| Fuzhou: Actively strive for the landing of the digital renminbi pilot; El Salvador's vice president: more countries will follow El Salvador's bitcoin adoption model (October 18)
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2021-10-18 01:13
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Report: The encrypted ATM market will reach US$3.55 billion in 2030, with a compound annual growth rate of about 60%

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Fuzhou: Actively strive for the landing of the digital renminbi pilot

El Salvador’s vice president, Félix Ulloa, predicted in a recent meeting with LATFRAN’s vice president, Pascal Drouhaud, that more countries will follow El Salvador’s Bitcoin adoption model. Ulloa expects impoverished El Salvador to become an economic and financial center as it makes a bold bet on bitcoin. Additionally, he claimed that Bitcoin will benefit the approximately 1.17 million Salvadoran immigrants living in the United States.


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digital currency

Satoshi Nakamoto enters the list of the world's top 20 richest people

Satoshi Nakamoto, creator of the bitcoin network, entered a list of the world's 20 richest billionaires in mid-April, but the inventor's fortune plummeted after the price of bitcoin fell. Bitcoin has soared above $60,000 this week and hit a high of $62,945 on Friday. Using today's prices and the number of Bitcoins Satoshi reportedly owns, Satoshi has once again joined the ranks of the 20 richest people on Earth. Last time, Satoshi Nakamoto was ranked 19th, and this time around, the inventor of Bitcoin is now the 20th richest person on Earth."JMP Securities Says Crypto Economy Is Going Mainstream"Investment bank and asset manager JMP Securities said the cryptocurrency economy is becoming mainstream, emphasizing that cryptocurrency adoption and early use cases have established escape velocity.

However, analysts at the firm noted that the industry is still in its formative stages. JMP Securities recently published a research note discussing cryptocurrency adoption. Analysts point out that the crypto economy is entering the mainstream. The analyst further explained:

Today's industry is far from perfect, scams do exist, regulation has not yet evolved, and given the technical aspects of the space, the industry needs more education. Nonetheless, they believe the industry's potential warrants continued investment and growth.

People familiar with the matter: Grayscale is about to apply to convert its bitcoin fund into a bitcoin spot ETF

According to BSCscan data, the number of unique addresses on Binance Smart Chain (BSC) exceeded 100 million, and as of yesterday, the number was 100,112,617.


Blockchain industry

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Blockchain industry

Gavin Wood: Polkadot treasury currently has 18,936,300 DOTs to encourage ecological development

Polkadot founder Gavin Wood tweeted that Polkadot treasury currently has 18,936,300 DOTs (note that they are DOTs, not U.S. dollars, which can be calculated by yourself) ready to be used for the community’s ideas on construction, improvement, education, and any Polkadot governance thinks it is useful. something of value.

NFT project Next Earth will donate $64,000 from the sale of virtual land to four environmental charities

NFT project Next Earth announced that it will donate $64,000 from the sale of virtual land to four environmental charities. The Ocean Cleanup, SEE Turtles, Kiss The Ground and Amazon Watch will each receive community-based voting grants. The distribution of funds for the four charities is carried out in a DAO, which allows Next Earth's community to decide how to distribute the funds raised from virtual real estate sales. Funding for the virtual land is pre-allocated, with 10% of the total funds raised allocated to charitable donations. The Ocean Cleanup received the most votes and will receive 86 BNB, SEE Turtles will receive 24.57 BNB, and Kiss The Ground and Amazon Watch will each receive about half of the remaining 51 BNB.

Report: At least $5.2 billion in Bitcoin transactions from July 2018 to the present may be related to ransomware

Dalian High-tech Zone: 92.46% of organizations, state-owned enterprises and public institutions have completed digital RMB personal wallets


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Dalian High-tech Zone has successfully realized the city’s first financial subsidy fund business in the form of digital renminbi. In addition, high-tech zone organizations, institutions, and state-owned enterprise staff have widely opened digital renminbi personal wallets, with a completion rate of 92.46%. At present, the work of digital renminbi "entering institutions" is being promoted, and internal consumption application scenarios such as payment of party dues, trade union funds, and delivery services are gradually established. The next step will focus on digital renminbi "entering enterprises, shopping malls, communities, campuses, and rural areas. "Special action.

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Li Lihui: my country's financial technology innovation has shown specific advantages leading the world

Li Lihui, former president of the Bank of China and head of the blockchain working group of the China Internet Finance Association, said at the Monetary and Financial Roundtable Conference and Digital Finance and Commercial Bank Management Seminar held on October 16 that a new pattern of digital finance in China is emerging. The digital financial architecture poses new challenges to financial data security, which requires the improvement of data governance capabilities. my country's financial technology innovation has shown specific advantages leading the world. For example, big data technology was first applied to establish digital trust, discover credit through data mining, explore credit value, and promote credit popularization; digital process reengineering with efficiency as the focus, financial institutions transform the centralized structure into a "centralized + distributed + data cloud" architecture, promoting the digital process reengineering centered on the efficiency of financial services; launched the digital RMB for the public, etc.

Huainan Police: "TFEX Virtual Currency Platform" Suspected of Fraud

The official Weibo of the Bagongshan Branch of the Huainan Public Security Bureau issued a police report stating that on May 18, 2021, the Bagongshan Branch of the Huainan Public Security Bureau opened a case for investigation into the suspected fraud of the "TFEX Virtual Currency Platform" in accordance with the law. On May 20, criminal coercive measures were taken against suspects Zhu, Guo and others according to law. After investigation, the criminal suspects Zhu, Guo and others used the "TFEX" virtual currency trading platform to use online videos and offline physical studios to guide the victim to invest in virtual currency, attracting the participation of the masses, fabricating facts, and making illegal profits. Suspected of fraud. Currently, the case is under investigation according to law.

Mark Cuban: Will not invest in Bitcoin ETFs, preferring to buy BTC directly

News NBA Dallas Mavericks owner Mark Cuban said that he does not plan to invest in Bitcoin ETF or Bitcoin futures ETF, and can directly buy BTC."Report: 14% of U.S. Credit Card Users Want Cryptocurrency Rewards from Credit Cards"A recent Coupon Follow study of 1,011 Americans revealed that 14% of U.S. credit card users want to receive cryptocurrency rewards from their credit cards. For example, Blockfi credit card users can earn up to 3.5% back in Bitcoin (BTC) when they shop. The credit card issued by Crypto.com pays rewards in CRO every time the cardholder makes a purchase. According to Couponfollow's research results, known as

baby boomer

of the generation (generally defined as those born between 1946 and 1964) own an average of three credit cards.

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