| The Bitfinex rankings show that FTX CEO has a book loss of more than 13 million US dollars; the SEC has rejected the Bitcoin ETF proposal

headlines

headlines

FTX CEO: The way of hedging and arbitrage in the past month is to short futures and long spot[Original link]

[Original link]

The U.S. Securities and Exchange Commission (SEC) has rejected Wilshire Phoenix's application to launch a Bitcoin ETF on NYSE Arca. In a filing released Wednesday, the SEC said Wilshire has yet to demonstrate that the bitcoin market is sufficiently resistant to market manipulation. To date, the SEC has rejected all Bitcoin ETF proposals submitted by various companies. (CoinDesk)

digital currency

digital currency

FCoin and FMex restart work officially started
FCoin and FMex restart work officially started
FCoin officially announced that the restart work of FCoin and FMex has officially started. The restart working group is temporarily composed of all members of the current social committee and community representatives, and will gradually start the following work:
1. The existing team will restore the operation of the FCoin and FMex websites as soon as possible with the best technical solutions, and hand them over to the interim committee as a whole, and publicize it to the community.

3. The future follow-up operation of the website will be fully led by the community after the transition period ends, and the specific form will be formulated by the interim committee and further consensus with the community.

Crypto Broker Tagomi to Join Libra Association
Crypto Broker Tagomi to Join Libra Association

Odaily Note: Last week, Canadian e-commerce platform Shopify officially joined Libra. (The Block)

Ethereum Community Members Launch Petition Against ProgPoW
Ethereum Community Members Launch Petition Against ProgPoW

Odaily Note: ProgPoW aims to convert Ethereum's hash algorithm into an ASIC-resistant solution. (The Block)

Recently, Bank of Jiangsu independently created an upgraded version of "Su Yin Chain 2.0" based on the blockchain brand "Su Yin Chain 1.0". It is understood that "Suyin Chain 2.0" realizes the intelligent driving of business processes through smart contracts, and automatically executes the verification steps by setting transaction rules in the chain code to drive the automatic fulfillment of contract terms. (Chinanews.com)

Blockchain industry

Bank of Jiangsu launched the blockchain brand "Suyin Chain 2.0"

Recently, Bank of Jiangsu independently created an upgraded version of "Su Yin Chain 2.0" based on the blockchain brand "Su Yin Chain 1.0". It is understood that "Suyin Chain 2.0" realizes the intelligent driving of business processes through smart contracts, and automatically executes the verification steps by setting transaction rules in the chain code to drive the automatic fulfillment of contract terms. (Chinanews.com)

Investment and Financing

Investment and Financing

The Stellar Development Foundation announced that it will invest $715,000 in DSTOQ. DSTOQ is a fintech project based on Stellar that allows users to invest in traditional stocks using fiat and cryptocurrencies. (Crypto Briefing)

global policy

global policy

Character·Voice

Character·Voice

Bank of Japan Deputy Governor: Even if digital currencies are issued, central banks will still be lenders of last resort

Bank of Japan Deputy Governor: Even if digital currencies are issued, central banks will still be lenders of last resort

Masayoshi Amamiya, deputy governor of the Bank of Japan, said that the Bank of Japan will study the pros and cons of digital currencies. Even if digital currencies are issued, central banks will still be the lenders of last resort, guiding monetary policy by controlling the flow of digital currencies. When considering the issuance of a central bank digital currency, a comprehensive study must be carried out to affect its impact on national settlements and financial systems. If the central bank provides a low-cost digital currency, this may stifle innovation in the private sector. Instead of focusing on central bank digital currencies and private sector digital currencies in isolation, look at how they will affect each other. If households and businesses start to prefer central bank digital currencies over bank deposits, it will cause funds to transfer and affect the country's financial intermediation. "Cashless" will not change the basic positioning and role of the central bank. (Golden Ten)

Morgan Creek founder: BTC volatility has always been criticized by traditional investors, but the volatility of US stocks has not been low recently