Ethereum

According to reports, according to Coinglas data, the entire network has sold out $113 million in the past 24 hours. Among them, Bitcoin sold out $43.9705 million and Ethereum sold out $28.8708 million. Over the past 24 hours, the entire network sold out $113 million, including $43.9705 million in Bitcoin Analysis based on this information:The cryptocurrency market is one that has been shrouded in mystery since its inception, with investors and spectators alike constantly keeping an eye on its movements. According to Coinglas data, the network has sold out a staggering $113 million within the past 24 hours, with two of the major players in the market taking the lead in the sell-off. Bitcoin has sold out $43.9705 million and Ethereum has recorded a $28.8708 million sell-off. The sell-off is one that has been predicted by experts within the market. Bitcoin has been enjoying a bull run for a considerable amount of time, with investors flocking to the cryptocurrency as…

According to reports, according to Cryptofees.info data, in the past 24 hours, Ethereum’s online fee revenue has been $4007471.13, Uniswap’s online fee revenue has been $2061422.92, SushiSwap’s online fee revenue has been $1153738.23, Bitcoin’s online fee revenue has been $923585.52, BSC’s online fee revenue has been $612204.38, and GMX’s online fee revenue has been $473056.27. Over the past 24 hours, Bitcoin’s on-chain service fee revenue exceeded $900000 Analysis based on this information:The message reports on the online fee revenue of popular cryptocurrencies in the past 24 hours, as per the data provided by Cryptofees.info. These revenues are generated through transaction fees paid by users on their respective blockchain networks. Ethereum, the second-largest cryptocurrency by market capitalization, has earned the highest online fee revenue of $4,007,471.13 in the past 24 hours. This can largely be attributed to the high usage of the Ethereum network for decentralized finance (DeFi) applications, such as lending, borrowing, and trading. The network faces congestion issues due…

According to reports, the NFT series Momoguro, launched by Hollywood animation studio Baobab Studios, which won Emmy Awards and was supported by Disney, on Ethereum in early March, has released a roadmap after completing its casting, aiming to focus on story telling and IP construction. It is reported that the phased release of the NFT based game has now started, and the game is expected to be released in the second quarter of 2023. The Momo Box airdrop snapshot will be taken on March 22, and the airdrop will be conducted on March 24. According to NFTGo data, the current Momoguro floor price is 0.1426 ETH, with a total transaction amount of 17.74 million US dollars. The NFT series Momoguro launched by Baobab Studios launches a roadmap: airdrop launched on March 24th Analysis based on this information:Baobab Studios, the Hollywood animation studio that has won multiple Emmy Awards and has been supported by Disney, recently launched its NFT series, Momoguro,…

According to reports, according to Coinglas data, the entire network has sold out 181 million dollars in the past 24 hours. Among them, Bitcoin sold out $57.53 million and Ethereum sold out $36.75 million. Over the past 24 hours, the entire network sold out $181 million Analysis based on this information:The crypto market has been showing signs of growth and resilience in recent weeks. According to Coinglas data, the network has successfully sold out a total of 181 million dollars within the past 24 hours alone. This is a sharp contrast compared to the bearish trend that gripped the market earlier this year. Bitcoin, the world’s most famous cryptocurrency, contributed an impressive $57.53 million to the 24-hour sales. This comes as no surprise as the coin has been experiencing significant gains in price in recent weeks. Bitcoin’s price has been on a steady increase since the start of the year, jumping from $29,000 to over $63,000, an all-time high for…

According to reports, ETH’s last active 7-10 years of supply just reached 3668072.569 ETH, a record high. ETH’s last active 7-10 years of supply hit a record high Analysis based on this information:Ethereum (ETH), the second-largest digital currency by market capitalization, has recently experienced a surge in its supply. According to reports, the last active 7-10 years of ETH supply has hit a record high of 3668072.569 ETH. The record-breaking increase has been attributed to the growth of decentralized finance (DeFi) applications and the rise of non-fungible tokens (NFTs). Ethereum’s blockchain technology is used to support several decentralized applications that facilitate peer-to-peer transactions, without the need for intermediaries. The increasing popularity of these applications has resulted in greater demand for ETH, leading to an increase in its price, which has risen from approximately $100 in January 2020 to over $4,000 in May 2021. The surge in price has attracted more investors, further contributing to the increase in ETH’s supply. The…

According to reports, data shows that Azuki # 3153 was traded at 143ETH. Azuki # 3153 closed at 143ETH Analysis based on this information:The digital landscape has revolutionized the way we perceive the economy. The world of cryptocurrencies, blockchain technology, and non-fungible tokens (NFTs) has opened new avenues of investment and changed the way we trade. The emergence of NFTs has created an entirely new market for digital assets, and Azuki # 3153 is one of the recent examples of how the market is shaping up. Azuki # 3153 is a digital asset, which belongs to a popular breed of NFTs called Bored Ape Yacht Club (BAYC). The crypto-art scene has witnessed a massive surge in BAYCs’ popularity, making them one of the most sought-after digital assets. Recently, Azuki # 3153 was reported to be traded at 143 ETH, which translates to almost $434,400 at the time of writing. The BAYC collection’s popularity lies in the fact that each NFT…

According to reports, according to CoinGecko data, the current total market value of cryptocurrencies is $1.19 trillion, with a 24 hour increase of – 1.8%. The 24 hour trading volume is $224.657 billion. Currently, the market value of Bitcoin accounts for 43.8%, and the market value of Ethereum accounts for 17.9%. Bitcoin’s market value accounted for 43.8%, reaching a record high Analysis based on this information:According to the latest reports, the current total market value of cryptocurrencies is $1.19 trillion, with a slight decline of 1.8% in the past 24 hours. Despite the minor dip, the cryptocurrency market has maintained its impressive growth throughout the year. This growth can be attributed to the increasing acceptance and adoption of digital currencies as a legitimate means of transaction. Bitcoin and Ethereum remain the two dominant players in the market, accounting for over 60% of the total market value. The market value of Bitcoin accounts for 43.8%, and its value has been relatively…

According to reports, Chris Burniske, a former Ark Invest encryption director, posted a message on social media aimed at alleviating Ethereum holders’ concerns about the impact of Shanghai’s activation on the token economy. The Ethereum community believes that the upgraded market in Shanghai will release a large amount of ETH, which will affect prices. However, Chris Burniske said that the Shanghai upgrade will help Ethereum pledge “de risk”, because at this stage, ETH pledge is still in its infancy, with only 15% of ETH pledged. After the Shanghai upgrade, it is expected that more ETHs will be locked. The amount of ETH locked in pledge contracts may increase by 100-300% in the coming quarters, so there will be no panic selling. Former Ark Invest Encryption Director: It is expected that more ETHs will be locked after the upgrade in Shanghai Analysis based on this information:In an effort to calm Ethereum holders’ concerns about the impact of Shanghai’s activation on the…

It is reported that the Bitcoin and Ethereum volatility charts of the cryptographic derivative protocol Volmex Finance have been provided on the technical analysis platform TradeView. Cole Kennelly, founder and CEO of Volmex Labs, said that these charts were launched on Friday, and the 50 million traders and investors who use Trading View each month now have access to the Volmex Implied Volatility Index, BVIV Index, and EVIV Index. TradeView integrates Bitcoin and Ethereum volatility charts from Volmex Finance Analysis based on this information:Volmex Finance, a cryptographic derivative protocol, has announced that it has added Bitcoin and Ethereum volatility charts to Trading View, a popular technical analysis platform. Founded and run by Cole Kennelly, Volmex Labs has made these charts accessible to the platform’s 50 million monthly users. Now, traders and investors can access the Volmex Implied Volatility Index, BVIV Index, and EVIV Index on Trading View. This move is essential for Volmex Labs in expanding its market reach and…

According to reports, according to L2BEAT data, the current total lockup volume of Ethereum Layer 2 has risen to $7 billion, up 23.02% on the 7th. Among them, the top five locked positions were: ArbitrumOne ($3.87 billion, up 22.9% on the 7th); Optimism ($2.12 billion, up 26.83% on the 7th); DYdX ($331 million, down 0.99% on the 7th day); Immutable X ($165 million, up 55.66% on the 7th); Metis Andromeda ($133 million, up 12.26% on the 7th). The total lockup volume of Ethereum Layer 2 rose to $7 billion, up 23.02% on the 7th Analysis based on this information:The recent reports suggest that the current total lockup volume of Ethereum Layer 2 has surged to $7 billion. According to the L2BEAT data, this marks a 23.02% increase on the 7th, indicating growing interest and adoption of Ethereum’s Layer 2 scaling solutions. The top five positions in terms of locked positions have also witnessed impressive growth, with ArbitrumOne occupying the top…

On March 18th, according to Glassnode data, the number of voluntary exits by Ethereum verifiers reached 183 on March 16th, setting the second highest record since the merger. Voluntary exits refer to verifiers choosing to stop participating in the consensus and leave the verifier pool queue. They will no longer propose or prove blocks, and they will not be able to withdraw the previously pledged ETH after the upgrade in Shanghai. （cryptoslate） Data: On March 16th, 183 Ethereum verifiers voluntarily withdrew, setting the second highest record since the merger Analysis based on this information:The Glassnode data from March 18th revealed that Ethereum verifier pool is experiencing a high number of voluntary exits that occurred on March 16th – reaching 183, which is the second-highest record after the merger. These voluntary exits signify the decision of verifiers to exit the verifier pool queue and stop participating in the consensus. Consequently, they will no longer be able to prove or propose blocks,…

According to reports, the market shows that ETH has broken through $1800 and is currently trading at $1800.29, with a daily increase of 8.14%. The market is volatile, so please do a good job of risk control. ETH breaks through $1800 Analysis based on this information:The world of cryptocurrency never ceases to amaze, and recently, we witnessed a groundbreaking increase in Ethereum (ETH). According to reports, the digital currency made an unprecedented breakthrough, rising above $1800 and currently trading at $1800.29. This extraordinary achievement is the result of a daily increase of 8.14%, which caught the attention of investors, traders, and stakehoulders. Ethereum has been a lucrative investment opportunity since its inception in 2014, and it has steadily grown in popularity over the years. This growth seems to be tied to its practical applications, such as the use of smart contracts and decentralised applications on its network. With the market now showing a significant increase in its value, it is…

According to reports, according to L2BEAT data, the current total lockup volume of Ethereum Layer 2 has risen to $6.79 billion, up 18.77% on the 7th. Among them, the top five locking quantities are: The total lockup volume of Ethereum Layer 2 rose to $6.79 billion, up 18.77% on the 7th Analysis based on this information:The message highlights the surge in the lockup volume of Ethereum Layer 2, which has reached $6.79 billion, marking an increase of 18.77% on the 7th. Layer 2 scaling solutions aim to solve the scalability and fee issues of Ethereum network by decentralizing the computation and storage of transactions and minimizing the need for on-chain activities. The rising lockup volume indicates the growing adoption of Ethereum Layer 2 protocols by users and developers. Ethereum Layer 2 has emerged as a promising solution to the scalability and congestion issues faced by the Ethereum network. By migrating some of the transactions to Layer 2, users can enjoy…

According to reports, according to data from the encryption analysis platform IntoTheBlock, the Layer 1 Proof of Rights Protocol Algorand (ALGO) currently has more than 16.4 million addresses in a loss state, accounting for more than 98% of the total registered addresses on the Algorand chain, and its performance also lags behind peers such as Ethereum, Cardano, Solana, and Avalanche. （u.today） Data: More than 98% of Algorand’s addresses are in a loss state Analysis based on this information:According to reports, Algorand’s Layer 1 Proof of Rights (PoR) protocol is currently experiencing significant issues, serving as a major obstacle to the blockchain’s growth and adoption. Data from the encryption analysis platform IntoTheBlock shows that Algorand has more than 16.4 million addresses in a loss state, accounting for more than 98% of the total registered addresses on the Algorand chain. This alarming figure is almost twice that of Ethereum’s, a cryptocurrency that currently accounts for 60.7 million addresses. The layer 1 protocol…

According to reports, according to data from Dune Analytics, after Arbitrum, the Ethereum Layer2 expansion solution, announced on March 16th that it would air drop ARB governance tokens to community members, the number of transactions on the chain on that day exceeded that of the main Ethereum network for the first time. Data shows that yesterday, the number of transactions on the chain of Arbitrum was 1076656, while that of Ethereum was 1042763. Data: On March 16th, the number of transactions in Arbitrum again exceeded that of Ethereum Analysis based on this information:According to recent reports, Ethereum’s Layer 2 expansion solution, Arbitrum, surpassed the main Ethereum network in daily transactions for the first time on March 16th. The surge in transaction volume was attributed to the announcement of its airdrop of ARB governance tokens to community members. Data from Dune Analytics shows that on March 16th, the number of transactions on Arbitrum’s chain was 1,076,656, whereas Ethereum’s mainnet recorded 1,042,763…

According to reports, according to Lookonchain monitoring, in the past two days, Tether has minted 3 billion USDTs on Tron and Ethereum. Among them, the address Theskycomber.eth related to Bastion Trading has received 135.3 million USDTs from Tether’s treasury in the past two days and transferred them to Coin Security. After receiving 135.3 million USDTs from relevant addresses of Bastion Trading, all of them were transferred to Binance Analysis based on this information:Tether, a stablecoin pegged to the US dollar, has recently minted 3 billion USDTs on the Tron and Ethereum networks, according to reports from Lookonchain monitoring. This move by Tether has raised eyebrows in the crypto community, as it has been speculated that Tether’s USDT is not backed by actual US dollars, as the company has claimed in the past. One address that has received a significant amount of USDT in the past two days is Theskycomber.eth, which is related to Bastion Trading. Bastion Trading is a Hong…

On March 17th, Vitalik Buterin, co founder of Ethereum, stated on social media that self hosting is very important, and social recovery and multiple signatures are good ways to achieve this goal. I personally use a multi signature wallet to store most of my funds, as does the Ethereum Foundation. Once social recovery wallets become mature enough, my recommendation is to use social recovery for hot wallets that store a small portion of an individual or organization’s funds, as well as multiple signatures for cold wallets that store individual or organization savings. V God: Individuals and the Ethereum Foundation both use multi signature wallets to store most of their funds Analysis based on this information:Vitalik Buterin, co-founder of Ethereum, recently took to social media to promote the importance of self-hosting and advocated for the use of social recovery and multiple signatures to achieve this goal. For Buterin, self-hosting is an essential aspect of cryptocurrency ownership as it allows individuals and…

On March 17th, Succinct Labs announced the launch of the Ethereum interoperability protocol Telepathy based on zkSNARKs. This protocol allows developers to leverage the security of the Ethereum Lightweight Client Protocol to achieve untrusted communication from Ethereum to other chains. Currently, the protocol has been launched on the main network and a Demo has been released for user experience. Succinct Labs Launches Ethereum Interoperability Protocol Telepathy Based on zkSNARKs Analysis based on this information:Succinct Labs, a blockchain technology company, has announced the launch of a new Ethereum interoperability protocol called Telepathy, which is based on zkSNARKs. This protocol is designed to allow developers to use the security of the Ethereum Lightweight Client Protocol to achieve untrusted communication from Ethereum to other chains. The protocol has been launched on the main network, and a Demo has been released for users to test the technology. Interoperability is a critical issue in the blockchain space, as many different blockchain networks exist and they…

On March 17, according to the Beosin EagleEye security risk monitoring, warning, and blocking platform monitoring of Beosin, a blockchain security audit company, on March 16, 2023, Euler Finance attackers transferred 1000 ETHs and 100 ETHs to 0xc66dfa84bc1b93df194bd964a41282da65d73c9a (Euler Finance Explorer 4) and 0x098b716b8aaf21512996dc57eb0615e2383e2f96 (Ronin Bridge Explorer Beosin: Euler Finance attacker transferred approximately $1.88 million in funds Analysis based on this information:The message informs us that on March 17, Beosin EagleEye, a blockchain security audit company, detected a security risk relating to Euler Finance. It was found that the attackers had transferred 1000 and 100 ETHs to two different explorers, namely Euler Finance Explorer 4 and Ronin Bridge Explorer on March 16, 2023. It is significant to note that the message conveys that security risks in the blockchain system are real and need to be taken seriously. The presence of security threats and risks make the blockchain system vulnerable and prone to hacking and fraudulent activities. Therefore, it is important…

According to reports, according to Tokenview on-chain data, the current beacon chain ETH2 contract address pledge deposit is 17696343 ETHs, an increase of approximately 112688 ETHs in the past week. The upcoming upgrade to Shanghai on April 12 will allow for pledge withdrawals on Ethereum. Beacon chain pledge contract deposits nearly 17.7 million ETHs Analysis based on this information:The world of blockchain and cryptocurrencies has taken a significant step forward in recent years, and Ethereum is one of the leading networks pushing progress forward. Ethereum is a decentralized platform that runs smart contracts, and it has become one of the most popular blockchain platforms for creating decentralized applications (dApps). Due to its popularity, Ethereum has undergone several upgrades over the years to enhance its functionalities, with ETH2 the latest one. According to reports, the latest Tokenview on-chain data indicated that the current Eth2 contract pledge deposit has reached 17,696,343 ETHs. This figure represents an increase of around 112,688 ETHs in…