| Bakkt is still "unable to determine the launch date"; LTC computing power is close to the highest level in history;

黄雪姣

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2019-04-01 08:25 (UTC+8)

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LTC halving market "rising" again?

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LTC halving market "rising" again?

headlines

Bakkt CEO: Unable to confirm launch date, work is progressing

On March 30, Bakkt CEO Kelly Loeffler released Bakkt's progress report and introduced its board members on the official blog. Additionally, Loeffler said Bakkt is "charting a new course" that will "require a lot of work." Finally, Loeffler said that while Bakkt has yet to confirm a launch date, progress is being made.

On March 30, the Cyberspace Administration of China released the announcement of the first batch of domestic blockchain information service filing numbers, and a total of 197 companies were on the list. In addition to giants or their subsidiaries such as Tencent, OneConnect, WeBank, iQiyi, JD.com, Baidu, Kingsoft Cloud, Ant Financial, Huada Genomics, and TAL, there are also Hash Future, Bubi, and VeChain. , Wanxiang and other blockchain project registration companies. Among them, the four cities with the largest number of filings are Beijing (63), Hangzhou (51), Shenzhen (37), and Shanghai (19). In addition, Odaily found that among the BATJs, JD.com has the largest number of filing services with four, Baidu has three, Tencent has two, and Ant Financial has one.

digital currency

"DragonEx will issue DB worth 7 million USDT to compensate users" compensation plan has been canceled

On March 31, some media reported that "DragonEx released a compensation plan for the theft: it will issue DB worth 7 million USDT to compensate users". Odaily asked DragonEx for confirmation, and DragonEx replied that "the plan has been cancelled." The new compensation plan will be released soon, and Odaily will continue to follow up on this matter.

The LTC hash rate continues to rise and is currently at 321.35TH/s, which is close to the all-time high of 342.88 TH/s in May 2018. The article analyzes that the growth of LTC hash rate may be related to the halving of LTC in August this year. As the halving date approaches, investors’ interest in LTC may rise significantly as they will try to put funds into the LTC market for potential gains.

Blockchain application

The amount of ICO financing in the first quarter of 2019 was only 118 million US dollars

According to data from TokenData, approximately US$118 million was raised through ICO in the first quarter of 2019, compared with US$6.9 billion raised in the same period last year, and the amount of ICO financing has shrunk significantly. The report believes that regulators’ supervision of non-compliant ICOs and the bear market in the past year have spooked investors.

On March 30, the NEM Foundation released the Catapult roadmap and vision. Some important actions disclosed in the roadmap and their time nodes include: 1. In the second quarter of 2019, the NEM Catapult test network for Cow will be launched to perform hardware wallet compatibility, block search and network link search. 2. In the third quarter of 2019, mobile wallets and desktop wallets will be launched; lightning network proof of concept (PoC) and BTC and ETH cross-chain transaction proof of concept will be carried out; POS+ consensus algorithm will be implemented. 3. From the end of the third quarter to the fourth quarter of 2019, the NEM Catapult mainnet will be launched, and the code will be 100% open source.

global policy

Media: Pakistan decides to introduce e-money institution regulations to manage digital currencies

According to a tribune report, on April 1, the federal government of Pakistan has decided to introduce Electronic Money Institutions (EMIs) regulations today to manage digital currencies. Sources in Pakistan's finance ministry said the regulations were based on recommendations in the FATF action plan. Pakistan is now implementing these recommendations and introducing e-money regulations. According to the regulation, digital currencies or cryptocurrencies will be regulated under the standard rules and regulations of financial institutions. The government will issue EMI licenses. The government will also be empowered to suspend or cancel EMI licenses that violate the regulations. The rules will help combat money laundering and terrorism financing, while also helping to regulate digital currencies nationwide, the sources said.

According to the official Weibo of Ping An Sanyuan, on March 31, the official Weibo of the Sanyuan County Public Security Bureau in Shaanxi Province announced the detection of a major electricity theft case: On February 15, 2019, the State Grid Shaanxi Power Supply Company Xi'an Yanliang Branch reported to me The criminal police brigade of the Bureau reported that an idle factory area in Zhaoqu Village, Duli Town, Sanyuan County was suspected of stealing millions of kilowatt-hours of electricity. After receiving the alarm, the police from the criminal police brigade rushed to the scene and found that the factory was empty. There were more than a thousand "bitcoin" mining machines, large transformers and other equipment in the workshop, which was suspected of stealing electricity. On March 1, the police successfully arrested Zhang Moucai in Liquan County. After that, the police used various investigative measures and successively arrested several suspects. After investigation, until the case was discovered, the criminal gang had stolen more than 2 million kilowatt-hours of electricity, and the amount involved was more than one million yuan.