CRYPTO NEWS: Latest BITCOIN News, RIPPLE News, ETHEREUM News, DEFI News!

CRYPTO NEWS: Latest BITCOIN News, RIPPLE News, ETHEREUM News, DEFI News!
For most of the cryptocurrencies from the top 10 of the CoinMarketCap resource capitalization rating, Monday began with a positive movement. Bitcoin is trading at $ 11.7k. The best growth result was recorded for Litecoin. In 24 hours, the cryptocurrency has risen in price by more than 6%. Ethereum has also grown significantly in price over the past day - 5.4%. Only Chainlink and the stablecoin Tether kept negative dynamics.

Ethereum Classic hit third 51% attack in a month
The Ethereum Classic blockchain was hit by a 51% attack on Saturday night, the third such attack this month.

After the first two attacks, OKEx replied that it would consider excluding the asset due to severe network insecurity. Coinbase has also taken drastic action, increasing the time it takes to confirm a deposit and withdraw funds for ETC to about two weeks.

CasinoLand Launches IEO on the Korean Crypto Exchange ChainX
CasinoLand announces the launch of an exclusive IEO of its own CLN token on the Korea cryptocurrency exchange, ChainX.

The news was published by the American team CasinoLand on the official Twitter site.
CasinoLand offers a reliable network of blockchain-based gaming tools and services for casinos. It provides full integration with its DeFi system, which is supported by the infrastructure and DAO module.
CasinoLand launches IEO

DEX Uniswap bypasses Coinbase for the first time in daily trading volume
Uniswap surpassed centralized Coinbase in trading volume for the first time.

According to information on its own website Uniswap, its trading volume over the past 24 hours amounted to $ 437 million, an increase of 71% compared to the previous day. Coinbase Pro, according to CoinMarketCap, completed $ 355 million in deals in 24 hours.

Chainlink will make its oracles more private
Chainlink bought new DECO protocol to make oracles more private

Chainlink, which owns a network of decentralized oracles as well as the popular Link token, has announced its acquisition of the DECO protocol. With the help of DECO smart contracts, it is possible to confirm the origin and state of confidential information transmitted through the oracle.

Chinese bank disconnects yuan digital wallet after soft launch
CCB quietly opened the Chinese central bank digital currency wallet service to public users.

Around noon on Saturday local time, users of China Construction Bank began to notice that the central bank's digital currency wallet function was available in the bank's mobile application.


Japanese Crypto Traders Ditch XRP And MONA In Favor Of Bitcoin
Most Japanese crypto traders can ditch altcoins entirely.

Bitcoin's dominance over altcoins in the Japanese market reached over 87% in April, according to data released on August 19 by the Japan Association for the Exchange of Virtual and Cryptoactive Assets. No other token accounted for more than 6% of the monthly trading volume. In the same month, the number of active accounts for cryptocurrency spot trading in Japan increased by 13,987, which is a record at the time.
Japanese Crypto Traders Ditch Altcoins

2020: Breakthrough Year for Bitcoin
Bitcoin will hit the market this year, says Devere CEO

Last week, Devere Group CEO Nigel Greene predicted that the US presidential election and a weak dollar will drive the price of bitcoin until the end of 2020. In the face of political uncertainty and the new inflationary policy of the Fed, investors will hoard in safe haven assets that are not tied to any particular country, such as bitcoin.
Noting that “Bitcoin is already one of the best performing assets of the year, growing by about 70% YTD,” Green said.
2020: Breakthrough Year for Bitcoin


Total value locked in Defi jumped 85% in August
A lot has changed over the past month as the popular decentralized finance ecosystem has skyrocketed in value.

The total locked value in the decentralized finance economy is approaching $ 8 billion as crypto funds pour into the surrounding infrastructure. Statistics from defipulse.com show that the current TVL as of Sunday 30 August 2020 is $ 7.8 billion. Aave's insolvent lending platform is 21.86% of this value.
TVL approaches $ 8 billion


Russia blocks cryptocurrency websites pending regulation
The Russian authorities have blocked a number of cryptocurrency-related websites.

Roskomnadzor has blocked the popular Russian cryptocurrency exchange monitoring site Bestchange.ru for the third time, in anticipation of the entry into force of cryptocurrency regulation in the country. The popular exchange aggregator site has already been blocked twice and has now received a third notification. The platform communicated to its users via Facebook on Wednesday.