Golden Morning Post | The new algorithmic stable currency FeiProtocol announced the closure of the burn mechanism

Headlines ▌The new algorithmic stablecoin FeiProtocol announced the closure of the burn mechanism The new algorithmic stablecoin FeiProtocol announced the closure of the burn mechanism to deal with the previous incentive loopholes. As previously reported, the FeiProtocol team stated that due to a loophole in the calculation of Fei incentives, all minting rewards for FEI will be suspended. As of press time, according to Huobi global data: BTC’s recent transaction price was $55,948, with an intraday change of -0.9%; ETH’s latest transaction price was $1,964, with an intraday change of -0.64%; BCH’s latest transaction price was $616, with an intraday change -1.38%; BSV's latest transaction price is $240.27, an intraday change of +0.57%; EOS's latest transaction price is $5.92, an intraday change of -0.79%; LTC's latest transaction price is $219, an intraday change of +0.45%; The latest transaction price of DOT is 39.56 US dollars, with an intraday increase and decrease of +1.02%. Policy ▌The South Korean government has promised to take action against illegal encryption market activities Jinse Finance reported that the South Korean government has promised to take action against illegal encryption market activities. Korea’s Financial Services Commission, Ministry of Finance, Ministry of Justice and other regulators met on April 7 to discuss virtual asset transactions. "We will strictly crack down on illegal activities related to transactions, such as manipulating market prices, money laundering, and tax evasion using virtual assets," the authorities wrote in an announcement after the meeting. In addition, the authorities have also hinted that they will increase their efforts to monitor encrypted transactions in order to facilitate the collection of income taxes on encrypted asset gains, which is expected to take effect in early 2021. After the meeting, the Bitcoin "pickle premium" dropped sharply. Notably, none of the agencies participating in the meeting appeared to propose actual changes to the country's laws or regulations. Instead, they simply confirmed a new focus on enforcing existing regulations. Golden hot search-zce list: ETP is at the top of the list: According to the data of Golden Finance and Economics ranking list, in the past 24 hours, the search-zce volume of ETP topped the list. The specific top five list is as follows: ETP, KCASH, LBA, DASH, XRP. [2020/11/15 20:53:15]▌Minister of Economy of the United Arab Emirates: Cryptocurrency and asset tokenization are the key to doubling GDP Abdulla Bin Touq Al Marri, Minister of Economy of the United Arab Emirates, delivered a speech at the World Economic Forum Global Technology Governance Summit held today Cryptocurrencies and asset tokenization will be key to the country's plan to double its GDP, a panel said. Al Marri said the country wanted to increase its GDP by 7 percent a year, which would allow it to double the size of its economy by 2030. Tokenization will be a key element of this work, as "tokenization complements an information-based economy." Blockchain applications Chain Technology Application Major Recently, in order to strengthen the construction of the national teaching standard system for vocational education, implement the dynamic update requirements for vocational education majors, and promote professional upgrading and digital transformation, the Ministry of Education issued the "Vocational Education Professional Catalog (2021)", with a total of 19 Major categories, 97 professional categories, and 1349 majors. Among them, for the new profession of blockchain engineering and technical personnel, a blockchain technology application specialty is designed. Golden Hot Search List: MCO is at the top of the list: According to the data of Jinse Finance and Economics ranking list, in the past 24 hours, the search-zce volume of MCO topped the list. The specific top five list is as follows: MCO, IOST, OMG, BNB, HC. [2020/11/4 11:38:59]▌Sichuan Province’s blockchain copyright infrastructure "New Chain" was officially released and started construction On April 6, the Sichuan Province blockchain copyright infrastructure "New Chain" was officially released and started construction , and will be launched nationwide in June 2021. The "New Chain" is organized and operated by the Sichuan Provincial Blockchain Copyright Special Committee. It is the Sichuan Provincial People's Government's "Sichuan Provincial Blockchain New Infrastructure Construction Action Plan" and "National Digital Economy Innovation and Development Experimental Zone (Sichuan) Construction Work Plan". "Designated to support the construction of the copyright ecological chain of the Sichuan Province blockchain service infrastructure "Shuxin Chain". With the concept of co-construction, co-maintenance and sharing, the "new version of the chain" aims to build a highly credible Sichuan blockchain copyright infrastructure open to the whole country. Cryptocurrencies ▌Wyoming legalizes online sports betting and allows betting with cryptocurrencies . ▌California real estate company Caruso Properties accepts bitcoin rents Golden Finance reported that California real estate giant Caruso Properties will accept bitcoin rents. Through a partnership with Gemini, Caruso will allow tenants of its retail and commercial properties to pay rent in Bitcoin. Additionally, Caruso has allocated approximately 1% of its reserves to Bitcoin. Golden Relativity | Xuan Hongliang: Blockchain technology has made substantial progress in copyright management, copyright finance and other fields: In the Golden Theory of Relativity held today, it was aimed at "how is the current progress of blockchain technology in the field of copyright? What changes has the copyright industry brought?" Xuan Hongliang, executive deputy secretary-general of the Capital Copyright Industry Alliance, said that blockchain technology can be used in the fields of copyright management, confirmation, authorization, right to use, authentication, rights protection and copyright finance. It has begun to be fully implemented and has made substantial progress. There are three main aspects: (1). The application of blockchain technology in the field of copyright confirmation. We have proposed a complete solution of blockchain technology in the copyright confirmation business, and have achieved large-scale application. Starting in the second half of the year, the copyright chain will be fully opened to provide credible rights confirmation services for the copyright industry. (2). The application of blockchain technology in the field of copyright protection. We are committed to promoting administrative and judicial collaborative governance in the field of copyright protection, and have also made breakthroughs. In the future, the problem of difficult rights protection will be solved to a large extent. (3). The application of blockchain technology in the field of copyright transactions. Relying on the copyright chain, carry out credible copyright trade and copyright transaction activities. In the second half of the year, we selected 8 fields including publishing, pictures, music, short videos, artworks, and education to carry out demonstrations. [2020/6/4]▌Coinbase CEO will release a series of music NFT Golden Finance Report, Coinbase CEO Brian Armstrong will release a series of electronic music NFT created with DJ DAVI (also known as David Khanjian). Jinse Finance contract broadcast | BTC bounced back after falling: According to Huobi’s BTC quarterly contract market, as of 16:00 (GMT+8), the BTC price was temporarily reported at $6191 (+0.96%), and the 24-hour quarterly contract volume was 16.45 billion (+47.29%). Since yesterday, the BTC quarterly contract has dropped to 5,800 US dollars, and then rebounded after shocks, and the trading volume has increased significantly. According to Huobi contract data, the total BTC positions increased slightly, and the long positions of large investors increased. Quarterly contract discounts increased slightly. The price of USDT on Huobi Global OTC is $7.26, with a premium rate of 2.40%. Premium rates remain stable. [2020/3/30]▌Bitmain once again sued Whatsminer and Yang Zuoxing for infringing on trade secretsApril 7 news, Bitmain Technology Co., Ltd. Electronic Technology Co., Ltd. (abbreviated as MicroBT Company) and Beijing Branch of Shenzhen MicroBT Electronics Technology Co., Ltd. (referred to as MicroBT Beijing Company), as defendants, filed a lawsuit for infringement of trade secrets with the Beijing Intellectual Property Court. ten thousand yuan. The Beijing Intellectual Property Court has officially accepted the case. An article published in Intellectual Property Finance stated that Yang Zuoxing was an employee of Bitmain and fully participated in the development of a new generation of chips since early 2015. In May 2016, the research and development of the chip was completed. Three months later, Yang Zuoxing left his post without going through any resignation procedures and handing over materials. In July 2016 (before leaving the post), Zuoxing Yang founded Shenzhen BT Micro Electronics Technology Co., Ltd., and in less than 5 months after its establishment, BT Micro completed the chip design and officially taped out. In April 2017, MicroBT's Whatsminer M3 mining machine began mass production and went on the market. In such a short period of time, MicroBT has completed a series of complex processes from the establishment of the company, chip design, tape out, to the mass production of mining machines, which obviously does not conform to the normal product development cycle, and MicroBT at that time The Shenma mining machine products produced are very similar to those of Bitmain. In 2019, Bitmain requested the public security organs to take criminal measures against Yang Zuoxing and other subjects on the grounds that Yang Zuoxing and Bitmicro violated commercial secrets. It is understood that the purpose of Bitmain’s lawsuit for technical secret infringement is to ask Yang Zuoxing and MicroBT to make up for the economic losses caused by their infringement, and at the same time to ask them to stop infringing on commercial secrets. Golden Exclusive Digifinex Co-Founder Shi Leqi: The U.S. citizen meeting is good news for cryptocurrencies: The U.S. Securities and Exchange Commission (SEC) will hold a citizen meeting (Town Hall Meeting) to discuss issues that investors care about such as the cryptocurrency industry and network security. For this meeting, Golden Finance invited Shi Leqi, co-founder of Digifinex, to give an interpretation of this meeting. Shi Leqi said: Recently, due to hacker attacks, the market has been excessively volatile, but with the continuous growth of admission funds, we believe that investors are capable Make informed choices. The SEC has made it clear that it has a positive attitude towards blockchain projects and digital assets, and this meeting is definitely good news. In addition to shortening the distance between the SEC and investors and helping to establish norms and guidelines, it can also allow relevant government agencies to better understand market needs and promote the establishment of a digital asset ecosystem. [2018/6/13]▌NBA Heat officially announced that FTX.us will be the exclusive sponsor of the main stadium of the Miami Heat At 9:40 p.m. The exclusive naming of the main stadium for the next 19 years ends American Airlines' 20-year exclusive naming rights to the stadium. At that time, the main stadium of the Miami Heat will be named FTX Stadium (FTX Arena). Eric Woolworth, President of Business Operations, Miami Heat Group, said: "FTX.us is an exciting young company that continues to grow at lightning speed in an emerging category of the financial services industry, and we are delighted to welcome them to the The magical city of Miami. This is a pioneering and pioneering cooperation in our industry, which will attract global attention." FTX.us CEO SBF said: "Internet technology and digital finance are developing at an incredible speed. We hope Cooperate with a city that is vibrant, diverse, innovative and always forward-looking." Earlier, SBF also mentioned in an interview that part of the reason for naming the stadium of the NBA Miami Heat is charity, and in his opinion this part is Invest in your community. Miami is a growing hub for cryptocurrency businesses, and the high-profile deal could attract a new class of users who have never touched cryptocurrencies. John Vidalin, Executive Vice President and Chief Commercial Officer of the Miami Heat, said, "Through our partnership with the Heat, FTX.us is planting their flag in the global sports arena as well as in Miami, which will serve us well for many years to come." Connecting them to this community in a meaningful and impactful way, we can’t wait to start helping them grow their business and brand.” As previously reported, FTX.us purchased the naming rights to the Miami stadium for $135 million. The Miami Heat's main stadium named after FTX is the first world-class stadium named after an encrypted exchange, and it is also the first name change of the American Airlines Center Arena in Miami since its establishment. ▌McDonald's France will launch NFT artwork based on its food on April 9th News on April 7th, the Twitter account of McDonald's France branch hinted that it will launch an NFT artwork based on its food on April 9th. Named "McDoNFT", the food contained in this series of NFTs are Big Macs, French fries and sundaes. Previously, the local media la Réclame reported that McDonald's France will launch an NFT tokenized by the advertising company DDB, which will be issued to the Opensea platform, and a total of 20 NFTs will be launched. ▌South Korea's "Kimchi Premium Rate" plunged 60%, or due to a large BTC sell-off Larry Cermak, director of research at The Block, tweeted that the Kimchi Premium Rate (Kimchi Premium) plunged within 10 minutes, falling from 17% to 9% , 1 hour drop of 60%. Data from Whale Alert and others show that the dip in the premium rate of kimchi may be caused by a large BTC sell-off. The kimchi premium represents the difference between the bitcoin price on Korean exchanges and the spot rate on other global exchanges. The reasons for the discrepancy are complex, but are mostly attributed to trading restrictions and domestic capital controls unique to Korean exchanges. Important economic news ▌Tuniu Travel and Tuhu Cars support digital renminbi payment The digital renminbi APP recently updated shows that the sub-wallets of the six major state-owned banks, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, Construction Bank, Bank of Communications, and Postal Savings Bank, are new Added Tuniu Tourism. In addition, Tuhu car maintenance has been added under the Bank of Communications sub-wallet. It is understood that the digital renminbi can be used to pay for Tuniu travel orders and Tuhu car service consumption. ▌Fed Daly: It is expected that the inflation rate will take one to two years to reach 2% in a sustained manner. The Fed Daly said that it is expected that the inflation rate will take another one to two years to reach 2% in a sustained manner. Golden Encyclopedia▌Golden Encyclopedia丨Inventory of mainstream products in the digital currency wealth management marketBaby products refer to users who can transfer idle digital currency assets. Products similar to Yu’ebao have appeared in the market since last year, due to their simple operation High flexibility has been favored by the market. Staking is in the POS and POS-like consensus mechanism, earning income through equity pledge lock-up. The main source of income is the inflation mechanism in the digital asset system, and interest-bearing currency is the most important application. Cloud computing power mining is an investment form of indirect mining in which users obtain cryptocurrency income by purchasing computing power.

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