Decentralized finance protocol Harvest Finance has issued a $100,000 bounty on the hacker who took $24 million worth of cryptocurrency out of its liquidity pools. In a tweet, Harvest Finance detailed there ie enough data to identify the hacker “who is well-known in the crypto community.”

The price of bitcoin is hovering around the $13,000 mark after a week of bullish news for the flagship cryptocurrency. These developments have seen the Crypto Fear & Greed Index signal investors are in a state of “Extreme Greed.”

Ripple CEO Brad Garlinghouse has revealed the company may move away from the U.S. and relocated to London, where the XRP token is not considered a security by the regulating Financial Conduct Authority (FCA).

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Top stories in the Crypto Roundup today:

• Harvest finance Places $100,000 Bounty on Hacker Behind $24 Million Attack
• Crypto Investor Sentiment Index at ‘Extreme Greed’ After a Week of Bullish News
• Ripple Eyes Moving to XRP-Friendly London
• XVS, BSV, DOGE Are Moving in the Crypto Market
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Harvest finance Places $100,000 Bounty on Hacker Behind $24 Million Attack

Decentralized finance protocol Harvest Finance has issued a $100,000 bounty on the hacker who took $24 million worth of cryptocurrency out of its liquidity pools. In a tweet, Harvest Finance detailed there ie enough data to identify the hacker “who is well-known in the crypto community.”

The move came after a hacker exploited Harvest Finance’s liquidity pools out of #24 million and swapped the funds for renBTC (rBTC). The DeFi protocol confirmed the attack by saying it was “working actively on the issue of mitigating the economic attack on the stablecoin and BTC pools.”

The attacker later sent back $2.5 million to the deployer in Tether’s USDT and Centre’s USDC. The stablecoins will be distributed to affected depositors.

In a joint effort with the Ren Protocol, Harvest Finance managed to identify the BTC addresses the funds were moved to, and asked leading exchanges like Binance and Coinbase to freeze the funds if they are deposited there.

Crypto Investor Sentiment Index at ‘Extreme Greed’ After a Week of Bullish News

The price of bitcoin is hovering around the $13,000 mark after a week of bullish news for the flagship cryptocurrency.

Over the week Mode Global Holdings announced it became the first publicly listed firm in the UK to adopt BTC as a treasury reserve asset, and PayPal Holdings announced a major move into crypto by letting its customers buy, hold and sell cryptocurrency directly from their PaPal accounts.

PayPal is supporting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. The only supported jurisdiction, for now, will be the U.S., although the firm is planning to “expand the features to Venmo and select international markets in the first half of 2021.”

Moreover, Nikolaos Panigirtzoglou, a Managing Director at J.P. Morgan who works on Global Market Strategy, published a report that talked about the long-term potential of Bitcoin.

These developments have seen the  Crypto Fear & Greed Index, which is based on an analysis of “emotions and sentiments from different sources”, signal crypto investors are in the “Extreme Greed” category.  

Ripple Eyes Moving to XRP-Friendly London

Ripple CEO Brad Garlinghouse has revealed the company may move away from the U.S. and relocated to London, where the XRP token is not considered a security by the regulating Financial Conduct Authority (FCA).

Garlinghouse noted that the firm may also consider other nations with a similar stance. Ripple is tied to XRP, and uses the cryptocurrency to move value within some of its institution-focused payments products, and aids its development.

In the U.S., Ripple is fighting a legal battle with investors who claim XRP is an illegally issued security Relocating to the UK would be “advantageous for Ripple,” Garlinghouse said, as the XRP has clarified XRP is not seen as a security and used as currency.

Other nations being considered include Switzerland, Singapore, Japan, and the United Arab Emirates.

XVS, BSV, DOGE Are Moving in the Crypto Market

There are several tokens leading the charge in the last 24-hour period. Some of these are well-known cryptocurrencies with rather liquid trading pairs, so we’ll be focusing on these over low-cap cryptos who may have higher percentage changes.

Venus (XVS) – The Venus Protocol’s XVS is up 8.85% in the last 24-hour period. Venus is an algorithmic-based money market system designed to bring a complete decentralized finance-based lending and credit system onto Binance Smart Chain

Bitcoin SV (BSV) – Bitcoin Satoshi’s Vision (BSV), a fork of the Bitcoin Cash blockchain that was created through a fork of Bitcoin (BTC), is up 6.55% in the last 24 hours. BSV was created to restore the original Bitcoin protocol and allow it to massively scale.

Dogecoin (DOGE) – Dogecoin, the meme cryptocurrency that achieved success through clever marketing and philanthropy, has seen its price move up 4.3% in the last 24-hour period. DOGE is known for going through pump cycles as interest in it resurges.

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