Guide: Blockchain has set off a new industry boom in China. Babbitt's weekly election will review the major events that have changed the industry trend in the past week from the perspectives of policy supervision, editorial, project ecological implementation, technology progress, platform construction, and investment. Investors and users can provide a basis for grasping the development trends and opportunities of the blockchain.
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- Bitcoin computing power has reached 10 billion, a record high
- Babbitt original | Blockchain will detonate interdisciplinary research, Bitcoin is only the first "nuclear bomb"
- Introduction to blockchain: the origin of the "island blockchain"
- How does Bitcoin fight against negative interest rates?
- Former CFTC Chairman: The launch of futures has pierced the bitcoin bubble, and bitcoin prices are more easily manipulated
- Bitcoin in an old gunhole: The currency system works because people want it to work
The cryptocurrency market is off to a perfect start in 2020. Bitcoin once surpassed $ 9,100, and it continued to set new year highs. BCH, BSV, and some privacy currencies have doubled their earnings. Blockchain industry financing has become active, and many blockchain companies have received tens of millions of financing. It seems that the financing wave is coming. After DeFi has flourished in 2019, this trend is continuing in 2020, and the number of ETH locked in the DeFi ecosystem has reached a record high.
I. Policy and supervision
The State Council of China issued guidance last week, proposing to accelerate the development of blockchain technology and industrial innovation, explore the "blockchain +" model, and promote the deep integration of blockchain and the real economy. Cryptocurrency taxes appear to be being adopted in many countries, and South Korea and Russia seem to be trying to tax them.
South Korean officials: Government considers 20% tax on cryptocurrency transactions
Russian officials: cryptocurrency bill expected to pass this spring, will define digital assets
State Council: accelerate the development of blockchain technology and industrial innovation
Is fintech "regulation sandbox" good or bad for blockchain?
Malaysia: Regulators publish IEO regulatory guidelines to take effect later in 2020
Will the establishment of a regulatory sandbox in six places in China become the place for China's blockchain financial innovation special zone?
Blockchain and physical applications
"Do you have a dedicated blessing?" Ji Wufu has become a part of the Chinese New Year in recent years. This year's Wufu is different. It adopted blockchain technology for the first time. Beijing builds a directory blockchain system, and 53 municipal departments have basically completed "on-chain". This year, Beijing will rely on the directory blockchain to promote the efficient sharing of government data, and at the same time promote the trial of district-level directory chains.
Blockchain is used for the first time to gather the five blessings: What is the experience of “blessing” sharing on the chain?
Blockchain + notarization sets off a wave of landings, another example in Shanghai
Judicial business integrates blockchain technology! Guangzhou's first submission of electronic forensic opinions
Jinan City officially launched the "Blockchain + invalid resident ID card verification and valid resident ID card information application service" system
The data of 53 municipal departments in Beijing was launched on the “Directory Blockchain”, and the online data sharing process started simultaneously
Third, technical direction
Ethereum 2.0 is undoubtedly one of the hot spots in 2020, and any progress may become the focus of the technical community.
Quick Tour of Ethereum 2.0 Update (7): Phase 1.5 Means Ethereum Says Goodbye to PoW
Is the MEV auction mechanism favored by God V a disruptive innovation or a kind of "exploitation" of miners?
Enterprise Ethereum Alliance (EEA) officially releases test network, blockchain era of interoperability is approaching
Fourth, investment and financing
In the past week, the financing performance of the Chinese and foreign blockchain industry has been very active, and many companies have completed new financing, including tens of millions of financing. With the blockchain becoming the country's core innovative technology, blockchain financing activities in 2020 are expected to be very active and will become an important financing area.
Zhongxiang Internet won the A + round investment of listed company Jihong, with a valuation of 105 million yuan after the investment
Crypto asset service provider Keystore secures $ 10 million in funding, led by Jianyuan Fund, distributed capital follow-up
Chengdu "Chain Technology" has recently received multiple rounds of financing, counting a total of 10 million yuan, led by Lenovo Venture Capital and Fosun Hi-Tech.
Ethereum expansion research organization Plasma Group transforms into company with $ 3.5 million investment
Israeli startup Atomic closes $ 2.5 million seed round, led by Hexa Group
As Bitcoin is about to be halved, Bitcoin's computing power continues to climb this year, and hits a new high. Bitcoin prices also hit a new high in 2020, and the market shows an upward trend.
Babbitt Original | FPGA Mining Machine is back in the arena, is it really profitable to mine small coins with it?
"National mining pool" enters, Uzbekistan government will not only provide lower electricity prices for miners, but also launch exchange next week
Bitcoin hashrate continues to climb, up 167% over the past year
Bitcoin mining difficulty soared again by 7.08%. In 2020, the halving of the currency has skyrocketed across the board. Is the market halving?
DeFi has become one of the largest applications of Ethereum. A large amount of ETH is being locked into the DeFi ecosystem. Recently, the number of ETH locks has reached a record high. Biyuan Chain formally released the white paper on MOV's stable financial system last week, and truly realized multi-asset collateral.
As the leader of DeFi, how does Ethereum promote the trillion-dollar financial market?
Liquidators: How to make a huge profit on DeFi
Locked ETH hits a new high of 3.1 million. Is DeFi too dangerous?
DeFi's Dilemma and Change
Biyuan Chain released a white paper on MOV's stable financial system, which can truly realize multi-asset mortgage
How does the secret whale "liquidator" help DeFi run smoothly?
Seven, central bank digital currency and Libra
Although the Fed previously stated that it has no plans to issue digital currencies, last week rumors of a "digital dollar" were forthcoming to directly counter China's DCEP. While the People's Bank of China is accelerating the pace of digital currency, Shanghai will actively support the establishment of a fintech company in Shanghai by the Digital Currency Research Institute of the People's Bank of China. Other countries are also following the development of digital currencies, and the RBA has begun testing central bank digital currencies on the Ethereum network.
Central bank digital currency
About the US folk think tank version of the DCB "digital dollar", you need to know these
Sino-US competition escalates, US wants to launch "digital dollar" against DCEP
United Kingdom: Issuing digital currency or plastic notes is a problem
Ethereum becomes the central bank's top choice? RBA begins testing central bank digital currency on Ethereum network
Morgan Creek Co-founder: Rumors Fed Will Announce USD Digitization Plan
Shanghai: Supporting the establishment of a fintech company in Shanghai by the Digital Currency Research Institute of the People's Bank of China
Zhang Yifeng, Dean of China Currency Blockchain Technology Research Institute: Do not think Libra will land soon
Watch out for the U.S. forcibly controlling Libra, where is the path for hypersovereign cryptocurrencies?
Ba Shusong, Chief Chinese Economist at HKEx: Libra will make some economies increasingly dependent on fiscal policy
The cryptocurrency market is showing an upward trend, with Bitcoin surpassing $ 9,000, a record high in 2020. CME Group has recently launched bitcoin options trading, and market interest has reached a new high.
Bitcoin just hit another new year high in 2020. The next target is $ 10,000?
Bitcoin option fever skyrocketed, trading volume approaching historical highs or becoming price booster
Crypto-derivatives trading hits a new high in the new year, the market may rise due to credit
Will it pull back after the rally? How long can this wave of market last
CME Group launches "Bitcoin Options" on the first day: Bitcoin price hits 2 month high
After CME officially opened bitcoin options trading, single-day trading volume has shaken off Bakkt
Nine: Bitcoin ETF
Bitwise suddenly announced its withdrawal of Bitcoin ETF applications. The outlook for Bitcoin ETF approval in 2020 is volatile. The SEC is still cautious about Bitcoin ETFs and has repeatedly stated that it will not approve until market concerns are resolved.
Depth: How far is the cryptocurrency ETF in the future?
Bitwise withdraws application to SEC, bitcoin ETF approval is hopeless?
Analysis: Why has the US SEC consistently rejected the BTC ETF, and how to promote dialogue between the two parties?