| The total market value of DeFi projects exceeded 10 billion US dollars, and LINK accounted for more than half; the holdings of Grayscale Bitcoin Trust exceeded 400,000 BTC

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headlines

Data: The total market value of DeFi projects exceeded 10 billion US dollars, and LINK accounted for more than half
Note:"According to DeBank data, the current total market value of DeFi projects has exceeded 10 billion US dollars, about 10.13 billion US dollars. Among them, LINK has a market value of more than US$5.136 billion, accounting for 50.71% of the total; MKR has a market value of more than US$526 million, accounting for 5.2% of the total; COMP has a market value of more than US$519 million, accounting for 5.13% of the total."The holdings of Grayscale Bitcoin Trust exceeded 400,000 BTC

digital currency

The holdings of Grayscale Bitcoin Trust exceeded 400,000 BTC

According to the data released by Reddit netizen @u/_ich, the total holdings of Grayscale Bitcoin Trust (GBTC) has exceeded 400,000 BTC, reaching 401,385. (Reddit)

Weiss Ratings Updates Top Coin Rankings: Ethereum Rated A, Ranks First

Cryptocurrency rating agency Weiss Ratings has updated its ranking of top tokens, which combines market performance, technological development, investment risk and other factors. In the latest ranking, Ethereum ranks first (rating: A), followed by Bitcoin (B+), Cardano (B), Litecoin (B-), and Stellar (B-) ranking 3-5.
Average Bitcoin transaction fees hit $6.50, up more than 500% in a month

Average Bitcoin transaction fees hit $6.50, up more than 500% in a month

As the price of BTC rises, its transaction fees continue to soar. The latest data from Bitinfocharts shows that the average transaction fee for Bitcoin was $6.50 on Thursday. Fees have soared from $6.10 per transaction to current levels in the past week, up almost 7%. And on July 6, the average cost of sending a bitcoin was just $1, which means fees have risen by 543% in a month. The increase in the cost of sending bitcoins may be due to price spikes and increased network usage. (Decrypt)

As the price of BTC rises, its transaction fees continue to soar. The latest data from Bitinfocharts shows that the average transaction fee for Bitcoin was $6.50 on Thursday. Fees have soared from $6.10 per transaction to current levels in the past week, up almost 7%. And on July 6, the average cost of sending a bitcoin was just $1, which means fees have risen by 543% in a month. The increase in the cost of sending bitcoins may be due to price spikes and increased network usage. (Decrypt)

MakerDAO Launches Executive Voting Again

On the morning of August 9th, MakerDAO tweeted: Due to an error during the last execution of the voting, MKR holders need to vote again; the parameters are the same as the last voting; WBTC has reached the debt ceiling, which means that no WBTC can be used Used to mint new Dai; all vaults and Dai are safe; new voting coming soon. (MakerDAO)

According to Whale Alert data, the ScamAlert website is tracking some addresses involved in crypto scams, and the number of confirmed and suspicious digital currency addresses has exceeded 50,000. (Whale Alert)

Blockchain industry

Blockchain industry

Xinfeng County, Jiangxi Province uses blockchain to trace the origin of navel oranges, realizing "one fruit, one code"

Xinfeng County, Jiangxi Province uses blockchain to trace the origin of navel oranges, realizing "one fruit, one code"

Investment and Financing

Investment and Financing

Crypto Payment Provider Wyre Completes $3M Series B1 Funding Led by Pantera Capital

Cryptocurrency payment provider Wyre announced the completion of a $3 million B1 round of financing, led by Pantera Capital, with Boost VC, Fifth Era, Nice Capital, Kraken and OK Group participating. Currently, Wyre is expanding its team to provide better services to its partners and users, and integration support will be added later.
Crypto Payment Provider Wyre Completes $3M Series B1 Funding Led by Pantera Capital

Cryptocurrency payment provider Wyre announced the completion of a $3 million B1 round of financing, led by Pantera Capital, with Boost VC, Fifth Era, Nice Capital, Kraken and OK Group participating. Currently, Wyre is expanding its team to provide better services to its partners and users, and integration support will be added later.

Decentralized exchange IDEX completes $2.5 million in seed round financing

Uniswap announced the completion of US$11 million in Series A financing, led by a16z

Uniswap announced the completion of US$11 million in Series A financing, led by a16z

global policy

global policy

Kenya's New 'Digital Tax' Could Affect Crypto Trading

Character·Voice

The Kenya Revenue Authority (KRA) has issued a new regulation requiring users of "digital marketplaces" to pay a digital tax. The new tax rate is 1.5% of the total transaction value and is expected to come into effect on January 1, 2021. . However, a local report pointed out that at this stage, the exact meaning of "digital market" and which groups will be subject to the digital tax are still unclear. (Bitcoin.com)

Character·Voice

North Dakota lawmaker plans to create the state's virtual currency

North Dakota Congressman Nathan Toman plans to create the state's virtual currency to help citizens insulate themselves from the economic downturn caused by the new crown epidemic. The virtual currency will be linked to the value of state-owned assets such as state-owned gold. Citizens can purchase the virtual currency and use it to invest in stocks and other virtual currencies. Nathan Toman said the state has the capability to develop virtual currency and has an excellent IT department. Even an economic collapse centered on Wall Street would protect the people of North Dakota from the fallout, he said. However, at present, the US Securities Commission and the Bank of North Dakota have little interest in creating the virtual currency, and it is not clear whether the virtual currency will use blockchain technology. (CoinPost)
Yearn founder: will not leave the DeFi field, previous media reports are suspected of being exaggerated