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DYDX's transaction volume has reached 440 million U.S.
According to CoinGecko data, so far, DYDX’s entire network transaction volume has reached 440 million U.S. dollars, and Huobi Global ranks first with 120 million U.S. dollars in transaction volume.
DYDX officially lifted the transfer restrictions on the governance token DYDX at 23:00 on September 8.
DYDX is a decentralized perpetual contract exchange based on the second-tier Ethereum protocol Starkware. Unlike the DEX of the AMM model, DYDX adopts the order book model.
In August of this year, the total trading volume of DYDX derivatives reached 9.8 billion U.S. dollars. Prior to this, DYDX has received multiple rounds of financing, with a total of more than 95 million US dollars. Investors include a16z, 3AC, paradigm, Polychain Capital, and Brian Armstrong (Co-founder and CEO of CoinBase).
The Chivo system of the Bitcoin wallet will be disconnected
[President of El Salvador: The Chivo system of the Bitcoin wallet will be disconnected from 1 am to 6 am local time for adjustment] Babbitt News, on September 9, the President of El Salvador, Nayib Bukele, tweeted that it will be from 1 am to 6 am local time Click Disconnect the Chivo system of the Bitcoin wallet to make adjustments.
Prior to the failure of Chivo, in order to better serve users, Bukele collected from users the problems encountered during use.
Blockchain produced 441 BTC in August
[Data: Riot Blockchain produced 441 BTC in August, an increase of about 451% compared to last year] On September 9th, Riot Blockchain, a Nasdaq-listed mining company, released its August production and operation update, including its August 2021 Audited Bitcoin output and its miner deployment status.
It is reported that in August 2021, Riot produced a total of 441 BTC, an increase of approximately 451% from the 80 BTC produced in August last year.
The whole month of August, the company has produced a total of 2,051 BTC, an increase of approximately 221% over the output of 639 BTC in the same period in 2020.
Till August 31, 2021, Riot holds approximately 3128 BTC. In addition, the company currently deploys about 22,050 mining machines with a hash rate of 2.2 EH/s.
Leaving the dollar system is a dead
the founder of Zhibao, Mikko, commented that “the Bitcoin experiment in El Salvador will definitely fail” , El Salvador’s reform method is wrong.
Bitcoin should not be circulated directly as currency, but should be used as a reserve asset, although it is still denominated in U.S. dollars as a reserve asset.
Leaving the dollar system is a dead end in his opinion.