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Ebang International won the bid for China Telecom's 369 million project

Ebang International won the bid for China Telecom's 369 million project
Recently, China Telecom announced the list of candidates for the 2020 government-enterprise gateway centralized procurement project, and many companies such as EBON International (EBON.NASDAQ) were on the list. Among them, Zhejiang Ebang Communication Technology Co., Ltd., a wholly-owned subsidiary of Ebang International, won the bid with an amount of 369 million yuan (excluding value-added tax).

Mitsubishi UFJ to Launch Digital Currency 'Coin' Later This Year

Fidelity Offers Bitcoin Custody for Crypto Custodian Kingdom Trust Retirement Accounts

digital currency

Fidelity Offers Bitcoin Custody for Crypto Custodian Kingdom Trust Retirement Accounts

Kingdom Trust, an encryption custodian agency managing $13 billion in assets, has reached an exclusive custody agreement with asset management giant Fidelity Digital Assets (Fidelity Digital Assets), which will provide bitcoin custody services for its retirement accounts. Funds are stored on a self-service retirement platform called Choice, and investors can buy, sell or hold stocks, exchange-traded funds (ETFs) and digital assets in one tax-advantaged account. (CoinDesk)

Kingdom Trust, an encryption custodian agency managing $13 billion in assets, has reached an exclusive custody agreement with asset management giant Fidelity Digital Assets (Fidelity Digital Assets), which will provide bitcoin custody services for its retirement accounts. Funds are stored on a self-service retirement platform called Choice, and investors can buy, sell or hold stocks, exchange-traded funds (ETFs) and digital assets in one tax-advantaged account. (CoinDesk)

Bitmain's new Ethereum mining machine E7 has a single computing power of 1G, but it is not for sale

Binance to Launch Crypto Debit Card in European Market, Open Applications in August

Binance to Launch Crypto Debit Card in European Market, Open Applications in August

Compound's loan balance is approaching US$1 billion, accounting for more than 80%

Compound's loan balance is approaching US$1 billion, accounting for more than 80%

Kyber Network launches on-chain governance voting, nearly 24% of KNC tokens have been pledged

Kyber Network launches on-chain governance voting, nearly 24% of KNC tokens have been pledged

Kyber Network, a decentralized liquidity protocol, announced that it has officially launched KyberDAO chain governance. The first proposal, BRP-1, has been launched. KNC holders can vote on the distribution and use of transaction fees on the Kyber platform by staking KNC. At present, more than 3,400 addresses have pledged more than 52 million KNC (more than 80 million US dollars) on KyberDAO, accounting for about 24% of the total KNC supply. (Medium)

According to data from CoinHolmes, a digital asset tracking platform under PeckShield, cryptocurrency addresses including hacker attacks, funds, dark web, gambling, etc. have flowed into digital asset exchanges in the first half of 2020. A total of 13,927 high-risk assets, totaling 147,000 BTC , the current price is equivalent to more than 1.4 billion US dollars. The top ten trading platforms with the most stolen funds are: Huobi, Binance, OKEx, ZB, Gate.io, BitMEX, Luno, HaoBTC, Bithumb, and Coinbase.

Blockchain industry

China Construction Bank blockchain international syndicated asset transfer platform officially launched

China Construction Bank blockchain international syndicated asset transfer platform officially launched

JD Digits released the "Inclusive Cloud Signing" plan to provide blockchain electronic contract signing cloud services to small and medium-sized enterprises

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Investment and Financing

Investment and Financing

Robinhood completes $320 million F+ round of financing

Robinhood completes $320 million F+ round of financing

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global policy

Jiangsu's first provincial-level blockchain special support policy was introduced

Jiangsu's first provincial-level blockchain special support policy was introduced

The General Office of the Jiangsu Provincial Government recently issued the "Guiding Opinions on Accelerating the Development of Blockchain Technology and Industrial Innovation". The opinions make a systematic deployment for the future development of the blockchain industry in the province from the aspects of strengthening the forward-looking layout of scientific research, promoting the development of industrial agglomeration, and accelerating the demonstration and application of multi-field and multi-scenario. Strive to make major breakthroughs in key core technologies in some fields through about three years of hard work. The scale of the blockchain industry, technological innovation capabilities, and demonstration application levels are at the forefront of the country, providing important support for accelerating information technology to empower "new infrastructure". (Jiangsu Broadcasting Corporation · Financial Media News Center)

Bank of England Governor: We are studying whether to create a digital currency backed by the central bank

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Bank of England Governor: We are studying whether to create a digital currency backed by the central bank

The Bank of England's central bank, the Bank of England (BoE), is studying whether it should create a central bank-backed digital currency, Bank of England Governor Andrew Bailey said. "We're going to continue to look at it because this really could have a huge impact on the nature of payments and society." (Bloomberg)

Bank of International Settlements: Not sure if global stablecoins can help cross-border payments

Bank of International Settlements: Not sure if global stablecoins can help cross-border payments