EU supports digital euro, Uniswap v4 is tentatively scheduled to be released in the third quarter of this year

Headlines

▌EU Parliament Committee votes in favor of digital euro

EU Parliament Justice The Commission voted in favor of the latest Digital Euro report, which proposes amendments to draft legislation to make digital currencies legal tender. An overwhelming majority voted in favor (48 votes), with only 6 votes against the central bank digital currency (CBDC) and 7 abstentions.

▌Uniswap v4 is tentatively scheduled to be released in the third quarter of this year

The Uniswap Foundation issued a statement stating that the release of Uniswap v4 is tentatively scheduled. Scheduled for the third quarter of 2024, including: Phase 1 is code freezing (in progress), including core code completion, testing, Gas optimization, security enhancements, and finalization of peripherals; Phase 2 is audit and test network, Comprehensive audit and community audit competition by multiple auditing companies. At the same time, v4 will be deployed to the test network and final adjustments to the code will be made; the third phase: launch push, v4 will be pushed to the Ethereum main network in the third quarter.

Quotes

As of press time, according to coinmarketcap data:

The recent transaction price of BTC was US$52,029.00, rising and falling during the day. Frame+0.00%;

ETH Recent The transaction price was US$2797.15, and the intraday increase or decrease-1.88%;< /p>

BNB’s recent transaction price was US$362.72, with an intraday increase or decrease of +1.94% strong>;

ORDI’s recent transaction price was US$69.73, with an intraday increase or decrease+0.54%;

The recent transaction price of DOGE was US$0.08573, with intraday gains and losses-2.19%;

SOL’s recent transaction price was US$110.71, with an intraday increase or decrease-1.94%;

ALT’s recent transaction price was US$0.3858, intraday increase or decrease< span style="color: rgb(255, 0, 0);">-0.37%.

Policy

▌Market news: Honduran regulators ban financial services due to fraud risk The system operates cryptocurrencies and virtual assets

Market news shows that Honduran regulators have banned the financial system from operating cryptocurrencies and virtual assets due to fraud risks.

Blockchain Application

▌Linea: Alpha v2 upgrade deployment has been completed and new features of proof aggregation and data compression have been introduced< /strong>

According to official news, L2 network Linea announced that it has officially launched the Alpha v2 upgrade, which aims to reduce the cost of data release and zero-knowledge proof verification on the Ethereum chain by about 90%. It is reported that Alpha V2 has completed the deployment of the Linea mainnet and introduced two new functions of proof aggregation and data compression. Now each Linea transaction will be summarized into a batch and published to Layer 1 (L1). Through proof aggregation, Linea can recursively prove many consecutive batches of transactions into a final proof, thereby making the verification cost of verifying N batches N times cheaper; data compression can effectively encode repeated bytes, consistent with maintaining a relatively small Low computational cost required.

▌ARK/21Shares submits new 19b-4 filing for spot Ethereum ETF

According to Bloomberg analyst Eric Documents released by Balchunas, ARK/21Shares submitted new 19b-4 documents and a series of new analysis notes for its spot Ethereum ETF.

Cryptocurrency

▌House Financial Services Panel Discussing Combating Cryptocurrency Illicit Finance

During a House Financial Services Committee hearing on Thursday titled “Cryptocurrency Criminal Background Part II: Examining Methods to Combat Illicit Activities,” Congress The group delves into how to prevent bad actors from using cryptocurrencies for illicit financing.   The hearing comes as both Democrats and Republicans debate anti-money laundering (AML) provisions and bills. Republican leadership on the House Financial Services Committee has signaled a willingness to take a closer look at anti-money laundering issues, while Democratic leadership in the Senate plans to advance legislation to combat money laundering.

▌ECB executive: Digital euro will have better privacy than private systems

European Central Bank (ECB) Executive board member Piero Cipollone said in a speech to the European Parliament’s Economic and Monetary Affairs Committee that a digital euro would have better privacy than private systems and that a digital euro would protect users from the threats of private payment technologies. He promised: "A digital euro will allow people to make online payments with very high standards of privacy, higher in fact than currently offered by commercial solutions."

Important Economic Updates

▌U.S. stocks opened mixed, Coinbase rose nearly 15%

U.S. stocks opened mixed, the Dow fell 0.12% , the Nasdaq rose 0.04% and the S&P 500 fell 0.03%. Coinbase rose nearly 15% as results exceeded expectations.

▌Federal Reserve Bostic: If the data is optimistic, there may be three interest rate cuts this year

Federal Reserve Bostic Crocker said the outlook shows interest rate cuts will begin in the summer, and he is willing to advance the rate cut if data warrants it. He still expects two rate cuts in 2024. However, if the data is optimistic, there may be three interest rate cuts this year.

Golden Encyclopedia

▌Grayscale Bitcoin Trust

GBTC is a digital financial instrument designed to provide individuals interested in cryptocurrencies with investment opportunities in the Bitcoin market, eliminating the need for direct access to the underlying asset. Grayscale has played a pioneering role in Bitcoin (BTC) accessibility with the launch of the Grayscale Bitcoin Trust (GBTC), marking the creation of this first-of-its-kind Bitcoin fund that investors can access through one familiar investment vehicle BTC.

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.