| Reuters: Canaan’s IPO fundraising target is at least US$400 million; Buffett may inject US$356 million into India’s digital payment platform; Baidu Post Bar bans digital currency-related posts

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It is reported that the IPO financing target of Bitcoin mining machine manufacturer Canaan Zhizhi is at least US$400 million, which is less than the US$1 billion previously reported by many media. According to the forecast of Bernstein analysts, in the professional chip market last year, Bitmain accounted for 75% of the market share, and Jianan Zhizhi accounted for 14%.
digital currency
digital currency
Buffett may inject up to $356 million into Indian digital payment platform Paytm
Buffett's Berkshire Hathaway is in talks to invest about 20 billion to 25 billion rupees ($285 million to $356 million) in One97 Communications Ltd, the parent company of Indian digital payment platform Paytm, according to people familiar with the matter. It is reported that Berkshire is expected to get a 3%-4% stake in Paytm's parent company. If the deal goes through, it could be Buffett's first direct investment in India.
According to a report by Bitcoin on August 26, since the Central Bank of India prohibits banks from providing cryptocurrency business-related services, more and more traders tend to conduct "legal" cryptocurrency transactions in a P2P manner. Some Indian cryptocurrency exchanges have urgently built P2P platforms to realize "legal" transactions between cryptocurrency and fiat currency rupee.
Blockchain industry
Blockchain industry
Recently, the Commonwealth of the Bahamas is also piloting the issuance of blockchain-based national educational certificates, including certificates, degrees and diplomas. The pilot unit is the National Training Agency (NTA) of the Bahamas. At the end of June this year, NTA issued the first batch of Blockcerts to 78 trainees. The NTA has also released a mobile app for individuals to record each digital certificate they acquire, similar to a wallet that stores digital currency.
Baidu Tieba is banning digital currency-related Tieba
According to the China Times report on August 26, Baidu Tieba is banning digital currency-related post bars, such as digital currency bars and virtual currency bars, etc. According to reports, Baidu Tieba is the main gathering place for investors to communicate online in addition to WeChat groups. Previously, many potential investors sought investment advice in such Tieba. However, this type of Baidu post bar has gradually become a fertile ground for coin-issuing speculators to cultivate "leeks". Many coin-issuing projects publish promotional information in the post bar, and use third-party irrigation to post and other methods to attract potential investors.
South Korean TV to Launch Blockchain Reality Competition Show
secondary title
global policy
Iran’s National Digital Currency Draft Ready To Avoid U.S. Economic Sanctions
UK Government Announces Pilot Project for Digital Evidence Storage on Blockchain Platform
UK Government Announces Pilot Project for Digital Evidence Storage on Blockchain Platform
The UK government recently announced plans to conduct a pilot project for digital evidence storage on a blockchain platform. Balaji Anbil, director of digital architecture and cybersecurity at the UK Courts and Tribunals Service (HMCTS), part of the UK Ministry of Justice, said HMCTS' use of blockchain technology is an important component of the agency's court reform plans. part.
Malaysian Securities Commission Reviews Cryptocurrency LaVida
Malaysian Securities Commission Reviews Cryptocurrency LaVida
Thailand's Securities and Exchange Commission (SEC) said the regulator is reviewing six applications for ICO portals and expects to approve them in the fourth quarter of this year. In addition, 12 other portals have expressed interest but have not formally applied for a license, but at least one company has issued tokens without approval. Additionally, the SEC reiterated that no companies are currently licensed to issue new tokens, and will establish an ICO expert committee and SEC representatives in September to oversee ICO activity and the ICO portal.
Character · Voice
Character · Voice
At the "2018 Netease Economist Annual Conference Summer Forum", Wang Yongli, the former vice president of the Bank of China, said when talking about the blockchain, he said that it should not be excessively pursuing decentralization and disintermediation, but should be more of a distributed storage encryption of information , starting from the perspective of traceability and fidelity, there can still be a large number of applications. In addition, he believes that when looking at the blockchain, one should consider whether it can be implemented. "Find the real application scenarios. Things without application scenarios will be difficult to implement in the end. If they cannot be implemented, they will have no value." Looking at cryptocurrencies requires a more prudent grasp.


