Crypro weekely update

Crypro weekely update

By HAMZA-1997 | Latest Crypto-NEWS | 17 Aug 2020


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Yam, a Defi token, Suffer a fatal code defect See about $750,000 Token value Permanently locked And it cannot be undone. The project started on Tuesday And has accumulated Worth more than a billion dollars Until Thursday. The report on Defi shows More than $25 million was hacked or Otherwise have lost in space In the second quarter of 2020.

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BitMEX announces users Will have to provide Their personal identifiable information In the next 6 months to continue to use the exchange. The verification process will open On the 28th of this month The required information will also be provided.

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Popular surge Decentralized Finance  Or Defi project is consuming Many blockchain resources of Ethereum. Ethereum average Transaction fees over $6, Exceed the previous high of mid-2018. Uniswap, Tether, and Forsage combined More than 30% of total natural gas usage Before the end of this week.

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MicroStrategy has become The first company listed on NASDAQ which includes Bitcoin in Its asset allocation strategy. Supposedly invested $250 million In cryptocurrency As a hedge against inflation. This step emphasizes people’s growing interest In cryptocurrency By institutional investors this year.

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Coinbase will allow U.S. retail customers to Borrow most They hold 30% of Bitcoin. One of the largest and most strictly regulated countries Crypto exchange The credit limit is capped at USD 20,000 Per customer And provide 8% interest rate Used for bitcoin-backed loans with terms of one year or less

 

 

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