According to DefiLlama data, there is approximately $46.97 million in on-chain loan liquidation volume for Ethereum at around $1,463.

According to DefiLlama data on August 22, the protocol fee of friend.tech reached 1.68 million US dollars in 24 hours, ranking second only to Ethereum, surpassing Lido and Tron.

According to analytics firm IntoTheBlock, Ethereum layer-2s are thriving despite the bear market. The firm highlights Optimism, Arbitrum, and Base as the hottest layer-2s. Coinbase's Base has been a standout, surpassing Optimism in daily transactions shortly after launching. IntoTheBlock notes that the layer-2 ecosystem has been showing healthy fundamentals throughout the market volatility and is poised to benefit greatly from the implementation of the Dencun upgrade.

Prominent esports influencers, including FaZe Banks, FaZe Rain, and Nadeshot, have earned significant passive income on the new crypto platform Friend.tech. The platform, which operates on the Base network, allows users to trade "keys" of various individuals and grants key buyers access to a dedicated group chat. As keys are bought and sold, the individual whose keys are being traded receives a small percentage of the sale in Ethereum. The platform remains invite-only for now, and it's unclear when it will be opened up to a broader audience.

According to DefiLlama data, in the past 24 hours, friend.tech has generated nearly $710,000 in protocol revenue, ranking first among DApps, surpassing well-known DeFi protocols such as TRON and Uniswap, and second only to Ethereum and Lido.

On August 21st, according to an official announcement, Binance has completed the integration of Pancake Swap (CAKE) on the Ethereum (ERC20) network and Kyber Network (KNC) on the Polygon network. Deposits and withdrawals of Pancake Swap (CAKE) and Kyber Network (KNC) tokens are now open on the Ethereum (ERC20) and Polygon networks respectively.

Data released on the official social media of the Ethereum Layer 2 solution zkSync shows that the TPS (transactions per second) of the zkSync Era network has reached a record high of 13.44, surpassing other competing chains such as Ethereum (12.05), Base (7.69), Arbitrum One (7.38), Starknet (5.23), and OP Mainnet (4.43).

According to a report by Trust News, HashKey, a licensed virtual asset platform approved by the Hong Kong Securities and Futures Commission earlier this month, will launch a trading platform application for retail investors on August 28. Livio Weng, CEO of HashKey Group, stated in an interview that initially, retail investors can invest in Bitcoin and Ethereum, and investment in virtual assets will be limited to no more than 30% of total assets.

Golden Finance reported that with the retirement of the Ethereum Goerli test network in January 2024, a new Ethereum test network named "Holesky" will launch next month. The name still follows the tradition of naming test networks after train stations, and the name "Holesky" comes from a subway station in Prague called Nádraží Holešovice. Although Holesky is designed to be very similar to Sepolia, its purpose is more focused on infrastructure and protocol development. Meanwhile, Sepolia will still be the preferred testing ground for Ethereum-based applications. Unlike Sepolia, Holesky will have a fixed supply of test network tokens. However, the upper limit of 1.6 billion is still far higher than the total supply of ETH on the mainnet, which is currently around 120 million.

Billy Markus, co-founder of Dogecoin, recently interacted with the crypto community on social media platform X, revealing his personal preferences for virtual currencies and disclosing the technical foundation of Dogecoin. Markus emphasized the importance of cautious investment and stated that his first principle for investing in cryptocurrencies is to never invest more than you are willing to burn in the fire. In addition, Markus revealed that he favors Bitcoin (BTC) and Ethereum (ETH), the two leading cryptocurrencies in terms of market value. Markus expressed his opinion on Dogecoin straightforwardly, likening it to "Bitcoin wearing a dog costume" and emphasizing the fun spirit of Dogecoin.

Citing people familiar with the matter, the U.S. Securities and Exchange Commission (SEC) may approve multiple Ethereum futures exchange-traded fund (ETF) applications at the same time. Since July, regulatory agencies have received a large number of applications from investment companies, including requests combining futures Bitcoin (BTC) and Ethereum strategies. As of now, the U.S. Securities and Exchange Commission has not instructed these companies to withdraw their applications, which is different from similar applications being instructed to withdraw by companies in 2021. According to sources from The Wall Street Journal, this indicates that regulatory agencies will not prevent the launch of the fund within a few weeks. At least 16 Ethereum or Bitcoin-Ethereum futures ETF applications are waiting for regulatory approval.

According to NFTGo data, the number of buyer addresses in the Ethereum NFT market in the past 24 hours was 4,791, and the number of seller addresses was 4,344. In the past 30 days, the number of profitable addresses was 53,541, and the number of losing addresses was 442,790. In addition, the current sentiment index of the Ethereum NFT market is 20, with a level of "Cold".

According to the news from TechFlow, BTCX Token based on Ethereum has announced its token economics. The total supply of BTCX is 21 million, of which:25% (5.25 million tokens) is used for pre-sale;41% (8.61 million tokens) is used for destruction;24% (5.04 million tokens) is used for staking rewards;10% (2.1 million tokens) is used to promote liquidity.

Ethereum sidechain Ronin Network announced a partnership with cryptocurrency exchange service provider Onmeta.This partnership will give Ronin users more options, allowing them to exchange RON, SLP, and AXS with fiat currency on Ronin.Onmeta supports various local payment methods in India's UPI and the Philippines, allowing for small and fast transactions.

Crypto analyst Adam Cochran recently highlighted that the US Securities and Exchange Commission (SEC) approving an Ethereum futures exchange-traded fund (ETF) implies the acknowledgment that Ethereum itself is not a security. Cochran argued that the SEC cannot simultaneously argue that ETH is an unregistered "crypto asset security" and approve an ETH Futures ETF.

According to DefiLlama data, there is approximately $51 million in on-chain loan liquidation volume for Ethereum around $1517.

On August 18th, Tim Beiko, a core developer of Ethereum, summarized the latest Ethereum core developer execution meeting (ACDE), which included updates on Devnet 8 progress, ElP-4788, Holesky test network, EIP editing, and the newly proposed EIP-7212 (secp256r1 precompiled). Tim Beiko also stated that the next ACDE is scheduled for August 31st at 22:00 Beijing time.

August 18th, Bitcoin's market share fell to 46.61%, with a daily decline of 0.61%; Ethereum's market share is currently reported at 18.2%; the market share of the stablecoins USDT, USDC, and BUSD are 7.44%, 2.35%, and 0.3%, respectively. The current total market value of cryptocurrencies on the entire network is reported at 11 trillion US dollars, with a 24-hour decline of 6.2%.

According to OKX market data, Ethereum rebounded and briefly broke through $1700, currently priced at $1691, with a 24-hour decline narrowing to 6.71%.

According to the market, Ethereum has fallen below $1800 and is currently trading at $1799.2, with a 24-hour decline of 1.62%.