Bitcoin News Roundup for Aug. 14, 2020
https://www.coindesk.com/bitcoin-news-roundup-for-aug-14-2020

With traditional finance and crypto traders both enjoying market madness, CoinDesk's Markets Daily is back with your latest crypto news roundup!

Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC
https://www.coindesk.com/blockchain-bites-ripple-defi-china

Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language.

Longtime Analyst Bove Says Cryptocurrency Is One Challenge to Dollar’s Dominance
https://www.coindesk.com/bove-says-dollars-dominance-challenges-include-cryptocurrency

The noted analyst says a possible end to the U.S. dollar-ruled financial system is "frightening, yet the probability is quite high."

Money Reimagined: How a Dangerous Idea Could Work
https://www.coindesk.com/money-reimagined-how-a-dangerous-idea-could-work

Modern Monetary Theory, which says deficits don't matter, has some truth to it. But putting it into practice would be risky without modern controls.

Masternodes in Legal Limbo as Regulators Fail to Act
https://www.coindesk.com/masternodes-in-legal-limbo

U.S. regulators have yet to issue clear guidance about whether masternode operators are breaking securities laws.

Lending Protocol Aave Eyes Tokenized Mortgages With Launch of V2
https://www.coindesk.com/lending-protocol-aave-v2-tokenized-mortgages

Tokenized mortgages may be coming to decentralized finance (DeFi) following Aave v2’s specification announcement Friday.

Here Comes the Most Bizarre Bull Market Yet
https://www.coindesk.com/bizarre-bull-market-portnoy

Social unrest on the one hand, “Degen Finance” on the other. Strap in for a very weird bull run.

A WeChat Ban Should Be the Moment for Decentralized Tech. But It’s Not.
https://www.coindesk.com/wechat-ban-decentralized

President Trump’s threat to ban WeChat could disrupt the communication of millions of people. Decentralized technology is one solution, but will people really use it? Not necessarily, industry watchers say.

Enterprises Would Use DeFi, if It Weren’t so Public
https://www.coindesk.com/brody-defi

For DeFi to go mainstream, it needs to adopt the privacy large enterprises require.

Newest DAO Project Was Thrown a Curve, but the Team Is Rolling With It Anyway
https://www.coindesk.com/dao-project-was-thrown-a-curve-finance

An anonymous DeFi user deployed Curve Finance’s DAO and token smart contracts without the team’s permission, but the Curve team is adopting it anyway.

Market Wrap: Bitcoin Bounces to $11.8K as Ether Option Traders Go Bearish
https://www.coindesk.com/market-wrap-bitcoin-bounce-ether-options

Bitcoin broke through $11,800 Friday while traders are anticipating an ether fall based on the options market.

Fortnite vs. Apple and Google Is the Internet’s First ‘World War’
https://www.coindesk.com/fortnite-epic-games-battle-apple-app-store

What’s truly at stake in Epic Games' battle with Apple and Google is the power to shape and profit from the future of digital experiences.

PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement
https://www.coindesk.com/peter-theil-dcg-backed-btc-mining-firm-layer1-accused-of-patent-infringement

Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent.

Ex-Prudential Securities CEO Calls Bitcoin a ‘Safe Haven’
https://www.coindesk.com/ex-prudential-securities-ceo-calls-bitcoin-a-safe-haven

George Ball, who claimed himself as a Bitcoin and blockchain opponent, said bitcoin or another cryptocurrency is “very attractive” both in the long term and short term.

Bitcoin DeFi May Be Unstoppable: What Does It Look Like?
https://www.coindesk.com/bitcoin-defi-japan-smart-contracts

Bitcoin veterans are about to join the decentralized finance (DeFi) bull run, and they are taking a very different approach than Ethereum fans.

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches
https://www.coindesk.com/litecoin-gets-bullish-speculation-at-last-as-upgrade-approaches

"The upcoming privacy upgrade would leave litecoin valuations around all time highs," one industry analyst said.

Pantera Tells SEC Its Crypto Fund Has Raised Nearly $165M
https://www.coindesk.com/pantera-sec-crypto-fund-doubled

Pantera has informed the SEC its crypto fund has received a total of $164.7 million from investors with portfolios worth over $5 million.

APIs Will Decentralize CBDCs
https://www.coindesk.com/apis-will-decentralize-cbdcs

Central banks must create API access for CBDC experiments if they're serious about full inclusion, market resilience and system efficiency.

Bitcoin Price Holds Below $12K Even as Hashrate Hits All-Time High
https://www.coindesk.com/bitcoin-price-hash-rate

Bitcoin's hashrate has soared to record highs, some analysts say it might kick the price out of its rut.

Huobi Launches Consortium of DeFi Providers and Platforms With MakerDAO, Compound
https://www.coindesk.com/huobi-defi-makerdao-compound

Huobi has launched a new consortium with MakerDAO and Compound to promote decentralized finance.