| MakerDAO adds USDC as a new collateral; 18 EthCC participants have been diagnosed with the new crown virus, and 1 has recovered
headlines
The MakerDAO community has accepted the addition of USDC as new collateral
According to official news, after an administrative vote, MKR holders have accepted the addition of the stablecoin USDC as a new collateral asset, and USDC can now be used to open Maker Vault to generate Dai. This is the third collateral approved by Maker Governance after ETH and BAT.
digital currency
The MakerDAO community has accepted the addition of USDC as new collateral
Danny Ryan, the coordinator of Ethereum 2.0, updated the progress of the development work on the official blog. According to Ryan, Eth2.0 looks good - phase 0 is stable, and some promising research has been published:
According to official news, after an administrative vote, MKR holders have accepted the addition of the stablecoin USDC as a new collateral asset, and USDC can now be used to open Maker Vault to generate Dai. This is the third collateral approved by Maker Governance after ETH and BAT.
secondary title
digital currency
Ethereum 2.0 work progress: v0.11.0 has been released, aiming at stabilizing the multi-client testnet
1. v0.11.0 has been released, aiming at stabilizing the multi-client testnet;
2. Publish the GHOST and Casper joint paper for public review;
4. The IEFT BLS specification is a bit unstable, but no further changes are expected.
Decentralized exchange Sparkswap announces it will shut down
The correlation between Bitcoin and traditional risk assets has been rising since January
The correlation between Bitcoin and traditional risk assets has been rising since January
The latest report from Kraken states that since January 2020, the correlation between Bitcoin and traditional risk assets has been rising. The correlation between Bitcoin and the S&P 500 has risen from 0.23 in early February. Bitcoin’s correlation to gold has dropped significantly over the past week, and given that volatility levels have spiked, it’s becoming increasingly clear that institutional investors may own more Bitcoin than the market expects. According to Skew data, the implied volatility of Bitcoin has also reached an all-time high of 82.69. But given current market conditions and correlations, Bitcoin could drop again in the future. (AMBCrypto)
ETC Labs founder resigns as director of ECC board and withdraws financial support
James Wo, a director of the Ethereum Classic Collective (ECC), announced today that he is leaving the non-profit research organization focused on the Ethereum Classic network. James Wo said he resigned due to a disagreement with the group's executive director, Bob Summerwill. James Wo is also the founder of another Ethereum Classic research organization, ETC Labs, and is one of three board members of ECC. According to the statement, in addition to resigning from the board, James Wo will also terminate his financial support to ECC, despite claiming that he "provided substantial funding" in 2018. (The Block)
Report: Increase in Gas fees led to a decline in the transaction volume of game DApps
Report: Increase in Gas fees led to a decline in the transaction volume of game DApps
Binance Changpeng Zhao’s response to the community is: I didn’t talk to Justin Sun last week. We have withdrawn the vote according to the community’s request so that users can withdraw coins. I think Justin Sun may have a large amount of Steem stored in the Binance Exchange. Let’s withdraw it now. Come out, it has nothing to do with us.
Blockchain application
18 EthCC attendees tested positive for coronavirus, 1 recovered
Zhongzhuang Construction's blockchain application landed for the first time, testing the waters of the "new format" of financial services
Investment and Financing
Zhongzhuang Construction's blockchain application landed for the first time, testing the waters of the "new format" of financial services
Blockchain database platform Fluree completes seed round extension financing, Engage participates in investment
Blockchain database platform Fluree completes seed round extension financing, Engage participates in investment
Fluree, a North Carolina-based blockchain startup, announced today that it has completed a seed round of expansion financing, with investors including Engage, but the specific amount was not disclosed. It is reported that Fluree completed a $4.7 million seed round of financing in June last year, led by 4490 Ventures, and participated by Revolution’s Rise of the Rest seed fund.
FundsDLT, a blockchain technology platform initiated and incubated by the Luxembourg Stock Exchange and its subsidiary Fundsquare, announced that it has completed its A round of financing. Investors in the round include Clearstream, Credit Suisse Asset Management, the Luxembourg Stock Exchange and Natixis Investment Managers, according to an official press release.
Character·Voice
Inspur Cloud completed the C-round financing of the Pre-IPO and released the Inspur Cloud Code platform using blockchain computing
V God: Has cooperated with the Zcash Foundation in various ways
