Multiple blockchain companies support Hubei's anti-epidemic situation; Tether launches gold stablecoin | Weekly Spring Festival Edition

Binance: 10 million yuan to help Wuhan's new crown virus infected people

Zhao Changpeng tweeted on January 26 that Binance promised to provide 10 million yuan (US $ 1.5 million) to help Wuhan's new coronavirus infection. Zhao Changpeng said: "We did not make any statement. But the Binance Charity Foundation and the Binance team have been busy in recent days. We still need help with local logistics arrangements."

Huobi: Donate RMB 10 million for global procurement of medical supplies

Huobi Group announced that its Huobi Charity will donate 10 million yuan for global procurement of medical supplies. On January 27, 20,000 personal protective masks produced by Huobi purchased by 20,000 3M companies authorized by Qingdao Jinzerui Safety Protection Products Co., Ltd. have been delivered to Huanggang City, Hubei Province. In the next 1-2 days, 200,000 sets of medical protective materials will be delivered to the severely affected areas.

Matcha tea: 17,640 masks have been donated and more procurement channels are being coordinated

MXC Matcha said it is coordinating procurement channels to support the fight against "new coronavirus pneumonia." Earlier, MXC Matcha released an announcement saying that on January 24 and 25, MXC Matcha Volunteers sent to the Red Cross Society of Huang'an County, Huanggang City, Hubei Province, the Red Cross Society of Shahekou District, Dalian, local public welfare personnel and 1062 friends in need 17,640 N90 / KN95 protective masks.

Qtum: Hubei Charity Federation donated 200,000 yuan for epidemic prevention and control

The Qtum Quantum Chain Foundation announced that it has donated RMB 200,000 to the Hubei Charity Federation for virus epidemic prevention and control. The Quantum Chain Foundation said that the donated funds will be used to purchase anti-epidemic materials, family pensions for deaths due to the epidemic, volunteer insurance, protective gear and living allowances.

Blockchain industry practitioners have joined the industry and institutions to launch a charity donation of medical supplies in Wuhan and surrounding cities, and donate medical supplies to Wuhan and surrounding cities. Follow Weibo's "Blockchain Charity Organization" to participate in industry donations.


Hong Kong Monetary Authority announces results of central bank digital currency research

According to Sina Finance News, on January 22, the Hong Kong Monetary Authority (HKMA) and the Central Bank of Thailand (Central Bank of Thailand) announced the results of the joint research plan of the Central Bank Digital Currency (CBC)-the "Inthanon-LionRock Project" And published a research report. The Inthanon-LionRock project was completed in December 2019. The two parties have jointly developed a prototype of a proof-of-concept based on Distributed Ledger Technology (DLT) with 10 participating banks from both places. The two sides agreed to carry out further joint research work in relevant areas, including exploring business cases and connecting with other platforms, which will involve the trials of banks and other relevant institutions participating in cross-border fund transfers.


Iran has issued over 1,000 cryptocurrency mining licenses

According to news on January 25, Iranian ICT Association official Amir Hossein Saeedi Naeini revealed in an interview that the Ministry of Industry, Mining and Trade has issued more than 1,000 cryptocurrency mining licenses in the country. The official also stated that research shows that crypto mining has the potential to add US $ 8.5 billion to the Iranian economy; although many large and industrial mines have been established, electricity bills are a major challenge for Iranian crypto miners. The industry is less attractive to small investors. The operating status of the industry should not be that only big capitalists can enter the cryptocurrency mining market, and all miners can operate. He emphasized that changes to electricity prices and crypto terms could boost the crypto mining industry and generate more revenue.


India's position does not comprehensively ban cryptocurrencies Indian citizens investing in cryptocurrencies is still legal

According to Bitcoinist on January 21, India acknowledged that Bitcoin and crypto assets are not illegal after a Supreme Court hearing. The Reserve Bank of India, the Reserve Bank of India, also said it has not imposed restrictions on Bitcoin (BTC) or other virtual currencies. It explained that it did not ban all entities, but only some companies that did not involve Bitcoin and other digital currencies. In terms of banking, the cryptocurrency community expects problems with the transfer of fiat and cryptocurrencies. In the end, it is still legal for Indians to invest in virtual assets. Indian regulators will relax controls on capital to a certain extent, and Indian citizens can transfer $ 250,000 a year abroad. This could allow Indians to invest in Bitcoin and cryptocurrencies through third-party exchanges.

The Bank of India, through senior attorney Shyam Divan, said that the notice issued in India in 2018 was designed to ensure that the banking system is not affected by any payment system that involves cryptocurrencies, including bitcoin that exhibits extreme “volatility”.


Russia's new prime minister: Russia may adopt a new crypto tax plan this spring

According to LiveBitcoinNews, in a recent interview, Russia's new Prime Minister Mikhail Mishustin (formerly head of the country's tax authorities) said Russia is likely to adopt a new crypto tax plan this spring. "I believe it is necessary to tax such activities and properly assess any economic consequences of using cryptocurrencies," he said. Previously, he had tried to end VAT-related fraud and tracked down in Cyprus, the Cayman Islands And other individuals with very lax tax laws hiding funds.


People familiar with the matter: South Korea's Ministry of Finance considers taxing 20% ​​on crypto trading income

According to TheKoreaTimes, relevant officials have revealed that the South Korean Ministry of Finance has been considering a 20% tax on cryptocurrency trading income, but it has not been finalized. Officials said the Treasury has recently ordered its income tax office to review a tax plan for cryptocurrencies. The tax office has previously reviewed the plan. The move sparked speculation that the government could classify the benefits of cryptocurrency transactions as other benefits rather than capital gains. A government official, who spoke on condition of anonymity, said that the Ministry of Finance has not finalized plans to tax cryptocurrencies, however, the government may impose a 20% tax on cryptocurrencies.


Uzbekistan proposes tax exemption on income from operations involving crypto assets

According to News.Bitcoin, Uzbekistan intends to waive taxes on income derived from cryptocurrency operations, and last week issued a draft decree containing relevant regulations. The draft states that the business of legal persons and individuals related to the circulation of crypto assets (including those conducted by non-residents) is not subject to taxation, and the income derived from these businesses is not included in the tax base of taxes and other mandatory payments. In addition, the country is about to launch the first approved crypto asset exchange.


51% attack on Bitcoin Gold BTG

On January 26, Bitcoin Gold BTG recently suffered a 51% attack. James Lovejoy, Chairman of the MIT Bitcoin Club, detected two deep block reorganizations on the BTG network, both of which were double spends. The attacker extracted 1,900 BTG through two separate transactions on January 23 and 24, respectively. And 5,176 BTG.

The BTG core development team responded that on the 24th, the monitoring system of the BTG team found that two transactions on the chain were reversed, respectively 1900BTG and 5267BTG. The target of the attack was a top global exchange. After the attack, the BTG team contacted them as soon as possible, prompting to adjust parameters and improve the risk control level. Due to the timely use of risk control measures, the losses of the exchange were much lower than the amount of reversed transactions. At the same time, the team has maintained close contact with all exchanges to prevent future attacks. According to recent monitoring, the team found that the attacking power originated from the computing power leasing platform NiceHash, which caused the reversal of 14, 15 blocks, respectively. The team will update more information one after another.


Tether Corporation announces the launch of Tether Gold, a digital asset linked to physical gold

Tether Corporation announced the launch of Tether Gold (XAU ₮), a digital asset linked to physical gold.

According to Tether's official announcement, each XAU token represents ownership of one ounce of physical gold. At present, XAU is generated on the Ethereum and TRON chains according to the ERC-20 and TRC-20 standards. XAUs held by users can freely transfer between on-chain addresses. Tether stated that Tether Gold (XAU ₮) is the only gold product that offers zero custody fees and is endorsed in kind, and all gold is stored in a Swiss vault with first-class security.


Ripple CEO says the company could go public in the next 12 months

According to TheBlock, Ripple CEO Brad Garlinghouse said the company could go public within the next 12 months. Speaking at the World Economic Forum in Davos on Thursday, Garinghouse said that the initial public offering (IPO) was the result of Ripple's natural development.

"In the next 12 months, you will see an IPO in the cryptocurrency space. We are not the first company to conduct an IPO in this area and we will not be the last, but I hope we will Will always be in the lead, which is the result of natural development for our company, "

Just last month, Ripple raised up to $ 200 million in Series C funding, which is usually the last step before the company goes public. After the Series C financing, the blockchain concept payment company was valued at $ 10 billion.


Holding money or saving money for Chinese New Year this year? We looked at the data for the last ten years

Before and after the Spring Festival, should investors choose to "buy in peace" or "hold money for the holiday"? A veteran cryptocurrency investor told PAData that the prevailing view in the currency circle this year is that it is bearish before the holiday and bullish after the holiday. "Everyone has to take money for the New Year before the holiday. There is a need to withdraw funds. After the holiday, there is a need to put in money. It is optimistic that the holiday will pick up." So how likely is Bitcoin to get out of such a "script"? ? Based on data corrected by Coin Metrics, PAData analyzes the currency price trends of Bitcoin during the week before the holiday, the Spring Festival (referring to the statutory holiday year from 30 to the new year) and the week after the holiday from 2011 to 2019. From the historical data, Bitcoin's "Spring Festival market" rose seven and fell two days, with a 7-day average return of approximately 6.02%.


BCH's major mining pools are preparing to implement a 6-month short-term donation plan, which has triggered public debate

On January 23, Jiang Zhuoer posted a blog post "Bitcoin Cash Infrastructure Financing Plan" on Weibo. The article stated that several major mining pools on BCH (BTC.TOP, Antpool,, ViaBTC, Bitcoin .com), ready to implement a 6-month short-term donation plan, before the arrival of the bull market in 2020-2021 / 22, provide sufficient development funds for BCH developers to accelerate the development of BCH. For the purpose of providing this funding, it intends to donate 12.5% ​​of the BCH block reward to a fund that supports the Bitcoin Cash infrastructure. The financing plan will last 6 months and this plan will provide for the Bitcoin Cash ecosystem. Important and much-needed support. Supporters include Jiang Zhuoer-BTC.TOP, Wu Jihan-Antpool,, Yang Haibo-ViaBTC, Roger Ver

V tweeted that he did not agree with the plan, saying that BCH's move was a mandatory soft fork. God V also said that it is more ironic that BCH is a blockchain born in response to an ideology. This ideology believes that soft forks are the only reasonable way to make changes because they belong to " Voluntary behavior. " Now, BCH will conduct a controversial soft fork, and imply that this is "voluntary behavior". issued a clarification announcement saying that Jiang Zhuoer's plan is still being developed. The proposed changes will not take effect until May 2020, and there will be sufficient time to satisfy as many parties as possible to discuss a solution. The chain will not be split due to protocol changes. If most miners are inefficient, unfeasible or otherwise detrimental to Bitcoin Cash or its business, miners can choose to terminate the fund.


Grayscale Bitcoin Trust successfully registered with SEC as SEC reporting company

On January 21, Grayscale, an official cryptocurrency investment agency in the United States, published a blog saying that Grayscale submitted a registration statement (Form 10) to the SEC for its Grayscale Bitcoin Trust GrayscaleBitcoin Trust. The registration statement is now considered valid. At this point, Bitcoin Trust became the first digital investment vehicle to obtain SEC reporting company status. At this point, its grayscale Bitcoin Trust has filed its quarterly annual report and audited financial statements as Form 10. In addition to complying with its obligations under the Transaction Law, it also raised inquiries with the SEC, etc., and these submitted reports will be listed on the National Stock Exchange. Corporate and exchange traded products follow the same standards. At the same time Grayscale emphasizes that trust cannot be confused with Bitcoin ETFs.

According to PANews statistics, there were a total of 6 project financings in the blockchain field announced last week, with a total value of more than $ 180 million (excluding projects for which specific investment and financing amounts have not been disclosed), involving games, digital banking, technical services, data, etc. Multiple areas.


Swiss cryptocurrency bank SEBA has raised over $ 100 million in funding

According to Coindesk's news on January 22, Swiss cryptocurrency bank SEBA has received a new round of 100 million Swiss francs from angel investors such as Guy Schwarzenbach, founder of Heihe Asset Management, which amounts to about 103.4 million US dollars.


China Foods Completes 10 Million RMB Angel Round Financing

According to the news of the entrepreneurial state, recently, a blockchain technology service company focusing on catering brands has completed an angel round of RMB 10 million in food continent, and the investor is Ubedi. Catering China is a technological innovation company empowered with physical catering enterprises by blockchain technology. It is the world's first blockchain-based community portrait big data precision push engine to increase the market competitiveness of catering companies.


Fei Mirai Capital Announces Strategic Investment in Cross-chain (CNT) Ecology

Fei Mirai Capital announced today a strategic investment of 2.7 million USD in Jiaozi Chain Ecological Project (CNT). Fei Mirai said: "I very much agree with the development direction of the blockchain proposed by Jiaozi Chain. As a fully functional blockchain, Jiaozichain ecology will establish a large number of applications, among which Wemore has the potential to benchmark applications such as WeChat, which can open 10,000 Billion-dollar market. "

It is reported that the cross-chain project was initiated by Wu Jiangang, the former co-founder of the FUSION public chain, and several professors of cryptography or distributed networks served as full-course consultants. As a new generation of public chain based on distributed storage, JiaoZiChain aims to promote human communication and transactions through the establishment of truly practical DApps, becoming a "completely functional" third-generation blockchain, and achieving truly practical DApps, including distribution. Cloud service, distributed email service, personal identity and reputation proof, custom personal store, distributed database system, big data transaction system, etc.


Korean blockchain game developer SuperTree secures $ 2.5 million in Series A funding

South Korean blockchain game developer SuperTree received $ 2.5 million in Series A funding. Venture investment agencies Korea Investment Partners and SBI Investment participated in the investment. The investment will be used to ensure the IP of the game, and develop blockchain game technology, while focusing on the development of the upgrade of the blockchain game service platform PlayDapp.


Completed the completion of RMB 10 million in Series A financing

According to Entrepreneurship, Shanghai Yuhu Information Technology Co., Ltd. has completed a ten million-level A round of financing. The investor is the Nanjing Yangzi Blockchain Equity Investment Fund initiated by Jiangsu Jinmao Investment Management Co., Ltd. and Nanjing Yangzi State-owned Investment Group Co., Ltd. Lianxing Capital and Hanli Capital acted as financing advisors. It is reported that Nanjing Yangzi Blockchain Equity Investment Fund is the first domestic equity investment fund focusing on the integration of blockchain technology and the real economy. The investment direction is based on blockchain technology and digital financial technology as the direction to integrate artificial intelligence. Cutting-edge innovative technologies such as cloud computing, semiconductors, big data, and the Internet of Things. The fund is very optimistic about the application scenarios of technology innovation and digital services of consumer assets in the field of blockchain.


Binance invests in Taiwanese blockchain startup

According to The Block, Binance has made an investment in China's Taiwanese blockchain startup Numbers, the exact amount of which was not disclosed. The startup is said to allow users to monetize their personal data. Numbers' other partners include Stanford University, IBM and HTC's Exodus division, which aim to establish data traceability and verification systems.