1. Tesla CEO Elon Musk said at The Word conference that it makes sense to support something that can improve the quality of information we manage the economy.

Bitcoin is a candidate product.

One needs to be wary of cryptocurrencies, especially Bitcoin, which consumes so much energy.

Musk said: “In general, I support Bitcoin. 2. Tesla CEO Elon Musk said at The Word conference that he personally owns Bitcoin, Ethereum and Dogecoin. Musk said:

“I may buy, but I won’t sell, I want to see Bitcoin succeed.

"In addition, he revealed that Tesla and SpaceX hold Bitcoin. It is reported that because SpaceX is privately held, it was not previously known that the space exploration technology company also held some cryptocurrencies. 3. Golden Finance reported that Tesla

CEO Elon Musk said at The Word conference that Tesla, SpaceX and I will not sell any Bitcoin. Tesla will likely continue to accept Bitcoin payments. Musk said that Bitcoin is changing.

Many places are turning to renewable energy, and there is a trend to shift to more than 50% renewable energy. In this case, Tesla will resume accepting Bitcoin. In addition, Musk said that he is a fan of decentralized finance. 4.

Cathie Wood, founder of ARK Fund, said at The Word conference: “Bitcoin is the solution to inflation.

I truly believe that Bitcoin will definitely be more environmentally friendly than gold mining or the traditional financial services industry.

In many ways, it already is.

” 5. Ethereum developers have been working hard to solve problems with the code and clients on the test network to prepare for the next major network upgrade-the London upgrade. On July 21, Ethereum lead developer Tim Beiko released

A “London Testnet Review” report details the latest developments in the testing phase of the upcoming Ethereum upgrade. According to the report, OpenEthereum clients noticed their nodes stopped functioning on the Ropsten testnet.

After checking, the problem is not with this client, but with the go-ethereum protocol and the Geth client, which checks the sender balance of the EIP-1559 transaction. It is reported that some clients rejected the block while others.

The block was accepted and processing continued: “Specifically, OpenEthereum and Besu rejected the transaction/block, while Nethermind, go-ethereum, and Erigon accepted them.

"Later, the issue was fixed by adding new assertions to the validity of the EIP-1559 transaction, and testing continues. It is reported that the test was first activated on the Ropsten testnet on June 24; earlier this month

At that time, the Rinkeby test network also launched the final testing phase. 6. Tesla CEO Musk said that modern nuclear power plants are safe and supports the use of nuclear power to mine Bitcoin. 7. T Rabi Shankar, deputy governor of the Reserve Bank of India, on Thursday.

The Reserve Bank of India (RBI) is working on a "phased rollout" of the Central Bank Digital Currency (CBDC) - the digital rupee, which may be piloted in the future. The Reserve Bank of India defines CBDC as a digital form of sovereign currency that can be converted.

For cash or sovereign-backed deposits. The Reserve Bank of India has made several considerations regarding the scope and legal framework of the proposed CBDC, which is likely to be in the form of cash and digital payments. The time for a Reserve Bank of India is approaching.

The banks have carefully assessed the risks and the RBI’s efforts are that as we move forward, India’s CBDC can reaffirm its leadership in the world’s payment systems. The RBI has carefully looked at several aspects of launching a universal CBDC, including: It

What it can be used for; the technology that underpins it (distributed or centralized ledger); the basis for verification (token or account based); and whether it will be issued only by central banks or commercial banks, are also needed before launching a CBDC.

Consider several enabling legal frameworks. Importantly, these include the amendments to Sections 24, 25 and 26 of the RBI Act, as well as the provisions of the Coinage Act, 2011, the Foreign Exchange Management Act and the Information Technology Act.

The RBI has been exploring the pros and cons of issuing a sovereign CBDC in India. The RBI has looked at the proposed CBDCs for wholesale and retail sectors by different central banks across the world. The launch of a universal CBDC targeting the population scale is being considered and the Reserve Bank of India is working on a phased introduction strategy.

, and looking into use cases with little disruption to the Indian banking and monetary system. Shankar added that cryptocurrencies like Bitcoin do not meet the RBI’s definition of currency and one of the reasons why central banks around the world are trying to use CBDC is that they want to use cryptocurrencies against them.

The risk posed by the fiat economy is minimized 8. JPMorgan Chase is allowing all its wealth management clients access to cryptocurrency funds, sources said.