Developer David Burkett has shared an update on his work to implement Mimblewimble on Litecoin. The upcoming feature will introduce optionally private transactions for LTC users.

Ripple revealed that it ramped up its XRP sales last quarter, which may lead to a steep correction based on different fundamental and technical metrics.

The Ethereum Foundation has put forth a plan to finally launch ETH 2.0. Investors welcomed the news, and have responded by accumulating a massive number of tokens over the past few hours. The increasing buying pressure may lead to new yearly highs despite the stiff resistance that lies ahead.

Opyn, a protocol offering options for ETH, DeFi tokens, as well as insurance on Compound deposits, was hacked. At least 371,260 USDC were lost because of the double-spend attack on its Ethereum put options.

Only ETH put contracts were affected by the attack. The hacker used an exploit in Opyn protocol’s options tokens (oTokens) to steal collateral from users who sold these ETH puts.

Chainlink continues setting new all-time highs, but different fundamental and technical metrics indicate that LINK is ready to retrace.

Chainlink captured the market’s attention following an impressive bull run. LINK was able to make a new all-time high of $9.7 on August 4 as buying pressure behind it continues to rise. The steadily increasing prices have not gone unnoticed; LINK-related mentions on different social media networks have gone through the roof.

Ripple has published its Q2 report, indicating that the firm increased its XRP sales following lower sales in Q1 2020.

Ripple sold $32.55 million of XRP in Q2 2020. That amount is 18 times greater than in Q1 2020 when it sold just $1.75 million. Ripple also paused programmatic sales to exchanges last year, meaning that Q2 sales were directed entirely at institutional buyers.

Ethereum developers have launched the Medalla testnet, which is the last testnet prior to Ethereum 2.0’s mainnet launch.

The testnet went live on Aug. 4, 2020, at 1 PM UTC. Node operators staked sufficient ETH to activate the network one day prior to launch:

DeFi is currently the best place in crypto to make a quick buck. However, profitable yield farmers would tell you that it’s a multi-step process, laying through dozens of transactions. And though Uncle Sam hasn’t yet wrapped his head around the latest harvest, you can be sure he still wants his cut.

Bitcoin enjoyed a 30% run in the last two weeks, leading many to believe that the next bull market cycle is beginning. While the long-term sentiment is still bullish, BTC’s price is expected to consolidate for a while before heading for another upturn.

Ethereum has been putting its foot to the pedal over the last two months, generating new record-breaking usage numbers that paint apparent demand for the platform. Can the network keep up?