| Blockchain industry anti-money laundering standards are about to be introduced; Stone Ridge announced that it has bought more than 10,000 BTC

headlines

headlines

Asset management giant Stone Ridge announced Tuesday that bitcoin has become the company's latest form of asset reserve. Stone Ridge said the company has purchased more than 10,000 bitcoins, or more than $115 million at current prices. New York Digital Investment Group (NYDIG), a subsidiary of Stone Ridge, is understood to have brokered the deal.

Asset management giant Stone Ridge announced that it has bought more than 10,000 BTC

Asset management giant Stone Ridge announced Tuesday that bitcoin has become the company's latest form of asset reserve. Stone Ridge said the company has purchased more than 10,000 bitcoins, or more than $115 million at current prices. New York Digital Investment Group (NYDIG), a subsidiary of Stone Ridge, is understood to have brokered the deal.

In its own announcement, NYDIG also revealed that the company has closed $50 million in growth equity funding, with investors including other asset managers, financial services firms and commercial banks. NYDIG currently has custody, asset management and financing balances totaling more than $1 billion. (The Block)

In its own announcement, NYDIG also revealed that the company has closed $50 million in growth equity funding, with investors including other asset managers, financial services firms and commercial banks. NYDIG currently has custody, asset management and financing balances totaling more than $1 billion. (The Block)

Ketuan Zhan resigned from the manager position of Beijing Bitmain, and Wu Jihan was added as the general manager
According to the Tianyancha App, Beijing Bitmain Technology Co., Ltd. underwent industrial and commercial changes on October 12. Ketuan Zhan resigned from the position of manager, and Wu Jihan was added as the general manager.
According to the public information of Tianyancha App, Beijing Bitmain Technology Co., Ltd. was established in October 2013. Since 2019, the company has undergone several industrial and commercial changes. On September 14, the company’s legal representative and executive director were changed by Zhan Ketuan For Wu Jihan. The latest key personnel information shows that Wu Jihan is the executive director and general manager of the company; Ge Yuesheng is the supervisor.

According to the interface report, since October 2019, the two major shareholders of Bitmain Technology Holdings, Wu Jihan and Zhan Ketuan, have never stopped fighting. No less, in May of this year, there was also a "Dangdang style" snatching of business licenses. (financial)

NEAR Protocol has transitioned to the second phase of the mainnet

digital currency

NEAR Protocol has transitioned to the second phase of the mainnet

The open web platform NEAR Protocol (NEAR) went live after releasing a six-month roadmap in May. NEAR Protocol co-founder Illia Polosukhin said that on October 13, following a network validator vote, the project successfully transitioned to the second phase of the mainnet. Now anyone can send or receive tokens, create an account, participate in verification, launch an application or otherwise use the network, the team said. The network, which previously operated under a restricted PoA model, is now operating under its own PoS consensus algorithm (CoinDesk)

The open web platform NEAR Protocol (NEAR) went live after releasing a six-month roadmap in May. NEAR Protocol co-founder Illia Polosukhin said that on October 13, following a network validator vote, the project successfully transitioned to the second phase of the mainnet. Now anyone can send or receive tokens, create an account, participate in verification, launch an application or otherwise use the network, the team said. The network, which previously operated under a restricted PoA model, is now operating under its own PoS consensus algorithm (CoinDesk)

Dharma launched Uniswap's first governance proposal, suggesting to lower the threshold for initiating voting and the minimum number of votes required for voting to pass

According to official news, the Uniswap community initiated the first governance proposal, suggesting to lower the threshold for initiating a vote and the minimum number of votes required to pass the vote. The initiator is Dharma. Dharma proposes to lower the threshold for initiating voting from 10 million UNI to 3 million UNI, and lower the minimum number of votes to pass the vote from 40 million UNI to 30 million UNI. Additionally, Dharma noted that the proposal would require a new GovernorAlpha contract, for which a new contract containing information about this change has been deployed.

An error occurred in the development and deployment of decentralized exchange DAOfi tokens, and new tokens will be issued

The decentralized exchange DAOfi told the community that during the development and deployment of DAOfi tokens, a custom ERC20 contract was created, which included an unlock parameter. But a mistake happened, R1 and R2 investors did not get 20% of the liquidity tokens, but were set to unlock every day. To correct errors in previous contracts, new tokens will be issued. Liquidity pools on Balancer have been removed. If you provide liquidity, it is recommended to remove the fund pool as well. The claim token website has also been shut down and will be hosted at a new URL. Please do not buy DAOfi tokens on Uniswap and wait for the official DAOfi contract.

Bill Laboon, director of technical education at the Web3 Foundation, tweeted to announce the progress of the Polkadot project, saying that Polkadot has produced more than 2,000,000 blocks. At the same time, he also mentioned that due to the incorrect submission of the referendum on the 7th, the Runtime v25 upgrade motion will be transferred to the 8th referendum to run again. Voting is in progress.

The Graph is planning a token sale on the Ethereum network on October 22

The Graph is planning a token sale on the Ethereum network on October 22

Blockchain data indexing project The Graph (GRT) released its own ERC20 token today in preparation for launching the Graph Network this year. Through the GRT token sale on the Ethereum blockchain from October 22-24, The Graph will sell 400 million of the 10 billion initial token supply for 0.03 cents. It is reported that the token sale is only open to non-US participants, and the deadline is the 15th. (Decrypt)

The digital asset derivatives exchange FTX has completed the 64th repurchase and destruction of its platform currency FTT, with a total of 65,870 FTT (approximately 240,400 US dollars) destroyed, and the total number of destroyed FTTs reached 6,310,660 FTT (approximately 23,021,300 US dollars).

Blockchain industry

Blockchain industry

Transformers illustrator Jose Delbo teams up with digital artist Trevor Jones to launch Batman-themed NFT

Jose Delbo, the painter of classic comic works such as "Wonder Woman" and "Transformers", and Trevor Jones, an encrypted artist, will cooperate on MakersPlace, a blockchain rare art trading market, to launch the famous DC Comics character "Batman" as the theme Four NFT artworks, including two animations and two illustrations. (Makers Place)

The Beijing Municipal Science and Technology Commission released a smart transportation project, using blockchain and other technologies to slow traffic congestion

On October 13, the Beijing Municipal Science and Technology Commission and the Tongzhou District Government jointly released the application scenario project in the field of smart transportation, "Smart Transportation Integrated Management Platform for Urban Sub-centers". The platform will use big data, blockchain, artificial intelligence and other technologies to intelligently identify behaviors such as roadside parking, automatically discover road-occupied construction, intersection deadlocks, truck bans, traffic accidents and other traffic incidents, and improve the efficiency of traffic incident disposal . (Beijing News)

Suzhou Xiangcheng releases an online trading platform for pearls based on blockchain

The awarding ceremony of the 2020 Xiangcheng International Fashion Jewelry Design Competition was held yesterday. During the event, the first blockchain-based pearl online trading platform was released. The blockchain pearl mall platform has functions such as auction, live broadcast, and online transaction. And test reports are stored on the chain, providing QR code and product code traceability functions. In the future, the platform will also provide blockchain-based supply chain management, trade finance, smart contracts, payment settlement, incentive mechanisms and other functions. (Suzhou Daily)

Canada's Second Largest Railway Company Joins Blockchain Logistics Platform TradeLens

Canadian Pacific Railway, Canada's second largest railway company, announced that it has joined the blockchain logistics platform TradeLens to use the blockchain platform to create, share and modify documents with other supply chain participants to reduce the complexity of its transportation process. (CoinDesk)

Boardroom, a DeFi governance solution, announced the completion of $2.2 million in financing, led by Standard Crypto, followed by institutions such as Slow Ventures, CoinFund, and Framework. Boardroom stated that the financing will be used for the design of DeFi governance tools, aiming to allow users to seamlessly participate in DeFi governance. (The Block)

Investment and Financing

Liquidity Aggregation Trading Platform Lattice Exchange Completes $2.5 Million Private Equity Financing

Lattice, a decentralized liquidity aggregation trading platform based on Constellation Network, announced the completion of three rounds of private equity investment. Investors include encrypted asset market makers GSR, Global Digital Asset, Alphabit Fund, Blockfyre, FBG Capital, Hronos Ventures, and Crypto Bridge. A small-scale community round of financing will be launched for the community.

Fompound received investment from Collin Capital

Fompound, a decentralized financial aggregator in the IPFS field, has confirmed to receive investment from Collin Capital. Fompound is a decentralized financial aggregator in the IPFS field. It invests in the IPFS field, including but not limited to the provision of computing power. The Fompound aggregator will use Defi pledge and liquidity mining to generate platform rights and governance tokens Fomp.

DeFi Governance Solution Boardroom Raises $2.2M Led by Standard Crypto

Boardroom, a DeFi governance solution, announced the completion of $2.2 million in financing, led by Standard Crypto, followed by institutions such as Slow Ventures, CoinFund, and Framework. Boardroom stated that the financing will be used for the design of DeFi governance tools, aiming to allow users to seamlessly participate in DeFi governance. (The Block)

global policy

global policy

G7 agree on digital currency

Japanese Finance Minister Taro Aso said G7 financial leaders discussed the coronavirus response and digital currencies through a conference call. Significantly, the G7 agreed on a digital currency. At the same time, he also stated that the stablecoin project should not start without sufficient preparation. Central bank digital coins require transparency and the rule of law.

In addition, Haruhiko Kuroda, Governor of the Bank of Japan, stated that the central bank’s report on digital currencies has been submitted. The Bank of Japan currently has no plans to issue a central bank digital currency (CBDC). The G7 joint statement demonstrated three key elements for central bank digital currencies. (Golden Ten)

G20 group re-emphasizes regulation of stablecoin market

The Group of 20 Financial Stability Board (FSB) re-emphasized its proposal to regulate a “Global Stablecoin” (GSC) in its latest report released on Tuesday. The recommendations hope to implement international regulatory standards in national jurisdictions, which include effective cooperation, coordination and information-sharing arrangements. The FSB stressed: "The GSC will comply with all applicable regulatory standards and address risks to financial stability before commencing operations and, where necessary, adapt to new regulatory requirements."

The G20 also announced a roadmap to complete international standard setting by December 2021. Countries have until July 2022 to establish standards, which will then be reassessed after a year. (Finance Magnates)

Spanish government plans to pass bill forcing crypto asset owners to disclose holdings, earnings

Spanish government spokesperson: The government plans to pass a bill that will force owners of encrypted assets to disclose their holdings and earnings. (Golden Ten)

According to the Russian Satellite Network, the Central Bank of Russia stated that when studying the possibility of issuing digital rubles, Russia must make the necessary preparations. After the digital ruble platform is developed and tested by limited users, a decision will be made on whether to issue a digital ruble. (Golden Ten)

Character·Voice

Character·Voice

People's Daily: Digital currency will profoundly change financial infrastructure

"People's Daily" issued an article on October 14 stating that the central bank's digital currency is a digital currency issued by the central bank. Its functional attributes are the same as those of banknotes and can be regarded as the digital form of banknotes. At present, central bank digital currencies are mainly divided into "wholesale" and "retail". The use of the wholesale type is limited to the central bank and financial institutions, not to the public. The retail type is open to the public and is mostly used for retail market transactions. The rise of non-cash payments has fueled the development of central bank digital currencies. During the prevention and control of the new crown pneumonia epidemic, the trend of cashless payments has accelerated, and many countries have accelerated the development and testing of central bank digital currencies. In the future, digital currency will profoundly change the financial infrastructure and people's daily life.

V God: I prefer DAI based on a single collateral

V God said on Reddit that he prefers DAI based on a single collateral, based on a single collateral, (the system) does not have the active governance it has today. (MakerDAO) is positioned as a type of DAO (Autonomous Organization) that automatically converts assets between stablecoins based on which stablecoin is more reliable, but I think a simple system is better. I personally like RAI, its design is based on the philosophy of simpler mechanisms and minimal governance.

Prysmatic Labs Developer: Ethereum 2.0 Testnet Zinken Performed Perfectly

On October 12, Zinken, the Ethereum 2.0 test network, was confirmed to be launched. Terence Tsao, a developer of Prysmatic Labs, tweeted, "Zinken has almost perfect performance on the incentive test network run by the community." According to beaconcha.in data, as of press time, more than 136,000 simulated ETH or GöETH have been placed on the test network. The number of valid validators reached 4269. (CryptoPotato)

ETC Cooperative: ChainSafeth is no longer required to implement MESS in Hyperledger Besu