The central bank will steadily market the introduction of legal digital currency in 2020
Review: The Central Bank will continue to steadily advance the study and growth of legal digital currency in 2020; the Anti-illegal Fund of the China Banking and Insurance Regulatory Commission mentioned that it'll launch anti-illegal fund-raising propaganda through the Spring Celebration and pay attention to key areas such as blockchain; Zhan Ketuan refutes the rumors "Bitmain starts employees optimisation" and is set. Oppose the business's layoffs; the Ethereum mainnet has triggered the Muir Glacier upgrade, reducing the average daily block period by nearly 25%.
According to stats from PANews, there were 4 task financings within the blockchain field announced last week, with a total amount exceeding 5.785 million US dollars (excluding tasks for which the precise investment and financing amount has not been disclosed), including exchanges, crowdfunding platforms, content along with other fields .
o1 Central Financial institution: Continue steadily to steadily advance the study and growth of legal digital currency in 2020
On January 5th, the 2020 People's Financial institution of China Work Conference happened in Beijing. The conference emphasized which the development of lawful digital currency will continue to be steadily promoted in 2020. Additional expand the application form field of the global legal individual identification program code (LEI) in my own country.
o2 Central Financial institution: Introduces a series of financial technologies regulatory rules such as personal financial information protection and blockchain
On December 30, the Central Bank Financial Technologies Committee meeting happened in Beijing. The conference summarized the monetary technology function in 2019 and analyzed and deployed crucial tasks for 2020. Enthusiast Yifei, member of the Celebration Committee of the People's Financial institution of China and vice chief executive, presided on the meeting and delivered a conversation. The conference emphasized that in 2020, we must abide by the "two fingers" of growth and supervision, and continue to promote the stability and long-term growth of financial technologies. The third content is: increase monetary technology supervision and introduce private financial information protection, blockchain along with other financial technologies regulatory rules , To try out the role of standard guidelines, testing and qualification, and build the "four lines of defense" for monetary technology innovation administration covering industry supervision, social supervision, organization self-discipline, and institutional autonomy.
o3 Mutual Financial Association: Research on application situations of legal digital currency in crucial tasks in 2020
On December 30, the Mobile Finance Professional Committee of the Mutual Finance Association held a gathering. The key tasks for 2020 include: analysis on the application form scenarios of lawful digital currencies under the framework of mobile finance; evaluation of the maturity of blockchain technologies applications within the financial industry; cross-border mobile obligations in RMB Research etc.
o4 State Administration of FOREX: Promoting the design of cross-border monetary blockchain service platform
On January 5, based on the State Administration of FOREX, the National FOREX Administration Work Meeting happened in Beijing. The conference laid out crucial tasks for forex administration in 2020, and described the need to deepen reform and checking in the forex field also to open up brand new services in a thorough manner. Support brand new forms of trade and market the construction of a cross-border monetary blockchain service platform. Deepen the reform of decentralization, decentralization and service, and assistance the pilot totally free trade zone, the Hainan Free Trade Port, the Guangdong-Hong Kong-Macao Greater Bay Region and other forex management reforms.
o5 China Financial and Insurance Regulatory Commission Anti-illegal Matters Bureau: Through the Spring Festival, it'll perform anti-illegal fund-raising propaganda, focusing on key areas such as blockchain
On January 3, the China Banking and Insurance Regulatory Commission's Bureau for Combating Illegal Financial Routines revealed which the Joint Office of any office of the noncommunications Department released the "Notice on Doing a Good Work in Preventing Illegal Fund-raising Promotion and Education through the Spring Celebration in 2020", and can conduct a nationwide campaign to avoid unlawful fund-raising Educational activities. The notice remarked that it's important to grasp crucial areas, and quickly disclose methods and prompt dangers for unlawful fund-raising activities completed in the title of investment and financial administration, pension and health care, private equity crowdfunding, and blockchain.
o6 National Cryptography Administration: From January 1, 2020, apps for commercial cryptographic product types and models won't be accepted
On December 30, based on the official announcement, the State Cryptography Administration released the Announcement (No. 39) of the State Cryptography Administration and the State Administration for Marketplace Regulation on adjusting the management methods of commercial cryptographic products. 1. Beginning with January 1, 2020, the State Cryptography Administration won't accept apps for commercial cryptographic product types and models, and prevent issuing "Commercial Cryptographic Product Model Certificates." From July 1, 2020, the released "Commercial Cryptographic Product Model Certificate" will instantly become invalid. 2. THE OVERALL Administration of Marketplace Supervision, together with the State Cryptography Administration, will individually formulate and release the product catalog, certification guidelines and relevant execution requirements for the nationally promoted commercial encryption certification. Beginning with the implementation day of the qualification rules, commercial cryptography practitioners can voluntarily send certification apps to qualified commercial cryptographic certification organizations.
o7 The drafting group of "Anti-Money Laundering Specifications for Blockchain Market Application" was officially established
On January 2, the Blockchain Branch of the China Software Market Association announced the establishment of a drafting group for the ¡§Anti-Money Laundering Specifications for the Application of Blockchain Industry¡¨, which will jointly participate in the ¡§Blockchain Industry¡¨ by uniting the main units or person specialists and scholars with certain influence on the market. Application of Anti-Money Laundering Specifications.
This drafting group is principally to clarify regular financial behaviors and abnormal monetary behaviors in blockchain-related areas, and to avoid illegal elements from using blockchain application platforms and technologies in order to avoid the review of law enforcement officials and other investigators to conduct unlawful money laundering. The discover was copied towards the Ministry of Market and Information Technology, the Internet Financial Standards Research Institute of China Internet Finance Association, the Technologies and Standards Department of China Payment and Clearing Association, and China Software Industry Association.
o8 No. 1 Document of Nanjing Municipal Celebration Committee: Promote the coordinated growth of industries, fortify the chain, and encourage the use of blockchain industry
On January 2, the 2020 Nanjing Innovative City Construction Promotion Meeting was held on the Jiangsu Grand Movie theater. At the conference, the 2020 Municipal Celebration Committee Document No. 1 was released "Several Policy Steps on Additional Deepening the Structure of Innovative City and Accelerating the Improvement of Industrial Simple Ability and Industrial String Level" . The record described: Promote the coordinated growth of the to fortify the chain, encourage the use of blockchain on the market, support leading businesses to build alliance stores, and promote the to climb towards the high-end of the worthiness chain.
o9 Shenzhen's digital currency pilot will get into service scenarios such as transportation, education and learning, and medical care
According to news from Shenzhen Industrial Daily on January 3, according to authoritative sources, the central bank led with the People's Financial institution of China, the four state-owned commercial banks of Market, Agriculture, China, and China Structure, and the three main telecom providers of China Mobile, China Telecom and China Unicom. The lawful digital currency pilot project is usually expected to land in Shenzhen, Suzhou along with other places.
It is reported that the related standards of lawful digital currency and the testing of payment system access may also be advancing simultaneously. Furthermore, compared with the previous pilot, the central bank's legal digital currency pilot will come out of the central bank's program and enter true service scenarios such as transportation, education and learning, and medical care.
o1 Huobi Li Lin methods down because the legal individual and movie director of Juchain Band of the NEEQ
In accordance with Tianyan Check information, on December 27, 2019, Huobi Li Lin stepped down as the lawful representative and chairman of the NEEQ Beijing Julian Occasions Technology Group Co., Ltd., Zhu Guoguo got over because the legal individual, and Zhang Zijin got over because the chairman. At the same time as Li Lin, directors Tan Chenhui, Hu Donghai, Ju Jianhua and Gao Yaohua, as well as members of the panel of supervisors Xu Mingsheng, Chen Jing and Ning Hao. A complete of 8 directors, managers and supervisors had been added.
And just your day before, Jingju String Times Technology Group Co., Ltd. released a clarification announcement proclaiming that ¡§the lawful representative of the business is usually Li Lin. Li Lin is usually mixed up in virtual currency exchange Huobi, and Huobi is usually involved in certain negative news.¡¨ The company plans to complete the change of legal representative and residence soon. The legal representative will be changed from Li Lin to the business's general supervisor Zhu Guoguo. Li Lin ceased to function as movie director and chairman of the board since December 8, 2017. "The announcement mentioned that Li Lin has not held any placement in the business since December 2017, and has not participated in the business's operations; since Might 2019, he no more holds shares in the business. Li Lin is still the company because the company has not changed its lawful representative. Aside from the legal representative of the business, Li Lin presently has no connection with the business."
It is reported that in Feb 2016, Li Lin acquired the New 3rd Board firm Pangu Technologies and afterwards renamed it Beijing Cai Mao Occasions System Co., Ltd. That 30 days, the company's amazing shareholders meeting handed a resolution to improve the company title from "Beijing Caimao Occasions System Co., Ltd." to "Beijing Julian Occasions Technology Group Co., Ltd.". In fact, along with Beijing Julian Occasions Technology, many businesses in which Li Lin is really a legal individual or executive have operating abnormalities. Among them are usually Beijing Pengle Expense Management Co., Ltd., where Li Lin can be an executive, and Beijing Huobi Tianxia System Technologies Co., Ltd., the operating entity of Huobi.com.
o2 Zhan Ke group refutes the rumors of "Bitmain launches employees optimisation" and firmly opposes the business's layoff
On January 2, self-media Wu Said Blockchain released an article proclaiming that several individuals familiar with the problem confirmed that Bitmain acquired launched a employees optimization plan at the end of 2019. Insiders of Bitmain uncovered that the business is currently operating normally, with healthful cash flow, and optimization is a "slimming plan" to deal with the halving, and it is also a rectification of the original chairman's business expansion at will. Final weekend break, Wu Jihan held a related conference and requested all department managers to send an optimized list.
The optimization plan is likely to be completed prior to the Bitmain annual conference, that's, before January 17. It really is reported that the reason for the optimisation of personnel is that the mining industry is usually facing the pressure of Bitcoin halving, and the business needs to streamline the organization to "overwinter", while focusing on the main business and maintaining the technological direct. Weighed against the hundred people of its rival Shenma mining machine, Bitmain has several thousand individuals, and the amount of personnel is fairly redundant. Market insiders mentioned that the current Bitcoin trend is not clear. The Bitcoin halving in-may is a massive doubt for mining machine businesses. Bitmain should indeed optimize its employees. A suspected Bitmain worker broke the news headlines, saying that the AI ??business had already found a joint venture partner, but had been rejected by the original chairman, which was among the reasons for the optimisation. Another Bitmain insider mentioned that the optimisation can be a rectification of the original chairman's business expansion and the totally free use of funds. It is reported that AI business can be the focus of optimization because of its inability to generate profit. The mining machine business happens to be in full swing and will be relatively safe to be able to maintain the leading edge of technology on the market.
In response to this, on January 6, Zhan Ketuan released an open notice "A Letter to Workers: I Resolutely Oppose layoffs" on Weibo. The article stated which the above-mentioned news does not conform to business good sense and logic. It should be a rumor. On the main one hand, compared with competitors' teams of just one 1,000 individuals, Bitmain's AI business line has significantly less than 800 individuals, and the business's capital and resource reserves can afford this part of the business line expenditure. Furthermore, Zhan Ketuan thinks that S17 is really a competitive product in the current market. Furthermore, Bitmain's S19 series of mining machines will be launched soon, which is predicted to bring considerable profits to Bitmain. "Redundancies in response to the Bitcoin halving" are usually absurd. Zhan Ketuan firmly opposes layoffs, he mentioned, "I firmly oppose such layoffs! We won't need to layoffs! We cannot play suicide!"
o3BiUP's shareholders withdraw funds from on-chain technologies and cut off the business scope of "agent bookkeeping"
According to the information from Tianyan Examine, Beijing Chainshang Technologies Co., Ltd. taken out its investment in Beijing Shangbi System Technologies Co., Ltd. (BiUP) on January 5, withdrew from BiUP shareholders, keeping 8% of the shares before exiting, and recently added shareholders Li Qiuling, keeping 1.08%. Two days ago, the chain technologies withdrew from Shangbi System as a lawful person and had been bought out by Beijing Qiannuo System Technologies Co., Ltd., and added Li Qiuling, a natural person shareholder.
It is reported that Beijing BiUP Technologies System Co., Ltd. (BiUP) is really a convergent digital currency exchange that conducts smart trading of a large number of currency pairs. It was jointly set up by Beijing Qiannuo Epoch System Technologies Co., Ltd. and Beijing String Technologies Co., Ltd.
It is worth mentioning that, also on January 3, Shangbi System taken out the ¡§engaged in Internet cultural activities; Internet information services; company bookkeeping. Technology advertising providers¡¨ in its business scope. The scope of business is usually defined by the previous ¡§internet cultural activities; Internet information providers; bookkeeping agency. Technologies promotion services; enterprises independently select business projects and perform business activities in accordance with the law; take part in Internet cultural activities, Internet information providers, bookkeeping realtors, and legally needed Approved tasks." Changed to "technology growth, technical services; sales of electronic products, handicrafts, stationery, every day essentials, knitting textiles, clothing; corporate planning; corporate management consulting; economic and trade consulting; organizing cultural and artistic swap activities (excluding performances) ); meeting and exhibition providers; computer graphical design and creation."
In addition, the business's shareholder Beijing Qiannuojiyuan System Technologies Co., Ltd. taken out the "investment administration; asset management; investment consulting" business from its business scope as early as December 25, 2019, and changed the company's home at the same time.
o4 Chengdu Lian'an: A lot more than 9 typical safety incidents occurred in December
On January 2nd, according to data through the Beosin-Eagle Vision (Beosin-Eagle Vision) platform, in the past month (December), 9 regular security incidents occurred. included in this:
With regards to DApp: On December 6, Tron Lounge DApp had been attacked by way of a rollback deal, with a total loss of 54653TRX.
On the general public chain: On December 14, VeChain officially announced that it had been hacked, 1.1 billion Veterinarian had been taken, and US$6.4 million acquired disappeared; on December 20, the state account of the NULS public chain was taken by 2 million NULS tokens. On December 30, the consensus of the main network of the general public chain IOTA had been split and may not be up-to-date. TPS was as soon as near 0; on December 1, Vertcoin (VTC) had been attacked by 51%, and the attacker successfully utilized its 553 zones. The prevent replaces 603 VTC primary chain blocks.
Wallet: The Ethereum wallet Shitcoin Wallet is usually suspected to be malicious JavaScript program code, attempting to grab data through the browser window and send out it towards the remote control server erc20wallet.tk.
Other factors: Poloniex cryptocurrency swap sent emails to inform customers that there could be information leakage; hackers had been found to utilize JPEG pictures of famous singer Taylor Swift to hide malicious encrypted mining software program MyKingz; 58COIN standard announcement mentioned that unidentified individuals recently got the initiative Use 58COIN to achieve the purpose of fishing.
o5Poloniex: There is no information leakage, and the customer is required to reset the password only to assure account security
On January 3, Poloniex officially updated the latest developments concerning the "data leak" incident, saying that the previous request for users to improve their passwords had been for security factors, not due to Poloniex information or information leakage.
Poloniex stated: "This 7 days, we sent a contact to around 1% of our own total customers requesting them to reset their passwords in response to a tweet claiming to contain'Email deal with and password leaked by Poloniex.' At this point to clarify, Poloniex didn't have any information or data leakages. The email was launched only to quickly respond to external danger indicators. Our first concern is to assure the safety of customers' accounts. Therefore, we have reset the passwords of potentially affected customers. The official mentioned that for the current situation The list and content information are not from Poloniex.¡¨ Furthermore, Poloniex also mentioned that significantly less than 5% of the email addresses in the info set of the tweet are usually related to Poloniex accounts.
It is reported which the "data leak" originated on December 30, when a user posted a screenshot of a contact on Twitter and claimed to possess received a contact from Poloniex. This content of the email informs which the leaked email and password list enable you to log in to the Poloniex account and reset the password on any email with the swap account. Another person posted a summary of email addresses and passwords on Twitter, saying they could be used to log in to Poloniex's account.
o6 The Guangdong Province SME financing platform is released, predicated on blockchain technologies to simplify the application for the loan procedure by 60%
On January 2, the Guangdong Province SME financing platform premiered and released the country's initial unsecured blockchain mortgage. The platform can make full use of Guangdong's "digital government" data assets and financial technologies such as blockchain, cloud computing, and artificial intelligence to solve the issue of information asymmetry, supply multi-dimensional business credit portraits for enterprises, and provide tailor-made supply chain financing , Trade financing, intellectual property financing along with other financing solutions, and help financial institutions strengthen risk administration capabilities and enhance financial service performance. After the platform went live, the initial online unsecured financing credit line predicated on blockchain technology had been accepted within 3 minutes and handed the quota evaluation.
At present, the SME financing platform of Guangdong Province has accessed 213 forms of government information from 26 government agencies; it has successfully docked with 129 financial institutions within the province, such as Industrial and Industrial Bank, Construction Financial institution, and Ping An Financial institution, and released 319 financial loans for your province. The extensive collection of information from more than 11 million enterprises and the evaluation and profiling of enterprise risks are the first platform in the country to conduct commercial credit evaluation and evaluation of little and medium-sized enterprises within the province.
According to the 21st Century Business Herald, the platform continues to be docked with Ant Financial and Baixing CREDIT SCORING. In the foreseeable future, it will build a financial service ecosystem for little and medium-sized enterprises. Priority will be directed at 45,000 state-level high-tech enterprises, as well as small upgraded enterprises, specialized and brand new Enterprises solve financing problems on the platform.
As the initial platform in the country to conduct commercial credit evaluation and evaluation of little and medium-sized enterprises in the complete region, the platform has established information sharing, privacy protection and mutual rely on mechanisms through the use of blockchain technologies, which not only makes corporate information correct and unchangeable, but also enables financial institutions The capability to query corporate information in accordance with regulations can are likely involved in solving the financing discomfort factors of three forms of little and medium-sized enterprises in manufacturing, international trade and technology and technology. Because the platform integrates a large number of intellectual property mortgage products, it can simplify the application form procedure for 60% of corporate loans for technology and technology businesses.
o7 Razer's monetary branch requested a digital banking permit in Singapore, and its share price rose by more than 10%
On January 2, Sina Financial News, Razer announced that its monetary branch has requested a digital banking permit in Singapore. The share cost soared in earlier trading. As of press period, the quoted cost had been 1.41 Hong Kong dollars, a rise of 11.024%. Razer mentioned that its monetary technologies branch (Razer Fintech) has submitted an application for a digital banking license released with the Monetary Power of Singapore to determine a "Razer Youth Bank". According to the guidelines issued with the Monetary Power of Singapore, it is expected which the Monetary Power of Singapore will inform Razer Fintech of its application bring about mid-2020.
It is reported that with the business's advantage like a lifestyle brand that's inseparable from younger generation and millennials, Razer Fintech is usually planning to create the world's initial Global Youth Financial institution (Razer Youth Financial institution, headquartered in Singapore). The monetary technology sector has expanded to include digital banking providers. At present, Razer Fintech has gathered a consortium of strategic partners who plan to subscribe for equity in Razer Youth Bank. These strategic partners include Sheng Siong Holdings; FWD; Linksure Global; Insignia Ventures Partners; and Carro. Furthermore, Razer Fintech has gathered a number of the world's leading providers, product and technologies platform partners to provide providers to Razer Youth Bank, which includes Justco, Quantifeed, Saxo Marketplaces, Real Eyesight, SkyScanner, SoCash, Turnkey Loan provider, V-Key and Visa.
Razer is really a computer game technologies firm. On November 13, 2017, Razer officially landed on the main board of the Hong Kong STOCK MARKET and became the initial e-sports concept share in Hong Kong. It really is as well-known as ZhongAn Online, Yixin Group, China Reading Group, and Ping An Great Doctor, and is known as a Hong Kong share. Five Musketeers of the brand new Economy". At the beginning of its listing, it was oversubscribed by 289 situations. It has received investment from well-known investment organizations Temasek, Hong Kong's richest guy Li Ka-shing, and Internet giant Intel.
o8 Bloomberg: Ant Financial has requested a Singapore digital bank license and can get into the Southeast Asian digital bank queue
On January 2nd, according to Bloomberg News, Ant Financial acquired requested a Singapore digital bank license. Just more than two months ago, Bloomberg reported that Ant Financial might think about trying to get a virtual bank permit in Singapore, getting into the Southeast Asian digital bank queue, and having a head-on battle with traditional banking institutions such as DBS Financial institution and OCBC Financial institution. In those days, Guan Ant Financial didn't disclose whether it was trying to get a retail banking license or perhaps a wholesale banking permit.
It is understood that MAS needs to concern 5 digital bank licenses in the initial batch, which includes 2 full digital bank licenses and 3 low cost digital bank licenses. The previous provides various monetary services such as debris for retail and non-retail banking customers; the latter provides providers for SMEs along with other non-retail banking customers.
Furthermore, on December 20, Reuters reported that, with individuals familiar with the problem, Ant Financial acquired quietly acquired eMonkey, an e-wallet firm in Vietnam. Ant Financial has its own workplace in Vietnam and invested in eMonkey because the company has acquired all operating licenses from the State Financial institution of Vietnam (SBV). In July 2019, Ant Financial Vice Leader Liang Shidong mentioned that Ant Financial has set up an independent team to study the relevant needs of financial keeping companies and actively participate in soliciting opinions. IN-MAY of the same year, Ant Financial acquired a virtual banking permit in Hong Kong.
Public reports show that in July 2019, following a announcement and issuance of virtual banking licenses in Hong Kong, the Monetary Power of Singapore (MAS) announced the launch of the same license, allowing businesses without a banking background to perform banking business. Singapore is planned to declare the winners of 5 digital banking licenses in mid-2020. It really is expected that the brand new digital bank permit will begin functions in phases from middle of the-2021.
o9 The Ethereum mainnet has triggered the Muir Glacier upgrade, reducing the average daily block period by nearly 25%
On January 2, the Ethereum mainnet triggered the Muir Glacier tough fork upgrade in a block height of 9.2 million at 16:31 on January 2, 2020, Beijing period, to be able to delay the steady emergence of the Ethereum mainnet Trouble bomb, so this upgrade only consists of a noticable difference proposal EIP-2384. The EIP postponed the issue bomb again by 4 million prevents, or about 600 days. All popular Ethereum clients have supported this upgrade. For node providers or miners, the latest version of the Ethereum client must be used.
According to information reported with the Ethereum prevent explorer Etherscan, from January 1 to January 4, the every day average block period on the blockchain decreased from 17.16 secs to 12.96. This means that the time continues to be shortened by 24.48%. Certainly, the reduction in block time results in a rise in the amount of blocks each day, and the expansion rate of ETH is usually higher. In accordance with Etherscan's Ethereum prevent count and reward chart, on January 1st, miners created 4980 new prevents and 10237ETH. On January 4, the miners of the network created 6,570 brand new prevents and 13,437 brand new ETH. The number of blocks has improved by nearly 32%, and the block reward has increased by more than 31%.
The last upgrade of the Ethereum mainnet had been on December 8th this past year. The Istanbul upgrade was triggered at block height 9069000, which contained 6 enhancement proposals. In the roadmap of Ethereum 1.X, the next upgrade is usually codenamed "Berlin" and is scheduled to become completed in June this year.
10The market worth of Chizi City's detailed transaction reaches HK$3 billion, with Huobi Funds as its cornerstone investor
On December 31, Chizicheng Technologies officially landed on the main board of the Hong Kong STOCK MARKET with a share program code of 09911 and Huobi Funds as its cornerstone buyer. It is reported that the issue cost of Chizi City is usually 1.68 Hong Kong dollars, and the net raised funds are usually 176 million Hong Kong dollars. The opening marketplace worth of Chizi City was up to HK$3 billion. As of press period, the quoted cost had been HKD 3.21, a rise of 91.071% from the issue price.
Prior to this, through the global launch from December 17 to 20, Chizicheng Technologies recorded a total of 1441.83 situations of public membership. This listing has attracted investment from many financial institutions, including Fortune Financial's participation in its Pre-IPO, and open public offering funds such as China Asset Management and China Re Group to participate in its anchor investment. It is worth noting that Huobi Funds, a subsidiary of Blockchain Technologies Huobi, is usually its cornerstone buyer. Huobi mentioned that Chizicheng Technologies has built a 6-year Internet ecosystem and accumulated 800 million worldwide users, which has become a key element in attracting its participation.
It is reported that Chizi City began its abroad deployment as early as 2013, developing an APP item matrix for worldwide users and also a programmatic advertising platform serving global Internet manufacturers. At present, Chizicheng Technology has successfully released more than 70 products and accumulated nearly 800 million worldwide users, covering more than 200 countries and regions all over the world. In the initial 1 / 2 of 2019, the average daily activity of Chizicheng technologies products attained 35 million and the monthly activity attained 164 million.
11NGC Ventures launches NGC Ventures Fund II with an expected range of USD 25 million
On January 3, according to Crypto Briefing, NGC Ventures, a blockchain investment institution, launched the next fund NGC Ventures Fund II of the "cryptocurrency all-weather investment strategy". The fund focuses on capturing marketplace betas and making sure stable investment comes back during marketplace booms or downturns.
It is reported that the brand new fund is likely to have an top limit of US$25 million, and 80% of the funds have been subscribed. Currently, investment tools used to implement all-weather strategies include tokens, equity and structured products in the principal and secondary markets, fixed revenue and quantitative transactions, arbitrage, mergers and acquisitions, mortgage loans, and mining. Although the current investment tools are very varied, NGC now only focuses on two goals: One is by using various tools which includes big data, synthetic intelligence and guide data evaluation to aggregate and evaluate different data sources to understand and predict Macro marketplace cycles and resource allocation. The second is to generate Alpha through direct investment projects by means of tokens or equity to help exit profitability after development.
It is reported that NGC has more than 50 blockchain assets. Its first fund was set up in November 2017 and had been identified by PitchBook as one of the top ten blockchain capital raising funds rated by quantity and scale. The second phase of the fund is now launched to ensure that investment returns can be obtained at any stage of the market cycle.
12Ali Dharma Academy announced the very best ten technological developments in 2020, and large-scale production-level blockchain apps will enter the general public
On January 2, Ali Dharma Academy announced the very best ten technological developments in 2020, which includes: artificial intelligence growing from perceptual intelligence to cognitive intelligence; computing and storage integration to break the AI ??computing energy bottleneck; hyper-convergence of the industrial Internet; large-scale cooperation between devices It becomes feasible; modularity decreases the threshold of chip design; large-scale production-level blockchain apps will get into the people; quantum computing gets into a critical period; new materials market the innovation of semiconductor devices; AI technology to protect data personal privacy will speed up its execution; cloud gets to be IT technology The center of innovation.
Among them, large-scale production-level blockchain apps will get into the masses. Pattern evaluation of Alibaba Dharma Academy: Blockchain BaaS providers will further reduced the threshold for enterprises to use blockchain technologies, and hardware chips designed for blockchains such as terminal, cloud, and chain solidification core algorithms will also emerge. , To understand the anchoring of property in the bodily world and property on the chain, further broaden the boundary of the web of Value, and understand the interconnection of all chains. In the foreseeable future, a large number of innovative blockchain application situations and cross-industry and cross-ecological multi-dimensional cooperation will emerge, and large-scale production-level blockchain apps with day to day activities of more than tens of millions will enter the general public.
13 Ethereum analysis scientist Virgil Griffith will be released on bail and has now been dismissed
On December 31, according to Inner City Press, Determine Vernon Broderick of the Southern District of NY produced a verdict on Ethereum analysis scientist Virgil Griffith on December 30. Virgil Griffith continues to be granted bail at his mothers and fathers' home in Alabama. The bail is usually $1 million, however the exact period of bail is not yet clear.
According to earlier reports from PANews, last week the united states Attorney's Office rejected Virgil Griffith's bail request based on the text message sent by Virgil Griffith to his mothers and fathers that he acquired renounced his American citizenship and opened a money laundering firm in North Korea. However, within the appeal on the 30th, Brian Klein, the lawyer representing Virgil Griffith, defended that Virgil Griffith didn't actually give up his citizenship which his allegation had been a violation of sanctions instead of money laundering. Brian Klein also mentioned that Virgil Griffith has now been taken off the Ethereum Foundation. Furthermore, the court also discussed Griffith's abroad flight risk and controllable funds issues. In the end, the judge accepted Virgil Griffith on parole from his mothers and fathers' home in Alabama with a bail of $1 million.
Earlier, Virgil Griffith had been detained on suspicion of violating the Worldwide Emergency Economic Capabilities Act (IEEPA) by visiting North Korea to participate in a cryptocurrency meeting organized by the federal government in Pyongyang. Virgil Griffith served as the head of special tasks of the Ethereum Foundation. PANews discovered after inquiry that Virgil Griffith has not up-to-date his LinkedIn function.
14 The Shanghai Futures Exchange and Qingdao Traditions plan to launch a blockchain-based futures regulatory information platform
On December 30, according to financial reports, the Shanghai Futures Exchange (hereinafter referred to as the Shanghai Futures Exchange) and Qingdao Traditions signed a strategic cooperation agreement. With the signing of the agreement, the Shanghai Futures Exchange and Qingdao Traditions have achieved strategic cooperation to coordinate the introduction of the bonded shipping business of organic rubber and crude oil futures along with other futures products, and promote the forming of pilot experience within the design of Shandong Free Trade Zone.
In the next step, under the framework of the strategic cooperation agreement, the Shanghai Futures Exchange will collaborate with Qingdao Traditions to market the growth and procedure of a natural rubber and crude oil futures regulatory information platform predicated on blockchain technology, improve education, coaching and information swap, and develop crude oil, organic rubber, and pulp Wait for futures commodity inspection assistance and exchanges, create and enhance a even and convenient communication mechanism, and improve practical assistance at a higher level.
15 The design of the insurance policy risk manage blockchain platform had been officially released, and 14 insurance companies have announced their participation
On December 30th, based on the Securities Daily, the construction of the insurance risk manage blockchain platform had been officially launched on the "Initiation of the Establishment of Technologies Standards for the Insurance Market Blockchain Application and the Release Ceremony of the "Blockchain Insurance Application White Paper" held recently. , 14 insurance companies announced to become listed on the alliance chain platform. At the same time, the construction of the "Technical Specifications for the Application of Blockchain within the Insurance Market" was also launched on the same day time, with 109 industry organizations participating, responding and actively supporting the formulation of this standard. This means that the use of blockchain technology within the insurance industry will speed up, with richer application scenarios, and the is also getting excited about more landing application results.
Currently, you can find PICC P&C, CPIC P&C, Ping An P&C, Dadi P&C, China United P&C, Anda P&C, Sumitomo Mitsui, Shidai P&C, AXA, Sunshine P&C, Huatai P&C, A complete of 14 insurance companies including Evergreen Home & Casualty Insurance, Dubang Home & Casualty Insurance and Huaan Home & Casualty Insurance officially announced their participation within the insurance risk manage blockchain platform.
The "White Paper" remarked that the insurance industry is very more likely to become among the first large-scale apps of blockchain. Blockchain has huge application situations with the insurance policy industry in at the very least 11 aspects, which includes reinsurance, annuity administration, insurance risk manage, health care, factors, digital insurance policies, agricultural insurance policy traceability, insurance option asset administration, over-the-counter deal digitization, cross-country Worldwide trade insurance policy and mutual insurance policy. According to relevant McKinsey research reports, the insurance industry accounts for 22% of blockchain application scenarios in various industries, ranking initial. The Boston Consulting Group's analysis shows that the in-depth use of blockchain will certainly reduce the operating costs of global home insurance companies by 5%-13%.
16 Guangzhou Metro released the initial blockchain electronic invoice
Guangzhou Metro released the initial blockchain electronic invoice on January 1, 2020, marking the use of blockchain electronic invoice in the general public transportation industry in Guangzhou. It really is expected to end up being fully released on the state Guangzhou Metro APP before mid-January. use.
The integrated application of blockchain technologies plays a significant role in brand new technological innovation and industrial transformation. The execution and advertising of blockchain invoices will further facilitate everyone to concern invoices when having the subway.
Guangzhou Metro mentioned which the invoice function is still being debugged, and it will speed up the system's function debugging, enhance the invoicing function, and make an effort to enable travellers to concern blockchain electronic invoices through the state APP of Guangzhou Metro before mid-January. A more efficient, better high quality and smarter travel experience.
According to stats from PANews, there were 4 task financings within the blockchain field announced last week, with a total amount exceeding 5.785 million US dollars (excluding tasks for which the precise investment and financing amount has not been disclosed), including exchanges, crowdfunding platforms, content along with other fields .
o1 Youbi Group obtains well-known angel investment
On January 4, according to official news, Youbi.com, a subsidiary of Youbi.com Group, recently received millions of strategic assets from well-known traders to build and keep maintaining the ecosystem of Youbi.com's bodily assets on the chain. Youbi Group is currently launching a cooperation plan for overseas listed businesses. YooEx is really a global digital resource exchange and a significant section of YooEco.
o2 Snow monitor documentary received a strategic investment of US$5 million and set up a foundation in Singapore
On December 31, according to official news, Snowfall Track Documentary received a US$5 million strategic investment from Cayman Offshore Fund. The investor is the Four Dimensions Global Strategy Fund (Registration No. 1542752). Snow Road officials stated that this round of financing is to build a pan-entertainment social documentary platform for the digital asset contract market, which is used to fortify the mining features of the data mechanism and enhance the product experience after the real offer is usually online. At the same time, to be able to ensure the even operation of the global strategic deployment of snow trails, the XueDao Foundation was set up on December 31. The primary task of the foundation is to run the ecological network of snow trails on the principles of openness, fairness and transparency, as well as the The development group provides support. Snowfall Road Copy is really a pan-entertainment social investing platform within the digital currency field, which aggregates the three parties of encrypted funds, traders, and traders to provide users with real-time marketplace information, news information, real data, ranking rankings, trading strategies, and copy investing And quantitative fund investment and financing services.
o3Baanx has raised nearly 600,000 lbs (approximately US$785,000) on the equity crowdfunding platform Seedrs
On December 31, the payment and cryptocurrency investing platform Baanx's financing progress on the equity crowdfunding platform Seedrs has approached 600,000 lbs. It is reported that Baanx programs to sell a 7.1% stake in the business in a pre-tax valuation of ¢G7.85 million. To date, Baanx has raised ¢G567,825 from 276 person investors. The company had previously executed a round of seed financing.
o4 The decentralized live broadcast platform DLive was acquired by TRON and became a member of the BitTorrent ecosystem. It was once invested by Zhen Fund
On December 31, the decentralized live broadcast platform DLive announced that it would sign up for the BitTorrent ecosystem and started to migrate towards the TRON blockchain. According to the official announcement, DLive and the blockchain development group will cooperate using the BitTorrent team to market its products on BitTorrent, and use the storage providers on BitTorrent to help expand understand the "decentralization" of content. Furthermore, BitTorrent's streaming media platform BLive will merge with DLive right into a team.
