headlines

headlines

On February 23, Zhu Youping, deputy director of the China Economic Net Management Center of the State Information Center and a blockchain economist, said at the salon of "Stablecoin "Past Life and Present" held by Pomegranate Finance and Economics: JPMorgan coins will not be listed and circulated at present, but there is room for imagination. very big. After its value is proven in the future, its circulation cannot be restricted. Zhu Youping believes that stablecoins may be the digital legal currency in the future, and China is also actively promoting digital legal currency attempts. The key for stablecoins to take the next step is to form a closed business loop. Once JPMorgan Chase issued Token, many banks followed suit, which also proved the enthusiasm of the project. In addition, the direction and risks of Morgan Coin are controllable, and the entire technology can be regulated, which proves its credit value, which forms a perfect closed business loop.

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Negotiations between China and the United States have made "substantial progress" and have an impact on the encryption industry

According to Cointelegraph, Trump pointed out in a series of tweets that the negotiations between China and the United States have made "essential progress." The China-US summit will be held in Florida at the end of March. Some analysts believe that the Sino-US trade war has also had an impact on the encryption industry. In particular, Chinese regulators are on the alert for funds out of China using bitcoin and cryptocurrencies amid the intensification of the US-China trade war. It is reported that the Chinese government will further strengthen the supervision of cryptocurrency trading and ICO.

Chen Bohui, Asian Blockchain Industry Research Institute: Encrypted currency prompts regulatory authorities to conduct strategic thinking and innovative experiments

Recently, China Central People’s Broadcasting Station’s Voice of Economy broadcast an exclusive interview with Chen Bohui, President of the Asian Blockchain Industry Research Institute, which is divided into “How Blockchain Affects Real Life”, “Don’t Chase Cryptocurrency”, “Blockchain Technology is used where it should be used" three episodes of the program. Chen Bohui said that the acceptance of Bitcoin by technology geeks who advocate freedom is a tool for them to try to get rid of government control, but obviously, this conflicts with the financial policies of various sovereign countries. In China, the number of traditional financial companies entering the blockchain field has surged in recent years, and newly issued cryptocurrencies have emerged in an endless stream, forcing the government and regulatory authorities to conduct strategic thinking and innovative experiments in regulation.

Twitter user ๑ RAMEN ๑ (@RamenofBinance) tweeted: "TradingView data shows that on February 22, someone signed a long contract of 80,000 bitcoins on CME futures." After Odaily query, on February 22, Open Interests has a total of 3,796 contracts, and one contract in CME is 5 bitcoins, so a total of 18,980 bitcoins, no significant change compared with Open Interests data for a week. Therefore, the 80,000 bitcoin long contract may be wrong for TradingView data.

digital currency

digital currency

The ICO project only sold 28,500 ETH in the past month

Santiment, an encrypted data asset and software development company, released a report stating that ICO projects only sold 28,500 ETH in the last 30 days, which is the lowest data since Santiment began providing these data last year. Bancor sold the most 8,500 ETH, and the remaining ICO projects still hold ETH, which is in stark contrast to some of the large sell-offs last year.

Coin Center Launches Tool to Track Progress on U.S. Cryptocurrency-Related Bills

Coin Center, a non-profit research organization, announced the launch of a tracking tool for US cryptocurrency-related bills, which will track the progress of all cryptocurrency and blockchain bills submitted by the 116th Congress and update the status of the bills in time .

Hackers Earn Over $300,000 Worth of BTC in Email Extortion Campaign

A sample of 792,000 emails tracked by British company Digital Shadows shows that hackers obtained approximately $332,000 worth of bitcoins through email extortion campaigns. Victims’ servers are spread across five continents, and the sender’s IP location information shows that the largest number are from Vietnam (8.5%), Brazil (5.3%) and India (4.7%).

Fidelity Digital Assets has passed the Bitcoin "lightning torch" to the HBS Blockchain & Crypto Club, a student at the school, according to a tweet from Fidelity Digital Assets organize.[Original link]

[Original link]

Microsoft’s cloud computing service, Microsoft Azure, recently listed Stratis in its products section, a platform created by London-based blockchain firm Stratis Group that offers a web-based application that enables ICO projects to manage token distribution. Prior to the initial distribution, participants can purchase ICO tokens using BTC or Stratis (Stratis tokens). According to previous news, Stratis announced that it has become a Microsoft partner. (CCN)[Original link]

[Original link]

Analyst Sam Bourgi: It is too early to say that the bear market is over, but the short-term surge may help BTC hit $5,000

According to the latest analysis of digital currency analyst Sam Bourgi, as the price of BTC continues to rise, this currency, which occupies an absolute dominant position in the entire digital currency market, seems to be "driving" the market out of the 2018 year-long turmoil. Bear market conditions. After another round of market rise today (February 24), the current BTC price has come close to the high point created after a strong rebound in December last year, and the market has maintained a three-month-long bottom shock pattern It is expected to break through, and as long as the price can break through the upper edge of the box, it is expected to clear the way for the price to further rise to the $5,000 mark. However, in order to completely reverse the long-term decline, BTC needs to recover at least $6,000, the consensus mining cost for miners to mine, so it is too early to talk about the end of the bear market.

Ethereum upgrade name changed to Constantinople/St. Petersburg

On February 22, the official website of Ethereum announced that the Ethereum network will proceed as originally planned at block height 7,280,000, and the estimated time is February 28, 2019. The exact date may vary depending on the time period and may activate 1-2 days before or after that date. The name of this network upgrade is Constantinople/St. Petersburg. The reason for having two names is that the original Constantinople network upgrade was delayed and required two protocol upgrades on the same block to fix various Issues on Ethereum test networks such as Ropsten. Proposal EIP1283 was removed from the test network with the St. Petersburg network upgrade.

Brazilian cryptocurrency exchange Mercado Bitcoin has won a case against a bank closing its exchange account, bitcoin.com reported. Regina Lucia Passos, a district court judge in Rio de Janeiro, Brazil, believes that although the Brazilian government warned in the communiqué that "the custody and transaction of virtual currencies are risky", the Central Bank of Brazil has not prohibited the transaction of digital currencies, and the bank should have reasonable reasons to close the exchange. Accounts, the unilateral closure of accounts due to commercial considerations, is in fact a violation of the Resolution 2025/93 of the Central Bank of Brazil.

Blockchain industry

Blockchain industry

In 2018, a total of 234 cases of financing occurred in the domestic blockchain industry

The Qianzhan Industry Research Institute released the "China Internet Finance Industry Market Prospect and Investment Strategic Planning Analysis Report". The report shows that from the perspective of the subdivision of the Internet finance industry for financing, the blockchain industry is the most popular in China in 2018. A total of 234 cases of financing occurred throughout the year.

Nanjing Luhe District will set up a blockchain talent training base and industrial venture capital guidance fund

On February 24, the People's Government of Liuhe District, Nanjing signed a scientific and technological innovation cooperation agreement with Shenzhen University and the Blockchain Branch of the China Group Corporation Promotion Association. Transformation, talent innovation and entrepreneurship, etc., focus on supporting the cultivation and development of "alumni economy" in Liuhe, gather high-end talents, incubate innovative enterprises, cultivate industrial clusters, and strive to create an important carrier of technological innovation; set up a blockchain talent training base and industrial innovation Invest in guidance funds to support the integrated development of Liuhe's blockchain and its related industries.

Huangpu District, Guangzhou: Will increase the launch of "Blockchain 10" version 2.0

On February 22, Guangzhou High-tech Zone, Development Zone, and Huangpu District held a conference on technological innovation and entrepreneurs. The conference announced that this year, Huangpu District will focus on the upgrading of the industrial chain and the appreciation of the innovation chain, and accelerate the introduction of a series of policies such as "10 Industrial Internet", "10 Software Famous Districts", and "10 5G Industrialization". Blockchain 10" version 2.0. The science and technology department of the district will guide and support enterprises to make strategic arrangements, invest more human, material and financial resources in core technology research and development, seize the commanding heights of future competition in strategically contested fields, highlight cutting-edge leading technologies, modern engineering technologies, and disruptive technological innovations. Breakthroughs have been made in fields such as stem cells, integrated circuits, quantum communications, and blockchain.

Ant Financial: Cooperation with Mizuho Bank does not involve electronic currency and blockchain

Ant Financial said that it is not true that the cooperation between Japan’s Mizuho Bank and Alipay involves electronic currency and blockchain. The cooperation between Alipay and Mizuho Bank of Japan is limited to providing Chinese tourists with offline code scanning payment services in Japan, and has nothing to do with the J-Coin Pay that Mizuho Bank of Japan will develop. Mizuho Bank of Japan, like other Alipay’s local financial institution partners, is an acquirer that Alipay cooperates with to help Alipay expand local face-to-face merchants.

Yijian shares: HUAWEI CLOUD is one of the deployment environments of the company's "Yijian Block 2.0" system

Yijian (600093) responded to investor questions on the e-interaction of the Shanghai Stock Exchange, saying that the company combined blockchain applications with supply chain finance. In 2018, the company upgraded the "blockchain + supply chain finance" system solution "Yijian District The "Block 2.0" system uses a trusted data pool and industry-leading multi-chain data traceability technology to realize trade and financing multi-chain collaboration and cross-chain traceability; Huawei Cloud is the deployment environment for the company's "Easy Block 2.0" system one.

Alipay: Blockchain cross-border remittance service has been realized on mobile devices

On February 22, Alipay’s official Weibo posted, “Two days ago, Ant Financial Services was selected as the Top 50 Most Innovative Companies in the World by Fast Company with its blockchain cross-border remittance service. Now, through this service , Filipino workers in Hong Kong and Pakistanis in Malaysia can use this service to remit money to the Philippines and Pakistan respectively on their mobile phones, and the funds arrive in seconds.

Electronic regional currency supported by blockchain technology in Japan is gaining popularity

The electronic regional currency supported by blockchain technology in Japan is becoming popular. The electronic regional currency AQUA COIN in Kisarazu and Hida in Gifu Prefecture is becoming more and more widely used. The electronic currency is a stable currency linked to the Japanese yen. Use the QR code at the franchise store to pay with AQUA COIN in your mobile phone. The currency now has 900 franchise stores, 6,500 users, and a settlement amount of 540 million yen (about 32.76 million yuan).

South African Crypto Exchange Receives Investment from Blockchain.com and MakerDAO

South African cryptocurrency exchange Coindirect has secured $1.13 million in funding. The first round of funding was led by Concentric, with participation from crypto wallet provider Blockchain.com and MakerDAO. According to people familiar with the matter, the company will use the new funds to expand its operations in Africa and will also pursue cooperation with Blockchain.com and MakerDAO, which are expected to be announced in the coming months.

Consensus Shuxin Technology announced the completion of an angel round financing of 10 million yuan

Recently, Beijing Consensus Digital Information Technology Co., Ltd. announced the completion of an angel round of financing of 10 million yuan. This round of financing was jointly invested by Qichen Huamei Investment Fund and Lin Hongruifeng Investment Fund. It is reported that the company's product system includes CoBass platform, BlockSQL (blockchain middleware adapter), DCFS (large file storage system), Shumin (big data desensitization system), Token management system, Shuxin platform (blockchain-based business collaboration and data sharing platform).

Recently, the 2018 Top 100 Main Business Revenue List of Yuhang Industrial Enterprises in Hangzhou was released, including Ebang Communication Technology. It is understood that Ebang Communication Technology is currently in full swing to implement the annual production of 150,000 communication transmission equipment and 400,000 blockchain computing equipment projects.

global policy

global policy

Xing Tiantian, an associate researcher at the Industrial Culture Development Center of the Ministry of Industry and Information Technology, mentioned in the article "National Taxation Reform in the Development of the Digital Economy" that the development of the digital economy runs through all links such as the industrial chain, value chain, and innovation chain, involving scientific research institutes, enterprises, and financial institutions. , the market, the government and other participating forces. National taxation governance is a systematic project, and every move affects the whole body. It is necessary to strengthen overall coordination and accelerate the application of blockchain technology in tax collection and management. The value of blockchain lies in the ability to design technology into scenarios where compliance and legality can be implemented. This is a process of refined management. The use of blockchain technology in the transaction process is to use its consensus technology to solve the problem of information asymmetry, resolve moral hazards, strengthen the construction of a social credit system, make tax collection and management transparent, reduce collection and management costs, and improve collection and management effects.

French President Macron talks about agricultural innovation and calls on farmers to use blockchain for supply chain food tracking

French President Macron talks about agricultural innovation and calls on farmers to use blockchain for supply chain food tracking

French President Emmanuel Macron, in a speech at the International Agricultural Fair in Paris, suggested that all of Europe unite to deal with competition for agricultural products from other countries such as the United States. Macron also called on farmers to use blockchain technology to track food in the supply chain. He said: "Let us use this technology (blockchain) in Europe by developing tools to track from raw material production to packaging and processing." Every product, become a pioneer in agricultural technology."

Busan, South Korea will build an urban cutting-edge industrial park in Haeundae District, and plans to attract enterprises in fields such as blockchain to settle in

Busan City, South Korea announced plans to build an urban cutting-edge industrial park in the Centum 2 area of ​​Haeundae District, with an estimated investment of 1,641.3 billion won (about 1.463 billion U.S. dollars). The fields of intelligence, blockchain, and image content attracted 1,500 companies to settle in.

At a court hearing on February 22, local time, lawyers for BMO and the audit firm said Canadian banks were uncomfortable with managing QuadrigaCX funds, citing uncertainty over its source of funds. Commercial Bank of Canada quoted Elizabeth Pillon, an attorney representing Ernst & Young, as saying that QuadrigaCX may have money laundering problems, so it does not blame the bank for hesitation. It is reported that at the end of the hearing, Nova Scotia Supreme Court Judge Michael Wood issued an order that will eventually deposit QuadrigaCX funds into a Royal Bank account.

Thai government may allow issuance and trading of blockchain-based securities

On Feb. 22, Thailand’s parliament passed an amendment to the Securities Exchange Act, which regulates the issuance of tokenized securities such as stocks and bonds. Thailand's Securities and Exchange Commission (SEC) amended the act and it will take effect later this year. It is reported that the amendment will allow businesses to operate as custodians of securities and digital tokens. Previously, this business was limited to Thailand Securities Depository Co., Ltd., a subsidiary of the Stock Exchange of Thailand (SET). In addition, Thailand’s SEC will issue detailed guidelines and rules on tokenized securities and electronic securities in the coming months.

Character·Voice

Character·Voice

Several cryptocurrency companies have moved closer to the mainstream market through the acquisition of public companies, hoping to raise funds and integrate into the traditional financial services world. Such acquisitions, known as reverse mergers, allow companies to sell stock to the public without going through a laborious initial public offering (IPO) that comes under scrutiny from regulators. The managing partner of Ledger Capital, a digital asset investment company, said: "Many (cryptocurrency) exchanges have developed several strategic measures in an attempt to legalize their operations and reputations, and some believe that their presence in traditional public markets will be helpful. As previously reported, Voyager Digital, an American digital currency broker, completed its backdoor listing on February 11 and was listed on the Toronto Stock Exchange Venture Exchange after acquiring mineral explorer UC Resources.

French President Macron talks about agricultural innovation and calls on farmers to use blockchain for supply chain food tracking

French President Macron talks about agricultural innovation and calls on farmers to use blockchain for supply chain food tracking

French President Emmanuel Macron, in a speech at the International Agricultural Fair in Paris, suggested that all of Europe unite to deal with competition for agricultural products from other countries such as the United States. Macron also called on farmers to use blockchain technology to track food in the supply chain. He said: "Let us use this technology (blockchain) in Europe by developing tools to track from raw material production to packaging and processing." Every product, become a pioneer in agricultural technology."

Venezuelan Economist: Due to currency control, it is not easy to use traditional foreign currencies, so all money will be converted to BTC

On February 23, Venezuelan citizen and economist Carlos Hernandez published a commentary in The New York Times, revealing that he does not hold Venezuela’s official fiat currency, the Bolivar, but invests all his money in Bitcoin. He said it was not easy to use a traditional foreign currency like the U.S. dollar without a foreign bank account and because of currency controls in Venezuela. At the same time, he said that he uses the local bitcoin trading market to buy daily necessities, but at the same time, he will not make a large bitcoin transaction at one time, because the government is closely watching, and any transaction over $50 may be frozen by the government authorities.

Dangdang chairman Yu Yu responded to Li Guoqing's resignation: Li Guoqing has faded out of the management for several years

Dangdang chairman Yu Yu recently responded to the resignation of Dangdang founder Li Guoqing, saying that he has taken over the management of Dangdang since the beginning of 2015, and Li Guoqing has been out of management for several years. She said: "It's just that the National Day can't keep talking, which has attracted unnecessary attention. The National Day held a press conference last week, and he officially left Dangdang with a sense of ceremony to start his next venture. Because the National Day often speaks out unexpectedly, Dangdang formed In order not to do public relations, I don’t accept media interviews, the team and I don’t need to be too distracted.” Previously reported that on the morning of February 20, Dangdang founder Li Guoqing announced his departure from Dangdang in an open letter. The open letter mentioned the blockchain. He said that the economic system of the blockchain gives enterprises nuclear weapons and creates new incentives and empowerment.

Peking University Digital Finance Research Center: Cross-border remittances are faster, safer, lower cost and more transparent with the help of blockchain technology

The Digital Finance Research Center of Peking University recently released the "Financial Science and Technology Investigation Report of Four Asian Countries". The report took Alipay HK's blockchain cross-border payment business as an example. Compared with traditional methods, the payment business based on blockchain technology has the following advantages: (1) Fast: It can be done in real time. Convenience: Initiate and receive at any time 7*24 hours. Money can be used in the wallet immediately after receiving it. (2) Low cost: Through the automatic execution of blockchain smart contracts, the operation, compliance and reconciliation costs of financial institutions are reduced. The improvement of overall processing efficiency has improved the efficiency of capital operation, brought the advantage of cost reduction, and can also ensure a better exchange rate. (3) Security: Due to technical features such as blockchain immutability and smart contracts, all participants in cross-border remittances have real-time and credible information verification channels, and remittances are traceable and more secure. Using alliance chain and hash algorithm, users' privacy information can be more comprehensively guaranteed. (4) Transparency: Blockchain technology can also reduce risks, enabling cross-border remittances to achieve more transparent supervision and more efficient risk control. Regulatory agencies in Hong Kong and the Philippines can conduct real-time and full-process monitoring of personal cross-border remittance links, which greatly improves timeliness and effectiveness.

Blockchain BTM founder: BTC futures may become the biggest obstacle to the restart of the bull market

Morgan Creek founder advises Buffett to invest in Bitcoin

Morgan Creek founder advises Buffett to invest in Bitcoin

It's been a long time since Berkshire Hathaway Chairman and CEO Warren Buffett's latest major acquisition. Berkshire Hathaway's holdings of cash and T-bills have ballooned to $116 billion, but it's still looking for viable ways to invest. In this regard, Morgan Creek founder Anthony Pompliano suggested that Buffett should invest in Bitcoin. Although the current cryptocurrency market may be in a bear market, Satoshi Nakamoto's Bitcoin can surpass all of Buffett's investments within ten years.

Oxford University report: The issuance of digital currency by the central bank may lead to a series of technical and legal problems