According to IntoTheBlock, Ethereum has reached a significant milestone in crypto adoption by officially surpassing 100 million addresses with a balance. This excludes "dust" addresses with balance values less than 0.00001 ETH. Ethereum is currently trading at $1,569 and has an average daily transaction count of 961,000, down 36% from its peak level. Bitcoin, on the other hand, has an average holding time of 4.2 years, which is twice the length of Ethereum, and is currently worth $28,680 with an average daily transaction count of 273,000.

The new Ethereum Improvement Proposal (EIP) EIP-7540 aims to introduce asynchronous deposit and redemption processes as an extension of the existing ERC-4626 tokenized vault standard. ERC-4626 itself is a standard designed to introduce profitable vault parameters. These vaults are smart contract platforms that execute strategies and provide rewards to token depositors. Centrifuge contributor Asad Khan stated that EIP-7540 will ensure that asynchronous deposit and redemption processes are possible, and that this EIP has the potential to benefit protocols that handle real-world assets (RWA), cross-chain lending, and liquid staking. EIP-7540 is still in its early stages and must first be discussed on the Ethereum forum before moving on to the next stage.

Data monitored by Lookonchain shows that in the past 7 hours, a certain whale address has transferred 35,176 ETH (equivalent to 56.5 million US dollars) to Kraken, and withdrew 10 million USDT 40 minutes ago, indicating that they may be selling ETH. The address has accumulated 35,176 ETH from Kraken at an average price as low as $415, with a profit of about 41.8 million US dollars.

The recent surge in the US 10-year Treasury Yield has impacted Ethereum more than Bitcoin, as the staking payout on pledged tokens has dropped to an annualized 3.5%, nearing the lowest level in at least 10 months and significantly below a recent peak of over 8%.

Binance will perform wallet maintenance on the Ethereum network (ERC20) on October 24, 2023 at 15:00 (GMT+8), which is expected to take 2 hours. Please note that during the wallet maintenance period, digital assets/tokens trading on the Ethereum network (ERC20) will not be affected. Binance will suspend the deposit and withdrawal services for the Ethereum network (ERC20) at 14:55 (GMT+8) on October 24, 2023.

About 2 hours ago, a victim lost $137,000 worth of ETH and Azuki due to cryptocurrency phishing. He signed a malicious phishing signature based on the fuzzy protocol on the Web3 anti-fraud platform Scam Sniffer.

Data tracked by Lookonchain shows that a certain whale sold 13,871 ETH and exchanged it for 21.87 million USDC two hours ago, with an average price of $1,577. This address previously received 32,000 ETH (worth $39.9 million) from Bitfinex on January 27, 2021 (before the bull market), when the price of ETH was $1,239.

Gauntlet has initiated a proposal to change the borrowing and supply limits for Ethereum in v3 within the Aave community. According to Gauntlet's supply and borrowing limit methods, the proposal suggests increasing the WSTETH supply limit to 1.1 million and increasing the BAL supply limit to 700,000 on Ethereum v3.

Data from the Kanro (Vitalik Charity) wallet created by Arkham analysis and co-founder of Ethereum, Vitalik Buterin, shows that the current total value of cryptocurrencies held by the charity entity is close to $75 million, including about 74.567 million USC, 1000 MTV, and 3.724 million MVRS. However, the amount of ETH held within the charity entity shows zero. It is reported that Vitalik Buterin revealed in 2018 that he held about 0.9% of the total supply of ETH at that time, and his public address now shows a holding of about 250,000 ETH, with a total value of nearly $400 million.

On October 18th, according to the monitoring of on-chain data analyst Yu Jin, a certain whale address exchanged 13,871 ETH for 21.87 million USDC in the past hour, with an average selling price of $1,577. It is reported that this address has sold a total of 18,579 ETH (exchanged for 2,937 USDC) since September 11th, with an average selling price of $1,581, realizing a profit of $6.35 million.

HopeLend lost 526 ETH due to a hacker attack, according to user Spreek.

October 18th news, Ethereum client Nimbus announced on X platform that version V23.10.0 has been released. This is a low urgency upgrade focused on stability and performance improvements, with the performance improvements having the greatest impact on networks with a large number of validators (such as the Holešky test network).

SSV Network, the Ethereum staking infrastructure, has released its Governance 2.0 plan, aimed at establishing the SSV Foundation and decentralizing power to the community, moving towards community governance of the protocol. Currently, SSV Network consists of three core parts: an open-source protocol, SSV DAO, and the newly established SSV Foundation.

The Ethereum liquid staking derivatives finance (LSDFi) ecosystem has experienced significant growth this year as ETH holders choose to stake rather than liquidate. Despite the ability to withdraw ETH with the Ethereum Shapella upgrade in April 2023, the LSDFi sector has grown by 58.7x since January, with LSD protocols accounting for 43.7% of the total 26.4 million ETH staked by August 2023. The total value locked in LSDFi protocols has grown 5,870% since January 2023, while the total decentralized finance TVL has contracted by around 8% over the same period. The rise of LSDFi platform Diva, which offers higher incentives than Lido, has been cheered on by Ethereum proponents.

According to a popular analyst on social media platform X, an altcoin on the Ethereum blockchain, Tellor Tributes (TRB), is likely to lose a significant portion of its recent gains. The trader predicts that TRB has reached its peak and will eventually drop down to $32 based on his chart analysis.

Whale addresses holding at least 1 million ETH have for the first time since 2016 accounted for 32.3% of the available supply.

On October 17th, the Ethereum client Prysm released version v4.1.0, which includes new features such as: Providing basic support for Deneb/Cancun; Reducing memory usage through Multi-Value Slices; EIP-4881 for optimizing block processing; BLST0.3.11 improves portable build performance; Real-time preview of Multiarch Containers, and more.

School of Business and Management at the Hong Kong University of Science and Technology released the results of a public opinion survey on virtual asset investment attitudes, showing that 41% of Hong Kong people said they have no intention of holding any type of virtual asset, about 20% of respondents said they intend to hold virtual assets in the future, and cryptocurrency exchanges (61%) are the most common medium for holding virtual assets.

According to Lookonchain monitoring, the whale address starting with 0xbd6 is using a loop loan to buy more ETH on Aave. Six hours ago, the address spent 8 million USDT to purchase 5060 ETH at an average price of $1583. The 5060 ETH was then deposited into Aave and borrowed 3 million USDC. 30 minutes ago, the 3 million USDC was deposited into MEXC.

October 17th, as monitored by on-chain data analyst Yu Jin, a certain whale leveraged long ETH 4 hours ago, and through 2 addresses, collateralized 20,016 ETH (approximately 31.9 million USD) on Aave and borrowed 21 million USDT, then bought 13,101 stETH at an average price of 1602 USD per coin.