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On May 10th, according to DeFiLlama data, the trading volume of Solana's DEX reached 1.314 billion US dollars yesterday, surpassing the trading volume of 1.297 billion US dollars on Ethereum's DEX.
According to DefiLlama data, the total value locked (TVL) in Ethereum's re-staking protocol EigenLayer has fallen below $15 billion, currently at $14.794 billion.
The Hong Kong Bitcoin spot ETF had a net purchase of 101.6 bitcoins and a total holding of 4350 bitcoins on May 8th. The daily trading volume was 2.67 million US dollars, and the total net assets were 270 million US dollars. The daily BTC purchase came from Bosera HashKey and Huaxia Bitcoin ETF.
Encrypted mining company Core Scientific reported on Wednesday that it mined 2,825 bitcoins in the first quarter of 2024 (worth over $175 million at current prices).The company also reported a net profit of $210.7 million, compared to a net loss of about $400,000 last year. Its stock has resumed trading on Nasdaq after emerging from bankruptcy.
According to DeFiLlama data, the total value locked (TVL) in Ethereum's liquidity re-staking protocol is currently $9.74 billion. The top five protocols by TVL are:
On May 8th, former Proof researcher punk9059 stated on X platform that currently, OpenSea's daily trading volume on the Ethereum NFT market is about 600 ETH, which is the lowest level since the NFT bull market began in May 2021. This number is down 99.1% from the peak in May 2022, when OpenSea's daily trading volume reached 66,000 ETH.
Vitalik Buterin, the founder of Ethereum, gave a keynote speech titled "Reaching the Limits of Protocol Design" at the 2024 Hong Kong Web3 Carnival. Vitalik Buterin stated that technologies such as ZK-SNARKs, MPC, and FHE have efficiency and security issues. Ethereum's slot block time is 12 seconds, the average block verification time is about 400 milliseconds, and the ZK-SNARK proof time is about 20 minutes. Ethereum's goal is to achieve real-time proof. Regarding the current low efficiency issue, Vitalik stated that the solution is "parallelization and aggregation trees", using SNARK algos and hash to improve efficiency, and using ASIC for ZK hardware acceleration.
Vitalik Buterin, the founder of Ethereum, stated at BiddleAsia 2024 held at Signiel Seoul in the Songpa district on March 28 that artificial intelligence is a huge market and its importance is increasing day by day. We need to create a world where blockchain and artificial intelligence work together. Artificial intelligence can now create applications with 100 to 500 lines of code. Vitalik also stated that the ability to write 10,000 lines of code can eliminate most of the bugs in the Ethereum virtual machine.
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