| MicroStrategy once again bought $50 million in BTC; Jingdong Mall accesses Suzhou digital RMB red envelope pilot

Azuma

Odaily资深作者

@azuma_eth

2020-12-07 08:05 (UTC+8)

This article is about 4230 words, reading the full article takes about 7 minutes

Changpeng Zhao said that in 2020, the net profit of Binance is expected to reach 800 million to 1 billion US dollars.

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Changpeng Zhao said that in 2020, the net profit of Binance is expected to reach 800 million to 1 billion US dollars.

headlines

Listed company MicroStrategy buys another $50 million in bitcoin

Michael Saylor, CEO of listed business intelligence company MicroStrategy, said on Twitter on the 5th that the company bought $50 million in bitcoin. He tweeted: “MicroStrategy has bought about 2,574 BTC for $50M at an average price of about $19,427 per BTC. We now hold about 40,824 BTC.”

JD.com became the first online scene to access digital RMB in the digital RMB red envelope pilot program

News Suzhou 20 million digital renminbi consumption red envelopes start an appointment, and those who win the lottery can make online consumption through JD.com. JD Digits stated that it supports citizens to use digital renminbi to pay when purchasing self-operated explosives on JD.com, and JD.com has also become the first online scene to access digital renminbi in the pilot. In addition, JD.com and Xiangcheng District of Suzhou City have jointly created a special digital RMB payment scenario. Citizens whose delivery address is in Xiangcheng District can choose the cash-on-delivery scenario for JD.com’s self-operated products and pay with digital RMB, and experience digital currency without leaving home. Convenient payment service in RMB.

In addition, compared with the red envelope pilot in Luohu District, Shenzhen, the Suzhou red envelope pilot is similar to Shenzhen in terms of the amount of a single red envelope and the application and collection path, and there are three important breakthroughs: including the expansion of participating banks from 4 to 6, "double The "offline" function will be launched for the first time, and the consumption scene will be expanded from offline merchants to online e-commerce.

Binance CEO Changpeng Zhao said in an interview that Binance’s net profit is expected to reach $800 million to $1 billion in 2020 as market uncertainty drives interest and transactions in cryptocurrencies. (Bloomberg)

digital currency

The TPS of Facebook’s encrypted stablecoin project Diem test network is only 6 transactions per second

Diem (formerly Libra), an encrypted stable currency project launched by Facebook, has had its test network running for 43 days. The latest data from the blockchain browser shows that the average performance of the Diem network can process 6 transactions per second. , the value is 24, compared to the TPS of Bitcoin and Ethereum networks between 4-13 transactions per second. The testnet will seek to scale throughput and evaluate network performance. There are a total of 31,184 addresses in the test network holding a total of nearly 10 trillion LBR tokens, and the address with the highest currency holdings holds 9.1 trillion LBR tokens. Diem is planning to launch a testnet to allow potential users, customers, and companies to try it out. According to previous news, the Libra Association plans to launch the organization's first dollar-backed stablecoin in January next year. (Crypto Briefing)

Tether has added as much market capitalization as all other stablecoins combined since September
Paolo Ardoino, chief technology officer of Tether and Bitfinex, tweeted that since September, Tether's increased market value is almost equivalent to the sum of the current market value of all other alternative stablecoins.

Data from the CoinGecko stablecoin page shows that the total market value of stablecoins exceeds $25.6 billion, and the total market value of stablecoins other than Tether exceeds $6 billion. Tether's market value exceeded $13.3 billion on September 1, and its current market value exceeds $19.6 billion, with an increased market value of nearly $6.3 billion.

Solana temporarily stopped producing blocks due to an unknown issue, and has now resumed

At 13:46 UTC on December 4th (21:46 Beijing time), due to an unknown problem, the Solana mainnet Beta cluster stopped producing blocks at slot 53,180,900, which prevented any new transactions from being confirmed. According to the official Medium post, the Solana team is actively working with the validator community to restart the network. Solana Blockchain Explorer confirms that no blocks are currently being produced. (CoinDesk)

Blockstack Stacks 2.0 Testnet Has Entered Final Phase Xenon

News Blockstack issued a document saying that with the upcoming main network, Xenon has now entered the final stage of the Stacks 2.0 test network. The key difference compared to the previous phase (Krypton) is that the Xenon testnet has been integrated with the main Bitcoin testnet, whereas in Krypton, the Bitcoin Regtest testnet is used. The latter is obviously a more predictable environment, fully under Blockstack's control, so running on the more volatile and unpredictable Bitcoin testnet will be a good litmus test before the mainnet launch.

DEX aggregator 1inch releases new features, supports private transactions, etc.

1inch, a DEX aggregator, released new features, including private transactions available to everyone (not supported by Metamask); avoiding transactions in advance (FRONT-RUNNING) and connecting to 10 Ethereum miners to broadcast user transactions directly to miners, thereby shortening transactions Digging time.

Kira liquidity incentives will be launched, rewarding 1 million KEX per month
The first phase of KIRA liquidity incentive will start at 4:00 PM (UTC) on December 6th for a period of 30 days. In the first phase of KIRA liquidity incentives, a total of 1 million KEX will be distributed to the KEX/ETH pool LP on Uniswap V2, and about 33333 KEX tokens will be distributed to Uniswap LP every day.

The ~$400,000 in liquidity that the team initially provided will not be part of the liquidity reward program, and the APY calculation for liquidity rewards is based on additional liquidity entering the pool above this base amount. In addition, the liquidity provided by the team to KEX/ETH Uniswap LP will be locked in the next six months.

An NFT of a racing car in the NFT racing game F1 Delta Time was auctioned for about $77,000

An NFT of the Apex digital car "Bahrain Edition 2020" from the NFT racing game F1 Delta Time was auctioned off for approximately $77,414. (Cryptocurrency News)

EthHub co-founder Eric Conner said on Twitter that according to the information disclosed by Yearn.Finance core developer banteg on Discord, yearn v2 vaults have been deployed.

Blockchain industry

Beijing and Shanghai subway QR codes use blockchain and other technical solutions to realize interconnection

Beginning on December 1, the QR codes of subways in Beijing and Shanghai will be interconnected. This move uses mature and stable technical solutions such as the Internet and blockchain and efficient coordination and organization to realize the integrated development of rail transit and ticket sharing between the two places. Interoperability plays a positive demonstration effect. It is reported that through technologies such as the Internet, big data, and blockchain, coupled with the principles of "no modification of equipment, localization of payment channels, localization of discounts, and guarantee of accounts and tickets" established by the two places through negotiation, the problem has been better solved. A series of problems such as data transmission and mutual recognition of equipment exist in interconnection. (Economic Daily)

As an in-depth partner in the construction of the smart court of Beijing No. National judicial information database networking, etc. (China Securities Journal)

Investment and Financing

Ripple sells $15 million worth of MoneyGram stock

Ripple Labs’ filings with the U.S. Securities and Exchange Commission (SEC) show that from November 27 to December 4, Ripple Labs successfully sold 2,264,113 shares of MoneyGram (MGI), worth approximately $15 million. It is reported that Ripple Labs has sold its large investment in MoneyGram (MoneyGram) in 2019. (Cointelegraph)

NFT e-sports game provider AnRKey X will conduct a public offering of ANRX tokens on DAO Maker on December 7th. This public offering uses the Refundable Strong Holder Offering (rSHO) or SHO method. The total supply of ANRX is 200 million, of which 5 million are used for SHO, and the issuance hard cap is 125,000 USD. It is reported that DAO Maker is a consulting agency and software provider that provides financing and other services for blockchain start-ups.

global policy

The U.S. Congress is closing in on approval of a multibillion-dollar defense spending authorization bill known as the National Defense Authorization Act (NDAA). According to the lawmaker’s statement, the bill will include several elements related to cryptocurrencies and blockchain. On December 3, Senator Mark Warner of Virginia issued a statement stating that the final text of the National Defense Authorization Act included parts of the ILLICIT CASH Act, such as "by updating the definition of 'coin and currency' to include digital currency, to ensure that the The current and future payment system is integrated into the financial system of anti-money laundering. The office of House Financial Services Committee Chairman Maxine Waters emphasized that the text of Rep. and the conduct of markets”. The previous House version of the National Defense Authorization Act would have required the Department of Defense to produce a report on the potential application of distributed ledger technology in the defense field. Removed from bill. (The Block)