The Brief Crypto News - Aug 9 2020 Ep. 13

I am LeaderIcarus and it's Aug 9, 2020, 07:00 UTC, and despite we are approaching the holiday break, markets do not seem to slow down, trying to recover from the pandemic crush.

Monero Hashrate Largest Gain

• Monero is a privacy crypto, which can be mined only by the use of CPU or GPU.
• The hashrate has increased  0.52GH/s in one single day, on Aug 6, and this is the largest gain since 2014, the year which Monero created.
• The easy way to mine - only a pc and software is needed - alongside its incredible price increase, made this happened.
• Currently, Monero (XMR) is trading at $93.32 increased by 26.9% in the last 14 days.
• If you want more information on how your pc could mine Monero, see this article.

Beirut

• Following this sad story.
• Lebanon's central bank has instructed banks to give loans with zero interest, repaid in five years.
• These loans will be for individuals and for small businesses, so to be able to rebuild and repair.
• The blast has killed more than 150 people.

Ethereum Classic's Second Attack

• Ethereum classic network has suffered a 51% attack.
• that means that one single miner can prove any transaction, even the double-spending ones.
• This is the second attack for the week and the third for 2020.

DeFi and Dex Markets

• Total value locked $4.57 Billion
• First four DeFi by market capitalization.
  • Maker
  • Compound
  • Synthetix
  • Aave
• The first four tokens by market capitalization.
  • Chainlink ($12.29)
  • Maker ($585.63)
  • Compound ($157.39)
  • Synthetix Network Token ($4.22)
• First three Decentralized Exchange (Dex)
  • Uniswap V2
  • Compound Finance
  • Aave

Market OverView

• Market Capitalization $363 Billion
• Market Dominance Bitcoin 59.20%, Etheruem 12,1%
• Price Index as seen on Coingecko.com

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