| DEX transaction volume in July reached 4.32 billion US dollars; ETH2.0 multi-client test network Medalla has met the launch requirements

headlines
At around 12 noon on August 2, Bitcoin successfully broke through the pressure level of 12,000 US dollars, reaching a maximum of 12,100 US dollars, a new high in the past year. But half an hour later, the market took a sharp turn for the worse, diving off a cliff, causing a large number of chasing high soldiers to liquidate their positions. BTC fell as low as 10,422 USDT, with a maximum drop of 13.8% in one hour; ETH fell as low as 327.8 USDT, with a maximum drop of 21% in one hour, and other mainstream currencies generally fell by more than 10%. According to the data of Contract Emperor, within one hour of the market crash, a total of USD 423 million was liquidated across the network, of which USD 295 million was liquidated in BTC and USD 60.22 million was liquidated in ETH
digital currency
Ethereum 2.0 multi-client test network Medalla has met the launch requirements
Ethereum 2.0 multi-client test network Medalla has met the launch requirements
The performance of the DeFi mortgage lending platform is stable under the violent market fluctuations, and the total liquidation volume in 24 hours is about 727,000 US dollars
On August 2, Bitcoin rose sharply to 12,000 USDT and then quickly fell back to around 10,500 USDT. The short-term amplitude was nearly 1,500 USDT. Under the severe market fluctuations, the contract market had a total liquidation of about 1.1 billion US dollars in 24 hours.
The circulation of TRC20-USDT exceeded 3.7 billion pieces, and the number of holder addresses exceeded 600,000
Grin developer David Burkett updates "Litecoin MW protocol integration" July development progress
Grin developer David Burkett updates "Litecoin MW protocol integration" July development progress
Grin developer David Burkett, funded by the Litecoin Foundation and responsible for integrating the MimbleWimble protocol into Litecoin, updated July on development progress.
Data: The number of ETH profit addresses hit a record high
Data: The number of ETH profit addresses hit a record high
Zeus Capital LLP short report accuses Chainlink partnership of exaggeration
Zeus Capital LLP short report accuses Chainlink partnership of exaggeration
Zeus Capital LLP released a new report reiterating its previous view that Chainlink is a huge pump and dump scheme. The latest report claims that the more than 140 partnerships currently announced by Chainlink are exaggerated, and some are even outright lies. The project was set up to enrich the wealth of the founders. The report questioned the veracity of its announced game-changing partnerships with "tech giants such as Google, Oracle, and T-Systems."Zeus Capital LLP acknowledged that Chainlink’s core proposition is to connect APIs to blockchains, so a sizable number of traditional players can easily participate. But the infrastructure behind Chainlink overhyped the project and exaggerated the degree of willingness of its partners to move forward with the collaboration.(Bitcoin.com)
Data: The total value of assets locked in DeFi exceeds $4 billion
Data: The total value of assets locked in DeFi exceeds $4 billion

yearn.finance's proposal on the YFI token inflation plan was rejected
yearn.finance's proposal on the YFI token inflation plan was rejected
Decentralized exchange trading volume reached $4.32 billion in July, up 174% from June
Decentralized exchange trading volume reached $4.32 billion in July, up 174% from June
Uniswap's US Google Trends Index peaked at 100 in the past 12 months
secondary title
Safety
The FBI disclosed the details of the Twitter hacking incident, and the Coinbase registration information exposed the identity of the hacker
secondary title
Blockchain industry
Nanning City will continue to strengthen the work of attracting investment in the digital economy, give full play to its own advantages, vigorously introduce key projects and enterprises such as the Internet of Things, 5G network, big data, cloud computing, artificial intelligence, and blockchain, and focus on promoting the application of data centers and 5G technology Demonstration zones and other new infrastructures will be built to create an ASEAN-oriented digital economy collaborative development cluster. (Nanning Daily)
global policy
The first batch of applications of Shenzhen Regulatory Sandbox debuted, including blockchain and other information technologies
Brazil's central bank has authorized WhatsApp to test payments in the country
Brazil's central bank has authorized WhatsApp to test payments in the country
According to previous news, WhatsApp announced on June 15 that it will be the first to launch legal currency electronic payment services in Brazil. However, this service has been opposed by Brazilian officials. The Central Bank of Brazil wants MasterCard and Visa to stop processing WhatsApp transfer payments. At the same time, the Brazilian Economic and Defense Management Council (CADE) has also ordered WhatsApp to suspend the promotion of payment services. On June 30, CADE revoked the relevant ban, but the Central Bank of Brazil has not made any concessions. (Reuters)
Character·Voice
Wang Yongli: The central bank's digital currency should not be limited to replacing M0, but should replace all currencies as much as possible
Wang Yongli, former vice president of the Bank of China, published a paper titled "Central Bank Digital Currency and Operational Mechanism Reform". In his article, he stated that credit currency is closely related to national sovereignty and laws, so when the country still exists and the world is far from achieving integrated governance, it is necessary to create a purely endogenous digital (encrypted) currency based on the principle of gold and silver ( Such as Bitcoin, etc.); or it is unrealistic to imagine a new super-sovereign currency (such as Libra, etc.) structurally linked to a basket of fiat currencies, and it is difficult to subvert or replace the existing fiat currency system.


