headlines

headlines

Bitcoin and other mining machines were collectively cut off, Sichuan closed all mines

Not long ago, Sichuan announced the rectification of Bitcoin and other digital currency mining. Today, it was reported that at midnight on June 20, all mines in Sichuan were cut off collectively, and Bitcoin miners who were too late to transfer suffered huge losses. According to reports, Sichuan is the largest concentration of Bitcoin miners in China and even in the world, with about 8 million loads being used for cryptocurrency mining.

Uganda central bank launches regulatory sandbox framework for fintech startups

The Bank of Uganda (BOU) has announced the launch of a regulatory sandbox to allow fintech start-ups to test their innovative financial solutions in a controlled environment.

On June 20, the official website of the United Nations issued a document "Sustainable Solutions or Climate Catastrophe?" The Dangers and Prospects of Cryptocurrency Technology. The article stated that recently, the negative impact of cryptocurrencies such as Bitcoin on the environment has been widely reported in the media, and volatility is also considered to be a concern. Nonetheless, the United Nations believes that blockchain could be of great benefit to those fighting the climate crisis and help achieve a more sustainable global economy.

digital currency

digital currency

SushiSwap will be deployed on Celo as soon as next week and start liquidity mining

According to official news, SushiSwap is expected to be deployed on the digital payment platform Celo as soon as next week and start a liquidity mining plan.

Ethereum Developer Tim Beiko Suggests Stress Tests Should Be Conducted After Testnet Launches London Upgrade

Ethereum developer Tim Beiko said that when the Ethereum testnet is upgraded in London, you should try to do a stress test, fill about 100 blocks on the network with transactions, and see how the client (and the underlying infrastructure) behaves. deal with this problem.

Crusoe Energy, a North American mining company, has cut carbon emissions in half by mining with surplus natural gas energy

Denver-based crypto mining firm Crusoe Energy has cut carbon dioxide emissions by more than half, equivalent to the emissions of roughly 1,700 cars, by harnessing surplus natural gas energy.

MakerDAO launched a proposal to activate the lightning casting module, and the maximum amount of casting is 500 million DAI

MakerDAO launched a proposal that would activate the Flash Mint module and increase the debt floor. The specific proposals are: 1. Activate the lightning casting module, the maximum amount of casting is 500 million DAI, and users will pay 0.05% fee; 2. Increase the general debt floor (dust), except for PSM-USDC-A, ETH-B and ETH-C In addition, the debt dust parameter of all vault types will be increased from 5,000 DAI to 10,000 DAI; the dust parameter of ETH-B vault type will be increased from 15,000 DAI to 30,000 DAI.

secondary title

Blockchain industry

Blockchain industry

Both houses of the U.S. state of Colorado's legislature have approved legislation that, if signed into law, would examine a range of new technologies, including blockchain, for their potential use in managing the state's water supply.

Investment and Financing

Investment and Financing

Amber Group (www.ambergroup.io), a global encrypted financial service provider, announced the completion of over US$100 million in Series B financing, with a valuation of over US$1 billion. Investors in this round include Tiger Brokers, Tiger Global Management, Arena Holdings, and Tru Arrow Partners, A&T Capital, Sky9 Capital, DCM Ventures, Gobi Partners, etc. In addition, old shareholders Pantera Capital, Coinbase Ventures and Blockchain.com also continued to follow suit.

global policy

global policy

The US House of Representatives recently passed legislation requiring public companies to disclose environmental, social and governance (ESG) metrics. The bill, which passed by a vote of 215 to 214, is now before the Senate. The bill also requires the US SEC to establish a "Sustainable Finance Advisory Committee." Passage of the bill could help shift bitcoin miners to clean energy.

Character·Voice

Character·Voice

Registered Association of Financial Crime Professionals: El Salvador's Embrace of Bitcoin May Breed Financial Crime

Gonzalo Vila of the Association of Registered Financial Crime Specialists (ACFCS) said that “the social and security situation in El Salvador has improved recently, but there are still significant risks and vulnerabilities....Legitimate companies may be used through the financial system. Move dirty money that comes from elsewhere.” El Salvador’s embrace of bitcoin could open the door for ransomware hackers, money launderers and international criminals looking to cash out.

Fed Kashkari: Dogecoin is a Ponzi Scheme

Neel Kashkari, President of the Minneapolis Federal Reserve Bank of the United States, commented on Coinbase Chief Legal Officer Paul Grewal’s investigation on the correct pronunciation of Dogecoin published on LinkedIn: “Correct Pronounced ponzi (Ponzi scheme)".

Head of Aave's Institutional Business: Other Parts of the Encryption Market Need to Be Decoupled from Bitcoin

Ajit Tripathi, head of Aave's institutional business, tweeted today that cryptocurrencies do not need to subvert, and cryptocurrencies need to decouple the rest of the encryption market from Bitcoin.

Plan B: Bitcoin price may rise to $135,000 by the end of 2021

Crypto analyst PlanB tweeted today that Bitcoin could trade at $135,000 by the end of 2021. Even with a “worst-case scenario” for Bitcoin, we would still see it trade at $47,000 in August.

Dean of the Bank of China Research Institute: The banking industry must seize opportunities such as digital currency pilot areas and trade finance blockchain platforms

Chen Weidong, dean of the Bank of China Research Institute, said that the banking industry should seize major opportunities such as the digital currency pilot zone and the blockchain platform for trade finance, deepen the application of financial technologies such as big data, blockchain, and artificial intelligence, and build an intelligent ecosystem and Digital scenario-based services accelerate the development of the digital economy, actively participate in and lead the formulation of global digital rules.

European Central Bank executive committee: discussing the new euro system payment instrument regulatory framework to include the supervision of stablecoins