Blockchain Briefs

According to reports, data shows that the number of profitable addresses for ETH has reached 62050322.524 in the past hour (7d MA), reaching an 11-month high. ETH’s number of profitable addresses hit an 11-month high Analysis based on this information:Ethereum (ETH) is a decentralized platform that enables smart contracts and decentralized applications. It is the second-largest cryptocurrency by market capitalization after Bitcoin. One of the metrics used in ETH’s adoption is the number of profitable addresses, which are wallets holding ETH but with a higher value than the cost basis. This shows a bullish sentiment among investors and traders, as they are holding a profitable position. The recent data shows that the number of profitable addresses for ETH has reached an 11-month high. According to reports, the number of profitable addresses for ETH has increased to 62,050,322.524 in the past hour, using the seven-day moving average (MA). This marks the highest level since August 2020, indicating a positive trend in…

According to CME’s “Federal Reserve Observation”, the probability of the Federal Reserve maintaining interest rates unchanged in March is 34.3%, and the probability of raising interest rates by 25 basis points to the range of 4.75% to 5.00% is 65.7%; The probability of maintaining interest rates unchanged by May is 26.1%, the probability of a cumulative interest rate increase of 25 basis points is 58.2%, and the probability of a cumulative interest rate increase of 50 basis points is 15.8%. The probability of the Federal Reserve raising interest rates by 25 basis points in March is 65.7% Analysis based on this information:CME’s “Federal Reserve Observation” has projected that the possible interest rate decisions of the Federal Reserve in the coming months might lead to an increase in interest rates. The probability of maintaining interest rates unchanged in March is only 34.3%, and there is a high chance of increasing the interest rates by 25 basis points to the range of…

According to reports, the Federal Reserve said that in order to improve the effectiveness of providing US dollar funds through the US dollar swap line, the central bank that currently provides US dollar operations has agreed to increase the frequency of 7-day maturity operations from weekly to daily. The increase in operating hours will begin on Monday and will continue at least until the end of April. Federal Reserve: Global Central Banks Will Increase Liquidity Through Dollar Swap Agreements Analysis based on this information:The Federal Reserve has made a move to improve the effectiveness of US dollar funds by increasing the frequency of 7-day maturity operations from weekly to daily. The central bank responsible for providing US dollar operations has agreed to these changes, which will begin on Monday and continue at least until the end of April. This decision shows a concerted effort on the part of the Federal Reserve to make ample funds available in the financial system,…

According to reports, the Swiss Central Bank said that UBS announced its acquisition of Credit Suisse today. Significant liquidity assistance will be provided to support UBS’s acquisition of Credit Suisse. Both UBS and Credit Suisse have unrestricted access to the existing facilities of the Swiss Central Bank. The acquisition was achieved with the support of the Swiss Federal Government, the Swiss financial market regulator Finma, and the Swiss Central Bank. The Swiss Central Bank said it could provide up to 100 billion Swiss francs of liquidity assistance loans to Credit Suisse and provide federal default guarantees. Swiss Central Bank: Can provide up to 100 billion Swiss francs of liquidity assistance loans to Credit Suisse Analysis based on this information:UBS, one of the largest investment banks in the world, has acquired Credit Suisse, another Swiss bank, as reported by the Swiss Central Bank. This acquisition is significant news, as it indicates a consolidation in the Swiss banking sector. To support this…

It is reported that on March 19, 2023, Harvest was discovered according to monitoring by the blockchain security audit company Beosin_ Keeper project has maliciously transferred user funds, involving an amount of approximately 933000 US dollars. The Beosin security team discovered through on-chain data that an attacker used owner privileges to transfer the USDT pledged by the user in the HarvestKeeper contract by calling the getAmount function. Subsequently, the attacker utilized the user’s token authorization for the EOA (0x250… c14) account, thereby transferring user funds through the EOA multiple times. It is recommended that the user cancel the authorization for the EOA. Currently, the stolen funds are stored in multiple addresses, most of which are stored in 0x92288f964ae8fce23e8d337422ad66eefc333670. Security company: Harvest_ Keeper project has maliciously transferred user funds, involving an amount of approximately 933000 US dollars Analysis based on this information:On March 19, 2023, the Harvest project became the target of a malicious transfer of user funds. According to monitoring…

According to reports, data shows that the number of profitable BTC addresses accounted for 71.779% in the past hour (7d MA), hitting an 11-month high. The number of profitable BTC addresses hit an 11-month high Analysis based on this information:The latest reports in the cryptocurrency world have shown an 11-month high in the number of profitable Bitcoin addresses. According to reliable sources, the data analysis shows that 71.779% of BTC addresses have experienced profitability in the past hour. This statistic showcases a significant increase that has not been observed for almost a year, thus signifying a positive outlook for the Bitcoin market. Bitcoin is one of the most renowned digital currencies globally, and it has continued to gain more popularity and acceptance over the years. However, it is widely known that the profitability of Bitcoin trading can be sporadic, with many observers expressing concerns over the cryptocurrency’s market volatility. Nonetheless, the latest data analysis indicating a surge in profitability among…

According to reports from the Financial Times, people familiar with the matter said UBS had agreed to acquire Credit Suisse and raised its bid to more than $2 billion. UBS will purchase the shares of Credit Suisse at a price of more than 0.5 Swiss francs per share, which is still far below the closing price of 1.86 Swiss francs last Friday. In addition, UBS has agreed to soften the “material adverse change” clause, which stipulates that if UBS’s credit default spreads soar, the transaction will lapse. The material adverse change clause will apply between the signing and completion of the transaction. People familiar with the matter also said that the Swiss authorities have obtained the prior approval of relevant regulatory bodies in the United States and Europe, and it is expected that the United States and Europe will issue a joint statement today. Two people familiar with the matter said UBS would significantly shrink Credit Suisse’s investment banking business,…

According to reports, the market shows that BTC has exceeded US $28000 and is currently reported at US $280112, with a daily increase of 2.31%. The market is volatile, so please do a good job of risk control. BTC breaks through 28000 US dollars, hitting a new high since mid June 2022 Analysis based on this information:The message suggests that Bitcoin (BTC) has climbed to new heights and that its market value has surpassed the $28,000 mark, with a daily increase of 2.31%. While this is great news for BTC investors, the message also reminds us that volatility is an inherent characteristic of the cryptocurrency market. Therefore, it is critical to exercise caution and employ risk management strategies. Investors who have been tracking Bitcoin’s trajectory would know that the cryptocurrency has enjoyed a phenomenal run in recent times. Back in October, BTC was trading at around $11,000, and in just three months, it has more than doubled its price. Economists…

According to reports, data shows that 2276 BTCs (valued at approximately $61901684) have been transferred from Coinbase to unknown wallets. 2276 BTC transferred from Coinbase to unknown wallet Analysis based on this information:The cryptocurrency market has once again been hit by a major transfer of Bitcoin from Coinbase to unknown wallets. This news is based on reports that state that 2276 BTCs, which have a value of approximately $61901684, were transferred from Coinbase, one of the leading crypto exchange platforms, to unknown wallets. This significant transfer has raised concerns among investors and analysts about the possible impact on the market. Bitcoin is the most popular cryptocurrency, and its value is largely determined by the market demand, supply, and trends. Therefore, any significant transfer from major exchange platforms like Coinbase can have a significant impact on the overall market. In this case, the transfer of 2276 BTCs is a huge amount and indicates a large movement of funds. Moreover, the fact…

It is reported that Sun Yuchen, founder of the blockchain platform Tron, will purchase Credit Suisse for $1.5 billion and integrate it into the Web 3.0 world. (Jin Shi) Sun Yuchen: Will acquire Credit Suisse for $1.5 billion and integrate it into the Web 3.0 world Analysis based on this information:According to recent reports, Sun Yuchen, the founder of the blockchain platform Tron, is set to acquire Credit Suisse for $1.5 billion. As a pioneer in the world of blockchain, Sun has been vocal about his vision to democratize the digital world through Web 3.0. This acquisition is just one of the many steps he has taken towards achieving his goal. Sun’s decision to acquire Credit Suisse speaks volumes about his commitment to democratizing and decentralizing the digital world. Credit Suisse has been a major player in the traditional finance industry for years, and its acquisition by a blockchain platform is a clear indication that the digital world is evolving…

On March 20th, it was announced that Android and iOS Apps for Digital RMB (pilot version) have recently received version 1.0.19 updates. This update brings wallet quick payment support for search, making it easier to select merchants; Fix some known issues and improve the user experience. (IT Home) The digital RMB app has been updated to version 1.0.19, and wallet payment supports search Analysis based on this information:The Digital RMB, short for Digital Renminbi, is a digital currency project under the People’s Bank of China. As a pilot program, it aims to test the feasibility and performance of the digital currency in real-world scenarios. As part of this initiative, the developers have recently released version 1.0.19 updates for both Android and iOS Apps. The latest update focuses on improving the user experience of the Digital RMB app, with the inclusion of wallet quick payment support for search. This feature allows users to select merchants more efficiently, making transactions quicker and…

On March 20th, the US Midsize Banking Alliance sent a letter to the US Treasury, the Federal Deposit Insurance Corporation, the Office of the Comptroller of Currency, and the Federal Reserve, requesting that the insurance coverage of the Federal Deposit Insurance Corporation (FDIC) be extended to all deposits in the next two years, with the relevant costs borne by the banks themselves. In its letter, the organization stated that expanding insurance coverage could immediately prevent a significant outflow of deposits from smaller banks and prevent more bank closures. The organization said that the recent banking turmoil has caused people to lose confidence in all banks except large banks, and it is necessary to immediately restore market confidence in the entire banking system. The US Midsize Banking Alliance requires the FDIC to provide two-year insurance for all deposits Analysis based on this information:The recent banking turmoil brought on by the pandemic has prompted the Midsize Banking Alliance to take action to…

According to reports, according to Token Unlocks data, the Arbitrum token ARB will unlock 5.553 billion pieces on March 23, accounting for 55.53% of the total supply. Among them, the Arbitrum DAO Treasury, Individual Wallets, and Daos in Arbitrum Ecosystem will be unlocked at one time; The Team, Future Team+Advisors and Investors sections will be unlocked once on March 23, 2024. ARB will unlock 5.553 billion pieces on March 23, accounting for 55.53% of the total supply Analysis based on this information:The recent announcement from Token Unlocks that the Arbitrum token ARB will unlock more than 5.553 billion pieces on March 23, 2021, accounting for over half of the total supply, is great news for investors interested in the Arbitrum ecosystem. Among the sections that will unlock are the Arbitrum DAO Treasury, Individual Wallets, and Daos in Arbitrum Ecosystem, which presents new opportunities for users to engage with the Arbitrum platform. The unlocking of the Arbitrum tokens is expected to…

It is reported that Arthur Hayes, the founder of BitMEX, pushed that the US Federal Reserve’s provision of US dollar swap lines to other central banks would help reduce the selling of treasury bond bonds to the liquidity market and help small US banks. Arthur Hayes: The Federal Reserve provides dollar swap lines to other central banks as a rescue method Analysis based on this information:In recent news, Arthur Hayes, the founder of BitMEX, reportedly advocated that the provision of US dollar swap lines by the US Federal Reserve to other central banks could help reduce the selling of treasury bond bonds and prove beneficial for small banks in the US. A US dollar swap line is essentially a funding arrangement between two central banks; one bank exchanges US dollars with the other bank in exchange for their own currency. These swap lines are used to provide liquidity to the foreign central banks, and the aim is to prevent a…

According to statistics from Artemis, the number of independent contracts deployed on the Solana network has recently increased, reaching the highest level for the year. As of the writing of this article, 75 different contracts are active. A few weeks ago, this number increased to 98, further confirming the deployment volume in March. Data: The number of contract deployments on the Solana network increased in March Analysis based on this information:The Solana network has seen a steady increase in the number of independent contracts deployed recently. According to Artemis statistics, the network experienced a significant surge in the number of independent contracts, and as of now, there are 75 active independent contracts. Further confirming the deployment volume of the Solana network in March, the number of independent contracts deployed rose steeply to 98 from the previous figures. This year has seen the highest level of independent contracts deployed in Solana, indicating that the platform is preferred amongst developers. Solana’s technology…

On March 20th, Yves La Rose, founder and CEO of EOS Network Foundation, tweeted, “EOS Network Ventures (ENV) has officially committed to investing $20 million directly in EOS EVM and GameFi projects. EOS EVM will be launched on April 14th and will redefine EVM’s potential limitations. With $20 million for EVM projects, we expect a large influx of developers who want to take advantage of these financing opportunities.” EOS Network Ventures promises to invest $20 million in EOS EVM and GameFi projects Analysis based on this information:Yves La Rose, the founder and CEO of EOS Network Foundation, recently announced that his company, EOS Network Ventures (ENV), will invest $20 million in EOS EVM and GameFi projects. The announcement was made via Twitter on March 20th and stated that the investment would be directly committed to financing opportunities for developers. The EOS EVM is set to launch on April 14th and promises to redefine the limitations of the Ethereum Virtual Machine…

On March 20th, according to Coinmarketcap data, the market value of the public chain project Conflux has exceeded $1.2 billion, hitting a record high. As of now, it has reached $1203674343, ranking among the “cryptounicorns”. Historical data shows that the market value of Conflux was only about $50 million at the beginning of 2023. After that, a series of cooperation has been reached with Xiaohongshu, McDonald’s, and China Telecom. Currently, its market value has increased by about 2300% compared to the beginning of the year. At the time of writing, the Conflux native token CFX hit $0.4532, up 9.35% in the past 24 hours. （U.today） Conflux’s market value exceeded $1.2 billion, reaching a record high, with an increase of about 2300% compared to the beginning of the year Analysis based on this information:The cryptocurrency market has been volatile for years, and the value of tokens and projects can fluctuate drastically in a matter of days or even hours. However, the…

It is reported that Bitcoin Layer2 Network Stacks has announced the activation of version 2.1, which has made several improvements to Stacking, which will eliminate inefficient or confusing aspects of Stacking, PoX rewards, and security mechanisms. By updating a large number of Clarity language keywords, it will make it easier for developers to build projects such as cross chain bridges and decentralized mining pools. Stacks has activated version 2.1 to improve mining efficiency Analysis based on this information:Bitcoin Layer2 Network Stacks has announced the release of their latest version, version 2.1, which features a number of notable improvements to stacking. Stacking is a process that allows users to earn rewards by holding and staking cryptocurrencies. Inefficient or confusing aspects of stacking have been eliminated in version 2.1, making the process more streamlined and user-friendly. One of the major improvements included in the new version is the update of Clarity language keywords. This will make it easier for developers to build…

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, 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…