| Iran to Reward Reports on Illegal Bitcoin Miners; Coinbase Sells Its Blockchain Analysis Software to U.S. Secret Service
headlines
Bitcoin China: The company has nothing to do with BTCC, Yang Linke has no right to represent BTCC and ZG.COM
On July 11, Bitcoin China officially issued a statement saying:
About Bitcoin China (BTCChina) and BTCC. Although the names of the two are similar, the shareholder structure and subject are completely different. At the beginning of 2018, BTCC was wholly-owned by a Hong Kong investment company. Bitcoin China (BTCChina) has no affiliation or equity relationship with BTCC. Mr. Yang Linke is not an employee of BTCC, nor does he serve as a management or director of BTCC, and he is not a direct or indirect shareholder or ultimate beneficiary. Mr. Yang Linke's various behaviors cannot represent BTCC, nor have the right to represent BTCC.
Coinbase sells its blockchain analysis software Coinbase Analytics to the US Secret Service
Coinbase sells its blockchain analysis software Coinbase Analytics to the US Secret Service
Earlier news, public records show that Coinbase hopes to sell its blockchain analysis software to the US government. Both the U.S. Drug Enforcement Administration (DEA) and the U.S. Internal Revenue Service (IRS) have expressed interest in purchasing a license from Coinbase to use analytics platform Coinbase Analytics. Two relevant documents were released in April and May. But those institutions have yet to sign any contracts with Coinbase. (The Block)
digital currency
Compound Governance Proposal Increases WBTC Mortgage Factor to 40%
According to the data of the Compound voting system, the Compound governance proposal No. 016 was passed with a very slight advantage (533998 vs. 523974), and the WBTC mortgage coefficient has increased to 40%. Governance Proposal 016 was initiated by Alameda Research. The founder of the company, Sam Bankman Fried (also the founder and CEO of FTX), said: "I am very happy that Governance Proposal 016 can be passed, and I would like to thank all participants who supported this proposal. I think it will have It will help the diversified development of Compound and bring more practical protocols.”
According to the data of the Compound voting system, the Compound governance proposal No. 016 was passed with a very slight advantage (533998 vs. 523974), and the WBTC mortgage coefficient has increased to 40%. Governance Proposal 016 was initiated by Alameda Research. The founder of the company, Sam Bankman Fried (also the founder and CEO of FTX), said: "I am very happy that Governance Proposal 016 can be passed, and I would like to thank all participants who supported this proposal. I think it will have It will help the diversified development of Compound and bring more practical protocols.”
Crypto exchange Cashaa has stolen more than 336 BTC and has suspended all transactions
Crypto exchange Cashaa has stolen more than 336 BTC and has suspended all transactions
British cryptocurrency exchange Cashaa said hackers stole more than 336 bitcoins from one of its wallets. Currently, the exchange has halted all crypto-related transactions.
Ex-Goldman Sachs executive: ETH/BTC is experiencing a bull breakout
Ex-Goldman Sachs executive: ETH/BTC is experiencing a bull breakout
Raoul Pal, former head of Goldman Sachs' stock derivatives business and founder of Global Macro Investor, recently tweeted that in the upcoming Bitcoin bull market cycle, ETH is likely to "become (the first) cryptocurrency that outperforms BTC." The chart shared by Pal shows that ETH/BTC is experiencing a bullish breakout after a two-year bear market. It is worth mentioning that Pal stated that he does not hold ETH, but may establish a position in the near future. (CryptoSlate)
Data: Bitcoin Mining Energy Consumption Has Started Growing Again After Halving Trough
According to Digiconomist data, in the two weeks after the halving on May 11, the energy consumption of Bitcoin mining dropped by 24%, and the network computing power fell by 38% during the same period. However, the latest data shows that the energy consumption of Bitcoin mining has begun to increase again. Based on yesterday's data, Bitcoin mining needs to consume 61.256 TWh of electricity for the whole year, which is also the highest figure reported since May 11. . In fact, the data briefly crossed the 60 TWh mark in June, but then fell back below the mark, but recently, the figure has been above 60 TWh for a week. (Decrypt)
Blockchain industry
Zhanjiang makes every effort to promote the intelligent supervision of "blockchain food traceability"
Qinghai Province has operated a blockchain-based photovoltaic poverty alleviation operation management monitoring system
The first "blockchain refactoring" of China Construction Bank's China Enterprise Cloud Chain has landedInvestment and Financing）
Investment and Financing
HOPR Raises $1 Million in Seed Round Led by Binance Labs
Iran to Reward Those Who Report Illegal Bitcoin Miners
global policy
Iran to Reward Those Who Report Illegal Bitcoin Miners
Japanese media: G20 intends to "give green light" for digital currency and will discuss regulatory measures in October
Speaking of the US dollar digital currency, Yao Qian said that the US dollar digital currency has less government intervention and is mainly done by the private sector, but the official digital dollar was proposed in the US stimulus bill in March this year. Some media said that it may be built on the public chain of Ethereum, but it is unlikely, and it is more likely to be built on the Libra system.
Character·Voice
On the morning of July 12, Yao Qian, director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission, expressed a series of views in the live broadcast. Talking about the phenomenon of coins being stolen from exchanges, Yao Qian said that if the coins are lost, (to a large extent) it is because you entrusted your private key to a certain digital asset exchange, and the digital asset exchange did not keep your private key well, (even ) is likely to be the loss of assets caused by self-theft, and it is said that the data has been compromised.
Speaking of the US dollar digital currency, Yao Qian said that the US dollar digital currency has less government intervention and is mainly done by the private sector, but the official digital dollar was proposed in the US stimulus bill in March this year. Some media said that it may be built on the public chain of Ethereum, but it is unlikely, and it is more likely to be built on the Libra system.
Regarding the development of the domestic blockchain industry, Yao Qian said that blockchain applications are booming, but code plagiarism is serious. Many units have copied an open source thing and changed the parameters, using it as their own unique cheats. The direction of consensus, the direction of privacy protection, the direction of security, and cross-chain technology, these technical researches still need to be in-depth, and we can’t always copy other people’s things. (Wu said blockchain)
