CRYPTO UPDATE BY GAINS DISCUSSION

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Crypto News Summary - August 7

General News:
Wirex USA receives license from state of Georgia.
North Korea reportedly using Altcoins to convert $1.5B in stolen funds to cash.
German authorities seize $30 million worth of crypto from pirate streaming site.

Coin Specific News:
Bitcoin averaged over 1 million daily active addresses for the first time since January 2018.
Tokamak Network (TON) will have a public pre-listing auction on Upbit Indonesia on August 11.
Ethereum DeFi’s Balancer surges 25%.
pTokens project launches pNetwork DAO with staking rewards of 42% APR interest.

Exchanges:
Uniswap has closed $11M USD private fundraising round.
Binance says New York banks can now use its Stablecoin after watchdog approval.
CoinDCX becomes first India Exchange to offer users crypto staking.
Bittrex and Poloniex move for summary judgment in market manipulation case.

Cool tech fact:
The number of search queries and interest for ‘Bitcoin’ in Google was the highest in December 2017

Quote of the day:
“Defeat is a state of mind; no one is ever defeated until defeat is accepted as a reality.” – Bruce Lee

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Crypto News Summary - August 8

General News:
— Major South Korean Bank joins the crypto custody business.
Russia is set to create a new regime for tokenized securities.
— Real Estate Blockchain firm Ubitquity to build tokenized title platform.

Coin Specific News:
DeFi platform Compound launches permission-less price oracle
Meter is now listed on Gate exchange.
Ethereum DeFi’s poster child Compound surges 15%.

Exchanges:
Huobi will list Balancer on August 9th.
Binance inches closer to overtaking BitMEX in Bitcoin trading liquidity.
OKEx enters India with peer-to-peer crypto trading platform.

Did you know:
The Money printing happening due to the Coronavirus pandemic?

Cool tech fact:
Bitcoin is almost as big as Bank of America.

Quote of the day:
“The trouble is, you think you have time.” –Buddha

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Crypto News Summary- August 10

General News:
Major South Korean bank, KB Kookmin Bank, joins the crypto custody business.
Chainalysis launches certified investigative partnership program to meet demand for cryptocurrency investigation services.
Facebook goes all-in on finTech with launch of new subsidiary.
Grayscale launches ad campaign, telling investors to move to digital currencies.

Coin Specific News:
ViaBTC founder considering building a new Bitcoin fork inherited from $BCH called Bitcoin Cat.
Japanese Messaging Giant LINE’s LN Token begins tradingon BitMax.
Bitcoin welcomes $12,000 as market cap gains $9 Billion today.
Dai supply hits record $400 million on DeFi momentum.
Yearn Finance (YFI) rallies 55% in one hour after Binance listing.
DeFi token MFT hits quarterly high following 84% rally.

Cool tech fact:
The average TikTok user spends more than 50 minutes per day on the app.

Quote of the day:
"When we are no longer able to change a situation – we are challenged to change ourselves." — Viktor E. Frankl

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Crypto News Summary - August 11

General News:
Russia’s new crypto analytics system to track Dash and Monero.
Facebook unveiled a new group to pursue payments and commerce opportunities.
China’s national blockchain network launched new global portal.

Coin Specific News:
Bitcoin price holds strong above $11,500.
Stafi Protocol will start StakingDrops for Matic, Harmony  and Kava on August 12, 19:00 (UTC+8).
Cypherium announced plan to have a public sale in August this year.
Binance-backed SXP jumps 25% on new products launch.

Exchanges:
DEX protocol Uniswap added nearly 58,000 users in July.
European agency declines deal between Binance's CZ and Union Bank.
Binance will list Serum  as of August 11th
Decentralized exchange 1inch has closed $2.8M USD private fund.

Cool tech fact:
Warren Buffett said in an interview in 2014 that he thinks Bitcoin was nothing more than a “mirage” and just a way to transfer money

Quote of the day:
‘Competing at the highest level is not about winning. It’s about preparation, courage, understanding, nurturing your people, and heart. Winning is the result.” – Joe Torre

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Crypto News Summary - August 12

General News:
Grayscale tells SEC its Bitcointrust rose $1.6b over six months.
IBM executive reveals plans to help banks capitalize on DeFi.
Hong Kong’s Greater Bay area to launch China’s Digital Yuan.

Coin Specific News:
Deposits in ‘monetary experiment’ meme token YAM break $460m.
Numeraire (NMR) is launching on Coinbase Pro on August 17.
DeFi token Serum
surges 1500% in 12 hours after listing.
Ripple partner Flare to launch a new crypto asset for XRP holders.
Compound rallies 35% following YAM farming launch.

Exchanges:
Binance Futures launch MKR USDT-margined perpetual contract with up to 50x leverage.

Cool tech fact:
In 1986, The Legend of Zelda became the first console game that allowed you to save your progress

Quote of the day:
“Losers quit when they fail. Winners fail until they succeed.” –Robert T. Kiyosaki

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Crypto News Summary - August 13

General News:
— CoinMarketCap launches earn program, rewards starting with BAND
— JPMorgan Chase plans to invest US$20 million in ConsenSys

Coin Specific News:
— YAM’s market cap fell to zero just minutes after the co-founder pronounced the yield farming project dead
— Tellor is now listed on Poloniex
— Aragon  gets listed on Binance, OKEx and Huobi on August 13
— Ethereum 2.0 Medalla testnet node is now available on Ankr
— Matic  gets listed on Indodax on August 13th.

Exchanges:
— Coinbase to offer Bitcoin-backed loans to US customers
— Bitfinex will list Fetch(FET) on August 18
— BitMax will list Jarvis Network (JRT) on August 14th
— Crypto Exchange UpBit scores full deck of licenses from Thai SEC

Cool tech fact:
As of January 2018, Bitcoin amounted 34% of the total cryptocurrency market value

Quote of the day:
“One thing’s for sure, if you don’t play, you don’t win.” – Kylie Francis

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Crypto News Summary - August 14

General News:
China to launch major expansion of digital currency trials.
— $600M crypto ad ban class action filed in Australian court.
Singapore’s Central Bank backs new code of practice for crypto companies.

Coin Specific News:
$12K Bitcoin price in sight as retail,. institutional traders turn ‘greedy’
Curve Finance (CRV) gets listed on Binance, OKEx and Huobi on August 14.
Tachyon Protocol (IPX) gets listed on Coinone KRW market on August 14th.
Tron rallies 15% and showing early signs of strong uptrend.

Exchanges:
BitMEX announces mandatory KYC for all users beginning August 28.
Crypto Exchange INX plans $117M US IPO with small Israeli underwriter.

Cool tech fact:
Pop-up ads were created by a man named Ethan Zuckerman more than 20 years ago. In 2014, he issued an apology for creating the ‘internet’s original sin.’

Quote of the day:
“Happiness is not something ready made. It comes from your own actions.” ― Dalai Lama XIV

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