{"id":1321,"date":"2020-09-14T14:05:21","date_gmt":"2020-09-14T21:05:21","guid":{"rendered":"https:\/\/synq.tech\/a\/?p=1321"},"modified":"2020-09-14T14:05:21","modified_gmt":"2020-09-14T21:05:21","slug":"sep-06-2020-weekly-recap","status":"publish","type":"post","link":"https:\/\/synq.tech\/a\/2020\/09\/14\/sep-06-2020-weekly-recap\/","title":{"rendered":"September 6th, 2020 &#8211; Weekly Recap"},"content":{"rendered":"<h1 style=\"text-align: center;\">Weekly Recap<\/h1>\n<pre style=\"text-align: center;\">August 30th- September 6th, 2020<\/pre>\n<p>Welcome to our 1st weekly recap for September.<\/p>\n<h2><strong>Overview\u00a0<\/strong><\/h2>\n<h2><a href=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/09\/sep-1-weekly.png\"><img loading=\"lazy\" class=\"aligncenter size-large wp-image-1323\" src=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/09\/sep-1-weekly-1024x630.png\" alt=\"\" width=\"1024\" height=\"630\" srcset=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/09\/sep-1-weekly-1024x630.png 1024w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/09\/sep-1-weekly-300x185.png 300w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/09\/sep-1-weekly-768x473.png 768w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/09\/sep-1-weekly-1536x945.png 1536w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/09\/sep-1-weekly-2048x1260.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/h2>\n<h2>Crypto News<\/h2>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong><a href=\"https:\/\/news.bitcoin.com\/venezuela-bitcoin-use-hyperinflation-crypto-adoption\/\">Venezuela&#8217;s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index<\/a><\/strong><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<p>\u201cVenezuela is suffering through one of the worst economic crises in modern history, with its national currency, the bolivar, becoming practically worthless,\u201d the firm wrote. \u201cUnder these circumstances, cryptocurrency has taken on an important role in Venezuela\u2019s economy \u2026 As the Venezuelan bolivar has lost value in the midst of hyperinflation, Venezuela has become one of the most active cryptocurrency trading countries on earth.\u201d<\/p>\n<\/div>\n<\/div>\n<ul>\n<li><strong><a href=\"https:\/\/news.bitcoin.com\/stock-exchanges-switzerland-germany-austria-bitcoin-etp\/\">Leading Stock Exchanges in Switzerland, Germany, Austria Now List Bitcoin ETP<\/a><\/strong><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<p>Zug-based 21Shares announced Tuesday that its bitcoin exchange-traded product (ETP) has been admitted to Wiener B\u00f6rse, the Vienna Stock Exchange.<\/p>\n<\/div>\n<\/div>\n<ul>\n<li><strong><a href=\"https:\/\/news.bitcoin.com\/major-swiss-insurer-adds-bitcoin-and-ether-payments\/\">Major Swiss Insurer Adds Bitcoin and Ether Payments<\/a><\/strong><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-0\" class=\"article-pharagraph\">\n<p>Atupri, a Swiss health insurance provider, said Monday that its 200,000 customers will now be able to make payments using bitcoin and ethereum. The 110-year old firm claims it is the \u201cfirst\u201d insurer in Switzerland to accept cryptocurrencies.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<ul>\n<li><strong><a href=\"https:\/\/news.bitcoin.com\/nigeria-foreign-exchange-crisis-worsening-us-dollar-shortages-point-to-further-devaluation\/\">Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation<\/a><\/strong><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<p>The ongoing shortages of hard currency are now forcing financial institutions to impose severe restrictions on the quantities that clients can withdraw for onward payment.Such restrictions are forcing some Nigerian businesses to look for alternatives that are immune to censorship.<\/p>\n<\/div>\n<\/div>\n<ul>\n<li><strong><a href=\"https:\/\/news.bitcoin.com\/defi-boom-fueling-eth-gas-fees-threatens-viability-of-smart-contracts\/\">Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts<\/a><\/strong><\/li>\n<\/ul>\n<\/li>\n<li style=\"list-style-type: none;\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<div id=\"node-1\" class=\"article-pharagraph\">\n<p>Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. The increased number of yield farmers leads to more transactions and slower confirmations making higher fees inevitable.<\/p>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Weekly Recap August 30th- September 6th, 2020 Welcome to our 1st weekly recap for September. Overview\u00a0 Crypto News Venezuela&#8217;s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index \u201cVenezuela is suffering through one of the worst economic crises in modern history, with its national currency, the bolivar, becoming practically worthless,\u201d the firm wrote.<\/p>\n","protected":false},"author":4,"featured_media":1328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[30,52],"tags":[81,91,92,89,87,88,94],"jetpack_featured_media_url":"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/09\/bitcoin-blockchain-currency-coin-gold-money-finance-digital-crypto1.jpg","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>September 6th, 2020 - Weekly Recap &bull; SynQ<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/synq.tech\/a\/2020\/09\/14\/sep-06-2020-weekly-recap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"September 6th, 2020 - Weekly Recap &bull; SynQ\" \/>\n<meta property=\"og:description\" content=\"Weekly Recap August 30th- September 6th, 2020 Welcome to our 1st weekly recap for September. Overview\u00a0 Crypto News Venezuela&#8217;s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index \u201cVenezuela is suffering through one of the worst economic crises in modern history, with its national currency, the bolivar, becoming practically worthless,\u201d the firm wrote.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/synq.tech\/a\/2020\/09\/14\/sep-06-2020-weekly-recap\/\" \/>\n<meta property=\"og:site_name\" content=\"SynQ\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/synq.suite\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-14T21:05:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/09\/bitcoin-blockchain-currency-coin-gold-money-finance-digital-crypto1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"880\" \/>\n\t<meta property=\"og:image:height\" content=\"544\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@synqsuite\" \/>\n<meta name=\"twitter:site\" content=\"@synqsuite\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/synq.tech\/a\/#organization\",\"name\":\"SynQ\",\"url\":\"https:\/\/synq.tech\/a\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/synq.suite\/\",\"https:\/\/instagram.com\/synqio\",\"https:\/\/www.linkedin.com\/company\/csq-holdings-llc\",\"https:\/\/www.youtube.com\/channel\/UCE5zXkohdP_uGIky0X1YDGA\",\"https:\/\/twitter.com\/synqsuite\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/synq.tech\/a\/#logo\",\"inLanguage\":\"en-CA\",\"url\":\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2019\/08\/synq.png\",\"width\":3880,\"height\":1648,\"caption\":\"SynQ\"},\"image\":{\"@id\":\"https:\/\/synq.tech\/a\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/synq.tech\/a\/#website\",\"url\":\"https:\/\/synq.tech\/a\/\",\"name\":\"SynQ\",\"description\":\"The Leader in Crypto Forecasting\",\"publisher\":{\"@id\":\"https:\/\/synq.tech\/a\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/synq.tech\/a\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-CA\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/synq.tech\/a\/2020\/09\/14\/sep-06-2020-weekly-recap\/#primaryimage\",\"inLanguage\":\"en-CA\",\"url\":\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/09\/bitcoin-blockchain-currency-coin-gold-money-finance-digital-crypto1.jpg\",\"width\":880,\"height\":544},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/synq.tech\/a\/2020\/09\/14\/sep-06-2020-weekly-recap\/#webpage\",\"url\":\"https:\/\/synq.tech\/a\/2020\/09\/14\/sep-06-2020-weekly-recap\/\",\"name\":\"September 6th, 2020 - Weekly Recap &bull; 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