Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry dynamics. This article is a project weekly, taking you to see the progress of mainstream projects and star projects this week.
Bitcoin
Binance Australia General Manager: Halving has a positive impact on BTC trading
According to Binance's research, before the upcoming global Bitcoin halving, investment sentiment is expected to improve, valuations will be higher, and trading volume will increase.
The study surveyed more than 2,000 Australian cryptocurrency investors and showed that more than 80% of respondents believed that the upcoming halving would be good for the industry, and more than half expected the price of BTC to rise as a result.
Ben Rose, general manager of Binance Australia and New Zealand, said that it is gratifying that our Australian customers are very knowledgeable about the halving, and 85% of them believe they understand the situation. The results also show that halving has a positive impact on BTC trading, with nearly 80% of Binance Australia users planning to increase their BTC holdings in the near future, an important built-in inflation hedge as we deal with inflationary pressures and rising interest rates. With only 21 million coins in existence, the asset mimics the scarcity of precious commodities such as gold. This has caught the attention of institutional investors, who are increasingly recognizing that cryptocurrencies can be part of a diversified portfolio.
Vitalik: Toki Pona is the "Language BTC" in Spirit and Design Concept
Ethereum co-founder Vitalik said via the Warpcast platform that English is the "Language BTC" in some ways (mainly: network effects), but not in others. The best candidate for the "Language BTC" in spirit and design concept is Toki Pona, a language with a small vocabulary that can fit on a poster, but it is very difficult to actually express complex things with it.
Hong Kong citizens can directly use securities accounts to purchase spot BTC and ETH, without opening an account on the exchange
The Hong Kong Securities and Futures Commission has approved at least three fund companies to cooperate with licensed exchanges to allow citizens to purchase spot Bitcoin and Ethereum with securities accounts. Currently, investors who want to buy virtual currencies need to open an account at a virtual currency exchange. Several fund companies announced that they have been granted licenses by the Hong Kong Securities and Futures Commission to cooperate with two licensed exchanges on the market to launch virtual asset fund products, that is, citizens can directly use securities accounts to purchase spot Bitcoin and Ethereum, without opening an account on the exchange. Some industry insiders believe that the measures will help promote the development of virtual asset transactions and increase tax revenue.
GBTC's Bitcoin holdings have decreased by 50% since the launch of the spot BTC ETF
According to Grayscale's disclosure as of Monday, since the launch of the spot BTC ETF on January 1, its Bitcoin holdings have subsequently fallen by about 50% to around 311,621 Bitcoins. In terms of market share of Bitcoin holdings, BlackRock's IBIT and Fidelity's FBTC spot ETFs have been the main beneficiaries.
Data shows that as of yesterday, GBTC's market share has dropped from 100% on the day of issuance to 37.3%. During this period, IBIT has gained a 32.2% share, and FBTC ranks third with a 17.8% share. The total assets held by all US spot Bitcoin ETFs are currently close to 840,000 BTC, accounting for more than 4% of the total supply of 21 million Bitcoins.
Ethereum
EY launches contract management solution OCM on Ethereum
On April 18, EY (Ernst & Young), one of the Big Four accounting firms, announced the launch of EY OpsChain Contract Manager (OCM), a blockchain-based contract management solution. The solution leverages the security and accessibility of the public Ethereum blockchain to achieve data privacy through zero-knowledge proof (ZKP) technology, enhance contract integrity and reduce value leakage.
Ethereum's market value was overtaken by Tencent and fell to 32nd place in the global asset ranking
As the price of Ethereum fell below the $3,000 mark this morning, its market value also fell to about $360.83 billion. According to 8MarketCap data, Ethereum has been surpassed by Tencent (market value is about $367.6 billion) and fell to 32nd place in the global asset ranking.
The 132nd Ethereum ACDC meeting: Discussing Pectra developer test network, Electra-related unresolved issues
On April 19, Ethereum developers held the 132nd ACDC conference call. Developers discussed preparations for the first Pectra developer test network (PectraDevnet0) and discussed related specifications and two research projects. Developers also discussed unresolved issues related to Electra, including EIP7251 and EIP7549. In response to these problems, developers proposed solutions and plan to finalize them this week. In addition, a new EIP was discussed to create a universal EL request to simplify the message transmission process. Developers plan to finalize the EIP and share its specifications by the end of this week.
Ethereum Protocol Heroglyphs Releases White Paper V0
Ethereum protocol Heroglyphs announced the release of white paper V0, intending to use new tokens to incentivize ETH independent stakers, while also adding some PoW (proof of work) elements to Ethereum's PoS (proof of equity). It is reported that Heroglyph mining will ensure that all complete validators can receive participation rewards, regardless of the size of their stake or whether they are selected as block proposers. In addition, Heroglyphs White Paper V1 is scheduled to be released this Friday.
Other projects
DEX Drift on Solana plans to airdrop 100 million DRIFT tokens
The Drift website and people familiar with the matter revealed that the Drift protocol, a decentralized exchange based on Solana, plans to launch the DRIFT governance token, airdrop assets to users within a few weeks, and establish a token-based governance structure. The new token follows a three-month points plan, and most of the 100 million tokens in this airdrop will go to long-term users of Drift. In DRIFT's token economic model, 10% of the total supply of DRIFT will be allocated to users, 22% to venture investors, 43% of the tokens will be used for ecosystem development (which may include trading rewards, liquidity incentives, and future airdrops), and 25% of the tokens are reserved for protocol development paid to Drift contributors.
Meta launches educational metaverse for children aged 13 and above
Meta announced on April 15 that it is bringing its enterprise-level virtual headset Quest service to the education field and launching an educational metaverse for children aged 13 and above. It is reported that the name and details of the relevant new products will be announced in the "coming months" and are expected to be fully launched by the end of 2024.
BSquared Network announces that the mainnet is online
On April 17, Bitcoin Layer 2 network BSquared Network stated on the social platform that the mainnet has been launched. Users can bridge BTC from Bitcoin to the BSquared Network mainnet, and transfer assets between EVM addresses and BTC addresses on the BSquared Network mainnet through Particle Network's account abstraction.
Eigenlayer Ecosystem HackAVS Announces First Group of Judges
On April 17, the first global hackathon HackAVS of the Eigenlayer ecosystem organized by the cutting-edge technology sharing community Hacker Dōjō announced the first group of judges last night. Austin King, co-founder of Omni Network, David Cao, co-founder of Layer N, Dimitiy Berenzon, partner of Archetype, Xavier Meegan, founder of Frachtis, Dougie, partner of Figment Capital, and Zaki Mamian, core member of Cosmos. This HackAVS global hackathon will be held on April 23 at the global geek sports platform DoraHacks.io. Developers can register and submit BUIDL through the following link.
Layer1 Blockchain Nibiru Chain Launches $15 Million Developer Grant Program
Layer1 Blockchain Nibiru Chain launches a $15 million developer grant program, of which $5 million will be specifically for projects outside of Asia. The funds will be paid in Nibiru's NIBI token, with single NIBI grants ranging from $5,000 to $50,000. Successful applicants will also receive mentorship support (and possible additional funding) from the venture capital firms behind Nibiru, including Tribe Capital, NGC Ventures, ArkStream, and others.
Starknet Ecological Lending Protocol zkLend Announces the Launch of ZEND DAO
On April 18, Starknet Ecological Lending Protocol zkLend announced the launch of ZEND DAO on the X platform. It has begun accepting Open Call applications. It is reported that joining DAO to spread zkLend news in Web3 space can obtain ZEND rewards.
Xu Lin
JinseFinance
Huang Bo
Zoey
Edmund
Others
Cointelegraph
Bitcoinist