| The top four free apps in the financial category of the App Store in the United States all support or plan to support Bitcoin; eBay will integrate Bitcoin rewards

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2020-11-27 08:04 (UTC+8)

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OKEx exchange has officially opened for withdrawals.

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OKEx exchange has officially opened for withdrawals.

headlines

The top four free apps in the financial category of the App Store in the United States all support or plan to support Bitcoin

Data from Qimai shows that Cash, PayPal, Venmo, and Robinhood, which are currently the top four free apps in the Finance category of the App Store in the United States, have supported or plan to support users to buy Bitcoin.

eBay to Integrate Bitcoin Rewards Feature

Online auction platform eBay is partnering with cryptocurrency-centric shopping app Lolli to integrate bitcoin rewards for its 127 million users. It is reported that the feature will be launched before Black Friday and Cyber Monday, and users can earn 1% bitcoin rewards when shopping on eBay.

Stani Kulechov, the founder of Aave, announced on Twitter that Chainlink provides price feeds for Aave. The picture provided by him shows that the price of DAI is $1.3, witnessing the security of the platform today. According to previous reports, affected by the sharp fluctuations in the market, DeBank data shows that the liquidation volume of Compound has exceeded 90 million US dollars within 24 hours.

digital currency

Data: 499,000 addresses purchased 6.43 million ETH in the range of $531~547

On November 26, the encryption analysis company IntoTheBlock tweeted that after breaking through the $600 mark, Ethereum is currently facing strong selling pressure. The indicators show that between $531 and $547, 499,000 addresses purchased a total of 6.43 million ETH, and the support in this range is the most stable.

Yearn.Finance core developer: Curve reward distribution has been successfully connected to yveCRV

Yearn.Finance core developer banteg tweeted that the StrategyProxy has been updated, and the Curve reward distribution has been successfully connected to yveCRV.

Data: After OKEx opened the withdrawal, the encrypted assets mainly flowed to Huobi and Binance

According to data from CoinHolmes, as of 17:30 pm on November 26, a total of 90,744.549 ETH and 67,482,182.814 USDT have flowed out from the OKEx exchange, and the encrypted assets mainly flow to exchanges such as Huobi, Binance, and Bitfinex. It is reported that the OKEx exchange has officially opened for withdrawal at 4:00 pm today.
On November 26, the People's Court of Xuhui District made the first-instance judgment: Wen Bote was sentenced to three years and three months in prison for copyright infringement and fined RMB 1 million. According to media reports, station D previously raised USD 2.15 million through the IEO of the gate exchange and issued the digital currency dili. The current price is USD 0.00012, which is 91% lower than the issue price.

Yearn and Cream partner to launch Cream v2, focusing on core lending and leveraged products

YFI founder Andre Cronje posted that Yearn and Cream developers have cooperated to launch Cream v2. The release of version 2 will focus on core lending and leveraged products.

Coinbase clarifies corporate discrimination: will continue to shape diverse corporate culture

In response to the negative report on Coinbase that The New York Times plans to publish in the next few days, Coinbase stated that the New York Times may quote three former Coinbase employees and a former contract worker, or imply false reports that black employees of Coinbase are discriminated against, It will even be mentioned that many black employees and contractors have also filed complaints at Coinbase, but in fact only three people have filed complaints during their tenure at Coinbase, one of which was through internal investigations, and the other two were investigated by independent third parties. No wrongdoing was found in .

Amazon AWS services experienced hours of interruption, Coinbase and other websites were affected

Amazon AWS services experienced several hours of interruption. At 6:25 Beijing time on November 26, Amazon stated that it may take several hours for a full recovery. Many sites, such as Coinbase, reported problems with Amazon's services to users.

Coinbase Joins Multiple Crypto Firms in Concern over Proposed Non-Custodial Crypto Wallet Regulations

On November 26, Brian Armstrong, CEO of Coinbase, tweeted his concerns about the rumors he heard that US Treasury Secretary Steven Mnuchin was planning to enact new regulations on non-custodial encrypted wallets before his term expires, and pointed out that he had discussed with Domino last week. Cryptocurrency companies and investors have written a letter to the Ministry of Finance to clarify this point.

Dash passed the new budget cycle proposal, which will pay 5311.95 DASH in two days

Dash officially tweeted and announced that a Dash budget cycle proposal has been successfully passed, and 5311.95 DASH will be paid to all relevant parties who voted in the DAO project within 2 days.

Residents of Russia's Abkhaz Province Boycott Crypto Mining Activities

Residents of the Russian province of Abkhazia have spontaneously resisted crypto mining activities without informing law enforcement authorities. Residents closed all mines and staged rallies, which could happen in other villages and other cities.

On November 26th, a PayPal user revealed that the global online payment giant PayPal had temporarily banned his account. The system allegedly flagged the user's account as thinking he had sold $10,000 worth of merchandise in a week. Subsequently, the user stated that the transactions were actually related to cryptocurrencies. After reviewing the user's activity, PayPal permanently banned the account.

Blockchain industry

Guangdong Hengqin implements blockchain-based equity transfer tax-related business

Recently, the tax department of Hengqin New District innovatively applied "blockchain + taxation" to realize the "full process of online handling" of personal equity transfer tax-related business. Since the implementation of the whole process, Hengqin has completed 196 personal equity transfer tax-related business transactions online, and won Well received by taxpayers.

The Ministry of Foreign Exchange Administration of Beijing vigorously promotes the pilot project of cross-border financial blockchain service platform

On November 26, the Beijing Ministry of Foreign Exchange Administration announced that it will launch a pilot project in the Beijing area to facilitate the verification of the authenticity of capital account income payments on cross-border financial blockchain platforms.

US judge rejects motion to freeze Cred's crypto assets in bankruptcy case

U.S. Bankruptcy Judge John Dorsey has rejected an emergency motion from 15 clients of crypto lending platform Cred to freeze crypto assets held by the exchange in Chapter 11 bankruptcy proceedings. Dorsey said he cannot act on the motion without evidence regarding the status and ownership of the crypto assets in question.

Korean Police Arrest South Korean Man for Crypto Fraud

The Intelligence and Crime Investigation Division of the Jeonbuk Local Police Agency in South Korea announced the arrest of a Korean man in his 20s known as "Mr. A" for encryption fraud and sent him to the prosecution for prosecution.

On November 25, the Nanning Human Resources and Social Security Bureau and financial institutions officially released the personal version of the "Social Security Quick Loan" financial service based on blockchain technology. It is understood that Nanning City took the lead in building a "blockchain + human society" application platform in January this year and launched a number of applications, among which "blockchain + human society credit authorization" attracted attention.

Investment and Financing

Korea's KB Kookmin Bank entered the digital asset market through a strategic investment in the joint venture digital asset management company KODA

Ethereum Ecosystem Support Program Provides $2.4M in Q3 Grants

According to the Ethereum blog, the Ethereum Ecosystem Support Program (ESP) team has released an update for the third quarter of 2020. In the third quarter, the program provided a total of US$2.4 million in funding for BlockchainsForSchools, Hubble, Zkopru (zk-optimistic-rollup), DarkForest and other teams.

Galaxy Digital Bitcoin Fund Has Raised Nearly $59 Million

Galaxy Digital’s Bitcoin Fund has raised $58.7 million as institutional cash flows in. According to the Form D filed with the SEC, Galaxy Institutional Bitcoin Fund LP raised $55.1 million, while Galaxy Bitcoin Fund LP raised $3.6 million.

Payments giant Square said it would buy Credit Karma's tax business for $50 million and integrate it into Cash App. Cash App is the main hub for selling Bitcoin.

global policy

Russian Prime Minister: Will Guide the Encryption Market to "Civilization"

Russian Prime Minister Mikhail Mishustin said on Thursday that the Russian government intends to guide the development of cryptocurrencies in Russia "on the path of civilization" so that their owners can protect their rights.

State Administration of Radio and Television: Strengthen the comprehensive application of blockchain and other technologies in all links of the entire radio and television media

The State Administration of Radio and Television issued a notice on "Opinions on Accelerating the Deep Integration and Development of Radio and Television Media". The notice proposes to strengthen the comprehensive application of 5G, 4K/8K, big data, cloud computing, Internet of Things, blockchain, artificial intelligence, etc. in all links of the whole process, and seize the strategic high ground in the all-media era.

Biden is considering naming former Goldman Sachs executive and former Commodity Futures Trading Commission (CFTC) chairman Gary Gensler as deputy Treasury secretary. Gensler is currently leading Biden's financial policy transition team. It is reported that Gensler is familiar with the wide application of encryption technology.