Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. The content covers key news of the week, market and contract data, mining information, and project dynamics. , technological progress and other industry trends. This article is a project weekly, giving you an overview of the progress of mainstream projects and star projects this week.
Bitcoin
Blockstream CEO: No need to worry about Bitcoin mining incentives in the future
Blockstream CEO Adam Back said on social media that the Bitcoin network block 821513 generated 6.25 BTC in transaction fees for miners. Therefore, there is no need to worry about mining incentives in the future.
Public blockchain project Elasto announces the launch of a new Bitcoin Layer2 network
Public blockchain project Elasto announces the launch of BeL2, a BTC Rollup , introducing Bitcoin staking and other comprehensive Layer 2 solutions. Elasto also plans to announce a series of BeL2-enabled partnerships and use cases in areas such as financial services, entertainment and real-world assets (RWA) in the coming months.
CME Group’s Bitcoin options open interest hits record high
CME Group’s Bitcoin options open interest hits record high, according to data from The Block Contracts have reached nearly US$2 billion, a record high. The increase in open interest indicates high market liquidity and a large number of participants. Open interest refers to the total number of open option contracts that have not yet been exercised. When open interest increases, it indicates an increase in sophisticated trader activity, with new contracts being created and added to existing contracts.
Data from Coinglass shows that calls account for 65% of open interest compared to puts in open interest at the end of December, with calls accounting for 35%. When the number of call options exceeds the number of put options, it is generally considered a bullish indicator.
El Salvador offers citizenship to foreign Bitcoin investors, law expected to take effect in coming days
El Salvador approves an immigration law targeting foreign investors Citizenship is granted to foreigners who donate Bitcoin to government social and economic development projects. The law is expected to take effect in the coming days.
BlackRock held its sixth formal meeting with the SEC yesterday regarding its spot Bitcoin ETF
Bitcoin News stated that BlackRock held its sixth formal meeting with the SEC yesterday regarding its spot Bitcoin ETF. Its spot Bitcoin ETF held its sixth official meeting.
Ethereum
BlackRock, Hashdex submitted a revised S-1 document for spot Bitcoin ETF
Bloomberg analyst James Seyffart said on the X platform that BlackRock and Hashdex have separately submitted documents for their spot Bitcoin ETF. An amended S-1 filing was issued in which Hashdex named BitGo as its hosting partner.
BlackRock’s filing shows that authorized dealers (Authorized Participants) will not handle Bitcoin directly and will only deliver cash to create shares and receive only cash when redeeming shares.
SEC postpones decision on Hashdex Ethereum ETF
According to The Block, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on Hashdex Nasdaq The Ethereum ETF made a resolution, and the original resolution deadline was January 1, 2024.
SEC postpones decision on ARK Invest, VanEck’s spot Ethereum ETF
According to a document update released by Bloomberg analyst James Seyffart, the SEC has The decision on the spot Ethereum ETF applications of ARK Invest/21Shares and VanEck has been postponed. The original deadline is December 26, and the new decision date is late May 2024.
Ethereum network transaction fees have not yet exceeded the levels seen during the increase at the beginning of the year
Data released by Blockworks Research shows that although ETH hit a new yearly high, its mainnet Transaction fees have yet to breach levels seen during the early 2023 rally, which may be due to a surge in activity on other chains, with investor funds likely flowing into other networks such as Solana and Bitcoin.
Aave has passed the community vote to "transfer approximately 6.11 million CRV from the Ethereum main network to GLC Safe"
News on December 22, Aave The community's proposal to "transfer approximately 6.11 million CRV positions from the Ethereum mainnet collector to GLC Safe" has been unanimously approved. Specific contents include: transferring all available CRV from the Aave mainnet vault to the GHO Liquidity Committee (GLC) SAFE and deploying it to sdCRV. Upon implementation of this AIP, CRV will be withdrawn from the Aave protocol (V2 and V3) on the Ethereum mainnet and all newly available CRV will be transferred to GLC SAFE.
Report: Stablecoin supply on Ethereum protocol down 30% since 2022
Since 2022, according to Six Degree’s Stablecoin Research , the supply of stablecoins on the Ethereum chain has dropped from a peak of $100 billion to $66 billion, a drop of more than 30% compared to last year. Research data shows that the two stablecoins BUSD and USDC caused the overall market value to fall from US$139 billion to US$100 billion. $129.5 billion.
The supply of stablecoins on the Tron network will increase from US$31 billion in 2022 to US$48.9 billion, an increase of more than 57%.
Other projects
Institutional cryptocurrency trader Talos will connect to Uniswap Liquidity
Institutional cryptocurrency trader Talos typically provides liquidity through centralized exchanges. But its institutional clients will soon also be able to trade through the decentralized finance (DeFi) market Uniswap. According to a person familiar with the matter, this is the first time Talos has obtained liquidity from a decentralized exchange, and it is also the first enterprise API integration of Uniswap Labs.
Uniswap V3 will be launched on the Scroll main network
Uniswap V3 will be launched on the Scroll main network soon. Scroll will become one of the few front-ends that provide multiple community development for Uniswap. one of the chains.
Frax founder: A unique Fraxchain airdrop/points system related to FXS and others will be launched
December 21 news, Frax Finance founder Sam Kazemian In the official Telegram group, it was stated that there will be a unique Fraxchain airdrop/points system related to FXS + something new that we don’t plan to announce until the new year.
Golden Finance previously reported that the Fraxchain testnet may be launched in early January 2024, and FXS will be able to distribute sequencer revenue.
Solana Lianchuang changed its avatar on the X (formerly Twitter) platform account has a new avatar. It is reported that the new avatar is a PFP created by Solana ecological AI art creator Simaleksic based on the Degenerate Ape Academy series NFT.
According to market data, as of press time, Solala’s ecological Meme token SILLY has fallen by 36.6% during the day and is currently quoted at US$0.055753. The market fluctuates greatly, so please control your risks.
Ancilia: The Paraluni project is experiencing a price manipulation attack
Web3 security platform Ancilia said on social media that the Paraluni project is experiencing a price manipulation attack, and the attackers are using the price Manipulation amplifies the value of collateral, thereby lending more funds, resulting in project losses. Users need to withdraw their collateral as soon as possible.
Base announced information on a new batch of builder grants "Builder Grants", with a total of 8 groups of projects receiving support
Layer 2 expansion network built by Coinbase Information about a new batch of builder grants "Builder Grants" has been announced. A total of eight groups and projects have received support this time, including the on-chain restaurant project Baratie, the chess on-chain game Nextplayer, and the DAO release support project Nouns Builder. , African agricultural chain project Antugrow, on-chain club Yellow Collective, Ponder Pass supporting the Farcaster protocol, and on-chain painting and gaming project Drawtech.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.
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