Blockchain Industry News and Updates

VaaS Focuses on Formal Verification of EOS Blockchain Platform VaaS (Verification as a Service) will focus on providing formal verification services to the EOS blockchain platform, enhancing its security, reliability, and scalability. Ethereum Fog Foundation Urges Resistance Against ASIC Miners The Ethereum Fog (ETF) Foundation has called upon the community to resist ASIC miners, arguing that they centralize mining pools and harm the network's decentralization

 Blockchain Industry News and Updates

VaaS Focuses on Formal Verification of EOS Blockchain Platform

VaaS (Verification as a Service) will focus on providing formal verification services to the EOS blockchain platform, enhancing its security, reliability, and scalability.

Ethereum Fog Foundation Urges Resistance Against ASIC Miners

The Ethereum Fog (ETF) Foundation has called upon the community to resist ASIC miners, arguing that they centralize mining pools and harm the network's decentralization.

Qlink Partners with Binance to Integrate BNB Token

Qlink (QLC) has partnered with Binance to integrate the BNB token into its DAPP ecosystem. This collaboration will further enhance the interoperability and utility of the Qlink ecosystem.

Neo to Unveil Six New Projects at Amsterdam Meetup

Neo will host a meetup in Amsterdam on April 14, where it will unveil details of six new projects. These projects will play a significant role in the Neo blockchain ecosystem.

BitGold Hard Forks Today, Creating BHODL Token

BitGold (BTG) will undergo a hard fork today, resulting in the creation of the BHODL token for BTG wallet holders. BHODL is expected to become a new cryptocurrency for payments and transactions.

OmiseGO to Hard Spoon, Launching New Chain, Token, and Services

OmiseGO (OMG) will undergo a hard spoon, with the new chain preserving the old chain's state while offering new features and services. The spoon will also create a new token, opening up possibilities for the project.

Exchange Announcements

Binance Lists QLC/BNB Trading Pair

Binance has launched the QLC/BNB trading pair, allowing users to trade Qlink (QLC) and Binance Coin (BNB) tokens.

Huobi Suspends CoinMeet (MEE) Deposits and Withdrawals

Huobi has temporarily suspended CoinMeet (MEE) deposits and withdrawals due to the upgrade of CoinMeet's official smart contract. Resumption is expected in 24-48 hours.

Huobi Opens BTS Deposit Service

Huobi has opened the BTS deposit service and will open the BTS/BTC and BTS/ETH trading pairs in the Innovation Zone at 14:00 on April 3. BTS withdrawals will open at 14:30 on April 5.

KuCoin Suspends CoinMeet (MEE) Deposits and Withdrawals

KuCoin has temporarily suspended CoinMeet (MEE) deposits and withdrawals due to the upgrade of CoinMeet's official smart contract.

Bibox Lists Bodhi (BOT) and Opens Trading Pairs

Bibox has listed Bodhi (BOT) and opened the BOT/BTC and BOT/ETH trading pairs.

KKEX Lists EOS/ETH Trading Pair

KKEX has listed the EOS/ETH trading pair and opened the ETH token trading market.

QBTC Launches C2C Services

Q Network has launched C2C services, allowing users to trade cryptocurrencies directly on the platform.

Regulatory and Legislative Developments

Thailand to Tax Cryptocurrency Trading and Investments

The Thai Ministry of Finance has proposed taxation on cryptocurrency trading and investments. The aim of the proposal is to regulate the cryptocurrency market and prevent its use for illicit activities.

G20 Meeting Highlights 10 Points on Cryptocurrency Regulation

Cryptocurrency regulation was a major topic of discussion at the G20 meeting in Buenos Aires, Argentina. Key takeaways include:

1. G20 nations will embrace cryptocurrencies or blockchain.

2. Regulation of cryptocurrencies or blockchain is inevitable.

3. Regulation will focus on preventing criminal activity and protecting consumers.

4. Regulation will not stifle innovation.

5. Enhanced anti-money laundering and Know-Your-Customer (KYC) measures.

6. Europe aims to lead regulation of cryptocurrencies.

Industry Trends

55 A-Share Listed Companies Involved in Blockchain

As of March 30, 2023, 55 A-share listed companies had ventured into blockchain technology. However, most companies' blockchain involvement is still at an early stage, with no mature products released yet.

Caution Advised Against Blockchain Concept Speculation

Since the beginning of the year, the Shanghai and Shenzhen Stock Exchanges have taken regulatory actions against over 20 listed companies suspected of "speculating" on blockchain concepts, including inquiries, suspensions, and investigations. Investors should exercise caution and conduct thorough research when evaluating blockchain-related investments.

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