BTCX Token Announces Token Economics: 24% for Staking Rewards
According to the news from TechFlow, BTCX Token based on Ethereum has announced its token economics. The total supply of BTCX is 21 million, of which:25% (5.25 million tokens) is used for pre-sale;41% (8.61 million tokens) is used for destruction;24% (5.04 million tokens) is used for staking rewards;10% (2.1 million tokens) is used to promote liquidity.
Ronin Network Has Reached a Cooperation With Onmeta To Exchange RON, SLP and AXS With Fiat Currency on Ronin
Ethereum sidechain Ronin Network announced a partnership with cryptocurrency exchange service provider Onmeta.This partnership will give Ronin users more options, allowing them to exchange RON, SLP, and AXS with fiat currency on Ronin.Onmeta supports various local payment methods in India's UPI and the Philippines, allowing for small and fast transactions.
SEC's Approval of Ethereum Futures ETF Suggests Recognition of Ethereum as Non-Security
Crypto analyst Adam Cochran recently highlighted that the US Securities and Exchange Commission (SEC) approving an Ethereum futures exchange-traded fund (ETF) implies the acknowledgment that Ethereum itself is not a security. Cochran argued that the SEC cannot simultaneously argue that ETH is an unregistered "crypto asset security" and approve an ETH Futures ETF.
Data: Ethereum Has About $51 Million On-Chain Lending and Liquidation Quota Around $1,517
According to DefiLlama data, there is approximately $51 million in on-chain loan liquidation volume for Ethereum around $1517.
The Latest ACDE Conference on Ethereum: Holesky Testnet Genesis Supply Is Expected To Be 1.6 Billion HETH
On August 18th, Tim Beiko, a core developer of Ethereum, summarized the latest Ethereum core developer execution meeting (ACDE), which included updates on Devnet 8 progress, ElP-4788, Holesky test network, EIP editing, and the newly proposed EIP-7212 (secp256r1 precompiled). Tim Beiko also stated that the next ACDE is scheduled for August 31st at 22:00 Beijing time.
Bitcoin’s Market Share Fell to 46.61%, a One-Day Drop of 0.61%
August 18th, Bitcoin's market share fell to 46.61%, with a daily decline of 0.61%; Ethereum's market share is currently reported at 18.2%; the market share of the stablecoins USDT, USDC, and BUSD are 7.44%, 2.35%, and 0.3%, respectively.
The current total market value of cryptocurrencies on the entire network is reported at 11 trillion US dollars, with a 24-hour decline of 6.2%.
Ethereum recovers and briefly breaks through $1,700
According to OKX market data, Ethereum rebounded and briefly broke through $1700, currently priced at $1691, with a 24-hour decline narrowing to 6.71%.
Market: Ethereum Fell Below $1,800, a 24-Hour Drop of 1.62%
According to the market, Ethereum has fallen below $1800 and is currently trading at $1799.2, with a 24-hour decline of 1.62%.
In the Past 24 Hours, the Entire Network Has Liquidated 162 Million U.S. Dollars, and the Amount of Multi-Order Liquidation Reached 146 Million U.S. Dollars
According to Coinglass data, the total amount of liquidations on the entire network in the past 24 hours reached 162 million US dollars, of which the long position liquidation amount was about 146 million US dollars, and the short position liquidation amount was about 16.3177 million US dollars.
CME and CF Benchmarks to Launch Asia-Pacific-Specific Bitcoin and Ethereum Reference Rates
CME Group and cryptocurrency benchmark index provider CF Benchmarks announced plans to launch two Bitcoin and Ethereum reference rates for the Asia-Pacific region on September 11th - CME CF Bitcoin Reference Rate APAC (BRRAP) and CME CF Ether-Dollar Reference Rate APAC (ETHUSD_AP). These rates will provide a daily reference rate for the US dollar price of these two digital assets, and will be released at 4pm Hong Kong/Singapore time.
Data: The 90-Day Volatility of Crude Oil Exceeds BTC and ETH
Blockchain analysis company Kaiko has disclosed data showing that the 90-day volatility of Bitcoin and Ethereum has dropped to 35% and 37%, respectively, while the 90-day volatility of crude oil has reached 41%. Volatility refers to the rate at which the price of a given asset rises or falls over a given period of time.
Ethereum Deneb/Cancun upgrade test network Devnet 8 has been launched and is progressing smoothly
Ethereum community developer terence.eth tweeted that the Deneb/Cancun
upgrade official testnet Devnet 8 has been launched and is progressing
smoothly. evnet 8 is the first dedicated test network that will activate all
relevant Ethereum Improvement Proposals (EIPs) determined for the Dencun
upgrade.
Ethereum briefly fell below $1,800 in the early hours of this morning, with a 24-hour drop of 1.07%
According to OKX market data, Ethereum briefly fell below $1800 in the early morning today, and is now trading at $1809, with a 24-hour decline of 1.07%.
Vitalik: The “Community Notes” Feature of the X Platform May Be the Closest to the “Encrypted Value” Instance
On August 16th, Vitalik Buterin, co-founder of Ethereum, shared his thoughts on the fact-checking tool "Community Notes" on the X platform (formerly Twitter), stating that although the tool is not a "cryptographic project," it may be the closest thing to a "cryptographic value" seen in the mainstream world.
PeckShield: Uranium Finance Attackers Transfer 1,000 ETH to Tornado Cash
According to PeckShield monitoring, the Uranium Finance attacker bridged approximately 2 million USDC from BNB Chain to Ethereum and exchanged it for about 1075.6 ETH, then transferred 1000 ETH to Tornado Cash.Previously, on April 28, 2021, hackers stole tokens worth about $50 million from Uranium's pairing contract.
The Address Marked by the Attacker Has Bridged 2 Million USDC From the BNB Chain to Ethereum
PeckShieldAlert monitoring shows that the address marked by the attacker of Uranium Finance has transferred 2 million USDC from BNB Chain to Ethereum and exchanged them for approximately 1,075.6 ETH, and then transferred 1,000 ETH to Tornado Cash.
The Altcoins All Fell to a Certain Extent in the Early Morning of This Morning, and the Decline of Bitcoin and Ethereum Was Limited
August 16th, according to market data, most of the altcoins experienced a certain degree of decline early this morning, with limited declines in Bitcoin and Ethereum. As of press time:
· Bitcoin is now priced at $29,219, with a 24-hour decline of 0.8%
· Ethereum is now priced at $1829, with a 24-hour decline of 0.88%.
Data: Voyager transferred about $9.4 million in cryptocurrency to Coinbase and transferred 200 BTC
According to the monitoring of Paiduin, Voyager transferred approximately $9.4 million worth of cryptocurrency to Coinbase on Ethereum in the past 24 hours, including 3,000 ETH, 200 billion SHIB, 2.3 million MANA, 932,000 SAND, 135,000 APE, and 1 million BAT, and received approximately 21 million USDC from Coinbase.In addition, Voyager also transferred 200 BTC (about $5.8 million), of which about 10.3 BTC were deposited into Binance within the past 24 hours.
CoolWallet Introduces SmartScan Integration for Linea Ecosystem to Enhance Web3 Security and Accessibility
CoolWallet, a leading hardware wallet brand, has announced its support for Linea, an Ethereum layer-2 zero-knowledge (ZK) rollup network. Linea, which is affiliated with MetaMask, utilizes zero-knowledge proofs and Ethereum Virtual Machine (EVM) compatibility to ensure seamless integration of its applications with the Ethereum blockchain.
Huawei Expands Technological Portfolio with Ethereum and TRON Node Engine Services for Web3.0
Chinese tech giant Huawei has entered the Web3 market by integrating Ethereum and TRON node engines into its Cloud division's services. The move aims to simplify blockchain network management, resource allocation, and authentication processes, and empower developers to connect with mainstream blockchains such as Ethereum.
