| Avalanche Protocol AVA public offering postponed until July 15; Dogecoin is suspected to be due to TikTok video skyrocketing, the official reminds traders to judge rationally

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Avalanche Protocol AVA said its technical partner Tokensoft was attacked, and the public sale was postponed to July 15

Avalanche Protocol AVA said its technical partner Tokensoft was attacked, and the public sale was postponed to July 15
It is reported that after the original public offering time started, AVA’s public offering page has been unable to be opened. The official said that there were a large number of participants and the server stopped running.[

digital currency

It is reported that after the original public offering time started, AVA’s public offering page has been unable to be opened. The official said that there were a large number of participants and the server stopped running.

digital currency

Dogecoin (Dogecoin) is suspected to be due to TikTok video skyrocketing, the official reminds traders to judge rationally

Dogecoin (Dogecoin) official Twitter warned traders not to engage in speculative activities: "Please make the right choice and don't be influenced or manipulated by other people's FOMO. Be safe. Be smart." Previous news, due to the short video platform TikTok After the previous Dogecoin challenge video went viral, Dogecoin’s price was at $0.042 at press time, its highest price since October 2018, after a 50% increase in 24 hours. (Cointelegraph)
Orion Protocol’s first public offering will distribute $30,000 in ORN tokens to ERD holders

ORN officials will rank users' ERD "holding coefficient" and divide them into 10 levels. The top 10% users will get 10 votes, the next 10% users will get 9 votes, and so on. The last user will get 1 vote.

Skew data: Short-term Bitcoin options quickly pulled back this week

Encrypted data provider Skew tweeted that this week, short-term Bitcoin options quickly pulled back.

Skew data: Short-term Bitcoin options quickly pulled back this week

Encrypted data provider Skew tweeted that this week, short-term Bitcoin options quickly pulled back.

Webster Rating: Frauds will also appear in the DeFi market, and developers need to consider countermeasures

On July 8, Weiss Ratings, a cryptocurrency rating agency, tweeted that due to Uniswap’s loose currency listing strategy, dozens of counterfeit currencies appeared in the market. Previously there were ICOs in the market and scammers abused them. Now that the market has DeFi, the same thing will happen. This forces developers to consider countermeasures, making the field more robust.

Data: Stablecoin Supply Is at a Record Low, Showing Its Purchasing Power Over Bitcoin

Blockchain industry

Stablecoins have performed well since last year and 2020. As of May this year, the total market capitalization of stablecoins surpassed $10 billion and has been growing ever since. Glassnode data shows that the purchasing power of stablecoins against Bitcoin has also increased when the supply ratio (Supply Ratio) has reached a record low. The Stablecoin Supply Ratio (SSR) is simply the circulating supply of stablecoins relative to Bitcoin. This depends on the price of Bitcoin and the total supply of stablecoins. When the SSR falls, stablecoins gain greater purchasing power than Bitcoin. (Zycrypto)

Inspur Group and Chongqing Nongdan Group will cooperate in fields such as blockchain technology traceability of agricultural products

The Central Bank’s Digital Currency Research Institute and Didi reached a strategic cooperation to explore the application of digital currency smart travel scenarios

On July 7, Inspur Group and Chongqing Agricultural Financing Guarantee Group Co., Ltd. (referred to as "Nongdan Group") signed a comprehensive strategic cooperation agreement in Chongqing. , Industrial Internet and other fields have reached a package of in-depth cooperation. It is reported that the two parties will cooperate in the fields of blockchain technology in the traceability of agricultural products, the establishment of agricultural product quality systems, the support of agricultural product brand transformation, and the creation and operation of local characteristic brands such as Chongqing’s agricultural regional public brands, and jointly promote the digital management of agricultural product brands. Transformation and development of digital operation and digital marketing. (Hualong.com - New Chongqing Client)

A few days ago, the Central Bank's Digital Currency Research Institute and Didi Chuxing formally reached a strategic cooperation agreement to jointly research and explore the scenario innovation and application of digital renminbi in the field of smart travel. The two parties expect to establish a cooperative relationship to promote the platform ecological construction of digital renminbi in diversified travel scenarios. (Beijing Business Daily)

According to a Caixin report on July 8, Didi, Meituan Dianping and Bilibili (Bilibili) have all cooperated with a number of banks involved in digital currency projects. Among them, Meituan Dianping may try to expand usage scenarios such as Meituan bicycles, while the cooperation between Bilibili and participating banks has entered the stage of technology development. In addition, companies such as ByteDance are also discussing the possibility of cooperation with banks.

Caixin: In addition to Didi, Meituan and Bilibili have also cooperated with banks participating in the central bank’s digital currency project

Investment and Financing

According to news from Beijing Business Daily on July 8, a few days ago, the Digital Currency Research Institute of the Central Bank and Didi Chuxing formally reached a strategic cooperation agreement to jointly research and explore the scene innovation and application of digital RMB in the field of smart travel. The two parties expect to establish a cooperative relationship to promote the platform ecological construction of digital renminbi in diversified travel scenarios.

Investment and Financing

ZkSystems completes 3 million euros in seed round financing led by FinLab AG and EOS VC

ZkSystems completes 3 million euros in seed round financing led by FinLab AG and EOS VC

ZkSystems, a German company with a scalable blockchain protocol customized for the Industrial Internet of Things, announced the completion of a seven-figure seed round (Business Insider reported that the specific figure was 3 million euros) financing, led by FinLab AG and EOS VC, Brandenburg Kapital, EnjoyVenture, and seed+speed participated in the investment.

global policy

ZkSystems, a German company with a scalable blockchain protocol customized for the Industrial Internet of Things, announced the completion of a seven-figure seed round (Business Insider reported that the specific figure was 3 million euros) financing, led by FinLab AG and EOS VC, Brandenburg Kapital, EnjoyVenture, and seed+speed participated in the investment.

global policy

Malaysian Securities Commission: Unauthorized operation of encrypted ATMs is illegal

Central Bank of Sri Lanka Launches Proof of Concept for Blockchain-Based KYC Platform

Character·Voice

Central Bank of Sri Lanka Launches Proof of Concept for Blockchain-Based KYC Platform

The central bank of Sri Lanka has started developing a proof-of-concept (POC) for its blockchain-based KYC system. To this end, the central bank has reached cooperation with various parties, including local bank Sampath Bank, the University of Colombo's School of Computing, Sweden-based blockchain startup Norbloc AB, and local technology companies Yaala Labs and Linearsix to jointly develop the POC. The project plans to allow the banking sector and the government to share and update bank customer data in real time on the blockchain, aiming to improve the country's digital financial infrastructure. Central bank governor WD Lakshman said assessing the viability of blockchain for a shared KYC system could "significantly" improve digital financial inclusion in Sri Lanka. (The Block)

Deputy District Chief of the People's Government of Yuzhong District, Chongqing: Yuzhong District is gradually strengthening the blockchain's empowerment in the real economy

On July 8, the 2020 Online Intelligence Expo Blockchain Application Innovation Competition was officially launched. Qiao Hong, deputy head of the Yuzhong District People's Government of Chongqing, said in his speech: "Blockchain, as a cutting-edge new technology in the era of digital economy, is leading a new round of global technological change and industrialization with its disruptive value in changes in production relations. Change. Yuzhong District actively responded to the call of the Municipal Party Committee and the Municipal Government, fully embraced the blockchain industry, integrated resources, and vigorously promoted the local implementation of blockchain technology and industries. In recent years, Yuzhong District has been accelerating the promotion of blockchain enterprises to attract investment and At the same time as the industry develops, it is gradually strengthening the empowerment of blockchain in the real economy, focusing on promoting the pilot demonstration of blockchain technology application scenarios, and has successively signed contracts with companies such as Inspur Cloud Chain to build "blockchain + social governance", "district Blockchain + quality improvement" and other service pilots to create a new model of blockchain + application."

CFTC Chairman: Waiting for the SEC to determine the securities attributes of digital assets to allow more digital asset futures