The Brief Crypto News - Sep 13 2020 Ep.17

By LeaderIcarus | Brief Crypto News | 13 Sep 2020


Greetings Everyone

and welcome to the Brief crypto News, episode 17.

I am LeaderIcarus and it is Sep 13, 2020, 07:00 UTC, and if you are skilled enough IRS is offering $625,000 to anyone is able to propose "innovating solutions for tracing" the usage of privacy coins, such as Monero. This proposed has been made in order to help authorities to fight cybercrime, which, of course, uses privacy coins for the transactions.

Pandemic - according to the President of the European Central Bank - was a push towards digitized solutions and consumers adopt that kind of payments, so the Euro-zone Central Bank officials are "set to reveal a verdict about CBDC".

Chef Nomi - the former head of ShusiSwap - after accused of an exit scam, returned all $14 million to the project funds, while twitted "To everyone. I F*** up. And I am sorry." and then he added " I have returned all the $14 million worth of eth back to the treasury. And I will let the community to decide how much I deserve as the original creator"

A market review, now, as most of the coins are finally back to green, comparing seven days, ago, regaining at least the price level, before the crush, making the market capitalization be at $354 billion. Bitcoin is trading at $10,530 and its domination is 55% of the market, while the second Ethereum trades at $386 and covers the 12.3% of the market.

On the DeFi ecosystem, the Total Value Locked (TVL) is $8.252 billion and we see Aave ($1.559b TVL) in the first place, Maker ($1.236b TVL), and Curve finance ($1.026b TVL) for the second and third place, respectively. In DeFi governance coins the first three are Chainlink trading at $12.79 ($4.93b Market Cap), yearn.finance trading at $41.507 ($1.24b), and UMA at $17.65 ($968m), and the total DeFi market capitalization is $15.9 billion.

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LeaderIcarus
LeaderIcarus

LeaderIcarus 🚀 | Crypto Trader & Investor since '19 📊 | NFT Lover & Collector 🎨 | Embracing DeFi, GameFi, and Blockchain's Marvels 🎮🌐 | Learning TA, Mastering Markets 📊 | Let's build the future together! 💡


Brief Crypto News
Brief Crypto News

News from the Crypto Space (markets, partnerships, DEX, CEX, block-chain, DeFi, and NFT), but also the traditional market, that affects the crypto world.

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