1. Vitalik proposed Ethereum Improvement Proposal EIP-7706, which aims to add an independent gas type for calldata
Ethereum founder Vitalik Buterin proposed a new Ethereum Improvement Proposal (EIP-7706) to add a separate gas type for calldata and integrate the three gas types into a coordinated system. Buterin hopes that this proposal will make the discussion about the concept of "multi-dimensional gas" more concrete.
2. Ripple files motion to seal and redact some SEC litigation documents
On May 14, Ripple filed a motion before the May 13 deadline, requesting narrow revisions to the brief and certain evidence in the motion for relief. The company said its sealing request was reasonable and consistent with the sealing request approved by the court during the summary judgment stage of the lawsuit. Before filing the motion on Monday, Ripple's lawyers consulted with US financial regulators. The US SEC said it accepts some of Ripple's requests and may object to other requests. According to the documents, Ripple attempted to edit information that could cause harm to the company, innocent third parties, and Ripple employees if disclosed publicly, and sought narrow revisions to documents containing its audited financial statements and related documents.
3. CoinShares Q1 financial report: first quarter revenue, earnings and other income was £43.9 million
CoinShares International Limited publishes its quarterly results for the period ended March 3, 2024, including: · Revenue, earnings and other income for the first quarter were £43.9 million (Q1 2023: £13.9 million); · Adjusted EBITDA for the first quarter was £34.2 million (Q1 2023: £7 million); · Total comprehensive income for the first quarter of 2024 was £34.1 million (Q1 2023: £2.9 million).
4.Tether CEO: Ripple CEO’s remarks spread fear about USDT
Tether CEO Paolo Ardoino took to the social media platform to respond to comments made by Ripple CEO Brad Garlinghouse in a recent interview regarding the stablecoin Tether (USDT). Garlinghouse said in the interview that the U.S. government is going after Tether, and that’s clear to me. Ardoino said that an uninformed CEO reportedly led a company under investigation by the SEC to launch a competing stablecoin (cui prodest), spreading fear about USDT. Ardoino emphasized that Tether plays a key role in providing financial services to unbanked communities in emerging and developing regions that are often overlooked by traditional financial institutions. He further asserted that Tether adheres to strict standards of transparency and regulatory compliance, as reflected in its compliance with the OFAC/SDN list, its partnership with Chainalysis, and its extensive cooperation with international law enforcement agencies to detect and prevent illegal activities, thereby enhancing the security of its ecosystem.
5. Dutch court finds Tornado Cash founder Alexey Pertsev guilty of money laundering
A three-judge Dutch court found Tornado Cash developer Alexey Pertsev guilty of laundering $1.2 billion in illicit assets on a cryptocurrency mixing platform. The panel is also expected to sentence Alexey Pertsev, a 31-year-old Russian living in the Netherlands, on Tuesday. Pertsev's lawyers will have 14 days to appeal the judge's decision. Experts say the ruling will reshape the privacy protection process in the decentralized financial sector and have a "chilling effect" on the development of open source software that provides users with financial privacy protection tools.
6. The number of new runes etched daily on Bitcoin has dropped below 250
The number of new runes etched daily on Bitcoin has fallen below 250 over the past six days, with 157 runes etched on Monday, a 99% drop from the peak in late April. According to the Dune Analytics dashboard created by Runes, an average of 14,700 new runes were etched per day between April 26 and 30, with a record 23,061 runes etched on April 26. Since Runes launched on April 20, a total of $4.5 million in transaction fees have been paid to Bitcoin miners, about $189 per day. To date, more than 91,200 runes have been etched on Bitcoin.
7.io.net: The final snapshot of the first quarter rewards will be made before May 16
Ahmad Shadid, founder and CEO of io.net, posted on the X platform that the team has been asked to re-enable Solana wallet submissions through IO Worker before 08:00 on May 16, when a final snapshot of the first season reward wallet will be taken. If you ran Worker during the first season, please enter the wallet address before the deadline to view and claim the rewards. Users who do not have a Solana wallet associated with an IO Cloud account will not see IO Worker points because a valid Solana address is required to receive rewards. Although these accounts have calculated points, they will not be displayed without a valid wallet address.
8. The total redemption volume of Hong Kong Bitcoin ETF yesterday was 519.5, showing net redemption for 3 consecutive days
According to SoSo Value data, the Hong Kong Bitcoin Spot ETF redeemed 519.5 bitcoins in a single day yesterday (May 13), with a total of 3,560 bitcoins held, a daily turnover of US$4.25 million, and total net assets of US$219 million. Currently, the Hong Kong Bitcoin Spot ETF has shown net redemptions for three consecutive days. In terms of asset size, Huaxia ETF holds 1,690 BTC and ranks first, while Bose Hashkey and Harvest hold 989.93 and 881.18 BTC respectively. In addition, the Hong Kong Ethereum Spot ETF redeemed 2,270 Ethereums in a single day yesterday (May 13), with a total of 13,350 Ethereums held, a total daily turnover of US$726,000, and total net assets of approximately US$39.12 million. In terms of asset size, Bosera Hashkey ETF currently holds 6,300 ETH and ranks first, while China Asset Management and Harvest Asset Management hold 4,670 and 2,390 ETH respectively. Note: Hong Kong crypto ETF supports spot subscription and redemption mechanism. Net subscription means that the difference between the subscription amount and the redemption amount within a certain period of time is positive, that is, the purchase is more than the sale, otherwise it is a net redemption.
