headlines
headlines
According to L2BEAT data, as of September 13, the total lock-up volume of Ethereum Layer 2 has exceeded 3 billion US dollars, of which the largest lock-up volume is the expansion program Arbitrum, which is about 2.2 billion US dollars (up to 3263.90% within 7 days), accounting for Bi reached 73.75%; followed by dYdX, with a lock-up volume of US$329.8 million, accounting for 10.89%; Optimism ranked third with a lock-up volume of US$155.7 million, accounting for 5.14%.
digital currency
CITIC Securities: In the next 3-5 years, Yuan Universe will enter the embryonic exploration period
The CITIC Securities Research Report pointed out that metaverse-related topics are rapidly breaking the circle, the market is highly concerned, and differences and consensus coexist. We believe that the ultimate metaverse connecting the physical world and the digital world will become the way of life of human beings in 20 years and reshape the digital economic system. The metaverse aggregates a large number of discrete single-point innovations to form new species, bringing long-term potential and opportunities beyond imagination. In the next 3-5 years, Metaverse will enter the prototype exploration period, and progressive technological breakthroughs and business model innovations in fields such as VR/AR, NFT, AI, cloud, PUGC game platform, digital human, and digital twin city will emerge one after another. In the medium and long term, the investment opportunities of Metaverse include: GPU, 3D graphics engine, cloud computing and IDC, high-speed wireless communication, Internet and game company platform, digital twin city, industrial Metaverse, solar energy and other sustainable energy sources.
Optimism, the Ethereum scaling solution, announced that it has just doubled the throughput limit of the mainnet, allowing it to process up to 200,000 transactions per day before starting to cap higher gas prices.
Cyprus SEC Issues Policy Statement Regarding Registration of Crypto Companies
It is reported that MDEX successfully completed the second phase of IMO. The number of MDX pledges in the current period reached 23 million, the number of xMDX pledges reached 1 billion, the number of DMT participants exceeded 6,500, and the pledge amount exceeded 350 million US dollars. :00 One-click Claim new assets, the principal can be withdrawn after the lock-up period ends.
Blockchain industry
Blockchain industry
Fidelity Digital Assets to increase staff by 70% by year-end
Sunfidelity Investments is growing its digital asset team and seeking to scale up its cryptocurrency-related offerings. Tom Jessop, president of Fidelity digital assets, said in an interview that the company, which already provides institutional services ranging from digital token custody to trade execution, plans to increase its digital asset headcount by 70 between April and the end of the year. %. Fidelity Digital funds (Fidelity Digital funds) managing director Peter Jubber said in an interview that Fidelity is also exploring the possibility of issuing yield funds and other products that may involve stablecoins or DeFi tokens.
E Weinan, an academician of the Chinese Academy of Sciences and a professor of the School of Mathematical Sciences of Peking University, advocated the creation of the "Blockchain" course when participating in the course setting of this year's Summer Applied Mathematics Seminar at Peking University. In his opinion, this contains the most challenging in scientific computing question.
According to documents submitted by Coinbase to the U.S. Securities and Exchange Commission (SEC), Coinbase will issue $1.5 billion in secured senior notes due in 2028 and 2031 through a private placement, which will be fully provided by Coinbase, Inc., a wholly-owned subsidiary of Coinbase. The amount is unconditionally guaranteed. Coinbase stated that the purpose of this fundraising is to continue to invest in product development, as well as to invest in or acquire other companies, products or technologies that Coinbase may make in the future.
The current regulation of cryptocurrency mining in Ukraine is still undecided. Konstantin Yarmolenko, a leading adviser on cryptocurrency affairs in the Ukrainian parliament, said that although it is not regulated, cryptocurrency mining is not banned. Additionally, he stated that various accounting issues related to cryptocurrency-related activities, including mining, will be addressed in an upcoming tax code amendment. It is reported that Konstantin Yarmolenko is the head of the advisory team of the multi-party Blockchain4Ukraine parliamentarian group. He further stated that according to the recommendations of the Financial Action Task Force (FATF) on money laundering, cryptocurrency mining does not need to be licensed. The Act on Virtual Assets, which was passed by the Rada in its second reading on Wednesday, will come into force after lawmakers make the necessary changes to the tax legislation. Yarmolenko revealed that the authors of the amendment plan to adopt a 0% VAT rate for all businesses involving virtual assets, with the exception of sales of specialized equipment and hardware cryptocurrency wallets.
According to official data, the circulation of TRC20-USDC exceeded 200 million pieces, and the number of independent addresses exceeded 307,000.
global policy
global policy
U.S. House Democrats Propose Tax Hikes That Cover Cryptocurrencies
Democrats in the U.S. House of Representatives will propose tax increases to support Biden's $3.5 trillion economic package, which includes industries such as cryptocurrencies and tobacco, sources said. Cryptocurrencies, which would be subject to the same tax rules as other financial instruments and would be subject to wash and disguised sales rules, are expected to raise about $16 billion. Democrats also proposed a 3% surcharge on individuals earning more than $5 million. The top capital gains tax will rise from 20% to 25%, and the top corporate tax will rise from 21% to 26.5%. The corporate tax changes are expected to cost the government $900 billion in additional tax revenue and about $1 trillion in higher taxes from high-income individuals.
South Korean cryptocurrency exchange Borabit has applied for an anti-money laundering patent
The Indian government is said to be taxing cryptocurrency transactions
Character·Voice
Character·Voice
Billionaire Leon Cooperman: Bitcoin doesn't make a lot of sense
Billionaire and hedge fund Omega Advisors founder Leon Cooperman said in an interview with CNBC recently that Bitcoin "doesn't make a lot of sense" and warned potential cryptocurrency buyers to "be very careful" about Bitcoin. For him, gold would be a better store of value than bitcoin, he said. Additionally, Cooperman stated that the U.S. government will eventually oppose Bitcoin.
Bloomberg: The energy consumed to mine Bitcoin this year has exceeded the level of 2020
Bloomberg New Energy Finance estimates that the energy used to mine Bitcoin this year has surpassed 2020 levels and will be equivalent to all the electricity consumed in Pakistan.
A recent survey by Deloitte found that more than three-quarters of UK financial firms believe that digital assets will become an alternative to, or even replace, fiat currencies within the next five to 10 years.
