headlines

headlines

Canaan Technology’s Board of Directors Approves a Share Repurchase Program of Up to $10 Million

On September 8, Canaan Technology (CAN.US) announced that its board of directors has approved a stock repurchase plan, under which the company will repurchase shares worth up to $10 million in American Depositary Shares (ADS) and/or Class A ordinary shares. Among them, each ADS represents 15 Class A ordinary shares. (Zhitong Finance)

Police in Seoul, South Korea raided Bithumb Exchange again

digital currency

digital currency

European exchange ETERBASE was stolen and lost more than 5 million US dollars

The European exchange ETERBASE was stolen on Monday night, involving six addresses related to BTC, ETH/ERC-20, XRP, TRX, XTZ, and ALGO. The exchange did not disclose the specific amount of losses caused by the hacker attack, but according to The Block Research’s statistics, the exchange’s hot wallet lost more than $5 million. (The Block)

Changpeng Zhao: Binance will add new features to prevent users from transferring funds to project contract addresses by mistake

In response to a user mistakenly transferring 1 million USDT to the Swerve contract, Binance CEO Changpeng Zhao commented on Twitter that most CEXs or wallets probably shouldn’t allow users to send to these addresses. But new events appear all the time. He also said that Binance will implement a feature to prevent people from mistakenly sending to those contract addresses that Binance supports.

The latest report released by CryptoCompare shows that derivatives trading volume in August increased by 53.6% to $711.7 billion, a record high, far exceeding the monthly figure of $602 billion reported in May. At the same time, spot trading volumes increased by 49.6% to $944.9 billion. Derivatives still account for more than 40% of the total market share. Trading volume on derivatives exchanges increased significantly in August, with Huobi up 44.7%, OKEx up 69.1%, and BitMEX up 43.6%. Additionally, CME’s crypto derivatives trading volume increased by 55.7% to $12.02 billion.

OKLink: The single-day on-chain transaction volume of Bitcoin hit a new high this year

According to OKLink data, on September 7, the transaction volume on the Bitcoin chain reached 2.9859 million BTC, or about 30.635 billion US dollars, and the transaction volume on the chain hit a new high in the past year; and the transaction volume on the Bitcoin chain in the past 14 days It continued to be at a high level. On August 17, the transaction volume on the Bitcoin chain reached 2.9386 million. After a slight fall, it rebounded again and broke through the high of nearly one year.

According to OKLink data, on September 7, the transaction volume on the Bitcoin chain reached 2.9859 million BTC, or about 30.635 billion US dollars, and the transaction volume on the chain hit a new high in the past year; and the transaction volume on the Bitcoin chain in the past 14 days It continued to be at a high level. On August 17, the transaction volume on the Bitcoin chain reached 2.9386 million. After a slight fall, it rebounded again and broke through the high of nearly one year.

The circulation of Bitcoin-anchored coins on the Ethereum chain exceeded 70,000

Blockchain industry

Blockchain industry

Baidu Super Chain becomes the first project donated to the Open Atom Open Source Foundation

A few days ago, Baidu has officially completed the signing of the agreement on the donation of the superchain core project to the Open Atom Open Source Foundation, which means that the completely self-developed Baidu superchain technology will rely on international open source organizations in the future and operate in a new organizational form. The representative and internationally influential block chain open source technology is cultivated and operated, and the competition of technical strength and ecological force is launched in the global block chain market. (Baidu Super Chain)

Pediatric Healthcare Provider Uses Blockchain Technology for COVID-19 Management

Investment and Financing

Investment and Financing

Bitfinex Invests in Bitcoin Derivatives Trading Platform LN Markets

LN Markets, a Bitcoin derivatives trading platform based on the Lightning Network, announced that it has completed a seed round of financing and has received investment from investors such as Bitfinex and Arcane Crypto. In this regard, Bitfinex CTO Paolo Ardoino tweeted that Bitfinex supports the expansion of Lightning Network by investing in the right projects. It is reported that the LN Markets application enables traders to execute transactions directly from their Lightning wallets, without relying on exchanges as custodians. (BTC Times)

DeFi derivatives trading platform MCDEX completed the first round of financing
MCDEX, a DeFi derivatives trading platform, announced the completion of its first round of financing, with an undisclosed amount. DeFiance Capital operator Arthur Cheong, quantitative trader Wang Qiao, Zapper Chief DeFi Officer DeFi Dad, dForce CEO Yang Mindao, Fortube CEO Lei Yu, Conflux co-founder Zhang Yuanjie, Loopring CTO Steve Guo and DODO founder Lei Mingda participated in the investment .

Character·Voice

Character·Voice

SBF shares personal thoughts on the later development of Sushi

FTX founder Sam Bankman Fried (SBF) tweeted his views on Sushi's later development direction. First, the highest priority right now should be to ensure a successful migration and a successful transition of multi-signature governance, SBF said. Secondly, regarding the development of Sushi, SBF mentioned some of its own views: I personally think that the supply of Sushi can be reduced. As inflation subsides, a few things will happen naturally. But I think some of Sushi's rewards should be locked; the current schedule can be followed, but 1/6 of Sushi can be unlocked, 1/3 of Sushi can be locked for a year, and the rate is reduced by 50%; the taker fee From 30 bps to 20 bps, market makers will return 15bps and 5bps to SUSHI holders; I want to cooperate with Compound and Aave to create margin trading on Sushiswap; I personally intend to create a SushiSwap branch in Serum. It should be pointed out that Sushi is a project governed by the community, and the final development is determined by the community.

Opinion: Sooner or later, DeFi projects will leave the Ethereum network and move to a centralized platform