| BNB soared 22% within a day, ranking fifth; crypto trading volume soared 75% in August, approaching the historical peak

黄雪姣

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2020-09-14 07:52 (UTC+8)

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Taking over the second wave of DeFi, the platform currency sector has collectively risen.

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Taking over the second wave of DeFi, the platform currency sector has collectively risen.

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The total market capitalization of BNB exceeds 4.6 billion US dollars, and the ranking rises to the fifth place
According to data from CoinMarketCap, BNB has risen by more than 22% in the past 24 hours, with a year-on-year increase of more than 50%. At present, the total market value of BNB exceeds 4.6 billion US dollars, and the global ranking has risen to the fifth place. Many trading pairs of BNB have experienced skyrocketing prices.

On September 11, Binance announced the establishment of a US$100 million seed fund to support the ecological construction of the industry and create ecological synergy between CeFi and DeFi. At the same time, Binance Smart Chain will support DeFi mining projects and support multiple mainstream currency mining. On September 12, He Yi, the co-founder of Binance, said in a live broadcast that Binance launched the Binance Smart Chain BSC, with the goal of surpassing Ethereum. The goal of BNB this year is to break through last year's high point.

On September 13, Gavin Wood, the founder of Polkadot, tweeted that by using the new XCM format, standard, and protocol, the inter-chain asset transfer has been successfully carried out on the Polkadot network for the first time.

digital currency

Report: Crypto Trading Volumes Up 75% in August, Highest Monthly Growth Since February 2018

According to The Block Trading Volume Index, since February 2018, cryptocurrency trading volume in August this year saw the highest monthly increase of about 75%. According to the latest report from The Block Research, the trading volume in August was $191.2 billion, compared to $109.3 billion in July. Spot volumes in August were the third-highest monthly volume since 2017. Binance has the largest market share, accounting for about 65% of the total trading volume in August, followed by Coinbase (11.2%), Kraken (4.8%) and LMAX Digital (4.8%).

Sushiswap launched a vote: to conduct a $14 million SUSHI token repurchase on September 15

On September 13, FTX founder SBF tweeted that in response to the Sushi community’s proposal to clarify the voting threshold for Sushiswap community governance, if the voting threshold is lowered, a repurchase of SUSHI tokens worth US$14 million will be carried out on Tuesday. If the vote is passed, the official will use ETH worth 14 million US dollars to repurchase SUSHI tokens in the SUSHI/ETH fund pool from 9:00 to 10:00 on September 15th, Beijing time.

Data: The average computing power of Bitcoin in the past 7 days has exceeded 136 EH/s, a new high

According to the BTC.com block explorer, as of 10:35 a.m. Beijing time on September 13, the average computing power of Bitcoin in the past 7 days reached 136.21 EH/s, a new high. Affected by the lucky value, the computing power of the entire network has reached 145.37 EH/s in the last day. According to statistics, the computing power of the entire Bitcoin network reached 105 EH/s in the first week of January this year. Subsequently, the computing power also experienced two declines, falling to lows of 95 EH/s and 91 EH/s on March 16 and May 4, 2020, respectively. Currently, BTC.com ranks first in the computing power list with 22840 PH/s, and F2pool and Poolin rank second and third with 21815.63 PH/s and 16484 PH/s.

OKChain officially changed its name to "OKEx Trading Chain", OKB soared 21% within a day

According to official news, OKEx's own public chain OKChain has been officially renamed "OKEx Exchange Chain" (OEC). Any individual or community organization can build their own blockchain applications based on OEC. At the same time, OKB continued to rise, reaching a peak of 6.65 USDT, an increase of more than 21% in 24 hours, leading the platform currency sector.

According to OKEx’s official website, relying on OKEx’s global vision and advanced experience in the field of encrypted digital assets, OEC starts from the bottom layer of the blockchain and interconnects with other ecologies. There are five ecological directions: issuing digital assets, running smart contracts, and cross-chain , Independently build a decentralized exchange and release DeFi applications. For more details, please visit the OKEx official website.

Developer: If all goes well, Ethereum 2.0 may be officially released in November

Ethereum developer Raul Jordan said that if all goes well, Ethereum 2.0 may be officially released in November. With less than 60 days to go until November, the prospect of ETH 2.0 launching before the end of the year may be the reason why Ethereum whales continue to accumulate ETH. Note: Raul Jordan is currently the lead of one of the eight development teams building software clients for Ethereum 2.0. (EWN)

Changpeng Zhao: Binance Smart Chain transaction volume has reached 10% of the Ethereum network

Changpeng Zhao tweeted that the transaction volume of the Binance Smart Chain (BSC) reached 10% of the ETH network within a few days of its launch. Let's help lower gas costs. On September 1, the Binance Smart Chain mainnet was officially launched. Binance Smart Chain will operate as a parallel chain of Binance Chain, enabling functions such as smart contract creation and BNB staking mining, while supporting individuals and/or institutions to collect BNB delegation and become a verification node of this new blockchain. In addition, the Binance Smart Chain community will launch more practical tools this month to serve functions such as the issuance and transfer of encrypted assets, BNB staking mining, and the creation and use of DApps.

Blockchain industry

The new action of "Digital Fujian": 20 key blockchain projects started intensively, and the BSN backbone network started construction

According to the Fujian Provincial Digital Office, on the 13th, 20 "Digital Fujian" blockchain key projects started intensively. On the 13th, in addition to the intensive start of 20 key blockchain application projects, the blockchain service network (BSN) Fujian Province blockchain backbone network also officially started construction. The areas involved in the blockchain project started in Fujian include not only coastal areas with prosperous industrial and commercial services, but also some major agricultural cities. The construction projects cover demonstration projects in blockchain application fields such as government affairs office, government service, public service, industrial and agricultural production, as well as blockchain "new infrastructure" demonstration projects such as blockchain application service platform. (Xinhua News Agency)

Investment and Financing

Cryptocurrency asset management firm Wave Financial has announced that it has closed an undisclosed first round of investment through its clients. Additionally, Wave Financial has purchased 1,000 barrels of whiskey from the Wilderness Trail Distillery in Danville, Kentucky, which it plans to tokenize within a year or two. (CoinDesk)

global policy

Wang Yongli, former vice president of the Bank of China and chief economist of Shenzhen Neptunus Group, said that the currency receipt and payment business is facing fierce competition and challenges of change. Internationally, competition in this area is also intensifying. Although Libra has not yet launched, this competitive situation is something to watch. More importantly, many countries are now developing "central bank digital currency" (CBDC). This will also promote profound changes in the form of currency and its payment and payment operating system and operating mechanism, and may have a profound impact on the market structure of the payment and payment business. In addition, major economies are strengthening currency receipts and payments, including the regulation of "cryptocurrency" (digital assets), which will pose challenges to the development of payment services and require high attention. (Economic Observer)