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Cointime March 24th News Express

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  • Cointime April 23th News Express

    1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16
  • 4 whales/institutions sold 31,683 ETH worth $106 million during the market drop

    According to Lookonchain data, during the market downturn, 4 whales/institutions sold 31,683 ETH ($106 million). Cumberland deposited 17,206 ETH ($57.3 million) to the exchange. 0xC3f8 deposited 7,976 ETH ($26.6 million) to Binance. 0x1717 deposited 4,000 ETH ($13.32 million) to the exchange. Alameda/FTX deposited 2,500 ETH ($8.33 million) to #Binance.
  • A whale transferred 8,500 ETH to the Beacon Depositor address through an intermediate address, worth more than $25 million

    Whale Alert has monitored that an address starting with "0x2324" transferred 8,500 ETH, equivalent to approximately $25,691,450, to the Beacon Depositor address through the intermediate address "0xf007" at around 11:05 today.
  • FTX/Alameda liquidation address deposited 2,500 ETH into Coinbase before the drop

    Spot on Chain monitoring shows that FTX/Alameda liquidation address deposited 2500 ETH (approximately $8.56 million) into Coinbase 8 hours ago. Since March 1st, FTX and Alameda have deposited 15,850 ETH (approximately $58 million) to CEX at an average price of around $3,659, which often results in significant price fluctuations.
  • A frequent band whale sold 3017 ETH this morning, avoiding the decline and realizing a profit of about 74,000 USDT

    According to Chainalysis analyst Yu Jin, a whale who frequently trades ETH in full positions bought 3017 ETH at a price of $3,371 on March 24th and did not sell it in the short term. Instead, they held onto it for 20 days until last night, when they sold the 3017 ETH at a price of $3,396 before the market fell (00:39) and received 10.24 million USDT, successfully avoiding the downturn and making a profit of 74,000 USDT. It is reported that the whale's biggest profit came from buying and holding 3266 ETH from March of last year until March of this year, with a profit of about 6.48 million USDT.
  • US Treasury asks politicians to give it more enforcement powers to sanction cryptocurrency exchanges

    Adewale O. Adeyemo, Deputy Secretary of the U.S. Treasury, said in written testimony before a Senate hearing on Tuesday, "Our concern is that actors are increasingly finding ways to use virtual currencies to conceal their identities and transfer resources." The U.S. Treasury is calling on politicians to give it more enforcement powers to combat foreign encryption service providers as part of its goal to protect national security. Adewale O. Adeyemo also claimed that Hamas and the Palestinian Islamic Jihad group obtained encrypted currency from Iran.
  • Vitalik Buterin: ZK-SNARKs and other technologies are inefficient, and Ethereum aims to achieve real-time proofs

    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.
  • The Future of Culture is Tokenized

    How Culture Coins could be the future of Crypto.
  • NFT Futures: A New DeFi Primitive for a Cultural Based Asset Class

    NFT Futures apply the same concept of perpetual swaps to NFTs In doing so, it unlocks a more accessible and two-sided trading experience not available before in the NFT spot market. Although it is too early to judge, the potential value propositions offered by NFT futures have the potential to grow in the NFT market.
  • Cointime April 6th News Express

    1. More than $13 billion in funds have been used to participate in Saga staking mining, making it Binance’s largest Launchpool to date