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Showing posts with the label china crypto news

WuBlockchain Weekly: Key Developments in Bitcoin ETF, CZ Prohibited from Leaving the U.S., Intensive Discussions on Bitcoin Ordinals and Top10 News

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1. Negotiations Between U.S. Bitcoin ETF Issuers and the SEC May Have Reached Crucial Progress link Discussions between regulatory authorities and asset management companies seeking to list Bitcoin ETFs have progressed to crucial technical details, indicating that approval for these products may be imminent. The SEC has been engaging with issuers on substantive details, some of which are typically discussed as ETF application processes near completion, according to statements from six industry executives and SEC public memoranda. The SEC must make a final decision on ARK’s application by January 10th, marking the earliest decision. Insiders suggest that the advanced nature of the discussions indicates that the SEC may approve ARK’s application early in the new year and potentially approve some of the other 12 applications 2. BlackRock and Bitwise Submit Updated Bitcoin Spot ETF Applications to the SEC link Bloomberg analyst James Seyffart tweeted that BlackRock has once again submitte...

Weekly Project Updates: PEPE Team's Coin Sale Controversy, Decentralization Plans for Base, etc

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1. Ethereum’s Weekly Summary a. The 116th Ethereum All Core Developer Consensus Meeting (ACDC) link On August 25th, Christine Kim, the Vice President of Galaxy Research, posted a summary of the 116th Ethereum All Core Developer Consensus Meeting (ACDC). Developers confirmed that all EL and CL clients have joined the Dencun testnet Devnet 8, but Besu and Erigon are yet to run validators. Jayanthi submitted an overview document for the Dencun upgrade tests, which includes EVM-related tests for Dencun EIPs impacting EVM, synchronization tests of blocks and blobs between EL and CL clients, and user assessments of chaos testing under different chaotic conditions. Plans for launching Devnet 9 were discussed, along with some issues in the Holesky testnet. b. Genesis File for Ethereum Public Testnet Holesky Successfully Created link On August 26th, according to Ethereum developer @parithosh_j, the genesis file for the Ethereum public testnet Holesky has been generated. It has been confirmed to...

Decentralized Real Estate Project Parcl: Combining NFT, DeFi and Home Sales

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Author: Carol (Twitter: @CC99Carol) Editor: Wu Blockchain Abstract: As a special product with both physical and financial attributes, real estate has been quite sought after by investment groups. However, because of its stable nature, it is also often limited in scope due to its immovable attributes and physical limitations. In this context, a decentralized real estate investment platform called Parcl was created to break the geographical limitations of traditional real estate investment by combining NFT, DeFi and real estate asset elements to expand people’s investment scope, thus providing users with a convenient, efficient and low-threshold opportunity to enter the digital real estate ecosystem. Foreword As we all know, real estate is one of the most important asset types in people’s lives as a compound asset with both residential and financial attributes, and it is also favored by the investment market due to its connection with land and some policy factors. However, due to the imm...