headlines

headlines

Fujian, Sichuan and other four places encircled and suppressed virtual currency "mining"

A reporter from the Beijing Business Daily found that after Zhejiang and Jiangsu comprehensively investigated the virtual currency "mining" activities in their jurisdictions, since November, the regulatory authorities in Fujian, Guiyang, Sichuan, and Yunnan have once again emphasized that they will continue to rectify "mining" and resolutely realize "mining". Clear" target. (Beijing Business Daily)

BSC Lending Protocol Ploutoz Finance Attacked, Hackers Gained $365,000

digital currency

BSC Lending Protocol Ploutoz Finance Attacked, Hackers Gained $365,000

PeckShield tweeted that the BSC chain lending agreement Ploutoz Finance was attacked, the hackers made a profit of 365,000 US dollars, and the loss of the agreement was even greater. Hackers manipulated the oracle price of DOP tokens, and used DOP as collateral to lend CAKE, ETH, BTCB and other assets, and then transferred them to Tornado.Cash after trading them as BNB through ParaSwap and PancakeSwap.

PeckShield tweeted that the BSC chain lending agreement Ploutoz Finance was attacked, the hackers made a profit of 365,000 US dollars, and the loss of the agreement was even greater. Hackers manipulated the oracle price of DOP tokens, and used DOP as collateral to lend CAKE, ETH, BTCB and other assets, and then transferred them to Tornado.Cash after trading them as BNB through ParaSwap and PancakeSwap.

NFT Data Daily: Art Blocks 24-hour trading volume increased by 88.60%
According to the latest data from CryptoSlam, the top ten NFT projects in the past 24 hours and their volume rises and falls are as follows: Axie Infinity (+15.95%), Wolf Game (-56.51%), The Sandbox (+46.43%), CryptoPunks (+4.27%), Bored Ape Yacht Club (-33.20%), Farmers World (-30.39%), EvoSnails NFT (0.00%), Mutant Ape Yacht Club (+5.01%), Art Blocks (+88.60%), Doodles (+34.05%).

Among them, the 24-hour trading volume of Art Blocks led the rise (+88.60%), reaching US$1,861,900; the 24-hour trading volume of Wolf Game led the decline (-56.51%), reaching US$8,522,300.

Binance: The wallet must be completely rebuilt, and it is expected to continue to suspend DOGE withdrawals in the next week
According to previous reports, according to the official announcement, Binance performed a version update on November 10. After the upgrade, it was found that there was a small problem with DOGE withdrawals on Binance, so the platform suspended DOGE withdrawals until the problem was resolved. Binance is currently working with the DOGE project team to resolve the issue. During this period, users can still withdraw DOGE on other networks. The platform expects that within 10 to 14 days from November 15, 2021, the DOGE network will still suspend withdrawals.

Investment and Financing

Investment and Financing

Automated financial platform Payhawk completes $112 million in Series B financing led by Greenoaks
Payhawk, an automated expense management fintech company, has completed Series B financing of US$112 million, valuing the company at US$570 million. This round of financing was led by Greenoaks, with participation from QED Investors, Earlybird Digital East, and Eleven Ventures.

While the client base is currently concentrated in Europe, the company plans to use the fresh funds to expand into new regions, opening offices in the US, the Netherlands, Australia and Singapore. (The Block)

secondary title

Lancium, a Bitcoin mining technology company, completes $150 million in financing, led by clean energy company Hanwha Solutions

Lancium, a technology company focused on bitcoin mining, has completed $150 million in financing, led by clean energy company Hanwha Solutions. This round of financing is used by Lancium to expand its business model for renewable energy operations in Texas. Lancium plans to start up more than 2,000 megawatts (MW) of Bitcoin mining farms built across Texas in 2022. power capacity. (Nasdaq)

global policy

global policy

South Korea’s Financial Services Commission calls for ICO to be included in the Capital Market Act, or will overturn the ICO ban
South Korea's 2017 ban on ICOs may soon be overturned, as South Korea's financial regulator called for ICOs to be included in South Korea's Capital Markets Act. Do Gyu-sang, vice-chairman of South Korea’s Financial Services Commission (FSC), called for faster action on ICO regulation, Money Today reported on Tuesday.
On November 17, the vice chairman of the FSC stated that ICOs must be included in South Korea’s Capital Market Act. According to Do, the path to ICO regulations will require a re-examination of applicable financial reporting requirements. In a draft document submitted to the Political Affairs Committee of South Korea's National Assembly, the FSC listed possible reporting obligations such as white papers, investor prospectuses and securities statements, like those required for listing on the stock market.

While noting that white papers for different ICOs will vary, the FSC insists that such documents should include sections such as a detailed project description, virtual asset class, key backer information and underlying technology. The FSC draft also requires details of transaction risks, associated taxes and fees. Additionally, funds received in an ICO must be deposited in a bank and must be detailed in an annual report. (The Block)

Authorities in the United Kingdom and the United States have recently pledged to introduce laws to strengthen the illegal use of encryption technology. The reforms were motivated by an increase in cyber-attacks and crypto fraud occurring in the two regions. The U.K. and the U.S. have agreed to tackle crypto trading since last Friday, Nov. 19, but did not make an official announcement until Monday. According to the U.S. Office of Justice and the U.K. Home Office, cryptocurrencies are used to operate illegally and benefit cybercriminals. The U.S. judiciary added that nationals of both countries agreed to combat the security concerns that fuel terrorism and cybercrime in parliament. (Crypto Politan)

Character·Voice

Character·Voice

Changpeng Zhao: Plan to extend the unlocking period of founding team tokens from 2-4 years to 8-10 years