Since the Merger of Ethereum, the Circulation Has Rebounded to Over 40,000 When It Was at Its Lowest
On October 21st, according to ultrasound.money data, the circulating supply of Ethereum has increased by over 40,000 since the merge. Previously, the circulating supply of Ethereum had decreased by over 300,000 before the merge due to reduced network activity, lower gas fees, and an increase in issuance compared to destruction. Currently, the amount of circulating supply reduction compared to before the merge has decreased to around 257,000.
An Address Transferred 4,274 ETH to Binance, Resulting in a Loss of US$5.24 Million
According to Lookonchain monitoring, a certain address transferred 4274 ETH to Binance, resulting in a total loss of 5.24 million US dollars. In 2022, the address purchased 4892 ETH at an average price of 2830 USDT. During the stETH/ETH decoupling period, the address exchanged 3705 stETH for 3536 ETH, resulting in a loss of 169 ETH.
The Unit Price of Eths Rose Above 1 USDT and Is Now at 1.03 USDT
According to Ethscription trading market etch data, the price of eths has risen above 1 USDT, currently reported at 1.03 USDT, with a floor price of 0.648 ETH per unit.
Ethereum (ETH) Crosses 100 Million Addresses with Balance, a Milestone Moment for Crypto Adoption: IntoTheBlock
According to IntoTheBlock, Ethereum has reached a significant milestone in crypto adoption by officially surpassing 100 million addresses with a balance. This excludes "dust" addresses with balance values less than 0.00001 ETH. Ethereum is currently trading at $1,569 and has an average daily transaction count of 961,000, down 36% from its peak level. Bitcoin, on the other hand, has an average holding time of 4.2 years, which is twice the length of Ethereum, and is currently worth $28,680 with an average daily transaction count of 273,000.
New Ethereum Proposal EIP-7540 Will Improve RWA’s Tokenized Vault Standard
The new Ethereum Improvement Proposal (EIP) EIP-7540 aims to introduce asynchronous deposit and redemption processes as an extension of the existing ERC-4626 tokenized vault standard. ERC-4626 itself is a standard designed to introduce profitable vault parameters. These vaults are smart contract platforms that execute strategies and provide rewards to token depositors.
Centrifuge contributor Asad Khan stated that EIP-7540 will ensure that asynchronous deposit and redemption processes are possible, and that this EIP has the potential to benefit protocols that handle real-world assets (RWA), cross-chain lending, and liquid staking.
EIP-7540 is still in its early stages and must first be discussed on the Ethereum forum before moving on to the next stage.
Ethereum Underperforms as US Treasury Yields Rise, Staking Rewards Drop
The recent surge in the US 10-year Treasury Yield has impacted Ethereum more than Bitcoin, as the staking payout on pledged tokens has dropped to an annualized 3.5%, nearing the lowest level in at least 10 months and significantly below a recent peak of over 8%.
Binance Releases Announcement on Ethereum Network (ERC20) Wallet Maintenance
Binance will perform wallet maintenance on the Ethereum network (ERC20) on October 24, 2023 at 15:00 (GMT+8), which is expected to take 2 hours. Please note that during the wallet maintenance period, digital assets/tokens trading on the Ethereum network (ERC20) will not be affected. Binance will suspend the deposit and withdrawal services for the Ethereum network (ERC20) at 14:55 (GMT+8) on October 24, 2023.
One User Lost $137,000 Worth of ETH and Azuki Due to Phishing
About 2 hours ago, a victim lost $137,000 worth of ETH and Azuki due to cryptocurrency phishing. He signed a malicious phishing signature based on the fuzzy protocol on the Web3 anti-fraud platform Scam Sniffer.
Gauntlet launches a proposal in the Aave community to increase the supply cap of Ethereum in v3
Gauntlet has initiated a proposal to change the borrowing and supply limits for Ethereum in v3 within the Aave community. According to Gauntlet's supply and borrowing limit methods, the proposal suggests increasing the WSTETH supply limit to 1.1 million and increasing the BAL supply limit to 700,000 on Ethereum v3.
Ethereum client Nimbus V23.10.0 version has been released
October 18th news, Ethereum client Nimbus announced on X platform that version V23.10.0 has been released. This is a low urgency upgrade focused on stability and performance improvements, with the performance improvements having the greatest impact on networks with a large number of validators (such as the Holešky test network).
