Daily View | Saturday August 14

The following content is organized and provided by PlatONWorld for the purpose of spreading more information and has nothing to do with PlatONWorld’s position. The content is from a third-party platform, and the accuracy, authenticity, completeness, validity, and real-time nature of the information are not guaranteed.

【LAT】

Total issuance	Circulation	Pledge rate	Total pledge	Number of addresses
10,250,000,000	160,380,000	31.82%	1,166,776,639.18	42,542

Data source: https://scan.platon.network/

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.2000	0.1899	5,612,683
BTC/USDT	47898.87	44503.12	17,118
ETH/USDT	3327.72	3065.34	362,868

Data source: Huobi Exchange

【10 days node data】

2021	Active	Candidate	Exiting	Exited
August 14	201	27	11	86
August 13	201	27	12	85
August 12	201	27	12	85
August 11	201	28	11	85
August 10	201	28	12	84
August 09	201	28	12	84
August 08	201	28	12	84
August 07	201	34	12	78
August 06	201	34	12	78
August 05	201	34	12	78

Data source: https://scan.platon.network/

【Industry News】

Intel bought more than 3,000 Coinbase shares in the second quarter

According to a report by Barron’s on August 13, Intel’s institutional investment manager submitted a quarterly report to the US Securities and Exchange Commission that Intel bought 3,014 Coinbase shares for $763,000. According to reports, Intel appears to have purchased these stocks in the second quarter ended June 26. Prior to this, the company did not announce its holdings of these stocks. Considering Intel’s total market value of approximately US$216 billion, the size of this purchase may seem small, but this represents the world’s largest semiconductor chip manufacturer’s first meaningful investment in the field of cryptocurrency.

Bloomberg: The U.S. Treasury Department is preparing guidelines for defining cryptocurrency brokers

According to Bloomberg News on August 14, the U.S. Treasury Department is preparing a guide that will clarify that only cryptocurrency companies considered to be brokers need to comply with the proposed IRS reporting requirements in an attempt to calm people’s taxation on crypto. Concerns that the rules are too broad. A U.S. Treasury Department official stated that other types of companies that play a key role in this nearly $2 trillion cryptocurrency market will not have any new requirements, as long as they do not act as brokers at the same time. The official said that the Ministry of Finance’s guidelines will not grant full exemptions based on the company’s own defined status, but rather focus on whether its activities meet the qualifications of a broker under the tax law. According to reports, the guidance may be announced as early as next week. Ultimately, the number of companies affected by the new reporting rules will depend on the strength of the IRS’s implementation of the Ministry of Finance’s guidance.