| Libra will have half of its reserves in US dollars; LTC, DCR and Dash mining machines are on the verge of shutting down
headlines
The second hearing on Facebook Libra is underway. Congressman Steve Stiver asked: "It has been more than 30 days since the release of the Libra white paper, but I feel like it has been three years. Let me give you an example, if my monthly rent is 1,000 Libra, in case the basket of currency reserves fluctuates greatly What should I do? Let me take the risk myself?" David Marcus replied: Half of Libra's reserves are in U.S. dollars, so it will be relatively stable. Reserves in other currencies need to be communicated with organizations such as the G7.
digital currency
Tether newly issued 50 million USDT to the Ethereum network
Analysis: Only 6 Of 167 Leading Altcoins Have Returned Better Than Bitcoin Over The Past Year
Only 6 Of 167 Leading Altcoins Have Returned Better Than Bitcoin Over The Past Year
The average daily trading volume of Bitcoin exceeds 3 billion U.S. dollars, an increase of nearly 210% in three months
Grin successfully completed the first hard fork upgrade of the main network
Grin successfully completed the first hard fork upgrade of the main network
According to statistics from the Poolin mining pool, LTC, DCR and Dash mining machines are most affected by the decline in currency prices, and some mining machine models are at risk of shutdown. Although the prices of Bitcoin, BCH, and BSV have fallen, the current mining machines still maintain a relatively high daily income, and mainstream mining machines have no risk of shutdown. In addition, more than half of the Dash mining machines on the market have reached the shutdown currency price. Dash is currently quoting 691.92 yuan, the Antminer D5 shutdown currency price is 484.52 yuan, and the Innosilicon A5 series and Antminer D3 mining machines have reached the shutdown currency price; DCR The current quotation is 185.22 yuan. Except for Whatsminer D1 (shutdown currency price of 65.43 yuan) and ant mining machine DR5 (shutdown currency price of 62.47 yuan), the mainstream mining machines have basically reached the shutdown currency price. In contrast, the situation of Litecoin mining machines is slightly better, and mainstream brand mining machines can still maintain a state of income, but electricity costs have accounted for nearly 50% of income. (block rhythm)
Blockchain application
The total amount of digital currency stolen or defrauded in the first half of 2019 may have exceeded 5 billion US dollars
A few days ago, under the guidance of the People's Bank of China Digital Currency Research Institute, the People's Bank of China Lanzhou Central Sub-branch and the People's Bank of China Shenzhen Central Sub-branch, China Merchants Bank Lanzhou Branch successfully issued a 4 million yuan application based on the People's Bank of China's trade finance blockchain platform to the Lanzhou International Port Area. Receivables financing. The smooth arrival of the financing funds marks the official landing of the People's Bank of China's trade finance blockchain platform business in Gansu. (Financial Times)
global policy
IMF Chief Economist: Regulators Must Address Possible Risks From Libra
Horizon Blockchain Games Closes $3.75M Seed Round Led by Reddit Co-Founder’s Fund
Investment and Financing
Horizon Blockchain Games Closes $3.75M Seed Round Led by Reddit Co-Founder’s Fund
Horizon Blockchain Games Closes $3.75M Seed Round Led by Reddit Co-Founder’s Fund
Renrenbit completed a $3 million Series A financing in June this year, led by Bitfinex
Renrenbit completed a $3 million Series A financing in June this year, led by Bitfinex
NEO Announces Investment in Blockchain Travel Company Travala
Second State, an enterprise-level open-source blockchain smart contract platform, has received US$3 million in Series A financing from Heiner Asia Fund (SIG). In addition, ETC Labs (Ethereum Classic), founder of JBoss, and former executive vice president of Red Hat Software Marc Fluery also participated in this round of investment.
Blockchain Smart Contract Platform Second State Receives $3 Million in Series A Funding
Second State, an enterprise-level open-source blockchain smart contract platform, has received US$3 million in Series A financing from Heiner Asia Fund (SIG). In addition, ETC Labs (Ethereum Classic), founder of JBoss, and former executive vice president of Red Hat Software Marc Fluery also participated in this round of investment.
Character·Voice
German Finance Minister: Action must be taken quickly, Libra cannot advance without regulatory issues being resolved
Jiang Zhuoer: At the top of each round of bull market or bottom of bear market, the proportion of BTC in the market will gradually decrease"On July 16, Jiang Zhuoer, the CEO of LeBit Mining Pool, posted on Weibo that some people are just too early. In terms of cognitive level, you can know it by reading Weibo. Apart from bragging that BTC will rise without thinking, there is no content. BTC will indeed rise, but why and when it will not rise, these people cannot tell logic. and even preach the absurd
OKEx analyst: BTC fell below the 60-day cost line for the first time since February 18, and the risk of adjustment is still great
