headlines

headlines

China Securities Journal: It is strictly forbidden to speculate on virtual currency transactions, the central bank interviews some banks and payment institutions

China Securities Journal published an article today stating that it is strictly forbidden to speculate on virtual currency transactions. The central bank interviewed some banks and payment institutions. The article believes that to prevent virtual currency speculation, it is necessary to cut off the payment link of transaction funds in time. Be alert to the dangers of "speculating coins". Regulators and experts have emphasized that Bitcoin is fundamentally different from financial products. Bitcoin trading comes down to hype.

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digital currency

digital currency

According to the official news from the National Architects Team, the NFT of "Surfing the River During the Qingming Festival" originally scheduled to be launched on June 23 will be postponed due to abnormal interface and calculation errors, and the specific release time has not yet been determined.

Gannett, the largest newspaper group in the United States, will launch the first NFT

Gannett, the largest newspaper group in the United States, announced that it will cooperate with Origin, an NFT distribution platform, to auction its first NFT. This NFT was inspired by the first newspaper launched into space in 1971.

German Football Association and Sorare launch NFT player cards

German Football Association and Sorare launch NFT player cards

According to the official Twitter, the German Football Association has reached a cooperation with the football NFT platform Sorare, and will launch a number of NFT star cards including Toni Kroos, Thomas Mueller, Kai Haverts, etc.

Luxury Jewelry and Watch Maker Jacob & Co. Accepts Cryptocurrency Payments

Cryptocurrency exchange CEX announced a new partnership with luxury jewelry and watch manufacturer Jacob & Co. As part of the cooperation between the two companies, Jacob & Co. will enable encrypted payments for its products, allowing users to use Bitcoin and Ethereum and more Multiple cryptocurrencies for payment.

On June 22, Bitcoin China (BTCChina) announced that the shares of ZG.COM, a Singapore-based trading platform invested in January 2019, had been fully acquired by an encryption foundation in Dubai. The specific terms of the sale have not yet been made public. Bitcoin China (BTCChina) stated that it has completely withdrawn from the cryptocurrency trading business in response to domestic policies.

Karura has successfully obtained Kusama's first parachain auction slot, and the number of support exceeds 500,000 KSM

Karura has successfully obtained Kusama's first parachain auction slot, and the number of support exceeds 500,000 KSM

OKLink data shows that at about 16:34 on June 22, the first round of Kusama parachain slot auction ended with a block of 8,023,237. Acala Pioneer Network Karura locked 500,934 KSM, becoming the first Kusama parachain auction For slot items, the rental period is from June 11, 2021 to May 13, 2022.

Data: The USDT flowing into exchanges is decreasing, and the composition of the stablecoin market may change

Data provided by CryptoQuant suggests that a sea change may be taking place in the composition of the stablecoin market, as USDT issuance has begun to stagnate, while the circulating supply of its competitor USDC has resumed its upward trend in the past week. In terms of exchange inflows and reserves for each stablecoin, the amount of USDC deposited to exchanges has actually increased, while the amount of USDT has decreased, resulting in a steady state of total stablecoin reserves held by exchanges.

Grayscale parent company DCG to buy $50 million ETC trust

Digital Currency Group (DCG), the parent company of the encrypted asset management company Grayscale Investments, announced on Monday that it will purchase $50 million in Grayscale ETC Trust.

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Blockchain industry

Blockchain industry

Investment and Financing

Investment and Financing

Crypto mining company Stronghold raises $105 million to turn waste coal into mining electricity

Stronghold Digital Mining, a Pennsylvania-based bitcoin mining company, has announced that it has raised $105 million in funding through two private placements. The company said it plans to use the $105 million in funding to further fund recovery efforts in Pennsylvania, buy crypto mining hardware and turn waste coal into electricity for mining bitcoin and other cryptocurrencies.

global policy

global policy

Norwegian Financial Watchdog Warns Consumers About Cryptocurrencies

As more and more retail investors are investing in cryptocurrencies, seeing them as a new savings and investment alternative. Against this backdrop, the Norwegian Financial Supervisory Authority, Finanstilsynet, has issued a warning against cryptocurrencies, citing trading risks and rampant scams.

The Supreme People's Court, the Supreme People's Procuratorate and the Ministry of Public Security talked about virtual currencies in their opinions on the application of laws in criminal cases of telecommunications and network fraud

The Supreme People's Court, the Supreme People's Procuratorate, and the Ministry of Public Security issued the "Opinions of the Supreme People's Court, the Supreme People's Procuratorate, and the Ministry of Public Security on Several Issues Concerning the Application of Law in Handling Criminal Cases such as Telecommunications and Network Fraud (II)." The "Opinions" stated that dealers of e-commerce platform prepaid cards, virtual currency, etc. were clearly informed that their trading partners were suspected of telecommunications and network fraud crimes, and continued to trade with them, which complied with the provisions of Article 287-2 of the Criminal Law. Criminal responsibility for cybercrime activities. If it constitutes other crimes at the same time, it shall be convicted and punished in accordance with the heavier punishment provisions.

Bank of Korea: There is a high possibility that crypto asset prices are overvalued

According to JoongAng Ilbo, the Bank of Korea released a financial market stability report. When assessing asset markets such as real estate, stocks, and encrypted assets (currency), the report said, “There is a high possibility that some asset prices will be overvalued, and it is difficult to find a reasonable explanation for the sharp rise in encrypted asset prices. The high prices of encrypted currencies Volatility could have implications for the stability of the financial system."

The Ontario Securities Commission (OSC) claimed that the cryptocurrency exchange Bybit ignored the province’s securities regulations and provided a cryptocurrency trading platform to the residents of the province. law to register.

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Ethereum devs: Swarm was split from the Ethereum Foundation in 2019 and became an independent project

Ethereum developer trent stated on Twitter that the Ethereum storage protocol Swarm (BZZ) has been split from the Ethereum Foundation into an independent project since 2019, and has since ceased to receive any support from the Ethereum Foundation. He also said that he hoped that everyone would stop spreading the news that "Swarm is supported by the Ethereum Foundation".

Ethereum developer trent stated on Twitter that the Ethereum storage protocol Swarm (BZZ) has been split from the Ethereum Foundation into an independent project since 2019, and has since ceased to receive any support from the Ethereum Foundation. He also said that he hoped that everyone would stop spreading the news that "Swarm is supported by the Ethereum Foundation".

Grayscale CEO: You are crying, but I am buying

According to the official Twitter, Michael Sonnenshein just tweeted: "You are crying, and I am buying."

Plan B: 41% think BTC will stay below $100,000 in 2021

Crypto analyst PlanB recently launched a survey of Bitcoin price expectations and compared it with a survey from 3 months ago. He tweeted that 41% of people now believe that the price of Bitcoin will remain below $100,000 in 2021, compared with 16% in March (when BTC was priced at $55,000).

Wang Chun, co-founder of F2Pool, said that he has recently purchased 1,100 bitcoins

Wang Chun, co-founder of F2Pool and founder of Stake.fish, tweeted: "I bought 1,100 bitcoins in the past few days and will continue to buy in the future."

Changpeng Zhao: The Cryptocurrency Market Is Still "Very Healthy"

Changpeng Zhao said the cryptocurrency market is still "very healthy" and more countries are expected to adopt cryptocurrencies.

Musk replied to Dogecoin core contributors: The code to reduce fees is an important improvement

Dogecoin core contributor Ross Nicoll tweeted: "I heard that some people are skeptical about the fee reduction code, so I will conduct a second test on the Dogecoin testnet at 2 am Beijing time on June 24th. Test." In response, Tesla CEO Elon Musk replied: "This is an important improvement."

Sources: India may impose 2% tax on cryptocurrencies purchased from offshore exchanges

Existing laws in India may call for a 2 percent “equalisation levy” on cryptocurrency purchases from offshore exchanges, according to local sources. Girish Vanvari, founder of tax consulting firm Transaction Square, said the tax is levied on selling prices and companies may be required to add it to the cost of crypto assets.

Mexico's 3rd richest man: Bitcoin is as reliable as gold and should be in every portfolio

Ricardo Salinas Pliego, the third richest man in Mexico, believes that every investment portfolio should include bitcoin, and he is already a bitcoin holder. In an interview, he stated that Bitcoin is as reliable an investment as gold.

'Big Short' Michael Burry deletes Twitter account a day after posting market crash warning

On June 22, Michael Burry, the protagonist and prototype of the movie "The Big Short", deleted his Twitter account. On June 21, he warned that there were signs of a collapse in the cryptocurrency and meme stock markets. "When cryptocurrencies fall from trillions of dollars, or meme stocks fall from tens of billions of dollars, the losses of retail investors will approach the size of the country." .

CryptoQuant CEO Says Bear Market Is Confirmed

Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, claims to have confirmed a new Bitcoin bear market. He noted that large holders have started flooding exchanges with tokens, a sign of “whale capitulation.”

Morgan Creek Founder: Will Host Webinar on Companies Putting Bitcoin on Their Balance Sheets

Morgan Creek co-founder Anthony Pompliano tweeted: Tomorrow will be hosting a webinar with Genesis Trading CEO focusing on companies that have Bitcoin on their balance sheets.

Report: Billions in Cryptocurrency Moved to Malta Under 'Lax' Regulation