ETH Weekly Report | Ethereum ProgPoW audit funds approved; Societe Generale issued 112 million US dollars in bonds on Ethereum (4.22-4.28)
Produced by Odaily
Author | Qin Xiaofeng
Editor | Lu Xiaoming
1. Overall overview
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For more details, please read below.
For more details, please read below.
Second, the secondary market
1. Spot market
Second, the secondary marketHuobi Pro
(Picture from Huobi Pro)
2. Fund flow
2. Fund flow
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(Data from AIcoin, compiled daily by Odaily)
The net outflow of ETH funds from the entire network this week was 120 million US dollars, a month-on-month decrease of more than 400%. From the historical trend, the net outflow of funds has increased, and the price may fluctuate and pull back in the short term.
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Tokenview dataTokenview data
It shows that the number of large-value transfers on the ETH chain this week has increased significantly compared with last week, and the transfers of "above 5,000 ETH" and "above 10,000 ETH" have increased by 20% month-on-month; in addition, the time period with the largest number of transfers is concentrated on Friday (April 26).
It is worth mentioning that on Friday, the Bitfinex exchange was exposed to a loss of 850 million US dollars, using Tether's funds to cover the difference secretly, causing panic in the market. The number of large-value transfers of "more than 50,000 ETH" reached 8 times on that day, and all transfers were transferred from Bitfinex.
3. Ecology and technology
1. Development and technology
3. Ecology and technology
1. Development and technologyEthereum ProgPoW Audit Funding ApprovedAnnounced that funding for auditing ProgPoW code changes has been approved. The fund was previously crowdfunded through Gitcoin, an open source bounty platform, and the target amount of 50,000 DAI (about 50,000 U.S. dollars) has been fully realized.
2.Dapp
according toDappreview dataDappreview data
DappraderThe data shows that the newly added Dapp with the highest seven-day transaction volume "Mango Dice, the cumulative number of Dapps developed on the ETH chain has reached 1638, and 14 new Dapps have been added this week; however, only 7 of the newly added Dapps have users.Mango Dice", the trading volume is only 5.46 ETH, and the seven-day DAU is only 42 people.
3. Mining
Data from Dapprader shows that "gambling quiz" and "exchange" are still the two applications with the highest daily activity and transaction volume in the current ETH Dapp ecosystem, while "game" is currently performing unsatisfactorily.
3. Mining
(Data from etherchain.org, Odaily drawing)
etherchain.orgimage description
(Mining difficulty changes)
4. News
(Mining difficulty changes)
1. Informed sources revealed that Samsung is developing a blockchain mainnet based on Ethereum[Original link]
According to people familiar with the matter, Samsung Electronics’ blockchain working group is developing a Blockchain Mainnet based on Ethereum. If the development of the mainnet is completed, there is a high possibility that Samsung will issue “Samsung Coin”.
2. The Ethereum domain name system will undergo a major upgrade to convert domain names into non-homogeneous tokens[Original link]
The domain name system of the ethereum blockchain network is preparing for a major upgrade early next month. The core of this upgrade is to replace the registrar of the Ethereum name service to speed up the process of registering ".eth", ".xyz" and ".lux" domain names. What's more, domains registered on ENS will be treated as non-fungible tokens (NFTs), allowing them to be purchased and exchanged like other NFTs on the Ethereum network.
3. Protocol Labs partners with the Ethereum Foundation to develop a verifiable delay function[Original link]
Filecoin owner Protocol Labs announced in a blog post that the company is working with the Ethereum Foundation to develop Verifiable Delay Functions (VDFs). In February, the Ethereum Foundation denied plans to spend $15 million on VDF development for the transition to a proof-of-stake network.
4. CryptoKitties development company launches smart contract wallet Dapper[Original link]
Dapper Labs, the development company of Ethereum cat game CryptoKitties, launched Dapper, a smart contract wallet. Dapper can monitor abnormal behavior, such as sending large sums of money to abnormal addresses, activities in infrequently active areas, and requests to clear accounts.
5. Société Générale issues $112 million in bonds on the Ethereum blockchain[Original link]
French financial services giant Societe Generale has issued $112 million worth of bonds in the form of security tokens on the Ethereum blockchain. The bond has a term of five years, with an extension period of 12 months, and PwC provided technical advice on the project.
6. Data shows: Tether newly issued 240 million USDT in Ethereum in April
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