Daily View | Friday November 19

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	2,247,330,000	26.28%	1,218,403,887.68	60,560

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

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.2100	0.1795	75,156,642
BTC/USDT	60744.13	56475.21	16,860
ETH/USDT	4344.60	3957.02	170,580

Data source: Huobi Exchange

【10 days node data】

2021	Active	Candidate	Exiting	Exited
November 19	201	16	7	117
November 18	201	16	7	117
November 17	201	15	7	117
November 16	201	15	7	117
November 15	201	14	7	117
November 14	201	14	7	117
November 13	201	14	8	116
November 12	201	14	8	116
November 11	201	14	8	116
November 10	201	13	8	116

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

【Industry News】

5G is the infrastructure of the “meta universe” concept

According to news on November 18, regarding the investment strategy of the TMT industry in 2022, Wu Chao, the director of the China Securities Investment Research Institute and the chief analyst of TMT, said that 5G applications are gradually approaching, and localization is from zero to one. The future development of 5G applications is huge. Based on the capital expenditure of about 1 trillion or more in the Chinese market, the future business model innovation of 5G application extension will bring more than trillions of market opportunities. In terms of the industrial chain, 5G will have more applications in the To B field in the future. In addition, 5G is the infrastructure of the “meta universe” concept, and is a bridge connecting the real world with the virtual world.

South Korea’s National Assembly proposes a bill on the virtual currency industry, requiring companies to conduct stricter scrutiny on crypto transactions

On November 18th, the South Korean Congress proposed a bill on the virtual currency industry that will require stricter review of virtual currency transactions by companies. The bill is called “Know-the-sender” (KTS) and requires knowledge of the identity of the sender of cryptocurrency. Some lawmakers believe that this will only stifle growth and innovation in the encryption field. The bill became the subject of intense debate in the South Korean parliament, and legislators and some blockchain industry experts put forward arguments against the bill becoming law to the parliamentary political affairs committee. Lawyer Yoon Jong-soo believes that as digital currencies become more and more popular, it will become more difficult or even more expensive to verify the identity of the sender, and companies have to bear the burden of additional costs.