| B1 launches social program Voice; several Instagram executives have transferred to the Facebook blockchain group

headlines

headlines

On June 1, Block.one launched Voice, a new social media app. The app will let users post, share and promote content using the EOS digital ledger that Block.one helped create. Every operation is registered on the EOS blockchain. According to previous news from Odaily, foreign media reported that Block.one may create a Twitter competitor platform. (Bloomberg)

digital currency

digital currency

Multiple Instagram Executives Moved to Facebook Blockchain Group

In recent months, several key executives and employees from Instagram have transferred to Facebook's newly formed blockchain group, including former vice president of product Kevin Weil, engineering chief James Everingham and infrastructure engineering director Hui Ding. The group is keeping its work secret, but there have been reports that the group is developing its own cryptocurrency under the leadership of former PayPal president David Marcus. (CNBC)

Facebook in talks with CFTC over digital currency plans

Bitfinex CTO: The next step is to consider launching USDT on the Lightning Network

Bitfinex CTO: The next step is to consider launching USDT on the Lightning Network

Binance DEX to geo-block users from 29 countries including the US

Binance DEX to geo-block users from 29 countries including the US

Decentralized exchange Binance DEX announced that it will implement geo-blocking for users from 29 countries, including the United States, starting July 1. Trading and wallet access via binance.org will no longer be available to users with IP addresses from these 29 countries. But it is still possible to bypass this hurdle by using a VPN or a compatible wallet that already supports local transactions. This prudent decision may have something to do with the US SEC’s accusation in November last year that the founder of the decentralized exchange EtherDelta operated an unregistered stock exchange. (The Block)

Sun Yuchen said that a big event will be announced three days later, and netizens say that he took a picture of Buffett's lunch in 2019

Tether has been deployed on the EOS main network

Tether has been deployed on the EOS main network

Tether official news, Tether announced that EOSIO will be added to the list of blockchain networks supported by Tether. The Tether EOS smart contract was developed by the Tether company, deployed to the EOS account tethertether, and peer-reviewed by EOS Canada. USDT is currently running on Omni, Ethereum, TRON and EOS networks.

Yu Xian, the co-founder of SlowMist Technology, posted on Weibo that the gray robe news: the well-known ransomware virus GandCrab has announced the end of its extortion career. Over the past year, they have earned more than 2 billion US dollars, leaving enough influence to choose to return real life

Blockchain application

Blockchain application

On June 1, Xing Lei, head of the blockchain application platform of CCB Financial Technology Company, shared the exploration of CCB in the direction of house leasing by using blockchain. Up to now, the "housing chain" developed by China Construction Bank has as many as 40,000 houses on the chain, which are distributed in 9 housing rental platforms in 7 provinces and cities including Liaoning, Beijing, Tianjin, Henan, Zhejiang, Guangdong, and Guizhou. In addition, it is negotiating with 4 enterprise leasing platforms in 4 provinces and cities including Chongqing, Yunnan, Henan, and Fujian. (Babbitt)

global policy

India's new finance secretary confirms report on cryptocurrency regulation is ready

India's new finance secretary confirms report on cryptocurrency regulation is ready

G20 Members Plan to Agree on Cryptocurrency Money Laundering and Terrorist Financing Regulations by 2021

Brazil to Create Crypto Regulatory Commission

Brazil to Create Crypto Regulatory Commission

Rodrigo Maia, Speaker of Brazil's Chamber of Deputies, has ordered the creation of a committee to consider cryptocurrency regulation in the country. The committee will issue an opinion on Act 2303/2015, which regulates cryptocurrencies such as bitcoin. The notice also states that Federal Vice President Aureo Ribeiro has proposed two projects on the regulation of cryptocurrencies. (Cointelegraph

Character·Voice

Binance Research Institute: Stablecoins will replace BTC as the quote currency for digital assets

Binance Research Institute: Stablecoins will replace BTC as the quote currency for digital assets

Binance Research Institute believes that in terms of transaction volume, stablecoins will "further become the quote currency (Quote Currency) for digital assets" in the foreseeable future. Notably, Binance Research believes that stablecoins, which are typically pegged 1:1 to fiat currencies such as the U.S. dollar or euro, will replace Bitcoin (BTC) as the “primary quote currency.” The research note confirms that Tether (USDT) remains the dominant stablecoin as other stablecoins “lag behind in terms of transaction volume and market cap” — which limits their ability to provide liquidity. To stay competitive, stablecoins like Circle’s USDC have been integrated into several DeFi applications including Compound and Dharma.

Data Shows: Ponzi Schemes Generate More Financial Activity than Most Altcoins