Weekly industry summary: Coinbase stock price fluctuates after listing, Ethereum network completes Berlin hard fork upgrade

Summary of hot spots: 1. Federal Reserve Chairman Powell: The Federal Reserve is working hard to study digital currency. 2. The newly added USDT in 2021 has exceeded the total additional issuance in the previous 7 years. 3. Nvidia Encryption’s sales in the first quarter were 150 million US dollars, and Canaan Technology’s revenue last year was about 450 million US dollars. 4. The NYSE issues NFTs for the first trades of six iconic stocks. 5. Coinbase stock was officially listed, and the stock price of COIN fluctuated sharply after the listing. 6. U.S. senators are drafting bills establishing tax filing requirements for cryptocurrencies. 7. The Ethereum network has completed the Berlin hard fork upgrade. 8. Bitcoin has reached a new high. In theory, Satoshi Nakamoto is already the richest man in the world. 9. Turkey banned cryptocurrency payments from April 30. 10. Star Alliance invested 1.3 billion US dollars to build China's largest Filecoin distributed storage industrial park. 11. Naomi Osaka has issued NFT and auctioned it, and Snowden NFT was successfully auctioned for $5.47 million. 12. U.S. congressmen demanded restrictions on all Chinese high-end chip companies, Bitmain Shenma, etc. may be affected. Data: Web3 has about 5,000 weekly active-zce developers, and Ethereum ranks first with 1,720: Golden Finance News, Twitter user @Tisoga quoted GitHub data, indicating that the weekly active-zce developers of the Web3 ecosystem have remained at 5,000 in the past three months Among them, Ethereum ranked first with 1720, accounting for about 34.4%, followed by Polkadot (796), Cosmos (358), Solana (333), Bitcoin (267) and so on. [2022/8/8 12:08:46] Hot text: 1. Federal Reserve Chairman Powell: The Federal Reserve is working hard to study digital currency. The Federal Reserve has been slow in issuing CBDC. Recently, Federal Reserve Chairman Jerome Powell (Jerome Powell) stated that the Federal Reserve is working hard to study digital currency, but has not yet made a decision. Talking about inflation, Powell said that the country's inflation rate is around 1.6%, which is far below the Fed's 2% target. China's central bank digital currency (CBDC) has attracted great attention from central banks and international financial organizations. The Biden administration is stepping up the review and research of China's digital renminbi plan. U.S. officials are not too worried about the immediate impact on the current global financial system. challenges, eager to understand how the digital yuan will be distributed. 2. The newly added USDT in 2021 has exceeded the total additional issuance in the previous 7 years. The npm package downloaded millions of times a week was hacked to embed encryption mining malware: News on October 23, the US Cybersecurity and Infrastructure Security Agency warned on Friday that a popular JavaScript library (npm package) Hacked and modified with malicious code that downloads and installs a cryptocurrency miner on systems with infected versions installed. The incident was discovered on Friday, October 22. It affects UAParser.js, a JavaScript library for reading information stored in user agent strings. According to its official website, the library is used by Facebook, Apple, Amazon, Microsoft, Slack, IBM, HPE, Dell, Oracle, Mozilla, Shopify, Reddit, and many Silicon Valley companies. According to its npm page, the library also regularly has between 6 and 7 million downloads per week. Broken versions: 0.7.29, 0.8.0, 1.0.0. (the record) [2021/10/23 6:09:05] The stable currency USDT is a token based on the stable value currency US dollar launched by Tether. Users can exchange USDT into US dollars at a ratio of 1:1 at any time. USDT entered the encryption market in November 2014, and encryption investors provided a channel to convert their tokens into legal tender. Since its listing as of January 1, 2021, the total market value of the stablecoin USDT is about 21.111 billion U.S. dollars. As of the press date (2021.4.17), the total market value of USDT in the encrypted market is 47.025 billion U.S. dollars. Since 2021, the chain has already The additional issuance of USDT worth 23.301 billion U.S. dollars has exceeded the total issuance of the previous 7 years since the beginning of this year. Dynamic | $160 botnet MasterMana interacts with 2,000 machines a week: Researchers believe a malicious $160 botnet could interact with 2,000 machines a week in an attempt to steal crypto wallets and personal information. American cybersecurity firm Prevailion published an article on its blog detailing how the MasterMana botnet was active-zce from December 2018 until September 24. The botnet may attack 2,000 machines per week, so it may have interacted with more than 72,000 machines this year. (CryptoGlobe) [2019/10/5] 3. Nvidia’s encryption sales in the first quarter were 150 million U.S. dollars, and Canaan Technology’s revenue last year was about 450 million U.S. dollars. NVIDIA Corporation, the chip maker with the highest market value in the United States, said on Monday that its revenue in the first quarter will exceed its previous forecast of $5.3 billion, of which the department that supports cryptocurrency mining is expected to have sales of $150 million this quarter, far exceeding The previously expected $50 million. According to the unaudited financial performance report of the chip design company Canaan Technology for the fourth quarter of 2020 and the whole year, the third quarter of 2020 was 163 million yuan, and the total revenue of canaan in the fourth quarter was 38.246 million yuan, which is expected to be the first in 2021. Its total quarterly revenue will not be less than 400 million yuan. Dynamics | Grayscale invested an average of $2 million per week in the fourth quarter of 2018: According to CCN, according to the quarterly report of the encrypted asset management company Grayscale, Grayscale invested an average of $2 million per week in the fourth quarter of 2018. Ten thousand U.S. dollars. With 88% of Grayscale’s digital asset investments in Bitcoin and only 12% of its investments in other digital assets, Grayscale declared in its quarterly report that this is “the return of Bitcoin maximalists.” The GBTC offering is clearly the most attractive to investors, but the company believes other digital assets will thrive in the future as well. In addition, about 40% of Grayscale's investments in the fourth quarter came from retirement accounts. [2019/2/17]4. NYSE issued NFT for the first transaction of six iconic stocks. The New York Stock Exchange (NYSE) stated on April 13 that it will issue NFT for the first transaction of six iconic stocks, celebrating the first transaction of stocks of well-known American companies through non-homogeneous tokens. The six iconic stocks include Spotify, Snowflake (Snowflake), Unity (game engine), DoorDash (US version of Meituan), Roblox and Coupang, the largest IPO project of the year. In the future, NFT users can access these NFTs through Crypto.com, and the exchange stated that more NYSE NFTs will be issued in the future. NYSE President Stacey Cunningham called it "a new and interesting approach" in a statement. News | Circle Launches Circle Research to Release Weekly Market Report: According to Circle's official blog, Circle has officially launched Circle Research to provide users with encrypted asset-specific research, encrypted market research, and help users make more informed decisions. Circle Research will also publish a weekly crypto recap every Friday, introducing readers to key crypto industry news, insights and succinct asset performance summaries of the past week via charts. [2018/10/10] 5. Coinbase stock was officially listed, and the stock price of COIN fluctuated sharply after the listing. Coinbase, a well-known compliant cryptocurrency exchange in the United States, was officially listed on the Nasdaq market on April 14, with the stock code: COIN. Goldman Sachs and Nasdaq have set the reference price for direct listing of Coinbase at 250 per share. Dollar. Coinbase has become the first listed exchange in the field of digital currency, and it will also be the first directly listed company listed on Nasdaq. After COIN was listed, the price of the stock fluctuated sharply that day. The market value once rushed to 112 billion US dollars at the beginning of the day, and fell back to 86 billion US dollars at the close. The Coinbase CEO open letter stated that the listing of Coinbase will be a milestone and will focus on the future, committing to increasing economic freedom in the world and building the best encryption experience for our community. 6. U.S. senators are drafting bills establishing tax filing requirements for cryptocurrencies. Recently, U.S. Senator Rob Portman stated at a hearing of the U.S. Senate Finance Committee that he is drafting a bill that would establish tax reporting requirements for cryptocurrencies, and asked the U.S. Internal Revenue Service (IRS) for feedback on the topic. Charles Rettig said reporting requirements for cryptocurrencies could help close the tax gap. The U.S. Internal Revenue Service has been aware of the tax issues of millions of cryptocurrency transactions and is suspected to be drafting related bills. US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said: Banning Bitcoin is like shutting down the Internet, and the government is "stupid" trying to do so. 7. The Ethereum network has completed the Berlin hard fork upgrade. On April 15th, when the block height of the Ethereum network reached 12244000, the hard fork upgrade of Berlin (Berlin) was ushered in at about 18:00 that day. This upgrade of the Ethereum network will include four new EIP improvement proposals, EIP-2929 and EIP-2930 proposals will affect the gas cost calculation of Ethereum network transactions. The Berlin hard fork mainly optimizes the performance of Ethereum's main network, optimizes contracts, covers Gas efficiency, updates the way the Ethereum Virtual Machine (EVM) reads code, and prevents denial-of-service (DDOS) attacks. In the past week, the average computing power of the entire Ethereum network was 502.37 TH/s, and the average block generation time was 13 seconds. As of April 16, 74.6% of clients are ready to upgrade. 8. Bitcoin has reached a new high. In theory, Satoshi Nakamoto is already the richest man in the world. In 2021, two months ago, when the price of Bitcoin exceeded $50,000, Meituan founder Wang Xing said in a message on February 16: Satoshi Nakamoto is recognized as the father of Bitcoin and owns 1.12 million Bitcoins. On April 14, according to ZB market data, BTC broke through the $64,000 mark one after another, reaching a peak of $64,700, a record high. On January 3, 2009, Satoshi Nakamoto dug out the creation block of Bitcoin on an ordinary computer located in Helsinki, Finland, and obtained the first reward of 50 Bitcoins automatically generated by the system. Satoshi Nakamoto of Bitcoin is theoretically already the richest man in the world. 9. Turkey banned cryptocurrency payments from April 30. On April 16, foreign media reported that Turkey will ban cryptocurrency payments from April 30, 2021. The Central Bank of the Republic of Turkey (CBRT) stated that encrypted assets have significant risks, and encrypted assets may be used for illegal activities. CBRT also stated that encrypted assets are neither subject to any regulatory and supervisory mechanisms, nor supervised by a central regulatory agency, and the market prices of cryptocurrencies will fluctuate excessively and may be used for illegal purposes. 10. Star Alliance invested 1.3 billion US dollars to build China's largest Filecoin distributed storage industrial park. On April 16, Filecoin officially released an article, Star Alliance announced an investment of 1.3 billion US dollars to build China's largest Filecoin distributed storage industrial park. The distributed storage industrial park is located in the high-tech zone of Fuzhou City, Jiangxi Province, with a total investment of 8.5 billion yuan and an area of 160 acres. After completion, it will become China's largest IPFS and Filecoin distributed storage infrastructure project. 11. Naomi Osaka has issued NFT and auctioned it, and Snowden NFT was successfully auctioned for $5.47 million. On April 17th, Japanese tennis star Naomi Osaka cooperated with the NFT platform Basis.Space to issue NFT on the Flow network and conduct auctions and lucky draws on the Basis.Space platform. A total of 5 NFT works will be auctioned, and the auction will end on April 23. One work will be used for a lottery, and all proceeds will be used to support girls' sports. Edward Snowden, who once revealed the U.S. "Prism" program, started auctioning the NFT called "Stay Free" on Thursday. The bidding price of the collection reached 40 ETH (slightly more than 100,000 US dollars), today the work has been auctioned on the Foundation platform, and the final transaction price is 2224 ETH (about 5.47 million US dollars). 12. U.S. lawmakers demanded restrictions on all Chinese high-end chip companies, Bitmain Shenma, etc. may be affected. U.S. senators sent a letter to the U.S. Secretary of Commerce demanding that all Chinese high-end chip companies be restricted from selling semiconductors made abroad using U.S. technology to Huawei under the rule that requires a U.S. license, extending the restriction to designs at or below 14 nanometers Any Chinese company with more advanced chips. Industry insiders pointed out that if this restriction is implemented, it will have a great uncertainty impact on chip design companies Bitmain, Shenma and other mining machine companies that mass-produce advanced technology chips.

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