| BTC fell below the 9,000 USDT mark in a short-term yesterday; Jiangsu Jianhu prosecutors prosecuted the main culprit of "PlusToken"

秦晓峰

Odaily资深作者

@QinXiaofeng888

2020-05-22 07:57 (UTC+8)

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Russia has submitted a new bill to ban the issuance and circulation of cryptocurrencies in the territory.

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Russia has submitted a new bill to ban the issuance and circulation of cryptocurrencies in the territory.

headlines

The latest progress has been made in the "PlusToken" large-scale online MLM case reviewed and prosecuted by the People's Procuratorate of Jianhu County, Yancheng City, Jiangsu Province. Zhou Moumou, the main suspect in the "PlusToken" large-scale network pyramid scheme case, actively promoted and promoted the "PlusToken" wallet app through WeChat and other channels, and developed nearly 1.93 million offline members. He was suspected of organizing and leading pyramid scheme activities. The court filed a public prosecution. According to the identification of the Judicial Appraisal Center, the defendant Zhou Moumou used the phone to register 4 accounts in the "PlusToken" wallet app, with a total of 1,929,575 members and a total amount of more than 14 million yuan involved. (WeChat public account @反传嘉投快信)

digital currency

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digital currency

The OKEx market shows that at 22:30 last night, BTC continued to fall, and fell below the 9,000 USDT mark in the short term. Currently, the 24-hour decline is tentatively reported. (Data source: BitUniverse)

Research: Crypto Funds Up Over 13% in 2020, Non-Crypto Funds Down Nearly 7% Over the Same Period

Cryptocurrency hedge funds are somehow trying to outperform the industry. Such funds are up more than 13% in 2020, according to research firm HFR. Meanwhile, non-crypto funds fell nearly 7%. Pantera Capital, one of the leading crypto hedge funds, weathered the storm in March. The fund has risen 32.5 percent this year after falling nearly 34 percent in March. (U. Today)

Overstock airdrops 4.37 million security tokens OSTKO to its shareholders

Overstock has completed its "digital dividend" distribution on May 19, and distributed the security token OSTKO to its shareholders according to the ratio of 1 token: 10 shares. Based on account balances as of April 27, a total of 4.37 million OSTKO tokens have been airdropped to Overstock shareholders via transfer agent Computershare. (Cointelegraph)

A suspected white hat hacker intervened in the Steem 0.23 hard fork to "take back" the seized user tokens
A suspected white hat hacker intervened in the Steem 0.23 hard fork to "take back" the seized user tokens

However, the token seizure plan of this hard fork does not seem to be realized. Andrew Hamilton, CEO of JPB Liberty and STEEM holder, posted that when 23.6 million were transferred to @community321 account as planned, a white hat hacker intervened, And all the funds were sent to the Bittrex exchange reserve account (controlled by the exchange, not a user account) last night through this account. The funds stolen on the 20th, please return them to their original owners before the fork." In addition, @community321 also shouted to Sun Yuchen: "Stealing is not good!" (Peakd)

The Polkadot team wrote an article introducing the new Polkadot and Kusama testnet Westend, pointing out that this new testnet is already replacing the previous Alexander testnet. Westend can interact with Kusama or Polkadot, allowing developers to build and deploy parachains or try out Polkadot's governance, staking and verification functions on the testnet. Anything done on Polkadot or Kusama can be tested on Westend without requiring KSM or DOT to interact with the network. The token on the Westend testnet is Westies (WND).

Blockchain industry

The Siming District Government of Xiamen City signed a memorandum of cooperation on the "Blockchain Grassroots Governance Collaboration Platform"

On May 20, the Siming District Government of Xiamen City signed a memorandum of cooperation on the "Blockchain Grassroots Governance Collaboration Platform" with Xiamen Construction Bank and CCB Financial Services Xiamen Business Group. According to the relevant person in charge of CCB Jinke Xiamen Business Group, the platform will build a platform based on "multi-party collaboration" in the first phase, and use the characteristics of blockchain that cannot be tampered with and traceable to realize cross-departmental, cross-institutional, and cross-regional cooperation. Multi-party data is securely interconnected on the blockchain, building a multi-party collaboration mechanism, promoting business collaboration, and helping the government improve service efficiency. (Xiamen Net)

On May 20, the "Blockchain + Government Affairs" service platform of Zibo Municipal Bureau of Human Resources and Social Security, Shandong Province began to go online for test operation. With the help of the "blockchain + government affairs" service platform, the holders, issuers, and users of digital information materials have fully realized the smooth flow of trusted materials across departments, levels, and regions, and the masses do not need to provide original certificates when handling affairs , license materials, just scan the code on your mobile phone for authorization, you can log on to the "blockchain + government affairs" service platform to retrieve the information on the "chain", and enjoy "full transparency" and "peer-to-peer" precise services. (Qilu one point)

Investment and Financing

The blockchain Taoke platform Bookmark Shopping completed the Pre-A round of 10 million RMB financing, and the investor is Li Xingmei. It is reported that the project uses the underlying technology of the blockchain to connect different roles such as manufacturers, Taoke platforms, consumers, and industry experts in the form of tokens (Shopping Express CSPC) incentives to jointly build an ecology, carry out brand incubation, and form a mutual trust A mutually beneficial Taoke alliance community. According to incomplete statistics, e-commerce in the field of bookmark shopping has a total of 6 financings this year. (Ebang Power)

global policy

Russia submits a new bill to ban the issuance and circulation of cryptocurrencies in the country
Russia submits a new bill to ban the issuance and circulation of cryptocurrencies in the country

The Russian government has proposed new legislation to regulate digital currencies and plans to criminalize bitcoin transactions. According to local cryptocurrency media Forklog, the country’s Ministry of Economic Development has proposed several bills to the State Duma, including an updated draft on digital financial assets, mainly dealing with administrative and criminal liability for violations of regulations involved in encrypted transactions.

Hainan Department of Industry and Information Technology: Enterprises are not allowed to illegally engage in ICO and virtual currency trading