Main content: MultiVACCTOShwan: Recently, Bitcoin has experienced several significant fluctuations, which are clearly manipulated by people; Bloomberg columnist: Gold and Bitcoin are not stable means of value savings; Coin An announced that it is considering launching 30 types of tokens, including BNB;Gate.io has issued an announcement to solicit opinions from the public on the third stage GT destruction plan
Main content: MultiVACCTOShwan: Recently, Bitcoin has experienced several significant fluctuations, which are clearly manipulated by people; Bloomberg columnist: Gold and Bitcoin are not stable means of value savings; Coin An announced that it is considering launching 30 types of tokens, including BNB;Gate.io has issued an announcement to solicit opinions from the public on the third stage GT destruction plan. The third stage GT may be destroyed in advance
Bee Check 24-hour Market Morning Report (8-128:00);
1) BTC current price: $11553.68, 24-hour up and down 2.00%, trading volume: $19.977 billion 2) ETH current price: $216.39, 24-hour up and down 4.63%, trading volume: $6.818 billion 3) XRP current price: $0.3026, 24-hour up and down 1.14%, trading volume: $1106 million
On August 10th, the "Third China Finance Forty People Yichun Forum" hosted by the China Finance Forty People Forum (CF40) was held in Yichun, Heilongjiang Province.Mu Changchun, a special invited member of CF40 and Deputy Director of the Payment and Settlement Department of the People's Bank of China, stated that the research on the Central Bank's digital currency (DC/EP) has been ongoing for five years and is now "ready to emerge".
Regarding whether to adopt blockchain technology, Mu Changchun introduced that in a large country like China, issuing digital currency cannot achieve the high concurrency performance required by retail using a pure blockchain architecture. Therefore, it was ultimately decided that the central bank should maintain technology neutrality and not preset a technical route, which means it does not necessarily rely on a certain technical route.
Mu Changchun revealed that the central bank's digital currency will adopt a "dual layer operating system". The single-layer operation system refers to the direct issuance of digital currency by the central bank to the public,The "dual operation system" refers to the central bank first exchanging digital currency to banks or other operating institutions, and then these institutions exchange it to the public. In order to ensure that the central bank does not exceed the issuance of digital currency, commercial institutions need to fully and 100% pay reserves to the central bank.
Mu Changchun believes that this dual tier investment system with the central bank as the first tier and commercial banks as the second tier is more suitable for China's national conditions. The dual operation system can not only utilize existing resources to mobilize the enthusiasm of commercial banks, but also smoothly enhance the acceptance of digital currencies
UltiVACCTOShwan: Recently, Bitcoin has experienced several significant fluctuations, which are clearly manipulated by someone
According to MultiVACCTOShwan Ying, Bitcoin is still very weak at the current stage, with a total market value of only about 2.5% of gold, making it easily controlled for speculative arbitrage. The recent significant fluctuations in Bitcoin have clearly been manipulated by people. He also pointed out that whether it is Bitcoin or other mainstream currencies, short-term concept speculation cannot bring incremental funds. A true bull market inevitably requires technological innovation to drive it. Only when blockchain technology is widely applied can it bring long-term sustainable industry prosperity.
Bloomberg columnist: Gold and Bitcoin are not stable means of value savings
Bloomberg columnist Lionel Laurent wrote today that in the face of market uncertainty, investors are turning to these two assets, gold and Bitcoin. However, Bitcoin is a strange hedging concept, and gold's historical record is also uneven. Laurent said that given the crazy value fluctuations of Bitcoin in the past few years, it is easy to laugh off any claims that Bitcoin is stable. Gold is not so rational either. Believers believe that the thousands of years of history of gold as a medium of exchange indicate that it will always be in demand and retain value, but the price of gold also depends on human psychology and herd like investment behavior. Laurent added, "Of course, even irrational markets can be exploited by savvy investors. Adding gold or Bitcoin to investors' portfolios (hopefully not happening) Perhaps to some extent, it makes sense as it can increase risk or investment diversity, or take advantage of people's madness. But don't mistake the recent market trends for some kind of evidence that proves the status of gold or cryptocurrency as a 'stable currency'. All of this is supported by faith, not facts
Yuan Yuming's blockchain talent shortage has become a pain point restricting industry development
Yuan Yuming, president of the Huobi Research Institute, said frankly that the biggest difficulty and challenge we have encountered is the shortage of talents, especially high-end composite blockchain talents. Yuan Yuming believes that there are two main reasons for this phenomenon: firstly, the entire industry is still in its early stages, somewhat similar to the internet industry in the 1990s and early 2000, when there were very few people who understood the internet, and now blockchain is in this state; Secondly, what is even more challenging than the internet industry is that blockchain is a very comprehensive industry that involves IT technology, cryptography, economics, finance, etc. Therefore, practitioners are required to have multiple knowledge backgrounds. So talent shortage has become a major pain point that restricts the development of enterprises, and even the entire industry. A few days ago, the reporter learned at the signing ceremony of strategic cooperation on talent cultivation in blockchain industry held in Hainan Chengmai Ecological Software Park that the talent exchange center of the Ministry of Industry and Information Technology, Huobi China and Chain People International cooperated to strengthen talent cultivation in blockchain industry and jointly build a talent cultivation system for blockchain industry.
Coin An American cloth is considering launching 30 types of tokens, including BNB
According to TheBlock on August 9th, BinanceUS announced on Friday that the platform is "committed to becoming a reliable and efficient market, offering a wide range of high-quality digital asset choices." In addition, BinanceUS is considering launching 30 types of tokens: ADA, ATOM, BAT, BCHABC, BNB, BTC, DASH, EOS, ETC, ETH, HOT, IOTA, LINK, LOOM, LTC, MANA, NANO, NEO, PAX, REP, RVN, TUSD, USDC, USDT, VET, WAT, VES, XLM, XRP, ZIL, ZRX. In June of this year, Coin Security announced that it would stop offering services to American users and also announced plans to launch a specialized trading platform, BinanceUS, in the US market. Since then, the company has been developing this new platform, but has not announced the exact date for its launch.
Zhao Changpeng: The list of BinceUS coins has not yet been finalized, but this is the latest work progress
Zhao Changpeng, the founder of Coin An, posted a notice regarding "BinanceUS considering listing 30 types of tokens", stating: "This list is not yet finalized, but this is the latest work progress
Bo Chang has not been included in the consideration list for Coin On S, and Sun Yuchen urgently stated his position
BinanceUS announced on Friday that it is considering listing 30 tokens, but Tron (TRX) is not included. In this regard, TronSpark, an online content platform focused on the Tron ecosystem, questioned Sun Yuchen on Twitter and said, "Tron is best to enter this list or go online to Coinbase as soon as possible. We need a place for American citizens to trade TRX. This is the top priority of the Tron community at present." Sun Yuchen subsequently replied in several tweets, "Yes. This is our top priority now. We will have one (including myself) The entire team is committed to this matter. We will complete all these things at the speed of a wave field 2. Of course, this list should include TRX, BTT, and WIN. 3. "I'm sorry for the delay, but of course we should list on more American exchanges. Let me solve this problem. We promise the community to see significant progress in this area in 2019
Phase III GT or to be destroyed
Gate.ioGT1. GT;2. GT;3. GT
The Indian crypto community hopes that officials can listen to more industry opinions before making decisions
According to Bitcoin. com, Sathvik Vishwanath, CEO of Unocoin, an Indian cryptocurrency exchange, said in an interview about India's cryptocurrency ban: "We are doing our best to ensure that the government can involve stakeholders. I believe the government will first establish a standing committee (as recommended in the IMC report) . If a standing committee is established, we will see more industry participation, which will bring India more comprehensive and well-planned encryption regulation Sumit Gupta, CEO of another exchange, Coindcx, also said, "We hope the government can consider the issues raised by the crypto community and make wise decisions that are in the national interest. The crypto community in India is actively sharing our views with government officials to make wise decisions
People's Daily Party Secretary Ye Zhenzhen: People's Daily has established a blockchain research institute
According to People's Daily, on August 9th, at the "China Artificial Intelligence Summit", Ye Zhenzhen, Party Secretary, Chairman, and President of People's Daily, stated that the "content technology" of People's Daily corresponds to three aspects: the basic layer, platform layer, and application layer. At the basic level, the People's Network has established an artificial intelligence research institute and a blockchain research institute, and is applying for the establishment of a "State Key Laboratory for media intelligence cognition".
Chongqing City: Improving the Gathering Carrier of Platform Enterprises such as Blockchain Industry New Base
According to Chongqing Daily, recently, the Chongqing Municipal People's Government website released the "Guiding Opinions on Accelerating the Development of Industrial Internet Platform Enterprises to Empower the Transformation and Upgrading of the Manufacturing Industry". The Opinion proposes that Chongqing will build an industrial internet platform ecosystem, while improving the aggregation carriers of platform enterprises such as Liangjiang Digital Economy Industrial Park, China Smart Valley (Chongqing) Science and Technology Park, and blockchain industry innovation base, promoting the aggregation of industrial internet and industrial data resources to key parks, and introducing and cultivating a group of well-known domestic and foreign platform enterprises, scientific research institutes, and other innovative resources for industry, academia, and research.
More than 5300 enterprises in Shenzhen are using blockchain electronic invoices
According to the Shenzhen Evening News, recently, the reporter learned from the Shenzhen Municipal Taxation Bureau that more than 5300 enterprises in Shenzhen have registered to use blockchain electronic invoices, covering 113 detailed industries such as transportation, catering, and parking services. The successful practice of "blockchain+taxation" this time will bring improvements and changes to the tax governance model in the intelligent era.
Indian startup StaTwig mining blockchain and IoT to improve vaccine delivery issues
On August 11th, in order to strengthen global vaccine delivery and eliminate waste, former Cisco employee and Indian entrepreneur SiddharthChakravarty are developing a solution based on Distributed Ledger Technology (DLT) that enables end-to-end tracking of vaccines. To address the issue of poor vaccine delivery, Chakravarty has now established a start-up company, StaTwig, with a main focus on developing powerful blockchain and IoT driven solutions.
Bank of China awarded "China's Best Blockchain Project (Financial Institution)"
According to Bank of China, recently, Bank of China was awarded the "Best RMB Clearing Bank in the Asia Pacific Region" and "Best Blockchain Project (Financial Institution) in China" by The Asian Banker in 2019. It is reported that in order to solve the problems of inconvenient queries and poor experience in traditional cross-border reconciliation processes, Bank of China and China UnionPay have jointly launched a real-time global express remittance business query service based on blockchain technology. Customers only need to log in to Bank of China's mobile banking to view the global express remittance transaction progress of their UnionPay card, without the need to inquire through phone or counter.
Ping An One Account Blockchain Product Director: There are four major challenges in the large-scale application and deployment of blockchain
According to the International Financial News, Zhao Dayue, the director of blockchain products at Ping An One Account, stated that there are four major challenges in the large-scale application and deployment of blockchain technology. It is necessary to solve the contradiction between data privacy security, sharing, and verification between institutions, ensure the high performance operation of the system under full encryption of data, and achieve the rapid deployment of blockchain systems in batches and support the rapid online connection of application systems.
Coin An: Litecoin users encountered a large-scale fan attack this morning
Coin An's official Twitter post stated that around 8 am today, Litecoin users were subjected to a large-scale dust attack. And provided a record of one of the large-scale transactions that occurred. It is reported that dust attacks refer to a relatively new malicious activity where hackers and fraudsters attempt to violate the privacy of Bitcoin and cryptocurrency users by sending small amounts of cryptocurrency to their personal wallets. Then, the attacker tracks the transaction activity of these wallets and conducts a combination analysis of multiple addresses to identify the person or company behind each wallet. The goal is to ultimately connect these dusty addresses and wallets with their respective companies or individuals. If the above method is successful, the attacker may use this knowledge to attack the target, using carefully designed phishing attacks or cyber extortion threats.
Qubu Business License Revoked
According to Tianyancha, the "business license" of Bu (Chongqing Qubu Network Technology Co., Ltd.) has been revoked, and its business status has changed to revoked. (Phoenix Network)
BitContinent issues a clarification statement regarding the use of "Mango Coin MGC" as a major Bitcoin brand
In response to the recent use of the BitContinent brand to sell products such as "BitContinent Cloud Miner", and use this to promote "Mango Coin MGC" on its relevant websites, apps, and clients. The official Weibo account of BitContinent released a statement today stating that: 1. The website, app, social media account, WeChat group, QQ group, etc. of "MangoCoin MGC" are not BitContinent's business channels or platforms, and BitContinent has no connection with the project. 2. The "BitContinent Cloud Miners" appearing on all platforms of "Mango Coin MGC" are not BitContinent products. 3. Customers are kindly requested to recognize the service subject, make rational decisions, and be cautious of risks when purchasing products. 4. For any behavior that falsely uses the "BitContinent" brand and BitContinent's name, we will resolutely take relevant legal measures to safeguard our own and customer rights.
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