1. Uniswap's proposal to deploy Uniswap V3 on Taiko mainnet is officially approved
The proposal to deploy Uniswap V3 on the Taiko mainnet was officially passed, receiving 44.06m votes in support. It is reported that the number of voters for this proposal reached 4,000+, which is the largest number of participants in the previous year. The proposal to deploy Uniswap V3 on the Taiko mainnet is in progress. If passed, Uniswap V3 support will enable Taiko community contributors and developers to integrate Uniswap into their projects.
2. Ethereum stablecoin transaction volume exceeds $1 trillion so far in April, setting a new record
According to data from The Block on April 29, as of April 28, the transaction volume of stablecoins on the Ethereum chain reached 1.08 trillion US dollars in April, a record high. Among them, DAI's transaction volume was 578.07 billion US dollars, ranking first; USDC ranked second with a transaction volume of 268.15 billion US dollars, and USDT ranked third with a transaction volume of 198.62 billion US dollars.
3. EU member states are preparing to implement the MiCA Act, and cryptocurrency companies should pay close attention
EU member states are about to implement MiCA laws, requiring national regulators to license and supervise cryptocurrency service providers. Countries can implement slightly different technical standards, and cryptocurrency companies should pay close attention to the advice of policy observers. Specialized rules for stablecoin issuers under MiCA will take effect in a few months, followed by licensing and other requirements for cryptocurrency companies. Cryptocurrency regulation in some countries will be undertaken by central banks, and many regulators are strengthening teams or training personnel to meet the challenges posed by MiCA.
4. Australian Exchange expects to approve spot Bitcoin ETF by the end of 2024
Australia is set to follow in the footsteps of the U.S. and Hong Kong to launch a bitcoin ETF. ASX Ltd., which handles about four-fifths of the country’s stock trades, is expected to approve the main board’s first spot bitcoin ETFs by the end of 2024, according to people familiar with the matter who asked not to be named. Sydney-based BetaShares is working to launch a product on the Australian Securities Exchange, a spokesman said in an interview. Another local company, DigitalX Ltd., said in its half-year results in February that it had applied. Justin Arzadon, head of digital assets at BetaShares, said U.S. inflows prove digital assets are here to stay. Arzadon added that the company has reserved ASX tickers for spot bitcoin and spot ethereum ETFs.
5. Hong Kong virtual asset spot ETF is launched today
Today, six virtual asset spot ETFs were launched in Hong Kong. The six virtual asset spot ETFs issued this time are from China Asset Management (Hong Kong), Bosera International, and Harvest International. The three institutions have certain differences in product fees, transactions, issuance, virtual asset platforms, etc. It is reported that mainland Chinese investors are currently unable to participate in the purchase and sale of virtual asset spot ETFs. However, mainland Chinese holding Hong Kong identity cards, even if they are not permanent residents of Hong Kong, can participate in the transactions of the above ETFs under compliance.
6. Liquid staking derivatives protocol loses 60,000 Ethereum in the past two weeks
The Liquid Staking Derivatives (LSD) protocol has lost 60,000 ETH worth over $198 million in the past two weeks, including 40,000 ETH withdrawn by Lido. As of April 15, 2024, 27 different LSD platforms held 13.15 million ETH, which has now dropped to 13.09 million ETH, currently worth $43.01 billion. LSD protocol Lido remains the largest holder of ETH in LSD, with 9.35 million ETH, accounting for 71.41% of the total market share. Two weeks ago, Lido reported holding 9.39 million ETH, and that number has since decreased by 40,000. Another LSD platform, Rocket Pool, saw a slight increase in ETH from 1.13 million to 1.14 million. As of Sunday, Binance Pool also saw a slight increase, from 896,355 ETH to 896,406 ETH.
7.Santiment: Ethereum fees hit a 6-month low, indicating that the alt season is coming
Santiment, an on-chain and off-chain indicator intelligence platform, said that despite the rising price of Ethereum, the gas fee on the Ethereum network has fallen to a six-month low, which may indicate an upcoming altcoin rally. Trader sentiment tends to peak at market tops and trough at market bottoms. In February of this year, Ethereum's gas fees reached an eight-month high, and the current low fees may indicate an increase in Ethereum network activity in the future and the beginning of an altcoin rally.
8.io.net releases security incident analysis report: IO tokens will still be launched as planned
Ahmad Shadid, founder and CEO of Solana Ecosystem DePIN Protocol io.net, released a post-mortem analysis of the April 27 incident report on social media and said: "In the past 120 hours, io.net has been committed to weeding out witch attackers, rolling out multiple security patches, and building new security models to prevent future incidents. The network infrastructure is now fully operational and operating normally." In addition, Ahmad Shadid said: "io.net is a team of more than 100 people who are cleaning up fake GPUs and making the indicators displayed in the user interface clearer. io.net puts security and stability first, and io.net operates in a transparent manner. Our business team is currently coordinating the restart of the network, prioritizing supplier relationships, and restoring the supply of the network as soon as possible. We will still launch IO Cloud v2 and IO tokens as planned. This attack is a painful lesson for me, and I apologize to the community. Most of the criticisms io.net has received are reasonable, and we will continue to improve the network based on community feedback."
