ETH Weekly | The old version of the Ethereum client had a bug and was fixed; the number of ETH destroyed exceeded 120,000 (8.23~8.29)
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
1. Overall overview
according toThe Block Author | Qin Xiaofeng
1. Overall overview
In terms of the secondary market, the current ETH price may pull back slightly in the short term, with a support level of $3,100 and a resistance level of $3,500.
Second, the secondary market
1. Spot market
According to the data of Okey Cloud Chain masters, the current number of destroyed Ethereum has exceeded 120,000, and the current number of destroyed is 126,357, with a value of over 404 million US dollars. Among them, the top three platforms for the number of ETH destroyed are OpenSea (19,161), Uniswap V2 (8,619), and Tether (6,236).
(ETH daily chart, picture from OKEx)
In terms of the secondary market, the current ETH price may pull back slightly in the short term, with a support level of $3,100 and a resistance level of $3,500.
According to OKEx market data, the price of ETH fluctuated within a narrow range last week, closing at $3,187 during the week, a month-on-month increase of 1%.
(BiNuNiu)
image description
The daily chart shows that the price is on the middle track of the Bollinger Band, with the support level at $3,000 and the middle track of the Bollinger Band at $3,100; the upper resistance level is the upper track of the Bollinger Band at $3,500, and it is expected to hit this point again in the short term.
OKlink dataimage description
OKlink data3. Large transaction
3. Ecology and technology
1. Technological progress
OKlink data
It shows that the number of transfers on the chain decreased slightly last week, and the number of transfers of "above 1000 ETH", "above 2000 ETH" and "above 5000 ETH" decreased by 2.7%, 3.44% and 0.92% month-on-month, respectively. The activity of giant whales has not changed significantly.
OKlink data
3. Ecology and technology
2. Project trends
(1) Data: The number of Ethereum destroyed exceeded 120,000
(2) Multiple platforms donate to the Ethereum client development team respectively
2. Project trends
(1) Poly Network white hat hackers publish private key
On August 23, the white hat hacker of Poly Network released a message to the team through the Ethereum network transfer message, saying that he contributed to the security of Poly Network with his personal style. During the entire negotiation process, its only request and the only reason for the slow refund was the unlocking of USDT. If there were an opportunity to deal with USDT in a decentralized manner, it would be a perfect example of building trust between anonymous "adversaries" by leveraging the power of smart contracts. In addition, he also announced the private key of the multi-signature wallet that the official had previously prepared. In the end, the white hat hacker stated that he would "quit the show" and "had injected the bounty provided by Poly Network and his own compensation funds from the donation into the shared multi-sig wallet. If it is convenient, please distribute the additional assets to 'Survivor', this will be my last personal request." In the previous news, the white hat hackers did not reach an agreement with the Poly Network team and failed to hand over the private key because they questioned that the Poly Network validator had too much authority.
(2) Boba Network, the second-layer expansion solution of Ethereum, announced the integration of DODO
Boba Network, the next-generation Ethereum second-layer Optimistic Rollup scaling solution developed by Enya, announced its integration with DODO, a decentralized exchange and on-chain liquidity provider. Through the partnership, DODO will bring sufficient liquidity to Boba, ensuring the smooth asset flow and growth of the Boba ecosystem. DODO will deploy a fully functional version of the platform on Boba. The main functions of this integration include DODO's SmartTrade and aggregation, crowdfunding pool (Crowdpooling), interested users can contribute liquidity through the crowdfunding pool in exchange for tokens, and provide active trading through DODO vending machines and DODO private pools Liquidity solutions for market makers (PMMs). The integration of SmartTrade with its ecosystem will allow Boba users to trade tokens at the best possible price through DODO's custom routing algorithm combined with 0x and 1inch API. (Businesswire)
(3) Rollup cross-chain bridge HopProtocol launches cross-chain bridge Hoptimism
(4) DeFi lending platform Aave announced that it will soon launch the Aave governance cross-chain bridge tool
The Ethereum Domain Name System (ENS) announced the full integration of the DNS domain name space (DNS Namespace) on Ethereum, allowing any .com domain name to be associated with an Ethereum address. For example, if a user owns example.com in DNS, they can import it into ENS to continue using example.com instead of example.eth. In addition, users are allowed to set up ENS records to receive ETH, BTC and Cryptocurrencies such as DOGE.
3. Borrowing
DefipulseENS said the development of the feature was funded by the Ethereum Foundation and ETC Labs. This is just the beginning of a larger vision for ENS. ENS began as a .ETH domain name for Ethereum addresses, but it has grown into a full-scale extension of DNS, running in parallel and supporting a whole new set of use cases: portable Web3 usernames and settings, payments in any cryptocurrency, and decentralized websites.
(6) OpenSea's transaction volume exceeded US$1 billion for the first time in the past 7 days, with a single-day transaction volume exceeding US$235 million
Polygon Hermez issued a document saying that it is still committed to building a zkRollup-based Ethereum L2 expansion solution. Someday in the future HEZ token will no longer be the utility token of its zkRollup, and MATIC will become the utility token of Polygon Hermez. Polygon has allocated 250 million MATIC tokens to develop Polygon Hermez, with 90 million allocated to investors and the remaining 160 million to initial team supporters and developers. According to the team, the smart contract for merging HEZ and MATIC tokens has been deployed to the Rinkeby test network, and the time for the main network has not yet been determined. 1 HEZ is exchanged for 3.5 MATIC. The process will take some time, and it will mean updating its website, blog, documentation, GitHub repository, and eventually completing the Polygon Hermez rebrand.
(data from etherchain.org)
etherchain.orgFrom the perspective of a single project, the top three lock-up values are: Aave $14.98 billion; Instadapp $11.47 billion; Curve $11.07 billion;
4. News
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(data from etherchain.org)
The data shows that the average computing power rose by 3.3% month-on-month, temporarily reported at 628TH/s; the Ethereum computing power broke through 600 TH/s for the first time, hitting a new high; the average mining difficulty rose by 4.1% month-on-month, temporarily reported at 8075T; Up 3.3%; due to the implementation of EIP-1559, the Ethereum Gas fee was burned, and the total mining revenue decreased by 1.7% month-on-month.
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