145th Weekly Report of Molecular Future

4 min readNov 2, 2020

Hello, friends of Molecular Future:

Here comes the 145th issue of Molecular Future Weekly with the continuous reports of industry news and hot topic. The “Alpha Strategic Quantitative Fund (Official) will be launched soon. Please stay tuned! For more details, please check the official notifications.

Recommended Fund this week

Alpha Strategic Quantitative Fund

Subscription time: 2020/11/3 10:00 (HKT)

Quantitative Strategy: Alpha Strategy (Conservative)

Purchase Limit: 50,000 USDT / person

Expected Return: More than 10% annualized rate of return
*The expected return is calculated based on the historical performance of the strategy and does not represent the final return of the fund.

Keep up with Molecular Future

Alpha 2020 Quantitative Fund (Beta) has completed the income target and settled the income in advance, and the final net settlement value is 1.0228, with an average monthly income exceeding 10%.

Tech Development

APP

Optimized sign-in reward mechanism

User account interface tuning

Optimized the fund SDK module

MOS Financial Public Chain

Optimized the smart contract call mechanism, and the call efficiency has been stably increased by more than 20%

Fixed real-time data display error of block explorer

Optimized block browser error message query

Optimized the MRC20 pass issuance process

The block height has reached 6.9 million

Industry Information

PayPal officially launched Bitcoin transaction service

Circle CEO Jeremy Allaire tweeted that online payment company PayPal has officially launched bitcoin transaction services. It is reported that users can purchase bitcoin through Paypal account balance, bank account under their name, and debit card. Credit card or other credit products are not supported for the time being. In addition, when users buy and sell encrypted assets, PayPal will charge the difference (or margin) between the market price obtained from the transaction service provider and the exchange rate between the US dollar and the encrypted asset displayed to the user. It is reported that Jeremy Allaire has purchased 100 USD BTC on PayPal.

Huobi Exchange has supported Visa and Mastercard direct payment services

According to official news, Huobi Exchange announced that customers can now use Visa and Mastercard credit or debit cards to make purchases directly on the trading platform without going to a third-party payment portal. This service is provided by Huobi Technology (Gibraltar) Co., Ltd (referred to as Huobi Gibraltar). Huobi Gibraltar Co., Ltd. is a subsidiary of Huobi Group, supervised by the Gibraltar regulatory agency and has a DLT license. Ciara Sun, vice president of global commerce of Huobi, said in a statement: “By reducing the number of users as an extra step, we are creating a frictionless experience.

App Data Overview

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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