The opening price of First Trust Indxx Innovative Transaction & Process ETF on April 24th was 28.90 dollars. The highest value was of 29.1175 dollars and the lowest value was of 28.53 dollars. During the trading period the total trade volume was of 21640 and on April 24th, the closing value of the First Trust Indxx Innovative Transaction & Process ETF decreased 0.97% to 28.62 dollars.
[Mr.Sun Yi: the underlying blockchain technology made no breakthrough and it still had many limitations] Yesterday, the Jinan City Committee held the fourth 2018 QuanCheng Governor Class. Sun Yi, the researcher at the Institute of Computing Technology Chinese Academy of Sciences, supervisor of Ph.D and leader in the blockchain subject, said that the blockchain was neither mysterious nor marvellous. It has been in the early stage of development, the underlying blockchain technology made no breakthrough and it still had many limitations. In the current stage, we should embrace this promising technology. Respecting rules of development, we made concrete researches on the underlying technology, then it would gradually be mature.
[Harbin Engineering University launched the world's first blockchain robot] According to reports from Ynet.com, at the first Digital China Summit held in Fuzhou on April 22nd to 24th, the world's first blockchain robot was exhibited. It was jointed developed by the Modeling and Emulation in E-Government of national engineering laboratory of Harbin Engineering University and the Value Chain Technology (Shenzhen) Co.
[Mr.Deng Di: the blockchain technology would accelerate the construction of smarter Society] Recently, at the Digital China Summit, The chairman of Tai Cloud Technology Deng Di believed the internet has achieved the dissemination of information and the blockchain could fulfill the transfer of value. Currently, the blockchain technology has still been in its early stages, and the development of technical application scenarios was not comprehensive. In the future, in the perspective of smart society construction, the use of blockchain decentralization and transparency would likely solve application problems of blockchain data objects, networks, and trustworthy behaviors, and make the social governance more intelligent.
The opening price of Luxoft Holding, Inc’s (NYSE:LXFT) share on April 24th was 39.55 dollars. The highest value was of 39.95 dollars and the lowest value was of 38.95 dollars. During the trading period, total trade volumes have reached 177969 shares and the 90 days’ average trading value has been of 275394 shares. On April 24th the Luxoft Holding, Inc’s share closed at 39.70, 0.38% higher than the previous day.
[The cryptocurrency mining became the focus of attention of some cities in the U.S.] According to the report of Bitcoinist, some cities in the United States, especially along the Northeast New York region expressed concerns about the cryptocurrency mining. The high energy consumption of cryptocurrency mining would cause big pressures for local electrical powers, and the cryptocurrency mining industry could not provide the number of hired jobs that matched with their high energy consumption.Recently, some state regulators allowed certain municipalities to increase mining electricity charges to solve this problem.
[Mr.Xiao Lei: the real phenomenon has entered the blockchain industry and would bring catastrophic changes] The financial columnist Xiao Lei today issued an article that if China's entire chip market suffered from the U.S. export bans, the only way China wanted to acquire chips seemed to be the underground digital currency mining industry. Digital currency mining industry had many ways to break through the U.S. blockade. In addition, from the market perspective, in addition to Huawei, ZTE and other companies, the largest demand for chips might be Chinese cryptocurrency mining companies. Several of China's major mining machine manufacturers have been developing their own chips and have achieved certain successes.
[Mr.Yang Chengzhang: Shanghai could offsets drawbacks of the construction of the international financial center through the promotion of blockchain] Yang Chengzhang, member of the National Committee of the Chinese People's Political Consultative Conference, chief economist of SWS, said Shanghai needed to offsets drawbacks of the construction of the international financial center. It could start with improving the global influence of technological finance and financial technology, and promote cutting-edge scientific and technological applications in financial sectors such as artificial intelligence, blockchain, computing cloud, big data, and mobile internet. The use of financial technology could provide the Shanghai international financial center more advantages.
[Estonia’s blockchain-integrated X-Road platform to support data sharing with Finland] According to ETHnews, Estonia's X-Road platform for secure online data transfers, which first launched in 2000, would soon support the transmission of data between some Estonia- and Finland-based entities. The communication systems, which supported institution-to-institution information sharing, would enable a range of use cases. These were projected to include filling a prescription at a pharmacy in one country that was written by a doctor in the other and reporting the income of Estonians employed in Finland to Estonia's Tax and Customs Board.
The opening price of Accenture Plc’s (NYSE:ACN) share on April 24th was 153.04 dollars. The highest value was of 154.34 dollars and the lowest value was of 149.85 dollars. During the trading period, total trade volumes have reached 1922646 shares and the 90 days’ average trading value has been of 2388216 shares. On April 24th the Accenture Plc’s share closed at 151.07, 1.29% lower than the previous day.
[Korea telecom operator KT cooperated with Innitec to develop the comprehensive blockchain based authentication solution] According to Money Today, Korean telecom operator KT announced to joint develop the comprehensive blockchain based authentication solution(Single Sign On) with the information security and financial IT service company INITECH. At the end of this April, it would officially release a comprehensive blockchain certification product.
[Dozens of WeChat groups were created without any blockchain project was likely to become a MLM scam] According to Legal Weekly, a senior blockchain insider who entered the blockchain industry earlier revealed that attentions of the public was focused on the blockchain and intentions of investing in mysterious cryptocurrencies increased as the cryptocurrency market soared since last year. This insiders indicated some young people even borrowed money from small loan platforms, used credit cards to cash in to invest in some cryptocurrencies. They thought that if they invest in one valuable currency, they would get considerable returns and even achieved the financial freedom. This kind of blind ideas would often fall into the trap of ever-increasing tokens that were designed by some criminals. Some of the so-called blockchain project parties would first establish dozens of WeChat groups without developing any real project. These WeChat groups were likely to be propaganda sites where the project party later issued “air coins” and “MLM Coins”. The consequences could not be imagined, and the possibility of developing MLM would be very high.
[Pleas to ease cryptocurrency rules in Thailand rebuffed] According to the Nation,The Thai Ministry of Finance was holding firm against efforts for a draft bill on the regulation of digital currencies to be watered down, especially with the imposition of a 15 per cent withholding tax on transactions. The ministry said the draft bill had been passed by the Council of State and it rejected suggestions that the emerging cryptocurrencies sector was deserving of supportive government policies. Prasong Poontaneat, revenue director-general, was responding to a letter from the Thai Blockchain Association that had been submitted to Deputy Prime Minister Somkid Jatusripitak. The letter requested that the government to revise the draft bill, particularly on the withholding tax of 15 per cent.
[Korean FSC indicated that the use of Bithumb Coin might be illegal] According to the Korean media NTM on April 23, Bithumb’s ICO implicitly bypassed South Korean ordinances, and the issue of the Bithumb Coin may have violated the Korean government’s regulations. Korean Financial Supervisory Service(FSC) stated that the use of this type of cryptocurrency to trade and exchanges not only a violated existing laws, but it was also a clear and restrictive behavior. In Korea’s Electronic Finance Law,it not only did not recognize highly volatile deposit payments such as cryptocurrencies, but it also needed the government approval for them to enter into the electronic finance industry. Under current circumstances, the Korean authorities would never allow them to enter into the electronic financial industry. On the other hand, industry officials stated that there was no relevant legal basis for the prohibition of ICO in Korea, but financial authorities responded that the existing legal system has been qualified to prohibit ICO projects.
[Bitcoin Cash proponents prepared for the largest block size increase ever] According to the information from Bitcoin.com, the decentralized cryptocurrency Bitcoin Cash and its network would be upgrading at approximately 12:00:00 UTC, May 15, 2018. The method would activate the consensus change. BCH proponents have been pretty excited for the upgrade, to say the least, as the 32MB block size increase would be the largest block size expansion of its kind within the cryptocurrency landscape. The increase would also allow developers to maintain consistent transaction throughputs for the billions of people living in the world, alongside on-chain fees anyone from any developing nation could afford. Using today’s statistics, BTC is more than 10.73X more expensive to transact with than BCH. Next month’s Bitcoin Cash 32MB block size increase would allow enough rooms for transactions for years to come.
The opening price of Riot Blockchain’s(NASDAQ:RIOT) share on April 24th was 6.55 dollars. The highest value was of 7.655 dollars and the lowest value was of 6.6401 dollars. During the trading period, total trade volumes have reached 1451264 shares and the 50 days’ average trading value has been of 1312482 shares. On April 24th the Riot Blockchain’s share closed at 7.58, 15.73% higher than the previous day.
[The main network of Bytom was released on April 24th] After ten months of development and testing, the main network-1.0.0 "Intel" of Bytom was released on April 24, Beijing time 14:00(2AM EST April 24) was formally launched. The price of Bytom unusual fluctuated in prices before and after this information, and showed the effect of “buying when the message released and selling when the massage became facts".
[EOS Wenzhou would definitely not road show, the amount of investment in EOS supernode competition in the future has been unknown] According to Chainhoo, EOS dinner sponsor Mr.Dao said that not long ago at a meeting dubbed "EOS dinner", some people bought 200 million EOSs during the meeting and the total number of EOSs purchased in this dinner was more than 6 billion. EOS Wenzhou has invested hundreds of millions yuan(tens of millions dollars) in participating in super node campaigns. How much would be invested in the future has been unknown. The next step of EOS Wenzhou would not be the road show. The force point would still be at the technical level. Because EOS super node competition had strong technical standards, EOS Wenzhou team would work hard regardless of the result.
The opening price of Overstock’s (NASDAQ:OSTK) share on April 24th was 37.05 dollars. The highest value was of 39.20 dollars and the lowest value was of 35.55 dollars. During the trading period, total trade volumes have reached 1985700 shares and the 50 days’ average trading value has been of 2855447 shares. On April 24th the Overstock’s share closed at 35.75, 3.51% lower than the previous day.
[Reddit community: MyEtherWallet was suspected of DNS Hijacking in certain regions of the world] According to the information of Reddit Community News, MyEtherWallet was suspected of DNS hijacking in certain regions of the world. A large number of users who logged in their MyEtherWallet stated a 10 second countdown was shown, and then the balance of their account in the wallet was completely removed. The security team of Slow Mist discovered the address of the attacker's wallet as: 0x1d50588c0aa11959a5c28831ce3dc5f1d3120d29, 0xf203a3b241decafd4bdebbb557070db337d0ad27. At the end of the press time, there were a total of 524 ETHs stolen.