Data show that DEX weekly trading volume has surged by more than 120%.
Editor’s note: This article comes from the strategic cooperation blockchain media “Odaily Planet Daily ” (Public ID: o-daily, < a href = "https://download.odaily.com/"> APP download )
Headline
Recently, the People’s Bank of China released the China Financial Stability Report (2019). The report pointed out that since 2018, the financial system has seriously implemented the decision-making and deployment of the Party Central Committee and the State Council, and has implemented various tasks and measures for tackling the tough battles in accordance with the ideas and measures determined by the Central Committee and achieved positive results. The domestic 173 virtual currency trading and token issuing financing platforms have all exited without risk.
Eastern Satellite TV reported in the evening “the closure of ‘Binan’ Shanghai Office”
In the evening of yesterday, there was a report in the Oriental News about “Shanghai: reorganize virtual currency-related businesses, and the closure of the Binance Office in Shanghai”. He Yi sent a Weibo response saying that Binance had closed its Shanghai office and related businesses in 2017 and actively cooperated with relevant Shanghai authorities to completeExit without risk.
Digital currency
Beam officially launched the Beam Foundation and holds 20% of Treasury’s funds
Anonymous coin Beam has officially launched the Beam Foundation, an organization registered in Singapore as a company limited by guarantee. According to the token issuance plan, the Beam Foundation holds 20% of Treasury’s funds, which means that 4% of the total number of tokens issued by the agreement in the first 5 years, about 6,307,200 Beam tokens. The foundation’s governance will be performed by the board of directors, and in the future, decision making will be made more decentralized by creating a governance organization similar to DAO. (Medium)
Data: BitMEX Insurance Fund holds BTC over 32800 New record high
Data shows that as of November 24, the BitMEX insurance fund held more than 32,800 BTC, totaling about US $ 216 million (based on the current US $ 6,600 per Bitcoin). A record high since August (31,000 bitcoins), showing a strong momentum for the derivatives market in the cryptocurrency sector. At the same time, this number accounted for 0.18% of Bitcoin’s total circulation, ranking 20th in the list of Bitcoin rich. (CoinGape)
The cryptocurrency trading platform DX.Exchange has entered bankruptcy proceedings
Cryptocurrency trading platform DX.Exchange entered bankruptcy proceedings nearly a month after its closure. Seventy-eight former and current employees of CX Technologies Ltd., the company behind DX.Exchange, have submitted petitions to Israeli courts for the dissolution of the Exchange. (The Block)
Data shows that DEX weekly trading volume has surged by over 120% < / a>
According to data from Dune Analytics, an Ethereum data management platform, compared to the previous week, DEX weekly transaction volume increased by 121.42%, and the DEX USD transaction volume in the past 7 days was US $ 61.606 million. According to a Totle report in June, the volume of DEX transactions running on Ethereum almost tripled in the first 6 months of 2019. (AMBCrypto)
CFTC report: Hedge funds are short bitcoin under big bets
According to The Block’s analysis of the Bitcoin Futures Trading Data released by the US Commodity Futures Trading Commission (CFTC), the market for bitcoin futures contracts of the CME Group (CME) on November 12, compared with other types of As far as institutions are concerned, hedge funds are short bitcoin with a big bet. The Block added that because the data comes from the net open positions in the bitcoin futures market, it does not mean that hedge funds are only short bitcoin, and it does not rule out the possibility that these institutions have already purchased the spot and therefore hedged in the futures market. (The Block)
Blockchain industry
The French central bank hopes that the euro area will establish a blockchain-based settlement system that can transfer the euro faster and cheaper than the existing technology. The deputy governor of the French central bank, Denis Beau, said the euro area has a responsibility to consider establishing a CBDC. (CoinDesk)
University of Malaysia MMU will build the country’s first big data and blockchain center
The Malaysia Digital Economy Corporation (MDEC) will help the country ’s Multimedia University (MMU) build the country ’s first big data and blockchain industry competitiveness center. (Bernama)
In the “i Shenzhen”, the unified government service APP of Shenzhen, the “blockchain certificate” service is launched in the “My Services” section. Among them, “Resident Identity Card”, “Resident Register” and “Marriage Certificate” have been implemented on the chain, and “Driver’s License”, “Provident Fund”, “Electronic Social Security Card” and “Driver’s License” will be implemented on the chain.
Investment and financing
Charson Financial will acquire securities giant TD Ameritrade for $ 26 billion
Securities firm Charles Schwab will acquire another US securities giant, TD Ameritrade, for $ 26 billion. The combined entity will manage more than $ 5 trillion in client assets and serve 24 million customer accounts. (The Block)
The Blockchainer receives strategic investment from Golden Phoenix
Recently, The Blockchainer, a blockchain business information decision-making organization, announced that it has obtained strategic investment from Golden Phoenix. It is reported that this is the third external institutional investment since the two rounds of equity financing of JRR and OGC were obtained in July 2018 and December 2018, respectively.
Global Policy
The Thai Securities and Exchange Commission (SEC) plans to revise its digital asset business regulations next year, with the goal of promoting the growth of crypto assets while helping investors avoid unnecessary risks. SEC Secretary-General Ruenvadee Suwanmongkol pointed out that “the law should not be outdated and should meet market demand, especially for new digital asset products.” (Bitcoinist)
Qingdao High-tech Zone: Blockchain high-tech enterprises can get 600,000 subsidies for three years
Qingdao High-tech Zone claims: Blockchain high-tech enterprises can get 600,000 subsidies for three years. To better promote the innovation and development of blockchain companies, Qingdao High-tech Zone has successively introduced supporting policies, established professional incubation platforms, and passed leading enterprises. The leading role of the company is to provide “one-stop” services for the development of the industry and continuously improve the innovation ecology of the blockchain industry.
People · Sounds
The People’s Bank of China Xi’an Branch reminds investors that they need to guard against the “four major fraudulent routines” of virtual currencies. Xi’an Branch said that some lawless elements have recently disguised as blockchain investment experts, and they are involved in “digital currency”, “blockchain” and “financial innovation” projects. They rely on the Internet to promote publicity through chat tools, dating platforms and leisure forums. Illegal financial assets such as virtual currency and virtual assets have incited investors to seize opportunities and participate in virtual currency transactions. (Xinhua News Agency)
Zhang Xin, deputy director of the State Administration of Foreign Exchange, said that the SAFE attaches great importance to the innovation and application of financial technology, and vigorously promotes the construction of “digital external management” and “safety external management”. Decision-making and deployment requirements, starting from 2017, closely tracking the development of new technologies, promoting the innovative application of blockchain in regulatory technology, exploring the establishment of a basic platform system for the foreign exchange business blockchain, and fostering the ecosystem of the foreign exchange business blockchain application. (Economic Reference)