Tag: Bitcoin

31May2020

For the supporters of DeFi, as far as the current situation is concerned, DeFi wants to surpass or compete with Wall Street is still a relatively distant dream. The DeFi application has been attacked by many hackers. For example, a hacker recently stolen $ 25 million worth of ETH and other encrypted assets from the […]

31May2020

Ethereum achieves complete symmetry (open and transparent) of information on the chain, even if the smart contract can achieve closed-loop services on the chain. But because the code is open source, the information is visible, and the cost of being copied is almost zero, so how to capture the value (realization of charges) is a […]

30May2020

Paul Tudor Jones: “If I must be predicted, my choice is Bitcoin.” In a report to clients, Paul Tudor Jones (Paul for short), who has set a hedge fund record for 25 years without losses, wrote, “In a world eager for new safe assets, the role of Bitcoin may be getting bigger.” Paul is the […]

30May2020

Although Goldman Sachs denied the importance of Bitcoin in a conference call on the 27th, data from Grayscale, the world’s largest crypto asset management company, shows that institutional investors are buying Bitcoin in large quantities. Independent researcher Kevin Rooke announced on Twitter that the Grayscale Bitcoin Trust has bought 18,910 bitcoins since the halving on […]

28May2020

  At this year’s National Two Sessions, new generation information technologies such as 5G, artificial intelligence, and blockchain have become topics of general concern to society. It is reported that this year, more than 20 NPC deputies and members of the CPPCC National Committee mentioned the blockchain in the proposal, and there have been many […]

28May2020

According to Forbes, the Swiss securities giant SIX Group will invest $ 14 million in Omniex, which is an enterprise infrastructure provider that provides investment tools for institutional investors. The Series A financing announced on May 27 also included investors Jump Capital, Wicklow Capital and Sierra Capital. Although it did not disclose the valuation of […]

27May2020

Bitcoin whales around the world (holding addresses of more than 10,000 bitcoins) are buying large amounts while the price of bitcoin is falling on Sunday, and are trying to accumulate revenue in the next surge. According to the comparison data, the current bitcoin price is $ 8,800, which was once approaching the $ 9,000 mark […]

27May2020

The cost of bitcoin transactions has fallen by 50% in 5 days, and the backlog of transactions has begun to decrease. These transactions have been blocking the network. This marks a rapid reversal of the Bitcoin network. In 2020 alone, Bitcoin transaction fees skyrocketed by more than 2000%. As shown in the figure below, according […]

27May2020

Grayscale, a large global cryptocurrency asset management company, released its May report “Central Bank Digital Currencies Highlight Bitcoin’s Value Proposition”. The report believes that central bank digital currency (CBDC) will increase the demand for Bitcoin in the global market . CBDC is a digital currency issued and monitored by the central bank. It is opposed […]

26May2020

For a long time, Bitcoin’s fixed issuance and scarcity value have been one of its most representative attributes, and this attribute has also been one of the main reasons why cryptocurrencies are widely regarded as “safe havens”. New data suggests that Bitcoin may also be scarcer than previously thought, because the current 7.78% of the […]