headlines

Ebang International plans to launch a Bitcoin exchange in 2020

Ebang International plans to launch a Bitcoin exchange in 2020
Chief Financial Officer Chen Lei said in an interview that the company's total revenue could grow by about 40% in 2020 after foraying into the newer business of helping customers manage data centers. He also said the company could double its revenue to $200 million this year with the launch of the cryptocurrency exchange. Otherwise, Ebang International should have achieved this goal by 2022, Chen Lei added.

Data: Compound's capital scale exceeds 1 billion US dollars

According to DeBank data, the capital scale (total mortgage + loan balance) of the cryptocurrency lending agreement Compound has exceeded 1 billion US dollars, and is now 100,200,5342 US dollars. As of now, the total mortgage assets of the Compound platform are 629,586,807 US dollars, and the loan balance is 372,209,928 US dollars.

digital currency

Ethereum wallet Argent no longer pays gas fees for applications such as Compound on behalf of users

Ethereum wallet Argent no longer pays gas fees for applications such as Compound on behalf of users
According to official news, Ethereum Wallet Argent has updated its gas charging policy. The biggest change is that it will no longer pay users the gas fees generated by using TokenSets, Uniswap V2, Kyber, Maker's savings rate (DSR) and Compound. Argent stated that Gas fees will be paid for the following services:
1. Transfer of ETH, ERC20 tokens and collectibles;
2. Adding a "Guardian" or changing the upper limit of the daily transfer limit is the gas fee that needs to be paid;
3. The gas fee for using the lending platform Aave (the fee is subsidized by Aave);
4. Gas fees for using the lossless lottery platform PoolTogether (subsidized by PoolTogether).

Celo Announces Official Listing of Stablecoin Celo Dollar (cUSD)

Celo Announces Official Listing of Stablecoin Celo Dollar (cUSD)

IOTA Foundation Announces Three Phases of IOTA 2.0

IOTA Foundation Announces Three Phases of IOTA 2.0

Ethereum 2.0 testnet Altona v0.12 is up and running on four major clients

Bitfly (the parent company of Ethermine mining pool) officially tweeted that the Ethereum 2.0 testnet Altona v0.12 has been officially launched, and the four major clients of Prysm, Teku, Lighthouse and Nimbus have started running the testnet (Note: mentioned in the Bitfly tweet Sigma Prime is the development team of the Ethereum 2.0 client Lighthouse).

Blockchain industry

Hebei People's Government: Xiong'an New Area will speed up the development of blockchain non-tax revenue and bill system

Hebei People's Government: Xiong'an New Area will speed up the development of blockchain non-tax revenue and bill system
The Information Office of the Hebei Provincial People's Government held a press conference on June 29, saying that Hebei actively and steadily promotes the reform of financial electronic bill management, highlights the demonstration and leading role of Xiong'an New District, and takes Xiong'an New District as a pilot area for full coverage of Hebei's reform. Anxin District's "first trial first" leads the whole province to "go hand in hand", and Xiong'an New District has achieved full coverage on April 30.
According to reports, on April 30, 283 household billing units in the Xiongan New District (including three counties) realized full coverage of financial electronic bills. According to statistics, as of June 22, 408,984 electronic bills were issued, involving an amount of 293.68 million yuan.

More than 40 companies across the country have launched "anti-epidemic" blockchain applications, and Hangzhou and Beijing have the most companies

secondary title

Safety

Balancer Suspected Another Flash Loan Attack, Hackers Gained 10.8 ETH

Balancer Suspected Another Flash Loan Attack, Hackers Gained 10.8 ETH
Twitter netizen @frenzy_hao said that hackers once again used dYdX’s flash loan to attack the COMP trading pairs in some of Balancer’s liquidity mining pools, and took away the unclaimed COMP rewards in the pool, making a profit of 10.8 ETH, which is about 2408 US dollars.
Balancer Labs announced in the evening that after discussions in the community, the team decided to fully compensate users who suffered losses due to previous attacks, and will also provide Hex Capital with the highest amount of bug bounty. More details will be released at a later date.

Investment and Financing

Digital Bank Tonik Financial Receives $21 Million in Series A Equity Financing Led by Sequoia India and Point72 Ventures

Digital Bank Tonik Financial Receives $21 Million in Series A Equity Financing Led by Sequoia India and Point72 Ventures
Shenzhen plans to focus on supporting 12 major digital economy industries, including blockchain and financial technology

global policy

Shenzhen plans to focus on supporting 12 major digital economy industries, including blockchain and financial technology

Recently, the Shenzhen Bureau of Industry and Information Technology issued a notice on the public solicitation of opinions on the "Shenzhen Digital Economy Industry Innovation and Development Implementation Plan (Draft for Comment)". The "Implementation Plan" lists 12 key support areas, including big data industry, cloud computing industry, blockchain industry, information security industry, artificial intelligence industry, integrated circuit design industry, industrial Internet industry, financial technology industry, smart city industries, e-commerce industries, digital creative industries, and other new formats.

Character·Voice

The Jiangxi Ji'an Court reminds the public: Be wary of more than 400 funds, and virtual currency is "the most fashionable scam"

The Jiangxi Ji'an Court reminds the public: Be wary of more than 400 funds, and virtual currency is "the most fashionable scam"
The official account of the Intermediate People's Court of Ji'an City, Jiangxi Province published an article "Emergency Warning: More than 400 funds are all scams!" It may make you bankrupt...", the article stated that more than 80% of the funds are from international scammers from the United States. They are targeting a considerable part of the Chinese people with the temptation of "high-yield investment and financial management", in order to increase the false "violence" "Growing speed" to attract investors, they sell a few, a dozen or even billions of virtual coins to the market.