headlines

headlines

On July 28, Liu He, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, and Dombrovskis, Executive Vice President of the European Commission, co-chaired the eighth China-EU High-Level Economic and Trade Dialogue in the form of a video conference. China welcomes the European side to complete the supervisory equivalence assessment of "Qualified Central Counterparties" as soon as possible. The two sides agreed to strengthen cooperation on green finance and promote the convergence of standards. Agreed to strengthen information sharing, exchanges and cooperation in the fields of digital currency and financial technology.

digital currency

digital currency

Cardano Shelley hard fork upgrade will be carried out at 05:44:51 on July 30

On July 28, Tim Harrison, Director of Cardano Marketing and Communications, posted on the official Cardano forum that the Cardano Shelley hard fork will be carried out at 21:44:51 UTC on July 29, that is, at 05:44 Beijing time on July 30: 51.

Bitmain's official website: The transfer of mining machines has caused serious losses to Chongqing Siyuan and Bitmain Group, and they will definitely pursue responsibility
The TON community version testnet is launched, airdropping TON mainnet tokens to all Telegram users

CME Bitcoin futures open interest hits record high at $724 million

CME Group cash-settled bitcoin futures open interest reached $724 million, an all-time high, amid the rise in bitcoin prices. The previous all-time high was in May at around $532 million. The surge in open interest suggests that more and more money is flowing in the market, and traders expect Bitcoin’s volatility to rise in the near term.
Trading volumes have been low despite a spike in open interest. So far this month, CME Bitcoin futures have averaged about $276 million in daily volume, compared with $285 million in the previous month. However, as can be seen from the chart, trading volume surged to $1.33 billion yesterday as the price of Bitcoin rose. In comparison, yesterday’s Bakkt physically-settled bitcoin futures saw their largest daily volume of around $114 million.

The TON community version testnet is launched, airdropping TON mainnet tokens to all Telegram users

The TON Chinese community announced that the community version of the TON testnet testnet3 issued by TON Community.org is online. At the current testnet stage, transfers on Telegram can be basically realized. The TON official testnet will be closed before August 1st. The TON Chinese community welcomes the migration of testnet2 verification nodes to the community testnet testnet3. In addition, the community is airdropping mainnet tokens to all Telegram users.
The TON Chinese community announced that the community version of the TON testnet testnet3 issued by TON Community.org is online. At the current testnet stage, transfers on Telegram can be basically realized. The TON official testnet will be closed before August 1st. The TON Chinese community welcomes the migration of testnet2 verification nodes to the community testnet testnet3. In addition, the community is airdropping mainnet tokens to all Telegram users.

According to previous news, in response to the death of the TON project announced by Telegram founder Pavel Durov, the TON Chinese community stated that TON will be restarted by the community, and TONCommunity.org will be launched simultaneously.

MakerDAO has added MANA as a new collateral asset
At the same time, MakerDAO has officially raised the debt limit of ETH to borrow Dai to 260 million.

Blockchain industry

Blockchain industry

Beijing may build a supply chain credit and debt platform based on blockchain and other technologies

The 23rd meeting of the Standing Committee of the 15th Beijing Municipal People's Congress listened to and deliberated the "Beijing Regulations on Promoting the Development of Small and Medium-sized Enterprises (Revised Draft)". The revised draft adds the content of encouraging the development of supply chain finance, stipulating that the city supports financial institutions to provide account receivable financing for upstream and downstream small and medium-sized enterprises based on the credit and transaction information of core departments and enterprises in the supply chain. Build a Beijing supply chain creditor's rights and debts platform based on blockchain and other technologies, and promote payable parties such as government departments and state-owned enterprises to confirm the creditor's rights and debts with small and medium-sized enterprises in a timely manner, helping small and medium-sized enterprises to improve financing efficiency and reduce financing costs.

BSN plans to integrate with 30-40 public chain projects before June 2021
According to the official announcement on July 5, the BSN is divided into two parts, the China Blockchain Service Network BSN and the International Blockchain Service Network BSN, each of which operates independently and abides by the laws and regulations of their respective service scopes. There are no legally connected responsibilities and obligations in operation. BSN China is still managed and operated by the Development Alliance in accordance with the current existing mechanism. The management and operation of BSN International is composed of Beijing Jujube Technology Co., Ltd., a member of the development alliance, and a number of international blockchain technology companies. Although BSN China and BSN International operate independently and have no relationship in the legal sense, the two parties have always maintained common technology and consistent versions. In the initial plan, there are 5 public city nodes in BSN that are connected to BSN International, but the applications that can be deployed in these 5 public city nodes must fully comply with relevant Chinese laws and regulations.

Investment and Financing

Investment and Financing

Serum, a DeFi exchange created based on the high-performance public chain Solana, released the project white paper on July 27 and announced that it will be launched in the near future. According to the Serum white paper, 3% of the Serum ecological token SRM (a total of 300 million SRMs) will be subscribed through private placement. This part of the SRM will be fully locked in the first year, and will start to be linear in the second year after it goes online. Unlocked, fully unlocked in the 7th year. Serum will complete the seed round subscription on Wednesday and start the auction round on Thursday. So far, Serum has received investment from dozens of well-known institutions such as Multicoin, 3Commas, and Sino Global.

global policy

global policy

European Union Publishes Technical Specifications for Its Blockchain Service Testnet Nodes

The European Union has announced the minimum technical requirements for nodes that can participate in its blockchain service test network, and participating nodes will test the EU's blockchain service infrastructure code base. According to technical specifications published last week by CEF Digital, the European Commission's digital connectivity initiative, nodes in version 1.0 of the European Blockchain Services Network (ESBI) must have at least three computer hosts, one for core services and one for BESU and Hyperledger. Two protocol hosts for the Fabric blockchain.

Eight Measures in Jianghan District, Wuhan City to Promote the Innovation and Development of the Blockchain Industry

In order to promote the innovation and development of the blockchain industry, Jianghan District will be built into a demonstration area for the innovation and development of the blockchain industry in Wuhan, and the development of the blockchain industry and the application of scenarios will be promoted. Eight policies and measures have been introduced in three aspects: financial support and financial support. According to the policies and measures, the introduction of enterprises and talents will all be rewarded, and the "disclosure system" will be adopted to collect blockchain application scenarios. In order to promote the development of the blockchain industry, Jianghan District will also establish an industrial fund to provide financial support to enterprises, encourage social investment funds to set up blockchain investment funds in Jianghan District, and enjoy corresponding financial support policies. The specific fund establishment plan will be formulated separately.

On July 28, the Hangzhou Municipal Development and Reform Commission, together with the High-tech Zone (Binjiang) Management Committee and the government, held an on-site meeting and expert seminar on promoting the development of "Six New" in Hangzhou. At the meeting, the construction guidelines for the "Ten Demonstration Scenarios" for the development of Hangzhou's "Six New" were released. In the context of the new era of technological revolution and industrial transformation, the law of new economic creation driven by innovation and scenarios first was proposed. In terms of ecological cultivation of the blockchain industry, Hangzhou will accelerate the innovation and demonstration application of blockchain technology, and support key leading enterprises and platform companies in Hangzhou to explore and establish an industrial ecology based on blockchain. In the process of accelerating the pilot of the central bank's digital currency, enterprises in Hangzhou are encouraged to actively strive for and take the lead in carrying out the pilot settlement of the central bank's digital currency.

Character·Voice

Character·Voice

US CFTC Chairman: A large part of the financial system may exist in the form of blockchain