Yearn Finance is eyeing yet another merger – only this time, the candidate, SushiSwap, has a larger market size than Yearn itself. Source: https://www.coindesk.com/yearn-finance-gobble-sushiswap-fifth-defi-merger

In a research note intended for clients, investing giant AllianceBernstein says it changed its mind on bitcoin’s role in asset allocation. Source: https://www.coindesk.com/631b-asset-manager-alliancebernstein-bitcoin

About 65% of users would use bitcoin as a currency at PayPal’s 28 million merchants. Source: https://www.coindesk.com/mizuho-paypal-bitcoin-survey

The EU has created a common framework for regulating crypto across the economic bloc. The U.S. is still working out its approach. Source: https://www.coindesk.com/europe-bests-us-crypto-startups

Crypto-jacking is giving nation-state hackers a decoy for their more malicious attacks, Microsoft cautioned in a report. Source: https://www.coindesk.com/hackers-using-monero-mining-malware-as-decoy-warns-microsoft

The Human Rights Foundation has secured donations from the Gemini cryptocurrency exchange to fund even more Bitcoin developers in 2021. Source: https://www.coindesk.com/gemini-donates-50k-hrf-fund-bitcoin-developer-2021

Ethereum 2.0 charts new territory with the launch of its proof-of-stake backbone as retail interest in Bitcoin spikes, Google search data suggests. Source: https://www.coindesk.com/ethereum-beacon-bitcoin-libra

Russian banks and financial brokers are worried the digital ruble will be a burden for them. Source: https://www.coindesk.com/russian-institutions-concerns-digital-ruble

Hive shares have gained over 1,200% in 2020. Source: https://www.coindesk.com/hive-blockchain-q2-earnings-bitcoin-ether-mining

Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO. Source: https://www.coindesk.com/usdc-stablecoin-issuer-centre-hires-wall-street-veteran-david-puth-as-ceo