According to data from the Hong Kong Stock Exchange, the total trading volume of the three Bitcoin spot ETFs in Hong Kong in November was approximately HK$1.2 billion, a record high for monthly trading volume. Among them, the total trading volume of China Asset Fund's Bitcoin ETF (3042.HK) and Harvest International's Bitcoin ETF (3439.HK), launched by OSL in cooperation with China Asset Fund (Hong Kong) and Harvest International, reached HK$1.06 billion last month, accounting for approximately 88%.
Yesterday, Grayscale's Ethereum Trust ETF ETHE had a single-day net outflow of US$8.1958 million. The current historical net outflow of ETHE is US$2.962 billion. Grayscale's Ethereum Mini Trust ETF ETH has a single-day net outflow of US$0.00. Currently, the total historical net inflow of Ethereum Mini Trust ETH is US$295 million.
TON rebounded slightly above 5.5 USDT and is now at 5.593 USDST, with the 24-hour decline narrowing to 17.1%. According to the market value, the current market value of TON has also returned to above US$14 billion and has returned to the top ten in the market value of cryptocurrencies.
In addition, with the integration of AI technology, it is foreseeable that new solutions will emerge in the Web3 space to address the above challenges. For example, AI can play a role in optimizing transaction paths, predicting network congestion, and automating smart contract testing, among other things, to improve network efficiency and user experience. At the same time, AI-assisted smart contract auditing and security analysis can enhance the security of the system and reduce development risks. Through the convergence of these technologies, the Web3 field is expected to achieve more robust and user-friendly development.
ZAP, a token distribution agreement based on Ethereum Layer2 network Blast, announced that it has raised total funding of US$15.1 million. The money was raised in the most recent round of funding, namely a $900,000 seed round in December last year, a $2.1 million private equity round last month and an ongoing $12.1 million "treasury sale." Seed rounds and private equity financings are structured as simple Future Token Agreements (SAFTs), while vault sales are similar to node sales. Investors in the ZAP seed and private equity rounds include Rarestone Capital, Cypher Capital, Sharding Capital, Puggy Penguins 'Luca Netz, The Block's Larry Cermak and Foresight Ventures' Chelsea Jiang. ZAP was valued at US$15 million in the seed round, increased to US$30 million in the private equity round, and is currently valued at approximately US$100 million.
BounceBit released its outlook for July and said it will launch two new products: Easy and Superfast, and launch related reward activities. Easy is a product designed to simplify making money for BTCB and USDT holders, leveraging BounceBit's innovative CeDeFi infrastructure to provide users with a safe, efficient and user-friendly way to increase their positions. Superfast is an on-chain brokerage business that will bring ultra-fast and liquid trading to BB and Liquid Custody Token. Superfast will solve the problem of insufficient liquidity in BBTC and BBUSD due to inter-chain fragmentation.
Renzo Joint Venture Lucas Kozinski said in Discord that the team was working on the final pieces of work from June 7 to 8 to release the audit results and trigger a three-day lockout.
From June 17 to 18, Renzo can apply to EigenLayer for asset cooling after the upgrade is completed, and the escrow period is 7 days. After the escrow period ends, users will be able to apply for withdrawals.
There will be a 3-day pledge period for withdrawals, after which users can claim their collateral.
L2BEAT, an L2 data analytics site, tweeted that it was developing a risk framework to assess the security of data availability (DA) solutions.
Among them, economic security measures the degree of trust in the consensus of the majority; the category of fraud detection mechanisms measures the effectiveness of users' self-protection in the face of a malicious majority of committee members (such as verifiers); verification security assesses the stability of data commitments without introducing additional trust assumptions.
The exit window standard examines the upgradeability of the DA bridge, with special attention to the withdrawal mechanism and the time users are allowed to exit during the upgrade; accessibility measures the difficulty of directly accessing data from the ethernet network.
According to The Block, Proofs.Money, an open banking solution on the chain jointly launched by Plaid and Sign Protocol, will be launched in the Base pilot. This cooperation introduces an innovative concept of "unified financial identity" that allows users on the chain to generate unified financial reports and details, which can be used in both chain and offline environments.
BTC ecosystem's first decentralized AMM inscription DEX 100Swap has been officially launched.
100Swap is built on the BRC-100 protocol. Based on the AMM algorithm similar to Uniswap, users can trade assets under the BRC-100 protocol in a completely decentralized, trust-free and anti-censorship way, and do not need to host user assets. It is an entry-level application of BTC DeFi ecology.
After the launch of 100Swap, a token called Corgi rose by more than 3000% in less than 24 hours.