headlines
Xi Jinping: China has decided to apply to join the "Digital Economy Partnership Agreement"
Central Bank: In the future, digital renminbi and cash will coexist for a long time
The People's Bank of China has announced the punishment for refusing to accept RMB cash in the third quarter of 2021. The person in charge of the relevant department of the central bank stated that at present, my country has formed a diversified payment tool system with the coexistence of cash, bank cards, Internet payment, and mobile payment. To carry out the digital renminbi pilot project, electronic payment is not a reason for rejecting cash. The digital renminbi will run in parallel with cash in the future and will not have a major impact on the existing financial system and the real economy. In the future, digital renminbi and cash will coexist for a long time. (First Finance and Economics)
The first domestic digital cultural and creative self-discipline convention was released, resolutely resisting hype with digital cultural and creative works as a gimmick
The "Convention" proposes to resolutely resist any form of virtual currency issuance and speculation using digital cultural works as a gimmick; resolutely resist any form of malicious hype on the price of digital cultural works, and prevent speculation and financial risks. (Interface News)
digital currency
Founding partner of PFR Capital: ETH worth more than $58 million in AnubisDAO was swept away
Jayson, the founding partner of PFR Capital, said on Twitter that a new project called "AnubisDAO" opened an LBP pool on Copper Launch, raised nearly 14,000 ETH in less than 24 hours, and just transferred 13,556 ETH. It just so happened that Ethereum reached a new high today. Based on the calculation of 4301 US dollars, a total of 58.3 million US dollars was taken away, which is about 370 million yuan. Jayson pointed out that AnubisDAO is just a Twitter account registered a few days ago, without a website, white paper, medium, and without any products.
The 13th anniversary of the release of the Bitcoin white paper, BTC has risen by 7,749,999,900%
The Bitcoin white paper was first published by an anonymous person or entity named Satoshi Nakamoto on October 31, 2008, and it has been 13 years since then. The Bitcoin network was launched on January 3, 2009 with a price of $0.0008 per bitcoin. Today, Bitcoin has gradually appreciated 7,749,999,900% since its launch. (Cointelegraph)
The current number of unconfirmed transactions in the entire Bitcoin network is 8117
According to data from BTC.com, the current number of unconfirmed transactions on the entire Bitcoin network is 8117, the computing power of the entire network is 159.09 EH/s, the 24-hour transaction rate is 2.64 transactions/s, and the current difficulty of the entire network is 20.08 T. The secondary difficulty has been raised by 7.79% to 21.65 T, and there are 4 hours and 54 minutes left before the adjustment.
The total amount of Ethereum destroyed exceeds 700,000
Solana Ignition Hackathon@East Asia ended successfully on HackerLink, with 41 projects receiving more than US$240,000 in funding
On October 31, Solana Ignition Hackathon@East Asia ended registration and voting on the DoraHacks developer incentive platform HackerLink. 41 team projects from various regions in East Asia received a total of more than 240,000 US dollars in funding, of which 100,000 US dollars came from Solana Ventures, Quadratic voting prize pool funded by Serum and Slope, $140,000 from community funding. At the same time, StepN and Banksea from HackerLink also won awards in the global competition.
NFT Data Daily: The 24-hour trading volume of The Sandbox increased by 218.30%
According to the latest data from CryptoSlam, the top ten NFT projects in the past 24 hours and their volume rise and fall are as follows: Axie Infinity (+6.23%), Bored Ape Yacht Club (-21.49%), CryptoPunks (-29.10%) , Farmers World (+6.39%), Farming Tales (-2.23%), The Sandbox (+218.30%), NBA Top Shot (-27.91%), Mutant Ape Yacht Club (-34.31%), Colonize Mars (+9.34% ), Art Blocks (-65.35%).
Wormhole, the Solana ecological cross-chain interoperability protocol, tweeted that its TVL has exceeded $500 million.
Blockchain industry
The Beijing Ministry of Foreign Exchange Administration conducts field research on the application scenarios of blockchain platform capital account income payment facilitation authenticity review
In December 2020, the Beijing Daxing Free Trade Zone launched a pilot application scenario for the facilitation and authenticity review of capital account income payment on the cross-border financial blockchain service platform. The platform shares the invoice data of the taxation department through direct interface, which greatly improves the efficiency of banks in verifying the authenticity of corporate invoice information. In August 2021, the pilot program will be expanded to the entire jurisdiction of Beijing, and 8 banks will be registered to carry out pilot business.
In order to understand the business development after the pilot expansion, the Beijing Foreign Exchange Management Department recently visited the Beijing Branch of the Industrial Bank and the Beijing Branch of China Merchants Bank to conduct on-site investigations, and experienced the authenticity of the facilitation of the Beijing Branch of the Industrial Bank to process capital account income payments through the platform. Review and spot check data, and discuss the advantages of China Merchants Bank Beijing Branch's "Invoice Cloud" system for verifying invoices. The survey found that the blockchain platform operates smoothly, the cooperation between enterprises is high, and the efficiency of spot checks is greatly improved compared with manual verification of invoices.
Report: More than 33 provinces and cities across the country have introduced special blockchain policies
According to incomplete statistics, as of now, more than 33 provinces and cities across the country have issued special blockchain policies. In addition to financial incentives, rent reductions, talent subsidies and other support measures, many places have explicitly encouraged the establishment of blockchain in policy documents. Special fund.
The country's first blockchain intellectual property protection workstation was unveiled
Blockchain-based card game Monopoly completes $750,000 in financing through token sale, with participation from X21 and others
Investment and Financing
Blockchain-based card game Monopoly completes $750,000 in financing through token sale, with participation from X21 and others
The blockchain-based card game Monopoly completed a $750,000 financing through token sales, with participation from Dutch Crypto Investors, NFTb, X21, and GEM Capital. Monopolist is the first decentralized version of the Monopoly game. The new funding will fuel the Monopolist team’s technical advancements and marketing activities. A testnet version of the game will go live in November, while mainnet operations are expected to begin in December 2021. (U Today)
The blockchain-based card game Monopoly completed a $750,000 financing through token sales, with participation from Dutch Crypto Investors, NFTb, X21, and GEM Capital. Monopolist is the first decentralized version of the Monopoly game. The new funding will fuel the Monopolist team’s technical advancements and marketing activities. A testnet version of the game will go live in November, while mainnet operations are expected to begin in December 2021. (U Today)
Harmony Grant Hackathon ended at HackerLink, 14 projects received a total of over US$290,000 in funding
YieldFi platform Entropyfi completes USD 1.5 million in seed round and private equity financing, led by 4RC
YieldFi protocol Entropyfi announced the completion of US$1.5 million in seed round and private equity round of financing, led by 4RC, Crypto.com, Hotbit, Woo Ventures, LD Capital, Geek Investment Team and angel investors ChainIDE, DeFi Dad, Mr. Block, Justin Bram Participate in voting. In addition, the Entropyfi team received Grants from Aave and Oasis Foundation.
Avalanche Native Launchpad and IDO Platform Avalaunch TVL Reaches $50 Million
Crypto venture fund Collab Currency raises $60 million for new fund
Ardana, a Cardano-based DeFi protocol, completes $10 million in strategic financing, co-led by Three Arrows Capital and Ascensive Assets, cFund, Morningstar Ventures, Mechanism Capital, Kronos Research, FMFW, MGNR, Selini Capital, Skynet Trading and Portico Ventures participated in the investment.
DeFi protocol Ardana raises $10 million led by Three Arrows Capital and Ascensive Assets
Ardana, a Cardano-based DeFi protocol, completes $10 million in strategic financing, co-led by Three Arrows Capital and Ascensive Assets, cFund, Morningstar Ventures, Mechanism Capital, Kronos Research, FMFW, MGNR, Selini Capital, Skynet Trading and Portico Ventures participated in the investment.
Ardana co-founder and CEO Ryan Matovu said the funding came through a Simple Agreement for Future Tokens (SAFT) sale. The new funds will help build and expand the protocol. (The Block)
Bitcoin miner Rhodium plans to raise up to $100 million in IPO
Rhodium plans to use its proprietary liquid cooling technology to cost-effectively mine Bitcoin. The company says the technology extends the mechanical life of its bitcoin mining machines by 30%-50%. The company expects to add 45 MW of additional power by the end of the year and increase its hash rate to approximately 2.7 EH/s. In addition, Rhodium will launch its second mining facility in Texas by April 2022, and has already purchased mining machines with approximately 225 megawatts of power, which will be delivered in the same month. (CoinDesk)
global policy
Goldman Sachs expects the Fed to raise interest rates in July next year
Goldman Sachs economist Jan Hatzius said he expects CPI, excluding food and energy costs, to remain above 4% when the debt-shrinking program ends next year. In response to the risk of rising inflationary pressures, the Federal Reserve is expected to raise its benchmark interest rate in July 2022 and raise it for a second time in November, followed by twice a year thereafter. Hatzius said the main reason for the new forecast is that inflation is expected to be more stubborn than they had previously expected. Moreover, with inflation well above target and job creation high, officials may conclude that "any remaining slack in the labor market is structural or voluntary." (Finance Associates)
The head of the Constitutional Court of the Russian Federation recently stated that the court will increasingly have to deal with cases involving new types of individual rights. The official believes that some of these will be related to cryptocurrencies and blockchain technology. The chairman of the Russian Constitutional Court, Valery Zorkin, acknowledged that, in terms of protecting human rights, constitutional justice will increasingly be influenced by the emergence of a new generation of rights. These are various rights, including environmental rights, reproductive rights and information rights. Recognizing this, Valery Zorkin pointed out that in the near future, the Constitutional Court will have to take into account these new rights of individuals stemming from the technological revolution when examining complaints filed with the institution. (Bitcoin.com)
Character·Voice
Apple co-founder Steve Wozniak: Bitcoin has a mathematically pure and reliable format
Apple co-founder Steve Wozniak said in an interview with Yahoo Finance that Bitcoin has a mathematically pure and very reliable format that cannot be easily modified under human control, while the government can create new dollars.
American fashion guru Martha Stewart officially enters the digital collection market
American fashion guru Martha Stewart (Martha Stewart) officially entered the NFT market and cooperated with Tokns Commerce Inc. to launch the NFT of Halloween-themed pumpkins for the first time. -to-consumer)" approach. She also plans to launch more seasonal and holiday-related digital collectibles.
Oculus CTO: Meta may not be fully open to the encrypted world
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