| ETH rose 6.8% within the day; BTC futures daily trading volume hit a 3-month low

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headlines

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Data: Bitcoin futures daily volume hits three-month low at $103 million

According to Glassnode data, the daily trading volume of Bitcoin futures reached a new low of 103 million US dollars in three months. The previous low was about 104.4 million US dollars on June 14.

digital currency

digital currency

Tether will conduct TRC20 to ERC20 protocol token conversion on June 29

Tether tweeted that on June 29th, Tether will cooperate with a third party to carry out a larger amount of USDT on-chain conversion (from TRC20 to ERC20 protocol). More details will be announced in the coming days. During this process, the total USDT supply will not change.

DAppTotal: DeFi project lock-up value exceeds 1.6 billion US dollars, Compound ranks No. 1 in the market

According to the data on the DAppTotal.cn DeFi special page, as of now, the total locked funds of 38 DeFi projects that have been counted exceed 1.6 billion US dollars, of which Compound has a locked position of 486 million US dollars, surpassing Maker’s 419 million US dollars and becoming a new DeFi Big Brother. The main reason for the sharp increase in the locked value of Compound is that, affected by its "borrowing is mining", the number of core locked tokens has shown a substantial increase, of which ETH locked positions have increased from 293,000 to 963,000. Increased by more than 2 times, BAT locked positions increased from 7.9 million to 88.04 million, an increase of more than 10 times, while other locked tokens such as REP and USDC also showed a good growth momentum.

Bloomberg: Wirecard's allegedly missing $2.1 billion may not have existed in the first place

Last week, the German encryption bank card company Wirecard lost 1.9 billion euros (about 2.1 billion U.S. dollars) on its balance sheet. At present, the company has canceled the financial report release for fiscal year 2019 and the first quarter of 2020 and is considering a comprehensive restructuring to survive. . Wirecard's latest statement said that "the 1.9 billion euro bank trust account balance generally does not exist" and that they are in "constructive discussions" with their lenders, but at least 15 lenders have asked the company for further clarification on the matter. (Bloomberg)

The founder of BTC-e was frozen 140 million New Zealand dollars by the New Zealand police
New Zealand police freeze NZ$140m from Canton Business and BTC-e founder Alexander Vinnik. In what police say is the largest funding restriction in history to date, cybercriminals have laundered money through US-operated exchange BTC-e, making "regular" proceeds from a range of criminal activities including hacking, ransomware attacks , theft, fraud and drug crimes.

As previously reported, Vinnik was arrested in northern Greece while on vacation in 2017 and accused of using cryptocurrencies to launder billions of dollars. Both the United States and Russia have since made extradition requests. In December 2019, Alexander Vinnik was extradited to France. (RNZ)

UMA will create COMP synthetic token which can be shorted

The UMA community announced that it is creating COMP synthetic tokens that will allow synthetic token miners to short COMP tokens, and synthetic token buyers will hold COMP risk (but no voting rights).

Distributed dark pool main network RenVM transaction volume exceeded 10 million US dollars

The CTO of the distributed dark pool Ren Protocol announced today that the trading volume of RenVM has exceeded 10 million US dollars. As of press time, the value of RenVM locked tokens is close to $4.8 million. Meanwhile, RenVM has helped the nodes it powers collect over $10,000 in fees, with $5,000 of that coming soon. It is understood that on May 27, the distributed dark pool REN announced the official launch of the RenVM mainnet. RenVM is the first to support connecting Bitcoin, BCH and Zcash to the Ethereum network.

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Blockchain industry

Blockchain industry

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Investment and Financing

Investment and Financing2020-06-22 09:11

Omise parent company SYNQA completes USD 80 million Series C financing led by SCB 10X and SPARX Group
SYNQA, the parent company of Omise and OMG Network, announced the completion of $80 million in Series C financing, led by SCB 10X and SPARX Group, Toyota Financial Services (TFS), Sumitomo Mitsui Banking Corporation (SMBC), SMBC Venture Capital Corporation (SMBCVC), Aiheyi Nissei Dowa Insurance (ADI) and others participated in the investment.

SYNQA, a Thai fintech company, will use the financing to develop enhanced enterprise solutions and products, and its subsidiary Omise will continue to explore the use of technologies such as open APIs and OMG, a value transfer network on the Ethereum blockchain Network, to meet the needs of the enterprise market to transform into financial technology. (Cointelegraph)

Tether Makes $10 Million Equity Investment in Celsius Network

Tether (USDT) has made a $10 million equity investment in the encrypted lending platform Celsius Network (CEL), with a pre-financing valuation of $120 million and a post-financing valuation of $150 million. Celsius CEO Alex Mashinsky said the non-voting stake in the sale ensures investors won’t force the company to alter its core mission of sharing 80% of profits with the community. Previously, Celsius Network launched a $15 million equity funding round where investors can participate at a low cost of $1,000. (Cointelegraph)

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global policy

global policy

UK Financial Conduct Authority Requires Crypto Companies to Submit Registration Applications by June 30

The UK’s Financial Conduct Authority (FCA) has reminded businesses conducting crypto asset activities in the UK that they must submit a complete registration application by June 30 in order to start their business. For any business that started business in the UK before January 10, 2020, and was not registered with the FCA before January 10, 2021, it must cease operations. According to previous news, this change is part of the previous amendments to the UK's Anti-Money Laundering and Anti-Terrorist Financing Regulations. (Finance Feeds)

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Character·Voice

V God: Improving the gas limit in the short term is the only way to expand capacity

The Twitter account UniTimes forwarded the article and stated that Ethereum miners proposed to increase the gas limit to 12.5 million, and Vitalik objected. In this regard, V God replied in Chinese, "It's not an objection. I objected 6 weeks ago. Now the Gasprice has been so high, and it is not good for users. The long-term solution must be to move all the applications that can be moved to Rollup first. Move to Rollup and wait for sharding, but increasing Gaslimit in the short term is the only way to expand capacity, so the benefits may outweigh the disadvantages...I don’t know.”

The Twitter account UniTimes forwarded the article and stated that Ethereum miners proposed to increase the gas limit to 12.5 million, and Vitalik objected. In this regard, V God replied in Chinese, "It's not an objection. I objected 6 weeks ago. Now the Gasprice has been so high, and it is not good for users. The long-term solution must be to move all the applications that can be moved to Rollup first. Move to Rollup and wait for sharding, but increasing Gaslimit in the short term is the only way to expand capacity, so the benefits may outweigh the disadvantages...I don’t know.”

Analyst: ETH on track to hit $300 in August or September

Crypto analyst and full-time trader Michaël van de Poppe said ETH is on track to hit $300 in August or September. He shared the chart on June 22, writing that “so far so good.” The chart shows that as long as ETH remains in the $225 area, ETH is likely to rebound as the uptrend formed from the March lows continues to the critical $300 price point. (Bitcoinist)

Wu said blockchain: Zhan Ketuan intends to acquire shares of Wu Jihan and others at a valuation of US$4 billion