According to PeckShield monitoring, the Uranium Finance attacker bridged approximately 2 million USDC from BNB Chain to Ethereum and exchanged it for about 1075.6 ETH, then transferred 1000 ETH to Tornado Cash.Previously, on April 28, 2021, hackers stole tokens worth about $50 million from Uranium's pairing contract.

PeckShieldAlert monitoring shows that the address marked by the attacker of Uranium Finance has transferred 2 million USDC from BNB Chain to Ethereum and exchanged them for approximately 1,075.6 ETH, and then transferred 1,000 ETH to Tornado Cash.

August 16th, according to market data, most of the altcoins experienced a certain degree of decline early this morning, with limited declines in Bitcoin and Ethereum. As of press time: · Bitcoin is now priced at $29,219, with a 24-hour decline of 0.8% · Ethereum is now priced at $1829, with a 24-hour decline of 0.88%.

According to the monitoring of Paiduin, Voyager transferred approximately $9.4 million worth of cryptocurrency to Coinbase on Ethereum in the past 24 hours, including 3,000 ETH, 200 billion SHIB, 2.3 million MANA, 932,000 SAND, 135,000 APE, and 1 million BAT, and received approximately 21 million USDC from Coinbase.In addition, Voyager also transferred 200 BTC (about $5.8 million), of which about 10.3 BTC were deposited into Binance within the past 24 hours.

CoolWallet, a leading hardware wallet brand, has announced its support for Linea, an Ethereum layer-2 zero-knowledge (ZK) rollup network. Linea, which is affiliated with MetaMask, utilizes zero-knowledge proofs and Ethereum Virtual Machine (EVM) compatibility to ensure seamless integration of its applications with the Ethereum blockchain.

Chinese tech giant Huawei has entered the Web3 market by integrating Ethereum and TRON node engines into its Cloud division's services. The move aims to simplify blockchain network management, resource allocation, and authentication processes, and empower developers to connect with mainstream blockchains such as Ethereum.

Former Goldman Sachs executive Raoul Pal said that Solana (SOL) is like Ethereum during the bear market of 2018 and 2019. Pal said in an interview that SOL is his second largest cryptocurrency investment portfolio allocation and believes that it is likely to repeat the dramatic recovery from the bear market to new highs that Ethereum experienced a few years ago.

August 14th, according to official sources, the decentralized liquidity staking protocol Diva launched the Operator testnet, which is the first Ethereum liquidity staking solution supported by distributed validators (DVT). Diva Operator nodes enhance Ethereum by effectively performing validation duties, and after connecting to Ethereum, they use MPC DKG to coordinate key management with other Diva nodes and use Diva's DVT collaboration for validation.

According to the news from DeepTechFlow, the founder of ThreeDAO, Chen Jian Jason, discussed the issue of "Layer2 segmentation weakens Ethereum's functionality" in a tweet. He emphasized that Ethereum's goal is to become the underlying chain and achieve a "lying and earning" model through Layer2.

According to data from The Block, on August 12th, the daily amount of Ethereum destroyed was only 570.54 ETH, the lowest since 2023. This is close to the low point of 498.16 ETH set on October 2, 2022.

According to Etherscan data, the issuance of Aave's native stablecoin GHO has exceeded 20 million since it was launched on the Ethereum mainnet on July 15, with a current total of 20,029,456. Previously, the issuance of GHO exceeded 10 million on August 2.

On August 12th, according to K33 Research data, open positions for Ethereum on the Chicago Mercantile Exchange (CME) hit a nearly one-year low, and open positions for Bitcoin also saw a significant decline.

On August 11th, according to the Hong Kong Economic Times, Hong Kong-listed company Boyaa Interactive announced that its board of directors has approved a budget of $5 million (approximately HKD 39.098 million) to purchase cryptocurrencies, mainly including Bitcoin (BTC) and Ethereum (ETH), on regulated and licensed trading platforms within the next year to promote the company's future business layout in the Web3 field.

According to Santiment, affluent crypto investors have been accumulating Cardano (ADA) in large amounts, with wallets holding between $10,000 to $100,000 worth of ADA accumulating the largest amount in almost a year.

Ethereum (ETH) has remained stagnant at around $1,850 for several weeks, following Bitcoin's trajectory since the beginning of 2023. Despite this, data shows that the top 10 Ethereum addresses have continued to accumulate the cryptocurrency, now holding 34.6% of the total supply. However, since the Merge event in September 2022, ETH has lacked a major catalyst for price growth.

On August 10th, it was announced that the Ethereum zkWASM execution layer Fluent testnet is about to be launched. Applications for the early builder program have already been accepted. Fluent uses ZK Rollup technology to address performance and cost limitations, while reducing the learning curve for developers by using the Web Assembly (Wasm) virtual machine. It is also compatible with EVM and supports developers to build DApps using Rust, TypeScript, Solidity, and other languages.

On August 10th, the total amount of Ethereum staked on Lido has surpassed 8 million, reaching 8,022,346 ETH or approximately 14.855 billion USD at the time of writing. The Ethereum staking rewards paid out have reached 383,914 ETH or approximately 710 million USD, with the current Ethereum staking APR at 3.8%. Additionally, the total value of staked tokens on the Lido platform is approximately 15 billion USD.

Coinbase is set to launch its Base Network, a new Ethereum-compatible side chain that will utilize Optimism Rollups for faster transaction processing. While this may result in slightly slower transaction speeds, it will also provide a more secure process as transactions must be validated on chain. The launch of Base Network comes as a solution to Ethereum's congestion during high transaction volume periods.

PayPal's launch of the Ethereum-based stablecoin PYUSD has generated mixed reactions within the crypto community. While it presents an opportunity for Ethereum to gain mainstream adoption, concerns have been raised about potential threats to decentralization and personal asset control. The stablecoin, issued by Paxos Trust Co., aims to facilitate digital payments and Web3 applications. Some view this development as a positive step towards Ethereum becoming the monetary layer of the internet.

Paypal has introduced a new stablecoin named PYUSD, which is based on Ethereum. The crypto community has mixed reactions to this announcement, with some viewing it as a positive step towards Ethereum's mainstream adoption, while others are concerned about its potential impact on decentralization and personal control of assets. PYUSD is designed for digital payments and Web3, and will soon be available to US customers. However, some smart contract auditors have raised concerns about the centralization attack vector in the smart contract, and others have compared it to a censorship-enabled central bank digital currency.