| Binance cooperates with LibraCredit, users can obtain cryptocurrency loans; Zhao Changpeng said that most of the "voting manipulation" is driven by investors or the community; wave field launched a new project Atlas

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Recently, cryptocurrency trading giant Binance has established a partnership with distributed global lending platform Libra Credit, which will enable BNB holders to obtain fiat and cryptocurrency loans with Binance BNB tokens as collateral.

digital currency

digital currency

South Korean exchange Bithumb is in crisis and may suspend real-name authentication services for virtual currency accounts

South Korean exchange Bithumb is in crisis and may suspend real-name authentication services for virtual currency accounts

Bithumb, a South Korean digital currency exchange, may suspend the real-name authentication service for virtual currency accounts. The issuance of new accounts will stop on August 1. In the worst case, the real-name authentication service for accounts will not resume until September. According to industry sources, Nonghyup Bank of Korea and Bithumb have not yet renewed the contract for the real-name verification account. At the same time, Upbit has re-signed with IBK Korea SME Bank, and Coinone and Korbit have completed the re-signing with Nonghyup Bank of Korea and Shinhan Bank respectively. . The Korean Nonghyup Bank expects to sign a new contract with Bithumb soon. In the worst case, it may not renew the contract. In this case, Bithumb cannot perform account real-name authentication services, although it can operate through the so-called "cellular account" , but inconvenient for investors.

Satoshi Team Legend Martti Malmi Returns to Digital Currency Development

Satoshi team legend Martti Malmi is preparing to launch a new digital currency called AXE with the new team. The project combines Malmi's online reputation system with a decentralized database system called GUN to realize the long-term vision of a decentralized web.

Forbes analyst: due to lack of liquidity, the prices of 0x, Ethos and other currencies on Bithumb are high

Forbes analyst Joseph Young said on Twitter that people think that the apparently high prices of 0x and Ethos on the Korean exchange Bithumb are due to the "kimchi premium." In fact, Bithumb suspended its deposit and withdrawal business after being attacked in June, and it has not yet resumed. Lack of liquidity leads to high prices for these coins.

The "China Financial Risk and Stability Report 2018" jointly launched by the First Financial Research Institute and the National Finance and Development Laboratory evaluated and looked forward to digital (encrypted) currencies. In essence, Bitcoin is not a real currency. At present, Bitcoin does not have the qualifications to become an international reserve asset, and Bitcoin futures cannot become a real risk management tool. It is worth noting that central banks around the world are joining the digital currency experiment. The ideal central bank digital currency (Central Bank Digital Currency, CBDC) should have a new quality, so as to surpass the existing private digital currency and electronic currency.

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Blockchain application

Blockchain technology has been explored and applied in many fields in Xiongan

Blockchain application

In the process of building the Xiongan New Area, the China Xiongan Group launched the Xiongan blockchain fund management platform. In June of this year, the "blockchain-supply chain" subcontractor financing business was successfully implemented in the first phase of the flood interception canal in the Rongdong area of ​​Rongcheng, Xiong'an New District. Xiongan will also cooperate with BIM and CIM in blockchain.

TRON launched a new project Atlas, aiming to strengthen the existing mainnet structure

TRON launched a new project Atlas, aiming to strengthen the existing mainnet structure

TRON has launched the Atlas project, which aims to strengthen the structure of the existing main network. Justin Sun said that the project is related to BitTorrent (which has been acquired by Tron), and it is beneficial to the future development of both parties.

The Australian Government is funding the Sustainable Sugar Project with AUD 2.25 million to drive sustainability and traceability in the sugar industry. The Sustainable Sugar Project, led by the Queensland sugarcane growers organization (Canegrowers), is using blockchain technology to drive the Smartcane BMP. A spokesperson for Canegrowers said blockchain technology would provide provenance for products, increase market access, and provide greater value to growers and markets.

Recently, the Guizhou Branch of the Agricultural Bank of China issued the first 2 million yuan blockchain farmland mortgage loan in Meitan County, Zunyi City, to support the development of the local tea industry.

Character·Voice

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Character·Voice

BM: A CPU rental market will be created, allowing buying and selling licenses

This morning, BM responded to a user's question in the EOS Telegram group that "it is wrong to tokenize the two resources of RAM and CPU", saying that CPU can be leased and has not been tokenized. Then BM stated that it will create a rental market that allows the purchase or sale of CPUs that can be used within a 30-day authorization period. Then someone asked, why 30 days? In this regard, BM pointed out that you can renew the lease when it expires. Some people suggested that multi-period combinations could be considered for leasing. After seeing it, BM responded that 7 days might be a good consideration. At the same time, he added, both CPU and NET can be leased.

Xiao Lei: Token economy can refer to the design concept of the Federal Reserve

Recently, Xiao Lei said that the digital currency market, especially the popular "token economy", can refer to the design concept of the Federal Reserve. This design takes into account the public welfare (foundation), the incentive mechanism (token), and the sense of mission of the participants ( Community) and other systemic system designs. The independent, check and balance, market-oriented, and high-efficiency system design of the Federal Reserve makes it a basis for a virtuous circle.

Litecoin founder: Bitmain's explosive profit means miners' income shrinks

Litecoin founder Li Qiwei said on Twitter that Bitmain’s Q1 net profit in 2018 reached 1.1 billion US dollars, and the total value of all bitcoins in Q1 was 1.3 billion US dollars. Mining rewards either belong to miners or mining machine manufacturers, so If Bitmain makes so much money, there is not much left for the miners.

Dean of the Internet Finance Law Research Institute of China University of Political Science and Law: Blockchain applications can no longer follow the old path of Internet finance

Changpeng Zhao tweeted: Clearing up ballots is not an easy task. A lot of "vote rigging" is really investor/community driven, not the project core team.

global policy

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global policy

SEC Digital Currency Director: Digital Currency Industry Should Eliminate Mistrust of Government

Philippines’ Cagayan Special Economic Zone Expects $68M in Revenue from Cryptocurrency Authorization

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