| CME Bitcoin futures open interest hits new high; ETH, BAT and other altcoin whales are accumulating tokens​

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headlines
According to previous reports, Gate.io stated that since 1994, it has separated from the "biter" platform that was originally operated in the mainland, and has become an international blockchain service platform, legally registered and operating in South Korea, Malta, Singapore and other places around the world. . The original "Biter" platform is still fully responsible for dealing with the original user's assets. Any user who owns digital assets on the original "Biter" platform can still contact the platform to obtain asset withdrawal services without worry. (Golden Finance)

digital currency

digital currency

Data: The total number of Bitcoin ATM installations worldwide reaches 7,856

CoinATMRadar statistics show that since May 1, a total of 161 Bitcoin ATMs have been newly installed around the world. As of May 17, the number of Bitcoin ATMs deployed worldwide has reached 7,856.

CME Representative: CME Bitcoin Futures Open Interest Hit New High on May 14

Reddit Beta 'Community Points' Has Over 10,000 Users Created Crypto Wallets

According to Etherscan data, the number of users of Reddit's new encrypted wallet has exceeded 10,000. This is the first achievement since the launch of the Ethereum-based "Community Points" project.
According to previous reports, Reddit is testing community points in the form of Ethereum ERC-20 tokens; the first two Ethereum tokens, $MOONS and $BRICKS, will be issued to /r/Cryptocurrency and /r /FortniteBR members of two boards, which currently have 1 million and 1.3 million subscribers respectively. Community Points will first run on the Rinkeby testnet and then migrate to Ethereum. (U. Today)

According to previous reports, Reddit is testing community points in the form of Ethereum ERC-20 tokens; the first two Ethereum tokens, $MOONS and $BRICKS, will be issued to /r/Cryptocurrency and /r /FortniteBR members of two boards, which currently have 1 million and 1.3 million subscribers respectively. Community Points will first run on the Rinkeby testnet and then migrate to Ethereum. (U. Today)

More than 80% of TON investors may choose to refund immediately

According to a report by Forbes Russia on May 16, most TON investors decided to withdraw their investment as soon as possible, that is, get back 72% of the investment. Disruptive Era Fund, one of the largest TON investors, stated that more than 80% of fund investors are preparing to exit the project and receive refunds. The Disruptive Era Fund has invested more than $70 million in TON. However, a fund spokesperson told Forbes that those decisions have not been finalized. Previously, Pavel Durov, CEO and founder of Telegram, had launched a TON compensation plan, providing TON investors with two options: exit the project immediately and get a refund of 72% of the investment amount; loan to Telegram, and at the latest Get 110% principal and interest return in April next year. (Cointelegraph)

Analysis: Altcoin Whales Accumulate Tokens Despite Bearish Analysts
On May 15, Brave New Coin analyst Josh Olszewicz observed that the Bitcoin dominance chart is showing the formation of an important signal golden cross. The 50-day moving average topped the 200-day moving average of the bitcoin dominance chart, which tracks BTC’s percentage of the crypto market. Analysts speculate that the arrival of the golden cross could signal a rough wake up call for those waiting for “altcoin season.” The chart shows that the previous golden cross on the Bitcoin dominance chart was preceded by a massive Bitcoin rally against altcoins, suggesting that the same is likely to happen again. (NewsBTC)

Blockchain industry

Blockchain industry

Song Penglin, Management Committee of Lingang New Area: Yangshan Special Comprehensive Bonded Zone realizes efficient and safe customs supervision through blockchain

Song Penglin, Management Committee of Lingang New Area: Yangshan Special Comprehensive Bonded Zone realizes efficient and safe customs supervision through blockchain

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Investment and Financing

Cloud infrastructure provider DigitalOcean completes $50 million financing, a16z participates in investment

Investment and Financing
Cloud infrastructure provider DigitalOcean announced today that it has completed another $50 million in financing, with Access Industries and a16z (Andreessen Horowitz) participating.

French start-up PlanetWatch raises €550,000 led by RA.MO

French start-up PlanetWatch raises €550,000 led by RA.MO

global policy

global policy

Hainan Provincial Blockchain Association assisted in the construction of "Chain Hainan" and launched the "Ten Hundred Million" plan

• Hainan Provincial Blockchain Association assisted in the construction of "Chain Hainan" and launched the "Ten Hundred Million" plan

• On May 14, the Hainan Provincial Department of Industry and Information Technology issued the "Notice on Several Policies and Measures to Accelerate the Development of the Blockchain Industry in Hainan Province." On May 17, the Hainan Provincial Blockchain Association launched a plan to help the construction of "Chain Hainan" with "10,000,000,000,000,000".

• "One" means that the association will build several underlying technology platforms of public chains and alliance chains through self-construction, investment promotion, and cooperation among members of the association in accordance with the requirements of the "Notice", which is the infrastructure for blockchain development.

• "Ten" refers to the ten high-level blockchain international conferences held by the Association in conjunction with all walks of life, aiming to create a good industrial atmosphere.

• "Hundred" refers to assisting relevant departments to attract "hundred" well-known enterprises in the blockchain industry to settle in Hainan.

"Ten thousand" means that the association will coordinate blockchain industry experts, think tanks, scientific research institutions, media and other resources, organize multi-level blockchain talent training, and connect "ten thousand" blockchain industry talents for Hainan.

Character·Voice

Character·Voice

Chen Qingquan, academician of the Chinese Academy of Engineering: blockchain technology will play an important role in the integration of four networks and four streams

Chen Qingquan, an academician of the Chinese Academy of Engineering, said that blockchain technology will play an important role in the integration of four networks and four streams. "Four networks and four streams" means the integration of four networks of energy network, transportation network, information network, and humanities network, and the integration of four streams of energy flow, information flow, material flow, and value flow, and will incubate many fusion technologies and industries. Thanks to the technical advantages of blockchain distributed accounting, multi-node data sharing, tamper-proof, traceability and auditing, it can realize identity authentication and mutual trust of all parties, promote the interconnection of all links in the energy system, and promote different energy structures. Coupling optimization to achieve four-stream fusion. (Flying Elephant Network)

Hong Shuning: Blockchain is an organizational revolution