Bloomberg analyst James Seyffart recently discussed a noteworthy development in his blog. The U.S. Securities and Exchange Commission (SEC) has changed its stance on Ethereum. Seyffart stated that with the approval of Ethereum futures ETFs, the SEC is subtly acknowledging that Ethereum may be considered a commodity rather than a security. If the SEC changes its stance and classifies Ethereum as a security, it would have a significant impact.

According to WhaleAlert monitoring data, at 17:49 Beijing time, 9,614 ETH (worth $20,774,326) was transferred from BitFlyer to an unknown wallet.

According to Whale Alert monitoring data, at around 10:01 Beijing time, 9,682 ETH (worth about $21,534,509) was transferred from an unknown wallet to Binance.

Inscription certainly has a disadvantage compared to Bitcoin, but attempting to prevent Inscription may cause much more damage than Inscription itself.

According to on-chain analyst Ai Auntie's monitoring, about half an hour ago, address 0xf73...3242D deposited 5,000 ETH (worth $11.54 million) and 3 million USDT into Blast; all of these funds were withdrawn from Binance.

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 14-Dec. 20, with live updates throughout.

On December 17th, EtchMarket data shows that the price of one Ethereum Name Service token, eths, has risen to $14,000, with a 30% increase in 24 hours. It is reported that eths is the first text token issued based on the Ethereum Name Service protocol, Ethscriptions.

On December 16th, according to Lookonchain monitoring, a whale address that has been dormant for a year is selling ETH on the chain. So far, 18,865 ETH has been sold through 4 new wallets at a price of 42 million US dollars in DAI, with an average selling price of 2,229 US dollars. The address still has 5,588 ETH (approximately 12.5 million US dollars) that has not been sold.

The Ethereum community has officially signed the Ethereum Improvement Proposal (EIP) ERC-3643, establishing it as the recognized standard for tokenization of real-world assets (RWA). The proposal has reached its final state, meaning that it has been formally reviewed, discussed, and agreed upon within the Ethereum community, similar to the process of establishing ERC-20 and other standards in the past.

Enphyr, an Ethereum Layer 2 solution, announced the completion of a $1 million seed round financing at a valuation of $10 million. Waveslab Ventures led the investment with participation from a group of industry private equity investors. Enphyr mainly helps projects use the security of Ethereum and build the next generation of Web 3 applications through its data privacy, data tokenization, and blockchain-supported KYC verification services. The new funds will be used to expand the team and build strategic partnerships.

According to Scopescan monitoring, a whale with an address starting with 0x597c withdrew 15,896 ETH (worth 34 million US dollars) from Coinbase within 24 hours.

On December 13th, the Ethereum 2.0 client Teku posted on X platform that Teku V23.12.0 has been released. The main changes are as follows: Added checkpoint-sync-url option; Bug fixes and performance improvements.

According to L2BEAT data, the total value locked (TVL) in Ethereum Layer2 network is currently 15.57 billion US dollars, with a 7-day increase of 1.94%. The top six locked values are: Arbitrum One ($8.09 billion, 7-day decrease of 1.16%), OP Mainnet ($4.47 billion, 7-day increase of 8.85%), Base ($0.65 billion, 7-day increase of 2.51%), zkSync Era ($0.515 billion, 7-day decrease of 4.62%), dYdX V3 ($0.354 billion, 7-day decrease of 1.22%), Immutable X ($0.267 billion, 7-day increase of 33.28%).

On December 13th, according to Yu Jin monitoring, a whale sold 6,955 ETH on the chain at an average price of $2,187, 9 hours ago.

According to on-chain analyst @ai_9684xtpa, Golden Finance reported that the ETH wave whale 0x828...fc0ab has once again spent 50 ETH to buy 1.16 million MUBI. On December 7th, the whale had already bought 1.26 million MUBI at a cost of $0.086 per coin. After this purchase, the cost has increased to $0.088 per coin. Currently, the whale holds a total of 7.26 million MUBI, worth $650,000. Due to the positive impact of SATS being listed on Binance, MUBI's price has risen by as much as 30% today.

According to Scopescan monitoring, a whale withdrew 1500 ETH (worth 3.36 million USD) from Binance 2 hours ago.It is reported that within 24 hours, the whale has withdrawn 6000 ETH (worth 13.4 million USD).

According to Scopescan monitoring, 2 hours ago, Galaxy Digital transferred 2,615 ETH (5.85 million USD) from Gemini.

According to Ultrasound data, as of now, the Ethereum network has destroyed a total of 3,817,500.32 ETH. Among them, OpenSea has destroyed 230,050.80 ETH, ETH transfers have destroyed 316,153.25 ETH, and Uniswap V2 has destroyed 213,142.54 ETH. Note: Since the introduction of EIP-1559 in the Ethereum London upgrade, the Ethereum network will dynamically adjust the BaseFee of each transaction based on transaction demand and block size, and this part of the fee will be directly burned and destroyed.

According to Lookonchain monitoring, within the past 17 hours, Hashkey related addresses deposited 17,108 ETH, approximately $38.1 million, into Binance after a sharp drop in ETH price, resulting in a loss of over $2 million.

Management consultant and Ethereum investor DCinvestor stated on social media that Ethereum can fully pay for its own security costs without increasing the supply of ETH, and pointed out that this may be the lowest level of block space requirements. The cost consumption is not so severe that it is reducing the supply of ETH to zero, which is not the goal, but to ensure that users do not simply subsidize the security of ETH by holding ETH (although this is still a possible backup plan).