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| The four major banks are conducting large-scale internal testing of digital currency apps; the trading volume of DEX has reached nearly 4% of the trading volume of centralized exchanges​

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A number of people from major state-owned banks said that they are testing digital wallet applications on a large scale in Shenzhen and other places to prepare for the official launch of digital currency.
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A number of people from major state-owned banks said that they are testing digital wallet applications on a large scale in Shenzhen and other places to prepare for the official launch of digital currency.

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The four major banks are conducting large-scale internal testing of digital currency apps, which can complete transfers with mobile phone numbers

A number of people from major state-owned banks said that they are testing digital wallet applications on a large scale in Shenzhen and other places to prepare for the official launch of digital currency. The digital currency is led by the central bank, and various banks have been testing the landing scenarios in the past few months. At present, internal employees of some major banks have started to use it for scenarios such as transfer and payment.

Judging from the landing scene of "digital currency", it can realize recharge, cash withdrawal, transfer, scanning code consumption, etc., among which transfer can be carried out only with the other party's mobile phone number, and the function of transferring money without network is being tested. The payment logic is similar to third-party payments such as WeChat and Alipay, and users can scan QR codes to pay each other. (21 financial circles)

digital currency

The open network platform NEAR Protocol will open the public sale on August 11

The open network platform NEAR Protocol has opened the public offering registration. The public offering period is from August 11th to August 13th. The public offering platform is Coinlist. The sale of Near tokens is divided into three options according to the length of the lock-up period. The lock-up period is 40 days. The price of each token is 0.4 US dollars, and the upper limit is 25 million. Locked for 1 year, the price per token is $0.34. Locked for two years, the price of each token is $0.29, and the minimum purchase amount is 500 tokens. This public offering is open to non-US participants, excluding certain jurisdictions.

The four major banks are conducting large-scale internal testing of digital currency apps, which can complete transfers with mobile phone numbers

The four major banks are conducting large-scale internal testing of digital currency apps, which can complete transfers with mobile phone numbers

A number of people from major state-owned banks said that they are testing digital wallet applications on a large scale in Shenzhen and other places to prepare for the official launch of digital currency. The digital currency is led by the central bank, and various banks have been testing the landing scenarios in the past few months. At present, internal employees of some major banks have started to use it for scenarios such as transfer and payment.

Judging from the landing scene of "digital currency", it can realize recharge, cash withdrawal, transfer, scanning code consumption, etc., among which transfer can be carried out only with the other party's mobile phone number, and the function of transferring money without network is being tested. The payment logic is similar to third-party payments such as WeChat and Alipay, and users can scan QR codes to pay each other. (21 financial circles)

digital currency

The open network platform NEAR Protocol will open the public sale on August 11

The open network platform NEAR Protocol will open the public sale on August 11

Analysis: LINK’s recent rise in currency prices may be related to the LINK community’s counterattack against Zeus Capital LLP

Analysis: LINK’s recent rise in currency prices may be related to the LINK community’s counterattack against Zeus Capital LLP

The cause of Yang Haipo's "forking" of BCH: not a fork, but driving away ABC

On August 5th, Yang Haipo, CEO of ViaBTC mining pool, posted on Weibo that "BCH has suffered from ABC for a long time, and it is time to make changes", and it is suspected that BCH will be forked.

It is reported that the opposition to ABC and its chief developer Amuary Sechet originated from the community's disagreement over the BCH hard fork plan to be implemented in November this year.

A core of this upgrade is to improve the Difficulty Adjustment Algorithm (DAA). Previously, developer Jonathan Toomim proposed a well-tested "aserti3-2d" proposal, which was opposed by Amuary. Amuary then proposed a proposal called Grasberg. The General Protocols project in the community believes that the proposal has not yet passed the review of most Bitcoin Cash nodes, and Bitcoin ABC has not provided further test data to support it, so it calls on the community to oppose Amuary’s proposal. proposal.

Opyn official: ETH put option sellers affected by the vulnerability will be fully compensated

Grayscale's total assets under management reached $5.4 billion

Bakkt Bitcoin Futures Delivery Drops to Lowest Level of the Year

Bitcoin futures open interest peaked on Aug. 1, according to data from Skew. Both Bakkt and CME also saw large increases in trading volume and open interest. However, the number of BTC futures contracts held to expiration fell 74% in July, the lowest number so far in 2020. According to Arcane Research data, the Bakkt Bitcoin futures contract expiration has dropped from 221 BTC in June to 58 BTC in July, both lower than the number of BTC futures contracts that expired in April after the market crashed in March. (AMBCrypto)

Blockchain industry

According to Grayscale’s official Twitter, as of August 4, Grayscale’s total assets under management reached US$5.4 billion. The Bitcoin Trust (GBTC) traded at $13.20 per share, down 1.05% from the previous day; the Ethereum Trust (ETHE) traded at $113 per share, up 3.10% from the previous day.

DEX trading volume reaches nearly 4% of centralized exchange trading volume

DEX trading volume reaches nearly 4% of centralized exchange trading volume

Bakkt Bitcoin Futures Delivery Drops to Lowest Level of the Year

global policy

Bitcoin futures open interest peaked on Aug. 1, according to data from Skew. Both Bakkt and CME also saw large increases in trading volume and open interest. However, the number of BTC futures contracts held to expiration fell 74% in July, the lowest number so far in 2020. According to Arcane Research data, the Bakkt Bitcoin futures contract expiration has dropped from 221 BTC in June to 58 BTC in July, both lower than the number of BTC futures contracts that expired in April after the market crashed in March. (AMBCrypto)

Blockchain industry

Liaoning landed the first cross-border financial blockchain business

Recently, the Huludao Branch of the Bank of China successfully provided financing support of USD 330,000 to Liaoning Shixing Pharmaceutical Co., Ltd. through the cross-border financial blockchain accounts receivable financing business, marking the first cross-border financial blockchain service platform pilot project in Liaoning The business officially landed. (China Securities Network)

Peking University team has achieved breakthrough results, which will promote the development of blockchain technology

global policy

Central Bank Shanghai Headquarters: Continue to monitor and deal with risks such as ICO and virtual currency transactions

Character·Voice

On August 5, the Shanghai Headquarters of the People's Bank of China held a work conference for the second half of 2020. The meeting requested that the monitoring and disposal of Internet financial risks such as ICO and virtual currency transactions, P2P online loans, etc. be continued. Strongly crack down on illegal activities such as cross-border gambling, telecommunications and network fraud, illegal operation of payment institutions, and unlicensed operation of payment business. (The Paper)

Shenzhen will actively support the pilot application of various scenarios of the People's Bank of China's digital currency in Shenzhen

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