headlines
secondary title
headlines
On December 24, the Ganzi Tibetan Autonomous Prefecture issued a notice of "Our prefecture is actively doing a good job in the work of maintaining electricity during the peak season and winter". The notice shows that the work includes the implementation of power reduction measures, the introduction of the "Ganzi Prefecture Clean-up and Rectification of Bitcoin Mine Work Plan", standardizing the direct power supply behavior of power companies, and urging power generation companies to give priority to guaranteeing unified adjustment indicators and social power supply during dry seasons. (Official website of the People's Government of Ganzi Tibetan Autonomous Prefecture)
We learned from the media Wu Shuo Blockchain that Ebang, a mining machine manufacturer that is preparing to go public in the United States, formally sued VeriSilicon Microelectronics, a chip company invested by Xiaomi, alleging that the 10nm Samsung wafers provided by the other party had quality problems, causing about 175 million RMB loss. (Wu said blockchain)
digital currency
digital currency
Director of the Guangzhou Financial Bureau: All virtual currency platforms in Guangzhou have withdrawn from the market normally
Qiu Yitong, director of the Guangzhou Financial Bureau, recently stated that all online lending institutions in Guangzhou are exiting in an orderly and stable manner, and the remaining few institutions are also undergoing transformation in accordance with national and provincial deployments. In addition, the clean-up and rectification of Internet equity financing, foreign exchange trading platforms, asset management and cross-border fields in Guangzhou has all been completed, and all virtual currency platforms have exited the market normally. (21st Century Business Herald)
Data: More than 200,000 ETH transferred to Kraken, Binance and Huobi, or fear of selling
According to blockchain analytics firm ViewBase, 204,530 ETH (worth around $25 million at press time) were transferred to the wallets of the three largest cryptocurrency exchanges — Kraken, Binance, and Huobi. It is unclear who sent the huge amount of ETH to the three major exchanges, but there is a possibility that someone may have dumped it on the open market. If so, ETH may face huge selling pressure. (U. Today)
Biger Exchange said that it responded to the positive exit of the policy and stopped withdrawing coins after December 27
The Biger exchange announced on December 24 that in order to actively respond to regulatory policy requirements, Biger will exit in an orderly and benign manner, and the platform will stop digital currency trading and withdrawal services on December 27, 2019. It is reported that Biger was established in 2018. Before the announcement, all trading pairs have been delisted. (Biger)
Binance releases the annual return report on mortgage assets, and the annual return on mortgage assets is usually above 6%. Among them, Kava has the highest annual income of about 14-16%, followed by Algorand with 12-14% annual income; Fetch.ai's mortgage year income is comparable to that of Harmony, which are 8-12% and 8-10% respectively. The projects with the lowest staking annualized returns are NEO, Stratis, and Tron. (Binance Research)
Blockchain industry
Blockchain industry
Niulanshan: Applying blockchain security technology to Niulanshan’s traceability and anti-counterfeiting system
On December 25, the Niulanshan media symposium was held at the Niulanshan Winery, at which it was announced that Niulanshan would comprehensively promote refined management. The first is to promote the integration of quality control; the second is to apply the blockchain security technology based on big data analysis to the traceability and anti-counterfeiting system of Niulanshan to create a blockchain security system for cattle and wine; the third is to improve the standardized management level and support the cattle High-quality development of wine branding and scale. (China Securities Journal)
State Grid Shandong Electric Power Company: By building a blockchain distributed energy trading platform to realize micro-grid electricity purchase and sale transactions
Several parks of State Grid Shandong Electric Power Company have carried out relevant pilot applications. By building a blockchain distributed energy trading platform, the purchase and sale of electricity between different entities such as photovoltaic power generation, energy storage, wind power, and power grids in the micro-grid has been realized. , This reduces the design capacity of charging piles by 57%, reduces the comprehensive electricity cost by 7%, increases photovoltaic revenue by 12%, reduces investment in grid equipment, improves transaction transparency, and reduces energy transaction costs. (China Energy News)
The joint venture between Qulian Technology and China Enterprise Cloud Chain, Yunqu Digital Technology, was formally established and released the "Cloud Certificate" product
It is understood that at the beginning of its establishment, Yunqu Digital has released the first blockchain-based supply chain financial application product for China Enterprise Cloud Chain - Cloud Deposit Certificate. Industrial and Commercial Bank of China and Agricultural Bank of China have become on-chain certificate deposit nodes. . (Fun Chain Technology)
global policy
global policy
The Guangxi Pilot Free Trade Zone will reward eligible enterprises in fields such as blockchain
Guangxi issued support policies to promote the high-quality development of China (Guangxi) Pilot Free Trade Zone. The policy proposes that new economic service platform companies, e-commerce companies, and blockchain companies that rely on the Internet and new media to be introduced by the management agencies of the Guangxi Pilot Free Trade Zone within 5 years from the date of establishment, according to the It rewards 70% of the local economic contribution that year. (First Finance and Economics)
Bank of Korea: Wait-and-see attitude towards issuing central bank digital currency
The Bank of Korea (BOK) once again reiterated that there are no immediate plans to launch a central bank digital currency. Due to concerns about financial stability, it believes that it is difficult to adopt a similar currency in South Korea, and the direct use of cryptocurrencies by the public may reduce deposits and reserves in commercial banks. As of now, central banks are taking a “wait and see” approach to issuing government-controlled cryptocurrencies, or so-called central bank digital currencies (CBDCs). (Finance Magnates)
Paraguay Launches Domestic Encryption Industry Investigation, Will Introduce Relevant Regulations Next Year
Character·Voice
Paraguay’s anti-money laundering (AML) lead agency, the Secretariat for the Prevention of Money Laundering (SEPRELAD), announced a nationwide crypto survey last week. Every virtual asset service provider (VASPs) in Paraguay is required to open their books to the government for the first time, with this self-reported information due on December 20. Spurred by June Financial Action Task Force (FATF) guidance on VASPs, the massive audit will help the Paraguayan government understand its domestic cryptocurrency industry and will pave the way for the country’s first crypto-specific regulations, SEPRELAD officials said. road, the regulation will be introduced in the first half of 2020. (CoinDesk)
Character·Voice
On December 25th, Zhu Youping, Deputy Secretary of the Party Branch of the China Economic Net Management Center of the State Information Center, said in his speech that the development of the blockchain has reached the end of the year. In the era of rapid growth, he believes that the blockchain can effectively solve the problem of overcapacity. Overcapacity is actually "unified production" meeting "individualized demand". The digital age is more about individualized demand, so mass production There will be overcapacity, and the blockchain can accurately transmit consumer data to producers through anti-counterfeiting, tamper-proof and other features, so as to realize personalized intelligent customized supply and credit-optimized capital drainage. (scallions)
PricewaterhouseCoopers Asia Encryption Director: Only 5% of regulators have not deployed encryption-related work
