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| Binance officially announced the acquisition of CMC; the Venezuelan government airdropped petro coins to doctors

黄雪姣
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The government also plays airdrops?
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The government also plays airdrops?

headlines

headlines

Binance announces acquisition of CoinMarketCap, which will continue to operate as an independent entity

According to official news, Binance announced on April 2 that it has acquired the cryptocurrency market data website CoinMarketCap (CMC). Following the acquisition, CoinMarketCap will continue to operate as an independent entity. With the support of Binance's professional support, resources and business scale, CoinMarketCap can continue to provide market data on encrypted assets in the industry. According to The Block, a person familiar with the matter said that the transaction started in November 2019 and is worth close to $300 million, mainly in the form of equity and BNB. Binance is considering a major change to CoinMarketCap’s business model, moving from an advertising-based model to one in which the exchange pays a monthly listing fee.

The Venezuelan government announced that it will allocate 1 Petro to each doctor actively working in the country, and the airdrop will be done through the Patria system. (Decrypt)

digital currency

digital currency

Billionaire Jim Breyer Removes ETH From His Portfolio

Billionaire Jim Breyer has removed ETH from his portfolio. The reason for Breyer's abandonment of ETH is unknown, but traders on Reddit speculate that Breyer may be tired of waiting for the ETH 2.0 upgrade. (The Daily Hodl)

Grin Dev: Litecoin Codebase Integration Coming in the Next Months

On April 1st, Grin developer David Burkett, who was in charge of integrating the MimbleWimble protocol into Litecoin, updated his development progress in March, saying that he had completed the Merkle Mountain Range (MMR) logic and written some tests around it. The integration of the existing Litecoin codebase will take place this month. In addition, the Litecoin Foundation published an article stating that up to now, the Litecoin MimbleWimble developer David Burkett team has received donations of about 687.2 LTC and 0.099 BTC.

Coinbase CEO: Evaluation tools will be provided to distinguish reliable projects and tokens

Coinbase CEO Brian Armstrong said he is taking a "Google or Amazon" approach to distinguish reliable projects (or tokens) from low-value projects that could harm the industry as a whole. Armstrong proposed that the general idea is to list all projects and tokens that are not fraudulent or harmful to investors, and provide traders and investors with tools to evaluate. (The Daily Hodl)

EOS Nation and Bancor jointly launched the EOS DeFi platform xNation

EOS Nation recently released xNation, a new EOS DeFi platform jointly launched with Bancor. Users can create or find liquidity pools for any EOS token through the xNation platform. The liquidity pool of the xNation platform executes automated market-maker smart contracts, enabling users to buy and sell tokens in real time through on-chain transactions without the need for an order book. (MEET.ONE)

Factom faces liquidation after seeking additional funding from investors to no avail

Factom was one of the first companies to conduct a token sale. The company has notified creditors that it has entered receivership after appealing to investors for additional funds went nowhere. Previously, Factom Protocol raised $140,000 worth of bitcoin through the sale of “factoid” tokens. (CoinDesk)

Recently, a project called "EOS Ecology" was promoted in some speculation groups. The investigation found that the app, under the banner of the EOS node, advocated static and dynamic income models, and made money by pulling people's heads to deposit funds to speed up the return of capital. In the promotion group, many middle-aged and elderly people recharged coins into the EOS ecological app. According to the project promoter, the source of income for the EOS ecosystem is to vote for supernodes to obtain dividends, "the deposit address is the supernode", and viewed from the EOS blockchain browser, the deposit address w.io is neither a supernode Nor is it a spare node. And judging from the amount of currency on the address, this problematic project has attracted more than 17 million yuan in one and a half years. (Hive Finance)

Blockchain industry

Blockchain industry

Ant Blockchain Opens the First Commercial-grade Hardware Privacy Protection Technology

Ant Blockchain, a subsidiary of Alibaba, officially released its self-developed on-chain privacy protection technology. Ant Blockchain said that this technology is the world's first commercially available on-chain privacy protection technology. At the same time, this paper was selected for ACM SIGMOD 20. It is reported that the solution is an on-chain privacy protection computing model based on hardware TEE, which aims to minimize the cost of privacy protection computing in the case of rapid growth of business data. (Interface News)

secondary title

Investment and Financing

Investment and Financing

Keep Network Raises Over $7M in Token Sale

Privacy protocol layer project Keep Network has raised more than $7 million for its Ethereum privacy layer solution through a token sale led by Paradigm. (Decrypt)

Shuqin Technology announced that it has completed the PreA round of financing of tens of millions of yuan, and the cumulative financing has exceeded 100 million yuan. This round of financing was led by a number of industrial investors, big names in the financial industry and Koala Fund, and some angel investors followed suit. After the financing is completed, Shuqin Technology will continue on the main track of "blockchain + big data" to launch and form more commercial applications combining blockchain with justice, finance, data circulation, traceability, industrial parks, etc. Connect across domains.

global policy

global policy

The FATF on Tuesday released its assessment of the United States' compliance with its banking rules and laws and regulations pertaining to digital assets and other areas. FATF believes that the United States basically meets the revised standards of "Preventing Money Laundering and Terrorist Financing Through Digital Assets" (AML/CTF). At the same time, there are still "small shortcomings" in the United States. U.S. regulators are also lagging behind in their investigations into convertible virtual currency (CVC) operations, the FATF said. Their strategy “does not clearly identify high-risk virtual asset service providers” (VASPs), which leaves them with insufficient scrutiny of various types of high-volume exchanges and peer-to-peer networks. Gaps in legislation may also allow very specific VASP activities to evade inspection and enforcement.

Character·Voice

Character·Voice

Yao Qian: The central bank can use blockchain to integrate distributed operations to better achieve centralized control over CBDC

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