The Federal Reserve said that it has no intention of competing with the central bank digital currency Bitcoin to become the world's first risk haven.

laws and regulations

Vice Chairman of the Federal Reserve: The focus of the Federal Reserve is not to lead digital currency.

According to Golden Ten, Clarida, vice chairman of the Federal Reserve, said that the Fed is actively studying the central bank digital currency, and the focus of the Fed is not to lead digital currency.

FATF plans to supervise the P2P cryptocurrency trading platform.

The Central Bank of Kyrgyzstan is drafting a draft law to regulate the cryptocurrency industry.

According to Cointelegraph, the central bank of Kyrgyzstan, a Central Asian country, is drafting a draft law to regulate the cryptocurrency industry in the country. According to the announcement, the central bank said that the draft law will regulate the trading of cryptocurrencies, aiming at cracking down on fraudulent cryptocurrency schemes and financial crimes and protecting the rights of consumers and investors. The bank also predicts that encryption legislation will encounter its own obstacles, and the cross-border nature of many private cryptocurrencies will make it difficult to enforce the law without proper monitoring and infrastructure.

Digital finance

Hedge fund Tianqiao Capital applied to the US SEC to invest in Bitcoin.

Images shared by encryption researcher Kevin Rooke on Twitter show that Skybridge Capital, a well-known American hedge fund company, submitted an amendment to the SEC on June 5438+065438+ 10/3, seeking to allow its $3.6 billion fund to start investing in bitcoin. Anthony Scaramucci, the founder of Tianqiao Capital, is a former White House communications director. He has repeatedly publicly expressed his optimism about digital assets and blockchain. It is understood that Tianqiao Capital is a global alternative investment institution, mainly engaged in multi-strategy mixed funds of hedge fund products, and customized independent account portfolios and hedge fund solutions to meet the needs of a wide range of market participants from personally recognized investors to large institutions. At present, the total assets under management exceed $654.38+02 billion.

The Uniswap community discussed extending the cash mining plan, and the UNI monthly total was reduced to 5 million pieces.

165438+ 10/7 According to the content of Uniswap official community governance forum, some members have submitted proposals to discuss the extension of Uniswap mobile mining plan. The specific content of the proposal is to maintain Uniswap's original liquidity mining plan, that is, to maintain the existing four pools: ETH/USDT, ETH/USDC, ETH/ Dai and ETH/WBTC. However, the biggest change in this proposal is to reduce the total monthly UNI allocation by half, that is, from 654.38 million UNI to 5 million UNI per month, thus extending the liquidity mining plan for another two months. By then, each of the four major cash pools will be allocated1250,000 UNI every month.

At present, the proposal has transitioned from the discussion stage to the public opinion survey stage. If the poll is supported by at least 25,000 UNIs, the next governance voting plan can be carried out. Previously, according to the official plan, Uniswap liquidity excavation plan will officially end at 20:00 on June165438+1October 17.

Gray BTC Trust increased its holdings by 3 153 BTC, and the position of Gray ETH Trust increased by 0.265,438+0%.

AICoin index market shows that on the day of 165438+ 10/5 EDT, the trust positions of gray bitcoin increased by 3 153 BTC, with an increase of 0.62%, and the total positions reached 50958 1 BTC. GreETH Trust positions increased by 0.2 1% to 2580879 ETH.

At the same time, the total position of Grey LTC Trust is 770980 LTC, increasing by 0. 18%. In addition, Gray BCH Trust and ETC Trust both reduced their holdings by 0.02%.

Willy Woo: Bitcoin is the first safe haven in the world.

Peter Schiff said on Twitter in the evening that the recent rise of Bitcoin relative to gold does not prove that Bitcoin is a superior means of value storage. Enthusiastic investors are flocking to risky assets to avoid global safe havens. As the riskiest of all assets, people buy bitcoin as part of the transaction risk. According to cryptocurrency analyst Willy Woo, Bitcoin is the first risk haven in the world. This means that it will rise in the traditional boom cycle, and it will also rise when investors flock to safe havens. The former is because of the use of curves, and the latter is because of its technical design.

Capital trends &; Enterprise cooperation

Korean media: Huobi or want to buy Bithumb, a Korean exchange.

1 17 10/7, The bell, the largest investment media in South Korea, reported that Huobi would acquire Bithumb, the largest virtual asset exchange in South Korea. A number of domestic investment bankers said that Huobi wanted to acquire Bithumb in order to carry out virtual assets business in South Korea after the implementation of the Korean Special Gold Law. Based on this, the exchange must obtain a real name confirmation account. At present, there are only four virtual asset exchanges in Korea, Bithumb, Upbit, Coinone and Kobit.

Galaxy Digital cooperated with CI GAM to launch a new bitcoin fund.

According to financial magnet165438+1October 17, Galaxy Digital, a cryptographic commercial bank, cooperated with CI GAM, a global asset management company, and announced the launch of CI Galaxy, a new bitcoin fund. CI GAM will be responsible for management, and Galaxy Digital will be its second-level consultant, which means that it will execute all bitcoin transactions on behalf of the fund. Bitcoin funds are priced by the Bloomberg Galaxy Bitcoin Index, which is used to measure the performance of Bitcoin against the US dollar. Although the total size of the fund is not clear, it will provide Class A funds and Class F funds at a price of $65,438+00 per share.

OUSD released the details of the $7 million loss caused by the lightning loan attack.

165438+1October 17. Matthew Liu, the founder of the origin agreement, announced the details of the lightning loan attack with the origin of USD (). The content shows that up to now, the attack has caused losses of about 7 million US dollars, including more than 6.5438+0 million US dollars deposited by Origin and its founders and employees. The team is doing its best to determine the cause of the vulnerability and whether the funds can be recovered.

Official reminder, the vault deposit has been cancelled. Please don't buy OUSD on Uniswap or Sushiswap. In addition, the team said that the official will not leave, and this incident is not a fraud or an internal scam. ?

Application trend

The agriculture bureau of Hesse, Germany uses IOTA Tangle in the IOTAqua project.

According to Crypto News Flash, Holger K, head of IOTA partner management department? Yesterday, it was announced that the IOTA Foundation is currently cooperating with the Agricultural Bureau of Hesse, Germany, within the framework of the "IOTAqua" project to develop a digital and legal water meter system. The purpose of this project is to use water for agriculture and horticulture as efficiently as possible to cope with the continuous climate change. The new water meter system is based on the existing products: Octave ultrasonic water meter of Lorenz company, 1000 series control valve of Nelson company, LoRa radio module of peerOS company, IOTA Tangle, to ensure the legal safety of data.

Merzari: Blockchain technology will promote the development of fantasy sports industry.

165438+ 10/6, a digital research company, said in its latest report that as "digital native" ecosystems such as e-sports continue to cooperate with blockchain technology, fantasy sports and other industries may be widely adopted. Mei Sen Nystrom, a researcher in Merzari, believes that fantasy sports are ready for significant growth due to the COVID-19 epidemic. He also believes that blockchain-based applications can help promote fans' participation in this rapidly expanding market.

DASH cooperates with Texas fried chicken to support Dash payment.

Dash official just released a tweet saying that it cooperated with Church's Chicken, a full-service chain store, and recently launched an activity to support DSAH payment in Sambil shopping center branch in Venezuela.

Transaction dynamics

Digital currency market

BTC fluctuated and fell at noon, and now it has fallen below 16600 USDT T, and all the mainstream currencies rose in the day. Among them, LTC once rose more than 75 USDT, and the increase on that day exceeded 5%. BTC is now reporting Huobi 16550 USDT, with an increase of 0.60% in the day. The global digital currency market has a total value of US$ 482.444 billion (+3.72%) and a 24-hour turnover of US$ 53.989 billion (+25.47%).

Mainstream digital currency is as follows:

-ETH interim report 460.52 USDT(+3. 16%)

-The preliminary report of -XRP is 0.2925 USDT(+9.5 1%).

-BCH interim report 249.4 USDT(-0. 19%)

-LTC temporarily reported 73.9 USDT(+ 1 1.88%).

-EOS is temporarily quoted at 2.66 USDT(+6. 15%).

-BSV interim report 160.92 USDT(+5.70%)

The currency of 100 before the 24-hour market value increase is:

- YFI(+ 14.9 1%)

- GNT(+ 12.28%)

- BNT(+ 1 1.76%)

The top three currencies with a market value of 100 in 24 hours are: