121st Weekly Report of Molecular Future

3 min readMay 11, 2020

Hello, supporters of Molecular Future:

It’s the 121st weekly report of Molecular Future! The project is carrying on tests in many ways, including website and mobile. The updated content in APP and website will be released soon! In this weekly update, we will present you the hotpot information.

Best Fund this week

XBTING Foundation ETF Fund (USDT)

Initial net worth (February 19th, 2019) 1

Latest net worth (10th April, 2020) 1.5464

Total increase +54.6%

Tech Development

Public blockchain-MOS technical documentation

Optimization of MOS contract engine

support the new version of Solidity contract

Improve SDK development framework support such as Buffle and MOS.js

Core technology R&D for Molecular trading system-MT5

Industry Information

Bitcoin halving will be on May 12.

Bitcoin fell sharply over the weekend, and this week it rose back above 10,000 USD. According to Bloomberg’s comprehensive price, as of 22:00 Hong Kong time, Bitcoin fell 13% in a single day, and the transaction price was $ 8788.46. According to Bitstamp’s price, this largest cryptocurrency fell 10% on Sunday, the largest one-day drop since March 12. The recent volatility of Bitcoin coincides with the expectation that Bitcoin will be halved. This happens approximately every four years. It slows the creation of new tokens. This is a deliberately designed feature to control inflation.

Product introduction

Molecular Future is jointly invested by Molecular Group, Eagle Fund, Hong Kong Capital Fund, XBTING Foundation, HCASH Foundation, and Bank of China Capital. The platform uses stable and secure blockchain technology and connects with the world’s top financial quantification teams to provide users with efficient and convenient financial services.

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