| New York State Attorney General's Office asks Bitfinex to disclose Tether transaction documents; Bitcoin computing power rises to 6-month high

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Editor | Lu Xiaoming
Produced by Odaily
headlines
New York State Attorney General's Office Asks Bitfinex to Disclose Tether Transaction Documents
digital currency
digital currency
According to Xunhuobi market, BTC has broken through 5800 USDT and is now at 5826.25 USDT, an increase of 3.23% today.
Data shows: Bitcoin hash rate rises to 6-month high
As the spot price of BTC continues to rise, Blockchain.com data shows that the computing power of the Bitcoin network once exceeded 58EH/s, reaching the highest level since late October 2018, and it is also the fourth highest recorded by the Bitcoin network. (Bitcoinist)
Weekly Local Bitcoin Trading Volume in Venezuela Has Dropped Nearly 50% Since February, Data Shows
Blockchain application
Blockchain application
IBM Uses Blockchain Technology to Help the Netherlands Tackle Bicycle Theft
Investment and Financing
Investment and Financing
global policy
global policy
Sir Geoffrey Vos, President of the British High Court, said in a recent speech that there is no end-to-end smart legal contract in financial services or any other field, and attributed this problem to the lack of trust of mainstream investors, because cryptocurrencies and The use of crypto assets is fraught with legal uncertainty. He also said that it first needs to be determined whether a crypto asset is property under UK law. If not, a quick and easy path to legislation needs to be considered. In addition, he also called on the British legal profession to establish a foundation as soon as possible, because trillions of smart legal contracts are expected to be issued every year. (AMBcrypto)
Central Bank of Myanmar warns against trading and use of digital currencies
Character·Voice
Character·Voice
Buffett: Bitcoin Is a 'Gambling', Many Frauds Are Linked to It
Buffett's aversion to Bitcoin has escalated yet again. "It's a gambling thing, there's a lot of fraud associated with it. Bitcoin doesn't generate any value," Buffett told a group of reporters ahead of Buffett's shareholder meeting, adding, "It doesn't do anything. It's just there. .It's like seashells or something, it's not an investment for me." (Financial Associated Press)
As the application of new technologies such as cloud computing and blockchain in the financial field has been widely discussed, regulatory technology (RegTech) has also received attention from various countries. Hu Bin, deputy director of the Institute of Finance and Economics of the Chinese Academy of Social Sciences and deputy director of the National Finance and Development Laboratory, said in an interview how China is currently developing regulatory technology. He said that regulatory technology requires systematic planning. First, we must pay attention to changes in financial regulatory concepts. Second, the introduction of new mechanisms such as regulatory technology is crucial. (China Business News)
Zhao Dong released the official answers to several questions about Bitfinex IEO: 1. How long will LEO be listed after the IEO is over? Reply: Regarding the listing of LEO soon after the end of the Bitfinex IEO, the goal of iFinex & Bitfinex is to launch LEO about a week after the end of the IEO. 2. There are only 6 days until May 10th. Are you sure this is the final time? Reply: At present, iFinex arranges all relevant plans according to this point in time. 3. Does the Bitfinex team hold a certain percentage of LEO? If yes, how much? Reply: The Bitfinex team does not hold LEO, all are allocated to investors. According to the previous news, Zhao Dong said that the name of Bitfinex Token is LEO, and disclosed the key information of the white paper including the way of token destruction.


