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Golden Morning Post | Digital RMB public beta upgrade MYbank (Alipay) officially listed




▌Digital RMB public beta upgrade, MYbank (Alipay) officially listed

The digital renminbi sub-wallet has been expanded again, and MYbank, one of the first Internet banks in China, has become an early adopter, becoming the seventh commercial bank to participate in the public test. The digital renminbi app is an application platform for my country's pilot digital renminbi, and the six major state-owned banks have already participated in it by setting up sub-wallets. Many experts believe that the participation of MYbank (Alipay) in the public beta is not only good news for the digital renminbi test, but also a huge opportunity for MYbank (Alipay). In the future, as WeBank launches public beta testing, digital currency applications will become more interesting.


As of press time, according to Huobi global data:

The latest transaction price of BTC is 58322.60 US dollars, with an intraday increase and decrease of +1.64%;

The latest transaction price of ETH is 3919.87 US dollars, with an intraday increase and decrease of +1.07%;

The latest transaction price of BCH is 1403.55 US dollars, with an intraday increase and decrease of +4.79%;

The latest transaction price of BSV is 358.58 US dollars, with an intraday increase and decrease of +6.60%;

Golden Relativity丨Lin Han: Verifiers can share the verification benefits but may also be fined or even expelled: In the Golden Relativity held today, in response to the question "What are the opportunities and risks of becoming an Ethereum verifier?" OKEx mining pool operation Director Lin Han pointed out in his speech: To become a validator of Ethereum, the requirements are actually very simple. As long as you have 32 ETH and pledge it to the margin contract on the main network, you can get a validator qualification. The advantage of becoming a verifier is that you can share the verifier's income. When the pledge rate of the entire network of Ethereum 2.0 is relatively low, the rate of return will be relatively high; as the number of verifiers in the entire network gradually increases, the rate of return will eventually decline. to a stable level. The risk is that validators will be slashed or even expelled if their effective balance falls below the threshold, or if they make an error or other violation. Verifiers are randomly selected to participate in proposing and proving new blocks on the beacon chain. With 100,000 verifiers in the entire network, a verifier will be asked to propose a block verification every two weeks on average. [2020/6/17]

The most recent transaction price of EOS is US$10.3, with an intraday increase and decrease of +3.41%;

The latest transaction price of LTC is 382.95 US dollars, with an intraday increase and decrease of +0.44%;

The latest transaction price of DOT is 40.45 yuan, with an intraday increase and decrease of +1.66%.

Analysis | Golden disk: ETH/USD continues to be under pressure at $300: Comprehensive analysis of the golden disk: ETH/USD continues to be under pressure at the resistance of $300. At present, the inflow and outflow of funds are in a relatively balanced state, and the upward momentum is insufficient. [2018/8/17]


▌South Korean Police Warn Cryptocurrency Investors to Beware of Phishing Scams

According to South Korea's JoongAng Ilbo on May 10, the Ministry of Science, Technology, Information and Communication and the Police Agency stated that 32 "phishing" websites were discovered in the last three months. Among the 21 cases the police are investigating include hacking individual investor crypto exchange accounts and selling cryptocurrencies at will. The police warned that cryptocurrency investors should be aware of phishing scams such as chat tools, text payments, or fake websites to steal personal information or install malicious programs on mobile phones, which may lead to cryptocurrency exchange accounts being hacked.

Blockchain Application

▌Six large state-owned banks in Shanghai are quietly promoting digital renminbi before the May 5 shopping festival

In Shanghai, six large state-owned banks are quietly promoting the digital yuan ahead of the May 5 shopping festival to enforce a political mandate to offer consumers alternative payment methods to Alipay and WeChat Pay. Banks are convincing merchants and retail customers to download digital wallets so that transactions in the pilot program can be made directly in digital yuan, bypassing the ubiquitous payment pipelines laid by Ant Group. Under the guidance of the People’s Bank of China, a bank official who participated in the Shanghai pilot digital renminbi pilot said: “People will realize that the digital renminbi payment is very convenient, and I don’t have to rely on Alipay or WeChat payment anymore.” The PBOC has publicly stated, Electronic currency will not compete with Alipay or WeChat Pay, but only as a "backup" and "another choice". But in private, the state-owned banks that market digital fiat currencies for the central bank have bluntly stated that the state will somewhat weaken the dominance of the two payment methods.

Analysis | Golden disk: ETH/USD leveraged contract transaction volume accounts for about 90% of the entire network: Comprehensive analysis of the golden disk: ETH’s entire network transaction volume continues to occupy a high level, of which about 90% comes from USD-based leveraged contracts. There will be large fluctuations. From a technical point of view, the upper resistance comes from 300, so pay attention to whether it can be effectively broken through. [2018/8/16]


▌USDC Ethereum circulation exceeded 15 billion US dollars, a record high

On May 10, according to DeBank data, the circulation of the stablecoin USDC Ethereum exceeded 15 billion US dollars for the first time, hitting a record high. At the time of writing this article, it was 15,085,526,807 US dollars, with 29,501 24-hour active-zce addresses and nearly 60,000 transfers in 24 hours. The amount transferred reached $5,944,124,845. The stable currency on Ethereum is the legal currency used in the blockchain network. It is usually riveted with the price of the legal currency, audited by a third party, and has real US dollars as a reserve or a complex algorithm to guarantee its price. USDC is the second largest stablecoin issued on the Ethereum blockchain, followed by USDT with a current circulation of $25,916,047,048.

▌MicroStrategy CEO: Dogecoin boom is good for the entire encryption industry

Analysis | Golden disk: NEO/USDT rebounds again: Comprehensive analysis of the golden disk: NEO/USDT continues to rebound, with an increase of 4% within 1 hour. Continue to pay attention to the resistance of 14.60 above, a breakthrough can really open up the upside space. [2018/8/16]

According to news on May 10, MicroStrategy CEO Michael Saylor said that the rise of Dogecoin driven by fanaticism is beneficial to the entire encryption industry. Saylor said that as investors became frustrated with the inflation of the dollar, people turned to investment opportunities with huge risks, such as GameStop and Dogecoin. Saylor noted that growing risk appetite is good for cryptocurrencies. Saylor added that Dogecoin provides a lot of fun and entertainment for people, attracting crypto newbies in the process.

▌V God Wallet received 50% of SHIB in August 2020

According to the Shiba Inu white paper, 50% of the supply of SHIB will be sent to the V God wallet for destruction. This transfer has been completed between August 1st and 3rd, 2020. With the surge of SHIB, the value of SHIB owned by V God has exceeded 8 billion US dollars. But everyone knows that the transfer of SHIB to V God’s wallet does not mean destruction. How do you think V God will deal with these tokens? Note: V God has never expressed any relationship with SHIB.

Analysis|Gold disk: ONT/BTC trading pair has a sharp correction: Golden disk comprehensive analysis: ONT/BTC trading pair has a sharp correction, the lower support pays attention to 0.00031, if it breaks, it will continue to accelerate, pay attention to trading risks. [2018/8/8]

▌ETH 2.0 developers: Altair upgrade specifications will be frozen around May 21, Vitalik’s proposal allows entrusting pledges to mining pools

Altair is a relatively minor beacon chain update planned for mid-year, ETH 2.0 developer Ben Edgington updated on Eth2 biweekly progress. According to a recent call from the developer, the client team is progressing fairly well in implementing the Altair spec. Current tentative time plan (uncommitted): Altair specifications are frozen around May 21; short-term testnet launch in early June (only Altair specifications, not fork conversion); try to fork the current testnet before the end of June ; Deployed to the beacon chain in late July and early August. In addition, the Altair upgrade will prevent validator rewards from being paid for one epoch unless a one-time fix is taken. The fix added implementation and testing complexity for relatively little payoff. In addition, the Vitalik proposal allows validators to change their signature keys: providing a way to delegate pledges to mining pools while retaining a degree of control and accountability for slashable behavior.

▌Morgan Creek founder: Bitcoin will reach $250,000 in five years

According to CNBC news on May 10, Morgan Creek founder Mark Yusko predicted that Bitcoin will reach $250,000 in five years. Yusko's $250,000 target is based on gold equivalents. If the monetary value of gold is $4 trillion, then Bitcoin as digital gold should rise to that total, making each BTC a quarter of $1 million. Yusko said that Bitcoin is not only a symbol of value, but many investors ignore and underestimate it. Bitcoin remains the gold standard in the crypto world.

▌Cryptocurrency trading website traffic reached 530 million in April

According to news from The Block on May 10, data from SimilarWeb showed that the world's top cryptocurrency exchanges attracted 530 million visitors in April. The 531.3 million was the second-highest monthly figure, slightly down from 531.7 million in January 2018, the data showed. In terms of market share, Binance’s monthly traffic share increased to 40.84%, and Coinbase’s monthly traffic share was 17.65%.

▌SpaceX accepts Dogecoin as payment method for launch of "DOGE-1 Moon Landing Mission" next year

According to official news, Geometric Energy Corporation (GEC) announced that the DOGE-1 lunar landing program will be launched on SpaceX’s Falcon 9 rocket, which is the first commercial lunar payload in history paid entirely by Dogecoin (DOGE). Geometric Energy's DOGE-1 lunar landing program will include the mission management division of its subsidiary Geometri Space Corporation (GSC) working with SpaceX to launch a 40-kilogram CubeSat in the first quarter of 2022 as the Falcon 9 Shared equipment for the Lunar Payload Mission. The payload will gain lunar space intelligence from sensors and cameras through an integrated communications and computing system. Geometric Energy CEO Samuel Reid said: "Geometric Energy and SpaceX have entered into such a large-scale formal transaction with DOGE to use DOGE as the accounting unit for lunar operations in the space field." Tom Ochinero, SpaceX's vice president of commercial sales, said: " This mission will demonstrate the utility of cryptocurrencies beyond Earth orbit and lay the groundwork for interplanetary commerce."

▌The total market capitalization of global cryptocurrencies has now surpassed the circulation of U.S. dollars

According to Coingecko data, the total market value of global cryptocurrencies is now about 2.54 trillion U.S. dollars, which has surpassed the circulation of U.S. dollars. According to data released by the Federal Reserve Economic Database (FRED) on April 29, the circulation of U.S. dollars was 2.15 trillion U.S. dollars.

Key Economic Developments

▌Fed Kashkari: Inflation will look higher in the next few months, but high inflation may be temporary

Federal Reserve Kashkari: Inflation will look higher in the next few months, but high inflation may be temporary, and there are still 8-10 million fewer jobs in the United States than before the epidemic.

Golden Encyclopedia

Understand the difference between contract trading and leveraged trading in one article

The essence of a contract transaction is an agreement that the buyer agrees to receive an asset at a certain price after a certain period of time, and the seller agrees to deliver the asset at a certain price after a certain period of time. Leverage trading is an investment that uses a small amount of funds to obtain returns that are several times the original amount.


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The cottage season is coming: Ethereum and DeFi are ready for another hot summer

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Golden Morning Post | Digital RMB public beta upgrade MYbank (Alipay) officially listed

Headline ▌Digital RMB public beta upgrade, MYbank (Alipay) officially listedThe digital renminbi sub-wallet has been expanded again, and MYbank, one of the first Internet banks in China, has become an early adopter.

Will Dogecoin break through $5 by the end of 2021?

Dogecoin has been all the rage this year. The digital asset has come a long way from being labeled a meme coin to becoming one of the hottest sensations in the cryptocurrency space. This year alone, DOGE has surged 6.

DeFi Data Weekly Report: Uniswap V3 goes live and becomes the third largest Dex in Ethereum trading volume

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The $730 million ETH option expires on Friday, and the Ethereum bulls maintain control

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