● The total market value and trading volume of ‘lottery and How to find it’ both decreased this week

　　● The inflation rate of Ethereum rises, exceeding V God’s expectations

　　● Zhao Changpeng: Blockchain and cryptocurrencies will not disappear, and there will be more practitioners

　　● The China Banking and Insurance Regulatory Commission and other five departments issue a risk alert on the prevention of illegal fund-raising in the name of ‘Online casino and How to find it’ and ‘blockchain’

　　● Zhao Yao of the Chinese Academy of Social Sciences: Trading in ‘lottery and How to find it’ is difficult to detect and intercept by banks and non-bank payment institutions

　　1. Market Trend

　　This week (August 20-26), the market remained generally weak with a decrease in trading volume. Due to Bitcoin’s relatively strong resilience and a slight rebound, its market value share continued to rise; while Ethereum performed poorly this week and experienced a decline, leading to a continued decline in its market value share. Although small-cap cryptocurrencies showed an oversold rebound this week, their impact on the overall market was relatively small, and optimism was hard to come by.

　　One Block Coin believes that domestic policies are becoming stricter, and relevant regulations have been issued one after another this week. Large-scale network platforms have also begun to implement control measures. In the short term, the market may have some concerns and trading will be more cautious. However, in the long run, targeted打击 of false pyramid schemes by regulators is conducive to the development of truly valuable projects.

　　2. Total market value of digital assets

　　This week, according to CoinMarketCap data, as of August 26, 2018, the market value of global blockchain assets was $213.256 billion, down $23.25 billion from last week; 24-hour trading volume was $9.44 billion, down $18.48 billion from last week.

　　3. Market value proportion of digital assets

　　This week, according to CoinMarketCap data, as of August 26, 2018, the top three in terms of market value of global blockchain assets are Bitcoin 53.79%, Ethereum 13.04%, and Ripple 5.99%. Since this week, the proportion of Bitcoin has increased by 2.49%, the proportion of Ethereum has decreased by 1.18%, and the proportion of Ripple has decreased by 0.31%.

　　4. Weekly gain/loss and top 5

　　This week, according to CoinMarketCap data, as of August 26, 2018, the global blockchain asset with the largest increase in value is B2BX (B2B), with a 7-day increase of 174.93% and a price of 2.40 yuan; the largest decrease is in ETERNAL TOKEN (XET), with a 7-day decrease of 52.68% and a price of 3.21 yuan.

　　1. Exchange Dynamics

　　OKEX

　　● OKEx users must undergo identity verification, effective August 28th　

　　On August 24th, OKEx announced that users must undergo identity verification before depositing coins on OKEx, and as long as the identity verification level is greater than or equal to level 1, they can proceed with the deposit:online lottery online online casino，come on baby

　　① Users who have not undergone identity verification have a deposit limit of 0;

　　② Identity verification level 1 corresponds to a deposit limit of 2BTC (24h);

　　③ Identity verification levels 2 and 3 correspond to a deposit limit of 100BTC (24h), which can be increased according to the trading volume level.

　　The effective time for the identity verification requirement for depositing coins is 14:00 on August 28th.

　　●OKEx joins SharesPost to accelerate global layout

　　On August 21st, OKEx joined SharesPost, leveraging the global liquidity and settlement system GLASS to accelerate its global layout. According to GlobeNewswire, SharesPost, a private equity liquidity solutions provider, announced that OKEx will join the global liquidity and settlement system network GLASS to accelerate its global layout. With the help of this system, OKEx will be able to access investors in the United States and other crypto trading markets, and can integrate and consolidate trading orders with other exchanges through GLASS.

　　●OKEX releases the weekly progress report of the Open Win-Win Plan

　　8月24日消息，OKEX 24日发布开放共赢计划周进度报告。报告显示，OKEX开放共赢交易所已有7家上线，其中2家本周上线；66家进入排期中，其中30家等待上线。

　　火币

　　●火币OTC发布积分制度

　　8月23日，火币OTC发布《认证商家积分试行制度》。初始分数为100分，每扣除超过20分，需冻结账号1天；扣分后，如果维持此分数30天不变，则分数可以恢复100分；若总分数不足60分，则取消认证商家资格。

　　币安

　　●Binance Labs孵化计划即将启动

　　8月22日，据币安官方公告，币安即将启动Binance Labs孵化计划，将进行为期10周的现场路演评选，帮助一些初创团队输出符合市场需求的产品或服务。

　　Fcoin

　　●FCoin对QOS、GU项目分别补偿0.5893亿、0.3845亿FT

　　8月22日，依据关于参与QOS配售的补偿计划公告及关于参与GU配售的补偿计划公告的要求，FCoin对统计完成后的补偿金额如下：QOS项目共计补偿 58935359.98920546FT；GU项目共计补偿 38454257.2156219 FT； 以上补偿资金来自平台自身通过回购而持有的FT，补偿对象是所有持F码参与项目配售的社区用户。预计于未来两周内，完成补偿FT的发放。

　　2、币种动态

　　●Fomo3D第一轮结束 获奖者回报超万倍

　　据PeckShield数据监测中心显示，备受瞩目的Fomo3D游戏第一轮结束，10,469个ETH被斩获，地址：

　　0xa169DF5ED3363cfC4c92ac96C6C5f2A42fCCBF85。据了解，该用户于8月15日开始投注，每次投注金额约为一个Key的价钱 ，截至获得大奖，共计投入了0.8个ETH，投资回报率超13,000倍。

　　●Tether地址向Bitfinex转入1亿枚USDT

　　8月22日，Tether核心钱包地址之一Tether Treasury一次性单向转入了1亿枚USDT至Bitfinex钱包地址。8月12日至22日，Tether Treasury累计转入4.15亿枚USDT至Bitfinex钱包，约占目前USDT总量的13.74%。且近十个交易日内的转账均为Tether单向转入Bitfinex，且截至目前Bitfinex并未转回USDT至Tether Treasury钱包。

　　ZRX code updates ranked first

　　On August 24th, ZRX ranked first in GitHub code updates. According to cryptomiso data, the top ten GitHub code submission updates in the past 90 days are ZRX, ELF, RHOC, ZSC, TRX, XMX, REN, RDN, NLG, and ADA.　

　　Ethereum’s inflation rate is rising, exceeding Vitalik’s forecast

　　According to Vitalik’s forecast, by November this year, the total supply of Ethereum should be 95,912,556. However, according to statistics, the total supply of Ethereum has now reached 101,481,699, which is 5,569,143 more than Vitalik’s forecast, or about 15 billion US dollars more.

　　Vitalik Buterin had previously stated that block 5,500,000 would be mined more than a century later, in 2128, at which time the supply of Ethereum should be 101,212,556. However, now the block height of Ethereum has reached 6,193,065.

　　8 EOS nodes are required to undergo arbitration

　　On August 25th, according to the news from Gravity Observation, Ben Sigman from shEOS received support from other 23 EOS nodes and filed an arbitration request, namely, to arbitrate 8 EOS nodes that did not comply with the regproducer protocol. These 8 EOS nodes do not have public nodes, most of them do not have websites, do not disclose ownership information, and do not communicate with other EOS nodes. In addition, these nodes still received Token rewards from the EOS main network.

　　3. Hot Figures

　　Xu Mingxing: All the great gods are busy, ultimately destroying the industry

　　On August 24th, in response to the news ‘CBRC: Prevent illegal fund-raising in the name of ‘Online casino and How to find it’ and ‘Blockchain’, Xu Mingxing, the founder of OKcoin, posted on his WeChat Moments: ‘Clear rules and bottom lines, industry self-discipline, blockchain can only develop healthily. All the great gods, our partners are busy with coin reform and daily operations, ultimately destroying the industry.

　　Zhao Changpeng: Blockchain and cryptocurrencies will not disappear

　　Zhao Changpeng, in his social media, said in response to the significant decline in the total market value of most currencies since the beginning of this year: ‘Don’t worry, considering the mainstream media’s coverage of the event, I believe this cycle should end soon. Blockchain and cryptocurrencies will not disappear, except for those speculators who will return to the market, more and more people will adopt blockchain and cryptocurrencies.

　　Jiang Zhuo’er: This round of adjustment will take at least 1 year

　　On August 23rd, Jiang Zhuo’er, the founder of L比特 mining pool, said at a conference that as the output of Bitcoin is constant, there will be no output even if no one mines, so it is difficult to have the situation of factory production reduction, supply and demand balance, and price recovery as in traditional economy.

　　Jiang Zhuo’er also believes that most bear markets are not caused by external factors such as policies, but are created by bull markets. In bull markets, the funds are too enthusiastic, which inevitably leads to adjustments. The recent market crash is due to a bull market that increased by 100 times earlier. This rise and fall also conforms to the law of capital flow. After the 2017 surge, Bitcoin at least needs to adjust for one year.

　　● Chen Weixing: Scammers exploit people’s speculative psychology to defraud money
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　　On August 24, Chen Weixing posted on Weibo stating: ‘The Internet is the information superhighway, and blockchain is the value superhighway. The former is used to create the value of information, and the latter is used to reduce the cost of all value exchanges. On the blockchain, a string of encrypted data represents value, which can be called a coin, token, certificate, or any name that everyone can remember and understand.

　　The issue is not whether there is such a coin, token, or certificate, but whether scammers fabricate these values and defraud people’s money by exploiting their speculative psychology. Their evil behavior is not new and can be regulated to prevent people from doing evil or less evil, and to incentivize the creation of correct values.

　　1. Policy News

　　● Five departments issue a risk alert on preventing illegal fund-raising in the name of ‘Online casino and How to find it’ and ‘blockchain’

　　On August 24, the China Banking and Insurance Regulatory Commission and other five departments issued a risk alert on preventing illegal fund-raising in the name of ‘Online casino and How to find it’ and ‘blockchain’. The China Banking and Insurance Regulatory Commission, the Central Cyberspace Administration, the Ministry of Public Security, the People’s Bank of China, and the State Administration for Market Regulation remind that recently, some illegal elements have used the banners of ‘financial innovation’ and ‘blockchain’ to raise funds through the issuance of so-called ‘Online casino and How to find it’, ‘virtual assets’, and ‘digital assets’, infringing upon the legitimate rights and interests of the public. These activities are not truly based on blockchain technology but are speculating on the blockchain concept for illegal fund-raising, pyramid schemes, and fraud. The main characteristics are as follows: these activities use ‘financial innovation’ as a hook, which is essentially a Ponzi scheme that is difficult to sustain in the long run.

　　The general public is requested to rationally view blockchain and not to blindly believe in exaggerated promises. Establish correct concepts of currency and investment, and improve risk awareness. For any clues of illegal activities, actively report to relevant departments.

　　Chaoyang District, Beijing, prohibits the organization of virtual currency promotion activities

　　The Office of the Leading Group for Financial and Social Risk Prevention and Control in Chaoyang District, Beijing, issued the Notice on Prohibiting the Organization of Activities Promoting Virtual Currency on August 22, requiring that all shopping malls, hotels, inns, office buildings, and other places must not organize any activities promoting Online casino and How to find it.

　　In response, a person close to the financial administration office of another regional area in Beijing said, ‘Encourage blockchain, but oppose Online casino and How to find it. Some promotional activities for Online casino and How to find it are even using the name of blockchain.’

　　● U.S. SEC reconsideration of the 9 Bitcoin ETFs rejected on 23rd

　　According to a message from coindesk on August 24, the U.S. Securities and Exchange Commission (SEC) said it would ‘reconsider’ the rejection order issued on 23rd to 9 proposals for Bitcoin ETFs. This message was announced by Commissioner Hester Peirce, who had expressed dissatisfaction when the SEC again rejected the Bitcoin ETF proposed by the founder of Gemini exchange last month.

　　2. Authoritative Viewpoints

　　● Economic Daily editorial: The supervision of ICO will be more stringent, and it will continue to drive out bad money

　　The Economic Daily expressed that ICO has the functions of crowdfunding and capital fundraising, and if allowed to develop freely, it has great potential risks. Many projects without prospects, even some projects themselves are deceptive traps, not only bear huge risks for investors, but also cause many complaints from genuine blockchain entrepreneurial teams, actually causing the adverse consequences of bad money driving out good money.

　　The strong supervision by the government departments is a good thing for the blockchain industry. By governing ICO, driving out digital bad money, it can make the development of blockchain more stable. It is expected that China’s supervision of ICO will be even stricter in the future.

　　● Zhao Ya of the Chinese Academy of Social Sciences: It is difficult for the lottery and How to find it transactions to be detected and intercepted by banks and non-bank payment institutions

　　Zhao Ya, a special researcher at the Payment and Clearing Research Center of the Institute of Finance, Chinese Academy of Social Sciences, said, ‘This is not a new policy. It has been emphasized in this way since the joint notice of the five ministries and commissions in 2013 to the ’94 policy’ in 2017.’ Zhao Ya believes that although it does not belong to a new policy, in fact, users can still make transactions through bank transfers and non-bank payments. Many centralized trading platforms and offline transaction matching platforms abroad offer such services, and both parties can choose various payment methods and use various legal currencies to buy and sell Online casino and How to find it.

　　Zhao Ya said, ‘This is mainly a technical issue, it is difficult for banks and non-bank payment institutions to accurately judge which transfers and payments are related to the lottery and How to find it, especially for offline transactions between individuals, which are even more difficult to detect and intercept by banks and non-bank payment institutions.’

　　Disclaimer: The content of this report is for reference only and does not constitute specific investment advice. Investors shall bear the risks of their own operations.