Bitcoin, the market-leading cryptocurrency, reached a new high for its hash rate, while the total value locked in DeFi amounts to more than $6,3 billion. These‌ ‌‌news‌ in‌ ‌this‌ ‌practical‌ ‌summary‌ ‌so that‌ ‌you are always‌ ‌informed‌ ‌with‌ ‌events ‌ ‌most‌ ‌latest‌ ‌‌from the‌ ‌world‌ ‌crypto.‌ ‌

 📍‌The hash rate de Bitcoin reaches a new all-time high. According to Charts.Bitcoin, the network has a new hash rate of 130 EH/s, something that demonstrates the commitment of the mineros for maintaining the stability and security of the cryptocurrency and the network. 

Bitcoin hash rate.
Source: charts.bitcoin.com

After the third halving of Bitcoin in May, the network's hash rate suffered a large drop, reaching a level close to 90 EH/s; this because several mineros They began to disconnect their equipment, believing that they would no longer be profitable. Shortly after, the decline was reversed and miners entered the network again. By July, the hash rate had reached a value of 124,9 EH/s.

📍‌The growth of ecosystems DeFi It is something that, without a doubt, has left us all captivated and amazed. At the beginning of August, the total value locked in DeFi protocols was about 4,2 billion dollars, now this value exceeds 6,3 billion, an incredible growth of more than 50% in just 2 weeks, according to data from DeFiPulse

Total value locked in DeFi protocols.
Source: DeFi Pulse

In a reportage about this new model of decentralized finance, Clem Chambers, CEO of the platform ADVFN, points out that the current economic situation is leading society to take risks towards the adoption of a new model that implements new technologies. Much faster, more dramatic and efficient technologies for “get out of the quicksand of economic depression”. Chambers assures that DeFi ecosystems will be an essential part of our future and a development “enormously valuable". 

📍‌The Asian giant takes another important step in the implementation of the CBDC of the digital yuan. Now more than 27 major cities in China will begin testing the currency, while commercial banks will implement the new digital wallet (wallet) for the CBDC designed by the nation's Agricultural Bank. Among China's plans is to become the world's leading economic and technological power and promote its own digital currency to end the global dominance currently held by the US dollar. 

📍‌Wirecard, the German multinational that collapsed after a financial scandal, will be expelled of the Frankfurt Stock Exchange. From August 21, Wirecard will be removed from the selective DAX of the Stock Exchange. The decision was made based on a new regulation that governs the German stock market indices. According to the new regulation, which will come into force on August 19, insolvent companies, as Wirecard declared a few days after the scandal became known, must withdraw from the selective DAX with 2 business days' notice. Therefore, by the 21st of this month, these changes in the regulations will be applied to the company. 

📍‌In Catalonia, Spain, the company Barcelona Activa are implementing a system blockchain to validate digital skills. With this initiative, the company becomes the first public entity in Catalonia to implement blockchain. The system is intended to prevent fraud and manipulation in the certificates, qualifications and merits that the entity delivers through its training programs. Likewise, Barcelona Activa affirms that with this initiative it will promote the development of new ecosystems and startups based on emerging technologies such as blockchain. 

Continue reading: The United States Postal Service files patent on blockchain voting system