanche raised $42M in 4.5 hours for its public sale.
Shanghai stock exchange got greenlight from the CSRC to carry out blockchain pilots.
Apple Inc. co-founder Steve Wozniak sued YouTube over Twitter-like Bitcoin scam.
Ethereum surged 15% in 48 hours.
Binance’s fiat-gateway partnered Banxa expanding to US.
OKEx expanded its crypto options to daily, two-day, and monthly options.

Cool tech fact:
Total Value Locked in DeFi as of July 26 is $3.67B.

Quote of the day:
“Attitude is a choice. Happiness is a choice. Optimism is a choice. Kindness is a choice. Giving is a choice. Respect is a choice. Whatever choice you make makes you. Choose wisely.” ― Roy T. Bennett

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Crypto News Summary - July 27

General News:
Twitch doubles down on crypto, gives subscribers 10% discount.
US Government files fresh charges against PlexCoin ICO Organizers.

Coin Specific News:
Bitcoin price pierces the ultimate $10,500 level.
CryptoCom (CRO) will get listed on BitMax as of July 28th.
Plutus DeFi (PLT) got a premiere listing on KuCoin on July 27th.
Frontier (FRONT) will integrate Stafi (FIS) staking contracts to enable users to obtain staking derivatives (rToken).
The Graph Network announced its incentivized testnet.

Exchanges:
Bitfinex launches Lending Pro.
Bitstamp backs BCB’s SWIFT alternative for instant cash-crypto settlements.
Binance Futures will launch KAVA/USDT Perpetual Contract with up to 50x leverage.

Cool tech fact:
Total value locked in DeFi hits staggering $4,000,000,000 on July 27th  2020.


Quote of the day:
“Dwell on the beauty of life. Watch the stars, and see yourself running with them.”― Marcus Aurelius

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Crypto News Summary - July 28

General News:
Australian state, is exploring regulatory reform for blockchain.
Cryptocurrency hedge fund Tetras Capital shuts down after 75% loss.

Coin Specific News:
Bitcoin soars 12% & smashes crucial resistance.
Polkadot has closed its final sale and announced denomination at 1:100 ratio.
Stafi announced StakingDrop campaign and will distribute 2% of total supply to participants.
Synthetix Token now listed on OKEx.
Tether exchange inflow reached 8-month high as bitcoin rallied to $11K.

Exchanges:
Swiss SIX exchange lists actively managed Bitcoin ETP.
LocalBitcoins further tightens compliance via Elliptic's blockchain monitoring tools.
Israel’s stock exchange launches blockchain platform for securities lending.
Funds from the Bitfinex 2016 hack are on the move

Cool tech fact:
Satoshi Nakamoto, the founder of Bitcoins, is said to own 980,000 BTC

Quote of the day:
“You were born to win, but to be a winner, you must plan to win, prepare to win, and expect to win.” – Zig Ziglar

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Crypto News Summary - July 29

General News:
China dominates 2020 global blockchain patent applications.
Philippines central bank considers issuing its own digital currency.
Aussie exchanges partner with crypto tax firm as ATO eyes traders.

Coin Specific News:
Polyient Games to bring NFT-focused decentralized exchange to Ava Labs’ Avalanche.
Swingby staking with up to 50% APR has been launched on BitMax.
NEM has launched a NEM HUB that rewards users for their contributions.
300,000,000 USDT (299,651,500 USD) minted at Tether Treasury.
DeFi Lender Aave rolls out governance token on path to decentralization.
Theta partner with Ludena Protocol to integrate THETA.tv into the popular Korean gaming app

Exchanges:
BitMax will list TrustSwap (SWAP) on July 30.
Coinbase Custody now supports deposits and withdrawals for Dad ($DAD).
Bitfinex will list Elrond (ERD) on August 17 and will enable ERD staking.
Huobi launches digital asset custody platform.
Binance has launched a fiat-to-crypto trading platform in Australia.
Bakkt Bitcoin Futures smashes records two days running.

Cool tech fact:
Currently, around 18.5 million bitcoin have been mined, leaving under three million more to be introduced into circulation.

Quote of the day:
“Flowers grow back even after the harshest winters. You will too.” – Jennae Cecilia

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Crypto News Summary - July 30

General News:
Malaysia’s Stock Exchange eyes Blockchain for bond market digitization.
Russian crypto scams triple in first half of 2020.
Bank of England is building payments network to support a potential digital Pound.

Coin Specific News:
Elrond (ERD) has started its Mainnet genesis ceremony.
Bitcoin transaction fees surge as demand for the network rockets higher.
Ethereum is the best-performing asset class of 2020.
Cardano introduces proof-of-stake with ‘Shelley’ hard fork.

Exchanges:
Circle is partnering with Genesis Global Trading to build out its USDC yield and lending services.
Binance Futures will launch RLC/USDT perpetual contract with up to 50x leverage.
Diginex’s Equos set to become first crypto exchange listed in US.
BitFlyer and Brave's new partnership to finally let Japanese Users Earn BAT.
eToro announces acquisition to support debit card launch.

Cool tech fact:
 As the creator of Bitcoin is still unknown, some people even say that the coin was created by four companies – Samsung, Toshiba, Nakamichi, Motorola – in collaboration.

Quote of the day:
“The secret of your future is hidden in your daily routine.” – Mike Murdock

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Crypto News Summary - July 31

General News:
Indian government confirms crypto bill is 'awaiting approval'.
Putin signs bill that will prohibit the use of cryptocurrencies for payment in Russia.
Twitter says spear-phishing attack on employees led to breach.
Travel giant CWT pays $4.5 million BTC ransom to cyber criminals.

Coin Specific News:
Bitcoin joins the Alt-season breaking $11k.
FIO Protocol (FIO) got listed on Binance as of  July 31.
XRP is up 30% and has 30 new whales.

Exchanges:
Russian interest in Paxful’s P2P platform surges 350%.
SEC wants to start scrutinizing Binance chain transactions.
Coinbase has released a new list of assets that potentially may be listed on the exchange.
Binance Staking launches locked staking support for IRIS.

Cool tech fact:
34,660,975 was the number of blockchain wallet users worldwide, as of the first quarter of 2019

Quote of the day:
“You will never always be motivated, so you must learn to be disciplined.” –Unknown

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Crypto News Summary - August 1

General News:
Philippines Central Bank mulls CBDC issuance.
Joe Rogan urges 200 million listeners to buy Bitcoin.

Coin Specific News:
Ethereum classic ETC chain experienced a chain reorg of 3693 blocks at block 10904146.
Bitcoin ends July at highest monthly close since 2017 peak.
Ethereum and Bitcoin Whales move $231,000,000 in crypto as Ripple shifts 37,000,000 XRP from Genesis Wallet.
XRP hits $0.26 highest since February.
DeFi market capitalization passed $8 billion
Ethereum rockets to $380 to post 10% one-day surge.

Cool tech fact:
Now 15% of American adults owns crypto.

Quote of the day:
“It’s okay to be a glowstick: Sometimes we have to break before we shine.” – Jadah Sellner

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Crypto News Summary - August 3

General News:
Tel Aviv Stock Exchange to launch Blockchain securities platform.
YouTube bans crypto channel for 'encouraging illegal activities'.
Twitter hacker owns $3.4M in Bitcoin, court sets bail at $725k.
Charlie Lee, Adam Back lead $3.1M private raise for Blockchain game ‘Infinite Fleet’.

Coin Specific News:
Bitcoin holding strong at $11K, but 100 SMA holds the key to start fresh rally.
Ethereum 2.0 Medalla Testnet expected on Aug 4.
Stakingdrops for Polkadot and Tezos will go live on Stafi as of  Aug 4.
Matic pledges $5M in tokens to entice DeFi. projects into building on Its network
DeFi platform Hedget raises seed funding from FBG and NGC.
CryptoCom announced MCO to CRO token swap that will last till November.

Exchanges:
MXC lists FUND in the Assessment Zone . The exchange is also holding a Trading Competition with 86,666 FUND Giveaway.
Huobi hires former banking giant executive to lead new DeFi fund.


Cool tech fact:
 As of August 3, 2020 Bitcoin's market cap was bigger than Intel or Coca-Cola

Quote of the day:
“You can only become truly accomplished at something you love. Don’t make money your goal. Instead pursue the things you love doing and then do them so well that people can’t take their eyes off of you.” ― Maya Angelou

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Crypto News Summary - August 4

General News:
Government-owned Swiss bank is launching crypto trading and custody services.
SEC wants to buy a blockchain forensics tool for monitoring smart contracts.
Russia’s biggest bank to launch its own stablecoin.

Coin Specific News:
MiLk will get listed on KuCoin on August 6.
Serum initial exchange offering will take place on FTX and BitMax on August 7.
Avalanche partners with Whiteblock to optimize Blockchain security and performance.
Polkadot  trading & staking to be enabled on BitMax after DOT transfers enabled.
Matic partner Bluzelle to enable decentralized storage for Matic DApps.
Verasity’s VeraWallet to offer DeFi services to its users.

Exchanges:
Coinbase Custody now supports deposits and withdrawals for Celo.
Bitfinex offers up to $400M reward for return of 2016 stolen BTC.

Cool tech fact:
About 75% of people have no idea what an initial coin offering (ICO) is

Quote of the day:
“The key to success is to start before you are ready.” – Marie Forleo

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Crypto News Summary - August 5

General News:
Coca-Cola embraces DLT and Ethereum for supply chain efficiency.
India to ban trade in cryptocurrency, government working on a law.

Coin Specific News:
Theta protocol integrates Microsoft PlayReady industry.
Geeq will have a premiere listing on BitMax on August 6.
Verasity has updated its Esports fight club tournament Site.
Ethereum transaction fees fall by 75% as congestion eases.
2key network launches 2key Reputation Mining V1, a token economy based on reputation.

Exchanges:
Coinbase Wallet supports crypto blockchain domains via Unstoppable Domains.
Binance will host The Sandbox (SAND) Initial Exchange Offering on August 14.
CoinList will host Near Protocol token sale as of August 11.

Cool tech fact:
The Finance sector, with over 60% market capitalization, is at the top of the list of industries investing in and utilizing the benefits of blockchain.

Quote of the day:
“You can’t let your failures define you. You have to let your failures teach you.” – Barack Obama

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Crypto News Summary - August 6

General News:
NBA top shot launches P2P marketplace for collectible tokens.
Goldman Sachs eyes own token as bank appoints new head of digital assets.
Chinese Commercial Banks test a CBDC-linked digital wallet.

Coin Specific News:
Bitcoin eyes $14K as US Dollar Breaks Below Classic Support.
Ethereum classic suffers second 51% attack in a week.
Band Protocol is launching on Coinbase Pro.
PCHAIN price is up 190% after token burn announcement.
Stafi Protocol has started StakingDrops for Cosmos (ATOM) and Kusama on August 6.

Exchanges:
OKEx launches Indian P2P trading platform despite legal uncertainty.
IDEX raises $2.5m to rebuild hybrid exchange for algorithmic traders.
Binance Staking launches locked staking support for LTO.

Cool tech fact:
As of January 2019, the Bitcoin mining reward was 12.5 BTC per block

Quote of the day:
“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.” – Bill Gates

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