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This is the daily 1-sentence news on February 11. It only takes 1 minute, so that you will not miss the hottest global blockchain news~~
Viewpoint :
JPMorgan Chase: Digital currency unlikely to disappear completely
Global :
U.S. may require government employees to disclose digital currency assets Senior
French and German officials issue letter urging other countries to discuss cryptocurrency regulation at G20 summit
IRS forms digital currency tax evasion tracking task force to investigate unlicensed exchanges
Company :
The micro-envelope bans the promotion link of NetEase’s blockchain product “Planet” Changpeng Zhao posted a review of the
Binance system maintenance incident
. The NEM stolen by coincheck may have been traded
TFBOYS: No organization or individual has been authorized to issue the so-called “TFBOYS meal ticket”
Trend :
Xinhua News Agency: Bitcoin and blockchain should be distinguished:
Nvidia CEO says virtual currency will not disappear
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Want to see details? The following 2 minutes will give you a thorough understanding!
1. Changpeng Zhao posted a review of the Binance system maintenance event
Changpeng Zhao released a long article reviewing the details of the Binance maintenance process in the first two days: During the database migration on the morning of February 8, the data was destroyed due to a hardware failure, and during the resynchronization, a huge amount of data caused synchronization Slow down; the team worked 34 hours straight; the official website was hit by a serious DDoS attack at the same time. Previously, Binance started maintenance at 8:00 on February 8, and did not reopen for trading until 18:00 on February 9. (Golden Finance)
2. Securities Times comment: Bitcoin’s price surge is destined to be impossible to become a currency
The Securities Times article commented that Bitcoin and other encrypted digital currencies have no credit guarantees given by people or organizations, and have become tools for manipulation and over-hype by a few people. Coupled with the shortcomings of the current blockchain technology, the risks faced by cryptocurrency speculation will increase, and may even impact the existing financial market. In order to prevent the risk from getting out of control, it is imperative and urgent that various market regulators around the world form a siege on digital currencies and virtual assets to strengthen their control. (Wall Street News)
3. JPMorgan: Digital currencies unlikely to disappear entirely
JPMorgan Chase recently released a digital currency analysis report. The executive summary of the analysis report puts forward two points: 1. Digital currency represents the innovation of blockchain technology. Digital currencies bring huge price volatility and a fixed trial-and-error approach to new product trials and failures. 2. Digital currency is unlikely to disappear completely, and can easily survive in different forms among those who want decentralization, peer-to-peer, and anonymity. The technology behind digital currencies can have huge applications in slow payment systems, such as cross-border payments. (Golden Finance)
4. The IRS sets up a digital currency tax evasion investigation task force to investigate unlicensed exchanges
According to foreign media reports, the Internal Revenue Service (IRS) has announced the formation of a task force of 10 professional investigators to conduct international criminal investigations and search for digital currency tax evaders. Don Fort, head of the Internal Revenue Service's Criminal Investigation Division, said the newly created task force will work with international criminal investigation agencies to inspect some unlicensed digital currency exchanges. "As with setting up overseas bank accounts, using bitcoin and other digital currencies is likely to facilitate tax evasion," he said.
5. TFBOYS: never authorized any organization or individual to issue the so-called "TFBOYS meal ticket"
The official Weibo of Beijing Times Fengjun Culture and Art Development Co., Ltd., which belongs to the TFBOYS group, issued "Clarifications and Statements Regarding the So-called "TFBOYS Meal Tickets", stating that it has never authorized any organization or individual to issue the so-called "TFBOYS meal tickets". The three TFBOYS I naturally obtained 60% is purely a rumor, and it is suspected that a specific person has misappropriated the name of the TFBOYS group for illegal profit-making activities, and reserves the right to take legal measures to investigate. Fans are also requested to remain vigilant and beware of being deceived. (Weibo)
6. The United States may require government employees to disclose digital currency assets
This week, Colorado Rep. Jared Polis launched a proposal to the U.S. House of Representatives Ethics Committee (HCE) to require government officials to report their bitcoin and other digital currency holdings.
7. Senior French and German officials issue letter urging other countries to discuss cryptocurrency regulation at G20 summit
Senior officials from France and Germany have released a letter urging finance officials from other countries to discuss the regulatory implications of cryptocurrencies at the upcoming G20 summit, which also calls on the International Monetary Fund to report on the potential impact virtual currencies can have on global financial stability. Impact. French Finance Minister Bruno Le Maire said: “We will conduct a joint analysis of Bitcoin-related risks in Germany and provide regulatory advice, which will be presented to the G20 as a joint proposal at the G20 in Argentina in March. ."
8. Nvidia CEO Says Virtual Currency Won't Go Away
“The cryptocurrency industry is real and it’s not going away.” Jen-Hsun Huang, CEO of graphics card maker Nvidia, released its fourth-quarter 2017 results yesterday. The company said on an earnings call Thursday that demand for its products from cryptocurrency miners has exceeded expectations, but that segment of the market remains small overall. (Daily Blockchain)
9. Bank Negara Malaysia President: Authorities do not recognize digital currencies as legal tender and do not ban their transactions
According to Lianhe Zaobao, the president of Bank Negara Malaysia, Muhammad Ibrahim announced that the authorities do not recognize digital currencies as legal tender, but do not prohibit their transactions. Authorities will release a concept paper for digital currencies this month, revealing how such currencies work, he said. He said the authorities were not prepared to ban the trading of virtual currencies, but would try to make it more transparent. He hopes the above-mentioned documents will allow the public to decide whether to invest in virtual currencies. “We don’t ban it (virtual currency trading) now. But we let the market decide the future of virtual currency, and the point is that the public has to know what they are doing.”
10. The NEM stolen by coincheck may have been traded
Regarding the loss of 58 billion yen worth of NEM from the virtual currency exchange cioncheck, on the 10th, in an interview with a person involved in the investigation, it was learned that a Japanese man used an anonymous website called "dark web" (dark web). Part of the lost NEM was traded with other virtual currencies. The Cybercrime Countermeasures Division of the Japan Metropolitan Police listened to the detailed background of men before the 9th. According to investigating officials, an analysis of the man's transaction records revealed that he traded NEM. The man exchanged a small amount of NEM for his own Litecoin, realizing that it was possible that the NEM was flowing from the coincheck exchange. Judging from the trend of the accounts used by prisoners for transactions on the dark web, if the unit price of NEM was 110 yen at the time of the loss, it was worth more than 500 million yen at the time, and the NEM, which is now worth more than 300 million yen, may have been lost. been traded.
11. The micro-envelope prohibits the promotion link of NetEase's blockchain product "Planet"
According to Sohu News, the current promotion link of NetEase's blockchain product "Planet" has been banned by micro-envelopes. The reason for the ban is: the page contains content that induces sharing and inducing attention, which has been complained by many people.
12. Xinhua News Agency: Bitcoin and blockchain should be distinguished
Recently, Xinhua News Agency issued a document stating that it is reported that my country will take a series of regulatory measures for domestic and foreign ICO and virtual currency transactions, including banning relevant commercial presence, banning and disposing of domestic and foreign virtual currency trading platform websites. The article pointed out that many interviewed experts believe that Bitcoin and blockchain technology should be distinguished. (Xinhua News Agency)
