headlines
According to official news, Bitfinex launched a hacker reward program for stolen bitcoins in 2016, with the intention of recovering lost bitcoins. Those who help Bitfinex establish a connection with the hacker will get 5% of the final recovery of all property (or the equivalent funds or assets at current market prices). Hackers who voluntarily return bitcoins will receive 25% of all property recovered. Excluding the 27 bitcoins that have been recovered in 2019, based on the current price of bitcoin, the total rewards of the project can reach up to about 400 million US dollars.
- Teku (developed by ConsenSys);
- Prysm (developed by Prysmatic Labs);
- Nimbus (developed by Status);
- Lodestar (developed by ChainSafe Systems);
- Lighthouse (developed by Sigma Prime).
digital currency
Bitfinex Offers Up to $400 Million in Rewards for Bitcoin Stolen in 2016
According to official news, Bitfinex launched a hacker reward program for stolen bitcoins in 2016, with the intention of recovering lost bitcoins. Those who help Bitfinex establish a connection with the hacker will get 5% of the final recovery of all property (or the equivalent funds or assets at current market prices). Hackers who voluntarily return bitcoins will receive 25% of all property recovered. Excluding the 27 bitcoins that have been recovered in 2019, based on the current price of bitcoin, the total rewards of the project can reach up to about 400 million US dollars.
Note: In the summer of 2016, Bitfinex was hacked, resulting in the theft of nearly 120,000 bitcoins.
Tether issued an additional 120 million USDT (authorized but not issued)
Tether issued an additional 120 million USDT (authorized but not issued)
According to data monitoring on the Whale Alert chain, at 19:08 Beijing time on August 4th, Tether newly issued 120 million USDT.
On-chain liquidity underwriter KeeperDAO releases Chinese version
On-chain liquidity underwriter KeeperDAO releases Chinese version
DAppTotal: The total market circulation of stablecoins exceeds 13 billion US dollars
According to the data on DAppTotal.com’s stablecoin page, as of July 31, the total issuance of stablecoins continued to grow, from $11.9 billion at the end of June to $13 billion. Among them, the total circulation of USDT was 11 billion U.S. dollars, an increase of 990 million U.S. dollars from the previous month. Among them, the circulation of ERC20-USDT was 6.4 billion U.S. dollars, the circulation of TRC20-USDT was 3.45 billion U.S. dollars, and the circulation of OMNI-USDT was 1.14 billion U.S. dollars.
Cosmos cross-chain protocol IBC1.0 has completed 83%
Cosmos cross-chain protocol IBC1.0 has completed 83%
Media: Zhao Dong has been detained for 46 days on suspicion of assisting capital flight, and three employees have been released
Polkadot released the relay test network Rococo, including three parachain test networks
Polkadot released the relay test network Rococo, including three parachain test networks
Polkadot (DOT) released a new relay testnet Rococo, which includes three parts: Tick Parachain 1 Testnet, Trick Parachain 2 Testnet and Track Parachain 3 Testnet. Currently Polkadot’s testnets include Westend, Arcadia, Berlin, Flaming Fir, and Mandala.
Following the internal turmoil, Canaan Technology, the "first blockchain stock", has another major executive change. In response to a series of personnel changes, on August 4, Canaan Technology responded that the resignation was mainly due to the expiration of the term of the directors, and the company does not have "gangs". In terms of functions, Beijing is the R&D and sales center, and Hangzhou is the center. Undertake part of the sales and after-sales service work. In addition, in terms of business, the business planning of Canaan Technology in the later stage will still focus on the current two core businesses of mining machines and AI. (Beijing Business Daily)
Following the internal turmoil, Canaan Technology, the "first blockchain stock", has another major executive change. In response to a series of personnel changes, on August 4, Canaan Technology responded that the resignation was mainly due to the expiration of the term of the directors, and the company does not have "gangs". In terms of functions, Beijing is the R&D and sales center, and Hangzhou is the center. Undertake part of the sales and after-sales service work. In addition, in terms of business, the business planning of Canaan Technology in the later stage will still focus on the current two core businesses of mining machines and AI. (Beijing Business Daily)
Blockchain industry
"Baidu Super Chain Open Network White Paper" officially released
"Baidu Super Chain Open Network White Paper" officially released
Yunnan accelerates the construction of blockchain industry application platforms in key areas such as cross-border trade
Recently, State Grid E-Commerce Company (State Grid Financial Technology Group)'s patent "a blockchain-based electronic contract management method, device and system" was successfully authorized by the State Intellectual Property Office, becoming the country's first blockchain electronic contract authorization patent. The invention patent proposes to take the blockchain as the core technology, integrate electronic signature, identity authentication, asymmetric encryption and other technical means, and store the key information of the whole process of signing, confirmation, transmission and storage of the electronic contract on the chain, Significantly increase the difficulty and cost of data tampering, thereby ensuring the authenticity of contract data and enhancing the security of electronic contracts. (People's Post and Telegraph)
Investment and Financing
Hedget Completes $500,000 Seed Funding Round Led by FBG Capital and NGC Ventures
Decentralized derivatives protocol Hedget has completed a $500,000 seed round of financing led by FBG Capital and NGC Ventures. Hedget is an Ethereum layer 2 solution for decentralized options trading, allowing users to use collateral to buy and sell derivatives to hedge risks when holding encrypted assets. Users can also hedge their debt positions held in DeFi lending protocols. (CoinDesk)
global policy
Basler Kantonalbank, a Swiss bank with $29.622 billion in assets under management, announced that it will start offering cryptocurrency trading and custody services through its subsidiary Bank Cler in 2021. Notably, Basler Kantonalbank will be the first of Switzerland’s 24 state-owned banks to venture into the cryptocurrency business. (U. Today)
Swiss state-owned bank Basler Kantonalbank to launch bitcoin custody and trading services in 2021
Basler Kantonalbank, a Swiss bank with $29.622 billion in assets under management, announced that it will start offering cryptocurrency trading and custody services through its subsidiary Bank Cler in 2021. Notably, Basler Kantonalbank will be the first of Switzerland’s 24 state-owned banks to venture into the cryptocurrency business. (U. Today)
Character·Voice
Baidu blockchain Xiao Wei: Baidu super chain open network has deployed 17 super nodes across the country, and more than a thousand companies have joined
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