曹晶 · 8

Are Chinese University of Science and Technology+Shibata's college bullies and money industry bosses running away from New York?

Another exchange in the coin industry is about to disappear. AscendEX (Pinnacle, formerly BitMax) ceased operations. According to AscendEX's official website announcement, the platform will completely stop all business operations from July 1, 2026 — it will no longer provide account opening, deposit, trading, pledge, loan and activity services, and will only retain limited account access to handle withdrawals, KYC updates, complaints and export transaction records. Since July 6, all withdrawal channels have been automatically processed, and all have been reviewed manually. The official even bluntly stated in the announcement: “Withdrawals may be delayed or may not be processed during the review period. There is currently no guarantee on the timing or amount of withdrawals”. AscendEX blamed the shutdown on the “current market environment” and the impact of the European Union's Crypto Asset Market Regulation Act (MiCA), claiming that it was forced to shut down due to a lack of MiCA authorization combined with “broader regulatory, financial, and operational factors.” ZachXBT serial warning: From “withdrawal delays” to “almost zero liquid assets” as early as June 26, 2026, on-chain detective ZachXBT issued a community alert on the X platform: several AscendEX users reported that withdrawals were delayed for several days to weeks, or even impossible to process at all. Judging from feedback from communities such as Reddit and X, starting in early June, many users will stay in the “Initiating” (initiating) state for a long time after submitting their withdrawal requests. The problem seems to have come to an end as early as May. An AscendEX user told Bitpush: “My withdrawals have been restricted since May 6th, long before AscendEX's official shutdown announcement. AscendEX asked me to stop my public activity and notified me to enter a phased settlement process on June 12. On June 24, they authorized the first settlement withdrawal, but then the withdrawal was marked “Rejected” without any TXID. This isn't just a MiCA issue. ” The user claims that there are still 34,174 USDT + 25,592 XRP that have not been settled or withdrawn. After reviewing AscendEX's known hot wallets, ZachXBT found that the platform had almost no reserves on mainstream assets such as ETH, USDT, and SOL. Blockchain data platform Arkham Intelligence shows that currently (as of July 8, EST), AscendEX label addresses only hold about $13.45 million in crypto assets, of which more than $12 million is concentrated in the platform's own ASD token and Unbound Science's Unite token. To put it bluntly, there are almost zero mainstream stablecoins and liquid assets that can actually be used to pay user withdrawals. However, while the platform freezes withdrawals, it still accepts user deposits normally. By July 2, the situation had worsened further. ZachXBT revealed that AscendEX's official X account has been suspended for 9 consecutive days since the initial warning. A victim of large sums said he had contacted AscendEX co-founder George Cao several times to report issues and received no response. At the time, ZachXBT publicly advised users whose funds were frozen to report cases to the law enforcement authorities and supervisory authorities in the country or region where they are located. By July 8, ZachXBT stated that its verified user claims had reached millions of dollars, but judging from AscendEX's public hot wallet situation, there is currently almost no current assets available to pay for relevant withdrawal requests. Another detail is worth noting. On-chain records show that on June 20 — six days earlier than ZachXBT's initial warning — the AscendEX wallet balance suddenly crashed, evaporating more than $240 million in a single day. Strangely enough, less than two months ago, the address had a capital injection of about the same size, and since then the reserves have stabilized at around 50 million US dollars. That $240 million capital injection held up the books for a short time, but it was emptied all at once on June 20. This means that the core liquidity of the platform had already been artificially taken away 11 days before the official claim was forced to shut down due to MiCA regulations. Was it an early transfer? Is debt repayment? Or is it the last “retreat” for some? No one knows yet. The only sure thing is: the money is gone. The founding team disputes AscendEX founder George Cao (real name Jing Cao), who has a gorgeous resume. According to Linkedin, Cao Jing has a doctorate degree in computer science from the University of Chicago. He...

45d agoWendy#AscendEX #CEX #Exchanges #Shut down the tide topic #original #Cao Jing #Run away #Zenith #hacks

Interview with Dr. Cao Jing, founder of AscendEX: If the SEC wins the lawsuit, it will hit the crypto industry hard, but the crypto bull market will definitely come

SEC Sues Binance, How Will Coinbase Affect the Crypto Industry? What does this mean for entrepreneurs in the crypto industry? Will the 2025 crypto bull market still arrive as scheduled? At a time when the market is going up and down and people in the crypto industry are fearful, “Comparative” interviewed Dr. Cao Jing, founder of AscendEX. Cao Jing is the founder and CEO of AscendEX, a one-stop cryptocurrency financial services platform. Summit AscendEX is an industry-leading digital currency trading platform that provides efficient investment, trading and financial management solutions for users around the world. Cao Jing founded the quantitative trading fund Delpha Capital Management (Delpha Capital Management) and served as the chief investment executive. Previously, George Cao Jing worked in the New York and London divisions of Barclays Capital (Barclays Capital), respectively, as the Director of Quantitative Investment, and was responsible for quantitative trading of stocks and index products in the US, European and Asian markets. Here's a transcript of the interview: For example, the SEC has sued Binance and Coinbase, and both companies are facing charges of listing unregistered securities. The SEC classified 19 tokens as securities. If the SEC wins, how will it affect the crypto industry? Cao Jing: Gensler said that it takes a lot of work to register and register cryptocurrencies according to the securities method, but it's not impossible. I think after the FTX storm, the SEC made up its mind to steer the entire cryptocurrency market in the direction of compliance. Of course, this has been the case for a long time, but there have always been debates about whether to follow the SEC or the CFTC. Well, it seems like this time they have basically made up their mind to get it from the securities side, so do they have to follow this path? I think in addition to some digital currencies, the remaining cryptocurrencies may have to follow the path of securities if American users want to trade them. Comparative: In other words, is the SEC happy to see a path similar to Wall Street where exchanges, brokerage firms, and clearing agencies are separated? Cao Jing: However, the current difficulty is that the entire system is inadequate. There are parts that can be liquidated and kept. In fact, there are relatively few trading platforms that can be used as brokerage firms, and then there are relatively few currencies. In other words, I think if the SEC wins the lawsuit, it will curb cryptocurrency activity in the US for a long time to come. Analogy: If everything is listed on exchanges in the future, and it is even possible that future projects will all be securities, then will these entrepreneurs have a greater impact on the entire industry? Cao Jing: What we have seen is that many projects in the US are unwilling to continue operating; either they want to find buyers or simply stop operating. These projects have actually raised quite a bit of capital before. If they stop operating or fall out of business, the funds invested in these projects will suffer huge losses. In turn, it will prevent more new money from entering this industry. As long as your project is good enough, it is very easy to raise money in currency. If these projects are defined as securities this time, then for American entrepreneurs, what are the differences from traditional start-ups and listings in the traditional financial industry? Using securities the same way is probably even more troublesome, so why should entrepreneurs do this? Second, for funds that invest in these projects, there will be liquidity problems. If I invest in your project, if you don't go public or don't get listed, how can I withdraw? The reason for this is that funds are unwilling to invest, entrepreneurs are unable to receive capital investment, and are unwilling to do it. Anyway, it will have a big impact on the entire American ecosystem. Comparative: What does this mean for your exchange? Cao Jing: There should be no direct impact on us, because we don't accept US users, but the indirect impact is huge. Because everyone knows that American users are the highest quality users, whether it's the money they trade or their belief in cryptocurrencies, it was previously surveyed that 30% of American adults own cryptocurrencies, so once they don't trade that easily, they may remove some liquidity from the market in the short term, which will make the bear market in the coin industry longer. This is a result we can anticipate in the short term, and then it will make institutional investors more hesitant to enter this market. Comparative: Will the quadrennial bull market come back in 2025? Cao Jing: Institutional investors, especially US institutional investors, after the FTX incident happened, either went bankrupt in batches or stopped additional investment and slowly withdrew. There is also a possibility that the future bull market will be less strong. But the bull market is definitely...

1169d agoWendy#AscendEX #SEC #SEC vs Binance #Cao Jing #Comparative interview #Bull market #custodial #Regulatory topics

Interview with Dr. Cao Jing, founder of BitMax: The cold thinking behind not hitting hot spots and rejecting the bubble, but the initial projects all increased by more than ten times

BitPush conducted an exclusive interview with Dr. Cao Jing, CEO of BitMax Exchange this week. In the interview, Dr. Cao Jing explained the development of crypto trading platforms in recent years, new trends in the crypto finance landscape, and BitMax's products and ideas. BitMax (BTMX.com) is a digital asset trading platform created by Wall Street's senior quantitative trading team. It adheres to the three core values of efficiency, transparency, and prudence, adheres to the brand positioning of “leading the industry with product innovation”, and is committed to providing a wide variety of financial products and related services to institutional and individual customers, and is a leader in the digital asset trading industry. Dr. Cao Jing is the co-founder and CEO of the BitMax (BTMx.com) exchange, a PhD from the University of Chicago. She has worked for Knights Capital and Barclays Bank, and founded the quantitative trading fund Delpha Capital Management (Delpha Capital Management) in New York. He is one of the few entrepreneurs in the cryptocurrency industry with many years of experience in quantitative trading and venture capital on Wall Street. [Interview highlights] “The mechanism of deflation plus dividends is the core of BitMax platform coins. This is where BitMax is different from any other platform currency. BitMax shares the core benefits to our coin holders to the fullest.” “The current value of BTMX in the market is undervalued, but the reasonable price will slowly return. It may be undervalued for a while, but it will always return to normal prices and will not be undervalued forever.” “BitMax's coin listing strategy is small but sophisticated. Listing is the beginning of a cooperative relationship between the project party and the exchange. The exchange needs to know what the project party wants and what best serves the interests of the project party. Of course, the exchange on the project side hopes that the coin can circulate on the exchange, and it is hoped that this coin can reach people who have not reached it before.” “I don't think a project's IEO or no IEO will have any impact on the fundamentals of this project. First, it's just a financing method. The project party is different from the previous public offering to finance through an exchange. Second, it is a market promotion method, which can greatly concentrate the enthusiasm of exchange users.” “I have always believed that in terms of safety, institutional guarantees account for 70% and technical guarantees account for 30%. Many security incidents can be avoided. Of course, exchange security is an eternal topic. The methods of hackers and coin thieves are constantly evolving, and the methods for protecting exchange security are also constantly evolving. I think we should not only guarantee security technically and institutionally, but also evolve accordingly in terms of legislation, data tracking, and transparency, so that we can deal with increasingly rampant security issues.” “I want to say to every cryptocurrency investor or user, every industry has an upward cycle and a downward cycle. But overall, the crypto market has far more regulations than the 2017 mature regulations in terms of regulation, technology, and application.” 'First, investment enthusiasts should always follow the hot spots in the market, and the second is to do their homework. Choose the direction you want to invest in, choose reliable projects, reliable currencies, and reliable exchanges. “[Full text transcript] “Every problem is a business opportunity” compared to Bitpush: We all know that BitMax was established by Wall Street's senior quantitative trading team. From the underlying technology to product design to service concept, it reflects the concept of “leaving Wall Street and upgrading Wall Street”. Let's first ask Dr. Cao to introduce you to the original intention of starting BitMax, the history of the past two years, and the current state of BitMax. Dr. Cao: Before I first founded BitMax, I was always doing quantitative trading in the secondary market. I started watching the cryptocurrency market in 2017, which is quite late. At that time, everyone knew that the entire cryptocurrency market was very popular in 2017. There was a wave of peaks in terms of both currency prices and trading volume. I also paid attention to this situation. There were also large price fluctuations in trading volume, and there were also large price fluctuations. So I started studying it from the perspective of a trader. The results of the study were quite surprising, because the exchanges at the time, including several giants, were at a relatively early stage in terms of system performance, security, and compliance. Not to mention the second- and third-tier exchanges. On the one hand, we are discussing where to trade, and on the other hand, we have written down many areas that we hope the exchange can improve. Later, I felt that among so many questions, every question was a business opportunity. If we started an exchange ourselves, would we do better than them, so we had the idea of doing an exchange, and an interest group would discuss this issue, and the whole idea took shape during the discussion...

2216d agoLiang#BITMAX #cryptocurrency exchange #Cao Jing #Comparative interview

Cao Jing, founder of BitMax: BTMX's dividend in 2019 alone will reach 15 million US dollars. Long-term deflation may lead to an inflection point in history

On the evening of July 21, BitMax's founder Dr. Cao Jing was interviewed in depth. Regarding the platform currency BTMX, Dr. Cao Jing gave the following views: BTMX has two main benefits: one is dividends and the other is deflation; and BitMax is the only exchange that takes both of these benefits to the extreme. BitMax will share all core benefits with coin holders. BitMax places 80% of the daily revenue from spot and leverage in the fund pool and pays dividends to BTMX coin holders every day. In 2019 alone, the dividends reached 15 million USDT. The platform's consumption and consumption of platform coins will be permanently locked up and no longer in circulation. Only 1 BTMX will be released from the private equity quota for every 2 BTMX locked positions. As of 2020, BTMX deflation has reached 22 million units.

2222d agoLiang#BITMAX #crypto exchange #Cao Jing

Founder of BitMax: Our coin listing strategy is less but more sophisticated

At 22:00 Beijing time on Tuesday, Dr. Cao Jing, founder of BitMax, was interviewed exclusively by BitPush (BitPush) media. In an interview, Dr. Cao mentioned that the coin listing service starts from the needs of the project party and formulates an exclusive strategy to serve the project party, the project party's investors, and the project party's trading groups, so as to better serve the trading users of our own exchange and achieve a “triple win”. “BitMax is committed to providing full ecosystem support to the project parties. Taking Orion (ORN), a recent new project, as an example, our trading volume is more than 100 times that of another exchange that was launched at the same time. The reason is that we provide a full range of coin listing services, from issuance, to operation, to activity, to ecological support. This is completely indistinguishable from other exchanges that only perform a single coin listing operation.”

2222d agoLiang#BITMAX #crypto exchange #Cao Jing

From Wall Street to the coin industry, BitMax Cao Jing's journey to find alpha

Sobriety and hard work is Cao Jing's attitude towards working in the coin industry. This seriousness has never changed. February 7, 2020, the eve of the Lantern Festival. Cao Jing, founder of the BitMax exchange, is still very busy. His WeChat account is SeekAlpha. Seek is “seeking,” Alpha is “excess portfolio return,” and it is also the “leader” and “top of the list” in the Greek alphabet. This WeChat name seems to be an abbreviation for Cao Jing: an excellent second-tier market quantitative trading veteran. He has deep insight, courage, and ambition deep into the bone marrow. He is unwilling to be mediocre; he is bound to become a leader. Often living overseas, Cao Jing is used to continuing to work during all traditional seasons. And the 2020 New Year is particularly special — the motherland and compatriots are struggling with the novel coronavirus pneumonia epidemic. Currently, he is not only an overseas Chinese deeply attached to his home country, but also the founder and CEO of BitMax, an industry-leading startup. He personally traveled to the US, South Korea, and Singapore to purchase epidemic prevention supplies such as masks and protective clothing, and sent these supplies domestically: some to Wuhan and surrounding disaster areas; some to BitMax's domestic offices to protect the safety of his colleagues. Two years ago, at this point, Cao Jing switched from the traditional financial industry and founded the BitMax digital asset trading platform. BitMax bucked the trend in the bear market in August 2018, and came out of the ring with a trading model combining “mining+mining”; since then, it has made great strides and successfully stopped mining in September 19; now, on the digital currency exchange circuit, BitMax adheres to the three core values of “efficiency, transparency, and prudence” and the brand positioning of “leading the industry with product innovation”. The operation is smooth, and the system is stable and deeply popular. “Finance is the lifeblood”. Alpha set sail from here in Chicago in the 90s, and has the style of America's largest commercial center and futures market. CBOT, located on La Salle Boulevard, has witnessed the heyday and prosperity of the financial derivatives era. And this is the destination for Cao Jing, who finished her undergraduate studies at the Chinese University of Science and Technology, to further her studies in a foreign country. At the time, Cao Jing was studying for her PhD in computer science at the University of Chicago. According to regular career development, after receiving her doctorate title, Cao Jing will become a programmer at a technology company in Silicon Valley or the Bay Area and become a step-by-step middle class. However, this “at first glance” life did not bear Cao Jing's ambitions. Chicago's financial environment made him realize that finance is a hematopoietic machine for all walks of life, and every piece of data flowing through the blood can unmistakably reveal every aspect of the industry. If you want to better understand the world, or even influence it, finance is the best medium. Compared to sitting in front of a computer struggling with programs all day, Cao Jing consciously enjoyed the hustle and bustle of shopping malls; and his background as a doctor of computer science naturally promoted him to quantitative trading in the financial industry. Just like that, Cao Jing has gone through tough times in the US financial market. He first worked as Portfolio Manager (Portfolio Manager) at Knight Capital Group (Knight Capital Group) to research and manage quantitative trading strategies in the US stock market; then moved to the famous Barclays Capital (Barclays Capital) to be responsible for quantitative trading of stocks and index products in the US, European and Asian markets, and was the quantitative investment director of Barclays Bank of London and Barclays Bank of New York; later, Cao Jing left his job and founded his first quantitative company in New York The trading fund, Delpha Capital Management (Delpha Capital Management), with an annualized return of more than 20%, has a good reputation in the industry, and has truly become the alpha of its own fund. Cao Jing believes that quantitative experience has cultivated his three qualities: First, don't take chances and use data to speak. The essence of quantitative trading strategies is based on historical data, based on mathematical models, and computer technology is used to select various probabilistic profit events from huge historical data to develop trading strategies. Cao Jing is very respectful of data: “When you're used to everything being decided by data, you won't have any imagination or luck with anything. Facts speak louder than words; pragmatism is the only way to succeed.” Second, strong psychological tolerance is the key to a decisive victory. Quantitative traders often manage extremely large amounts of money. The increase or decrease in assets caused by market fluctuations within a short period of time can put tremendous pressure on ordinary individuals. Today, “how to stay sane and calm in both good and bad times, and make the right decisions” has become a very important skill for Cao Jing. Third, make decisions quickly, and hesitation is an obstacle to a decisive victory. “A decision, either forward or backward, all roads can be covered, but don't hesitate...

2364d agody zhang#BITMAX #Wall Street #Coin circle #Cao Jing

Industry Watch | BitMax founder Cao Jing: The pandemic has impacted the data chain business, but provided an opportunity for blockchain+healthcare

“Blockchain+healthcare will be a perfect scenario for technology implementation.” At the beginning of 2020, the novel pneumonia epidemic arrived unexpectedly, which not only threatened the lives, health and safety of people all over the country, but also posed a huge challenge to economic development. The blockchain industry was also unable to stand alone. At the time of the outbreak of the epidemic, the blockchain industry responded positively to the national call to extend the 2020 Spring Festival holiday in due course, while promoting distributed office and delaying offline work hours. In addition, more and more blockchain companies are donating donations to fight the epidemic together. During this special period, Mars Finance (WeChat: hxcj24h) launched the “Industry Watch: China's Blockchain Industry Under the Pandemic” topic to exclusively connect blockchain practitioners to directly address the current state of the industry and discuss coping strategies. This article is the 13th in a series of reports, taken from Dr. Cao Jing, co-founder and CEO of BitMax Exchange. Cao Jing, PhD from the University of Chicago, worked for Knights Capital and Barclays, and founded the quantitative trading fund Delpha Capital Management (Delpha Capital Management) in New York. He is one of the few entrepreneurs in the cryptocurrency industry with years of experience in quantitative trading and venture capital on Wall Street. Mars Finance: What are your company's concerns and problems at the moment of the pandemic? What measures have you taken to address these issues? What new challenges are likely to be faced next within a foreseeable time frame? Cao Jing: BitMax, like the vast majority of internet companies, does more of its business come from online, so compared to traditional industries, it has been less affected by this pandemic. We have advised domestic employees who work from home, especially during the holidays, to quarantine at home and keep their phones open; if they encounter suspicious symptoms, they must report and treat them early. We also provided protective equipment such as masks and some health-care products to strengthen immunity free of charge to employees and families. Currently, BitMax is still testing contract products and preparing for launch. The future epidemic will have some impact on the launch of new products, but compared to everyone's health and safety, these challenges are nothing. As overseas Chinese, in the face of the epidemic, we should work together to overcome difficult times and use our strength to contribute to the health and stability of the motherland people. Mars Finance: As far as the blockchain industry as a whole is concerned, what segments and businesses do you think the pandemic will impact? why? Cao Jing: It may have an impact on some businesses that focus on “data linking.” Over the past few years, we've also learned a bit about projects that focus on blockchain charity or blockchain donation. These projects claim to be able to track the flow of funds and delivery of materials and feedback on the chain. Originally, in addition to donating materials, blockchain companies can shine brightly with these technologies and projects that can break down information silos and achieve transparent data disclosure. Unfortunately, we haven't seen these blockchain projects play their due role during the current pneumonia epidemic. This is still quite unfortunate. Mars Finance: Although the current epidemic has had a huge impact on the offline service industry, it has also indirectly boosted the development of new business formats such as video online conferencing. At the same time, it has had a positive impact on medical care, games, and online education. Specifically in the blockchain field, what opportunities do you think it will generate? Cao Jing: Faced with the novel pneumonia epidemic, BitMax has been actively connecting with overseas suppliers of masks, goggles, protective clothing, and infrared thermometers to use the purchased materials to support Wuhan, the surrounding area of Wuhan and other affected areas. In the support process, we have a deep feeling that blockchain+ healthcare will be an ideal scenario for technology implementation, such as traceability, tracking, and price monitoring of 2B medical drugs and equipment such as protective masks; 2C patients' personal medical records, diagnosis and treatment process, and on-chain tracking and prevention; traceability of donations; public opinion monitoring, rumor discrimination; public data sharing, personal privacy data protection, etc. However, as mentioned in the answer to the previous question, the blockchain industry still needs a lot of effort to implement in this area. However, judging from the duality of the work, this rapid opportunity is indeed quite large. BitMax will also closely exchange and collaborate on related projects in the future, providing strong support in various fields such as incubation, resource docking, technical advice, and global publicity for the best of them. Mars Finance: Affected by emergencies such as wars and epidemics, the start of 2020 was certainly unfavorable, but this does not represent the trend of the whole year. What are your expectations for the development of the blockchain industry this year? What are the predictions for secondary market trends? Cao Jing: Compared to a year or two ago, the current exchange service is more comprehensive, but if we want to get a larger user base, we need to pay more attention to product details. For example, the leverage we now offer...

2385d agody zhang#BITMAX #Blockchain healthcare #Cao Jing

The epidemic is raging, what are blockchain practitioners doing?

“Blockchain practitioners have never been idle; they have just kept a lot of a low profile.” The epidemic is raging, and blockchain practitioners who have been busy have stopped. What are they all doing? Due to the decentralized nature of blockchain, blockchain practitioners have never been idle; they have just kept a lot of a low profile. Some of them are actively collecting donations and delivering supplies to help Wuhan; others are self-isolating at home and taking advantage of the “red envelope market” of the Spring Festival to make money. At the moment of the epidemic, blockchain people are taking action at the beginning of 2020, and the sudden outbreak of the novel coronavirus caught the whole society by surprise. The development of the epidemic is also touching the hearts of people all over the country. In particular, the epidemic is getting worse. The supply of masks, protective clothing, goggles, etc. to ensure the safety of healthcare workers is urgent, and rescue is urgently needed. There are difficulties on one side, and support from all sides. People from all walks of life lent a helping hand to deliver emergency supplies to Wuhan through various channels. Of course, there is no shortage of blockchain-related businesses and organizations among them. Since late January, the cumulative donation amount has exceeded 40 million yuan. The top three exchanges started making charitable donations. Taking full advantage of the Group's internationalization, they continue to carry out global procurement, hoping to ship supplies domestically in the shortest possible time. On the night of New Year's Eve on January 24, Xu Mingxing, founder of Eurotech Group, said, “As long as it is an implementable donation, Eurotech Group actively supports it, and there is no problem with the 10 million level.” Eurotech Group announced the establishment of a special fund at the level of 10 million to support the prevention of the novel coronavirus pneumonia epidemic. On January 29, 100,000 sets of medical supplies donated by Eurotech Group are already in transit and will arrive at seven hospitals in Wuhan, Xianning, Huanggang, Ezhou, Hanzhong, and Hong'an. Subsequent supplies are still being procured. On January 26, Binance CEO Changpeng Zhao tweeted that Binance promised to provide 10 million yuan (1.5 million US dollars) to help people infected with the novel coronavirus in Wuhan. Li Lin, founder of Huobi Group, said that the development of this epidemic is beyond everyone's imagination, but China has always had a tradition of uniting people. At this time, confidence is more precious than gold. He also called on caring people from all walks of life to express their love and do their best through various donation channels. Earlier, Huobi Group announced that its Huobi Charity Group will donate 10 million yuan to purchase medical supplies globally. According to Huobi's official Weibo website, on January 28, Huobi Group has purchased 400,000 pairs of gloves and will deliver them to regions where the epidemic is severe. On January 27, 20,000 personal protective masks purchased by Huobi were delivered to Huanggang City in Hubei Province. This batch of supplies is the second batch of medical protection materials that Huobi Group has shipped since January 27. On January 29, Huobi Group, a leading company in the digital economy and blockchain field, purchased 2,750 medical grade masks and sent them to Hengyang City in Hunan Province via SF Express. Meanwhile, Huobi Group has purchased 45,000 pieces of protective clothing from Thailand and the United Arab Emirates and is expediting delivery to the country. On January 25, Quchain Technology immediately donated 100,000 N95 medical masks and completed procurement to assist Wuhan in a short period of time. The first batch of 100,000 N95 medical masks will be sent to 10 hospitals in Wuhan. On the afternoon of January 27, the Qtum Quantum Chain Foundation donated 200,000 yuan to the Hubei Charity Federation to prevent and control the virus epidemic. It is reported that the funds donated will be used to purchase epidemic prevention materials, family benefits for those who died due to the epidemic, volunteer insurance, protective gear and living allowances. On January 27, Du Xiaoman Finance announced a cash investment of 10 million yuan into the Baidu Epidemic Special Fund to fully support a series of efforts to fight the epidemic. Ant Financial announced on January 27 that it has decided to establish security benefits for healthcare workers across the country. During the pandemic, if healthcare workers are unlucky enough to become ill with the novel coronavirus pneumonia, they can apply for 100,000 or 500,000 benefits. On January 28, Cao Jing, founder and CEO of BitMax, posted a microblog saying that BitMax has connected with overseas suppliers of masks, goggles, protective clothing, and infrared thermometers, and that the purchased medical supplies will be used to support Wuhan, the surrounding area of Wuhan and other epidemic-prone regions. On January 29, according to official WikiLink information, the WikiLink Foundation immediately contacted the Huangmei County Charity Association in Huanggang City, one of the hardest hit areas of the epidemic, and donated 210,000 yuan in cash to purchase epidemic prevention materials such as medical masks, protective clothing, and goggles. On January 29, according to official Cocos-BCX information, due to the scarcity of related supplies, Cocos-BCX strives to use global resources and actively seek formal suppliers. The first batch donated 1,000 full-coverage goggles to 7 county-level hospitals in Hubei. The second batch of supplies is being prepared, and it is expected that 50,000 medical masks will be purchased from overseas. Cocos-BCX partners and community are also welcome to join...

2392d agody zhang#blockchain #outbreaks

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