| Beijing Bitmain calls on shareholder struggles not to affect the company's development; Grayscale DLC Fund raises the weight of BTC and ETH

秦晓峰

Odaily资深作者

@QinXiaofeng888

2020-07-14 07:30 (UTC+8)

This article is about 3843 words, reading the full article takes about 6 minutes

Bitcoin network mining difficulty increased by 9.89% to 17.35T.

AI Summary

Expand

Bitcoin network mining difficulty increased by 9.89% to 17.35T.

headlines

Bitmain Internal Letter: Removal of Ketuan Zhan as Executive Director of Century Cloud Core

According to the internal letter of Beijing Bitmain Technology, as a shareholder holding 100% equity of Shenzhen Century Cloud Core Technology Co., Ltd. ("Century Cloud Core"), Beijing Bitmain Technology Co., Ltd. On the 8th, a shareholder decision was made to remove Ketuan Zhan as the executive director of Century Cloud Core, and Wu Jihan was appointed as the executive director of Century Cloud Core; on the same day, Wu Jihan made a decision to remove Zhou Feng as the general manager of Century Cloud Core. Wu Jihan himself concurrently serves as the general manager of Century Cloud Core and the legal representative of Century Cloud Core. In order to improve work efficiency, Wu Jihan has also appointed Long Zhengxiang as the acting general manager of Century Cloud Core to act as the general manager's operation and management authority.

In response to the statement issued by Wu Jihan, Zhan Ketuan said: Shareholder struggles should not affect the company's cooperation with customers and suppliers, and do not involve employees in it. The details are as follows:
According to relevant national laws, regulations and procedures, Beijing Bitmain has invalidated the old official seal on May 8, 2020, and the new official seal will take effect on June 1, 2020. The new official seal number is 1101081651178. Documents affixed with the invalid official seal have no legal effect, and the use of the invalid official seal is also illegal.
Shenzhen Century Cloud Core operates normally according to law. For customers whose payment has been verified by Beijing Bitmain and its subsidiaries, Shenzhen Century Cloud Core will deliver goods normally; for customers whose payment has not entered the accounts of Beijing Bitmain and its subsidiaries, Shenzhen Century Cloud Core has no reason and obligation to deliver goods. The cooperation between Shenzhen Century Cloud Core and suppliers is in progress.
Jihan Wu recently sent disrespectful lawyer letters to some clients of Bitmain in Beijing. This behavior not only damaged the image and interests of Bitmain, but also damaged the interests of Jihan Wu as the second shareholder of Bitmain. Jihan Wu’s transfer of a large amount of Beijing Bitmain’s assets to Chongqing Siyuan is suspected of serious violations of the law.
Beijing Bitmain and Zhan Ketuan sincerely appeal that disputes between shareholders can be resorted to the law normally, but do not affect the company's cooperation with customers and suppliers. In particular, it is called not to involve employees in shareholder struggles, and not to allow employees to violate the law.

digital currency

Grayscale DLC Fund raised the weight of BTC and ETH, and lowered the weight of XRP, BCH and LTC

Grayscale DLC Fund raised the weight of BTC and ETH, and lowered the weight of XRP, BCH and LTC
Crypto asset manager Grayscale Investment (Grayscale) is increasing the weighting of BTC and ETH in its Digital Large Cap Fund (DLC), while reducing the weighting of XRP, BCH and LTC. During the period from March 31 to June 30, the company adjusted the holding ratio of various DLC assets, increased the weight of BTC by 0.5% and the weight of ETH by 2.1%, and lowered the weight of XRP, BCH and LTC respectively. 1.4%, 0.8% and 0.4%. The product currently has $33 million in net assets under management.

As of July 10, Grayscale managed $4.1 billion worth of crypto investments, including $3.55 billion in GBTC and $410.1 million in ETHE. Its assets under management (AUM) have grown by 250% from $1.17 billion at the end of 2019, and investment into Grayscale’s crypto products in the first half of this year far exceeds the total invested in 2013-2019. (The Daily Hodl)

OKLink: Bitcoin network mining difficulty increased by 9.89% to 17.35T
OKLink data shows that at 19:52 on July 13, the BTC network ushered in a difficulty adjustment at a height of 639072. This time the difficulty was adjusted to 17.35T, an increase of 9.89%.

OKCoin suffered two waves of DoS attacks this morning, user funds are safe and the problem has been resolved

OKCoin officially tweeted that starting at 6:30 Beijing time yesterday, the OKCoin website suffered two waves of DoS attacks, resulting in users being unable to log in to the website for nearly four hours. All customer assets are safe and mobile apps and APIs are functioning properly. Our engineers have fixed this issue. (OKCoin)

LINK is up 339% YTD, making it the top 10 cryptocurrency by market capitalization

A verdict was pronounced on a virtual currency network MLM case involving hundreds of millions of funds in Guangdong

Tencent Yujian: A new variant of Eternal Blue appears, running a Monero mining Trojan

On July 13, the Tencent Security Threat Intelligence Center issued a document stating that a new variant of the Eternal Blue downloader Trojan was detected again. This variant uses Python to package EXE executable files to attack. The organization used similar methods at the end of 2018. Tencent security big data monitoring data shows that the latest variant of the Eternal Blue downloader has spread rapidly since its appearance, and has infected about 15,000 servers so far. The poisoned system is eventually used to download and run the Monero mining Trojan horse. (Tencent Yujian)

Blockchain industry

Bank of Communications Dalian Branch Landed the First Export Financing Business on the Dalian Cross-border Financial Blockchain Service Platform

Singapore blockchain payment project Ubin is ready for commercial rollout

Singaporean authorities said on Monday that the country has developed a blockchain-based payment network that enables faster and cheaper international settlements, adding that commercial rollout is the next step. In the final phase of the years-long Project Ubin, the Monetary Authority of Singapore (MAS) teamed up with Temasek and JPMorgan to develop a prototype of a multi-currency payments network. According to reports, commercial applications of the prototype include cross-border payments in multiple currencies, foreign currency exchange, settlement of foreign currency-denominated securities, and other use cases. To facilitate further development of the industry, MAS and Temasek said some technical specifications of the prototype network will be made available to the public. (Reuters)

Investment and Financing

Fidelity invests US$4.33 million in Canadian listed mining company Hut 8's recent public offering, becoming the largest investor

Fidelity became the largest investor in Canadian-listed mining company Hut 8's public offering last month. According to a recent document, Fidelity purchased 71% of the shares of the Hut 8 offering (including a combination of stocks and warrants), investing $4.33 million, which means that Fidelity now owns Hut 8 10.6% of outstanding shares. Earlier news, Hut 8 completed more than 8.3 million US dollars in equity financing. (sedar)

global policy

Ukraine's State Security Agency is investigating illegal cryptocurrency exchanges

Economic Daily: Action plans are issued in many places, and special policies for blockchain are competing to be introduced

In the first half of this year, Beijing, Hunan, Guizhou, Hainan, Jiangsu, Hebei and other provincial-level administrative regions have issued special blockchain development policies. From the perspective of development goals, many places have listed the short-term goals of blockchain development. In the eyes of industry insiders, as the national political center and the vanguard in the development of the blockchain industry, Beijing's blockchain policy can be regarded as a weather vane for the industry. Where special development policies for blockchain have been issued, most of them have put forward clear development plans. For example, in terms of enterprise cultivation, Guizhou stated that it will introduce and cultivate more than 100 growing blockchain enterprises. It is worth mentioning that the six provinces and cities have proposed multiple "landing" application fields and scenarios, involving multiple directions such as finance, manufacturing, people's livelihood, government affairs, and communications. Compared with other areas, e-government has received more attention and is covered in local plans. (Economic Daily)