Articles of DeFi

Could this report be the culprit behind the overnight plunge in the crypto market?

Source: Shallot Blockchain At around 2:30 in the morning, Bitcoin dropped sharply, falling by nearly 3.5% in less than 10 minutes, and once approached $ 6,800, hitting a new low on November 28. It is worth noting that during the same time period, the decline of Ethereum was even worse, from $ 141 to below […]

Hong Kong Monetary Authority: Eight virtual banking licenses have been issued, Hong Kong's first virtual bank is expected to open for trial by the end of the year

Author: Reporter Luo Shu Yi in Beijing Source: Economic Reference Recently, Yu Weiwen, the new president of the Hong Kong Monetary Authority (hereinafter referred to as the "Hong Kong Monetary Authority") said in an interview with reporters that the Hong Kong Monetary Authority has issued eight virtual banking licenses, and Hong Kong's first virtual bank […]

Li Lihui, Former President of Bank of China: We should step up efforts to improve the technical standards and security specifications of blockchain finance

Source: Sina Finance Sina Finance News on December 17th, the 3rd China Internet Finance Forum 2019 was held in Beijing on the theme of "Financial Technology to Facilitate the Construction of Modern Financial System". The leader of the Blockchain Research Working Group of China Internet Finance Association and Bank of China Former President Li Lihui […]

Behind the growth of 3.5 times a year, can the unstoppable DeFi fulfill the vision of "decentralization"?

Author: Nick Man Tuoni (Nick Mantoni), he is a writer and analyst encryption assets in the market, with 3 years experience in a block chain start-up company as public relations and events manager. His research has been reported by Forbes, Finance Magnates and Hackernoon and CCN.com. Source: Pixabay The MVIS CryptoCompare Digital Asset 100 Index […]

Babbitt Column | What is the "occupation of occupation" that the mining industry is concerned about?

The founder of a mining machine was arrested for suspected occupation, and within a period of time, many friends asked her privately: What is occupation, and how many years can you sentence? What is the threshold for conviction? and many more. Sister Yun did not intend to make judgments on specific cases, but only aimed […]

Pan Gongsheng, deputy governor of the central bank, talks about the crackdown on virtual currencies: avoiding the risk of a large-scale virtual asset bubble

Author: Huang Zihao Source: Shanghai Securities Journal Editor's Note: The original title was "Pang Gongsheng: The Overall Risk Level of Internet Finance Has Declined Largely" The Shanghai Securities News China Securities News 2019 The 3rd China Internet Finance Forum was held in Beijing today. Pan Gongsheng, Vice President of the People ’s Bank of China, […]

No avatar! Parity announces abandonment of Ethereum client and focus on Polkadot

Parity Technologies will no longer operate the Parity Ethereum client, which is the second largest Ethereum client after Geth. Instead, the company announced today that it will transfer ownership of the code base and maintenance of the project to a decentralized autonomous organization (DAO), OpenEthereum DAO. The move represents a further alienation of Parity from […]

Pan Chao: 4 Common Mistakes in DeFi Governance

Finishing: Ruby Source: DAOStep This time at DAOFest Shanghai, we were fortunate to have Pan Chao, the head of MakerDAO China, share his knowledge of Defi governance. He shared with us from a macro perspective the four false allegations of Defi governance in his eyes, many from practitioners. The viewpoints and speculations are of great […]

R3 has completed the largest on-chain trade finance pilot project to date, with more than 70 organizations from 25 countries participating together

According to Cointelegraph reported on December 17, the Marco Polo Network, a trade financing network jointly developed by the well-known British enterprise blockchain company R3, has completed its largest pilot financing project. (Image source: pixabay ) According to an official statement issued on December 12, Marco Polo, based on R3's open source blockchain platform Corda, […]

Babbitt Column | The market lacks a stable income stablecoin

USDT has been the leader of stablecoin for many years, and everyone in the currency circle has been bearish and has always disappointed everyone. USDT's total supply now amounts to $ 4.1 billion. The second stablecoin USDC total supply is 460 million. Ranked third is total PAX supply of 220 million. The fourth is TUSD, […]