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| The Brave community intends to create a Brave hard fork version Braver; the number of independent Ethereum addresses has exceeded 100 million

王也
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Polkadot will enter the next phase of NPoS on the mainnet as soon as this Wednesday or Thursday.
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Polkadot will enter the next phase of NPoS on the mainnet as soon as this Wednesday or Thursday.

headlines

The "rebate link" incident sparked controversy, and the community plans to create a Brave hard fork version of Braver

The "rebate link" incident sparked controversy, and the community plans to create a Brave hard fork version of Braver

Odaily Note: According to previous news, according to Brave browser’s Github code base and multiple Twitter users, the search results links on Brave browser about Binance, Coinbase exchanges, Ledger, Trezor and other wallets will jump to a rebate Invitation link. After the incident sparked controversy on Twitter, Brave co-founder and CEO Brendan Eich acknowledged the "mistake" and promised to remove the ability for users to force-insert company-affiliated links into the address bar when visiting Binance's website.

digital currency

CoinMarketCap updates exchange rankings, BitMEX ranks 175th

CoinMarketCap updates exchange rankings, BitMEX ranks 175th

Binance is still firmly in the top spot, and Coinbase is also in the top five, so the surprise in this ranking may be due to a flaw in the machine learning algorithm used by CoinMarketCap rather than intentional. (Crypto Briefing)

Analysis: Grayscale GBTC has a significant premium, which may promote a substantial increase in long-term hoarders

Analysis: Grayscale GBTC has a significant premium, which may promote a substantial increase in long-term hoarders

Analysis: Grayscale GBTC has a significant premium, which may promote a substantial increase in long-term hoarders

Recently, the demand for Grayscale GBTC has risen sharply, resulting in a huge premium in its trading price compared to spot Bitcoin. This demand could lead to a massive increase in long-term "coin hoarders" adding BTC to their portfolios and 401(k) plans. It is reported that each GBTC accounts for about one-thousandth (0.00096788) of a complete Bitcoin. At press time, GBTC is trading at $11.26. This means that investors are actually buying Bitcoin at prices well above $11,000.

Jason Williams, co-founder of Morgan Creek Digita, pointed this out on Twitter: "Owning 1 bitcoin in GBTC will cost you about $11,240, or about 1,000 GBTC. That's the premium." With the recent growing demand, it is possible for investors to "massively" enter the Bitcoin market to gain exposure to assets that are inversely correlated with traditional markets. Additionally, the growing demand for Bitcoin from institutional investors may also be driving the GBTC premium. (CryptoSlate)

Tokenview: The computing power of Bitcoin's entire network has continued to rise in the past week
According to data from Tokenview, in the past week (06.01-06.07), the computing power of Bitcoin’s entire network has continued to rise, and the popularity of transactions on the chain has increased.

In terms of basic indicators on the chain, the average number of new addresses in the seven days was 438,000 BTC, an increase of 4.6% month-on-month, and the average number of active addresses was 856,900 BTC, an increase of 1.15% month-on-month. The seven-day average on-chain transactions was 1,015,400 BTC, an increase of 11.87% month-on-month; the average daily number of transactions was 301,200, an increase of 7.22% month-on-month.

Cardano testnet Shelley will open for public testing tomorrow

Cardano testnet Shelley will open for public beta on June 9

Data: The number of independent Ethereum addresses has exceeded 100 million

Data: The number of independent Ethereum addresses has exceeded 100 million
Data from on-chain data analytics firm CryptoQuant shows that miners are still holding rather than selling mined bitcoin, a sign that could point to a continued recovery in bitcoin prices given the absence of selling pressure from large miners. CryptoQuant uses the Miner Position Index (MPI) to track the positions and capital outflow data of Bitcoin network miners. The MPI index is higher than 2, indicating that miners are selling BTC, while the negative value of MPI indicates that miners are trying to avoid selling and tend to hold. As of June 4, CryptoQuant's MPI index was -0.59, a slight recovery from the yearly low of -0.79 on June 2, but this still means that major miners are not selling their newly dug bitcoins, but Choose to wait for a higher price. (Cointelegraph)

Analysis: MPI index is still negative, miners are more inclined to hold rather than sell BTC

Data from on-chain data analytics firm CryptoQuant shows that miners are still holding rather than selling mined bitcoin, a sign that could point to a continued recovery in bitcoin prices given the absence of selling pressure from large miners. CryptoQuant uses the Miner Position Index (MPI) to track the positions and capital outflow data of Bitcoin network miners. The MPI index is higher than 2, indicating that miners are selling BTC, while the negative value of MPI indicates that miners are trying to avoid selling and tend to hold. As of June 4, CryptoQuant's MPI index was -0.59, a slight recovery from the yearly low of -0.79 on June 2, but this still means that major miners are not selling their newly dug bitcoins, but Choose to wait for a higher price. (Cointelegraph)

Blockchain industry

Saudi Arabia's central bank injects liquidity into local banks via blockchain

Saudi Arabia’s central bank, the Saudi Arabian Monetary Authority (SAMA), announced on June 8 that it recently injected some liquidity into local banks through blockchain technology. SAMA has not provided significant liquidity injections through the blockchain, but last week the central bank decided to inject a total of 50 billion Saudi riyals ($13.35 billion) to enable banks to support the private sector. SAMA said the deployment of blockchain is part of its continuing efforts to explore and experiment with emerging technologies, but so far, the specific details of this initiative are still unknown. (The Block)

global policy

The Standing Committee of the Shenzhen Municipal People's Congress: The government should use smart means such as blockchain to provide investment and financing docking services

The Standing Committee of the Shenzhen Municipal People's Congress issued an announcement on the public consultation on the "Shenzhen Special Economic Zone Science and Technology Innovation Regulations (Draft for Comment)". Article 58 The content of the "Science and Technology Financial Comprehensive Service Platform" shows that the municipal and district people's governments and their relevant departments shall use big data, blockchain, and artificial intelligence to provide technological innovation-oriented enterprises with online and intelligent services. and batch investment and financing docking services. (Official website of the Standing Committee of the Shenzhen Municipal People's Congress)

Character·Voice

Character·Voice

Gavin Wood: Polkadot will enter the next stage of NPoS on the mainnet as soon as this Wednesday or Thursday

Gavin Wood, the founder of Polkadot, said in the community that he will enter the next phase of the Polkadot mainnet "NPoS" as soon as this Wednesday or Thursday.

According to Polkadot's official mainnet launch roadmap, when the first phase of PoA runs smoothly and enough nodes participate, it will consider entering the next phase of NPoS (Nominated Proof of Stake). In the NPoS phase, the network will be run by a group of decentralized verification nodes, and the Web3 Foundation will use administrator privileges to increase the number of verification nodes in this group. After going through the third stage (Governance) and the fourth stage (Remove Sudo), the fifth stage will open the transfer function.

Vice President of Bixin: Stablecoins are the biggest variable in the development of the cryptocurrency industry

Frank Ling, vice president of Bixin, said in an interview that insufficient reserves are not fatal to USDT. It only has one risk, which is regulatory risk. If the U.S. government messes with him and directly intervenes, causing daily acceptance and liquidity problems, it will really hurt USDT. The real reserve of USDT is not USD, but BTC.

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