| Data shows that $500 million has been injected into the DeFi protocol in the past week; the blockchain service network BSN will integrate with Chainlink
headlines
Data: In the past 7 days, DeFi protocols have injected more than 500 million US dollars
During this period, the locked ETH was 461,000 pieces, and the current daily output of miners is about 15483 ETH. This means that the ETH injected by users into the DeFi protocol is more than four times that of the ETH produced during the same period. (CryptoPotato)
digital currency
The BCH development team proposed algorithms such as EMA to solve the DAA problem, and the income of the machine gun pool may decrease
Crypto Startup Notabene Launches FATF Travel Rule Compliance Tool for Exchanges
Blockchain Service Network BSN to Integrate with Chainlink
KPMG Launches KPMG Chain Fusion, a Crypto Asset Management Tool
Former Wirecard CEO arrested in Germany for allegedly inflating company performance through fake transactions
On June 23, according to relevant sources, the funding project Mi Le Short Video may be interviewed by the Ministry of Industry and Information Technology. At present, the Mi Le Short Video IOS port APP has been removed from the shelves. Previously, it was revealed that when it was investigated by the West Lake Branch of the Hangzhou Public Security Bureau on June 10, the office address of Mile Company had already been vacated. It is reported that Mile Short Video is an MLM fund project under the banner of blockchain, with the gimmick of "0 investment, 0 threshold, 0 risk, you can make money by watching videos". Step" is almost the same. (Deep Chain Finance)
Blockchain industry
Kunming launched the public resource transaction blockchain service platform "Kunyi Chain"
Beijing Bitmain reached a preliminary consensus on basic issues such as the company's production and operation
On June 23, Beijing Bitmain announced that the two major shareholders had negotiated on basic issues such as the company's production and operation, and initially reached a consensus. The main consensus is as follows:
1. Maintain the company's normal production and operation order as much as possible, especially reduce the impact on external customers and suppliers;
2. Keep the company's accounts timely and complete to ensure the company's financial and tax compliance;
Options trading platform Sparrow completes US$3.5 million in Series A financing led by HDR Group, the parent company of BitMEX
Investment and Financing
Singapore options trading platform Sparrow announced the completion of US$3.5 million in Series A financing, led by HDR Group, the parent company of BitMEX, with participation from Signum Capital, Du Capital and FinLab EOS VC.
On-chain options platform Opyn completes $2.16 million in financing led by Dragonfly Capital
On-chain options platform Opyn completes $2.16 million in financing led by Dragonfly Capital
On-chain options platform Opyn announced the completion of $2.16 million in financing, led by Dragonfly Capital. Other investors included Version One Ventures, Uncorrelated Ventures, 1kx, A. Capital, DTC Capital, CoinFund, and individual investors Balaji Srinivasan and Robert Leshner (CEO of Compound), Dylan Field and Linda Xie, among others. Opyn said it will use the funds to expand the team, recruit core staff, and further develop the protocol and improve security.
Quantum chain (Qtum) announced that it has completed an angel investment of US$2 million in pomegranate mining pool (6block.com), further improving the layout of quantum chain in the field of distributed storage. Quantum Chain said that as early as 2018, it carried out explorations in the field of distributed storage, and proposed that a general library (decentralized data access objects) can be used for data management. The two parties stated that the Pomegranate Pool will also launch a Filecoin hardware acceleration solution and a general privacy computing platform in the later stage.
global policy
Dutch bank ING Bank has drawn up a protocol to assist the Financial Action Task Force (FATF) with its proposed travel rule for crypto exchanges and digital asset trading firms. The protocol is currently known as the Travel Rule Protocol (TRP), a solution also supported by Standard Chartered Bank, Fidelity Digital Assets and BitGo, among others from the crypto space. company's support. (CoinDesk)
Character·Voice
Acting OCC chief: Central bank digital currencies should be designed by the private sector, overseen by the government
Discussion about potential plans for a "digital dollar" has grown in recent weeks, in part because recent congressional hearings touched on the issue. Much of the discussion has focused on the question of whether the private sector or a government entity should design and operate a U.S. central bank digital currency (CBDC). In this regard, Brian Brooks, acting director of the U.S. Office of the Comptroller of the Currency, said that the design of CBDC should be led by the private sector, because the technology field is most suitable for building currency, while the role of the government is to supervise currency.
Brooks pointed out that the issue of central bank digital currencies must be solved, but does not believe that government leadership is necessary for the United States to take the lead. Instead, he sees the government’s role in projects like stablecoins as creating guardrails and navigating market dynamics, leaving it to profit-driven innovators to create. (The Block)
Waves CEO: Rapid adoption of DeFi could hurt its long-term growth
Opinion: In the long run, the DeFi boom will eventually benefit Ethereum
Well-known Ethereum milk king Ryan Sean Adams pointed out in his latest Bankless newsletter that some of the top DeFi tokens, namely COMP, AAVE and SNX, have risen sharply in the past week, but Ethereum has barely achieved a 3% increase in the same period . Analyzing the bearish and bullish views, Adams concludes that the bullish view is more likely to be accurate for three reasons. First, the amount of ETH locked in DeFi has increased significantly. Since the COMP token distribution began, another 400,000 ETH has been locked in DeFi smart contracts, and the total number of locked ETH now exceeds 3 million.
In addition, Adams also mentioned that a fund manager is adjusting his portfolio to reduce Bitcoin and increase Ethereum. Earlier this year, it was reported that more than half of all ethereum mined this year was bought by Grayscale, further cementing the narrative of a shift in institutional momentum.
The third reason comes from the Protocol Sink theory, that is, the DeFi protocol with the highest settlement guarantee becomes the base layer of encrypted banks—maybe even commercial banks and national banks.
