News

  • HashKey Capital Investment Manager: Talk about DeFi2.0 that I understand

    Talking about defi2.0 that I understand. At the beginning of the year, I said that defi will not have a big paradigm shift. Most of them are micro-innovations. Optimizing and balancing capital efficiency and money-making effects will become the focus of the next year. Sure enough, most of these defi2.0 projects headed by ohm followed this rule. First, let’s summarize where these projects emerged and why they succeeded. The first is ohm, which is a pure fair launch “community” project. This community means that the main early participants are almost irrelevant to…

    News 2021-10-14
  • Why has Dubai become the vibrant capital of the crypto industry?

    Dubai, UAE is becoming one of the regions where blockchain companies and encrypted asset service providers choose to settle. On October 17, the 2021 Future Blockchain Summit, initiated by the Dubai government, is about to open. The summit is a microcosm of Dubai’s embrace of the blockchain and encryption economy in recent years. As early as 2013, the UAE launched the “Smart Dubai Project”, hoping to improve government efficiency through the use of blockchain technology. In 2020, Dubai released the Blockchain Strategy 2020, emphasizing on building Dubai into the “Blockchain Development…

    2021-10-14
  • Have you used the Chengdu digital renminbi pilot for salaries, shopping, and dining for half a year?

    Number and amount of participants in the first red envelope distribution Ranked in the forefront of pilot cities For the first time, the theme is public transportation Digital RMB pilot interaction Digital RMB for the first time Applied in the field of industrial policy fulfillment … Six months ago, Chengdu Digital RMB began to pilot Half a year has passed, the pilot has many bright spots Did you get it? Chengdu issued a digital RMB gift package worth 52 million yuan August 14 this year is the traditional Chinese Valentine’s…

    2021-10-14 News
  • The leaders of the Group of Seven countries issued the central bank digital currency guidelines, saying that CBDC must meet strict standards

    The Group of Seven (G7) has been discussing central bank digital currencies (CBDC) this week, believing that they should “do no harm” and meet strict standards. On October 13, G7 financial leaders met in Washington to discuss the central bank’s digital currency and passed 13 public policy principles for its implementation. The G7, which is composed of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, stipulates that any newly launched CBDC should “not harm” the ability of the central bank to maintain financial stability. In a joint statement,…

    News 2021-10-14
  • How can a privacy computing company earn one billion a year?

    In February 2018, Wang Shuang, who had done data security research in the United States for more than 10 years, was stopped by an FBI official when he returned home. The other party took out a new Chinese list of “overseas young high-level talents” just announced by China. The name of Wang Shuang happened to be in the list. He is the only expert in the field of medical privacy computing on the list. Prior to this, he traveled back and forth between China and the United States several times…

    2021-10-14
  • People’s Bank of China Governor Yi Gang attended the G20 Finance Ministers and Central Bank Governors Meeting online

    On October 13, 2021, Italy, the presidency of the Group of Twenty (G20), hosted a meeting of G20 finance ministers and central bank governors in Washington, USA to discuss the global economic and health situation, support low-income countries in responding to the impact of the epidemic, sustainable finance, Cross-border payments, international taxation and other issues, a communiqué was issued after the meeting. The Governor of the People’s Bank of China Yi Gang attended the meeting and delivered a speech via video connection, accompanied by Vice President Chen Yulu. The meeting believed…

    News 2021-10-14
  • The Dilemma and Solution of “Illegal Awareness” in Digital Currency Crime

    Currently, digital currency has become an important part of China’s payment system. At the same time, due to the decentralization, anonymity, and openness of digital currency, it also has a certain impact on the security and stability of national financial credit funds. Due to the relatively short development time of digital currency, a legal and regulatory system for digital currency has not yet been formed, and the object of cognition of illegality is the legal standard, which leads to the lack of completeness in judging the illegality of the perpetrator in…

    News 2021-10-14
  • crime? Overseas licensed institutions help domestic high-net-worth individuals buy coins

    Recently, some overseas legally licensed companies have carried out virtual currency sales business in China (hereinafter referred to as “sale business”): customers first purchase virtual currency in RMB from the institution, and then entrust the company to use virtual currency to purchase assets or foreign legal currency overseas . Is there any criminal legal risk to this behavior? Sister Sa’s team will answer this question in today’s article. 1. Prerequisite confirmation Before analyzing the main issues in this article, there may still be some doubts: According to the newly released “Notice on Further Preventing and…

    2021-10-14 News
  • China’s Blockchain companies have exceeded 1,400 operators. How can they drive the acceleration of blockchain application innovation?

    Recently, the Blockchain Application Development Forum of ICT China 2021 High-level Forum was held in Beijing. The statistics revealed at the meeting showed that China’s blockchain industry has made positive progress and has become one of the countries with the greatest potential for the development of the global blockchain industry. In 2020, the scale of China’s blockchain industry has reached 2.78 billion yuan, a growth rate It is 33.7%. At present, there are more than 1,400 blockchain companies in China, and a relatively complete industrial chain has initially formed; there are more…

    News 2021-10-13
  • An overview of the history of BTC ETF applications: 12 in 2021

    Long road, repeated defeats The road to Bitcoin ETF is long. Despite the repeated rejections and delays of the BTC ETF, the crypto industry still seems to be optimistic. Can the SEC finally approve it? Perhaps only time can give the answer. ETF is a publicly traded investment tool that can track the value of related assets; for BTC ETF, the asset is BTC. Supporters of the BTC ETF believe that relatively complex platforms, wallets, and private keys are a huge barrier for new users to enter the digital currency field, and the BTC ETF can allow investors…

    Bitcoin News 2021-10-13
  • Comparing web1 and web2, we have seen the changes in Internet culture brought about by web3

    After receiving a few questions about Web3, I want to write a quick post that delves into Web3. There is no long talk, I will explain it as simply as possible. To understand Web3, let’s first understand the characteristics of Web1 and Web2. Web1: Just read Since the 1980s, the Internet has officially existed. Content creators have a place on the Internet, but most users who used the Internet in the 1990s were consumers of static web pages and rarely produced content. Perhaps it is the result of the shift from print media…

    2021-10-13
  • Will Sidechains be the best solution for Layer 2?

    Sidechains, Chinese translated into the side chain, is compatible with Ethernet Square virtual machines independent block chain. They use their own consensus model and block parameters to effectively process transactions, which can achieve interoperability with the ETH main network, and can also transplant smart contracts deployed on the ETH main network to the side chain, thereby realizing funds and data Cross-chain transmission. Unlike the Layer 2 solution based on the principle of Rollups, Sidechains is responsible for its security and consensus implementation process. There is no need to regularly report the latest status change…

    2021-10-13 Ethereum News
  • Is it compatible with EVM? This is a problem

    The first is the battle for DeFi liquidity, and then there is a craze for NFTs-are we now in the Cambrian explosion of smart contract platforms? The rising prices of Solana, Cardano , Polkadot , Terra, and Avalanche, as well as the market excitement surrounding the launch of Ethereum’s L2 scalability solutions (such as Arbitrum and Optimism, etc.) support this view. However, as Messari analyst Ryan Watkins pointed out in a recent article on the “Smart Contract Platform Battle”, price does not mean everything. As shown in the figure below, measured by TVL (total lock-up value), the actual activities of these platforms are still…

    2021-10-13 Ethereum News
  • Forbes Exclusive: Former SEC Chairman Jay Clayton talks about stablecoins, Defi and Bitcoin ETFs

    Former U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton took over as the regulator in May 2017. ICO was in full swing at the time, and Clayton planned to supervise the industry from the beginning. In this interview, he observed that most people tried to circumvent supervision and expressed surprise. In his view, digital asset tokens or coins are obviously securities. However, many readers may be surprised that Clayton is bullish on the industry. He expects that blockchain will play a key role in capital market infrastructure. Recently, he joined Fireblocks, a multi-billion dollar…

    2021-10-13
  • Does El Salvador’s Bitcoin Law violate the ideals of freedom in the crypto space?

    On June 9, 2021, the Salvadoran Congress voted to approve the proposal of Bitcoin as legal tender submitted by the President , and El Salvador became the first country in the world to recognize Bitcoin as legal currency. September 7, 2021 is the first day that Bitcoin officially becomes the legal tender of El Salvador. In fact, the President of El Salvador, Nayib Bukele, announced the acceptance of Bitcoin as legal tender for the first time at the Miami Bitcoin Conference in June, which won him praise from some well-known members of the crypto community. At…

    News 2021-10-13
  • V God: Ethereum can surpass Bitcoin in terms of price and value storage

    In a recent podcast interview Stakeborg Talks, the Ethernet Square co-founder of Vitalik Buterin frankly talked about the wide range of issues, including the potential of his early attraction to math and problem-solving, decentralized or autonomous organizations of DAO, he The views of the Bitcoin community and NFT. In response to a question about his preference for professional titles, Buterin called himself a philosopher of technology, a term that was a bit of an own. Citing the famous words of scholars and warriors from the Athenian historian Thucydides, Buterin offered his views on the ever-changing dichotomy between…

    2021-10-13
  • US SEC Commissioner: “Safe Harbor” Act will make the ICO problem worse​

    US Securities and Exchange Commission (SEC) commissioner Caroline Crenshaw said that the “safe harbor” proposal would exacerbate the problems that occurred during the initial coin offering (ICO) boom in 2017 and 2018. Crenshaw made the above remarks at the annual “SEC Speaks” meeting this month, and posted his speech on the US SEC website on October 12. This committee member believes that if safe harbor regulations were introduced at that time, the impact on investors and the market would be much greater: “I think the outcome may be worse for investors…

    News 2021-10-13
  • Layer2 has not settled yet: Arbitrum data is bright, ZK system looks to the future

    Recently, Arbitrum on line one of the main network directly promote Ethernet Square to usher in a new high point, the discussion on the Ethernet Square has become very hot, in advance ETH process 1.0 ETH2.0 entered in, Layer2 are directly related to the development of large Ethernet Square The ecology is closely related, and it can be said to be the “sword of justice” to solve the current stubborn problems of Ethereum’s expansion. The layout and exploration of Layer 2 is not a matter of the past two years, but the Rollup system that can…

    2021-10-13 Ethereum News
  • Tesla is selling crazy Q3 delivery surge performance can exceed expectations?

    Since September 8, Ms. Mu has reduced Tesla shares ten times and sold more than 970,000 shares worth approximately US$768 million. This means that she has sold more than one-fifth of her holdings within a month. Sister Mu Mu’s operation is not optimistic about Tesla’s Q3 performance? According to official website news, Tesla will announce its third quarter 2021 financial report after the US stock market closes on October 20, 2021. According to Bloomberg analysts’ expectations, Tesla’s revenue in Q3 2021 was US$13.527 billion, an increase of 54.2% year-on-year; adjusted net profit was…

    2021-10-13
  • Looking at Money Laundering from the Case of “Cracking Money” in Hong Kong

    Relying on the wide application of Internet technology, a wide variety of financial products for people to choose from floods the market. As the most mature application of blockchain technology, virtual currency may be used by criminals for its anonymity, decentralization, and difficulty in tracking. , Global liquidity, transaction convenience, irrevocability after transaction, diversity of holding methods, etc., used for money laundering. Coin-crashing cracks a virtual currency money laundering case in Hong Kong On July 15, 2021, the Hong Kong Customs announced that the recently conducted law enforcement action code-named…

    News 2021-10-13