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Jihan Wu will launch an OTC trading platform before the end of July; Justin Sun said he will bring a Huawei mobile phone to Buffett for lunch

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Bitmain may become the main user of Wu Jihan's new company.
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Bitmain may become the main user of Wu Jihan's new company.

headlines

Media: Wu Jihan will launch Matrix before the end of July, and Bitmain may become a major user

Former Bitmain CEO Jihan Wu will launch a new start-up company Matrix by the end of July. It is reported that Matrix was initially incubated within Bitmain, and Bitmain will subsequently become a major customer of the company. Sources said that with Bitmain as the main partner, Matrix could become "the world's largest over-the-counter trading platform" overnight, and details about Wu Jihan's latest joint venture have not been specifically disclosed. (The Block)

digital currency

Kik Response: SEC’s charges are based on a flawed legal theory; charges are highly selective and grossly misleading

Kik Response: SEC’s charges are based on a flawed legal theory; charges are highly selective and grossly misleading

Reddit netizens: BSV may face the risk of 51% attack

Reddit netizens: BSV may face the risk of 51% attack

According to a Reddit article, a group of mining pools have recently controlled more than 51% of BSV’s computing power, up to 52.78%, which is very close to being attacked. A similar thing happened to Bitcoin Cash (BCH) a few weeks ago. At that time, a mining pool of BTC.top controlled nearly 54% of the computing power. (AMBCrypto)

Former Mt. Gox CEO Mark Karpeles Plans New Cryptocurrency-Related Business in Japan

On June 5, Mark Karpeles, former CEO of Mt. Gox, attended the press conference of the "Japan Association of Foreign Correspondents" in Tokyo, Japan. Karpeles is now starting a new business around cryptocurrencies that landed him in legal trouble. Karpeles told reporters at the conference that he wanted to make Japan a global leader in the blockchain technology behind cryptocurrencies such as bitcoin. (The Bellingham Herald)

Bithumb Global announces imminent launch of its stablecoin

On June 5, Will, head of Bithumb Global, the Korean exchange Bithumb International Station, said in an interview that BG's compliant stablecoin will be available soon. During the interview, Will also revealed that Bithumb has no plans to release a platform currency due to Korean regulation, but BG has a platform currency brewing plan. (Babbitt)

The Diar report shows that the demand for stablecoins in the Chinese market is rising, but the trend in the US market is just the opposite. The trading share of stablecoins on US exchanges has dropped from 44% in 2017 to less than 10% in 2018. (Finance Magnates)

Blockchain application

Rakuten partners with Japan's largest railway company to promote cashless payments

Rakuten partners with Japan's largest railway company to promote cashless payments

Dixy, Russia's Third Largest Retailer, Uses Ethereum to Streamline Trade Finance

Dixy, Russia's Third Largest Retailer, Uses Ethereum to Streamline Trade Finance

Analysis: AMD and Samsung cooperation may promote cryptocurrency smartphone mining

secondary title

global policy

Japanese Internal Revenue Service: At least 50 people and 30 companies underreported tens of billions of yen in taxes in virtual currency transactions

Japanese Internal Revenue Service: At least 50 people and 30 companies underreported tens of billions of yen in taxes in virtual currency transactions

European Commission: Malta needs to improve its preparedness against cryptocurrency crime

European Commission: Malta needs to improve its preparedness against cryptocurrency crime

RBI denies involvement in drafting bill to ban cryptocurrencies

RBI denies involvement in drafting bill to ban cryptocurrencies

Israel's central bank executive: Israel will not issue a national digital currency in the near future

secondary title

Character·Voice

Justin Sun: I brought a Huawei phone to Buffett's lunch

Justin Sun: I brought a Huawei phone to Buffett's lunch

Jimmy Song: It's too early for Buffett to embrace cryptocurrencies

Jimmy Song: It's too early for Buffett to embrace cryptocurrencies

Bitcoin core developer Jimmy Song said that in his opinion, it is 10-15 years too early for Buffett. The people who need to be persuaded now are VCs tired of ICOs and the blockchain hype, pension funds looking to diversify their portfolios, and family offices who think real estate and stocks are in a bubble. (AMBCrypto)

BB: B1 has an advertising budget of hundreds of millions, and plans to attract KOLs to join Voice

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