| Bitcoin completes Taproot upgrade; OpenSea has destroyed more than 100,000 ETH (November 15)

秦晓峰

Odaily资深作者

@QinXiaofeng888

2021-11-15 08:00 (UTC+8)

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Data: 72% of SHIB wallet addresses are in profit.

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Data: 72% of SHIB wallet addresses are in profit.

headlines

According to the data of the masters on the Okey Cloud chain, Bitcoin reached the block height of 709632 last night, completing the Taproot upgrade. The Taproot upgrade is a soft fork on the Bitcoin network, activated at Bitcoin block height 709632. The upgrade allows complex transactions to be executed like ordinary Bitcoin transactions, thereby enhancing Bitcoin's privacy, reducing multi-signature transaction fees and making it easier to deploy.

digital currency

Cryptoquant CEO: BTC whales are on the move, average transaction volume soars 5x

Cryptoquant CEO Ki Young Ju tweeted that BTC whales are moving. That's the biggest move seen since 2017, excluding outliers. The average number of trades skyrocketed 5x, and if you look at the money-to-flow ratio, it seems like most of the big trades are not coming from exchanges.[Original link]

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Raydium's total trading volume exceeds $30 billion

According to official data, the total transaction volume of Raydium has exceeded 30 billion US dollars and is currently 30.032 billion US dollars.

According to official news, the Kusama parachain Moonriver Network network transaction volume exceeded 8 million, becoming Kusama's leading parachain.[Original link]

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According to Ultrasound data, OpenSea has destroyed more than 100,000 ETH. Note: Since EIP-1559 was introduced in the upgrade of Ethereum London, the Ethereum network will dynamically adjust the basic fee of each transaction according to the transaction demand and block size, and this part of the fee will be directly burned and destroyed.

UXD Protocol, the Solana ecological algorithmic stablecoin protocol, raised more than $57 million for the insurance fund

The Solana ecological algorithm stablecoin protocol UXD Protocol announced to raise USD 57,086,131 for the insurance fund through IDO, and said that the insurance fund has sufficient funds to withstand the funding rate of the bear market and will increase the utility of UXD. The insurance fund will first invest in Saber and Mercurial Finance stable currency swap LP tokens to obtain income, and then the income will flow into the insurance fund. These funds will be distributed in half to Saber’s USDT-USDC pool and Mercurial Finance’s wUSD 4Pool. In the future, the insurance fund will invest in the UXD-USDC pool to increase the liquidity of UXD.

Cream Finance will distribute more than 1.45 million CREAM to users affected by the attack

The DeFi mortgage lending agreement Cream Finance, which was previously attacked by flash loans, issued a document stating that it will issue 1,453,415 CREAM tokens to affected users. Cream Finance will utilize the remaining tokens of its Treasury and remove the entire CREAM token allocation remaining for the project team. Affected users can claim tokens through the app.cream.finance/claim website within 1 year. Users who successfully file a full insurance claim with Nexus Mutual or Bridge Mutual will not be eligible to claim CREAM; if they get a partial claim, they can claim according to the remaining proportion.

Despite the increased price volatility of the meme cryptocurrency Shiba Inu (SHIB) in recent days, the majority of token holders are still in the black. According to the on-chain data provided by Intotheblock.com, as of press time, the price of SHIB is $0.000051, and 72% of SHIB wallet addresses are making profits. (Finbold)

Blockchain industry

Investment and Financing

Spectral, an Ethereum-based programmable reputation protocol, completes $6.75 million in financing, led by Polychain Capital

Spectral develops infrastructure for assessing credit risk in Web3 and lays the framework for a new asset class of programmable reputation. Spectral's first product is an on-chain credit score that provides lenders with an improved mechanism for assessing borrower risk and grants users full control over their identity and pseudonym on the blockchain. (Globenewswire)
Spectral develops infrastructure for assessing credit risk in Web3 and lays the framework for a new asset class of programmable reputation. Spectral's first product is an on-chain credit score that provides lenders with an improved mechanism for assessing borrower risk and grants users full control over their identity and pseudonym on the blockchain. (Globenewswire)

global policy

Source: Indian government to take 'gradual' approach to regulation of cryptocurrencies
After Indian Prime Minister Narendra Modi chaired a meeting on the future of cryptocurrencies in the country, sources told media outlet Asia News International (ANI) that while the government recognizes the risks associated with cryptocurrencies, it intends to take “actions” on the issue. Progressive" and "forward-looking" steps. ANI tweeted: "There is a strong sense that attempts to mislead young people through promises and opaque advertising should stop. There is also agreement that the government's approach to cryptocurrencies and related issues will be incremental and forward-looking sexual."
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