Blockchain News (Bank of America, Twitter, Uniswap)

Our latest Blockchain News

Alleged Twitter Hack ‘Mastermind’ owns $3 Million in Bitcoin, Bail Set at $725K. Graham Clark must turn in his U.S. passport and he will be subject to house arrest using an electronic anklet tracking device.
Korean behind YFI fork “Asuka” leads $60,000 exit scam. Asuka tokens reached over $1,600 in value over the weekend. But — in a reminiscence of Bitconnect — they now trade at under $10.
Bitcoin market cap is now bigger than Intel or Coca-Cola. Amid a major bullish trend on cryptocurrency markets, Bitcoin’s market cap is at $205B now.
Paris judge has officially ordered the trial of alleged BTC-e operator Alexander Vinnik to begin.
Square’s Cash App reports quarterly Bitcoin revenue of $875 million. Nearly half of the $1,92 billion total revenue came from the company’s Bitcoin trading service.
Bitfinex announces to offer $400 million in reward to find the hacker who stole 119,755 BTC from the exchange four years ago.
German police have taken custody of about 2,500 bitcoins, worth some $30 million, that belong to the operators of movie2k. to.
BaFin, the financial regulatory authority in Germany, have begun impounding Bitcoin ATMs in the country.
New York banks get approval to list and custody Binance USD Stablecoin.

Huobi Group, major crypto exchange operator, is forming a new fund to invest tens of millions of dollars of its own capital in the decentralized finance space.
Neural Capital, a crypto hedge fund, closes after losing half its money.
Basler Kantonalbank, a Switzerland-based bank backed by the country’s government, is set to offer crypto trading and custody services via its subsidiary Bank Cler.
Grayscale Crypto Fund grows 15% in a week hitting $5.5 Billion AUM.
Hester Peirce, well known as “Crypto mom”, secures a second term as SEC commissioner.
Ripple and Bank of America collaborated according to an e-mail. The American bank aims to work with the crypto-giant for real-time settlements. However, no official confirmation has come from either of the parties.
Huobi pouring tens of millions into DeFi investment and research. The Asian crypto firm has launched Huobi DeFi Labs to drive decentralized finance growth and hired a former Wall Street exec.
Cryptocurrency adoption is growing rapidly in Slovenia. More than 1,000 locations in the country now accept cryptocurrency payments.
KB Kookmin Bank, the largest South Korean bank, plans to launch a cryptocurrency custodial service for its clients.

OKEx launches Indian P2P trading platform despite legal uncertainty. The platform allows users to buy digital currencies with zero transaction fees using Indian rupees.
Baidu Superchain Open Network has deployed 17 Super Nodes across China and more than a thousand companies have joined.

Genesis’s lending business surges as trading firms hunt for yield. Genesis Global Trading saw the number of loans outstanding hit $1.4 billion in Q2.
Electric Capital, a premier venture capital firm, has raised $110 million from a host of institutional investors in its latest funding round.
Bitmain delays Antminer shipments citing management chaos. The co-founders are battling to take control of the hardware giant.
The U.S. Securities and Exchange Commission is looking to buy a blockchain forensics tool to help it analyze smart contracts.
Chainlink hits an all-time high, spiking 26% within 24 hours. A $20 million LINK short was just liquidated on Aave. Was it Zeus Capital?
Uniswap, major decentralized exchange, raises $11 million in a Series A funding round led by Andreessen Horowitz to develop its V3 trading platform.
ParaFi Capital, a DeFi-focused fund, has invested $450,000 in USDT in governance token nectar, along with D1 Ventures and will start staking on Ethereum-based exchange DeversiFi.

Ethereum. org gets redesigned. The Foundation is changing up some of its website’s designs as it pushes for a comprehensive educational strategy.
Chinese Blockchain Revolution sees 10,000 newly added firms in 2020 alone.

The Russian Federation has banned anonymous deposits to online wallets in a move that will affect 10 million users across the country.
Russia’s Sberbank considers stablecoin launch after Putin signs crypto law. Russian President Vladimir Putin signed a cryptocurrency that provides legal status to cryptocurrencies. However, the law does not allow cryptocurrencies to be used as a method of payment.
Russian´s new “crypto” law provides a regulatory regime for tokenized securities and has no regulation for cryptocurrencies.
Investors suing over Status ICO but cannot find the management team to serve papers.
US bans WeChat. A signal could help worried Chinese based in the US look for solutions to the ban. A decentralized platform could be the best option.

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