During the May Day holiday

Have you reunited with your family?

Have you eaten and drunk enough?

Have you spent a romantic time with your ideal partner?

Have you watched the “old and new waves” of Bilibili?

None at all?!

How is that possible? It’s in my circle of friends.

Next, Miss Gyro will report to you

A quick overview of blockchain hot spots during the May Day holiday

"Bitcoin computing power soars, and discussion on Bitcoin halving heats up"

BTC mining difficulty increased by 0.92% to 16.10T

At 12:00 Beijing time on May 5, the difficulty of BTC mining increased by 0.92% to 16.10 T (block height 628992).

Some analysts pointed out that miners are competing for the 12.5 BTC reward block before the halving.

According to Glassnode data, on May 3, Bitcoin's hashrate briefly soared to more than 142 EH/s, setting a new high for the 24-hour SMA moving average, indicating that as the halving approaches, more and more miners are participating. Currently, more than half of the hashrate is distributed in four mining pools: F2Pool, Pooling, BTC.com, and AntPool. The increase in hashrate indicates that the network is secure and prevents 51% attacks. Prices rise exponentially with hashrate, and as BTC has been testing $10,000 in the past few days, miners are frantically competing for the last reward block of 12.5 BTC.

Google Trends searches for "Bitcoin halving" quadrupled before the 2016 halving

According to BeInCrypt, data from Google Trends shows that the current search volume for "bitcoin halving" is four times that of before the halving in 2016. In the past few weeks, the search volume for Bitcoin halving has been steadily climbing. At the same time, there has been a peak in on-chain activity, resulting in a significant increase in transaction fees.

Research report: Antminer S9 currently provides 23% of the computing power

Coin Metrics research report found that Bitmain's Antminer S9 mining machine contributed about 23% of the Bitcoin network's computing power. In 2018, the S9 contributed 78% of the total network computing power, when the mining machine was the best-selling product on the market. However, since then, the number has gradually declined, while the computing power share of other mining machines has begun to rise. (The Block)

「Ethereum Weekly Report: Ethereum reaches block height 10,000,000」

Ethereum 2.0 multi-client test network Schlesi mined the first test block

On April 30, the Ethereum 2.0 multi-client testnet Schlesi mined its first test block today. According to previous news, Schlesi is the first multi-client testnet that the Ethereum community has welcomed after the Eth2.0 client team Prysmatic Labs recently released the first single-client testnet Topaz with the Eth2.0 phase 0 mainnet configuration.

Ethereum reaches block height 10,000,000

Data from the Tokenview block browser shows that on May 4, the Ethereum block height reached 10,000,000, which was mined by the Ethermine mining pool.

Top 10 whale addresses hold 17% of Ethereum supply

According to Nulltx, Metacartel Ventures partner Adam Cochran conducted an independent audit of the top 10,000 Ethereum whale wallet addresses. The data showed that the top 10,000 addresses held a total value of more than 91.7 million Ethereum, which accounts for 17% of the Ethereum supply in the market today.

"Market data: USDT has been issued multiple times, and CME futures open interest has reached a new high this year"

Tokenview: Tether printed 582 million USDT in the past week

According to Tokenview stablecoin data, as of 14:00 on May 4, the current USDT circulation on the chain is about 8.607 billion. In the past week, Tether has newly printed 582 million USDT. 549 million USDT was newly issued through Tether Treasury, and the Treasury address has a balance of 197 million USDT that has not yet been issued.

Stablecoin transaction volume in March reached nearly $10 billion, a record high

In recent months, the cryptocurrency market has seen an unprecedented increase in demand for stablecoins. Since February 5 this year, the total stablecoin supply has increased from US$5.68 billion to US$9.62 billion, an increase of 69.4%. It is not clear whether the new supply comes from new demand or users want to convert existing cryptocurrencies into stablecoins. Tether remains the most popular stablecoin by far, accounting for more than 84% of the entire stablecoin supply, while USDC and PAX account for 7.4% and 2.6% respectively. In addition, in March this year, the adjusted stablecoin trading volume was close to US$10 billion, a record high, and April's performance was second only to March. (The Block)

CME Bitcoin futures open interest hits $339 million, a new high for the year

CME’s Bitcoin futures open interest hit a new yearly high, climbing all the way to $339 million in 10 months. According to the latest chart from analytics platform Skew, on February 14, BTC futures open interest rose to a previous all-time high of $338 million. Since then, the figure has begun to decline, falling to $107 million a month later. Since the market crash in March, CME’s open interest has increased by 216.8%.

"Dispute: BitShares' largest gateway is about to be closed, Xindong Changdian dispute"

Openledger DEX, the largest gateway of BitShares, will be closed on May 15

The largest gateway of BitShares, Openledger DEX, will be closed on May 15, 2020 and will no longer provide services. Openledger is the largest gateway on BitShares, operated by a Danish company. Users can recharge EOS to the Openledger gateway, and Openledger will give the same OPEN.EOS, which can be traded on the BitShares decentralized exchange. The gateway can realize the exchange of tokens on the exchange and realize the trading of any asset on BitShares.

According to the Openledger announcement, its operations have been in trouble due to a lack of funds and users, market competition pressure, and legal and technical issues. In addition, the recent COVID-19 epidemic has led the team to decide to close the exchange indefinitely. However, so far, the exchange has not given a clear asset return plan and date.

Innominex claims RMB 170 million from A-share listed company Changdian Technology; Changdian claims Innominex defaults on its debt

Recently, the mining machine company Innosilicon filed a lawsuit against Changdian Technology, an A-share listed company and China's leading chip packaging company, claiming 25 million US dollars, equivalent to about 174 million RMB. Changdian Technology received the "Notice of Response" on April 30. Innosilicon said that Changdian provided chip packaging services to Innosilicon. Due to the unqualified packaging quality, the chip could not work properly, causing a total loss of 25 million US dollars. Changdian said that at the end of March 2018, Innosilicon should have paid 8 million US dollars in testing fees and 13.25 million US dollars in June, but Innosilicon refused to pay due to unqualified quality. In response, Changdian Technology said that it would safeguard its rights and interests in accordance with the law and resolutely resist commercial fraud. "Industry Information: Blockchain technology and development opportunities have received attention" The European Central Bank maintained the three key interest rates unchanged. The European Central Bank announced the interest rate resolution and maintained the three key interest rates unchanged. The conditions for the third round of targeted long-term refinancing operations (TLTRO) will continue to be relaxed. In addition, the European Central Bank also stated that it will increase the asset purchase scale by an additional 20 billion euros per month this year. The European Central Bank confirmed the size of its emergency anti-epidemic bond purchase program (PEPP) to be 750 billion euros, and the emergency anti-epidemic bond purchase program (PEPP) will last until the end of 2020.

The biweekly consultation symposium of the CPPCC National Committee: It is recommended to strengthen the research of key core technologies such as blockchain. On April 30, the 35th biweekly consultation symposium of the 13th CPPCC National Committee was held in Beijing. The members suggested that we should strengthen the top-level design around the strategic layout of my country's industrial development, accelerate the development of industrial Internet in aerospace, high-speed rail transportation, new generation communications, high-end CNC machine tools, new energy vehicles, robots, artificial intelligence and other fields, and promote the cross-border integration of manufacturing and service industries.

We must vigorously improve the level of independent research and development, and strengthen the research and development of key core technologies such as edge computing, big data, blockchain, and operating systems. We must encourage enterprises of all types of ownership to participate in the construction of new infrastructure such as 5G and big data centers, build an open and unified industrial equipment communication standard system, promote the free flow and open sharing of data between enterprises, industries, and sectors, and effectively solve the difficulties of industrial equipment interconnection and "data islands". (Economic Daily)

Li Lihui: It is necessary to further improve the implementation path of my country's legal digital currency

On May 1, Li Lihui, head of the blockchain research working group of the China Internet Finance Association and former president of the Bank of China, published an article titled "What subversive potential does Libra have?" The article stated that judging from the current progress, Libra is likely to be approved. What we should pay attention to is that Libra may have enough potential to fundamentally reconstruct the global monetary system: transcending national sovereignty, usurping central banks, and transcending commercial banks. First, it may impact the status of sovereign currencies. Second, it may reshape the status of monetary hegemony. Third, it may form a financial system that transcends commercial banks. Fourth, it may affect the process of RMB internationalization.

Digital currency is likely to reconstruct the financial model and monetary system. This is a real challenge and an opportunity for the future. my country should base itself on the healthy development of digital finance, accelerate the construction of digital financial systems, and speed up the formulation of digital financial systems such as blockchain financial supervision, digital asset market supervision, digital currency supervision, and legal digital currency issuance. Overall planning and gradually establish a digital trust mechanism. Digital currency occupies a core position in the future global digital economic competition. It is necessary to speed up the study of feasible paths and implementation plans for issuing a global digital currency led by China. It is necessary to further improve the implementation path of my country's legal digital currency, including the selection of alternative ranges, offline operation technology, etc.

Hainan's "Free Port" legislation may enhance blockchain and financial technology investment opportunities

The 17th session of the 13th National People's Congress Standing Committee voted on April 29 to approve the decision of the National People's Congress Standing Committee to authorize the State Council to temporarily adjust the application of relevant laws and regulations in the China (Hainan) Pilot Free Trade Zone. Legislation for Hainan's "free port" may mean that Hainan's free port will be extremely open and may become an "independent customs zone". It also means that Hainan may receive "special policies" that will be stronger than the previous special zones and new areas.

Relevant experts believe that in addition to the continued upgrading of trade and investment liberalization, Hainan's fiscal and financial fields are expected to become policy focus points, including the expansion of duty-free, tax and fee reductions, and RMB internationalization. In terms of high-tech industries, Hainan Province has a large space for the development of high-tech industries, and policy support is gradually becoming clear. Modern service industries that rely on the development of entities, such as smart Internet of Things, digital trade, blockchain, financial technology, marine technology, and modern agriculture, should be paid long-term attention. (Interactive Hainan)