Crypto Morning News - May 21st, 2021

BTC breaks through $40,500

BTC broke through $40,500 and is now reported at $40,770.49, with a 24-hour increase of 0.91%. The market fluctuates greatly. Please control your risks.

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JUST has reached a strategic partnership with the APENFT (NFT) Foundation

According to the latest news, JUST has reached a strategic partnership with the APENFT (NFT) Foundation. APENFT (NFT) has deployed ERC20 contracts on the Ethereum chain through the JUST ecosystem. NFT tokens, which account for 1% of the total circulation, will be issued through the Ethereum chain ERC20 contract.

Contract address: 0xEF40B859D21e4d566a3d713e756197c021BffaAa. It is reported that APENFT is a fund that is supported by the world's well-known public chain Ethereum and TRON's underlying technology, combined with the world's largest distributed data storage system BitTorrent File System, and is committed to NFT and blockchain the world's top artworks. meeting. The APENFT Foundation was officially registered and established in Singapore on March 29, 2021. NFT, as the only token officially issued by the APENFT Foundation, is a decentralized digital asset developed based on the ERC-20/TRC-20 protocol, and it is also a proof of rights and interests of the APENFT Foundation; NFT holders will have voting, profit sharing, Participation and other rights. The total amount of NFT issued is a constant amount of 999,990,000,000,000 pieces.

Hong Kong plans to restrict the service of cryptocurrency exchanges to professional investors

According to Reuters, the Hong Kong government recommends that cryptocurrency exchanges operating in Hong Kong must obtain permission from the Hong Kong market regulator and can only provide services to professional investors. Since last year, the Hong Kong Financial Services and Finance Bureau has been consulting the market on changes in crypto trading rules. The agency said in a statement that it intends to submit legislation at the upcoming 2021-22 session of the Legislative Council.

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The Ethereum Foundation transferred more than 35,000 ETH on May 17th, and finally flowed into the Kraken Exchange

The data on the chain shows that at 15:47 on May 17th, the Ethereum Foundation address (0xde0B2) transferred 35,053 ETH to the address starting with 0x5A70c5, and then transferred to the Kraken exchange at 15:48, which was worth about $115 million at that time. As of now, the ETH balance of the Ethereum Foundation address is 394,787. It is reported that in December 2017, Ethereum co-founder Vitalik Buterin persuaded the Ethereum Foundation to sell 70,000 ETH at a high point.
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Nobel Prize Winner: Cryptocurrency is a "long-running Ponzi scheme"

According to U.Today reports, the Nobel Prize-winning economist and well-known American economist Paul Krugman once again targeted cryptocurrency in his latest "New York Times" column, calling it a "long-running Ponzi scheme." Krugman stated that cryptocurrencies are supported by claims that "technical scams and fiat currencies are about to collapse."
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Data: Bitcoin has been declared "dead" 414 times

According to the “99 BITCOINS” Bitcoin Obituaries, over 414 times have been declared the dead of Bitcoin in the 12 years since the birth of Bitcoin. This Bitcoin obituary records all kinds of statements from claiming that Bitcoin is the largest Ponzi scheme in history to comparing Bitcoin to Monopoly Coin. And more than a quarter of the records are related to the Bitcoin bull market in 2017 and the subsequent crash.

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Goldman Sachs CEO: Bitcoin's market value will eventually be higher than gold

According to the 21st Century Business Herald, Goldman Sachs CEO David Solomon predicted that "major changes" will occur in the digital currency field in the next few years. Regarding some of the challenges facing the cryptocurrency field, he added: “There are significant regulatory restrictions around us. We play a principled role around cryptocurrencies such as Bitcoin.” In addition, Solomon believes that the market value of Bitcoin will inevitably be similar to gold. Flat, and then eventually higher than gold. He believes that Bitcoin "is more like gold than a digital asset in the payment network, so its value will continue to rise in the coming years.
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Vitalik: If Bitcoin technology remains unchanged, there is a huge risk of being eliminated

CNN reported that Vitalik, the co-founder of Ethereum, stated that if Bitcoin's technology stays the same, there is a huge risk of it being eliminated. He also predicted that the market value of Ethereum will likely exceed the market value of Bitcoin. In addition, Vitalik said: "PoW resource consumption is undoubtedly huge. It does not destroy the world by itself, but it is definitely a significant shortcoming."

The Wharton School of the University of Pennsylvania receives a $5 million Bitcoin donation

According to U.today reports, the Wharton School of Business at the University of Pennsylvania, the Ivy League school, received a $5 million bitcoin donation. The transaction was handled by the cryptocurrency company NYDIG. The president of the university expressed deep gratitude for the gift and immediately It was converted into cash.

Ethereum expansion plan Optimism integrates Etherscan

Ethereum expansion solution Optimism announced the integration of block explorer and analysis platform Etherscan. Optimistic Ethereum users can monitor deposits and withdrawals through the "optimistic.etherscan.io" website, check the time when transactions on L2 are pre-confirmed by Sequencer and upload on L1 And complete the transaction time, verify and release the contract source code compiled by OVM, in addition, it will be able to complete the withdrawal on L1.

Polkadot 0.9.2 is officially released, which is crucial to the launch of parachains

Bill Laboon, director of Web3 technology education, said on Twitter that Polkadot version 0.9.2 has been officially released and has a high priority for upgrading. This version is very important for parachain startup, and each node should be upgraded as soon as possible.

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MARKET DATA - TOP 10 [ from CoinMarketCap ]

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