| ​The Japan Financial Services Agency denies the report on the virtual currency ETF; SlowMist said that if there is assistance from relevant exchanges, the identity of the ETC attacker can be located

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On January 9, Japan’s Financial Services Agency denied Bloomberg’s report that “the Financial Services Agency is studying virtual currency ETFs” in an interview. The Financial Services Agency stated: “Currently, there has been no study on the cryptocurrency ETF plan.” In addition, the person in charge of the Financial Services Agency interviewed responded to the so-called “informed person close to the Financial Services Agency” and said, “I don’t know who it is.”

digital currency

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digital currency

SlowMist Security Team: If relevant exchanges are willing to assist, the identity of the ETC attacker can be finally located

On January 9th, the SlowMist security team released Analysis on ETC 51% Computing Power Attack. The team believes that each large-scale attack by the attacker has sufficient cost and risk considerations, which involves the cost of money and time spent before and during the attack, and the cost of confrontation and traceability of money laundering after the attack. Through intelligence analysis, the identity of the attacker can be finally located if the relevant exchanges are willing to assist. The team also believes that in view of the recent decline in the popularity of blockchain funds and the decline in the mining computing power of the entire network, it is foreseeable that with the reduction of attack costs in the future, such attacks will increase rapidly.

Ethereum Constantinople hard fork countdown: 1138 full nodes support

According to the data provided by the ethernodes website, on January 9, among the 7,863 full nodes of the Ethereum network, 1,138 nodes had been updated to support the Constantinople hard fork, accounting for 14.47%. According to the plan, the Ethereum blockchain will activate this upgrade at the 7,080,000th block, which is expected to start around January 16. At that time, miner rewards will be reduced from 3 ETH to 2 ETH.

Reddit User Warns DASH at Risk of 51% Attack

A Reddit user warned that crypto mining marketplace NiceHash owns the majority of the computing power on the DASH network. The user found that the three top addresses that mined the last few thousand DASH blocks were controlled by the same entity, and these three addresses obtained at least 53% of the DASH, and 26,665 DASH have been mined so far. That amounts to 573 BTC or $2.2 million at current prices. The Reddit user warned that someone might attempt a 51% attack before DASH implements its new protection mechanism, ChainLocks.

Starting from 10:09 on January 8, DAppShield, the PeckShield security shield risk control platform, detected that hackers were using known attack methods (such as fake EOS transfers, etc.) to test and attack more than 290 contracts on the EOS mainnet, and there were already contracts Hit. Relying on the self-built attack signature monitoring library, the DAppShield platform traced the data on the hacker chain and found that: some hackers had previously tested and implemented network-wide attacks, but due to the different gameplays, they had little success. parameters, causing some contracts to be recruited. PeckShield security staff reminded that known attack features are often used by hackers to cast net attack tests. Developers should do a security test before the contract goes online, especially to eliminate the threat of known attack methods. If necessary, seek The third-party security company assists and helps it complete the attack test and basic security defense deployment before the contract goes online.

Riksbank: People and companies claiming to sell the countrys central bank digital currency are liars

Riksbank: People and companies claiming to sell the countrys central bank digital currency are liars

The Riksbank has warned that individuals and companies claiming to sell the national cryptocurrency e-krona are scammers as the digital currency project is “not over yet.” The Riksbank said it had taken no decision on issuing the e-krona and that the scam was carried out online and over the phone.

The official Twitter of Huobi Japan stated that the Huobi Japan Exchange was officially launched on January 8, opening cryptocurrency trading services. Previously, Huobi Japan Exchange announced the advance account opening on December 17, 2018.

On January 9, CCTV2s Economic Information Network column reported that six tobacco shops in and around Paris, France, began selling bitcoins over the counter. According to the news, many people are interested in virtual currency and bitcoin, but they don’t know how to buy it. Wouldn’t it be more convenient if they could buy it in a physical store like buying a pack of cigarettes? Customers can buy small amounts of bitcoins ranging from 50 euros to 250 euros in these tobacco shops. The stores will provide sales receipts, and customers can convert them into bitcoins through related software and associated websites. According to reports, the so-called tobacco shops in France are actually convenience stores, which are closely related to the lives of local residents.

Blockchain industry

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Blockchain industry

Indias Telangana state government uses blockchain technology for credit scoring

The government of Telangana state in India is launching a pilot with London-based startup Cognito Technologies to use blockchain technology to help the poor with credit scoring so they can get loans from banks.

The decentralized social media platform Steemit has suspended the account of a hacker group called Dark Overlord. The hacker group threatened to release documents related to the 9/11 terrorist attacks and took the opportunity to threaten to blackmail all parties. Prior to this, Twitter and Reddit had successively suspended the accounts of the organization.

Taiwans First Bank Receives Patent for Blockchain Issuance

Recently, the First Bank of Taiwan obtained an invention patent that can accelerate the speed of blockchain transactions. This is the worlds first blockchain innovation patent capable of cross-chain integration. He said that now the barriers of various blockchain architectures will be broken, and various cross-chain integration, cross-chain communication, or asset creditors rights exchange will be more intuitive and convenient. It operates in an environment such as chain co-operation to meet the needs of diversified field financial services and operating cost savings.

According to the average score of CCIDs global public chain technology evaluation index (Phase 1-8) innovation sub-item, after review by expert consultants, CCIDs 2018 annual list of top ten public chain innovations (in no particular order), respectively, is Bit Coin, Cardano, EOS, Ethereum, Komodo, Lisk, Monero, NULS, Tezos, Waves.

global policy

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global policy

The European Securities and Markets Authority (ESMA) said that cryptocurrency assets need to go through the EUs way to protect investors. EU anti-money laundering rules should apply to cryptocurrencies.

Venezuelan government issues decree on tax payment through cryptocurrencies

The Venezuelan government recently issued a decree requiring taxpayers engaged in crypto businesses in the country to pay taxes in cryptocurrencies. Likewise, foreign currency operators must pay taxes through cryptocurrencies. The decree states that such changes are necessary to strengthen the current fiscal regime.

On January 7, the Sixth Plenary Session of the Eleventh Kunming Municipal Committee of the Communist Party of China was held. On behalf of the Standing Committee of the Municipal Party Committee, Cheng Lianyuan, Member of the Standing Committee of the Yunnan Provincial Party Committee and Secretary of the Kunming Municipal Party Committee, made a report entitled Deepening Reform, Strong Momentum, Expanding Openness, Increasing Advantages, Focusing on Innovation, Promoting Transformation, High Quality and Promoting the Construction of a Regional International Center City. The report proposes that Kunming will achieve 8 new breakthroughs, of which the third breakthrough is achieve a new breakthrough in transforming the development mode: Vigorously promote scientific and technological innovation - focus on building a demonstration city of national small and micro enterprise entrepreneurship and innovation base Hands, increase support for innovation of small and medium-sized enterprises; build the provinces industrial innovation core area; set up a blockchain development fund, introduce a number of blockchain innovation enterprises; cooperate with the province to hold the first blockchain international forum.

Character·Voice

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Character·Voice

The Kremlin will be forced to invest in Bitcoin if the U.S. passes new sanctions, according to Vladislav Ginko of the Russian Presidential Academy of Economics and Public Administration. Ginko said, “Due to U.S. sanctions, Russian elites have been forced to abandon U.S. assets and dollars and invest heavily in Bitcoin. The Russian Central Bank is sitting on $466 billion in foreign exchange reserves, which must be diversified if there is an opportunity in the future.” It confirmed that Bitcoin Coin adoption and Kremlin investment could be within weeks. Many in the media community have speculated that the successful adoption of Bitcoin in Russia will trigger the next bull run in Bitcoin and other cryptocurrencies.

Governor of the Bank of England: It will take time to issue a digital currency, Bitcoin has flaws

Bank of England Governor Mark Carney said the UK would remain committed to a physical currency, but must also keep pace with changes in the economy. Digital payments have a place in the future, but true digital currencies are still some time away. Mark Carney also emphasized that digital currencies are an inefficient medium of exchange, compared with British pound payments, transactions are slower and more expensive. For example, Visa can process up to 65,000 transactions per second globally. transactions, while Bitcoin can only handle 7 transactions per second.

China Banking and Insurance Regulatory Commission Chen Weigang: Blockchain will give wings to financial regulatory innovation in the future

Chen Weigang, supervisor of the board of supervisors of key state-owned financial institutions of the China Banking and Insurance Regulatory Commission, said that the current financial supervision methods are still very backward and far from meeting the needs of bank development. This has also resulted in the lack of monitoring methods for the regulated, resulting in a very low regulatory efficiency boundary, and the blockchain will give wings to future financial regulatory innovations.

Dr. Liu Changyong from Peking University: Recombination protection is an effective measure against recombination attacks

Liu Changyong, Ph.D. in Economics from Peking University and an opinion leader in the blockchain community, believes that reorganization protection is an effective measure to resist reorganization attacks. It said, In the case of the BCH fork, the reorganization protection prevented the 51% attack threat of CSW and Calvin, which was the most serious public and persistent 51% attack threat in history. The attacker declared that he would never fork, It would be better if BCH cannot be used for two years, but also continue to attack and eliminate ABC. However, after ABC joined the reorganization protection, Calvin and CSW immediately announced that they would give up the competition for BCH and fork out BSV. Reorganization protection may occur in extreme cases An accidental fork, or a new attack method. But there is no one-and-done solution, only to constantly discover and solve problems.”

V God: ETCs 51% attack proves that Ethereums decision to switch to PoS is correct

V God: ETCs 51% attack proves that Ethereums decision to switch to PoS is correct

Ethereum founder Vitalik Buterin commented on a netizen’s tweet: “I don’t think a 51% attack on ETC can prove the completeness of ETH itself in engineering; the only difference between the two is that the computing power of ETH is more than 20 times that of ETC ...however, it also proves that ETH is conceptually sound, as it justifies our decision to move to PoS.

Block.one CEO Brendan Blumer: Node election should be changed to one vote, one vote

Block.one CEO Brendan Blumer expressed his opinion in the telegram group: the node election should be changed to one vote, one vote. He explained that transaction fees are necessary to prevent market manipulation. These transaction fees should eventually be burned or given to voters. But before any reward method is implemented, the voting method of the network must be changed to one vote, one vote, so as to increase the number of voters and promote a healthier voting environment. And I think staking (voting) time should increase. Now the system is actually 1 EOS=30 votes. This means that several BPs can get together and vote for each other (already happened). This ends up creating a highly centralized BP monopoly that no one else can break into, because BPs are all so coordinated and vote for each other, while ordinary voters are not so coordinated, and their totality cannot compete with a 30-person voting transaction closed loop. Once one-vote-one-voting starts, the nodes will still vote for themselves, but it will be easier for new nodes to participate instead of having to negotiate with the original monopoly group as a newborn small group in this vote-for-vote system.