According to iChainfo statistics, nearly two-thirds of the tokens on the WazirX hacker address have been transferred, and the remaining token amount is less than 5 million US dollars.

The Cancun upgrade greatly reduced the operating costs of Dapp Rollup, and encouraged more Dapps to adopt the Rollup paradigm for reconstruction.

Economic security, as part of the security component, can protect the activity of the network. It is the form of security that users can most directly feel and can best protect the core value of Ethereum.

The market is generally bullish on ETH prices.

Coinbase will provide custody services for eight U.S. spot Ethereum ETFs.

Grayscale’s new mini ETH ETF could slow ETHE outflows.

Yesterday morning, the Democratic presidential candidate Biden suddenly announced his withdrawal from the election on Twitter, which caused a shock in the crypto market. In terms of options, the implied volatility has recently shown a general trend of fluctuating upwards. Due to poor liquidity over the weekend, the IV fluctuations caused by the latest news event appear to be more severe.

Currently, these ETFs do not provide pledge services. Due to liquidity issues of pledge, pledge functions may be added in the future, but it will take some time.

The total locked value (TVL) of the liquidity staking market has exceeded US$50 billion.

Avail will be launched on the mainnet on July 23.

Hot events in the AI and Meme tracks deserve investors' close attention.

Ethereum's scalability is making major breakthroughs through Layer 2 solutions and one-click multi-chain technology. The verification complexity and high cost issues faced by cross-chain asset transfers have led to the emergence of a variety of bridging solutions on the market, such as OP Stack, Elastic Chain, and AggLayer. Elastic Chain achieves seamless interoperability through ZK technology, AggLayer provides unified bridging and security services with the help of shared sorters, and Optimism's Superchain has taken the lead in occupying the market. In the future, DeFi will still be the main application area, and SocialFi and NFT markets are also expected to emerge on Rollup. Overall, resources will be concentrated on the top projects, and the Matthew effect is obvious.

The Crypto market is in a rebound trend this week, and the sector rotation effect is obvious.

In the past week, the prices of Bitcoin and Ethereum rose for 6 consecutive days, while the volatility and trading volume of these two cryptocurrencies reached the highest level when they rose on July 16. The open interest of Bitcoin and Ethereum is declining. In addition, the implied volatility of Bitcoin and Ethereum also rose simultaneously. Bitcoin's funding rate remains at a low level, which may reflect the continued low leverage sentiment of market participants towards Bitcoin. The market breadth indicator shows that most cryptocurrencies have rebounded and risen, indicating that the overall market has rebounded from lows in the past week.

Five lessons on where the Ethereum and Web3 ecosystem is headed.

Optimism remains high and the general consensus is that we could see a bull run in the fourth quarter.