
headlines
headlines
Block.one's share repurchase doubled the return of early investors by 66 times
According to a Bloomberg report on May 22, Block.one, the developer behind the mainstream encrypted digital currency EOS, is about to pay a high price to recover 10% of its early investors' shares. On average, the $100,000 shares of early investors are now worth $6.6 million. , according to Bloomberg's calculation and analysis, this will bring up to 6567% of the investment income for Block one's early equity investors.
Tuur Demeeste, co-founder of Adamant Capital, commented on the report that "the Ethereum Foundation will spend $19 million to fund key projects such as Ethereum 2.0 upgrades and Plasma," saying, "Can money buy technological breakthroughs? Let us wait and see." V God replied to Demeeste: "Actually, we have achieved all the research breakthroughs needed to fully implement ETH2.0. This situation has been going on for about a year."
digital currency
digital currency
Data shows that the number of new accounts opened by Japanese crypto exchanges has increased by 200% in the past two months
In the past two months, the number of new account openings on Japanese cryptocurrency exchanges has increased by 200%. Data from the three major trading platforms Bitpoint, DMM Bitcoin and Coincheck shows that entry-level investor interest in Bitcoin has increased significantly since the end of March. Taking Bitpoint as an example, the number of daily account openings in May was three times that of March and double that of April. Coincheck’s public relations department said the local peak occurred on May 14, when the number of online accounts on that day was seven times the average in March. The figures correspond to bitcoin prices in the range of $3,750 to $4,150 in March, and bitcoin trading around $8,250 against the U.S. dollar on May 14. (JP. Cointelegraph)
Swiss Stock Exchange SIX to Launch Swiss Franc Stablecoin
Switzerland’s largest stock exchange, SIX, is working to create a Swiss franc-pegged “stablecoin,” a cryptocurrency pegged to the Swiss franc, to facilitate trading on the SIX Digital Exchange (SDX). SIX could not provide more information on whether the stablecoin will be used inside SDX (similar to JPM Coin) or whether it is a stablecoin that can be traded on the exchange. In July last year, SIX said the SDX would be operational in the second half of 2019, initially tokenizing stocks and bonds. (CoinDesk)
Brick-moving players in Hangzhou, Zhejiang fell into a "non-sucking" scam involving 7,000 BTC
Hangzhou, Zhejiang recently revealed a case of bitcoin illegally absorbing public deposits. The two "brick movers" collected more than 7,000 bitcoins (currently worth about 55 million U.S. dollars) from more than 100 "brick movers" in two ways: "quasi-futures" transactions and loan interest rebates. Among them, the worst one was swept away with more than 600 bitcoins and a loss of nearly 30 million. The police have detained two suspects. (Beijing News)
Bitfinex CTO: Tether will not buy BTC with USDT
In response to "foreign media claiming that Tether admitted to using some reserves to invest in Bitcoin", Bitfinex Chief Technology Officer Paolo Ardoino tweeted in response, "On May 16, 2019, Tether owned 0.076 BTC at address 1NTMakcgVwQpMdGxRQnFKyb3G1FAJysSfz. This is because every time Tether (OMNI) additional issuance, Tether must use BTC to pay for mining fees." Tether lawyer David Miller affirmed that the company had purchased BTC, but it never stated the purchase amount. In fact, Miller didn’t even confirm that the BTC was purchased with USD reserves, just that the company decided to buy it. It is unclear how many bitcoins Tether has and the address of the bitcoin account. (Bitcoin Exchange Guide)
At 08:44:11 Beijing time, the Ripple custody wallet (rDdXiA3M4mYTQ4cFpWkVXfc2UaAXCFWeCK) transferred 100 million XRP to the OTC transaction wallet (rBg2FuZT91C52Nny68houguJ4vt5x1o91m). 56F723C07E8B60682EDC08C351F7EFAAE9892FB5D2792F4735E6.
Blockchain application
Blockchain application
Twitter CEO: is integrating Bitcoin and other cryptocurrencies into its payment business Square
Twitter CEO Jack Dorsey is taking further steps to integrate cryptocurrencies such as bitcoin into his payments business Square. Jack Dorsey previously praised Bitcoin. Today, Square says it plans to "improve money" through its bitcoin and crypto development, while Square's cryptocurrency business unit tweeted that its first hiring is imminent. Many bitcoin and cryptocurrency investors hope Square will lead a new wave of bitcoin adoption. In March of this year, Jack Dorsey said that Square plans to hire several engineers and a designer to make full-time open source contributions to the Bitcoin and encryption ecosystem. (Forbes)
According to Bitfinex official news, New York Supreme Court (Department of Commerce) Judge Joel M. Cohen signed an order approving Bitfinex's motion to suspend the document request, requiring the company to only provide documents related to the limited issue of whether the New York company has personal jurisdiction and information, but otherwise maintain documentation requirements. Judge Cohen scheduled a hearing on Bitfinex’s motion to dismiss on July 29, 2019. Bitfinex said it welcomes the judge's decision, which reflects that Bitfinex's motion presents a significant legal challenge to the validity of the Attorney General's actions.
global policy
global policy
First Deputy Governor of the Central Bank of Russia: Encryption regulation draft will be adopted during the spring meeting of 2019
The Central Bank of Russia believes that the encryption regulatory draft is fully prepared and is expected to be passed in the spring of 2019. Olga Skorobogatova, First Deputy Governor of the Central Bank of Russia, stated that the bank expects the crypto bill "On Digital Financial Assets" (DFA) to be passed during the spring session of 2019, following the order of Russian President Vladimir Putin. . At a recent parliamentary session, Skorobogatova argued that the DFA, along with draft laws on crowdfunding and other crypto-related bills, are at a “high enough level of readiness” to be passed during the session. It also stressed that all these draft laws "are of vital importance to the country and will allow new projects to be implemented". But it was previously reported that Russia has delayed the process of enacting its crypto regulatory legislation at the request of the Financial Action Task Force (FATF) on money laundering. (Russian TASS news agency)
South Korean Government Announces Second Blockchain Regulation Study Group, Focusing on Logistics, Public Services, and More
South Korea’s Ministry of Science and ICT will conduct follow-up research on blockchain regulations. The new "Blockchain Regulatory Improvement Study Group" is part of an initiative underway by the department to figure out how to improve regulations so that blockchain technology can achieve broad institutional adoption. The first blockchain regulatory improvement study group launched last June, and this year's study group will focus on five institutional areas where blockchain technology could be widely adopted: logistics and distribution, public services, healthcare, finance and energy. (Yonhap News Agency)
On May 21, at the 2019 Beijing Financial Technology Collaborative Innovation Forum hosted by the China Banking Association and the Haidian District Government of Beijing, Huo Xuewen, secretary of the party group and director of the Beijing Local Financial Supervision Bureau, mentioned that blockchain applications have recently begun to increase. A batch of enterprises are ready to prepare various currency issuance models. These are all illegal financial activities, and Beijing has "zero tolerance" for this. If it is serious, it will cooperate with the public security organs to ban it. For cash loans and campus loan practitioners, various face-changing methods can be monitored. Huo Xuewen said: "It is recommended that you stop and stop engaging in this business. What should you do if you are engaged in it? It is zero tolerance and banned! I can't control the police and there is no need for everyone to go to this point." (21st Century Business Herald)
Character·Voice
Character·Voice
U.S. Copyright Office: Won’t “Recognize” Craig Wright as Satoshi Nakamoto
On May 22, the US Copyright Office said it would not "recognize" Craig Wright as Satoshi. It explains, “As a general rule, when the Copyright Office receives an application for registration, the applicant certifies the truth of the statements made in the submission. The Copyright Office does not investigate the truth of any statement. If a work is registered under a false name, The Copyright Office will not investigate whether there is a demonstrable link between the complainant and the pseudonymous author.” (CoinDesk)
10 Fintech Experts Predict Bitcoin to End 2019 Above $9,500