| Nasdaq-listed companies announced the purchase of $250 million in Bitcoin; Beijing Bitmain notified the progress of legal proceedings at the Cayman level

headlines
headlines
Bitmain internal letter: The facts of the lawsuit at the Cayman level are clear, and we will strive to resume production and operation as soon as possible and achieve an IPO
Nasdaq-listed business intelligence firm MicroStrategy has become the first public company to buy bitcoin as part of its capital allocation strategy. The company announced that it had purchased 21,454 bitcoins (currently worth more than $250 million). MicroStrategy previously disclosed plans to purchase Bitcoin to avoid inflation for the first time on July 28, 2020. (The Block)
Nasdaq-listed company MicroStrategy announces it has bought $250 million in Bitcoin
Nasdaq-listed business intelligence firm MicroStrategy has become the first public company to buy bitcoin as part of its capital allocation strategy. The company announced that it had purchased 21,454 bitcoins (currently worth more than $250 million). MicroStrategy previously disclosed plans to purchase Bitcoin to avoid inflation for the first time on July 28, 2020. (The Block)
digital currency
ETC Labs reviews the 51% attack event: does not plan to roll back any transactions, and is researching new mining algorithms
ETC Labs reviews the 51% attack event: does not plan to roll back any transactions, and is researching new mining algorithms
On August 11, ETC Labs published an article summarizing the recent 51% attacks. ETC Labs stated that, first of all, during the attack period, the official kept in touch with the miners and exchanges, provided advice on the attack, requested the suspension of deposits and withdrawals, and ensured the use of the Geth or Besu core client. Secondly, the official statement on the incident is as follows:
1. It is unreasonable to accuse mining pools of selling computing power to attackers. Although mining pools can improve the system and encourage miners to behave honestly, they are not responsible for network security.
Ethereum 2.0 multi-client testnet Medalla has two major issues fixed, and two more are under investigation
As of now, the Ethereum 2.0 multi-client test network Medalla has more than 26,000 active verification nodes and is running well. Medalla has always followed the mainnet specification, and compared to other testnets, it has made significant progress in size and complexity. Four major issues have been identified since the testnet launch last week, two of which have been fixed so far. (Microstrategy.)
The Grin mining machine has been put into use, and the current computing power of the entire network is 22378 Gps
FTX founder: Decentralized exchange Serum will be launched this week
FTX founder: Decentralized exchange Serum will be launched this week
The total number of TRON accounts exceeded 7.5 million[Original link]
The flash loan robot that monitors the arbitrage space spends a gas fee of about 4 ETH to arbitrage more than 80,000 USDC from Uniswap. Because some "giant whales" bought about 40,000 ETH at one time with about 18 million USDT on Uniswap, resulting in a premium of over 10% for ETH on Uniswap; the flash loan robot monitored this arbitrage space and spent about 4 ETH in gas fees to arbitrage it More than 80,000 USDC. (PA News)
Blockchain industry
Media: More than 100 registered blockchain companies in Guiyang
On August 10, the Harbin Intermediate People's Court used an "electronic seal" for the first time to investigate and deal with a property involved in the case. It is understood that the electronic seal is an innovative application of blockchain technology in court hardware, which has the characteristics of eye-catching appearance, advanced technology, and intelligent application. (Northeast Network)
Investment and Financing
1inch completes USD 2.8 million financing led by Binance Labs and Galaxy Digital
1inch completes USD 2.8 million financing led by Binance Labs and Galaxy Digital
LBank announced that it has reached a strategic cooperation with the Capital DeFi Fund. LBank will contribute 5 million US dollars to participate in the fund to jointly explore high-quality DeFi projects and empower service project parties. The DeFi projects invested in will be exempted from review and listed on LBank without listing fees, and Enjoy full support from LBank.
global policy
Several U.S. banks respond to OCC, saying they are open to providing encrypted services
Several U.S. banks respond to OCC, saying they are open to providing encrypted services
Foreign media: Ireland may pass new anti-money laundering laws against cryptocurrencies
Character·Voice
Messari CEO: Bitcoin is Asset-Centric, Ethereum is Technology-Centric
Messari CEO: Bitcoin is Asset-Centric, Ethereum is Technology-Centric
Ryan Selkis, CEO of Messari, tweeted that Bitcoin is asset-centric, and technology makes assets work. Ethereum is technology-centric, and assets make technology work. In short, this is the cryptocurrency holy war.


