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Ben Mezrich’s book on the Winklevoss twins becoming the first bitcoin billionaires in the world is set to be adapted into a feature film. The book follows the twins’ lives after their legal battle with Facebook’s Mark Zuckerberg and details how they found and decided to invest in BTC.

The total market cap of tokens in the decentralized finance space has surpassed the $2 billion mark, merely a few weeks after surpassing $1 billion. Maker’s market cap alone is of over $500 million.

Chainalysis has added support for tracking two privacy coins: Dash and Zcash. While these aren’t entirely privacy-centric, they do offer privacy-focusing features.

Top stories in the Crypto Roundup today:

  • Ben Mezrich’s ‘Bitcoin Billionaires’ to Be Adapted Into a Feature Film
  • Decentralized Finance Market Cap Hits $2 Billion
  • Chainalysis Adds Support for Privacy Coins Zcash and Dash

At the time of writing, bitcoin (BTC) is trading at $9,683.78 (-0.09%) with a daily Top Tier volume of $2.34 bn. As for ether (ETH), it is trading at $243.37 (0.03%) with a daily Top Tier volume of $808.72 million. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 3,258.35 (-0.04%).

 
24 hours chart of the price of BTC
 

Ben Mezrich’s ‘Bitcoin Billionaires’ to Be Adapted Into a Feature Film

 

The Winklevoss twins, founders of the Gemini cryptocurrency exchange, have teamed up with Greg Silverman’s Stampede Ventures to adapt Ben Mezrich’s bestselling non-fiction book “Bitcoin Billionaires” into a feature film.

The book ‘Bitcoin Billionaires’ goes into the Winklevoss Twins’ life after their legal battle with Facebook’s Mark Zuckerberg. Mezrich wrote about the twins on his bestseller “The Accidental Billionaires”, which led to the Oscar-winning film “The Social Network”.  In the follow-up, Mezrich goes into how the Twins discovered Bitcoin and invested in the cryptocurrency.

The movie will, like the book, tell the story of how the Winklevoss twins decided to risk by betting on Bitcoin, and ended up becoming the world’s first bitcoin billionaires. The Winklevoss twins were quoted as saying:

“Ben immediately understood the promise of cryptocurrency and was serious about telling its story to the world. Whether you are a longtime HODLer or have just arrived, we think you will enjoy the colorful, frontier days of the cryptocurrency revolution that Ben Mezrich has deftly captured in Bitcoin Billionaires. We look forward to sharing this story and bringing the early days of this revolution to theaters in partnership with Stampede Ventures.”

Ben Mezrich, it’s worth noting, also wrote the book “Bringing Down the House” which was later turned into the movie “21”.

 
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Decentralized Finance Market Cap Hits $2 Billion

 

The total value of decentralized finance (DeFi) tokens has surpassed the $2 billion mark over the weekend, roughly two months after surpassing $1 billion.

According to DeFiMarketCap, a website measuring the total value of the tokens connected to the decentralized finance space, the value of the tokens associated with protocols like Maker and Compound has been steadily on the rise. On the other hand, the total value locked in the space has been hovering at around $1 billion.

The Maker protocol makes up for more than a quarter of the total DeFi market cap, with a total of more than $550 million. It’s followed by the 0x protocol at $322 million, and by Synthetix at $172 million. In total DeFiMarketCap lists over 500 tokens across 18 protocols.

Some of these are interest-bearing tokens tied to the value of ether or the USDC stablecoin, and are used on platforms like Compound to manage users’ deposits.

 
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Chainalysis Adds Support for Privacy Coins Zcash and Dash

 

Blockchain analysis firm Chainalysis has added support for privacy cryptocurrencies Zcash and Dash in two of its products: its investigation software Chainalysis Reactor, and its Know Your Transaction (KYT) offering.

The addition means Chainalysis’ clients can use its software to track the privacy coins’ compliance in its $1.5 billion in daily trading volume. Both Dash and Zcash have added privacy features in their protocols. While Dash has the optional “PrivateSend” feature to mask the origin addresses of transactions, Zcash has shielded transactions that encrypt blockchain activity.

In its announcement, Chainalysis revealed it’s possible to connect inputs and outputs on some PrivateSend transactions, and in some cases identify single addresses from which an output came using its software. Only around 0.7% of Dash transactions that transfer funds use PrivateSend, while only 9% of Dash transaction mix funds, the firm added.

On Zcash, 14% of transactions utilize the shielded feature, but less than 1% are entirely encrypted, meaning “Chainalysis can still provide the transaction value and at least one address for over 99% of ZEC activity.”

 
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Ethereum (ETH) is the Daily Mover

 

This week’s Daily Mover featured asset is Ethereum (ETH), the second-largest cryptocurrency by market cap and a pioneer for blockchain-based smart contracts, where developers can built decentralized applications (dapps).

Ethereum’s FCAS has dropped 0.83% in the last 10 days over a 1.02% drop in User Activity. Developer Behavior also dropped 0.83%, while its Market Maturity has remained stable. The FCAS drop was related to a recent academic paper that revealed ETH users have been losing privacy by “carelessly” connecting their real-world identities with their on-chain addresses. This is happening as users are customizing their addresses using the Ethereum Name Service (ENS) to give them a human-readable name, and then publicizing it on social media.

Researchers were able to link over 1.1 million transactions to 4,200 addresses where they knew the people behind them. Ethereum is, however, set to keep on scaling and adopting new enterprise corporations. Firms like Clearmatics, Consensys, BlockApps, and JP Morgan’s Quorum are all enterprise ethereum variants, and the Enterprise Ethereum Alliance (EEA)is working on enforcing common standards to bring interoperability between them.

 
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State of the Crypto by Top Tier Exchange Volume

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