| The number of tokens in the ETH 2.0 contract exceeded 5.9 million; Morgan Creek's new encryption fund raised $80 million (June 28)

Azuma

Odaily资深作者

@azuma_eth

2021-06-28 08:02 (UTC+8)

This article is about 6469 words, reading the full article takes about 10 minutes

The amount of ETH in the Ethereum 2.0 contract address has exceeded 5% of the total supply.

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The amount of ETH in the Ethereum 2.0 contract address has exceeded 5% of the total supply.

headlines

Ethereum 2.0 deposit contract address received more than 5.9 million ETH

OKLink data shows that Ethereum 2.0 deposit contract addresses have received more than 5.9 million ETH, accounting for 5.08% of the total supply of Ethereum.

Caixin: The domestic virtual currency is facing severe rectification, and the government is comprehensively tackling the chaos
Caixin published the latest editorial saying that domestic virtual currency chaos is facing unprecedented severe rectification, especially because the relevant departments of the central bank have recently interviewed some banks and payment institutions on the issue of providing services for virtual currency trading hype, which means that not only ICO ( Initial coin offering), over-the-counter transactions of virtual currencies such as Bitcoin will also be strictly investigated, and the Chinese government is comprehensively managing the chaos of virtual currencies.

Caixin said that this round of rectification is not sudden, and there is a clear context to be found. It is closely related to factors such as the deepening understanding of virtual currencies by decision-makers, the continuous exposure of risks contained in virtual currencies, the upgrading of financial risk prevention and control, and the low-carbon transformation of the economy and society. The Chinese government's attitude towards virtual currency is consistent and keeps pace with the times. Strict supervision and risk prevention have always been the main tone. From the release of the "Notice on Preventing Bitcoin Risks" in 2013, to the release of the "Announcement on Preventing Financing Risks of Token Issuance" in 2017, to the mid-May of this year, China Internet Finance Association, China Banking Association, and China Payment and Clearing Association The joint announcement reminds the risk of hype in virtual currency transactions, and the direction has not changed.

UK Financial Conduct Authority Issues Consumer Warning to Binance

According to the official website of the UK Financial Conduct Authority (FCA), Binance Markets Limited and Binance Group have been warned. The FCA said that none of the Binance Group entities held any form of UK authorization, registration or license to carry out regulated activities in the UK, and Binance Group appeared to offer a range of products and services to UK customers through the website Binance.com. The FCA stated that it is wary that advertisements on websites and social media about investments in encrypted assets or encrypted asset-related products are not authorized by the FCA.

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digital currency

Iran Has 30 Cryptocurrency Farms Authorized for Digital Currency Mining

To date, Iranian authorities have authorized 30 cryptocurrency mining farms to mine digital currencies. These cryptocurrency mining farms are spread across several regions, including one located in Tehran province, where the nation's capital is located. It is reported that Semnan province has the most licensed mines with a total of six, followed by Alborz province with four, followed by Mazandaran, East Azerbaijan and Zanjan provinces. (News.bitcoin)

There is no problem in the Ropsten stress test of the Ethereum testnet, or stress tests on other testnets

News Ethereum developer Tim Beiko updated the Ropsten stress test results of the Ethereum test network, and there is no problem. The following figure shows the change of baseFeePerGas over time. Tim Beiko introduced the chart and said that after Ropsten upgraded in London, the initial value was set to 1 gwei, the large peak value was the stress test, and the sending of spam was turned off later. In addition, Tim Beiko said that other testnets may be stress tested.

Over 10,000 smart contracts have been deployed on the Fantom blockchain network

10,576 smart contracts have been deployed on the Fantom blockchain network.

SushiSwap announced that the MISO platform IDO will be suspended for one week from tomorrow, and then the frequency will be reduced to 1-2 times a week

Aave has created a Snapshot that allows users to participate in governance

News Aave already has Snapshot space, allowing users to access it. Snapshot is a gas-free off-chain voting mechanism. Token holders can vote only by signing information in the wallet, thereby participating in governance without paying transaction fees. For example, the Aave Grants DAO can use Snapshots to allow the community to purchase larger grants, and then pay grantees directly from the grants multisig.

SushiSwap announced that the MISO platform IDO will be suspended for one week from tomorrow, and then the frequency will be reduced to 1-2 times a week

Official news, SushiSwap released a weekly report stating that some existing bugs on the MISO platform have affected the user experience, and decided to suspend MISO IDO for a week, that is, there will be no new IDO releases next week (June 28-July 5). After that, the IDO frequency will be reduced to 1-2 times a week. After MISO is basically stable, it will gradually move towards complete decentralization, where everyone can conduct IDO.

The community-led project Ethereum Eagle was officially launched. The team hopes to solve the problem of block Gas Limit (Gas Limit) in the Ethereum network by issuing the governance token EGL (Ethereum Gas Limit). Users who pledge ETH will be able to obtain EGL tokens for free. The agreement will set the gas limit of the block through PoS voting. At the same time, the mechanism of the project will encourage users to vote and distribute some tokens to the core development who guide the community. Note: At present, the block Gas Limit of the Ethereum network is not determined by the consensus of the agreement, but by the vote of the miners.

The first NFT of Andy Warhol's work sold for $2.8 million

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Blockchain industry

WENEW, a digital collectibles marketplace designed by Beeple (Mike Winkelmann), will start operating on the Polygon (MATIC) blockchain. It was reported yesterday that digital artist Beeple co-founded the NFT project WENEW. (U. Today)

WENEW, the NFT platform co-founded by Beeple, will launch on Polygon

Investment and Financing

Cross-border payment network and encrypted wallet Mercuryo completes $7.5 million in Series A financing, led by Target Global

Cross-border payment network Mercuryo announced the completion of a US$7.5 million Series A financing, led by Target Global, and a group of angel investors participated in the investment. The team says it plans to use the raised funds to launch a cryptocurrency debit card and continue to expand into new markets, such as Latin America and Asia Pacific. Mercuryo's products include multi-currency wallets with built-in cryptocurrency trading and digital asset purchase functions, as well as over-the-counter trading services. (Tech Crunch)

Silicon Valley venture capital firm a16z announced five new hires this week aimed at helping the firm prepare potential portfolios for regulatory compliance and crypto-native data science and research services. They are: Bill Hinman, former director of the Division of Corporate Finance at the SEC. Now joining a16z as an advisor; Tomicah Tillemann, former advisor to President Joe Biden, was a speechwriter for Hillary Clinton when Hillary was Secretary of State. Currently serving as Head of Global Policy at a16z; Brent McIntosh, former Undersecretary of the Treasury for International Affairs. Now joining a16z as an advisor; Rachael Horwitz, formerly in marketing and communications roles at Twitter, Google, Facebook and Coinbase, is Coinbase's first VP of Communications. Now joined a16z responsible for marketing and communication; Alex Price, co-founder of Qu Capital, a trading company. Now joined a16z as a consultant. (The Block)

global policy

Former Deputy Minister of Finance: Digital Currency Will Inspire Changes in the Whole Society

Regarding digital currency (digital renminbi), Zhu Guangyao, former vice minister of the Ministry of Finance, said, "Digital currency will stimulate changes in the entire society, and it is also a supplement to commercial platforms such as WeChat and Alipay. There is no relevant interest rate for digital currency, it is you It’s just an asset.” He said that in terms of data security, because now the data will be more concentrated in the central bank through digital currency, rather than commercial platforms such as Alipay and WeChat, which can better ensure the security of personal information.

CySEC Publishes New Registration Instructions for Cryptocurrency Providers to Comply with EU's AMLD5 Measures
The Cyprus Securities and Exchange Commission (CySEC) on Friday issued a directive on the registration and operating conditions of cryptocurrency-related service providers. The watchdog detailed a series of procedures to be followed to comply with the European Union's (EU) recent AMLD5 measures to combat money laundering and terrorism financing. The CySEC fee for registering these providers is EUR 10,000 and EUR 50,000 for renewal, pending the regulator’s application for authorization under the framework. Depending on the composition of the board, there should be at least four members—two executives and two non-executives. In addition, among the registration conditions, the company should comply with some requirements, such as good reputation, appropriate policies, systems and procedures, relevant security policies, remuneration requirements stipulated by CySEC, etc.

The 13-page document is expected to soon issue a policy statement from Cyprus' financial regulator clarifying other matters. In addition, there is a CySEC application file containing the latest regulatory requirements following the AMLD5 ruling. (Finance Magnates)

South Korea’s Democratic Party plans to prepare to pass a crypto bill as early as this October

An official with the Democratic Virtual Assets Task Force (Task Force) said the plan is to create a bill that reconciles differences after consultations with the party administration in late July to early August. The Democratic Party’s Virtual Assets Task Force is currently being asked to summarize and present the government’s position on the bill being introduced to the National Assembly. That is, the bill will be passed after coordinating the party's government in the plenary session of the National Assembly in October this year. The bill regulates price manipulation in the cryptocurrency market, prohibits the use of non-public information for transactions, and regulates operators' liability for damages and registration or authorization requirements in the event of accidents such as hacking attacks. The common denominator of the six bills related to virtual currency is that "no one should participate in market manipulation." But opinions differ on introducing an exchange registration or authorization system to protect cryptocurrency investors. (Yonhap News Agency)

Fed's Rosengren: Stablecoins a potential source of future financial stability risks

Fed Rosengren: Stablecoins are a potential source of future financial stability risks. Liquidity problems for money market funds are an important feature of financial crises, and some stablecoins have some of the same problems as major money market funds. It is a concern for financial stability that as stablecoins become a larger part of financial markets, they could spark a crisis in the future. Many stablecoins are actually not stable. There are strong synergies between a central bank digital currency and FedNow, a real-time payment system. There is still a lot of work to be done on central bank digital currencies, and great progress is being made. (Golden Ten)

Russian Central Bank Governor: Investing in Crypto Assets Is the Most Dangerous Investment Strategy

Investing in crypto assets is the most dangerous investment strategy, according to Elvira Nabiullina, head of the Central Bank of Russia. Central banks never give investment advice, but in this particular case, here (a person) should definitely not (invest). Bank deposits are one of the best conservative savings strategies. (Tass)

Governor of the Central Bank of Brazil: I hope to announce the specific time frame of the digital currency later this year

At a live event hosted by Brazil's banking association Febraban, Central Bank Governor Roberto Campos Neto said Brazil was making progress in research to launch a digital currency, but there were still challenges to overcome, including technology and the difficulty of ensuring global uniformity. The idea of a digital currency still raises more questions than answers, but he hopes to announce a more specific time frame later this year. (Reuters)

Economist of the Swiss National Bank: Blockchain is not suitable for CBDC, the Swiss National Bank currently has no plans to launch a digital franc

Carlos Lenz, chief economist at the Swiss National Bank, said that blockchain, the underlying technology for cryptocurrencies such as Bitcoin (BTC), is not the right solution for a central bank digital currency. Blockchain-based decentralized features are not efficient for state-controlled digital currencies like the digital franc. A decentralized solution is not ideal. The SNB currently has no plans to launch a digital franc. The existing payment system works well. The Swiss franc is also not at risk of being replaced by other currencies such as the euro. (Cointelegraph)

The Financial Secretary of Hong Kong, Chen Maobo, published a blog post stating that he will promote the deepening of research on the use of central bank digital currency (CBDC). In addition to continuing to trial CBDC at the cross-border trade payment level, in the next year, preparations will be made for the issuance of CBDC at the wholesale and retail level in Hong Kong, including research on the application of Hong Kong dollar digital currency at the local retail level, and continue to cooperate with the People's Bank of China, Conduct technical tests on the use of digital renminbi in Hong Kong to provide convenient cross-border payment services for mainland and Hong Kong residents. (Golden Ten)