The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days
The Ethereum developers held their 133rd ACDC conference call. First, they outlined the latest research on Ethereum protocol confirmation rules. Then, they discussed Pectra updates related to EIP-7547 and CFI states, and decided to put them on hold temporarily. They also updated the v1.5.0-alpha.1 specification. Regarding the implementation updates for devnet-0, most teams are making progress, but there are also some unexpected complexities. The goal is to complete devnet within 7-10 days.
Cointime MAY 1 News Express
1.Celsius Network destroys 94% of total supply of CEL, worth over $89 million2.USDC Treasury destroyed more than 200 million USDC3.Pike was suspected of being hacked and lost 479 ETH4.Fantom launches $6.5 million development fund, betting on safer memecoins5.Yesterday, the U.S. spot Bitcoin ETF had a net outflow of $162 million6.The balance of Binance Bitcoin wallet increased by 6249.36 in the past 24 hours, and 15565.89 inflows in the past 7 days7.In April, NFT sales on the Bitcoin chain exceeded US$685 million, setting the third highest monthly record in history8.On-chain content distribution agreement Metale Protocol completes additional $2 million in seed round financing9.A whale deposited 1,140 MKR into Coinbase, losing about $1.1 million10.The Bitcoin stablecoin project, bitSmiley, goes live with its Alphanet V1, marking its debut deployment on the Bitcoin Layer 2 network, Bitlayer.
Arbitrum bridge storage value exceeds 3.7 million ETH
Data from Dune shows that the total value locked (TVL) in Arbitrum's bridge has exceeded 3.7 million ETH, currently worth approximately $10.73 billion. The total number of user addresses on the bridge has also surpassed 720,028.
An ETH whale address that has held ETH for 5 years deposited 1797 ETH to Upbit 2 hours ago
According to The Data Nerd, two hours ago, Whale 0x035 deposited 1797 ETH (approximately $5.4 million) into Upbit. Five years ago, he purchased these ETH at an average price of $166.7 and will earn $5.1 million.
BTC and ETH options with a notional value of over $2.2 billion will expire on Friday
According to Deribit data, nominal value of over 1.285 billion USD BTC options and over 954 million USD ETH options contracts will expire on Friday (May 3rd). The maximum pain point price for BTC is 64,000 USD and for ETH it is 3,050 USD.
Data: About 26,500 ETH are waiting in the Eigen Layer withdrawal queue
According to Dune Data Panel, since April 29th, over 11,000 withdrawals and about 26,500 ETH (worth about $79.8 million) have been queued for withdrawal on Eigen Layer. The withdrawal queue funds in the past two days account for about 0.5% of the total TVL. Eigen Layer has recently announced an airdrop, and some users have chosen to withdraw, but the withdrawal process takes 7 days to complete.
Etherscan parent company Block Solutions' profit increased 33 times in four years
Block Solutions, the Malaysian parent company of Ethereum data analysis platform Etherscan, has developed rapidly with profits increasing 33 times in four years.
Pike was suspected of being hacked and lost 479 ETH
Web3 network security company Ancilia has detected that cross-chain lending protocol Pike Finance has allegedly suffered a hack, resulting in a loss of 479 ETH. In late April of this year, Pike Finance's USDC pool was also hacked, resulting in a loss of approximately $300,000.
Ethereum network gas fee drops to 7 gwei
According to Etherscan data, the current gas fee on the Ethereum network has dropped to 7 gwei.
The total open interest of BTC options is $17.83 billion, and the open interest of ETH options is $8.07 billion.
Coinglass data shows that the nominal value of unclosed BTC option positions on the entire network is 17.83 billion US dollars, which is the lowest point since February 26; the nominal value of unclosed ETH option positions is 8.07 billion US dollars, which is the lowest point since February 25.
James Fickel borrowed 40 BTC from Aave and sold it for 806 ETH
As monitored by on-chain analyst Yu Jin, James Fickel is still bullish on the ETH/BTC exchange rate: one hour ago, he borrowed 40 BTC (worth $2.51 million) from Aave and sold it for 806 ETH. Since the beginning of January this year, he has borrowed a total of 2,301 WBTC (worth $145 million) from Aave and sold it for 41,944 ETH. The cost of the ETH/BTC exchange rate is about 0.055.
An address transferred 8150 ETH to Galaxy Digital OTC address 8 hours ago
According to on-chain analyst @ai_9684xtpa monitoring, 8 hours ago, address 0x4E8...fA555 transferred 8,150 ETH (valued at $25.64 million) to Galaxy Digital OTC address, suspected of commissioning sales.
Tom Wan: More than 15% of Ethereum on the Beacon chain has been staked through EigenLayer
Dune Analytics dashboard shared by 21.co strategy analyst Tom Wan shows that over 15% of ETH on the Beacon chain has been staked through EigenLayer, totaling 4.9 million ETH worth about $15.42 billion. Of this, 3.1 million ETH was natively reset, primarily through a liquid staking protocol. 1.7 million ETH was restarted through liquid stock tokens, with Lido's stETH accounting for 1 million stETH deposits. Approximately 26% of the total supply of Ethereum, which is 122 million ETH, is held on the Beacon chain. EigenLayer began accepting deposits under its protocol in June 2023.
ETH falls below $3,100
According to market data, ETH has fallen below $3,100 and is now trading at $3,099.54, with a daily decline of 1.04%. The market is volatile, so please be prepared for risk control.
The Future of Ethereum: Use Cases (Part 1)
In our 4-part series named “The Value of Ether”, we have discussed in detail the framework in which we think it is most appropriate to link value accrual to ETH token holders with the underlying mechanics that operate the Ethereum blockchain. More specifically, we have laid out a case on how increased usage of the network has an impact on supply dynamics and can therefore have a knock-on effect on the value of the Ether token.
Cointime April 21th News Express
1.An Ethereum pre-mining address that has been dormant for 8.7 years has been activated, containing 197 ETH
2.Bitcoin block reward halving sparks bullish and skeptical opinion split3.A whale withdrew another 10,119 ETH from Binance4.MtGox claims form updated, may support compensation payment in BTC and BCH5.ZKasino transfers the 10,515 ETH deposited by the user to a multi-signature address and deposits it into Lido
6.Pre-Rune concept NFT Rune Doors is the project party for the deployment of Rune No. 97.More than 11,000 BTC flowed out of Coinbase Pro in the past 7 days8.Solana Ecosystem NFT Social Platform Only1 Completes $1.3 Million Strategic Financing, Led by Newman Group
9.friend.tech: V2 version has completed the audit and will be released on April 2910.Bitwise CEO: Wealth Manager Will Increase Its Bitcoin ETF Holdings
The whale that lost $4 million by longing ETH with leverage chose to go long again
According to on-chain analyst @ai_9684xtpa, the whale who previously lost 4 million US dollars by longing ETH has longed again. At around 3:48 pm, the address transferred 3000 ETH (worth 9.53 million US dollars) from Binance and deposited it into Compound and borrowed 6.5 million USDT to transfer to Binance. Currently, the whale has transferred out 1100 ETH again or may continue to increase its position.
A whale withdrew 9,954 ETH from Coinbase in the past 24 hours
According to The Data Nerd's monitoring, one hour ago, whale address 0xb82 withdrew 526 ETH (about $1.67 million) from Coinbase. Within 24 hours, they withdrew a total of 9,954 ETH (about $31.34 million) from Coinbase, at an average price of $3,148.
ZKasino transfers the 10,515 ETH deposited by the user to a multi-signature address and deposits it into Lido
As monitored by blockchain analyst Yu Jin, 8 hours ago, ZKasino transferred 10,515 ETH (worth 33.18 million USD) deposited by users through bridging to a multi-signature address 0x791, and then deposited it into Lido for yield farming. These ETH were deposited by users through bridging for mining on ZKasino, but the ZKasino project team modified their website instructions and forcibly replaced the ETH deposited by users with their platform token.
