Project Weekly｜Tether issued an additional 10 million USDT on the EOS network

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project trends, technological progress and other industry trends for the week. This article is the project weekly, which will give you an overview of the progress of mainstream projects and star projects this week.

Data: The issuance of Bitcoin-anchored coins on the Ethereum chain exceeded 50,000

According to Debank data, the issuance of Bitcoin-anchored coins on the Ethereum chain exceeded 50,000, reaching 51,140. At present, WBTC is about 32,417, accounting for 63%, and renBTC is about 11,431, accounting for 22%.

Co-Founder of Gemini: Most of Bitcoin's Price Support Comes from the Federal Reserve itself

On August 26th, Gemini co-founder Tyler Winklevoss said that most of the price support for Bitcoin (BTC) comes from the Federal Reserve itself, and the Fed’s policies will continue to support and affect the fate of Bitcoin. The impact of the coronavirus containment measures on the U.S. economy and the surprise of the U.S. central bank will make Bitcoin more attractive and the U.S. dollar less attractive. (Cointelegraph)

Terra ecological project Astroport initiated a proposal to upgrade the bLUNA-LUNA pool to handle bLUNA rewards: On March 9th, Terra ecological AMM exchange Astroport tweeted that it initiated the ARC-5 proposal and plans to upgrade the bLUNA-LUNA pool so that LPs can The ratio will be rewarded by bLUNA, and the contract audit plan will be carried out in late March 2022. [2022/3/9 13:46:57]

Bitcoin and Gold Price Correlation Is Falling

Golden Finance reported that the correlation between Bitcoin and gold prices is declining. So far, the correlation between Bitcoin and gold prices is only 11.8%, which is far from the historical high of 68.7%. In addition, Skew data shows that when Bitcoin is decoupled from gold, its price will continue to decline. For example, when the correlation between the two started to rise in January 2020, the valuation of Bitcoin also rose and continued to be bullish. A similar situation was seen recently at the end of July, when the price of Bitcoin started to rise after its correlation with gold prices hit an all-time high.

The CHA tea industry blockchain project was launched in Yunnan: On November 11, the unveiling ceremony of the Kunming branch of the Huoda Alumni Association and the launching ceremony of the "Haocha 13 Digital Tea City" and the opening ceremony of the teahouse blockchain teahouse were held in Kunming. The president of Huobi University, Yu Jianing, head teacher Yuan Ruijuan, founder of CHA, Cha Zhiming, and more than 100 entrepreneurs and alumni from the Huobi Alumni Association attended the event. On the same day, the CHA tea industry blockchain project "Haocha 13" won the Top 20 Award for "Blockchain Technology and Application Design Projects" issued by the International Economic and Technical Cooperation Center of the Ministry of Industry and Information Technology.

On the 12th and 13th, entrepreneurs and alumni visited the ancient tea forest of 1,000 mu in Jingmai Mountain, Pu'er, and established in-depth cooperation with many alumni.

According to reports, the CHA tea industry blockchain develops through multiple integrations such as smart tea warehouses, Puer tea value evaluation systems, digital tea cities, digital tea rights trading platforms, tea friend stations, tea colleges, etc., integrating tea and related industrial chains. People, things, and organizations on the Internet are closely connected with "CHA", forming an open and borderless ecology. [2020/11/13 20:44:37]

Bitcoin undergoes difficulty adjustment on August 24 at 4:30 pm

Singer Akon’s cryptocurrency project has reached a cooperation with blockchain financial infrastructure company Delchain: Jinse Finance reported that the cryptocurrency project Akoin of the famous American singer Akon has reached a cooperation with blockchain financial infrastructure company Delchain. Delchain has provided Akoin with strategic consulting services and expertise. [2020/3/18]

According to the BTC.com block explorer, Bitcoin adjusted its difficulty at 4:30 pm on August 24th, Beijing time. According to the current network status, the next difficulty will increase by 3.14% to 17.48T.

Three-month volatility differential between ETH and BTC has risen to a six-month high

As decentralized finance (DeFi) booms, an important measure of risk hits a six-month high, and investors expect Ethereum (ETH) to be more volatile than Bitcoin (BTC), Jinse Finance reported. According to data from Skew, the three-month volatility difference between ETH and BTC has risen to 29%, the highest level since February 23. The metric tracks the difference in implied volatility of at-the-money options on the two cryptocurrencies. The surge in this volatility differential suggests that investors expect ETH to be more volatile than Bitcoin over the next quarter.

Jinse Finance live report Huo Li, Vice President of Huobi Global Business: HADAX formulates "partial centralization" rules and super nodes help the public identify projects: Jinse Finance live report on June 6, in "Financial Chain Change - Huobi Group Global Brand Upgrade Conference", Huo Li, vice president of Huobi Global Business, said that HADAX will formulate rules to adapt to the "partially centralized" system form. At present, HADAX has 20 tokens on the line and 50+ super nodes, which are managed through community voting. Drawing on the concept of DPOS, the Super Voting Node is composed of professional investment funds, well-known institutions and investors, helping HADAX to identify projects and allowing the public to vote more scientifically. [2018/6/6]

Tether issued an additional 10 million USDT on the EOS network

According to the data on DAppTotal.com’s stablecoin page, at 17:03 on August 29th, Tether, the USDT issuer, issued an additional USDT worth 10,000,000 USD on the EOS network. The block height was 139095668, and the transaction hash value was: bc75c247c82925e7fbc32e143eeb6a525ff03b5500cc5c20b91ec8f7. As of now, Tether's total issuance of USDT on the EOS network has reached 15,251,000 pieces. DAppTotal hereby invites investors to be alert to market changes and deal with market risks cautiously.

Polkadot surpasses Tezos, EOS and Cardano in market capitalization in just six days

It took less than a week for Polkadot’s market value to soar to $4.2 billion, surpassing Tezos, EOS and Cardano. Nowadays, more and more teams are actively building application layers on Polkadot, making it an important competitor of Ethereum and Cosmos. Currently, multiple projects such as Stafi, Acala, and Sora Network have been launched on the Polkadot DeFi ecosystem, including Chainlink, which is also building the necessary infrastructure to introduce its oracle into the Polkadot blockchain. (Cryptobrefing)

YFI became the first 10,000-fold currency in 2020, and it took 43 days

Financial blogger Blockchain Robin said on Weibo that YFI became the first 10,000-fold currency in 2020, and it took 43 days. According to Huobi Global market, YFI is currently trading at 37,800 USDT, an intraday increase of 54.2%.

ETC suffered another large-scale 51% attack, and more than 7,000 blocks were reorganized

On August 30, Bitfly (the parent company of Ethermine mining pool) officially tweeted that ETC suffered another large-scale 51% attack today, resulting in the reorganization of more than 7,000 blocks, which is equivalent to about 2 days of mining time. All missing blocks will be removed from the unexpired balance, which will check all expenditures for missing transactions.

Polkadot DeFi platform Acala raises $7 million

Jinse Finance reported that Acala, a DeFi start-up based on the Polkadot blockchain, has raised $7 million through the SAFT agreement, led by Pantera Capital, and other investors include 1confirmation, Arrington XRP Capital, ParaFi Capital, Coinfund and Spartan Capital, etc. .

The circulation market value of DOT exceeded 6 billion US dollars

According to CoinGecko data, on August 27, the circulating market value of Polkadot (DOT) has exceeded 6 billion US dollars, reported 6.004 billion US dollars, and the market value ranking has surpassed LINK to rank fifth, after XRP.

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