ETH Weekly | MGC arbitrage moves brick wallets or runs away, 70,000 ETHs are stolen; Ethereum 2.0 phase 0 will be released on January 3, 2020 (6.10-6.16)
Author | Qin Xiaofeng
Produced | Odaily
Produced | Odaily

1. Overall overview
1. Overall overview
This week, Ethereum 2.0 researcher Justin Drake said that they will have a phase 0 specification freeze on June 30 in about two weeks; The 11th anniversary of the Bitcoin genesis block (January 3, 2009).
Second, the secondary market
Second, the secondary market
1. Spot market
1. Spot marketimage description

(Picture from Huobi Pro)
(Picture from Huobi Pro)
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(data from AIcoin)
(data from AIcoin)

In terms of funds, the funds fluctuated greatly this week. The net outflow of funds was the largest on Thursday, exceeding US$60 million; the net inflow of funds on Wednesday was relatively high, reaching US$160 million.
(data from Tokenview)

(data from Tokenview)
Tokenview dataIt shows that the number of transfers "more than 5,000 ETH" and "more than 10,000 ETH" has risen sharply, with a month-on-month increase of 77% and 220% respectively; in addition, the time period with the largest number of transfers is concentrated on Saturday (June 15).

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(more than 50,000 ETH transfers)LockdropIn addition, the number of transfers of "more than 50,000 ETH" decreased by 40% month-on-month; Odaily found that 5 of the 6 transfers were between Binance wallet addresses, and the other was transferred to a Lockdrop address.3. Ecology and technology。
3. Ecology and technology
1. Development and technology
Ethereum 2.0 phase 0 will be released on January 3, 2020 and will support PoS
according to
2.Dapp
according toDappreview data, the cumulative number of Dapps developed on the ETH chain has reached 1,719, and 9 new Dapps have been added this week; 5 of the newly added Dapps have users.
DappraderThe data shows that the newly added Dapp with the highest seven-day transaction volume "Treasure ExchangelThe data shows that the newly added Dapp with the highest seven-day transaction volume "
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(data from etherchain.org)
etherchain.org(Mining difficulty changes)

(Mining difficulty changes)

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It is worth noting that this week’s computing power began to drop sharply from June 14 (Friday), a drop of 10%; the average computing power of the entire network was 138.4 TH/s, a month-on-month decrease of 14%;
4. News
4. News
1. MGC arbitrage moved brick wallets or ran away, 70,000 ETH was stolen
According to CoinHunter's monitoring, the founder of the MGC wallet project is transferring users' digital assets in large quantities. As of June 14, the funds involved in the case were about 70,000 ETH (124 million yuan), and the transfer amount is still growing rapidly. (CoinHunter)
2.PeckShield: Tether newly issued 100 million USDT on the Ethereum network
3. Energy company Ziyen tokenized oil and applied for STO with the US SEC
4. Encrypted payment processor Numifex can now handle online payments of BTC and ETH
5. Crypto Payroll Provider Bitwage Supports ETH
6. The stable currency DAI joins the Coinbase Earn program
7. V God: In 2019, the development speed of Ethereum has become faster, and the team has reached the highest level of productivity after honing
V God said in an interview recently that in 2018, the Ethereum Foundation took many measures to increase the overall development speed. After a long period of training, all teams have now reached the highest level of productivity. At the same time, V God said that the biggest challenges of Ethereum at present are the two levels of scalability and consensus algorithm. At present, the security and scalability of the platform can be redesigned through the PoS consensus algorithm and Sharding (sharding). (Blockchain Base Camp)


