| Binance suspended withdrawals yesterday due to platform traffic overload; Alipay launched a digital RMB module that supports transfers between users (May 11)

秦晓峰

Odaily资深作者

@QinXiaofeng888

2021-05-11 00:00

This article is about 3805 words, reading the full article takes about 6 minutes

Dogecoin's Google search interest surpasses that of Bitcoin for the first time.

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Dogecoin's Google search interest surpasses that of Bitcoin for the first time.

headlines

Binance Responds to Withdrawal Suspension: Platform Traffic Overloaded

Alipay has launched a digital RMB module for some users, which can support transfers between users

secondary title

digital currency

Hong Kong-listed company Success Global buys $1.3 million in Bitcoin

The number of active Ethereum addresses hit a record high at 7.94 million

According to data provider Glassnode, the number of active Ethereum addresses hit a new record of 7.94 million on Sunday, surpassing the all-time high of 7.14 million on January 16, 2018. The number of active Ethereum addresses has increased by more than 100,000 in the past three days alone, representing a year-to-date growth rate of 86%. In addition, the Ouyi OKEx market shows that ETH broke through 4000 USDT yesterday, reaching a maximum of 4200 USDT, continuing to hit a record high.

The Web3 project FileStar will hard fork on May 18, and 30% of the block rewards will be given to POS miners

According to FileStar official news, a hard fork upgrade will be performed at block height 584460 (expected at 10:30 am on May 18, 2021, Beijing time). After the fork, 30% of the block rewards will be distributed to PoS miners. On top of IPFS-based storage mining, FileStar will also support bandwidth mining and computing proof mining, and build storage, computing, and bandwidth networks.

secondary title

Blockchain industry

Italy to launch blockchain-based digital guarantee contract management platform later this year

Investment and Financing

PayPal Finance completes US$40 million in Series A financing led by Sequoia Capital, Dragonfly, BAI, etc.

PayPal Finance completes US$40 million in Series A financing led by Sequoia Capital, Dragonfly, BAI, etc.
As of February 2021, PayPal Finance has served more than 500 institutional clients, and its cryptocurrency lending business has reached an outstanding balance of $2 billion (in cryptocurrency). Combining financial innovation and prudent risk management, the company has become one of the largest cryptocurrency derivatives firms with a monthly trading volume of $8 billion.

DEX aggregator ParaSwap raised $3 million, led by Star Capital and DeFi Alliance, and participated by AC and others

ParaSwap, an Ethereum-based DEX aggregator, completed a $3 million financing led by Star Capital and DeFi Alliance. AC, founder of Yearn Finance, Michael Egorov, founder of Curve Finance, and Fredrik Haga, founder of Dune Analytics, participated in the investment. The new funding brings ParaSwap’s total raised to $5.7 million to date. In September last year, the project received $2.7 million in seed funding. (The Block)

Secret ecological privacy DeFi project Sienna Network completes 11.2 million US dollars in financing

The Secret ecological privacy DeFi project Sienna Network completed financing of 11.2 million US dollars, NGC, Inclusion Capital, Axia8 Ventures, LD Capital, YBB Foundation, Lotus Capital, FBG, Skyvision Capital, DaoMaker, Polkastarter, etc. participated in the investment. (TechCrunch)

NFT issuance and trading platform Xcad Network completes $3.9 million private placement financing, led by Zilliqa

Xcad Network, an NFT distribution and trading platform for YouTube content creators and fans, has completed $3.9 million in private equity financing, led by Zilliqa, with participation from LD Capital, Genesis Block Ventures and AU21. The funds will be used to create a “DeFi plugin” for YouTube that will allow content creators to “tokenize themselves and be rewarded based on the content they create.” A new NFT marketplace will also allow creators to mint NFTs with one click. Additionally, YouTube viewers can also earn rewards for watching and engaging with content on the YouTube platform. (Finance Magnates)

Arche Protocol, an open platform for custom financial contracts, raised millions of dollars, with participation from LD Capital and others

According to official news, Arche Network, an open platform for custom financial contracts, announced that it has raised millions of dollars. Participating parties include ParticleXYZ, Ankr, Proverbs Group, LD Capital, 3commas, Prometeus LABs, Basics Capital, Lotus Capital, Moonwhale Capital, Gate LABs, Chain Capital, Candaq, PAKA, DCI Capital, Raptor, Kryptos Research, Momentum 6, and Cinch Block.

Rocket Protocol completes $1.2 million in seed round financing led by Pantera and others

Rocket Protocol completes $1.2 million in seed round financing led by Pantera and others
It is reported that Rocket Protocol is a blockchain infrastructure for the future virtual world incubated by MixMarvel. As a high-performance chain group that can realize the interoperability of multi-chain contracts in the EVM system, Rocket Protocol 2.0 integrates the cross-chain protocol, NFT protocol and EVM protocol, and expands on this basis, allowing developers to freely create and adapt to various Complex decentralized applications for various scenarios while improving user experience.

Decentralized data infrastructure Stratos raised $1.83 million, with participation from Spark Digital Capital and others

secondary title

global policy

Monetary Authority of Singapore: Investing in cryptocurrencies is risky and not suitable for retail investors

The Monetary Authority of Singapore stated that investing in cryptocurrencies is risky and not suitable for retail investors. The prices of most cryptocurrencies are subject to speculative fluctuations. Those who choose to trade cryptocurrencies should understand the significant risks they are taking. MAS will continue to monitor developments in the cryptocurrency space and will regularly review the adequacy and appropriateness of our regulations. (Golden Ten)

A new report from South Africa suggests that the country’s tax agency will now target cryptocurrency investors with taxes. In addition to high-net-worth individuals and overseas investors, digital currency holders now constitute a"likely to incur most of the additional tax"groups. It is reported that many South African cryptocurrency holders"Didn't know cryptocurrency trading made them tax liable". According to expert Thomas Lobban, “The South African Revenue Service (SARS) is very concerned about cryptocurrency transactions at the moment.” (Bitcoin.com)