Bitcoin surpasses Ethereum in terms of the volume of transfers in dollars
Ethereum flipped Bitcoin in terms of USD transfers

Ethereum recently surpassed Bitcoin in terms of USD transfers for the first time, according to CoinMetrics.
On September 6, the dollar value of ETH transactions sent over the network reached $ 3.15 billion, while bitcoin transfers totaled $ 2.94 billion.

Hackers Close Argentina Border Demanding $ 4 Million Bitcoin Ransom
The borders of Argentina were temporarily closed due to a ransomware attack demanding payment in bitcoins.

Hackers hacked into Argentina’s immigration agency using ransomware and demanded $ 4 million in bitcoin.
As a result of the attack, immigration offices and checkpoints are closed for four hours.
Authorities later identified the attackers as NetWalker, a ransomware targeting corporate computer networks.
Hackers close Argentina border over ransom

CeFi Pursues DeFi As Huobi Launches Liquidity Mining
Last week it was Binance on the hunt for DeFi, this week it was Huobi with the launch of its own liquidity mining platform.

Singapore-based cryptocurrency exchange Huobi Global has announced a DeFi liquidity mining campaign that began on September 7. This incentive is the first phase of a campaign that allows users to place bets on their own Huobi token, HT.

Tech Mahindra Will Build Multiple Blockchain Solutions On Amazon Blockchain
Indian IT giant Tech Mahindra will create blockchain supply chain solutions for aviation, healthcare and telecommunications.

Indian IT giant Tech Mahindra plans to build and deploy a range of blockchain solutions on Amazon Managed Blockchain in the next 12-18 months.

Bitcoin Papa faces up to 10 years in prison for two crypto scams
The alleged crypto scam sites are still intact.

On September 3, Texas Securities Commissioner Travis J. Isles signed an emergency termination and refraining order from two alleged crypto scams known as Forex Birds and PEK Universe.
In the published order, the alleged operators of the schemes are Kumar Babu Bondesi and Darwin Eric Balusek. According to the TSSB, Balusek is also known by the nickname “Bitcoin Dad”.

Data Shows Investors Are Buying Bitcoins Amid Falling Nearly $ 10k
Prices have dropped more than $ 2,000 since August 17.

Despite significant losses of bitcoins since mid-August, the buy-on-failure mentality is still strong in cryptocurrency markets, according to blockchain data.
While the cryptocurrency has dropped from $ 12,400 to $ 10,000 in the past three weeks, the number of “hoarding addresses” has increased by 2% to 513,000, according to data source Glassnode.

OKEx is officially recognized as the world’s largest cryptocurrency derivatives exchange
OKEx’s global platform has reason to be happy as it is officially announced as the world’s largest crypto derivatives exchange.

The new milestone is the result of analysis by CoinDesk Research, which evaluated CoinGecko data, which estimated the outstanding contract value on OKEx at the end of last month at $ 1.6 billion.

Bitcoin hackers demand ransom from companies in Israel, listed on the Nasdaq exchange – hundreds of thousands of US dollars
Hackers have paralyzed the operations of Tower Semiconductor Ltd., based in Israel.

Israeli media outlet Calcalis has spread information about a recent ransomware attack carried out by hackers against Nasdaq-listed wireless chip and camera sensor manufacturer, Tower Semiconductor Ltd.
Attackers demand a ransom of hundreds of thousands of dollars.

Bitcoin Rally in August Leads to Record Crypto Derivatives Volumes
According to a recently released report, the trading volumes of cryptocurrency derivatives have reached an all-time high.

CryptoCompare reported that in its monthly exchange review, cryptocurrency derivatives volumes rose 54% to over $ 710 billion.
Konstantin Tsavliris, head of research at CryptoCompare, told CoinDesk that the rise in crypto derivatives volumes was likely the result of a rally last month that lifted bitcoin from $ 9,200 to nearly $ 12,400 at its peak.
Record volumes of crypto derivatives

Global P2P trading volume plummets amid cryptocurrency crash
While many centralized exchanges have benefited greatly from the recent sell-off, P2P trading on Paxful has dropped nearly 50% this week.

The recent downturn in the cryptocurrency market has resulted in huge trading volumes on centralized exchanges, but P2P trading platforms have actually seen a sharp decline in activity.

Despite Ethereum and Altcoin Crash, DeFi Goes Viral In China
After a parabolic rally, Ethereum decentralized finance is starting to half-spread in China.

Analysts are optimistic that the emergence of new markets in the decentralized financial space will drive even more growth, both in terms of these protocols and in terms of the value of coins like Ethereum.