The number of enterprises developing vigorously in China's blockchain industry has exceeded 1,300

China's blockchain industry shows a momentum of vigorous development. As of March 2022, the number of Blockchain enterprises in China has exceeded 1300, various industrial innovation applications have emerged, industrial investment has gradually gathered to the leading enterprises, regional scale effect has gradually formed, and new infrastructure construction is constantly explored and promoted. Wei Liang, …

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European Central Bank: Increased financial stability risks from cryptocurrencies

Financial stability risks for Bitcoin (BTC) and other cryptocurrencies are rising, the European Central Bank (ECB) said in the latest version of its macroprudential bulletin. Top banks are also pointing their searchlights to centralisation of decentralised finance (DeFi), stablecoin risks and the environmental impact of proof-of-work (PoW) mining. ECB macroprudential Report In the July edition …

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Prediction and analysis of the market size and competition pattern of Blockchain software in China in 2022

Global digital asset markets did not see much price movement as the long-awaited US CPI data was released. Bitcoin (BTC) resumed trading above the $20,000 price level. However, one cryptocurrency analyst says it will soon see a big short squeeze. Is the Big Short squeeze looming? CryptoQuant CEO Ki Young Ju mentioned in a tweet …

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Prediction and analysis of the market size and competition pattern of Blockchain software in China in 2022

Blockchain is a chain of blocks one after another. Each block holds a certain amount of information, which is linked in a chain in the chronological order of its own generation. The chain is stored on all the servers, and as long as one server in the system works, the whole blockchain is safe. The …

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The Global Digital Economy Conference (GDC) opened in Beijing on Thursday with the first venue of the conference

The 2022 Global Digital Economy Conference will be held at the National Convention Center from July 28 to 30. General assembly by the Beijing municipal government and the National Development and Reform Commission, ministry of industry and commerce, national network letter office, China Association for Science and Technology, to set sail "digital civilization - new …

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Celsius, a cryptocurrency lender, filed for bankruptcy

"Suspension, reorganization and bankruptcy" are the three key phrases for crypto lending platforms. Collateral damage from Defi deleveraging continues to accumulate as falling collateral values force more margin calls. The cryptocurrency lender Celsius filed for Chapter 11 bankruptcy on July 13, the latest development in the liquidity problems in the crypto credit industry. Celsius was …

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Jpmorgan: Bitcoin production costs have fallen to $13,000

According to jpmorgan, the cost of producing bitcoin has fallen from around $24,000 in early June to around $13,000 today, which could have a negative impact on future prices. Nikolaos Panigirtzoglou and other bank strategists wrote in a note Wednesday that the drop in production costs was almost entirely due to lower electricity consumption, This …

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How do we get into the meta-universe?

The meta-universe is a new form of Internet application and social form that incorporates various new technologies. Based on extended reality technology, the metaverse provides immersive experiences and replicates virtual avatars of the real world through digital twin technology. The virtual world and the real world are then tightly integrated from every aspect of the …

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