| Changpeng Zhao became the richest man in the Hurun blockchain with 18 billion yuan; BTC fell below 8700 USDT in the short term

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headlines

According to Huobi Global market, BTC continued to decline in the early hours of this morning, and fell below 8,700 USDT in the short term. Now it has rebounded slightly, and it is temporarily reported at 8,791 USDT, an intraday drop of 2.31%. (Data source: BitUniverse)

The Hurun Research Institute released the "2020 Shimao Shenzhen-Hong Kong International Center Hurun Global Rich List". A total of 6 billionaire entrepreneurs in the blockchain industry made the list, mainly from cryptocurrency exchanges. Binance founder and CEO Changpeng Zhao (42 years old) doubled his fortune from last year and became the richest person in blockchain with RMB 18 billion. Other tycoons in the blockchain field include: Ketuan Zhan (41 years old) from Bitmain, with a fortune of 11 billion yuan; Xu Mingxing (35 years old) from Ouke Group, with a fortune of 10 billion yuan; Ripple founder Chris Larsen (59 years old), with a fortune of 9 billion yuan ; Huobi Li Lin (38 years old), with a wealth of RMB 7.5 billion; Coinbase founder Brian Armstrong (37 years old), with a wealth of RMB 7 billion. (Hurun Report)

digital currency

digital currency

Libra Association Member Bison Trails Announces Support for Polkadot

Bison Trails, a cross-chain infrastructure company and member of the Libra Association, announced support for Polkadot on its platform, a move that will allow anyone to start and run a Polkadot validator. The company’s CEO Joe Lallouz said: “We believe that Polkadot has the potential to truly change the entire blockchain industry.” Note: Validators are responsible for validating blocks in the Polkadot network and participating in the consensus mechanism. (Finance Magnates)

Fcoin's latest announcement: the email withdrawal query page is online

According to the official announcement, the Fcoin email withdrawal query page is online (see the link in the original text for the relevant address), you can check the current processing status of email withdrawals, and you can also apply to participate in the withdrawal queue.

In a new study published in the Economics Bulletin, researchers at San Jose State University in California compared ETH’s price action to the S&P 500, gold, and the USD/EUR exchange rate, and concluded that , the data supports Ethereum’s potential as a hedge against equity and gold market risk: “We found that Ethereum is a hedge against U.S. stock and gold markets. Additionally, Ethereum tends to be a safe haven for the gold market. When currency markets When it comes to attention, we see Ethereum as a tool for dollar diversification.” (The Daily Hodl)

Blockchain industry

Blockchain industry

Japan's TIS assists Sumitomo Life Insurance to apply for insurance benefits using blockchain technology

Japanese IT solutions company TIS announced that it will assist Sumitomo Life Insurance to automatically apply for insurance benefits using blockchain technology. The two companies are working on simplifying the life insurance application process to improve convenience. (Crypto. Watch)

The deployment of the European Blockchain Services Infrastructure (EBSI) started in the first quarter of 2020. EBSI's first Belgian node was commissioned on February 12, while the second node will be commissioned in the next few weeks. This technology enables users to store and transfer data in a secure and decentralized manner, so the European Commission is committed to providing better services for European citizens. It is reported that in 2018, EU member states created the European Blockchain Partnership (EBP) to cooperate in the establishment of EBSI. Currently, the EBP has 30 signatories, including all EU countries as well as non-EU members the UK, Norway and Liechtenstein. (Brussels Times)

Investment and Financing

Cryptocurrency trading platform Omniex receives investment from SIX

Swiss stock exchange operator SIX has announced an investment in Omniex, a cryptocurrency trading platform mainly for institutional clients, which is developing technology and related services to support financial institutions to trade cryptocurrencies more easily. SIX did not disclose the specific investment amount, but said the deal involved a partnership that would provide SIX and its clients access to global cryptocurrency exchanges and OTC market makers. (Finance Magnates)

global policy

global policy

U.S. Commerce Department plans to investigate companies involved in cross-border cryptocurrency transactions

The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) is proposing rule changes to the BE-180 benchmark survey (a mandatory questionnaire issued by the BEA every five years), requiring all U.S. financial services that have conducted cross-border cryptocurrency transactions in fiscal year 2019 The company reports. Among other things, the cryptocurrency proposal, if implemented, would allow Commerce Department statisticians to more accurately see the prevalence of foreign cryptocurrency activity. The survey will target brokerages, private equity funds, custody services, financial advisory and many others within BEA's broad definition of "financial services." BEA expects 7,000 respondents to respond. (CoinDesk)

Hong Kong Intends to Include Virtual Currency Services Industry in Regulatory Framework

Character·Voice

Character·Voice

Bank of Canada Deputy Governor: No plans to issue a CBDC at this time