RuneStone's transaction volume exceeds 5,000 BTC, and Uniswap's daily transaction volume exceeds 3 billion US dollars

Headline

▌RuneStone's total transaction volume exceeds 5,000 BTC

Data shows that RuneStone's transaction volume in the Magic Eden market is currently 2,249 BTC, and its transaction volume in the OKX Web3 wallet market is currently 2,810 BTC, with a total transaction volume of 5,059 BTC in the two markets. The floor price is 0.075 BTC at press time.

▌Uniswap's daily transaction volume climbs and breaks through the $3 billion mark

According to data from The Block, although Uniswap Labs received a Wells notice from the SEC on April 10, Uniswap's daily transaction volume continued to climb over the weekend and broke through the $3 billion mark. Uniswap founder Hayden Adams posted on X that he was not surprised by the Wells notice and would be "ready to fight." It is reported that the US cryptocurrency exchange Coinbase received a Wells notice in March 2023, but there has been no progress so far.

Market

As of press time, according to Coingecko data:

BTC's latest transaction price is $63416.94, with a daily increase or decrease of -3.6%;

ETH's latest transaction price is $3100.46, with a daily increase or decrease of -1.8%;

BNB's latest transaction price is $550.37, with a daily increase or decrease of -2.4%;

ORDI's latest transaction price is $44.03, with a daily increase or decrease of -8.3%；

DOGE's latest transaction price is 0.1614 US dollars, and the intraday change is -0.2%；

SOL's latest transaction price is 138.57 US dollars, and the intraday change is -8.2%。

Policy

▌Central Bank of Fiji: It is prohibited to use cryptocurrencies for payment or investment

The Central Bank of Fiji has warned the public that it is prohibited to use cryptocurrencies for payment or investment. The Central Bank of Fiji said that no license has been issued to any individual or entity to provide cryptocurrency investment or virtual asset transactions.

▌Nebraska man arrested for mining $1 million worth of cryptocurrency by stealing computing power

According to the U.S. Department of Justice, 45-year-old Charles O. Parks III is suspected of stealing $3.5 million worth of cloud computing services and mining $1 million worth of cryptocurrency through a so-called "cryptojacking" scheme. Cryptojacking involves using someone else's computing power to mine cryptocurrency for yourself. According to official government releases, Parks is suspected of defrauding two "well-known" cloud computing providers, conducting wire fraud, money laundering and illegal currency transactions. Parks will make his first appearance in federal court on April 16, and he was initially arrested in Nebraska on April 13.

▌U.S. Senators request an investigation into CFTC Chairman's multiple meetings with SBF

U.S. Senators Elizabeth Warren and Chuck Grassley requested an investigation into U.S. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam's multiple meetings with former FTX CEO Sam Bankman-Fried (SBF). Warren and Grassley pressured the CFTC on SBF, asking Behnam to take inventory of all meetings and communications between his office and SBF. Behna had previously told Congress that he had met with SBF and its team multiple times to process the company's applications to the agency. It is reported that the CFTC confirmed that it had received the letter from Warren and Grassley, but declined to comment further.

▌The first "red notice" person arrested by the Zhenjiang Public Security Bureau in Jiangsu Province, the suspect used virtual currency to engage in pyramid selling involving an amount of more than 100 million yuan

Recently, the Dantu District People's Court of Zhenjiang City sentenced Wang Mou for organizing and leading pyramid selling activities. So far, the case that has lasted for 3 years has finally come to an end. Wang Mou is the first "red notice" person sentenced by the Zhenjiang Public Security Bureau in Jiangsu Province. In March 2021, the Dantu Public Security Bureau of Zhenjiang found that a virtual currency platform called moom was suspected of online pyramid selling. The virtual tokens issued by the platform were listed on various virtual currency exchanges through various means, and the tokens were advertised to the outside world as having broad prospects, constantly attracting members to buy, while the project party made high profits by selling the original tokens in the background. The token rose to a maximum of $10 per coin, and finally fell to a price that was almost zero. Up to the time of the incident, the platform had more than 100,000 registered members and 1,000 levels. The amount involved exceeded 100 million yuan.  

In August 2021, the Zhenjiang Dantu police task force went to Beijing, Fujian, Guizhou, Anhui and other places to arrest suspects, and arrested 12 suspects including Chen, Wu, and Yang. All suspects were sentenced to criminal law. In May 2023, Wang finally returned to China from abroad under the persuasion of the police, becoming the first "red notice" person in the history of Zhenjiang Public Security to return to China and surrender. In April 2024, Wang was formally sentenced.

Blockchain Application

▌Trust Wallet: iOS iMessage has a high-risk vulnerability, it is recommended to disable it until the vulnerability is patched

Trust Wallet posted on the X platform that it found a high-risk vulnerability in iMessage for iOS users, which can invade the user's iPhone without clicking any link. It is recommended to disable iMessages as soon as possible until Apple fixes this vulnerability.

▌Offchain Labs launches Arbitrum BOLD testnet

Offchain Labs announced the launch of the Arbitrum BOLD (Bounded Liquidity Delay) testnet on Monday. BOLD was originally proposed in August 2023 to enable permissionless verification on the Arbitrum chain. BOLD allows users to operate validator nodes and help facilitate the network's consensus process. It can also defend against delay attacks or network security threats, in which bad actors deliberately delay the normal operation of the system by interrupting the data flow. The announcement stated that Offchain Labs expects to propose a proposal to activate BOLD on Arbitrum Sepolia in the near future, followed by a vote count. The launch of BOLD on the public testnet is the first step in the roadmap to get BOLD into a mainnet-ready state and eventually enter Arbitrum One and Nova through DAO voting.

Cryptocurrency

▌Analyst: US spot Bitcoin ETF market size is larger than the entire Hong Kong ETF market

Bloomberg ETF analyst Eric Balchunas said on the X platform that the US spot Bitcoin ETF market size is larger than the entire Hong Kong ETF market. According to Dune data, the current US spot Bitcoin ETF market size is about $54.3 billion, while according to data disclosed by Bloomberg ETF analyst James Seyffart, the entire ETF market size in Hong Kong, China is about $50 billion, the ETF market size in mainland China is about $325 billion, and the US ETF market size is about $9 trillion.

▌Coinbase releases Bitcoin halving commercial: Bitcoin moves money forward

According to Bitcoin Magazine, Coinbase has released a Bitcoin halving commercial, which says: Bitcoin moves money forward.

▌Messari: Livepeer network usage increased by 31% month-on-month, reaching a record high in the first quarter of this year

Messari said in a statement that driven by the live broadcast platform, the usage of the Livepeer network increased by 31% month-on-month and reached an all-time high in the first quarter of 24. In addition to transcoding, Livepeer also plans to introduce AI video computing capabilities to its network.

▌Ordinals developer: Runestone will not pay CEX for Dog's listing fee

Ordinals developer Leonidas said on the X platform that Runestone will not pay CEX for Dog's listing fee. If CEX wants to list Dog, it needs to buy Runestone or Dog from the market.

▌Bloomberg: This Bitcoin halving may have an impact of about 10 billion US dollars on cryptocurrency miners

According to Bloomberg, the next Bitcoin "halving" is expected to occur around April 20, when the number of Bitcoins that miners can earn by verifying transactions per day will be reduced by half. This Bitcoin "halving" may have an impact of about 10 billion US dollars on cryptocurrency miners. In addition, the increasing competition among artificial intelligence companies for preferential electricity rates will also lead to a decline in the income of Bitcoin mining companies after the cost surge.

▌Spot Bitcoin ETFs had a net outflow of about 24.54 million US dollars on April 15

According to Lookonchain data, on April 15, 9 Bitcoin spot ETFs (including Grayscale) had a net reduction of 381 BTC, with a net outflow of about 24.54 million US dollars. Grayscale reduced its holdings by 1,786 BTC, with a net outflow of approximately $115.13 million, and currently holds 314,145 BTC, equivalent to approximately $20.25 billion. BlackRock increased its holdings by 1,663 BTC, with a net inflow of approximately $107.2 million, and currently holds 270,977 BTC, equivalent to approximately $17.47 billion.

▌WorldCoin Foundation: Applications for the community funding program WAVE1 are now open and will end on May 24

The WorldCoin Foundation announced that applications for the community funding program WAVE1 are now open. In Wave1, WorldCoin introduced the following categories: 1. Improving developer experience and tools: solutions and infrastructure that make it easier for other developers to develop on Worldcoin; 2. Digital identity: projects and research based on World ID, or projects and research that make it easier for others to integrate, implement and utilize new applications; 3. Ecosystem growth: community initiatives and activities that drive the global expansion of World ID 4. Governance: projects, research and experiments that leverage WorldID and explore new areas of decentralized governance 5. To be determined.  

Similar to Wave0, applicants can apply for community grants of up to $10,000, project grants of $50,000, and more open projects and RFPs, and related applications need to be submitted before the deadline of May 24, 2024.

Important Economic Dynamics

▌The probability of the Federal Reserve keeping interest rates unchanged in May is 95.4%

According to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in May is 95.4%, and the probability of a 25 basis point rate cut is 4.6%. The probability of the Federal Reserve keeping interest rates unchanged by June is 7.5%, the probability of a cumulative 25 basis point rate cut is 21.7%, and the probability of a cumulative 50 basis point rate cut is 0.9%.

▌BlackRock executive Watson: It is reasonable for the Fed to cut interest rates twice this year

Marilyn Watson, head of global fundamental fixed income strategy at BlackRock, said the company expects the Fed to cut interest rates about twice this year because the resilient economic data and the "unexpectedly strong" labor market prevent the Fed from easing policy faster. "We did expect interest rates to be higher and more persistent at the beginning of this year," Watson said. "We do still think there is a good chance of some rate cuts this year, but I think it is probably quite reasonable to cut interest rates about two times at this point. There is a possibility that they will cut interest rates in June."

▌The three major U.S. stock indexes closed down collectively

The three major U.S. stock indexes closed down collectively, with the Dow down 0.65%, the Nasdaq down 1.79%, and the S&P 500 down 1.2%. Hot technology stocks fell across the board, with Tesla falling more than 5%, Apple, Nvidia, and Meta falling more than 2%.

Golden Encyclopedia

▌What is censorship resistance in blockchain technology?

The anti-censorship features of blockchain include: decentralization, immutable ledgers, transparency, and encryption. Bitcoin's decentralized consensus mechanism, anonymity, and decentralized governance enable it to withstand censorship attempts by any centralized institution and maintain the immutability of its transactions. In the Bitcoin network, miners compete to add transactions to the blockchain and verify them by solving difficult mathematical puzzles. Since the network cannot be controlled by a single party, censorship becomes a challenging task. Any attempt to filter transactions must overwhelm the total processing capacity of the network, which becomes increasingly difficult as the network becomes larger.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment concept and be sure to increase risk awareness.