| Nasdaq launched the "Market Service Platform"; Polkadot will open the DOT transfer function in mid-August

headlines

Nasdaq Launches 'Market Services Platform' to Help Clients Manage Digital Assets

Nasdaq Launches 'Market Services Platform' to Help Clients Manage Digital Assets
secondary title

digital currency

PolkaWorld: Polkadot will remove Sudo two weeks later, and it is expected to open the DOT transfer function in mid-August

PolkaWorld: Polkadot will remove Sudo two weeks later, and it is expected to open the DOT transfer function in mid-August
On June 26, Gavin Wood responded to a netizen’s question in Riot, “The next stage will be to introduce governance and cancel W3F’s Sudo permissions. I hope it will proceed as originally planned in 2 weeks.”

PolkaWorld interpreted that the transfer time that everyone is most concerned about, after removing Sudo, all functions and changes will be carried out through on-chain governance. Theoretically, for a proposal to be implemented in Polkadot, it takes 28 days for a referendum and 30 days for execution. But for urgent proposals, after the council agrees, the technical committee can speed up the implementation time, and the 28+30 time will be accelerated to 28 days, so the transfer of DOT will also need to be 28 days after Sudo is removed at the earliest. If two weeks later If Sudo is removed, PolkaWorld estimates that the DOT transfer time will be in mid-August.

Crypto.com Coin (CRO) Ranks Tenth Largest Cryptocurrency
Markets show that Crypto.com Coin (CRO) ranks among the tenth largest cryptocurrencies with a market capitalization of $2.031 billion, surpassing ADA. CRO is currently trading at $0.1149, an increase of 2.48% in 24 hours.

MakerDAO Adds KNC and ZRX as Dai Collateral

MakerDAO Adds KNC and ZRX as Dai Collateral
MakerDAO added KNC and ZRX as collateral for Dai through an executive vote. Users can open the Maker vault through Oasis.app to mortgage KNC and ZRX to generate Dai.

Millions of Telegram accounts leaked, but most are outdated

Millions of Telegram accounts leaked, but most are outdated

A new proposal from Compound community members proposes to modify the market distribution mechanism of COMP

A new proposal from Compound community members proposes to modify the market distribution mechanism of COMP

Compound community members released a patch proposal for the COMP allocation mechanism to remove the weight of the COMP borrowing rate in affecting COMP allocation and reduce the risk of griefing. According to reports, this patch is a simple protocol upgrade, focusing on solving two problems in COMP distribution: 1) Users may temporarily reduce cross-market COMP distribution by using "flash loans", and externally owned accounts are required after the upgrade ( Instead of smart contracts) to refresh the allocation of each market; 2) Users always want to farm in the market that can pay the maximum interest. After the upgrade, the distribution speed will be determined according to the market loan scale. The second point directly involves the distribution of COMP. Before, COMP was rewarded according to how much interest was paid in each lending market. After the upgrade, COMP is distributed according to how much USD was borrowed in each market. The motivation to push extreme interest rate levels and eliminate the motivation of users to gather in a single market (BAT). The Compound community believes that the lending rate should be restored to a normal balance according to the natural borrowing demand. Each market configures COMP according to the borrowing demand, and then follows the previous setting It is agreed to divide this COMP fund equally between asset providers and borrowers. The patch is currently under discussion (1083 up votes, 0 down votes) and in development, reviewed by community members, and tested on Ethereum's Kovan and Ropsten testnets. Due to the limited scope of the updates, they have not been reviewed by professional auditors.

A large drug trafficking network was involved behind the arrest of Xiaoguo artist Cam's drug use, and the use of virtual currency for transactions has been destroyed. The Hongkou District police in Shanghai said that the suspected drug dealer who provided Cam with drugs was related to the huge drug trafficking network that was destroyed in 2019. This drug trafficking gang does not accept cash transfers, and the next family will provide drug money to the previous family by purchasing virtual currency. According to the real-time value of the virtual currency, the upper family reconciles the drug funds into the virtual currency value, and the lower family needs to purchase the corresponding amount of virtual currency on the trading website, and then transfer the virtual currency number, password and other information to the upper family to complete the drug transaction .

Blockchain industry

The first health chain platform in Hunan Province goes online

The first health chain platform in Hunan Province was launched in Xiangya Changde Hospital a few days ago. By following the official account of "Hunan Provincial Hospital Association", patients can inquire about the electronic examination checklists when visiting hospitals in various health chains, bringing a "new" experience to seeing a doctor. According to reports, the health chain is a new type of blockchain intelligent management system based on blockchain technology. It is different from the traditional query mode in the past. etc., making a new change to the collaborative operation management model on the chain. Patients can obtain their own medical data, inspection reports, etc. online, and at the same time set certain permissions through smart contracts, which can effectively protect user privacy.

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DeFi project DMM: DMG successfully completed the public offering, raising US$6.8 million within 48 hours

Investment and Financing

DeFi project DMM: DMG successfully completed the public offering, raising US$6.8 million within 48 hours

DeFi project DMM: DMG successfully completed the public offering, raising US$6.8 million within 48 hours
A total of 15.7 million DMG tokens were sold on two exchanges, the DMG Buy Portal and Mesa, split approximately 50/50. The sale price started at $0.36 and rose to around $0.56 over the course of two days. Since the token sale, the DMM Foundation has deposited $350,000 in liquidity (that is, $350,000 in DMG and $350,000 in ETH) to the DMG-ETH Uniswap exchange with proceeds from the sale, and plans to provide Added an equal amount of liquidity to support the DMG buying portal.

global policy

The Chongqing Municipal Government released a plan to create an innovative platform for key industries such as blockchain

Five Departments: Promoting the research and application of the blockchain-based global shipping service network platform

Five Departments: Promoting the research and application of the blockchain-based global shipping service network platform

General Office of the Ministry of Transport, General Office of the People's Government of Guangdong Province, General Office of the People's Government of Guangxi Zhuang Autonomous Region, General Office of the People's Government of Guizhou Province, and General Office of the People's Government of Yunnan Province: Promoting the construction of smart ports, smart waterways, smart ships and smart maritime affairs in Guangdong, Hong Kong and Macao . Accelerate the construction of smart port projects, promote the construction of digital waterways on the main line of the Xijiang River, promote the research and development and application demonstration of intelligent shipping in Guangdong, Hong Kong and Macao, promote the integrated application of information technologies such as Beidou navigation system, Internet of Things, cloud computing, and big data in the field of water transportation, and promote regional-based Research and application of block chain global shipping service network platform. The construction and completion of the comprehensive information service system expansion project of the Pearl River Water Transport.

Character·Voice

Changpeng Zhao: Binance completed the biggest upgrade so far, and the matching engine was switched and rewritten in a new programming language

Changpeng Zhao: Binance completed the biggest upgrade so far, and the matching engine was switched and rewritten in a new programming language
Zhao Changpeng tweeted that Binance has completed the biggest upgrade so far, switching the order matching engine to a new programming language, and rewriting all codes as needed, all aimed at improving performance and preparing for the next wave of encryption. He said that the order matching of the new version may be 10 times faster than the old version, and it can theoretically handle 100 times the transaction volume, but there are still some peripheral systems that are bottlenecks, but they will be resolved soon.