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| Bitcoin ABC says it will support both BCHN and BCHA; lending platform Cred files for bankruptcy protection

Azuma
Odaily资深作者
@azuma_eth
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ETH 2.0 is so hot, beware of fraudulent funds using this concept.
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ETH 2.0 is so hot, beware of fraudulent funds using this concept.

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headlines

Bitcoin ABC says it will support BCHN and BCHA chains after the fork

digital currency

Recently, Ethereum released the ETH 2.0 deposit contract. Odaily noticed that a fund project called Ethfund (Ethereum Fund), under the banner of Ethereum 2.0, wantonly collected money. In the publicity, the project claimed that V God, the founder of Ethereum, invested 3,000 ETH, but in fact the payee was not the relevant address of this project, and the screenshot of the chat was also suspected to be PS synthesis; in addition, the Ethereum Fund and the Ethereum Foundation (The Ethereum Foundation) Foundation) is not associated in any way. The project requires users to send ETH to a specific contract address, and claims to be able to obtain more than 200% of the income; encourages users to develop offline, and obtain additional income by pulling people; the project itself does not have a clear profit model, but only with new user funds Repay the old users, the capital disk model of tearing down the east wall to make up for the west wall. Odaily hereby reminds investors to stay away and carefully identify similar projects.

digital currency

Harvest Finance Announces Compensation Plan for Damaged Users in the Hacking Incident

Harvest Finance Announces Compensation Plan for Damaged Users in the Hacking Incident

Harvest Finance officially tweeted that the USDC/USDT users affected by the hacker experienced a 15% loss. These affected users will receive GRAIN tokens in proportion to their deposits, as well as the $2.5 million returned by the hacker in proportion. That is, if the affected user loses 100 USDC from the hacking incident, then the user will get about 7.39 USDC or USDT, and about 92.6 GRAIN tokens. The official said that the deployment is still being tested, and more specific details will be announced as more deployment details are finalized and the MerkelDistributor website is launched. Harvest Finance again emphasized that the total amount stolen was $33.8 million, not $24 million.

BitMax Announcement: Service will be resumed within 24 hours, user assets are safe
According to BitMax's official announcement, in the past 24 hours, after multiple rounds of communication, approval, and collaboration with multiple AWS teams around the world, the system recovery is currently progressing smoothly. According to the current progress, the platform will resume service within 24 hours. Remind again that this incident does not involve the BitMax.io wallet, and all users' assets are 100% safe.

At noon on November 8, BitMax posted on Weibo that BitMax experienced a persistent AWS system failure due to problems with third-party suppliers. During the period, the BitMax wallet and custody business will not be affected, and the assets on the platform will be safe.

DragonEx released a temporary restart plan
On November 8, DragonEx officially released a temporary restart plan, which includes:
1. Users trade on the platform, mortgage loans, recharge, and can get the withdrawal amount DWQ. 1DWQ=1USDT, that is, 1DWQ can be used to withdraw assets worth 1USDT. The execution time is expected to start on November 9, 2020 (that is, the first snapshot will be executed at 00:00 on November 10).
2. DWQ/USDT is expected to be opened on November 15, 2020, and users can freely transfer DWQ.
3. In the later period, if the platform makes good profits, it can be fully covered and withdrawn.
4. After the DWQ function is launched, the platform will gradually resume deposit and withdrawal.

On October 21, DragonEx officially announced that DragonEx was hacked on March 24, 2019, resulting in the theft of platform assets. The stolen assets were converted into about 8.8 million USDT at the current currency price. According to the current currency price, there is still a funding gap of several million USDT.

FTX allows users who bet on Trump to win the election to continue betting until February next year

The result of the U.S. election has been determined, but Trump still says the election is not over. After a series of complaints from Trump supporters, the encrypted derivatives trading platform FTX allows those who bet on Trump to win the 2020 election to continue betting until 2021 February. It is reported that FTX previously launched the Trump election quiz tokens TRUMPWIN and TRUMPLOSE, the value of which depends on the results of the US election. (Decrypt)

Antpool will suspend all BCH payments from November 11

AntPool announced that the BCH network is expected to undergo a hard fork upgrade on November 15. There are currently two competing fork schemes, BCHA and BCHN. In order to ensure the security of user assets, AntPool will suspend all BCH (including Main area and SmarPool) payments from November 11.

Ethereum is once again trying to escape Bitcoin's market influence. According to data from Coinmetrics, ETH’s correlation with BTC has dropped significantly, falling 49% in October to levels last seen in early 2018. This correlation will continue to decline as ETH 2.0 staking continues to increase. ETH may finally break above $500 before December 1st. (EWN)

Blockchain industry

Blockchain industry

The Guangdong-Hong Kong-Macao Greater Bay Area Combined Port Project was officially launched, using blockchain and other technologies

The Guangdong-Hong Kong-Macao Greater Bay Area Combined Port Project was officially launched, using blockchain and other technologies

On the morning of November 9, the "Guangdong-Hong Kong-Macao Greater Bay Area Combined Port Project" was officially launched in Shenzhen. By building a service platform for port logistics and trade facilitation, the project uses blockchain, big data and other technologies to enable ports in different customs areas along the coast of the Guangdong-Hong Kong-Macao Greater Bay Area to share port codes and form a "Guangdong-Hong Kong-Macao Greater Bay Area". Ports combined in different regions, direct transfer of goods between ports, so that the import and export goods that originally need to go through customs transit procedures between multiple ports can be cleared through customs only once. (CCTV News)

On the morning of November 9, the "Guangdong-Hong Kong-Macao Greater Bay Area Combined Port Project" was officially launched in Shenzhen. By building a service platform for port logistics and trade facilitation, the project uses blockchain, big data and other technologies to enable ports in different customs areas along the coast of the Guangdong-Hong Kong-Macao Greater Bay Area to share port codes and form a "Guangdong-Hong Kong-Macao Greater Bay Area". Ports combined in different regions, direct transfer of goods between ports, so that the import and export goods that originally need to go through customs transit procedures between multiple ports can be cleared through customs only once. (CCTV News)

South Korea's Busan City will officially use the blockchain intelligent water quality management system

The city of Busan, South Korea announced that it will provide water quality information to citizens through the intelligent water quality management system "Pure 365" based on blockchain technology from November 9. (Yonhap News Agency)

Recently, Alibaba (Guangdong) Technology Co., Ltd. was established. The registered capital of the company is RMB 10 million, and its legal representative is Tao Xuefei. Its business scope includes artificial intelligence general application systems; technology intermediary services; artificial intelligence basic software development; electronic special material research and development; software outsourcing services; blockchain technology related software and services etc., the company is wholly owned by Alibaba (China) Co., Ltd. (interface)

Investment and Financing

Investment and Financing

Supreme Law: Promote the in-depth application of blockchain and other technologies in intellectual property trials and judicial work

global policy

Supreme Law: Promote the in-depth application of blockchain and other technologies in intellectual property trials and judicial work

Yang Wanming, vice president of the Supreme People's Court, announced at a press conference that the "Opinions of the Supreme People's Court on Supporting and Guaranteeing Shenzhen's Construction of a Pioneering Demonstration Zone of Socialism with Chinese Characteristics" was reviewed and approved by the Party Committee of the Supreme People's Court, and it was released for implementation today. The "Opinions" pointed out that the technical fact finding and identification system will be improved, and the extensive application of blockchain technology in intellectual property trials will be promoted; the in-depth application of blockchain and other information technologies in judicial work will be comprehensively promoted, and the level of intelligence in judicial work will be improved. Comprehensively strengthen the construction of smart courts. Strengthen research on legal issues such as digital currency, mobile payment, and mutual recognition of financial markets and financial (fund) products with Hong Kong and Macau, and serve to ensure the innovative development of Shenzhen's financial industry. (Official website of the Supreme People's Court of the People's Republic of China)

Yang Wanming, vice president of the Supreme People's Court, announced at a press conference that the "Opinions of the Supreme People's Court on Supporting and Guaranteeing Shenzhen's Construction of a Pioneering Demonstration Zone of Socialism with Chinese Characteristics" was reviewed and approved by the Party Committee of the Supreme People's Court, and it was released for implementation today. The "Opinions" pointed out that the technical fact finding and identification system will be improved, and the extensive application of blockchain technology in intellectual property trials will be promoted; the in-depth application of blockchain and other information technologies in judicial work will be comprehensively promoted, and the level of intelligence in judicial work will be improved. Comprehensively strengthen the construction of smart courts. Strengthen research on legal issues such as digital currency, mobile payment, and mutual recognition of financial markets and financial (fund) products with Hong Kong and Macau, and serve to ensure the innovative development of Shenzhen's financial industry. (Official website of the Supreme People's Court of the People's Republic of China)

The U.S. state of New Jersey is phasing in on a cryptocurrency license, with the Digital Assets and Blockchain Technology Act (Bill 3132) introduced to the Senate last Thursday, sponsored by Senator Nellie Pou. The bill seeks to regulate cryptocurrency service providers under the supervision of the New Jersey Department of Banking and Insurance. The proposed law would require a license to be issued to any entity seeking to offer services in trading, storing, buying, selling, trading, lending or issuing digital assets. These entities, both businesses and individuals, will not be able to engage in any business activity unless they are licensed in New Jersey or licensed in another state. (Coindesk)

Character·Voice

Character·Voice

Shen Nanpeng Dialogue with Li Xiaojia: The four major technologies of artificial intelligence, blockchain, big data and cloud computing do not exist independently

During the 5th Hong Kong Financial Technology Week, Shen Nanpeng, global executive partner of Sequoia Capital, and Li Xiaojia, CEO of Hong Kong Stock Exchange Group, had a unique dialogue. When asked whether technology will become a truly important business Competitive advantage, and which of the four technologies A, B, C, and D (AI-artificial intelligence, Blockchain-blockchain, Cloud-cloud computing, and Data-data) that people currently mention in emerging markets can really rewrite the financial industry When asked about these two fundamental questions, Shen Nanpeng replied: AI, blockchain, cloud computing and big data are the four technological trends, they do not exist independently, in fact these technologies are closely linked. (Sina Finance)

Founder of Bitcoin Advisory: The "official" ETH2.0 deposit contract address is suspected of being a "monopoly"

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