headlines
According to The Block Research data, Ethereum miners set an all-time high fee income of $17 million on September 1. The figure is 3.7 times the highest amount recorded in December 2017 and January 2018 when cryptocurrency prices surged. On the other hand, Bitcoin miners generated $1.5 million in transaction fees yesterday, which is only 9% of the fees of Ethereum miners. Larry Cermak, director of research at The Block, said that the surge in Ethereum transaction fees and the surge in miners' income may lead to an increase in the price of Ethereum mining machines in the secondary market. This trend is good for mining chipmakers like AMD and Nvidia, Cermak said. (The Block)
digital currency
The total lock-up volume of DeFi protocols exceeded 12 billion US dollars, and Uniswap ranked first with 1.9 billion US dollars
According to DeBank data, the total lock-up volume of DeFi protocols exceeded US$12 billion, and is now US$12.37 billion. The top five lock-up volumes are: Uniswap ($1.9 billion), Maker ($1.6 billion), Aave ($1.6 billion) ), SushiSwap ($1.3 billion), Curve ($1.1 billion).
SushiSwap's new 5 major LP pools will take effect at 15:00 on September 4
SushiSwap's new 5 major LP pools will take effect at 15:00 on September 4
On September 2, Chef Nomi tweeted that SushiSwap will open five new liquidity pools REN-ETH, sUSD-BASED, SRM-ETH, YAMv2-ETH, and ETH-CRV. Specifically, all adjustments will take effect after epoch 1599202800 (15:00 on September 4, Beijing time).
The total locked position of SUN Genesis Mining exceeded 3.5 billion TRX within 3 hours
The data shows that the total lock-up volume exceeded 3.5 billion TRX within 3 hours after the launch of SUN Genesis Mining.
IRISnet DeFi and cross-chain test network Bifrost launched, opening the Phase-0 stage
IRISnet DeFi and cross-chain test network Bifrost launched, opening the Phase-0 stage
WaykiChain: Governance currency WGRT was falsely mapped by Tron JustSwap, which is purely fraudulent
The pilot project of building a strong transportation country in Shenzhen will use blockchain and other technologies to promote the interconnection and sharing of multimodal transport public information
Blockchain industry
It is reported that Kazakh law allows the mining of cryptocurrencies backed by assets and prohibits the use of unsecured cryptocurrencies such as Bitcoin. (Reuters)
Kazakhstan in talks to invest over $700 million in cryptocurrency mining projects
Kazakhstan is negotiating to attract investments worth 300 billion tenge ($714 million) into the cryptocurrency sector, Minister of Digital Development Bagdat Mussin said on Wednesday. Kazakhstan claims that the country accounts for 6% of global cryptocurrency mining.
The country passed legal amendments in June to clarify the regulation and taxation of cryptocurrency mining in hopes of boosting an oil-dominated economy that could provide energy-hungry businesses with relatively cheap electricity. Mussin told a government meeting that the family already had 13 mines in operation and four were under construction. He said that more than 80 billion tenge ($190 million) had been invested in this field. “Today, we have reached a preliminary agreement on attracting investments worth 300 billion tenge.”
It is reported that Kazakh law allows the mining of cryptocurrencies backed by assets and prohibits the use of unsecured cryptocurrencies such as Bitcoin. (Reuters)
Investment and Financing
Cashaa Receives $5 Million Investment From Blockchain Investment Advisory Firm O1ex
Cashaa Receives $5 Million Investment From Blockchain Investment Advisory Firm O1ex
secondary title
Safety
Security company CertiK: SushiSwap imitation disk YUNO and KIMCHI smart contract vulnerabilities or potential security risks
In order to ensure that the infinite issuance loophole will not be triggered, the smart contract owners of the Yuno and Kimichi projects must be restricted from the outside. The currently implemented restrictions are consistent with the Sushiswap project, that is, there is a 48-hour delay for any smart contract operations performed by the smart contract owner. Any operation from the smart contract owner will be observed by all investors and have 48 hours to respond.
global policy
South Korea's Bithumb was searched by Seoul police for alleged fraud
According to Seoul News, the Seoul police conducted a search of the head office of Bithumb, South Korea’s largest exchange. Li Zhengxun (transliteration), the actual owner of Bithumb, is currently under investigation by the police for alleged fraud and cross-border transfer of assets. According to the Seoul Metropolitan Police, the search was related to the issue of the cryptocurrency BXA in October 2018 when Lee Jung-hoon and BK Group Chairman Kim Byung-gun were negotiating the sale of Bithumb shares. BXA victims said that Li Zhengxun and others pre-sold about 30 billion won of tokens in the name of online BXA, but they did not actually go online, causing a lot of losses.
Character·Voice
SlowMist Cosine: Even DeFi that has been audited for security may have the risk of excessive authority
Co-founder of Aave: The DeFi distribution model is unfair and mainly serves the rich
Co-founder of Aave: The DeFi distribution model is unfair and mainly serves the rich
