headlines

headlines

Fed Chair: China's approach to issuing CBDC not suitable for US

Federal Reserve Chairman Jerome Powell said China's approach to issuing a central bank digital currency is not appropriate for the United States. Currency used in China is not available in the US. The U.S. central bank is taking the time to understand what a digital currency might be able to do.

Beijing Bureau of Economics and Information Technology: The situation of cryptocurrency mining business in the data center is carried out normally

On April 27, it was reported that the Beijing Municipal Bureau of Economics and Information Technology issued the "Urgent Notice on Finding out the Situation of Bitcoin and Other Cryptocurrency Mining Businesses in Data Centers in Our City", which requires that the data centers in Beijing carry business involving Sort out the relevant situation of Bitcoin and other cryptocurrency mining. If all relevant units are involved in related businesses, they will feed back relevant information such as power consumption and total energy consumption ratio of mining business in the past year before 12:00 noon on April 28. In this regard, the Beijing Bureau of Economics and Information Technology replied on the afternoon of April 29 that the notice was indeed issued by the bureau, mainly from the perspective of business types and energy consumption carried by the data center, and it was for the normal business work of the bureau. However, the Beijing Economic and Information Bureau did not reply to the results.

Biden unveils $1.8 trillion 'American Family Plan'

At 9:00 pm local time on the 28th (9:00 am on the 29th Beijing time), US President Biden delivered a speech at a joint meeting of the House and Senate. In his speech, Biden announced a $1.8 trillion "American Family Plan" for children, students and families.

New laws currently under consideration in India plan to ban all crypto activities and transactions. However, another part of the law that has not been discussed allows the government to scrutinize the past transactions of all citizens in the country.

digital currency

digital currency

The Filecoin network has been upgraded to v12

According to official news, the Filecoin network has been upgraded to v12, the state migration from Actor v3 to v4 has been completed, and the scheduled maintenance has been completed.

The first Metaverse NFT hardware keyboard is now accepting digital currency reservations

According to official news, the world's first wireless, three-dimensional, split ergonomic keyboard AM HATSU is still in the research and development stage and will be officially shipped in six months. The price is 1,600 US dollars, and cash and digital currency are scheduled to open.

The privacy AI computing network PlatON has reached a strategic cooperation with the high-performance sharding public chain Zilliqa

On April 29, according to official news, the privacy AI computing network PlatON announced a strategic partnership with Zilliqa, a high-performance sharding public chain. At present, the two parties have jointly explored in the field of mascot collection and NFT, and have reached a deep consensus on promoting the ecological development of PlatON. The two parties will work together to drive technological innovation, deploy business in multiple fields, and jointly build public infrastructure in the global digital age.

German Broker Trade Republic Offers BTC, ETH, LTC and BCH Trading

German broker Trade Republic is expanding into the cryptocurrency market, offering trading in bitcoin, ethereum, litecoin and bitcoin cash. Founded in 2015, Trade Republic allows users to buy and sell stocks and ETFs through a single mobile app.

Huobi co-founder Du Jun tweeted that the HECO global node campaign is about to start

On April 29, Du Jun, the co-founder of Huobi, tweeted "Hello, Heco Node!" along with a registration test page for the suspected Heco node election. People familiar with the matter said that this may mean that the HECO global node campaign is about to start in full swing.

The amount of Bitcoin transferred by miners to exchanges in 7 days hits a 4-month low

The Glassnode analysis team tweeted that the number of bitcoins transferred by bitcoin miners to cryptocurrency exchanges within 7 days reached a 4-month low, currently totaling 49.893 BTC. Unlike early 2021, miners are currently accumulating bitcoins.

The PlatON mainnet release community vote has been passed, and the mainnet will be officially launched on April 30

According to official news, at 14:15 on April 29, the community vote released by the privacy AI computing network PlatON mainnet has been supported by 454 votes out of 907 votes, with a support rate of over 50%. As of 12:29 on April 30, if the vote is passed, the current pre-deployed network will officially become the PlatON mainnet with the permission of the entire community.

Music Bee Platform's first NFT Douyin Divine Comedy "I'm Scared of Ghosts" was born

According to official news, on April 28, Music Bee cast the platform's hit single "I'm Scared of Ghosts" into an NFT, and the platform's first NFT was born.

Japan Crypto Assets Business Association Publishes NFT Guidelines

The Japan Crypto Assets Business Association (JCBA) released guidelines for NFTs this week. The guidelines state that the legal nature of an NFT is determined by its content, and the guidelines also publish relevant flowcharts for judging whether an NFT is a security or an encrypted asset. JCBA plans to further update the guidelines in the future.

NBA Rockets Official Store Has Supported Bitcoin, Dogecoin and Other Cryptocurrency Payments

According to the official Twitter of the Houston Rockets, its official store supports Paypal, BTC, BTC, ETH, DOGE, GUSD, USDC, Pax and BUSD and other cryptocurrency payments.

Poloniex announced that it will no longer support the OMNI version of USDT

News Poloniex announced that it will no longer support the OMNI version of USDT, and will migrate the USDT of the user's OMNI chain to another chain at 01:00 on May 1.

secondary title

Binance Smart Chain (BSC) integrates ChainLink VRF on mainnet as an oracle solution

Binance Smart Chain (BSC) integrates ChainLink VRF (verifiable random function), as an oracle solution.

Blockchain industry

Blockchain industry

Ucam, a smart camera powered by IoTeX, is listed on the official website of American technology magazine Popular Science

According to official news, Ucam, the first privacy smart camera powered by the Internet of Things blockchain IoTeX, was officially launched on the official website mall of Popular Science, an American technology media, and recommended to its 4 million readers. Ucam is the first consumer hardware based on blockchain technology to realize user data ownership and 100% privacy protection.

Investment and Financing

Investment and Financing

Paxos completes $300 million Series D financing at a $2.4 billion valuation, led by Oak HC/FT

Finoa, a European digital asset custody and financial services platform, completed a $22 million Series A round led by Balderton Capital, with participation from existing investors Coparion, Venture Stars, Signature Ventures and an undisclosed investor.

Digital asset platform Finoa completes $22 million in Series A financing, led by Balderton Capital

Finoa, a European digital asset custody and financial services platform, completed a $22 million Series A round led by Balderton Capital, with participation from existing investors Coparion, Venture Stars, Signature Ventures and an undisclosed investor.

Lobus, an art management platform, completes $6 million in financing, with participation from Upside Capital and others

Lobus, an art asset management platform established by former Christie’s vice president of business management Sarah Wendell Sherrill and others, completed $6 million in financing, Upside Capital, 8VC, Franklin Templeton, Dream Machine, Weekend Fund, BoostVC, Rob Hayes, Troy Carter, Suzy Ryoo , Rebecca and Cal Henderson, Henry Ward and Lex Sokolin participated in the vote.

global policy

global policy

South Korea may approve Hanwha Asset Management to launch encrypted asset investment fund on May 2

South Korea’s Financial Supervisory Authority intends to approve Hanwha Asset Management’s launch of a financial fund that will allow investors to gain indirect exposure to crypto assets. The fund will be approved on May 2, the source said.

HMRC asks taxpayers to provide encrypted holding data

HM Revenue and Customs (HMRC) will start collecting data on cryptocurrency holdings from taxpayers suspected of tax evasion and avoidance, according to UHY Hacker Young. HMRC's "statement of assets" form (used to require a full accounting of all taxpayer assets in investigations) will now include explicit requirements for crypto and other asset information commonly used by organized crime.

According to sources, U.S. government agencies and related industries are promoting the regulation of encrypted assets such as bitcoin to combat the scourge of ransomware, because most ransomware viruses require payment in encrypted form. Based on the research, the panel of experts is calling for more aggressive tracking of bitcoin and other cryptocurrencies.

Character·Voice

Character·Voice

Powell: Dogecoin and GameStop reflect a market bubble

During a press conference on Wednesday, Federal Reserve Chairman Jerome Powell said he considered a "stock market bubble" when asked about Dogecoin and GameStop. "A lot of people just look at asset prices, they look at some of the things that are happening in the stock market. I think they reflect a bubble in the stock market," Powell said, without mentioning Dogecoin or Gametop. "But really, we're trying to stick to a framework so we can talk about it and be accountable for it."

Bank of France deputy governor: CBDC could weaken role of big banks

Central bank digital currency (CBDC) may allow start-ups to obtain ultra-low-interest central bank funds and weaken the role of large banks in the settlement of large transfers, Deputy Governor of the Bank of France Denis Beau said on Thursday. Denis Beau told a webinar organized by the OMFIF think tank that a wholesale CBDC could spark demand from financial firms that currently do not have access to central bank funding. “The role of large banks in clearing central bank funds transfer orders will be challenged under similar regulatory requirements,” he said.

SBI CEO: Ripple wants to go public after SEC lawsuit

Yoshitaka Kitao, CEO of Japanese financial giant SBI Group, said on an earnings call that Ripple will go public. Kitao added that following the current SEC lawsuit, Ripple will go public, which Ripple co-founder Chris Larsen hopes to do.

Chief Investment Officer of Tianqiao Capital: Don't worry about Bitcoin's volatility, investors must expect a sharp correction

Troy Gayeski, chief investment officer of Skybridge Capital, said that don't worry about Bitcoin's volatility, investors must expect a sharp correction.

GALAX expresses its position: it has the right to refuse insurance for mining SSD hard drives

Recently, the domestic manufacturer GALAX announced that in order to limit the use of hard disks for mining, it stated that it would no longer provide warranty for solid-state hard disks after mining.

Santander executive: Regulated DeFi combining second-layer protocols and public blockchains or the future of fintech