Daily View | Saturday August 20

The following contents are organized and provided by PlatONWorld to spread more information and not represent the position of PlatONWorld. The contents are from third-party platforms, 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
10,506,250,000	2,857,050,000	30.17%	1,466,603,560.10	202,635

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

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.0108	0.0086	1,213,088
BTC/USDT	22831.07	20789.48	14,699
ETH/USDT	1828.16	1603.01	126,643

Data source: Huobi Exchange

【10 days node data】

2022	Active	Candidate	Exiting	Exited
Aug 20	201	15	5	163
Aug 19	201	17	3	163
Aug 18	201	17	3	163
Aug 17	201	17	3	163
Aug 16	201	17	5	161
Aug 15	201	17	5	161
Aug 14	201	17	5	161
Aug 13	201	17	5	161
Aug 12	201	17	5	161
Aug 11	201	16	5	161

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

【Industry News】

CFTC commissioner: need to enhance education and outreach to investors related to digital assets

Golden Finance reports that U.S. Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson emphasized the importance of investor education and outreach during a recent roundtable discussion on digital assets. She said during the recent roundtable discussion that as the digital asset market grows and faces a downturn, the CFTC sees a need for increased investor education and outreach. according to Johnson, “We must strengthen investor education and outreach to empower consumers while combating illegal activity and maintaining the integrity and stability of our financial markets .” (The Block)

Celsius CFO: Company may have enough cash to support operations through the end of the year

Golden Finance reports that Celsius Network Chief Financial Officer Chris Ferraro said Friday at a bankruptcy hearing with creditors that the company may now have enough money to fund its operations until the end of the year.Ferraro said the additional funding comes from a $61 million loan to crypto exchange Bitfinex, which is due to mature in the next few weeks. Those loans are set to mature in the coming weeks. In addition, Celsius has saved about $20 million in sales and use taxes on mining equipment purchases, Ferraro said, adding that Celsius has frozen all activity on its retail loans, including not requiring customers to pay interest on the loans and not liquidating them. And it expects to be cash flow positive by early 2023. Celsius had previously estimated it would run out of cash by the end of October, according to court documents filed Monday by Kirkland & Ellis, the law firm presiding over Celsius’ restructuring plan, and court filings earlier this week also showed the company’s cash flow was largely negative.