CRYPTO UPDATE BY GAINS DISCUSSION

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Crypto News Summary- June 08

General News:
Thousands of bank accounts of crypto OTC traders in China’s Guangdong are frozen by local police.
Saudi Arabia's central bank injects liquidity in local banks via blockchain.

Coin Specific News:
— Almost 120,000 Ethereum wallets that hold >32 $ETH are ready for staking.
Bitcoin hashrate bounces back to 120 EH/s
Ethereum's network fees surpassed Bitcoin's.
Chainalysis announces investigation and compliance support for Dash and Zcash.
LTO Network will introduce the new token economy at the end of June.
Ankr has enabled PCHAIN public node hosting on its platform.
— The Turkish stablecoin BiLira will launch on AVA.

Exchanges:
BitMax invites pro traders to its Copy Trading service with a chance to share $1M USD prize pool.

Cool tech fact:
SpaceX was the first private company to launch a payload into orbit and return it to Earth intact

Quote of the day:
“The first step toward success is taken when you refuse to be a captive of the environment in which you first find yourself.” – Mark Caine

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[ShadowCrypto]

Bitcoin acting like a girl when you ask her what she wants to eat. No clue what she wants. Sometimes you just have to tell her where you're going and to check the menu in the car.

[LogiC]

Crypto News Summary - June 9

General News:
— More than 2,000 Coca-Cola vending machines across Australia and New Zealand now accept bitcoin
Chinese state-owned media CNR just reported that Binance still operates illegally in mainland China.
ConsenSys is launching a DeFi-focused compliance service.

Coin Specific News:
Ethereum co-founder’s firm starts compliance service for tokens.
MakerDAO community greenlights first 'real-world' assets for use as collateral.
— Band Protocol (BAND) will get listed on BitMax on June 10th.
RiveX (RVX) introduced its staking program League of Stakes with up to 62% APR.

Exchanges:
Bitfinex will be performing a system upgrade on Wednesday, June 10th
Binance adds KAVA to margin trading. Trade KAVA to win a Tesla Cybertruck and $27,800 in KAVA Tokens.

Cool tech fact:
The first Bitcoin exchange is Bitcoinmarket.com

Quote of the day:
 “Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.” —Albert Einstein

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Crypto News Summary - June 10

General News:
Microsoft releases Bitcoin-based ID tool as COVID-19 tracing draws criticism.
Chinese Stakeholders don’t want to share their personal data with government run Blockchains.

Coin Specific News:
Ethereum txn fee shot up to $2.63 mn in a single hour, thanks to one transaction.
Libra Association hires Credit Suisse exec as chief compliance officer.
Filecoin (FIL) will launch incentivized testnet in July.
Kava will launch its DeFi lending platform as of June 10.

Exchanges:
66% of Coinbase users willing to leave the exchange due to mounting privacy concerns.
Galaxy Digital and Bakkt unveil joint trading and custody service for institutional investors.
KuCoin’s PoS mining platform Pool-X will offer ATOM and KSM soft staking with 9-10% APR.
Coinbase has released a list of assets that potentially may be listed on the exchange.

Cool tech fact:
A bug led to the accidental creation of 184 billion BTC in 2010. A developer fixed the error within 5 hours of its occurrence by releasing a patched Bitcoin client (version 0.3.10) which ignored the excess coins

Quote of the day:
 “Live with purpose. Don’t let people or things around you get you down.” —Albert Einstein

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Crypto News Summary - June 11

General News:
India to digitize cargo trade documents using CargoX Blockchain platform
South Korean insurance giant to use Blockchain tech for mobile messages.
Mutual fund giant , Vanguard wraps phase 1 of digital asset-backed securities pilot.

Coin Specific News:
Bitcoin spiked to $10k as Fed confirmed near-Zero interest rates.
Credits announces partnership agreement with Axcess, a British bespoke payment solution provider.
80% of Ethereum in supply now profitable.
Maker (MKR) is now available on Coinbase.

Exchanges:
Binance to launch Quarterly Bitcoin futures
MXC exchange will host its third public token sale on June 12.

Cool tech fact:
There are fewer bitcoins than millionaires in the world. According to a 2017 report by Credit Suisse, there are 36 million Dollar millionaires in the world. As there are only around 17 million bitcoins in existence out of a future total of just under 21 million.

Quote of the day:
 “Never give up on what you really want to do. The person with big dreams is more powerful than one with all the facts.” —Albert Einstein

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Crypto News Summary - June 12

General News:
New York Times trials blockchain system to combat misleading pictures.
Belarus bank announces upcoming token pilot program.
Chinese investors secretly buying Bitcoin helped fuel Tether’s $5 billion surge.
India is looking to introduce a new law to ban cryptocurrencies.

Coin Specific News:
Bitcoin remains poised to see explosive rally to $11,000 despite recent plunge.
Presearch to get listed on KuCoin. Listing campaign will run from June 15, 2020 to June 22, 2020.
Standard Tokenization Protocol (STP) says Alita will be the next MTO on June 10th.
TomoChain launches the first Turnkey DEX Protocol.  Tomochain (TOMO) has also been added to Metal Pay's  Marketplace.
Tezos and Algorand integrate tech for anti-money laundering compliance.

Exchanges:
Gemini plots Singapore expansion with appointment of new Asia director.
BitMax has launched LTO Network (LTO) staking with 8.28% APR.

Cool tech fact:
There are around 70 forks of Bitcoin. At least 70 altcoins have forked off from Bitcoin. The most well-known are Bitcoin Cash (BCH) and Bitcoin Gold (BTG)

Quote of the day:
 “Try not to become a man of success, but rather try to become a man of value.” —Albert Einstein

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Crypto News Summary - June 13

General News:
IBM pilots Blockchain solution for primary teachers' pensions in Bangladesh.
United States sees record trading on P2P plaforms.
Wilshire Phoenix just filed with SEC for a tradeable Bitcoin fund.
Twitter reinstates Zerohedge after admitting it made an "Error"

Coin Specific News:
Ethereum poised to rally as options volume its fresh all-time high.
Investors expect Bitcoin price to rip to $11,000 before the Nasdaq hits 11k
ETH Miners will have little choice once Ethereum 2.0 launches with PoS
KNC’s KyberSwap integrates Chainlink for enhanced price feeds.
Ripple building XRP payments corridor in Brazil.

Exchanges:
KuCoin targets Latin America and Eastern Europe with new fiat on-ramps

Cool tech fact:
In 2014, the GHash.io (GigaHash) pool achieved 51% of total Bitcoin hashrate

Quote of the day:
 “Hail to the man who went through life always helping others, knowing no fear, and to whom aggressiveness and resentment are alien” —Albert Einstein

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[LogiC]

This week in Crypto- week 24

Saudi Arabia's central bank injected liquidity in local banks via blockchain.
Binance added KAVA to margin trading. Trade KAVA to win a Tesla Cybertruck and $27,800 in KAVA Tokens.
Microsoft released Bitcoin-based ID tool as COVID-19 tracing draws criticism.
Galaxy Digital and Bakkt unveil joint trading and custody service for institutional investors
Coinbase has released a list of assets that potentially may be listed on the exchange.
India to digitize cargo trade documents using CargoX Blockchain platform
Binance to launched Quarterly Bitcoin futures.
MXC exchange hosted its third public token sale on June 12.
New York Times tried blockchain system to combat misleading pictures.
Belarus bank announced upcoming token pilot program.
IBM piloted Blockchain solution for primary teachers' pensions in Bangladesh.

Cool tech fact:
Bitcoin private keys are integers between 1 and 10⁷⁷

Quote of the day:
"You will never get to the end of the journey if you stop to shy a stone at every dog that barks." — Winston Churchill

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Crypto News Summary - June 15

General News:
The Bank of Korea has formed an advisory group to assess a potential CBDC launch from a legal standpoint.
China report claims a hacked crypto-exchange is behind three abnormal multi-million Ethereum (ETH) fees.

Coin Specific News:
LTO Network (LTO) has released some key upcoming events for the summer period.
Bitcoin price dives under $9,000 as S&P 500 starts week off blood red.
Ripple to expand on-demand liquidity to Brazil ‘very soon’.
Ethereum just saw technical breakdown and it could retest $200
CME Bitcoin Options market grew 10x in the past month.

Exchanges:
Binance Futures will launch ALGO/USDT perpetual contract with up to 50x leverage.
BitMax joins Orion's latest DeFi initiative to monetize exchange liquidity through staking.
OKEx taps Paxful to  provide new fiat-to-crypto on ramps.

Cool tech fact:
Since 2017, Bitcoin has had higher annual transaction values than PayPal

Quote of the day:
 “Courage is what it takes to stand up and speak; courage is also what it takes to sit down and listen” —Winston Churchill

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Crypto News Summary - June 16

General News:
Thailand's government to issue savings bonds to the public via blockchain.
Capital One patented artificial intelligence (AI) system would save human crypto traders from potential pitfalls.
ConsenSys is being backed by Binance and Huobi to test its new “staking-as-a-service” offering.
Kazakhstan seeks to attract $740 million crypto investment in three years.
Quant have partnered with Oracle as a Fintech Partner delivering Financial Services Infrastructure to Oracle clients.

Coin Specific News:
Bitcoin retargets $10,000 on Fed’s corporate bond-buying program.
MakerDAO, Lightning Labs are in World Economic Forum’s list of tech pioneers for 2020.
Eidoo (EDO) token will be upgraded into PNT on June 18.
COTI (COTI) has released an updated roadmap till the end of 2020.

Exchanges:
Kraken will enable Polkadot (DOT) staking with up to 20% APR.
BitPay launches prepaid crypto Mastercard for US customers.
KuCoin’s PoS mining platform Pool-X will be the first platform to offer Zilliqa (ZIL) staking.

Cool tech fact:
A Bitcoiner advertised Bitcoin during former Fed Chair Janet Yellen’s speech.

Quote of the day:
 “You never can tell whether bad luck may not after all turn out to be good luck.” —Winston Churchill

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Crypto News Summary - June 17

General News:
Mauritius releases guidance for regulated security token offerings.
South Korea’s finance minister confirms plan to tax cryptocurrency.
Ledger and CoinShares have launched digital asset custodian Komainu.
Thailand to raise $6.4M With sale of Blockchain-based bonds.
China is considering East Asia Regional Cryptocurrency to rival Dollar and Libra

Coin Specific News:
Compound Governance Token is now available on Poloniex.
Number of Ripple whales spikes to new all-time high as XRP eyes $0.20.

Exchanges:
Binance Futures will launch ZIL/USDT perpetual contract, with trading opening at 2020/06/18 09:00 AM (UTC).
BitMax will list BetProtocol (BEPRO) on June 18.
KuCoin partners with PayMIR to makes crypto purchase with RUB possible.

Cool tech fact:
Bitcoin mining consumes about as much energy as a mid-size country

Quote of the day:
 “Employ your time in improving yourself by other men’s writings so that you shall come easily by what others have labored hard for” —Winston Churchill

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[LogiC]

Crypto News Summary - June 18

General News:
Singapore’s first carpooling app, will now let customers pay for rides with bitcoin.
Tokyo Power Company to use Blockchain for trading electricity surplus.
Thailand’s Central Bank unveils plans for national digital currency prototype in July.

Coin Specific News:
Origin (OGN) got listed on Huobi as of  June 18.
Telos to support Ethereum-compatible smart contracts on its network.
Coinbase Pro announces support for Compound's DeFi Token COMP
VeChain (VET),  and Zilliqa (ZIL) target key resistance level to resume rally.

Exchanges:
Binance joins Indian Internet Association amid regulatory uncertainty.
Bitfinex granted 2 of 3 subpoenas in hunt for missing millions.
BitMEX parent company collaborates with OKCoin in $150,000 Bitcoin grant.

Misc
Russia officially lifts its two-year Telegram ban.

Cool tech fact:
Japan is making all of the medals for the 2020 Tokyo Olympics out of discarded smartphones and laptops.

Quote of the day:
“All our dreams can come true, if we have the courage to pursue them.” —Walt Disney.

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Crypto News Summary - June 19

General News:
EY launches crypto app that helps with tax filings.
Reddit seeks scaling solution for Ethereum-based community points.
Austrian Gov't pilot aims to Secure COVID-19 communications with Blockchain tech.
French Fintech firm announces $78.5M Paris real estate tokenization deal.
Singapore to explore central bank digital currency with China.

Coin Specific News:
Filecoin is now available for trading on Poloniex.
Tether’s supply on Compound jumps to over $224M in a week.

Exchanges:
Binance launches 23rd phase of Binance Savings products STPT and ARPA with up to 18% APR
FTX exchange has enabled Compound (COMP) futures and perpetual swap.
KuCoin’s PoS mining platform Pool-X will launch Harmony (ONE) staking on June 22.

Cool tech fact:
Bitcoin’s blockchain is beamed to the whole world via satellites

Quote of the day:
“Smart people learn from everything and everyone, average people from their experiences, stupid people already have all the answers.” – Socrates

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Crypto News Summary - June 20

General News:
Blockchain tech fuel medical tourism in South Korea.
U.S. SEC chair Clayton nominated to oversee crypto regulatory.
Thai Central Bank taps cement company for first digital currency payments.

Coin Specific News:
Ethereum 2.0 to affect DeFi and DApps with PoS introduction.
Bitcoin CME COT report hints at short positions increasing soon.
Ethereum DeFi is “going parabolic" but ETH isn’t Following.
60% of Bitcoin Options open interest expires in 6 days.
Arweave to get listed on Gate crypto exchange.

Exchanges:
MXC exchange will list dForce (DF) as of June 20

Cool tech fact:
Satoshi Nakomoto disappeared right after Gavin Andresen went to the CIA

Quote of the day:
“The same boiling water that softens the potato hardens the egg. It’s what you’re made of. Not the circumstances.” – African Proverb

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[LogiC]

This week in Crypto- week 25

The Bank of Korea formed an advisory group to assess a potential CBDC launch from a legal standpoint.
BitMax joined Orion's latest DeFi initiative to monetize exchange liquidity through staking.
OKEx tapped Paxful to provide new fiat-to-crypto onramps.
Thailand's government to announced to issue savings bonds to the public via blockchain.
BitPay launched prepaid crypto Mastercard for US customers.
Mauritius released guidance for regulated security token offerings
KuCoin partnered with PayMIR to makes crypto purchase with RUB possible.
Binance joined  Indian Internet Association amid regulatory uncertainty.
EY launched crypto app that helps with tax filings.
Bitfinex granted 2 of 3 subpoenas in hunt for missing millions.
BitMEX parent company collaborated with OKCoin in $150,000 Bitcoin grant.

Cool tech fact:
Bitcoin was used to circumvent the WikiLeaks banking blockade, to Satoshi’s displeasure

Quote of the day:
“No one is to blame for your future situation but yourself. If you want to be successful, then become “Successful.”― Jaymin Shah

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