| The average price of Ethereum Gas has dropped to a new low this year; Curve is suspected to be launching the v2 version soon (June 4th)

Azuma

Odaily资深作者

@azuma_eth

2021-06-03 23:47

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Many departments in Hainan issued risk warnings: prevent illegal fundraising in the name of "virtual currency" and "blockchain".

headlines

The National Development and Reform Commission issued the "Notice on Further Strengthening the Supervision of Energy Conservation", and the supervision objects have not yet involved cryptocurrency mining
On June 3, the General Office of the National Development and Reform Commission issued a notice on further strengthening energy conservation supervision. The key supervision content shows that the main supervision targets include:
1. The "two high" projects that have started construction and completed and put into production in the past two years;
2. Key enterprises in high-energy-consuming industries such as iron and steel, coking, non-ferrous metals, thermal power, petrochemicals, chemicals, and building materials;
3. Energy-consuming units such as industrial enterprises, large-scale public buildings, shopping malls and supermarkets, and public institutions;
4. Energy-consuming units with an annual comprehensive energy consumption of 10,000 tons of standard coal or more and other energy-consuming units designated by local energy conservation authorities;
5. Institutions engaged in energy conservation consulting, design, evaluation, testing, auditing, certification and other services.

In summary, the subject of surveillance has not yet involved cryptocurrency mining. (National Development and Reform Commission official account)

Google Reverses 2018 Policy Banning Ads on Cryptocurrency Exchanges and Wallets

According to the official website, Google canceled the 2018 policy prohibiting advertising on cryptocurrency exchanges and wallets, and issued an update to its advertising policy, clearly stating the scope and regulations that allow advertising for cryptocurrency-related businesses and services. Advertisers who provide cryptocurrency trading platforms and wallet services with designated targets in the United States will be able to promote their products and services as long as they meet a series of regulations and are certified by Google since August 3. (Cointelegraph)

Paxful Launches E-Commerce Tool That Allows Merchants to Accept Bitcoin Payments

Paxful on Thursday announced the launch of Paxful Pay, an e-commerce tool that allows customers to pay merchants through more than 400 payment methods, and then convert the funds to bitcoin and send them to the merchant's digital wallet. While Bitcoin is the primary cryptocurrency used by Paxful Pay, the platform plans to add Tether and other stablecoins in the future, and plans to add BTC to local currency exchange services.

According to data from OKLink, the current average gas price of Ethereum is 25.53 Gwei, and the average gas price in the past seven days is 33.89 Gwei, and the average gas price has dropped to the lowest level this year.

digital currency

Norton 360 antivirus software will soon launch Ethereum mining function

Norton 360 Antivirus announced the upcoming launch of the Ethereum mining function "Norton™ Crypto". Starting June 3, the company will invite some early adopters to test the new features. Norton claims that its new feature makes it possible to safely mine ethereum without exposing computers to the substantial risks associated with uncensored code. All mined Ethereum will be deposited into the cloud-based Norton Wallet. (Yahoo Finance)

Curve Finance team members tweet hinting that Curve v2 is coming soon

The community proposes SushiSwap to develop Sushichain to facilitate asset exchange with other chains

Sam Kazemian, founder of the algorithmic stablecoin protocol Frax Finance, tweeted to suggest that SushiSwap develop and launch its own blockchain, Sushichain, to facilitate exchanges with other blockchain assets. Dave Liebowitz, the business growth director of the Gelato project, then released a corresponding proposal in the SushiSwap discussion area and said that such a move will solve the problem of SushiSwap's current liquidity segmentation on various blockchains. Ethereum, Polygon and Fantom blockchains The value locked in SushiSwap deployments were $4.3 billion, $649 million, and $65 million, respectively.

Curve Finance team members tweet hinting that Curve v2 is coming soon

Charlie, a member of the Curve Finance team, tweeted that he saw a new integration on 1inch Network. The picture shows the ETH/USDT trading pair on Curve v2, implying that Curve v2 will be launched soon.

US SEC asks for 60-day extension of Ripple disclosure case

After a two-and-a-half-year investigation into Ripple by the U.S. Securities and Exchange Commission and six months of litigation, on June 2, the SEC asked Judge Analisa Torres to extend the period for obtaining evidence for 60 days. The deadline for the fact-finding inquiry was originally set for July 2, while the expert inquiry was set to conclude on August 16, it is understood. The SEC said that Ripple Labs did not submit some of the documents it requested, and that the blockchain company had difficulty producing responsive documents from its current and former employees. (Fxstreet)

Referendum 114 has passed, setting the Shell storage to Statemine genesis and including the calls needed to update the UMP queue configuration to ensure remote transfers from Statemine will work, according to Kusama's official Twitter feed. Next, the Shell will be upgraded to Statemine.

The Fantom Foundation provides a new round of grants to 8 projects

The Fantom Foundation announced that it will provide a new round of grants to a series of projects to accelerate network development. The 8 projects that received the grant this time are: Coordinape, APY Vision, Cryptokek, Millennial Finance, Mushroom, SpookySwap, SpiritSwap, Hyperjump. It is reported that Fantom is a modular, scalable and customizable smart contract platform. Lachesis is an aBFT consensus algorithm developed by Fantom, which is fully compatible with the Ethereum Virtual Machine (EVM) and can be integrated with the Cosmos SDK. (Crypto Ninjas)

Plasm Network completes the first cross-chain virtual machine X-VM transaction

According to official news, Polkadot’s ecological smart contract platform Plasm Network tweeted, “The first cross-chain virtual machine X-VM transaction has been completed, and WebAssembly smart contracts can be called from the Ethereum Virtual Machine (EVM) on the Plasm network.”

Filecoin Network Appeared "Cash Attack", Many Nodes Lost Computing Power

DODO smart contract has been deployed to Arbitrum mainnet

The decentralized trading platform DODO announced that its V1 and V2 smart contracts have been deployed to the Ethereum expansion network Arbitrum main network, and the fully integrated script is ready. In the next few weeks, DODO will add front-end support to the Arbitrum main network, Includes wallet integration. DODO becomes one of the first decentralized applications on the Arbitrum mainnet.

Filecoin Network Appeared "Cash Attack", Many Nodes Lost Computing Power

On the morning of June 3, a message suddenly appeared on the Filecoin network that it could not be uploaded to the chain. The news of the space-time proof was not packaged, and the computing power of multiple nodes decreased. As of 13:00 noon, the computing power loss of the entire network exceeded 91PiB. Some industry experts pointed out that the reason for the loss of computing power of the entire network is that the gas limit and gaspremium settings of the f0134006 node are too high, resulting in too few messages that can be packaged in each block, and the windowpost messages cannot be uploaded to the chain in time, resulting in the loss of computing power of some nodes. (IPFS Chinese Community)

secondary title

Blockchain industry

EU plans to launch digital wallet next year, or linked to digital euro

According to the British Financial Times, the European Union announced on Wednesday detailed plans to issue a digital wallet applicable throughout the EU in response to requests from member states for a secure way for citizens to use various public and digital wallets online. private service. People with direct knowledge of the plans said the digital wallet would securely store payment details and passwords, allowing citizens across the 27 EU member states to use a unique verified identity to log on to their government websites or pay utility bills Waiting for utility bills. According to reports, the wallet will be launched next year and may be related to the digital euro project (CBDC) that the European Central Bank is still working on. (Bitcoin.com)

The Reproductive Medicine Center of Renji Hospital Affiliated to Shanghai Jiaotong University School of Medicine launched the MyBaby blockchain project. As the first medical institution in the industry to use blockchain technology for embryo visualization, Renji Hospital draws on the characteristics of blockchain technology such as decentralization, non-tampering, traceability, traceability, collective maintenance, openness and transparency, etc., to ensure data Under the premise of security and privacy, the medical process data is partially open and transparent, which realizes the visualization of embryos and makes the whole process of in vitro culture of "babies-to-be" visible. (Central Broadcasting Corporation)

Investment and Financing

Angermayer and Novogratz to invest $100 million in crypto fund

Cryptology Asset Group, a European investment firm founded by billionaires Mike Novogratz and Christian Angermayer, plans to inject about $100 million into crypto venture capital funds over the next two years. Cryptology Asset Group will take an entrepreneurial approach to enriching its fund portfolio, with a close eye on first-time crypto funds, emerging fund managers and seed funds. According to fintech and crypto entrepreneur Angermayer, the company will invest globally and will be involved in blockchain and cryptocurrency-related businesses. Patrick Lowry, CEO of Cryptology, said: "Our vision is to work closely with our portfolio funds, investing alongside them in innovative blockchain companies and crypto assets. There is no better asset class than cryptocurrencies." (CoinDesk )

DeFi protocol Impossible Finance completed a $7 million financing led by True Ventures, CMS Holdings, Alameda Research, and Hashed. So far, the project has attracted 125 institutional investors and angel investors, such as Sino Global Capital, IOSG, Divergence, GBV, mgnr.io, Lemniscap, Primitive, Incuba Alpha, BR Capital, Coin98, The LAO, Maple Leaf Capital And angel investors Sandeep Naiwal (Matic), Kain Warwick & Jordan Momtazi (Synthetix), Bette Chen & Ruitao Su (Acala), Bobby Ong & TM Lee (Coingecko), Larry Cermak (The Block) and Calvin Liu (Compound), etc.

DeFi protocol Impossible Finance raised $7 million, led by CMS, Alameda Research and others

NFT protocol RMRK completes USD 6 million in financing, investors include LD Capital, YBB Foundation, etc.

RMRK, an NFT protocol, announced the completion of $6 million in financing. Investors include D1 Ventures, LD Capital, YBB Foundation, DFG, PAKA, Signum Capital, and Carbon Blue. The financing will be used to establish a standard cross-chain NFT infrastructure in the Polkadot and Kusama ecosystems.

Credmark, a decentralized risk modeling platform, raised $5.5 million and partnered with API3

Subspace Labs, Polkadot's sustainable decentralized storage solution development team, recently completed a $4.5 million seed round of financing, co-led by Hypersphere Ventures and Stratos Technologies. Other participating institutions include Consensys Mesh, IOSG Ventures, Republic Labs, D1 , OKEx Blockdream Ventures, Gate Labs, NGC, Candaq, Krypital, Dealean, Cabin VC, and DefinanceX.

Subspace Labs Closes $4.5M Seed Funding Round Co-Leaded by Hypersphere Ventures and Stratos Technologies

Pontem Network raises USD 4.5 million, with participation from Animoca Brands and others

Decentralized application Pontem Network completed $4.5 million in seed financing, with participation from Delphi Ventures, Collider Ventures, Alameda Ventures, Skynet Trading, and Animoca Brands.

Chronicle raises $3.2 million to create NFT marketplace led by 4SV

The risk management platform Sherlock received US$1.5 million in Pre-Seed round financing, led by IDEO CoLab Ventures, A.Capital, Scalar Capital, DeFi Alliance, Primitive founder ALex Angel, Aave risk control director Alex Bertomeu-Gilles, BadgerDAO founder Chris Spadafora, DODO co-founder Diane Dai, Quantstamp business development director Don Ho, UMA co-founder Hart Lambur, and Synthetix co-founder Jordan Momtazi participated in the investment.

Risk management platform Sherlock raises $1.5 million led by IDEO CoLab Ventures

Apricot Finance, a Solana ecological DeFi platform, completed a seed round of financing of 800,000 US dollars, and DFG, NGC, CryptoJ, etc. participated in the investment

Decentralized protocol Sigmadex completed a new round of financing, LD Capital and Spark Digital Capital participated in the investment

The decentralized protocol Sigmadex completed a new round of financing for further protocol development, LD Capital, Genesis Block Ventures, Moon Inc, PNYX Ventures, NGC Ventures, Rarestone Capital, SkyVision Partners, 3Commas, Spark Digital Capital, Marshland Group, Hillrise Capital, Deep Ventures, GD10 Ventures, DAO Maker, Shima Capital, One Block Capital, Signal Ventures, Exnetwork Capital, Kyros Ventures, AU21 Capital, Tenzor Capital, Basics Capital, Lancer Capital, Titan Ventures, Regain Ventures, etc. participated in the investment.
The decentralized protocol Sigmadex completed a new round of financing for further protocol development, LD Capital, Genesis Block Ventures, Moon Inc, PNYX Ventures, NGC Ventures, Rarestone Capital, SkyVision Partners, 3Commas, Spark Digital Capital, Marshland Group, Hillrise Capital, Deep Ventures, GD10 Ventures, DAO Maker, Shima Capital, One Block Capital, Signal Ventures, Exnetwork Capital, Kyros Ventures, AU21 Capital, Tenzor Capital, Basics Capital, Lancer Capital, Titan Ventures, Regain Ventures, etc. participated in the investment.

In addition to the development of the protocol, the funds will be used to continue to grow the Sigmadex team globally and further invest in the DeFi field, BSC and Polkadot ecosystem.

Streaming platform Amasa completes seed round, led by Animoca Brands

Polkadot's ecological blockchain advertising technology support platform Jambo Network received strategic investment from Hoo Labs, Silicon VC and W3 Venture

According to official news, Jambo Network, a blockchain advertising technology support platform, has successively announced that it has received strategic investment from Hoo Labs, Silicon VC, and W3 Venture. Jambo Network is a blockchain advertising technology support platform based on Polkadot's ecology. Through Polkadot's heterogeneous multi-chain architecture, the value interoperability of different advertising industry chains is realized, and it is committed to realizing a transparent and credible decentralized advertising industry value ecology.

Streaming platform Amasa completes seed round, led by Animoca Brands

Xunwei’s income streaming platform Amasa completed its seed round of financing, led by Animoca Brands. Amasa is committed to enabling users to easily aggregate, track and invest the benefits obtained by interacting with the digital world, generating additional income for users' digital assets. The platform also allows users to aggregate and reinvest revenue earned from other activities, including data sharing, micro-tasks, web browsing, prediction markets and other evolving use cases. (Proactive Investors)

Zeta, a Solana-based DeFi option mortgage platform, announced that it has received a grant from EcoSerum, and will use the funds to accelerate the development of options protocols as a member of the Serum ecosystem.

global policy

Multiple departments in Hainan issued risk warnings: Prevent illegal fundraising in the name of "virtual currency" and "blockchain"

On June 3, the Hainan Province Local Financial Supervision Bureau, the Haikou Central Sub-branch of the People's Bank of China, the Hainan Banking and Insurance Regulatory Bureau, the Hainan Provincial Party Committee Internet Information Office, the Hainan Provincial Public Security Department and the Hainan Provincial Market Supervision Bureau jointly issued risk reminders to remind investors to prevent Illegal fund-raising activities in the names of "virtual currency" and "block chain". Various financial management, network information management, public security and market supervision departments in Hainan continue to maintain high regulatory pressure on "virtual currency" transactions, initial coin offerings (ICOs) and disguised ICOs, and will comprehensively use on-site interviews, administrative investigations, and website closures , criminal cases and other means to crack down. (financial)

Media: Sichuan Virtual Currency "Mining" Symposium Focused on Public Opinion Solicitation, No Resolution Formed

On the morning of June 2, at the research symposium on virtual currency mining organized by the Sichuan Energy Supervision Office, the regulatory department mainly solicited opinions from power and energy companies in the province, but no resolution was formed. According to an insider in the power system of Sichuan Province, the symposium is mainly to discuss the solicitation of public opinion similar to that of power and energy companies in the province. The person said that Sichuan is rich in hydropower resources, and most hydropower companies are not operating at full capacity. It is necessary to consider the actual situation of people's livelihood and power companies, and it must not have negative effects due to virtual currency "mining" activities. In the end, it depends on the unified deployment above. (chain new)

Baotou: Accept reports of virtual currency "mining", and the fake data center will be cleaned up and shut down

The Baotou City Energy Consumption Dual Control Emergency Headquarters Office recently issued the "Announcement on Accepting Letters and Visits and Reports of Virtual Currency "Mining" Enterprises and Personal Issues", stating that it will fully accept letters and visits about virtual currency "mining" enterprises and personal issues. The scope of reporting includes virtual currency “mining” companies (including other hidden forms of “mining” companies and entities), individuals; virtual currency “mining” companies that pretend to be data centers to enjoy preferential policies in taxation, land, electricity prices, etc. and individuals etc. (Financial Association)

UK FCA: A large number of encryption companies do not comply with anti-money laundering regulations and will extend registration applications until the end of March next year

Britain's financial watchdog the FCA said on Thursday that a significant proportion of firms involved in cryptocurrencies did not meet the standards of anti-money laundering regulations, leading to a large number of withdrawals of their registration applications. The deadline for the provisional registration regime has been extended from July 9 to the end of March next year, the Financial Conduct Authority (FCA) said in a statement. The FCA said the extension would allow crypto asset firms to continue doing business while the regulator carries out further checks. (Reuters)

South Korea's financial authorities and industry insiders revealed on the 3rd that the Financial Information Analysis Institute (FIU) under the Financial Services Commission held a "Virtual Asset Exchange Declaration and Registration Guidelines Consultation (tentatively called )” closed symposium. It is reported that 20 virtual asset exchanges in South Korea that have obtained ISMS certification will participate. In the content of the symposium previously disclosed, FIU will elaborate on the government's position on virtual asset management operators and introduce the direction of system improvement in the future. (Yonhap News Agency)