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| The central bank will study and formulate regulatory rules for the application of blockchain and other technologies; Ethereum's loan issuance in the second quarter reached 155 million US dollars

王也
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V God thinks about using the BCH and ETC blockchains as the ETH data layer in the short term.
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V God thinks about using the BCH and ETC blockchains as the ETH data layer in the short term.

headlines

Director of the Science and Technology Department of the Central Bank: The Central Bank will study and formulate regulatory rules for technological applications such as blockchain

On July 13, the "Fourth Global Financial Technology (Beijing) Summit" was held. In terms of strengthening the management of key information technology applications, Li Wei, director of the Science and Technology Department of the Central Bank, revealed that the Central Bank will study and formulate cloud computing, artificial intelligence, and blockchain technology. Regulatory rules for technical applications, such as technical framework, security management, business continuity and other aspects of management requirements. Guide the rational use of information technology in the financial field, and correct the chaos of some institutions that "use technology to abuse it, and use technology to be self-willed". (Securities Times)

digital currency

digital currency

V God thinks about using the BCH and ETC blockchains as the ETH data layer in the short term

Report: Since the adoption of merged mining, Dogecoin computing power has shown a strong positive correlation with Litecoin computing power

Report: Since the adoption of merged mining, Dogecoin computing power has shown a strong positive correlation with Litecoin computing power

According to the Binance Research Institute report, Dogecoin adopted the merged mining model in August 2014, and its computing power increased by 1500% within one month. Since then, the correlation coefficient between Dogecoin hashrate and Litecoin hashrate is 0.95. "As of July 2019, nearly 90% of Dogecoin's total computing power comes from large Litecoin mining pools, and its blockchain handles about 30,000 transactions per day." Although Dogecoin is not used as a mainstream cryptocurrency, but It has a strong mining pool with an almost even distribution of network computing power. (AMBCrypto)

Justin Sun: The 50 million USDT issued on the chain was transferred from the omni chain, not additional issuance

Analysis: Ethereum loan originations topped $155M in Q2 of this year

Analysis: Ethereum loan originations topped $155M in Q2 of this year

There is a loophole in the decentralized trading protocol 0x, there is no loss of funds but the contract has been suspended

Will Warren, the founder of the decentralized trading protocol 0x, published a blog today saying that there is a loophole in the 0x v2.0 Exchange contract. The team has suspended the use of the contract, and no property damage has been found. However, this also means that the currently deployed 0x contract cannot currently process transactions and cannot be used. The team is currently checking other smart contracts that have been released to ensure that other contracts do not have the same type of vulnerabilities. Will Warren pointed out that this vulnerability will not affect ZRX tokens, so users do not have to worry about asset loss.

Blockchain application

Wen Xiaoyun: Guangdong needs to combine blockchain with cybersecurity issues

Wen Xiaoyun: Guangdong needs to combine blockchain with cybersecurity issues

FDA Announces Blockchain Pilot Program to Track Drug Dispensing

Thailand Approves Four Cryptocurrency Service Providers to Operate and Introduces New Regulations for Digital Assets

global policy

Thailand Approves Four Cryptocurrency Service Providers to Operate and Introduces New Regulations for Digital Assets

Thailand Approves Four Cryptocurrency Service Providers to Operate and Introduces New Regulations for Digital Assets

Facebook: Expect to pay sales and capital gains taxes on Libra

Facebook provided TechCrunch with information on how its Libra cryptocurrency will remain legal in response to Trump's allegations that Libra could facilitate illegal behavior. On tax issues, Facebook and Libra Association executives expect Libra to be subject to sales tax and capital gains taxes, in which sales tax is collected in exactly the same way as credit card payments are used today, and due to Libra It is designed to be a currency with relatively stable prices, so capital gains taxes may be very small. In terms of anti-money laundering and anti-fraud, Facebook is negotiating with local convenience stores and money changers to ensure that when users buy and sell Libra with fiat currency, there will be anti-money laundering checks. (TechCrunch)

Character·Voice

Character·Voice

Jiang Zhuoer: Support limited expansion on the issue of Bitcoin block expansion

Li Lin: 20% repurchase and burning will remain unchanged. It is a good unlocking solution to link the amount unlocked by the team with the amount burned

Li Lin: 20% repurchase and burning will remain unchanged. It is a good unlocking solution to link the amount unlocked by the team with the amount burned

Morgan Creek Founder: Trump Can't Change Bitcoin's Monetary Policy

Morgan Creek Founder: Trump Can't Change Bitcoin's Monetary Policy

Changpeng Zhao responds to Larry Cermak: Adjusting the BNB destruction plan has nothing to do with regulation

Changpeng Zhao responds to Larry Cermak: Adjusting the BNB destruction plan has nothing to do with regulation


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