Crypto Exchange Crypto Exchange
Ctrl+D Crypto Exchange
Home > Ethereum > Info

Golden Morning Post | Musk announced that Tesla has suspended the use of Bitcoin payments




▌Musk announces that Tesla will suspend Bitcoin payments

Golden Finance reported that Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of Bitcoin payments. Musk said that Tesla will not sell any bitcoins and will use them for transactions once mining transitions to more sustainable energy sources.


As of press time, according to Huobi global data:

BTC's recent transaction price was US$51,216.74, with an intraday increase and decrease of -7.81%;

The latest transaction price of ETH is 3982.04 US dollars, with an intraday increase and decrease of -5.12%;

The latest transaction price of BCH is 1286.51 US dollars, with an intraday increase and decrease of -10.07%;

BSV's recent transaction price was US$330.81, with an intraday increase and decrease of -8.21%;

The most recent transaction price of EOS is 10.78 US dollars, with an intraday increase and decrease of -10.35%;

The latest transaction price of LTC is 316.60 US dollars, with an intraday increase and decrease of -11.82%;

The latest transaction price of DOT is 36.32 yuan, with an intraday change of -8.75%.

Golden Afternoon News | A list of important developments at noon on April 21: 7:00-12:00 Keywords: brick-and-mortar arbitrage, Poloniex downtime, crude oil treasure

1. Medvedev: The plunge in international crude oil futures prices is reminiscent of a "price cartel."

2. The latest case of Telegram's "brick-moving arbitrage" fraud Three users were defrauded of 834 ETH.

3. Poloniex was down for a while this morning, and all services have now been restored.

4. General Manager of Tencent Lingyu: Blockchain will play a role in the field of new infrastructure digital business.

5. Trading of the U.S. crude oil contract of the Bank of China crude oil treasure product was suspended today.

6. Yang Mindao, founder of dForce: Still concentrating on urgent issues that may reverse the outcome.

7. Changzhi City accelerates the implementation of blockchain projects in high-tech zones.

8. California judge: Blockvest should lose the SEC case.

9. OneCoin counterfeit scam OneLink appears to be operated by fugitive managers of OneCoin. [2020/4/21]


▌U.S. IRS Deputy Chief Legal Counsel: IRS can seize encrypted assets to repay overdue taxes

Jinse Finance reported that according to Robert Wearing, deputy chief legal counsel of the US Internal Revenue Service (IRS), the IRS can seize people’s cryptocurrency assets to repay overdue taxes. Earlier news, the U.S. Internal Revenue Service (IRS) obtained court approval to access user data on the Kraken exchange.

Golden Morning News | A list of important developments overnight on April 5: 21:00-7:00 Keywords: Economic Daily, Chongqing, the United States, Xiongan

1. Economic Daily: There are false transactions and data falsification on the trading platform;

2. eToro CEO: The correlation between the crypto market and the stock market is a sign of long-term volatility;

3. The construction of key new infrastructure projects in Jiangbei District of Chongqing started intensively, including blockchain and other fields;

4. A US law firm filed 11 class action lawsuits against the encryption industry;

5. Xiong’an newly released project bidding announcement. All projects need to manage the whole process of funds through the blockchain fund management platform;

6. Report: A total of 35 foreign-funded companies have applied for blockchain patents in China, including Microsoft;

7. BTC is now at $6,839.52, an intraday increase of 1.63%, and the top ten mainstream currencies generally rose. [2020/4/5]

▌The British court allowed Satoshi Aoben to sue 16 Bitcoin developers

Golden Finance reports that the law firm representing Craig Wright's Tulip Trading Company (TTL) has received approval from the London High Court to sue 16 individuals in a fight over funds from the defunct Mt. Gox exchange. Developers related to Bitcoin, including developers of BTC, BCH, BCH ABC, and BSV. In a statement, Cong's lawyers said: "Tulip Exchange is purely a victim of theft. They expect developers to take steps to recover their lost funds. As stated in the claim, Tulip Exchange "demands that individuals The developers enabled the company to regain access and control over its bitcoins."

News | Golden Finance survey confirms that "SEC approves bitcoin ETF news" as April Fool's Day news: After Jinse Finance investigation, the Financemagnates website, which first released the news of "SEC suddenly approved the issuance of Bitcoin ETF", has changed the headline of the news to confirm that "Bitcoin ETF Coin ETF passed" this news is April Fool's Day news. (The picture below is a comparison screenshot of the news before and after the Bitcoin surge)[2019/4/2]

▌Cuban President: Cuba may adopt a convenient cryptocurrency

Cuban President Miguel Díaz-Canel spoke about "the convenience of using cryptocurrencies (as part of the national economy)" during an online conference. He also spoke of his willingness to "continue to keep the public informed" of "decisions about the use of the currency," but gave no further details.

Blockchain Application

▌Boston Federal Reserve Bank President: Central Bank Digital Currency Can Improve Financial Inclusion

Eric Rosengren, president of the Federal Reserve Bank of Boston, said the central bank is exploring the technology needed to create a central bank digital currency, but more research is needed before it can be used. Central bank digital currencies could improve financial inclusion, reduce the cost of cross-border financial transactions, and provide greater flexibility in implementing monetary policy. But Fed officials need to fully consider the policy implications and trade-offs of using a digital currency, including potential threats to financial stability.

Analysis| Golden disk: ZEC short-term rebound, pay attention to the upper resistance suppression situation: comprehensive analysis of the golden disk: ZEC rebounded slightly after breaking through the previous offline trend line in the short-term, but the strength is not strong, pay attention to the resistance suppression of $190, only a breakthrough can continue to open upside. [2018/8/7]


▌The US SEC has fined $1.77 billion in encryption enforcement fines over the past seven years

Jinse Finance reported that a new report shows that in the past 7 years, the US Securities and Exchange Commission (SEC) has launched 75 encryption-related enforcement actions. The SEC’s crypto enforcement actions have resulted in $1.77 billion in fines.

▌Tesla CEO: Considering the use of cryptocurrencies with lower energy consumption

Golden Finance reported that Tesla CEO Elon Musk said on Twitter that Tesla is considering using cryptocurrencies with lower energy consumption. Concerns have been expressed about the impact of Bitcoin on the environment.

▌Colonial Pipeline has no plan to pay virtual currency ransom

Colonial Pipeline, the largest U.S. oil product pipeline operator, has no plans to pay the hackers a ransom, people familiar with the matter said. The hack shut down pipelines for six days and led to panic buying and gasoline shortages in the southeastern United States. Colonial Pipeline is working closely with law enforcement and U.S. cybersecurity firm FireEye to mitigate damage and restore operations. Previously, Colonial Pipeline was attacked and hackers demanded a ransom in virtual currency worth millions of dollars.

Jinse Finance reports that the price of Bitcoin and Ethereum has fallen, but the computing power has shown an upward trend: According to bitinfocharts data, although the price of Bitcoin is falling, the computing power of Bitcoin is showing an upward trend. Currently, the computing power of Bitcoin is 25.216Ehash/s, the computing power rose by 3.87% within 24 hours; Ethereum’s computing power also rose, currently 269.056Thash/s, 24 hours computing power increased by 1.67%; Bitcoin Cash’s computing power fell slightly, currently 2.706 Ehash/s, a drop of 0.28%. [2018/3/27]

▌Morgan Creek founder: expect Tesla to stop accepting US dollars

Golden Finance reported that Morgan Creek founder Anthony Pompliano tweeted: "Can't wait for Tesla to stop accepting U.S. dollars, because the U.S. dollar will have a negative impact on the environment!"

▌Diem moves main operations from Switzerland to the United States

Jinse Finance reported that Diem Association announced that its wholly-owned subsidiary, Diem Networks US, has established a partnership with Silvergate Capital Corporation. Under this partnership, Silvergate Bank will be the exclusive issuer of the Diem USD stablecoin and will manage the Diem USD reserves. The Diem Association also announced a strategic shift to the United States, transferring Diem's main operations from Switzerland to the United States to simplify the Diem distribution plan. As a result, Diem will withdraw its application for a payment system license from the Swiss Financial Market Authority (FINMA), as a FINMA license is not required under the new model. Silvergate is a bank chartered in California and a member of the Federal Reserve, while Diem Networks US will register as a money services business with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network.

▌Greyscale CEO: May we brainstorm together to find green cryptocurrency solutions

On May 13, Grayscale CEO Michael Sonnenshein quoted Musk’s tweet saying: Renewable energy has a huge opportunity to play an increasingly important role in the future of cryptocurrency (and mining). If you play games too, I'd love to bring together some of the brightest minds so we can brainstorm and identify measurable solutions.

▌V God withdrew liquidity funds from the SHIB pool and donated 50 trillion pieces to the New Crown Relief Fund in India

According to a tweet from The Block research analyst Igor Igamberdiev, according to Etherscan data, Vitalik Buterin has withdrawn liquidity funds from the SHIB pool. In addition, V God also dumped SHIB, AKITA and ELON, and replaced them with ETH. Some of the tokens were transferred to the India Covid-Crypto Relief Fund, the Methuselah Foundation and the GiveWell Foundation, which Polygon founder Sandeep Nailwal launched last month. Among them, V God donated 50 trillion SHIB (currently worth 1.2 billion US dollars) to the Indian New Coronary Encryption Relief Foundation. According to previous news, Vitalik Wallet received 50% of SHIB in August 2020.

▌Foreign media: Top hedge fund Balyasny is considering investing in Bitcoin

Top hedge fund Balyasny Asset Management is considering betting on Bitcoin. The Chicago-based hedge fund firm manages assets worth more than $10 billion. According to the report, Balyasny is conducting due diligence on Bitcoin and other digital assets.

Key Economic Developments

▌BoE Chief Economist: It's time to start tightening policy to avoid rampant inflation

Haldane, Chief Economist of the Bank of England: Now is the time to start tightening policy to avoid the risk of widespread inflation in the future.

▌U.S. 10-year Treasury yield stands at 1.7%

The yield on the U.S. 10-year Treasury note rose above 1.7% for the first time since April 13.

▌Wells Fargo: It is expected that it will take months for the Fed to start discussing reducing bond purchases

Given that the Fed is still waiting for inflation to exceed 2% for a sustained period, and the U.S. is still far from maximum employment, we believe it will be months before the Fed starts talking about tapering bond purchases. The annual GDP growth rate of the United States is expected to reach 7.0% this year, the second fastest since 1955 (GDP growth rate was 7.2% in 1984), but the fastest pace of expansion in decades has also brought side effects.

Golden Encyclopedia

▌One article to understand the difference between contract trading and leveraged trading

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.


Kusama slot auction coming soon Polkadot Parachain .....

Polkadot Kusama tweeted that the V0.9.1 version upgrade has been approved by the council and is currently in the public voting stage. The voting will end on May 14. This upgrade includes parachains.

Analysis of Ethereum Layer 2 Asset Bridge Solution: Arbitrum, zkSync and DeGate Bridge

The Ethereum Layer 2 ecology will usher in a situation in which a hundred flowers bloom. How to communicate between Layer 2 and Layer 1 may become a core issue. Since its birth in 2015.

Vitalik Buterin talks about NFT, DeFi and the development process of Ethereum 2.0.

Rhythm BlockBeats news, on May 8, at the just-concluded Ethereum Virtual Summit, Ethereum co-founder Vitalik Buterin expressed his views on the development of NFT, DAO.

Golden Morning Post | Musk announced that Tesla has suspended the use of Bitcoin payments

Headline ▌Musk announces that Tesla will suspend Bitcoin paymentsGolden Finance reported that Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of Bitcoin payments.

Golden DeFi Daily | The 24-hour trading volume of Uniswap V3 has exceeded $200 million

DeFi data 1. DeFi total market capitalization: $141.005 billion market capitalization top ten currency ranking data source DeFiboxDeFi total market capitalization data source: Coingecko2.

The first flash loan attack on the BSC chain with 30 million US dollars stolen.

In the world of DeFi, with the help of smart contracts.

All stablecoins can only be generated by mortgage assets.

All stablecoins can only be generated by mortgage assets, and algorithmic stablecoins use algorithms to achieve more efficient mortgage assets. Other pure algorithm-anchored coins, air coins without any collateral.