headlines
HashKey has finalized Hong Kong spot Bitcoin ETF related infrastructure services
Hong Kong-licensed cryptocurrency exchange HashKey has completed support for product features and related infrastructure services for a potential spot Bitcoin ETF in Hong Kong. Hong Kong could reportedly approve such ETFs as early as next week.
According to on-chain analyst Ember Monitoring, as the market fell in the past two days, the CRV price also fell to $0.42. Curve founder Michael Egorov’s lending position has also entered the red line again.
Michael currently mortgages a total of 371 million CRV (approximately US$156 million) on 6 lending platforms through 5 addresses to borrow US$92.54 million in stablecoins. Because the price of CRV has fallen, Michaels lending positions on various platforms have now entered the dangerous zone. The lending health rate of multiple positions has dropped to around 1.1 (that is, if the CRV price continues to fall by 10% without cover or repayment, liquidation will begin).
According to the latest report released by CoinGecko, there have been 2.52 million cryptocurrencies so far in 2024, which is 5.7 times the number of cryptocurrency types as of the end of 2021 (440,000).
The number of cryptocurrency types exceeded one million for the first time in September 2022, reaching 1.15 million by the end of the year, a year-on-year increase of 159.2%. By the end of 2023, the number of cryptocurrencies increased by 72.3% year-on-year to 1.98 million.
As of early April, more than 540,000 new crypto tokens have emerged in 2024, equivalent to an average of 5,300 new tokens launched per day so far this year. Given that this is more than half of the 830,000 new tokens launched last year, the number of new tokens in 2024 is expected to exceed that in 2023.
Industry News
Feds Daley: There is no urgency to cut interest rates
Fed Daley said there is no urgency to cut interest rates; it is necessary to wait until there is full confidence that the inflation rate will move towards 2% before cutting interest rates; there is no reason to be surprised by the bumpy road of inflation coming back; we are moving towards keeping inflation as gentle as possible The target of falling to 2% has been achieved.
185th ACDE Meeting: EIP 2935, EIP 3074 confirmed for inclusion in Prague Upgrade
The 185th meeting of the Ethereum Core Developers Executive Conference (ACDE) was held. Developer timbeiko.eth compiled the meeting minutes, which include:
EIP 2935 and 3074 have been confirmed to be included in the Pectra upgrade (Prague upgrade);
EOF and EIP 7623 have entered the scope of consideration for inclusion (CFI), and a final decision is expected to be made soon;
EIP-7667 and Verkle migration have been considered for the Osaka upgrade.
Matrixport: Hong Kong Bitcoin spot ETF could unleash up to $25 billion in demand
Matrixport said in a report on Friday: “A Hong Kong-listed Bitcoin spot ETF could attract billions of dollars in funding as mainland Chinese investors take advantage of the Southbound Connect scheme, which could facilitate up to $500 billion annually. yuan (HKD 540 billion, USD 70 billion).”
Matrixport added: “Depending on (potential) available capacity, this could bring up to HK$200 billion, or US$25 billion, to the Hong Kong Bitcoin ETF.”
Security Risk
SlowMist Chief Information Security Officer (CISO) 23 pds posted on the X platform that a spelling mistake on the Telegram official website resulted in another file format bypass execution vulnerability. Users are requested to pay attention to updates and security.
Later, Telegram issued a response to the relevant incident on the
According to the official website of the U.S. Department of Justice, Damian Williams, U.S. Attorney for the Southern District of New York, announced that SHAKEEB AHMED was formally sentenced to three years in prison by U.S. District Judge Victor Marrero for hacking two independent decentralized cryptocurrency exchanges and stealing more than $12 million in cryptocurrencies. AHMED previously pleaded guilty to computer fraud. Damian Williams said, “This is the first time ever that someone has been convicted of a smart contract hack and ordered to forfeit all stolen crypto. As today’s sentence demonstrates, jail time and forfeiture of all stolen crypto is The inevitable consequences of this destructive hacking.
Project News
EigenLayer: Following EigenDA, six new AVS are online
EigenLayer said in , Witness Chain focusing on DePIN services, and Xterio, a gaming service.
The Anza team responsible for handling Solanas congestion problem announced on
Runestone’s total trading volume exceeded 2,000 BTC
Magic Eden data shows that the total turnover of Runestone has exceeded 2,000 BTC and is currently 2,000.3 BTC; the floor price is now quoted at 0.076 BTC, and the number of held addresses is approximately 77,000.
In response to the previously mentioned upgrade plan, Jupiter co-founder Meow posted on the A major update is expected to address the oracle pain points currently plaguing our perpetual contract product. Radical steps are needed and are absolutely critical at this time.”
Tether’s tokenization platform is about to be available to everyone
Paolo Ardoino, CEO of Tether, announced on the .
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