区块链早报5月16日新闻,区块链早报5月16日

5月16日，区块链早报报道，当前区块链技术正在发展，可以用于各种应用场景。今天，我们来探讨三个相关关键词：区块链技术，去中心化金融和智能合约。

区块链技术

区块链技术是一种分布式数据库技术，它使用密码学算法来确保数据的安全性和完整性。它是一种分布式账本技术，可以用来存储和管理交易数据。它可以用来记录所有类型的交易，包括货币、资产和合同。它可以追溯到每一笔交易，从而使交易过程透明、可追溯和不可篡改。

去中心化金融

去中心化金融（DeFi）是一种以区块链技术为基础的金融服务，旨在提供更加安全、可信赖和可追溯的金融服务。它主要利用智能合约技术，可以自动执行金融交易，使金融服务更加便捷、安全和透明。它可以支持各种金融交易，包括抵押贷款、资产交换、保险、投资等。

智能合约

智能合约是一种可以在区块链上自动执行的计算机程序。它可以实现自动执行合同，无需第三方的介入，从而减少了交易成本和时间。智能合约可以实现自动执行，并可以追溯到每一次交易，从而使交易过程可追溯、安全和可靠。

总之，区块链技术、去中心化金融和智能合约都是当前发展最快的技术，它们可以用于各种应用场景，为金融行业带来新的发展机遇。

请查看相关英文文档

❶ What is blockchain pledge? Is blockchain pledge safe?

What is blockchain pledge? Many people have heard of this topic, but not I don’t know what this means, and I don’t know whether blockchain staking is safe or not. Let’s take a look with the editor. I hope this article can help you.
What is Blockchain Staking
Cryptocurrency staking is a process that involves submitting your crypto assets to a blockchain network and confirming transactions. Many blockchains use a proof-of-stake consensus mechanism. Under this system, network participants who want to support the blockchain by validating new transactions and adding new blocks must "stake" a certain amount of cryptocurrency.
Staking helps ensure that only legitimate information and transactions are added to the blockchain. Participants try to get the chance to validate a new deal that offers locked cryptocurrency limits as a form of insurance.
If they mistakenly verify flawed or fraudulent information, they may lose some or all of their equity as a penalty. However, if they verify correct, legitimate transactions and data, they will be rewarded with more cryptocurrency.
Benefits of Staking Cryptocurrency:
- It is an easy way to earn interest on your crypto assets.
- You don’t need any equipment for crypto staking, just like crypto mining.
-You are helping to maintain blockchain security and efficiency.
-It is more environmentally friendly than crypto mining.
The important benefit of staking is that you can earn more cryptocurrency and the interest rates can be very generous. Under some conditions, you can earn more than 10% or 20% per year. This can be a very profitable investment method. And, the only thing you need is a cryptocurrency that applies the proof-of-stake model.
Is blockchain staking safe?
Whether staking mining is safe is a matter of opinion. As we all know, the goals of staking mining are as follows:
(1) How many levels are written in the pledge amount? As far as I know, it should be possible to pledge as long as the multiplier is 10.
(2) If you only pledge 10 QKF, you cannot transfer it out. The portion exceeding 10 QKF can be transferred out without limit. The meaning of this is, of course, to lock 10. Because we are looking at long-term profits, this point does not have much impact.
(3) In the early stage, due to consideration that some customers will not be able to operate QKFILE nodes, it is not mandatory to operate QKFILE PC nodes in the early stage. This is quite user-friendly, considering that most users may not know how to do it yet, so take your time to undress. Study first.
(4) Staking mining does not have the same profit every day, but a cycle of 7 days. The profit on the first day is 0.5%. In the next 6 days, the profit increases by 0.1% every day until the profit on the seventh day is 1.1%, then returned to 0.5% on the eighth day, and the cycle continues. If it is interrupted halfway, for example, if you withdraw QKF, and you pledge for mining next time, you will still start from 0.5%.
(5) Receiving profits is the same as opening QKF, not once a day, but every 24You can only collect it once per hour. If you collect it at 8 o'clock today, you can only collect it after 8 o'clock tomorrow. It is recommended that everyone set an alarm clock and never forget to clock in on time.
(6) On average, the average daily return is 0.8% and the average monthly return is 24%. For long-term investment, this rate of return is extremely high.
In addition, there are risks in staking mining, so no one can completely guarantee that staking mining will be safe.

❷ Will Gyrocoin be launched in 2022

Many brain tumor patients have lost confidence in life and give up on themselves all day long. Here, experts tell everyone that suffering from brain tumors People with brain tumors should not despair of life, and should pay more attention to the diet and health care of brain tumors. So what is the best food supplement for brain tumors? here we come to find out.

What is the best supplement for brain tumors?
We know that traditional Chinese medicine attaches great importance to diet therapy. The diet therapy and nourishment of traditional Chinese medicine not only focus on the nutrition of food, but also focus on the nature, taste, meridian distribution and function of food. From the perspective of traditional Chinese medicine, all foods are functional foods and have medical value. The brain tumor dietary remedies listed below have been clinically tested by traditional Chinese medicine and proven to be very effective. Brain tumor patients may wish to give them a try.

1. Brain "leek zygotes (or steamed buns)" for brain tumor dietary therapy
[Raw materials] 1 pig brain (cow, sheep, dog, rabbit brain is also acceptable), the amount of leeks is 4 times that of pig brain. [Preparation method] Steam the pig brains and cut them into small dices, wash and mince the leeks, add an appropriate amount of oil and salt, mix well to form a filling, bake it with white bread and cook it, or make steamed buns and eat it.
[Function] Tonify kidney and essence, nourish blood and moisturize dryness, nourish brain and marrow. It is suitable for patients with nervous tissue malignant tumors and lymphoid and myeloid leukemia who suffer from deficiency of essence and blood, fatigue and fatigue.

2. "Garlic sprouts and meat buns" for brain tumor diet
[Ingredients] 8 portions of garlic sprouts, 2 portions of lean meat.
[Preparation method] Make stuffing with garlic sprouts and pork according to 8:2, season, make steamed buns, and steam.
[Function] Nourish the kidneys and blood, moisten dryness and promote qi, detoxify and kill insects. Suitable for patients with all malignant tumors, leukemia, osteosarcoma, etc.

Many friends are extremely scared when it comes to brain tumors, because brain tumors cause many patients and their families to suffer and seriously threaten people’s health. Experts say that only by understanding the causes of brain tumors can we better prevent and treat them.

❸ Blockchain Case｜Backing up Peking University and trying to make a fool of yourself—difficult!

The story starts with the blockchain project. We know that many of the founders of blockchain capital have backgrounds in prestigious universities, especially those from Peking University, Qingdao University and top foreign universities. This is not a coincidence. , as far as I know, entrepreneurs or partners are much more diligent than you think. Of course, most of them have good educational backgrounds, and they will naturally pay attention to trends.

However, a small number of capitalists like to use their educational background to sugar-coat their jobs in Gaofu.

Why? I believe you and I both know that we haven’t said anything orIt's hard to explain.

Today, let’s take the Hero Entertainment Chain, which has been widely notorious in the chain currency circle for more than half a year due to air currency, as an example:

The Hero Chain public account has been suspended for more than a year.

"In May of this year, CCTV News directly named the Hero Chain project, accusing it of committing false fraud in the name of tokens. As the sales director of Hero Chain, Peking University talent Liu Hongyuan became the target of public criticism after the incident. .

After the incident, Liu Hongyuan ran away to Singapore, and Hero Chain CEO Gao Zhun also led his team to Cambodia." - The little monster next door.

What is the Hero Entertainment Chain? Who are the people on the platform?

"Hero Chain (HEC) was launched in January this year. It is a gambling game platform that supports digital cryptocurrency. The project CEO is Micro Motion."

Hero Chain White Paper:< br />
Who is Liu Hongyuan, and how did he get involved in the hero chain?

Liu Hongyuan, former president of Peking University Venture Capital Research Association. As an angel investor, Chen Manli had an educational background at Tsinghua University that could easily connect with college students. She took a fancy to Liu Hongyuan, who was anxious about starting a business.

“In addition to Liu Hongyuan, people who participated in proxy investment include Wang Dapao, Mr. Bai, Bit Wu, etc. These people have contributed to the sales of Hero Chain.”
< br />As can be seen from the white paper, Hero Chain tokens are stipulated not to be circulated within one year and will be locked. Funds raised are used for development.

The manipulator behind the Hero Chain Entertainment Chain is actually Hash Capital Chen Manli.

So, who is Chen Manli?

She works in ten companies including Dream Peak Technology Co., Ltd., and holds senior management positions. There is also Tsinghua Macquarie Master of Applied Finance, which can connect university students as teachers.

Hash Capital where Chen Manli works - background introduction

Hash Capital is a digital asset investment research institution co-founded by Mr. Deng Deyan and Mr. Nick.Fu (Fu Xiaoming). The founder, Deng Deyan, holds a master's degree in applied finance from Tsinghua Macquarie. He was a foreign exchange analyst at a well-known Australian financial institution and has many years of experience in securities foreign exchange and spot trading. Mr. Fu holds double degrees in law from Renmin University of China and communications engineering from Wuhan University of Technology.

Hash Capital and Asia-Pacific Blockchain Business Applications

Hash Capital has raised 3 funds since its establishment, totaling tens of millions of dollars, focusing on the Asia-Pacific market Blockchain business applications and digital asset-related projects. The projects invested by Hash Capital have gradually formed a coverage of the entire blockchain industry chain, includingSmart contracts, securities transaction settlement, identity certification, distributed accounting, e-commerce, data API and blockchain infrastructure and other fields. Investments include IPTChain, KTrade, Loopring, Qcash, CoinMeet, Halal Chain, Nuls and many other high-quality digital assets.

Comments on mutually reinforcing each other:

Long titles are normal among project founders. After all, blockchain projects do not necessarily require an actual company, and a chocolate office like the Newton project is acceptable. How founders make themselves known to investors is a problem. Therefore, the founders of each project party will have separate titles. People who have experience leading projects are more likely to win the trust of investors.

Create a conversation that is not a joke:

"What do you have?"

"I have a Title."

This shows the importance of titles in the blockchain industry. Dialogue is dialogue, and the founders of the project are still very capable and have professional knowledge background.

From the perspective of covering the entire investment industry, it gives people a professional and grand feeling. It is such a tall-looking organization that hides Chen Manli, the manipulator behind the Hero Chain Entertainment Chain.

Being like a rat with Peking University on your back—difficult!

Why do Chen Manli and other small capitals like to station themselves in Gaofu and sugar-coat things? !

Peking University has administrative status and potential value in the consciousness of the Chinese people

When talking about Peking University, do you feel the same inexplicable heat in your chest as I do at the moment? You have not received its blessings, but you seem to have received them. Surrounded by great benefits. I want to say more but I'm afraid I won't be able to say enough. Peking University Peking University adheres to the principle of freedom of thought and embraces inclusiveness. Probably because Peking University belongs to the Chinese people, not you and me.

1. Taking Peking University as an example, its administrative status makes it more than just an institution

.

Peking University once held the status of the capital, starting from the position when Peking University was founded. By definition, it is the only school established as the country’s highest institution of higher learning in modern China. Initially, it was also the country's highest educational administrative agency, exercising the functions of the Ministry of Education and overseeing national education.

It can be seen that the administrative functions of Peking University have historical origins.

Even if you and I don’t remember him for a moment, we think he is an ordinary student or teacher. But some things are really subtle, and many people and rural parents have a brand-like influence on their subconscious minds, just like the widely spread Nainai Temple.

2. Even if the Chinese people’s sentiments about the Peking University and the Qing Dynasty are not deep, they are not shallow either

As a normal Chinese child when I was a child, I believe that everyone was the same, and they must have been instilled with different cultural backgrounds in childhood. But the Peking University Qing Dynasty has the same meaningThe adults gave eulogies in the halls of Beijing universities such as Renmin University. It is undeniable that I also have feelings for Peking University and Qing Dynasty. These feelings are often for people because the masters gave speeches at Peking University. I don’t have many impressions of Peking University, but it’s not shallow either. This influence was so great that when the top scholar in science in Sichuan Province wanted to describe himself as a three-dimensional person rather than a learning machine, he still chose to write "Peking University is my beautiful and shy dream". In human terms, it was for Peking University. As a PR person, I am well aware of the issue of Peking University’s status in the hearts of Chinese people.

Therefore, it is understandable that Peking University is uneasy at this moment.

She, Chen Manli, is still the same, with the same appearance, a teacher title on her head, and the Global University Blockchain Entrepreneurship Leaders Alliance (the launching ceremony of the Global University Blockchain Entrepreneurship Leaders Alliance is July 25 From 14:00 to 16:00 in the afternoon, the Blockchain Leaders Event (Blockchain Leaders’ Consultants) held in Room 601, Building C, Mingde Building, Renmin University of China, No. 59 Zhongguancun Street, Haidian, Beijing, once again targeted students from Peking University and other universities.

If today’s entrepreneurial teachers and students hold Peking University’s back and want to be like a rat, it’s hard!!!

Because of the rat shit in the Beijing University, Liang Hongzhi, Shi Ping, Zhang Zongxiang, etc. Aren't they just ordinary people? !

If you ask some old alumni of Peking University who are also managers, are they involved in blockchain? Is it true?

The article has been abridged. For the full version, please go to the public account [OnlyTimeKnow] to reply to "I want to do rat shit on my back to Peking University."

Shun Song Angel~

❹ Blockchain 0213 Morning News | Grayscale plans to double the number of employees in 2021

Dogecoin One of the founders, Billy Markus, recently wrote a letter to all Dogecoin enthusiasts on Reddit. He said in his heart that he had sold all Dogecoin in 2015. At the same time, he emphasized that the true value of Dogecoin is Value is not about pulling the market and smashing the market, but the "positive energy" it brings to the world. The presence of joy, kindness, learning, giving, empathy, fun, community, inspiration, creativity, generosity and more makes him feel that Dogecoin deserves to exist. If a community embodies these things, that's real value.

According to Lianwen News, The Block quoted sources as saying that Dapper Labs, the development team of popular NFT projects such as Crypto Kitties and NBA Top Shot, is conducting a new round of US$250 million in financing, led by Coatue Management, a hedge fund with nearly $25 billion under management, led the investment. This round of financing will bring Dapper Labs’ valuation to $2 billion.

Filescout.io data shows that the top two in computing power are f0.1248 75.13 PiB, f09037 32.45 PiB.

According to Lianwen News, the decentralized trading protocol 0x plans to complete decentralized governance in phases. First, it will be funded by 0x Labs to establish 0x DAO. At the same time, a group of guiding representatives will be designated to guide the initial decentralization of governance power. step. An individual or entity known as a “0x DAO MVP” will delegate sufficient voting rights to create Treasury proposals and execute them with complete autonomy. The 0x DAO MVP will include an on-chain bonded governance feature that will only control the community treasury but not updates to the core protocol. ...

According to Finance Magnates news on February 13, Italy’s national securities regulator (CONSOB) said today that it held a webinar with “some major players” in the financial market to discuss Regulation of security token issuances. But details about the matter were not disclosed. Finance Magnates commented that this shows that CONSOB is actively developing relevant regulations that may one day legalize the issuance of security tokens.

According to Lianwen news, the 1inch (1INCH) foundation, an on-chain transaction aggregator, airdropped 15.055 million 1INCH tokens to the crypto community at 1 am on February 13, Beijing time. The current value is approximately $80 million. The airdrop objects are: 3.57 million 1INCH were distributed to 1,308 participants in the second liquidity mining plan; 4.8 million 1INCH were distributed to 9,094 users who interacted with Mooniswap before December 24, 2020, and 1INCH was distributed to limited users. 310,000 1INCH were distributed to price order users; 375,000 1INCH were sent to Argent, Authereum, Gnosis and Pillar wallets; 6 million 1INCH tokens were airdropped to some Uniswap users. The conditions for Uniswap users to obtain airdrop tokens must be at least Interacted with Uniswap within 20 days and conducted at least three transactions in 2021, and did not interact with 1inch or Mooniswap.

According to the US "Business Insider", Grayscale plans to double the number of employees in the company in 2021. Grayscale, like other crypto venture capital firms such as Galaxy Digital and Polychain Capital, has stepped up its hiring efforts as digital currencies become more mainstream. Grayscale is actively recruiting software engineers, marketing directors, and social media experts. Grayscale CEO Michael SonnEnshein said in an interview that the company prefers to hire people with traditional financial backgrounds and more than 20 years of work experience. But now the company is hiring for more entry-level positions, he said. He said: "As we make decisions quickly, having a diversity of opinions and perspectives will be very helpful."

According to The Block on February 12, the New York-based mobile banking company MoneyLion announced that it will launch a new crypto platform that allows customers to trade, store and earn rewards on digital assets and make peer-to-peer payments using crypto wallets. In addition, the company will merge with blank-check company Fusion Acquisition Corp. to go public. It is reported that MoneyLion was founded in 2013 and currently provides a range of financial services, including loans, investments and banking services to its 7.5 million customers.

According to BeInCrypto news on February 12, Michael Gebert, chairman of the European Blockchain Association, said in an interview that for the future of Diem (former Libra), he believes that by hiring a large number of former political and technical veterans Neutralizing major objections to Libra's original plans will strengthen the project with new strength. Regarding whether the new name of Diem will become a new chapter in the development of the Libra project, Michael Gebert said that international remittances and commercial payments are still the two main use cases of the new stable currency. For mainstream cryptocurrencies, the appeal remains in the decentralized governance model and various use cases that extend well beyond the scope of Diem. Diem needs to comply with and comply with international rules, and the future will prove whether this measure is enough to regain regulatory trust.

According to The Daily Hodl on February 12, Amazon has deleted a previously posted job advertisement involving the launch of a digital currency project in Mexico. However, the recruitment information titled "Chief Technical Project Manager-Digital Currency" is still there. It is not yet clear why the recruitment information was removed, and it is not ruled out that the Amazon team has recruited corresponding talents.

On February 12, XRP Forensics, an analysis team that processes XRP data, spoke on Twitter with Curis Wang, CEO of digital currency exchange Bitrue, saying that Bitrue had frozen the accounts of a group of traders. Not only were they denied access to their account, but they also had no means to recover their account. XRP Forensics filed a complaint saying that if these traders violated any rules, the exchange should provide them with evidence or a way to withdraw their funds. According to the tweet, Bitrue stated that the reason for the freeze was suspicion that multiple users had been using the same account and that the traders were suspected of money laundering.

According to PR NewsWire February 12According to Japanese news, crypto asset brokerage Voyager Digital completed a US$100 million private placement of common stock.

According to The Block on February 12, crypto asset lending platform BlockFi is conducting Series D financing with a pre-financing valuation of US$2.85 billion. At the same time, the company plans to launch a new credit card product by the end of the year and plans to raise $150 million before going public.

Asset Dash data shows that the market value of Ethereum has surpassed ExxonMobil, ranking 42nd in global assets, and is currently approximately US$212.82 billion. It is reported that ExxonMobil is the world's largest non-governmental oil and gas producer.

Digital currency exchange Coinbase said it is investigating transaction delays on Ethereum and ERC-20.

According to AMBCrypto news on February 12, Cardano founder Charles Hoskinson said that he is planning more than a hundred commercial projects that want to migrate to Cardano or build on Cardano.

According to Lianwen News, Compute North, an American Bitcoin mining infrastructure provider, announced that it has raised US$25 million in debt financing and equity financing. The bond financing came from the American private company Post Road Group, which Focuses on private credit and private equity investments in the telecommunications, media, technology, business services and real estate sectors. Compute North currently has a total operating computing power of 920 PH/S and is expected to double that.

According to Lianwen News, Finance Magnates reported that kunbek Abdygulov, chairman of the Central Bank of Kyrgyzstan (NBKR), said that the country’s central bank plans to grant licenses to cryptocurrency exchange operators. It explained that the licensing system helps eliminate the risk of fraud regarding crypto exchanges.

According to Lianwen news, the order book-based decentralized exchange dex.blue has been renamed atomic.blue and will focus on developing DEX aggregators. According to a tweet posted by yearn.finance (YFI) founder Andre Cronje, the atomic.blue team is suspected of having released a beta participation qualification certification website. In addition, according to the official dex.blue page, dex.blue will be deprecated at the end of February 2021 and currently only provides withdrawal services.

Lianwen news, the on-chain options protocol FinNexus (FNX) community has passed the customsProposal to destroy some FNX tokens. The FinNexus team has completed the destruction today, with a total of 292,601,955 FNX destroyed, accounting for 62.38% of the total initial issuance, which means that more than half of the FNX tokens have been destroyed.

According to Lianwen news, Bloomberg quoted a senior official of the Indian Ministry of Finance as saying that India is expected to ban the use of cryptocurrencies in any form as planned, but will provide 3 to 6 A transitional period of one month for the company to complete its liquidation. ...

According to Lianwen news, the decentralized service platform Avalanche (AVAX) stated that it has released the new client AvalancheGo V1.2.0 and urges Avalanche validators to update their nodes to maintain network continuity. sex. This upgrade resolves transfer performance issues between the X chain (i.e. DAG), C chain (smart contract platform) and P chain (validator account management). ...

Lianwen news, according to Xinhua News Agency, Zhang Zhenfeng, a researcher at the Institute of Software, Chinese Academy of Sciences, and his team made a creative breakthrough in the research on the Byzantine Fault Tolerance (BFT) consensus, the core technology of blockchain. The results were presented at the 27th International Conference on Computer and Communications Security. The research team proposed the Dumbo Byzantine Fault Tolerance (DumboBFT) algorithm, which solved the theoretical problem of asynchronous consensus algorithm design, greatly improved the performance and comprehensively surpassed the Honey Badger Byzantine Fault Tolerance (HoneyBadgerBFT) algorithm currently used in the industry, and can provide my country's blockchain infrastructure construction provides a new generation of technology with strong security, high performance, and scalability.

According to Lianwen news, Polkadot ecological smart contract platform Plasm stated that it has successfully implemented the use case of transferring the native token PLM to Polkadot DeFi platform Acala locally, and will then build the next cross-chain on Rococo. Example.

According to Lianwen news, the AMM decentralized exchange ZKSwap (ZKS) based on ZK Rollup expansion technology is expected to complete the mainnet deployment at 20:00 on February 14, and will remove ZKS today. 50% of the liquidity on Uniswap to be added to ZKSwap before the mainnet goes online. In addition, ZKSwap will distribute a total of 5 million ZKS. The staking activity will start when the mainnet goes online. The first phase of the activity will last for 2 weeks, with a total of 1 million ZKS distributed linearly at a constant rate. Liquidity mining will distribute 1.5 million ZKS, supporting trading pairs of ZKS, wBTC, HBTC, ETH, and USDC against USDT. The activity lasts for one week. Transaction-as-mining activity will be distributed1.5 million ZKS, supporting 10 trading pairs of ZKS, SUSHI, UNI, 1INCH, LON, WQTUM, AAVE, LRC, ALPHA and DODO to be exchanged for USDT. The activity lasts for one week. ...

According to Lianwen news, New York mayoral candidate Yang Anze in the United States tweeted, "If the election is successful, he will be committed to building New York City into a hub for Bitcoin and other cryptocurrencies."

According to Lianwen news, Coinbase Custody now supports deposits and withdrawals of SushiSwap token SUSHI and payment integration solution Utrust token UTK.

According to Lianwen News, Tezos core developer Nomadic Labs discovered a critical vulnerability in Edo’s new ticket function. Edo is a new version of the Tezos protocol expected to be released on February 13, 2021. After the vulnerability was discovered, Tezos eventually chose to release a v8.2 fix on February 10, which included Edo’s patch. Officials say that nodes running v8.2 will automatically adopt the patched version instead of the original version of Edo. It requires any node to immediately upgrade it to the new version v8.2. Nodes running v8.1 or earlier will not be able to communicate with the new chain.

At 17:00 on February 7, LianAn Finance invited three heavyweight guests from Asclepius, the 2010 Nobel Prize winner in physics Andre Geim and the 2006 Nobel Prize winner in physics The winner and Asclepius Chinese community PR Li Pei came to the Lian'an interview room to share the theme of "Asclepius, the God of Medicine and the King of Global Intelligent Medical Care". During the live broadcast, Li Pei shared that Asclepius is a medical intelligent public chain enterprise, a company with the theme of "medical care". , payment, lending, personalized payment". In the future, it will be a parallel chain based on the Polkadot relay chain. It can be a multi-chain public chain and aims to become the most outstanding graphene parallel chain in the field of Polkadot ecological medical care. chain. Asclepius' innovative operation combined with blockchain technology makes it possible to use innovative drugs or the best medical services to solve a large number of difficult-to-treat diseases in the most efficient way. At present, the Asclepius team has more than 50 experts in the medical industry and blockchain industry, and has in-depth cooperation with several top medical laboratory institutions in the world. The core team members are involved in the fields of innovative drugs including (antidepressant drugs, specific cancer drugs, COVID-19 vaccines, eye care drugs, etc.) and have made excellent progress.

12:00-21:30Keywords: IOTA Foundation, EuropeEuropean Central Bank, eToro Data, MicroStrategyCEO 1. IOTA Foundation releases decentralized oracle solution 2. European Central Bank Executive Committee member: Digital euro will provide a simple, safe and reliable payment method 3. Viewpoint: Tesla buys Bitcoin Coin is a harbinger of the massive popularity of BTC 4. eToro data: The average age of Bitcoin investors is 35 years old, and 85% are men 5. MicroStrategy CEO: Bitcoin is the scarcest asset in the world, it is digital gold 6. Finance Minister of India : Expert panel proposes a ban on private cryptocurrencies 7. KeepChange suffered an attack. Bitcoin was not stolen but user data was lost 8. Data: There were 1,328 transfers of more than 100 BTC yesterday

News on February 9, yearn.finance officially tweeted that the yDAI vault has been restored. Yearn and YFI jointly opened a maker vault to mint 9.7 million DAI and make the yDAI Vault complete. This was a "celebration with ceremony", don't expect it to happen again and make sure you have insurance next time.

Alpha Finance proposes a more secure method to obtain the price of LP Token, making quantity control attacks infeasible or very costly.

Lianwen News, Ethereum 2.0 client Nimbus released v1.0.7 version, which provides additional slashing protection services and further improves performance. This release also introduces optimized batching of BLS signature verification (faster synchronization and reduced CPU load), and further improvements to subnet roaming attestation (reduced bandwidth and CPU usage). Lianwen previously reported that Nimbus released the v1.0.0 candidate version in November 2020 to support the launch of the Ethereum 2.0 genesis block.

According to Lianwen news, the high-performance public chain Solana announced that it has officially launched the Ethereum two-way cross-chain bridge Wormhole, allowing users to convert ERC20 tokens into Solana’s SPL standard token for use in DeFi applications. middle. Wormhole allows users to lock ER20 tokens in Ethereum smart contracts and mint corresponding SPL tokens on Solana. To achieve this, it will rely on a series of "cross-chain oracles" called "Guardians", which will be composed of a group of node operators, including top Solana validator nodes and Other system stakeholders have interests that are highly aligned with Solana and Serum. Officials say that in the coming weeks, WormholeSupport for Terra will also be added and upgraded to a three-way cross-chain bridge. Additionally, Solana will work with the wallet team to integrate Wormhole-powered cross-chain transfers into the application.

This is actually the core idea of ​​the FRI protocol. Next, let us introduce the process of the FRI protocol in detail.

Lianwen news, Polkadot ecological basic protocol Bifrost announced that it has successfully integrated the cross-chain DEX protocol Zenlink cross-chain module, and realized cross-chain asset transfer between parallel chains based on Rococo V1, and also released a cross-chain Demonstration video of chain asset transfer. Lianwen previously reported that in December 2020, Bifrost announced a cooperation with Zenlink. The two parties will conduct in-depth cooperation on Polkadot Staking liquidity and DEX, including providing technical support, community cooperation, ecological construction, market expansion, etc. In addition, Bifrost will explore cooperation with Zenlink on Rococo V1 to optimize the vToken trading experience by integrating Zenlink DEX mole.

Nodle scales the network through software and a connectivity proof algorithm based on the number of base stations, network bandwidth and geographic coverage.

The Enterprise Ethereum Alliance (EEA) investigates the smart contract languages, development tools, and clients used by developers.

Why is ChainAPI a major iteration of the oracle API market Honeycomb?

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Minting function, whitelist function and freezing function.

According to Lianwen News, Polkadot DeFi project Equilibrium launched the Ethereum cross-chain bridge, which can bridge Ethereum and ERC-20 tokens and is fully compatible with the DeFi service suite. This crypto infrastructure originally came from Chainsafe, and Equilibrium modified it slightly to make it more suitable for the project. Specifically, Equilibrium uses Web3 to handle Ethereum contracts instead of Chainsafe’s console tools, makingTwo-way bridging is possible, and ERC-20 tokens can be freely converted to and from the Ethereum blockchain. In addition, Equilibrium set up a system to log bridging activity, stress testing against things like parallel work requests and hacking attacks.

According to Lianwen news, Grin developer David Burkett, who is funded by the Litecoin Foundation, tweeted, "The initial code of the Litecoin MimbleWimble protocol will be completed and the review is expected to be completed on March 15.". ..

❺ Deciphering Coinbase, the first cryptocurrency stock: risks, opportunities and future prospects

On February 25, 2020, Coinbase officially submitted a listing application to the SEC, planning to list its A Class common shares are listed directly on the Nasdaq Global Select Market. This article starts from the development background of the blockchain industry and encrypted digital market, and conducts an in-depth analysis of Coinbase’s business scope, revenue structure, target groups, operating performance, profitability and other factors. Finally, this article gives Coinbase's future outlook on the risks and opportunities that cryptocurrency exchanges will face.

From the perspective of industry development, in recent years, various countries have successively introduced blockchain support policies, and the epidemic has also promoted blockchain R&D investment in various industries; the scale of the cryptocurrency market has grown rapidly, reflecting The market value increased by as much as 293.1% in the past year. The market value of Bitcoin alone has exceeded that of well-known companies such as Tesla, Tencent, Alibaba and Facebook. Institutions rushed to increase their holdings of cryptocurrencies, fueling the bull run in the cryptocurrency market.

From the perspective of company operations, Coinbase's business scope is diversified, mainly providing online trading platforms, and additionally providing subscription items, services and other businesses, which effectively reduces the volatility of income. Coinbase became profitable for the first time in 2020, with a net profit of $320 million. In terms of profitability indicators, Coinbase’s ROE and ROA both surpass those of major traditional exchanges. According to DuPont analysis, asset turnover rate is the main contributor to ROE growth, equity multiplier is at the bottom of the industry, and other indicators are basically the same as the three major traditional exchanges. From the perspective of capital structure and debt repayment ability, Coinbase has strong growth capabilities. The net profit attributable to the parent company at the end of 2020 increased by 1247.35% year-on-year; the asset-liability ratio has been increasing year by year, indicating that it has confidence in the company's operations and has the ability to bear the interest and risks of debt. .

From the perspective of future development, Coinbase is subject to increasingly stringent legal and regulatory requirements globally. To this end, Coinbase has had to increase its investment in compliance to meet legal and regulatory requirements. On the other hand, with the rapid development of the encryption economy, Coinbase has huge opportunities to further expand its business territory and operating income, and continue to maintain its leading position in the encryption industry.

Table of Contents

1. The Surabaya coast is prosperous, and the boundless scene is new: the first digital currency stock to be listed on Nasdaq?

2. Dapeng rises in one day and soars to 90,000 miles: Coinbase is listed at this time

2.1 Countries have successively introduced blockchain support policies, and the epidemic has promoted blockchain research and development Investment

2.2 The global cryptocurrency market is developing rapidly and remains strong

2.2.1 Bitcoin has a market value of over one trillion and is firmly on the Diaoyutai River

2.2.2 The COVID-19 epidemic is the ignition point, and institutions are rushing to promote it

3. The mountains are beautiful and the snow is floating in the clouds: Coinbase competitiveness analysis

3.1 The diversification of business scope effectively reduces the income Volatility

3.2 “*****” or “honey”, Coinbase takes advantage of the trend

3.3 Coinbase’s key business indicators perform well

4 students Out of danger, a butterfly emerges from the cocoon: Risks and opportunities of cryptocurrency exchanges

4.1 From national scope to business involvement, exchanges face complex risks

4.2 Cash flow is abundant and new products are introduced , the future of exchanges is bright

1. Digital currency exchanges listed on stock exchanges: the starting point or the end of the crypto industry?

On February 25, 2020, Coinbase officially submitted a listing application to the SEC, planning to directly list its Class A common shares on the Nasdaq Global Select Market (stock code "COIN"). Coinbase is a cryptocurrency exchange headquartered in the United States. Its users are located in more than 100 countries, with approximately 43 million certified users, 7,000 institutions and 115,000 ecosystem partners. Its business scope covers investment, consumption, savings, Earn and spend cryptocurrency. If Coinbase is successfully listed, it will become a milestone event in the encryption industry.

Between 2012 and 2020, the overall market capitalization of crypto assets grew from less than $500 million to $782 billion, a compound annual growth rate (CAGR) of more than 150%. During the same period, Coinbase's retail users grew from approximately 13,000 to 43 million, and the number of institutions increased from more than 1,000 in 2017 to 7,000 in 2020. As of the end of December 2020, customers' total trading volume on the Coinbase platform exceeded $456 billion and more than $90 billion worth of assets were stored on the company's platform. Currently, Coinbase has grown into a leading provider of financial infrastructure and technology in the crypto-economy sector.

2. Coinba stands at the forefrontse: The blockchain industry and digital currency market are growing rapidly

2.1 Countries have successively introduced blockchain support policies, and the epidemic has promoted investment in blockchain research and development

In 2020, the new crown epidemic has brought The increase in global uncertainty and distrust has promoted R&D investment in blockchain technology. According to the China Patent Protection Association's "Global Authorized Patent Report in the Blockchain Field in 2020", from the perspective of not distinguishing between virtual currencies, public chains and alliance chains, as of May 2020, there are 100,000 patents in the blockchain field worldwide. 3924 authorized patents. Among them, the United States accounts for 39%, South Korea accounts for 21%, and China accounts for 19%.

Currently, the development of blockchain technology has also attracted great attention from governments of various countries. Governments of various countries have rushed to issue a number of documents and policies to promote the development of blockchain technology and strengthen the governance of blockchain technology. With the implementation of blockchain technology, it will bring about subversive changes in traditional social production relations and promote the development of global political, economic and social. Survey data from the China Academy of Information and Communications Technology shows that from 2019 to 2020, 24 countries around the world issued special policies or laws and regulations specifically targeting the development and industry supervision of the blockchain industry. The European Union, China, Australia, India, Mexico and other countries are actively developing the blockchain industry and have formulated overall industry development strategies. For example, in September 2019, Germany released its “National Blockchain Development Strategy”; in November 2019, the European Commission announced a new investment plan for European artificial intelligence and blockchain-focused startups; in February 2020 , Australia released the "National Blockchain Development Roadmap"; in March 2020, South Korea Science and ICT announced the launch of the "Blockchain Technology Verification Support Plan 2020".

2.2 The global cryptocurrency market is developing rapidly and remains strong

Cryptocurrency is a trading medium that uses cryptographic principles to ensure transaction security and control the creation of transaction units , which assumes multiple functions such as medium of exchange, storage of value, and energy supply for applications, is the most active part of the global encryption market. Nowadays, the public has widely recognized that blockchain technology is the three major trends that will change the future. In this era, cryptocurrency based on blockchain technology is undoubtedly the eye of the storm.

The global cryptocurrency market has grown from US$10.4 billion in 2013 to US$764.7 billion in 2020, with a compound annual growth rate of more than 3.2%. In 2020 alone, the market value increased by nearly US$570 billion. The increase is as high as 293.1%. Not only that, the encryption market is still gaining momentum in 2021. As of March 3, 2021, after only two months and three days in 2021, the size of the encryption market has expanded by 94.5%.

2.2.1 Bitcoin’s market value exceeds one trillion, firmly sitting on Diaoyutai

In the global encryption market, Bitcoin (BTC), as the creator, undoubtedly holds the first place. Since Bitcoin was created by Satoshi Nakamoto, its market share has remained high. Since 2021, Bitcoin’s market share has basically remained above 60%, with the lowest market share in history being 33%. Following it is Ethereum (ETH). ), but Ethereum’s market share is only hovering around 10%, and it is still far from being able to compete with Bitcoin. This is especially true for other altcoins, which compete with each other for the remaining “cake” of Bitcoin, and no one has a market share. More than 3%.

At the same time, Bitcoin has suddenly emerged despite the recent downturn in the overall market economy. The market value rose rapidly in a short period of time, even exceeding the trillion-dollar mark on February 19, 2021.

Judging from the current market value of listed companies around the world, there are only four high-tech companies that have exceeded the trillion-dollar market value mark: Apple, Microsoft, Amazon, and Google. Among them, Apple has the highest market value, currently reaching 20,000 One hundred million U.S. dollars. If Bitcoin is added to it, its market value has exceeded that of well-known companies such as Tencent, Tesla, Alibaba, and Facebook. What’s even more shocking is the speed at which Bitcoin became a member of the “trillion club”: to reach a market capitalization of one trillion U.S. dollars, it took Apple 42 years, Amazon 24 years, Google 21 years, and Bitcoin It only took 12 years.

Bitcoin’s return rate is far ahead of the world’s major asset classes, reaching as high as 301.46% in 2020. From the perspective of market return rate, in the past year, the return rate of the S&P 500 Index during the same period was 16.26%, and gold, which was sought after by the market, was only 25%. It can be said that Bitcoin’s performance in 2020 has far exceeded All other major asset classes.

2.2.2 The COVID-19 epidemic is the ignition point, and institutions are rushing to promote it

In 2020, the world has experienced black swan events such as the "pandemic" and "negative oil prices" that have not been seen in a century. In order to cope with the economic recession caused by the epidemic, countries have adopted quarterly loose monetary policies. In an economic environment of high inflation and low growth, in order to avoid damage to nominal principal and pursue higher returns, investors' demand for cash hoarding naturally evolved into the demand for cryptocurrencies such as gold and Bitcoin, which drove The crypto market bull market started with Bitcoin as the leader.

According to Bitcoin Treasures data, as of the end of 2020, 15 listed companies around the world have purchased and held more than 100,000 Bitcoins on their own, 12 of which are located in the United States or Canada. In February 2021, Elon Musk, the world's richest man and the father of Tesla, bet $1.5 billion on the Bitcoin market. American brokerage WedBush predicts that nearly 5% of listed companies will follow suit in the next 12-18 months. Sera’s investment diversification strategy joins the Bitcoin investment wave.

3. Alternative financial market transactionsExchange: How strong is Coinbase?

3.1 Diversify the business scope and effectively reduce the volatility of income

As we all know, there are two ways to obtain Bitcoin. The first is to use complex and powerful computers to solve the problem. Complex math problems to mine Bitcoin, or buy Bitcoin on exchanges. The former is ridiculously expensive and requires a lot of technical knowledge, while the latter only requires opening an account at the aforementioned exchanges, of which Coinbase is the leader among such exchanges.

Coinbase’s main business is to provide an online trading platform that allows buyers and sellers to meet and invest, spend, send and receive, store, save, mortgage, lend and lend, distribute at the right price, Build, pay, and more broadly access and trade with cryptoassets. Its revenue structure includes the following parts: transaction revenue, subscription and service revenue and other business revenue.

Transaction revenue includes net revenue from transaction fees incurred on the platform. The company charges approximately 0.50% for the purchase and sale of cryptocurrencies, although this rate will vary based on market conditions. From mid-2019 to the end of 2020, transaction services revenue increased from US$235.35 million to US$1,096.17 million, an increase of 366%. Transaction service income is the most important component of operating income, accounting for approximately 86%.

Revenue from subscriptions and services includes Store, Stake, Distribute and Build. These revenues are calculated using the interest method, with interest revenues dependent on the balance of escrow statutory funds and the prevailing interest rate environment. Subscription and service revenue accounts for approximately 4% of total operating revenue. From 2019 to 2020, this revenue increased by approximately 355%.

Other business income includes income from the sale of crypto assets. The company regularly uses its own crypto assets to complete customer transactions. The company maintains custody and control of the cryptoassets in some small orders before they are sold to customers, and records revenue at the point in time when sales are processed. The company records the total value of the sales as revenue and the cost of the cryptoassets in other operating expenses. Other income also includes interest income earned on cash and cash equivalents. This type of revenue accounts for about 11% of total revenue and has risen 329% in the past year.

In terms of user groups, Coinbase has a target income group of approximately 43 million retail users, 7,000 institutional users and 115,000 ecosystem partners. These customers span all continents and are located in more than 100 countries. Among them, the company’s retail users span all geographies and age groups, indicating that Coinbase has received broad acceptance as a provider of the crypto economy. As of the end of 2020, Coinbase had more than 43 million zeroThere are 2.8 million monthly trading users, an increase of approximately 180% from the end of 2019.

In addition, Coinbase’s institutional clients include hedge funds, major trading firms, small and large financial institutions, family-owned businesses, and, more recently, companies seeking to allocate a portion of their investment portfolios to crypto assets. As of December 31, 2020, there were 7,000 institutional customers on the company's platform. For example, innovative investment management company One River Asset Management.

In terms of ecological partners, Coinbase is looking for businesses that can build their own products and services or distribute these products and services through the Coinbase platform. For example: developers building new blockchain protocols and applications that leverage blockchain protocols; creators of new tokens on these protocols; those who see business value in accepting these tokens as new payment methods for their businesses Merchant Partners; organizations and financial institutions that use Coinbase Analytics technology to monitor blockchain transactions for various use cases, such as compliance. In addition, the company’s partners on DeFi protocols include Compound.

3.2 "*****" or "honey", Coinbase takes advantage of the trend

Since the outbreak of the new crown epidemic, the global economic situation has become increasingly sluggish, and people have turned their focus to the cryptocurrency industry , cryptocurrencies rushed to the market, driving the business development of virtual asset trading platforms. Coinbase's operating income skyrocketed from 1.820 billion yuan in the second half of 2019 to 5.666 billion yuan in the second half of 2020, with a compound half-year growth rate of 76.44%. The scale of Coinbase's operating income is not yet comparable to that of traditional exchange giants, but the gap is shrinking rapidly. In the second half of 2020, the difference with the Hong Kong Exchange was only 2.168 billion yuan. At the same time, COINBASE has huge growth potential: in 2020, the revenue levels of other stock exchanges (Hong Kong Stock Exchange, London Stock Exchange, Intercontinental Exchange, etc.) have declined, but Coinbase has been the best, with revenue increasing for half a year to the beginning of the year. 2.12 times.

In terms of net profit, as encrypted digital currencies shine, the trading volume of major crypto market exchanges has increased rapidly. Coinbase achieved profitability for the first time in 2020, and it has rapidly increased from 45 million yuan in the first half of the year. It increased by 262.48% to 165 million yuan at the end of the year. Hong Kong Exchange and Intercontinental Exchange only increased by 2.57% and -35.86% in the first half of 2020.

From the perspective of return on net assets (ROE) and return on total assets (ROA), Coinbase exchange’s ROE and ROA caught up with major traditional exchanges in the second half of 2020, and ROA even surpassed It is 2.5 of Hong Kong Exchange and Intercontinental Exchange0 times and 3.51 times. This is mainly due to the occurrence of major events such as the epidemic and "black swan" in 2020. Major traditional exchanges have suffered heavy losses. Exchanges such as Coinbase in the encrypted digital currency market have taken advantage of the east wind and become investors. The "sweet pastry" in my eyes.

According to further analysis by DuPont, except for asset turnover rate and equity multiplier, other indicators are basically the same as those of the three major traditional exchanges. Asset turnover rate is the main contributor to ROE growth. Coinbase's asset turnover rate in 20 years was 0.31, while the Hong Kong Exchange and Intercontinental Exchange were only 0.06 and 0.05, and the London Stock Exchange was even 0. Coinbase is a virtual digital currency trading platform. Compared with the other three traditional exchanges, the unique technical characteristics and application scenarios of the virtual market make Coinbase's trading procedures simpler, production and operation faster, and it can be obtained with less resources. Greater revenue.

Coinbase’s equity multiplier is at the bottom of the industry, only 3.19, while Intercontinental Exchange, which has the lowest equity multiplier among the three major traditional exchanges, also has 6, which is 1.88 times that of Coinbase. The capital invested by Coinbase shareholders accounts for a relatively large proportion of assets, indicating that borrowed funds are very small and the financial risks are not significant. This may be related to the fact that Coinbase has just entered the market.

From the perspective of capital structure and solvency, the asset-liability ratios of the three major traditional exchanges are all above 80%. In recent years, the asset-liability ratio of the London Stock Exchange has even reached above 99%. According to Coinbase’s annual report and prospectus, although Coinbase’s asset-liability ratio has also been increasing year by year, from 55.61% at the end of 2019 to 73.94% at the end of 2020, there is still a large gap with the three major traditional exchanges. However, Coinbase's current development trend is relatively healthy. The rising asset-liability ratio shows that Coinbase is very confident in its business operations and has the ability to bear the interest costs and risks of borrowing from banks.

In addition, Coinbase has strong growth capabilities and huge development potential. In the first half of 2020 and the year-end net profit attributable to the parent company increased by 710.87% and 1247.35% year-on-year respectively. The other three traditional exchanges are already relatively mature and have less room for growth. The old London Stock Exchange's net profit attributable to its parent company increased by even -13.13% and -8.13% year-on-year.

3.3 Coinbase Outperforms on Key Business Metrics

In addition to financial results, the company also uses verified users, monthly trading users (MTU), assets on the platform, trading volume and non-GAAP Business metrics such as financial indicators are used to evaluate the business, measure performance, identify trends affecting the company's business and make strategic decisions. Verified users represent users who have shown interest in the platform. As of December 31, 2018, 2Verified users increased in all quarters ended December 31, 2019 and 2020, compared to the prior quarter. Among them, the retail e-wallet application launched in mid-2018 had an annual growth of more than 2 million users as of December 31, 2020.

MTU represents the company's active and passive retail user transaction base and reflects revenue opportunities on the platform. MTU drives growth in retail transaction volume and includes retail users interacting with transaction-based products such as investing, spending, sending and receiving, investing and allocating. MTU has historically been correlated with the price of Bitcoin and the volatility of crypto assets.

The assets on the platform are a measure of the total value held by the platform, reflecting the trustworthy nature and profit opportunities of the platform. This metric is influenced by market factors, such as platform assets declining in 2018 as crypto asset prices, dominated by those of Bitcoin and Ethereum, fell from their 2017 highs. Between December 31, 2017 and December 31, 2018, Bitcoin and Ethereum prices fell by approximately 74% and 82% respectively, and the total market value of crypto assets fell by 80%. During the same period, assets on the platform decreased by 73%. Despite short-term fluctuations, assets on the platform grew over the longer term from $7 billion to $17 billion in 2019 and 2020, respectively, as of December 31, 2018, due to growth in the price, volume and type of cryptocurrencies. US dollars to US$90 billion.

Trading volume represents the product of the number of trades for an asset and the trade price at the time the trade is executed. Since trading activity directly affects trading revenue, the metric reflects the liquidity on the company's order book, trading conditions, and cryptocurrencies. potential growth of the economy. Retail trading volume is more affected by Bitcoin price and crypto asset volatility than institutional trading volume, and institutional trading volume fluctuates less over time. As institutional trading increases, expands the number and types of crypto-assets supported by the platform, and the utility of crypto-assets expands, it is expected that the correlation between Bitcoin price, crypto-asset volatility and trading volume will decrease.

Non-GAAP financial measure refers to Adjusted EBITDA, which is defined as net income (loss), adjusted to exclude interest expense, income tax (earnings) reserve, depreciation and amortization, based on stock-based compensation expense, goodwill impairment, acquired intangible and crypto assets, restructuring charges, less recurring acquisition-related compensation expense, unrealized foreign exchange gains and losses, fair value adjustments to derivative instruments and non-recurring legal provisions fees and related costs. Adjusted EBITDA for the year ended December 31, 2020 increased compared to the year ended December 31, 2019 primarily due to higher trading revenue.

At present, Coinbase is in brand influence, user trust, compliance and productIt has obvious advantages in terms of product experience and other aspects. The company has built a powerful back-end technology platform to support the real-time and uninterrupted needs of the global crypto asset market. By working with regulators around the world to develop policy, the company has made significant investments in regulatory compliance and pioneered industry-leading security practices to protect crypto assets. The company attracts retail users, institutions and ecosystem partners to the platform, creating a powerful flywheel: retail users and institutions store assets and increase liquidity, allowing the company to expand and offer and launch new, innovative crypto assets, Thereby attracting more new customers to join. The company's scale and leadership attract ecosystem partners to connect with our millions of customers around the world, further increasing the value of the platform.

4 Born out of crisis, emerges from cocoon and becomes a butterfly: Risks and opportunities of cryptocurrency exchanges

4.1 From national scope to business involvement, exchanges face complex risks

< p> As a result of its global operations, Coinbase is subject to various laws and regulations enacted by U.S. federal, state, local and foreign governments and regulatory agencies. Globally, Coinbase is subject to increasingly stringent legal and regulatory requirements related to the detection and prevention of combating terrorist financing, anti-money laundering, fraud and other illegal activities, competition regulations, economic and trade sanctions, privacy, cybersecurity, Information security and data protection. These laws, regulations and rules (and their interpretations) change frequently and are increasing in number.

Money laundering and terrorist financing are crises faced by all cryptocurrency exchanges. Coinbase is subject to various anti-money laundering and counter-terrorism financing laws, including the BSA in the United States and similar laws and regulations abroad. Coinbase has implemented a compliance program designed to prevent the platform from being used to engage in money laundering, terrorist financing, and other unlawful activities in countries or with individuals or entities included on designated lists promulgated by OFAC and equivalent foreign authorities. Activity. A compliance program includes policies, procedures, reporting protocols and internal controls designed to meet legal and regulatory requirements and assist in managing risks associated with money laundering and terrorist financing. Anti-money laundering regulations are constantly evolving and vary from jurisdiction to jurisdiction. The Company continuously monitors compliance with anti-money laundering and counter-terrorism financing regulations and industry standards and implements policies, procedures and controls in accordance with the latest legal requirements.

4.2 With abundant cash flow, innovative products, and a bright future for the exchange,

The market operated by Coinbase has one of the deepest liquidity pools and network effects, with a large amount of liquidity for exchange A wide range of crypto assets. A good mix of retail and institutional activity provides the company with deep liquidity, highlighting synergistic relationships and network effects among customers on the platform. Liquidity brings liquidity, an advantage that comes as it continues to expand the range of supported cryptoassets and attract new customers to the company’s platformwill deepen.

Coinbase grows with the development of the crypto economy. Powerful incentives drive online exchange of nearly every aspect of economic activity. More importantly, Coinbase has huge opportunities to grow its customer base: including increasing user adoption and engagement with its products, expanding and accelerating retail user reach, expanding institutional reach and support, developing great ecosystem relationships, and adding payment options. and international expansion, etc.; increasing the depth and breadth of crypto-assets on the platform: including expanding support for digital currencies and crypto-assets, supporting the exchange’s blockchain protocol functionality and tokenizing new assets; and launching new innovative products to actively drive business Development, that is, building any existing and more yet to be created financial and non-financial products for the crypto-economy.

#BTC[超话]# #欧易OKEx# #digital currency#

❻ What currency is BCHC?

bchc is a hard fork of Bitcoin Cash A digital currency created.

There are two types of Bitcoin Cash hard forks: BCHC and BSV. The reason for the fork is also caused by differences in community consensus.

BCHC still follows the general direction of Bitcoin Cash, but diversifies its future application methods, similar to Ethereum ETH after the fork. BCHC's supporters and computing power support are greater than the latter BSV.

(6) Blockchain Morning Post Extended Reading on May 16:

Currency Characteristics

1. Decentralization< /p>

It is the first distributed virtual currency. The entire network is composed of users and there is no central bank. Decentralization is the guarantee of Bitcoin’s security and freedom.

2. Worldwide circulation

Can be managed on any computer connected to the Internet. Anyone can mine, buy, sell or receive Bitcoin regardless of location.

3. Exclusive ownership

Manipulating Bitcoin requires a private key, which can be isolated and stored in any storage medium. No one can obtain it except the user himself.

4. Low transaction fees

Bitcoins can be remitted for free, but ultimately a transaction fee of about 1 bit will be charged for each transaction to ensure faster transaction execution.

5. No hidden costs

As a means of payment from A to B, Bitcoin does not have cumbersome limits and procedures. You can make the payment by knowing the other party's Bitcoin address.

6. Cross-platform mining

Users can explore the computing capabilities of different hardware on many platforms.

❼ NFT risks need to be vigilant and preventive, and actively guide the healthy development of the market

NFT risks need to be vigilant and guarded, and actively guide the healthy development of the market

NFT risks need to be vigilant and guarded against, To actively guide the healthy development of the market, various NFT business platforms in the market shouldBased on the business purpose of "enriching digital economic models and promoting the development of cultural and creative industries", NFT risks need to be vigilant and guarded against, and actively guide the healthy development of the market.

NFT risks need to be vigilant and preventive, and actively guide the healthy development of the market 1

Recently, the China Internet Finance Association, China Banking Association, and China Securities Association issued an initiative to prevent NFT-related financial risks, clearly expressing their determination Curb the tendency of financialization and securitization of NFT (Non-Fungible Token, non-fungible token), and strictly guard against the risks of illegal financial activities.

This initiative not only affirms the positive role of NFT, that is, "NFT, as an innovative application of blockchain technology, has shown certain potential in enriching digital economic models and promoting the development of cultural and creative industries." "Value", and also warned about the financial risks related to NFT, and proposed to be wary of the risks and hazards of NFT such as speculation, money laundering, and illegal financial activities. This is timely and necessary for the "popular" NFT.

NFT is a digital certificate based on blockchain technology that is unique, indivisible and traceable and can be used to mark the ownership of specific assets. Theoretically, any item in the real world, including a song, a painting, a piece of text, a game prop, etc., can be made into an NFT, and its application scope depends on people's imagination.

Because the development space is full of imagination, an NFT trend has spread around the world in the past two years. Domestic Internet companies have also launched NFT platforms one after another, and many products have been sold out as soon as they were released. At the same time, some illegal financial activities also flourished. For example, many institutions carry out illegal virtual currency and token financing transactions in disguise under the banner of NFT; some NFT underlying commodities hide financial assets such as securities, insurance, credit, precious metals, etc., and issue and trade financial products in disguise;

< p> There are also some NFT platforms that integrate with overseas public chains, and transfer NFT to digital wallets and then sell them on overseas platforms to achieve the purpose of money laundering. In the long run, it is likely to cause capital flight, the foreign exchange management system is bypassed and other problems, which will affect the financial order and Economic and social stability.

The core value of NFT is to provide an up-chain channel for the real world and act as a bridge between the physical world and the digital world. The current trend of financialization and securitization of some NFTs has undoubtedly deviated from the right track and destroyed the industry ecology. If allowed to develop, it will inevitably cause "bad money to drive out good money", which is detrimental to the health and long-term development of the industry.

Don’t recite the good sutra incorrectly. NFT is not a sign of deception or a gimmick for speculation, and the NFT industry cannot fall into the misguided path of eager for quick success and "getting a handful and leaving." Relevant departments should also speed up the improvement of relevant laws and regulations, fill regulatory gaps in a timely manner, and "clear mines" for the healthy development of NFT.

It is necessary to clarify the essential attributes of NFT-related activities through laws and regulations, and qualitatively de-gold NFT.Melt, and formulate entry thresholds and industry standards to standardize NFT issuance, trading, storage and other processes. At the same time, we actively explore effective supervision methods and severely crack down on the use of NFT for money laundering and illegal fund-raising to avoid possible financial or legal risks.

Any innovation should be based on legality and compliance. For enterprises and platforms, they should practice the concept of science and technology for good, strengthen basic research, rationally select application scenarios, standardize the application of blockchain technology, and give full play to NFT plays a positive role in promoting industrial digitization and digital industrialization, and ensures that the value of NFT products is fully supported to prevent inflated prices from deviating from the basic law of value.

NFT, which represents a new direction in the application of blockchain technology and is endowed with the beautiful vision of "everything can be digitized," requires not only continued exploration and efforts in the market, but also the tolerance, prudence, and normative guidance of regulatory authorities. . Consumers should also adhere to correct consumption concepts, enhance their awareness of self-protection, stay away from NFT-related illegal financial activities, and beware of being deceived.

NFT risks need to be vigilant and guarded against, and actively guide the healthy development of the market 2

The hidden financial risks of NFT (Non-Fungible Token, non-fungible token) are receiving much attention.

Recently, the China Internet Finance Association, the China Banking Association, and the Securities Association of China jointly issued the "Initiative on Preventing NFT-related Financial Risks" (hereinafter referred to as the "Initiative"). The reporter noticed that some platforms have previously been cracking down on related risk speculation. For example, WeChat has banned or removed a number of public accounts from digital collection platforms; Ant Whale Explorer (a digital collection platform owned by Ant Group) also issued an announcement on penalties for users who violated regulations and removed over 180 illegal accounts.

Prohibiting "trading" is the key word

Specifically, the proposal mentions "stick to the bottom line of behavior and prevent financial risks." It clearly states that we will resolutely curb the tendency of NFT financialization and securitization, including not including financial assets such as securities, insurance, credit, precious metals, etc. in NFT underlying commodities, and issuance of trading financial products in disguise. In addition, the proposal emphasizes that centralized trading (centralized bidding, electronic matching, anonymous trading, market makers, etc.), continuous listing trading, standardized contract trading and other services will not be provided for NFT transactions, and trading venues will be set up in disguised violations.

Xiao Sa, a partner at Beijing Dacheng Law Firm, told Securities Daily that NFT will promote the cultural and creative industry, and the digitization of artworks and artistic creation is the general trend. However, during the sales process of NFT, there is a trend of financialization, especially the opening of the secondary market, which further stimulates consumers' speculation psychology. This initiative was initiated by a financial self-regulatory organization rather than a cultural organization, which shows that the issue of financialization of digital collections has been highlighted and has been paid attention to by regulatory authorities.

In addition, regarding the initiatives of the three associations, lawyer Yu Leimin, a partner at King & Wood Mallesons (Shanghai), interpreted that this time the three associationsThe initiative issued by the association states that "no centralized trading, continuous listing trading, standardized contract trading and other services are provided for NFT transactions".

The above-mentioned transaction methods all have typical financial transaction characteristics and are intended to remind the current Various NFT business platforms in the market should be based on the business purpose of "enriching digital economic models and promoting the development of cultural and creative industries", avoid conducting exchange business, and cut off the "signs" of financial securitization presented by illegal NFT businesses.

The industry generally believes that domestic digital collections currently exhibit several characteristics: first, they reduce the financial attributes of NFT; second, they draw a clear line with virtual currencies.

Pan Helin, co-director of the Digital Economy and Financial Innovation Research Center of the International Joint Business School of Zhejiang University, told Securities Daily that the risks of NFT are not technical. NFT exists in the transaction process of confirming the rights of artworks. The characteristics of decentralization provide the ground for money laundering and fraud. Some people take advantage of people's misunderstandings about NFT to speculate.

He believes that many financial institutions currently lack an objective and comprehensive understanding of NFT, and it is necessary to prevent risks. For the current domestic digital collection platforms, the key word is still prohibiting “trading”.

Many platforms are increasing penalties for violations

As early as February this year, the China Banking and Insurance Regulatory Commission issued the "Risk Warning on Preventing Illegal Fund-raising in the Name of "Yuanverse". And this time, the proposal has undoubtedly put a "curse" on the excessive hype in the NFT market.

In fact, it is not uncommon to speculate on private transactions of digital collections. On April 14, a reporter from Securities Daily tried to search for "digital collections" on a second-hand trading platform and found many sellers of private transactions. , some digital collections are even priced at thousands of dollars. The reporter tried to contact a seller and found that it was ultimately necessary to change platforms and conduct private transactions, but private transactions often carry greater risks of fraud.

In addition, the reporter noticed that Ant Whale Explorer and WeChat had previously increased penalties for violations related to the digital collection platform.

On March 21, Ant Chain’s Whale Detective released an announcement on penalties for illegal users, which showed that tiered penalties would be imposed on illegal accounts based on the severity of the violation, including permanent restrictions on the transfer of collections, account bans, etc. According to incomplete statistics from a reporter from Securities Daily, Ant Chain Whale Detective has processed more than 180 illegal accounts (permanent bans on acquisition and transfer functions).

Whaletan told the Securities Daily: At the beginning of our business, we clearly opposed the financial productization of digital collections and strengthened real-name authentication, risk control and verification and other technical means to ensure that users can normally transfer collections to friends. At the same time, we will resist all forms of potential hype risks, including continuing to manage irregular users who commit serious violations and cheating, and provide anti-fraud reminders.

According to the instructions for transferring gifts to Whale Explorer, the official does not support any formresale behavior of digital collections. Users who have purchased digital collections for 180 days can initiate transfers to other real-name users. To prevent speculation, the recipient can initiate transfers again after receiving the digital collections for 2 years.

At the end of March, WeChat banned a number of public accounts of digital collection platforms on a large scale. More than ten platforms were involved, all of which were small and medium-sized digital collection platforms. WeChat told a reporter from Securities Daily that it currently only provides public accounts for digital collection display and first-level transactions. It requires proof of cooperation with a blockchain company that has been registered and approved by the Cyberspace Administration of China as proof of qualifications. It does not support the provision of second-level accounts. level transactions.

In addition, the mini program currently only supports digital collection display and first-level gifting. Digital collection transactions and multi-level circulation are not open to the public. If any countermeasures such as bypass are discovered, Capabilities will be banned or removed based on the degree of violation.

WeChat emphasized that it will pay close attention to industry trends and relevant regulations in the future, and further improve and adjust the rules.

Sun Yulin, a senior researcher at the Ouke Cloud Chain Research Institute, told Securities Daily, “Combined with the previous ban of a large number of public accounts and mini-programs involving digital collections and illegal accounts, plus the current ban initiated by the three associations Released, it is predicted that supervision in this field will gradually tighten in the future, and the compliance requirements for digital collection platforms will become increasingly strict."

NFT risks need to be vigilantly guarded and actively guide the healthy development of the market 3

China The Internet Finance Association, China Banking Association, and China Securities Association jointly call on member units to jointly launch an initiative on preventing financial risks related to NFT (non-fungible tokens), resolutely curb the tendency of NFT financialization and securitization, and strictly prevent illegal Risks from financial activities.

In recent years, my country's NFT market has continued to heat up. As an innovative application of blockchain technology, NFT has shown certain potential value in enriching digital economic models and promoting the development of cultural and creative industries. However, it also has hidden risks such as speculation, money laundering, and illegal financial activities.

In this regard, the three associations advocated adhering to the bottom line of behavior and preventing financial risks. The first is not to include financial assets such as securities, insurance, credit, precious metals, etc. in the underlying commodities of NFT, and to issue and trade financial products in disguise; the second is not to weaken the non-homogeneous characteristics of NFT by dividing ownership or batch creation, and to carry out token issuance and financing in disguise (ICO); The third is not to provide centralized trading, continuous listing trading, standardized contract trading and other services for NFT transactions, and to set up trading venues in disguised violations;

The fourth is not to use Bitcoin, Ethereum, Tether, etc. Virtual currency serves as a pricing and settlement tool for NFT issuance transactions; fifth, real-name authentication of issuance, sales, and purchase entities, properly preserving customer identity information and issuance transaction records, and actively cooperating with anti-laundering work; sixth, not investing directly or indirectly in NFT , does not provide financing support for investing in NFT.

At the same time, the three associations also advocated the rational selection of application scenarios, standardized application of blockchain technology, and the positive role of NFT in promoting industry digitization and digital industrialization; ensuring that the value of NFT products is fully supported, guiding consumers to consume rationally, and preventing Inflated prices deviate from the basic laws of value; protect the intellectual property rights of underlying commodities and support genuine digital creative works; truly, accurately and completely disclose NFT product information to protect consumers' rights to know, choose, and fair trade.

Dong Ximiao, chief researcher of China Merchants Union Financial, suggested that investors should fully understand the value and risks of NFT and not participate in illegal NFT speculation and transactions. It is difficult for ordinary investors to fully understand virtual currencies, ICOs, NFTs, etc. It is recommended not to invest blindly, but to consciously resist all kinds of temptations and protect the safety of their own property.

❽ The development history of Bitcoin

On November 1, 2008, a person calling himself Satoshi Nakamoto posted on a secret cryptography discussion group A research report that elaborated on his new concept of electronic currency-Bitcoin was born!
On January 3, 2009, Satoshi Nakamoto mined the first batch of 50 Bitcoins on a small server in Helsinki, Finland.
May 21, 2010, the first Bitcoin transaction: Florida programmer Laszlo Hanyecz used 10,000 BTC to purchase a $25 pizza coupon.
On July 16, 2010, the price of BTC appreciated from US$0.008 to US$0.08. The first violent price fluctuation showed the rise of new things.
On July 17, 2010, the first Bitcoin platform was established.
On November 6, 2010, the price on MTGOX reached $0.5, and the Bitcoin economy reached $1 million at this time.
On December 7, 2010, the first portable device to portable device transaction was realized on NOKIA900, with a transaction volume of 0.42 BTC.
On February 9, 2011, the price reached US$1 for the first time, equivalent to the US dollar. The news that BTC was equivalent to the US dollar was widely reported by the media and aroused great attention, and new users increased significantly. In the next two months, mutual exchange trading platforms between Bitcoin and British Pound, Brazilian Dollar, and Polish Dollar were opened successively.
On March 18, 2011, the BTC/USD exchange rate hit a seven-week low, falling to US$0.7.
On August 20, 2011, the first Bitcoin Conference and World Expo was held in New York. According to Google Trends, Bitcoin’s attention hit a new high, with the price at that time being $11.
On November 14, 2011, the price of Bitcoin hit a half-year low of $1.99.
On September 15, 2012, the London Bitcoin Conference was held. At this time, the price of Bitcoin was US$11.8.
201On September 27, 2020, the Bitcoin Fund was established, and the price of Bitcoin was $12.46 at this time.
On November 25, 2012, the first European Bitcoin Conference was held in Prague, Czech Republic. At this time, the price of Bitcoin was US$12.6.
On February 19, 2013, Bitcoin client V8.0 was released. At this time, the price of Bitcoin was US$28.66.
On April 10, 2013, BTC hit its highest price in history, $110.
On May 9, 2013, the largest Bitcoin reporting website - BTC Chinese website www.sosobtc.com received a US$5 million Series A investment from the investment fund Union Square. At this time, the price of Bitcoin was US$112.09.
On May 17, 2013, the 2013 San Jose Bitcoin Conference was held, with 1,300 people participating. At this time, the price of Bitcoin was $119.1
On May 28, 2013, the U.S. Department of Homeland Security arrested xiqian and The unlicensed fund transfer business shut down the virtual currency services of Liberty Reserve, an exchange company in Costa Rica. U.S. prosecutors said this would become the largest international lawsuit in history, with the scale of money-sucking reaching US$6 billion, including China. A large number of users lost all their money, and the price of Bitcoin was $128 at this time.
In June 2013, it was reported on the Internet that the United States would withdraw from QE3, deflationary Bitcoin, and quantitative easing monetary policy. The two are in a tit-for-tat relationship.
On June 27, 2013, the German meeting made a decision: Bitcoins held for more than one year will be tax-free. The industry believed that this move recognized the legal status of Bitcoin in disguise. At this time, the price of Bitcoin was US$102.24.
On June 28, 2013, MTGOX obtained a currency services license issued by the Financial Crimes Enforcement Network of the U.S. Department of the Treasury. The standardization of transactions may mean that Bitcoin is starting to go on the right track, government risks are reduced, and its integration into the economy will show that the pace of It will speed up and serve as a demonstration for other virtual currencies. At this time, the price of Bitcoin is $97.99.
On November 28, 2013, the trading price of Bitcoin on the popular Bitcoin exchange Mt. Gox exceeded US$1,000, hitting a record high of US$1,073.
On November 29, 2013, the trading price of Bitcoin on the popular exchange Mt. Gox hit a record high of US$1,242. At the same time, the price of gold was US$1,241.98 per ounce. The price of Bitcoin exceeded gold for the first time.

❾ With 1,400 crypto companies such as Binance and Huobi settling in, what is Dubai’s attraction?

Cailian News Agency | Blockchain Daily (Hangzhou, reporter Xu Cihao), a few days ago , Saudi Arabia announced that it will invest $6.4 billion in the Metaverse and blockchain technology.

In fact, the sameAs a major oil country, the United Arab Emirates has always been one of the countries in the world that supports and embraces blockchain the most, and Dubai in the United Arab Emirates has become one of the gathering places for blockchain companies.

According to local news reports in the UAE, the digital economy contributed a total of approximately 100 billion dirhams ($27.25 billion) in 2021, accounting for 4.3% of the UAE’s GDP. The country is home to more than 1,400 blockchain and crypto startups with a combined valuation of AED 90 billion ($24.5 billion). More than 90 investment funds and 12 business incubators are also supporting the country's digital industry, according to government data.

Industry insiders analyzed to the reporter of "Blockchain Daily" that blockchain, as a new technology, is treated differently in different parts of the world; and Dubai has attracted global blockchain companies through its open policy. and talents, taking the lead in the future development of the blockchain industry.

1,400 crypto companies have settled in

The United Arab Emirates, referred to as "UAE", is a country consisting of Abu Dhabi, Dubai, Sharjah, Fujairah, Umm Al Quwain, A federal state composed of seven emirates, Ajman and Ras Al Khaimah. The United Arab Emirates is known as the flower in the desert due to its rich oil production.

But oil countries also have a sense of crisis, that is - oil resources are not inexhaustible, and the flowers in the desert will wither. They must find new opportunities for wealth.

The blockchain and encryption industries represented by Bitcoin have given some small countries, including the United Arab Emirates, Saudi Arabia, and El Salvador, new vitality.

Dubai, in the United Arab Emirates, is on its way to becoming a Bitcoin trading center. Binance, ALPEX, Metahero and hundreds of companies (including more than 90 investment funds and 12 business incubators) have chosen Dubai as their operation center.

In 2021, China has launched a round of rectification of virtual currency mining and trading. Many Chinese blockchain and crypto-asset companies have also moved to Dubai to seek compliance operations there. These include Huobi Exchange, Hufu Exchange, coinw Exchange, etc., which have completed the withdrawal of users in mainland China by the end of 2021.

A reporter from "Blockchain Daily" learned from relevant sources in Huobi that Huobi currently has an office in Dubai, which has domestic employees and local employees.

"Dubai has always been very active in its policies towards blockchain companies." The above-mentioned Huobi official told reporters.

In addition, on December 20, 2021, the cryptocurrency exchange Binance signed a cooperation agreement with the Dubai World Trade Center Authority (DWTCA) to jointly promote the establishment of a new international crypto-asset ecosystem in Dubai.

An anonymous exchange insider told the "Blockchain Daily" reporter that in view of Dubai's current open policy for exchanges, they are also activelySeeking a virtual asset trading license in Dubai and moving operations there when the time is right.

Due to the UAE’s open policy towards cryptocurrency, it has attracted many companies to settle here. According to local news reports in the UAE, the digital economy contributed a total of approximately 100 billion dirhams ($27.25 billion) in 2021, accounting for 4.3% of the UAE’s GDP. The country is home to more than 1,400 blockchain or crypto startups with a total valuation of AED 90 billion ($24.5 billion).

Dubai's open policy

"Blockchain Daily" reporter learned that the supervision of Dubai's cryptocurrency is governed by FRSA (Financial Services Regulatory Authority), SCA (UAE Securities and Commodities Authority) ) and DFSA (Dubai Financial Services Authority) completed.

In order to provide encryption services in the UAE or Dubai, a license is required from the SCA or FRSA (depending on the location of operations). Trading of cryptocurrencies is regulated by the SCA and FRSA, and licenses may be granted depending on the cryptocurrency nature of the transaction.

At the end of 2020, the UAE Securities and Commodities Authority (SCA) issued the "Decision No. (21/RM) of 2020 of the Chairman of the Authority on the Regulation of Crypto-Assets".

The regulation aims to establish a clear licensing regime for any provider wishing to provide crypto-asset services in the UAE. This includes initial token issuances, exchanges, marketplaces, crowdfunding services based on or utilizing crypto-assets. financing platform, custody services and related financial services.

The Crypto Regulatory Decision states that providers wishing to offer crypto asset services (or any related services) must be based in the UAE or in one of the UAE’s financial free zones (i.e. Dubai International Financial Center or Abu Dhabi than the global market) and must obtain a license from the SCA. As part of the process, applicants must demonstrate that they will strictly comply with the UAE’s anti-money laundering and counter-terrorism financing laws, cybersecurity compliance standards and data protection regulations.

Dubai’s Blockchain Layout

Marwan Alzarouni, CEO of Dubai Blockchain Center, told the media that the UAE, especially Dubai, has always been forward-looking and proactive in any future technology. Rapidly evolving, cryptoassets and blockchain are no exception.

As early as 2013, the UAE launched the "Smart Dubai Initiative" (Smart Du initiative). The core part of the plan is to improve government efficiency through the use of blockchain technology, including promoting blockchain through its own actions. The development of the chain from 1.0 (payment tools) to 2.0 (financial industry applications) and then to the 3.0 stage (applications in other industries and government affairs management) is committed to making Dubai a global leader in this field.

In 2016, Dubai established the Global Blockchain Council, which currently has more than 30 members, including the governmententities, international companies, and blockchain startups. Technology giants such as Microsoft, SAP, and Cisco are all members of this committee.

The Global Blockchain Committee held an industry theme meeting in 2016 and announced 7 new blockchain proof-of-concepts, including: medical records, secured jewelry transactions, ownership transfers, business registration, digital wills, Tourism management, improved freight transport. It can be said that Dubai is currently the blockchain R&D center in the Middle East.

In 2017, the Dubai government announced that Emcredit, a subsidiary of Du Economy, would cooperate with the US-based startup Object Tech Grp Ltd to create an encrypted digital currency called emCash.

In 2018, Dubai Prime Minister Sheikh Mohammed announced that the Dubai government will use blockchain technology in half of its government businesses by 2021.

In 2020, in line with the vision of "Du Blockchain Strategy 2020", Smart Dubai (Smart Du) fulfilled its promise of establishing a prosperous blockchain ecosystem in Dubai, Launched numerous use cases, a joint blockchain platform and Dubai blockchain policy. Government and private sector agencies are working on 24 blockchain use cases. These use cases cover eight sectors, namely finance, education, real estate, tourism, business, health, transportation and security.

The UAE has reportedly completed a digital KYC project called Emirates Pass, which will enable users to interact with all aspects of the legal process from remote locations, and is already building on its judicial notarization and Blockchain technology is used in authentication services.

The UAE has also proposed a plan to transform Dubai into the world's first city driven entirely by blockchain technology - the "Dubai Blockchain Strategy", making Dubai the happiest city on earth.

Hu Jie said that blockchain, as a new technology, is still in the stage of exploration and accumulation around the world. Dubai has adopted an open policy to attract blockchain companies and talents from around the world. In the future, blockchain Taking the lead in the development of the chain industry.

❿ The last shot of the blockchain battle is fired at the end of the year, Vpay may become a hot spot in the currency circle and a top public chain incubator

The application of blockchain technology, from abroad to domestic, never Recognition can lead to gradual application, and digital currency has also been accepted and adopted by various countries, and its development cannot be underestimated.

The application of digital assets in many blockchain projects requires a platform for circulation and communication. From scratch to a project, from technology research and development to widespread application, it needs strong support rather than being stillborn. Here is a blockchain incubator, vpay has nearly 3 million users, with an increase of 20,000 people every day. The strong data support has attracted many digital public chains and angel round crowdfunding.



vpay, mid-October, good things happen one after another.

On October 11, International E-Network officially opened up the digital sharing of 50 exchanges around the world, achieving synchronization of data from major exchanges around the world.

On October 13th, ABS chain crowdfunding opened a new encryption world.

On October 19, VTS Internet of Things public chain started crowdfunding.

On October 18, the ASX opened for registration; on October 22, VRT and the ASX (AOEX) over-the-counter trading area made a strong debut.

In October, there were also Vpay Cambodia study tours, V charity events, etc. A package of activities allowed the Vpay family to enjoy a feast of wealth, and also made many people in the currency circle lock Vpay and add vitality.

The great good news from the Cambodian business school, you don't know very much, let alone understand.

If you are still doubting the security, the feasibility, and the prospects of Vpay, then you may once again lose the opportunity to make big money. Keep up with the rhythm of the platform. Today next year will be the harvest season for everyone. You will make money you have never made before, not hundreds of thousands, but maybe millions, or even tens of millions.

1. Vpay cooperates with the National Bank of Vanuatu, a South Pacific island country, to issue Vpay bank cards, and the balance can be withdrawn directly through the bank card.

2. The Lao national government is preparing to use government actions to promote Vpay nationwide and regard Vpay as the "Alipay" of Laos.

3. E-Network and Australian Open will be connected at the end of OctoberFor VRT trading, friends in the currency circle can enter Vpay from the capital market, exchange USDT for VRT, then use VRT to increase the balance by five times, and then use the balance to exchange for Vpay coins to participate in crowdfunding. Old members can also use VRT to withdraw cash to their bank cards through the above two exchanges. E-Net Exchange is connected to the top 17 exchanges in the world, which means that as long as you log in to E-Net, you are logging into the 17 largest exchanges in the world.

4. At the end of October, 100,000 communities began to be formed. The tool is "WeChat", the participants are all members, and the qualifications are members who can obtain the right to operate super nodes. Super nodes can enjoy dividend rights for 14 years. Celebrity-level members have already begun to make plans. Members who are not celebrity-level but understand their belief in Vpay are preparing to invest more funds in dozens of VIPs, and then win the right to operate super nodes.

5. The platform has been upgraded from version 1.0 to version 2.0. From allowing members to join Vpay to manage their finances five times to allowing members to hold various Vpay crowdfunding chains, they will become multi-millionaires. If you can still speculate in coins in the currency circle, your wealth can reach another level.

6. The balance is currently consumed offline in 58 countries, and the balance can be converted into the legal currency of each country at any time.

7. The "SMTH", "IPC", "ABS" and "VTS" public chains crowdfunded on the Vpay platform have become the country's national strategic layout for building smart cities and smart societies. The prices of these public chains are expected to rise sharply soon. (All kinds of official media can find news reports such as the actual applications of these public chains.)



Finally, I solemnly remind them again.

Friends who are willing to believe in Vpay and are willing to work hard on the Vpay platform to earn millions of wealth back, please understand the above content carefully.

Everyone has two paths to choose from. Which path you choose is up to you. Of course, you can also choose not to choose any path and just follow the old path step by step.

No matter you choose to share and promote membership, or choose to invest additionally, the purpose of limiting this time isIt allows you to participate in crowdfunding. Only by participating in crowdfunding and buying the crowdfunded public chain can your wealth grow exponentially.

There are no leeks in the currency circle, only players. Vpay is a place where merchants, consumers, investors, and entrepreneurs compete on the same stage to achieve financial freedom.

Seize the opportunity and wealth will belong to you.

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