| BTC breaks record high and appears on Weibo hot search; Ethereum 2.0 starts creation today

黄雪姣

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2020-12-01 08:44 (UTC+8)

This article is about 2801 words, reading the full article takes about 5 minutes

Can you pull a plate today to celebrate?

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Can you pull a plate today to celebrate?

headlines

BTC breaks $19,800, hits new all-time high

At 23:13 yesterday evening, BTC broke through 19,800 USDT, and the highest reported was 19,888 USDT. The prices of OKEx and Binance both hit a record high in the 12 years since the birth of Bitcoin, surpassing the previous high set on December 17, 2017. Ten minutes later, data from Sina Weibo showed that "Bitcoin reached a record high" ranked 43rd on Weibo's hot search list.

According to data from OKLink, on November 24, the Ethereum 2.0 deposit contract address has received 524,288 ETH, meeting the minimum requirements for starting the Ethereum 2.0 creation block. It is expected that the creation block will be completed seven days after the minimum requirements are met. , that is, it will be officially launched at 12:00 on December 1, UTC time.

digital currency

YFI Founder: Yearn and Akropolis have reached a cooperation, and Akropolis can use Yearn, Pickle and Cream products

YFI founder Andre Cronje said that Yearn and Akropolis have reached a cooperation, and Yearn will continue to develop first-class Vault and lending protocol solutions. Akropolis became a front office service provider, providing customized client network access services and tailor-made investment strategies for clients. Synergy: Akropolis and Yearn combine development resources; Akropolis and Yearn TVL increases; Akropolis has access to Yearn, Pickle and Cream products and can integrate its DCA solution with these products; Yearn has access to new investment strategies developed by Akropolis; Yearn acquires Akropolis business development expertise and the support of a network of institutional clients.

Filecoin: The storage capacity of the entire network has exceeded 1EB, the number of developers has reached 4,800, and 200+ new projects have joined the Filecoin ecosystem
On November 24, Filecoin's official blog announced that the storage capacity of Filecoin's entire network has exceeded the 1EB level. This means that Filecoin can theoretically store 290 million 1080p movies, or 685,000 years of continuous video calls, or 19 copies of the entire Internet archive.

Saffron Finance's 50 million DAI deposits were locked due to a contract loophole

Saffron Finance, a DeFi asset mortgage platform, announced that the 50 million DAI deposit deposited in Epoch 1 was locked for 8 weeks due to a contract loophole that caused an Epoch 1 redemption error. The team is currently working on an emergency fix to resolve this issue and will transition to Epoch 2.

The founder of YFI announced the new plan after the launch of v2, involving customized currency markets, etc.

On November 30, Andre Cronje, founder of yearn.finance (YFI), tweeted that there are still many plans when v2 is launched, such as customizing the money market (yield and insurance), Cream will become Aave’s loan reserve, Cover (DeFi insurance Project Cover Protocol) will involve all aTokens and can eventually put ytrade, yleverage and leveraged stablecoins into production.

The highest increase of wCRES is nearly 300% within two hours of its launch

The decentralized exchange DODOEx has launched the Swiss compliance project CrescoFin’s token trading pair wCRES/USDT, which has started trading at 17:00 on November 30, 2020, Beijing time. The initial price is 1 USDT, and the highest price is 3.97 USDT within two hours of launch. The highest increase was nearly 300%. CrescoFin is a fully compliant blockchain financial company regulated by Switzerland, offering fully insured savings accounts with higher interest rates than bank deposits. CrescoFin will then cooperate with AAVE to develop the on-chain lending market and introduce institutional users.

Cover Protocol has launched the open source algorithm stable currency project Basis Cash coverag

Cover Protocol tweeted that it has launched the Basis Cash coverag, an open-source algorithmic stablecoin project, using yDAI as collateral.

Coinbase Says BTC Withdrawals Are Delayed Due to Network Congestion
On December 1, the cryptocurrency exchange Coinbase issued an official report stating that due to the congestion of the Bitcoin network, the exchange is currently experiencing delays in processing BTC withdrawals. Deposits, buy and sell transactions were not affected, the exchange said.

It is reported that Coinbase has encountered many problems during this year's busy trading period, mainly downtime, the most recent one was on November 26.

Prysmatic Labs, the Ethereum 2.0 client implementation team, releases Prysm v1.0.2
Prysmatic Labs, the Ethereum 2.0 client implementation team, tweeted that Prysm v1.0.2 has been released. This is a minor patch before Genesis, which includes the following two fixes:
- Optimization of backtracking period for initial sync;
The official recommendation is to update to this version before Ethereum 2.0 starts Genesis.

Blockchain industry

Canaan Technology announced its financial report for the third quarter, with a total revenue of 163 million yuan
On November 30, Beijing time, Canaan Technology (NASDAQ:CAN) announced its financial report for the third quarter of 2020 as of September 30, with total revenue for the quarter of 163 million yuan. Relying on the core technology of chip design, the company has made steady progress in the two major business segments of bitcoin mining machines and AI. The total revenue in the third quarter was 163 million yuan (about 24 million U.S. dollars), a decrease of 8.5% from the second quarter. The total computing power sold in the third quarter was 2.9 million Thash/s, an increase of 13.4% from the second quarter. In the third quarter, research and development expenses were RMB 32.1 million, an increase of 23.2% from the second quarter. The gross loss in the third quarter was 17 million yuan, and the gross profit in the second quarter of 2020 was 43.3 million yuan. Total operating expenses in the third quarter fell by 4.4% year-on-year.

According to the Flush Market, the stock price of Canaan Technology has increased by about 4 times in the past two months, from less than 2 US dollars to 7.26 US dollars.

On November 30, the Blockchain Service Network (BSN) officially announced that the cross-chain protocol Polkadot, the cloud computing startup Oasis and the public chain project Bityuan have now been integrated into its international version.

global policy

Biden names former Fed chair Janet Yellen as Treasury secretary
It is reported that Yellen has always been skeptical of Bitcoin, calling Bitcoin a "highly speculative asset" in 2017. Although she has publicly stated in the past that she is not a big fan of Bitcoin, she believes that U.S. financial regulators should allow the development of blockchain and cryptocurrency projects, saying in 2015 that the Federal Reserve and other regulators may have "a stronghold" on the digital currency system. limited access". It's unclear how Yellen now views cryptocurrencies.