5 must-reads in the evening | Why you don't need to worry about the Bitcoin ban?

1. Why you don't need to worry about a Bitcoin ban?

Skeptics often argue that when Bitcoin becomes too important and threatens U.S. sovereignty, the government will ban it. At least these critics understand the importance of Bitcoin, and the power exerted by the US currency monopoly. What they don't understand is the power of distributed open source technology and the game theory the United States faces in making these decisions. TLDR: Bans are ineffective, they simply cede global technological power to peers. The U.S. government is more inclined to try retrogressive regulations. If you live in this type of regime, you need Bitcoin more than you think. click to read

Huobi market report丨BTC increased in volume at night, and institutions entered the market to increase their holdings: According to Huobi market, BTC increased in volume last night, breaking through the previous resistance level of 10,500 USDT, and reaching a peak of 10,795.53 USDT. In the past two days, Grayscale Trust has finally become active-zce again after being silent for nearly a month. In the last 2 days, Grayscale Trust has accumulated approximately 17,000 bitcoins. It has brought new vitality to the market. As of 10:00, the specific performance of mainstream currencies is as follows: [2020/9/25]

2. Golden Outpost | SEC Chairman Calls on Congress to Develop Investor Protection Framework for Crypto Exchanges

Golden Evening News | List of important news on the evening of September 5: 12:00-21:00 Keywords: Tongzhou, SushiSwap, Tether, EOS network, Swerve

1. Zhao Lei, head of Tongzhou District, Beijing, said that 27 reform tasks such as legal digital currency will be piloted in the sub-center.

2. Tether transfers 50 million USDT from TRC20 to EOS chain.

3. The Alibaba Public Welfare Foundation released the first domestic public welfare blockchain standard.

4. SushiSwap may perform liquidity migration after 48 hours.

5. BB, CEO of Block.one, said that EOS is the only decentralized organization controlled by its token holders.

6. Founder of yearn.finance: The design of the Curve fork project Swerve is very wise.

7. ChainSafe is funded by the Ethereum Foundation and will maintain the Web3JS project. [2020/9/5]

Newly-appointed SEC Chairman Gary Gensler sees loopholes in regulation of bitcoin trading on exchanges, and during a hearing of the House Financial Services Committee on May 6, he called on Congress to make some key decisions on cryptocurrency regulation . click to read

Golden Evening News | A list of important news on the evening of April 1: 12:00-21:00 Keywords: Industrial and Commercial Bank of China, Yunnan, Shaanxi, GitHub

1. Xi Jinping: Using cutting-edge technologies such as big data, blockchain, and AI to promote urban management innovation;

2. ICBC accelerates the R&D and application of blockchain technology in the financial field;

3. Yunnan People's Government Information Office: Fully promote blockchain invoices;

4. Shaanxi: Promote blockchain and other new technologies to cooperate with countries along the “Belt and Road”

5. Analysis of the status quo of talent supply in the blockchain industry in 2020 Young and highly educated talents are the main force;

6. GitHub plans to store a large amount of open source code in the form of film in a Norwegian iceberg mine

7. Tether Chief Technology Officer: Stablecoins can inject liquidity and stability into DeFi;

8. Media: Korean regulators may ban DeFi platforms;

9. Zheshang Bank: 1 block chain patent has been authorized. The block chain application does not involve digital currency. [2020/4/1]

3. Golden Outpost | To prevent capital outflows, Iran’s central bank bans trading in foreign-mined cryptocurrencies

Iran, which has abundant energy reserves such as oil and natural gas, makes bitcoin mining relatively cheap and profitable. Since legalizing cryptocurrency mining (but not trading) in 2019, Iran has sought to regulate the industry to its advantage. The Central Bank of Iran (CBI) has banned the trading of Bitcoin and other cryptocurrencies mined outside the country, according to Iranian media reports. This may indicate the intention of Iranian regulators to oppose capital outflows. click to read

4. Digital Talent Prosperity Index Report: The national average annual salary is about 150,000 yuan

Digital technologies such as artificial intelligence, blockchain, cloud computing, and big data have brought human society into the era of digital economy with lightning speed, and the fourth industrial revolution has kicked off with an unstoppable momentum. my country has incorporated the development of the digital economy into the national 14th Five-Year Plan, and various regions have issued plans to promote the development of the local digital economy. In order to explore the law of the development of my country's digital economy, explore the quality of digital economy development in various regions, and discover typical companies that practice the development strategy of the digital economy, the China Digital Development Index Report Series is hereby released for reference by all parties. The series includes three series of listed company special, subdivided index and comprehensive index. click to read

5. zk rollup pre-consensus mechanism with the best of both worlds

This paper outlines a pre-consensus mechanism that achieves instant finality and reduces validation gas costs without compromising zkRollup's instant fund exits. Click to read

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