PA Daily | The 8th anniversary of the launch of the Ethereum mainnet; since October last year, 90 virtual asset-related companies intend to settle in Hong Kong

Today's news reminder

1. Musk: X headquarters will remain in San Francisco

2. The Opera GX browser introduces the "Fake My History" function, which can forge browsing history after the user "death"

3. Hong Kong Secretary of the Treasury: Since October last year, 90 virtual asset-related companies intend to settle in Hong Kong

4. The Ethereum certification service EAS has completed the native integration of OP Stack

5. Data: The 8th anniversary of the launch of the Ethereum mainnet, with a total transaction volume of 9.93 billion ETH

6. Gucci launches Vault Material NFT physical exchange function

7. HUAWEI CLOUD Web3.0 node engine service NES online public beta

8. The monthly trading volume of CME Bitcoin futures hit a new annual high

Supervision

Hong Kong Treasury Secretary: Since October last year, 90 virtual asset-related companies intend to settle in Hong Kong

Xu Zhengyu, the Secretary for Financial Services and the Treasury of Hong Kong, recently accompanied Hong Kong Chief Executive Li Jiachao to visit the three ASEAN countries. In an interview with the media, he mentioned that since the "Policy Declaration on the Development of Virtual Assets in Hong Kong" was published in October last year, 90 companies have been involved in virtual assets. Relevant mainland and overseas enterprises expressed their intention to settle in Hong Kong. He expressed his belief that the government will establish a comprehensive licensing system for virtual asset service providers in the middle of this year, which will help ensure the steady and orderly development of the market and protect the interests of investors.

NFT

Gucci launches Vault Material NFT physical exchange function

Kering-owned brand Gucci this week launched a redemption feature on partner platform 10KTF.shop. 1 Gucci Vault Material NFT can be exchanged for wallets, while 3 NFTs are required to exchange for Gucci x 10KTF joint luggage bags. This follows months of speculation about the planned use behind the 2,896 NFTs minted in March.

Project Dynamics

Musk: X headquarters will remain in San Francisco

Musk tweeted that he wanted X to move its headquarters out of San Francisco despite the generous incentives offered by many. But we won't do that. X will remain in San Francisco.

Opera GX browser introduces "Fake My History" function, which can forge browsing history after user "death"

Opera's Opera GX browser recently announced the launch of the "Fake My History" function. After the user dies (or does not use it for 2 consecutive weeks), not only will all access history be cleared, but also access records will be forged to ensure that the search history will not be discovered by others.

By opting in to this feature, users can automatically delete their browser history after 14 consecutive days of inactivity and replace it with a carefully selected assortment of predefined links. Additionally, there is an option to select the "Pretend I'm Dead" box and the feature will take effect immediately.

The Sandbox will suspend Land cross-chain for one week from July 31

The Sandbox officially announced that it will suspend Land cross-chain maintenance for one week from July 31 until next weekend, and more details will be announced after it resumes online.

Ethereum certification service EAS has completed the native integration of OP Stack

The Ethereum Attestation Service (Ethereum Attestation Service) has completed the native integration of OP Stack. All OP Stack chains deployed in the future will automatically include the Genesis EAS contract.

EAS stated that the integration into OP Stack will make trust certification an essential element in Superchain, which will not only promote the adoption of certification practices in Superchain, but also set new standards for information verification and trust establishment.

HUAWEI CLOUD Web3.0 node engine service NES online public beta

HUAWEI CLOUD Web3.0 node engine service NES is launched on the international station for public testing. At present, the Web3.0 node engine service provides a full-node service with full hosting capabilities, helping DApp developers and network verifiers to achieve fast, stable and efficient network connections. Currently, the service supports Ethereum and TRON networks, and plans to support Polygon, Arbitrum, Starknet, Optimism, etc. in the future. Currently only the "Asia-Pacific-Singapore" region supports the node engine and staking of the Ethereum network.

Important data

Data: The 8th anniversary of the launch of the Ethereum mainnet, with a total transaction volume of 9.93 billion ETH

On July 30, 2015, the Ethereum mainnet was officially launched, and a founding block was generated. The first block contained 8893 transactions and provided a block reward of 5ETH. At present, the Ethereum mainnet has been in operation for 8 years. According to OKLink data, the total number of transactions on Ethereum has exceeded 2.05 billion Txns, the total number of addresses has reached 296 million, the number of contract addresses has reached 61.61 million, and the total transaction volume has reached 9.93 billion ETH.

CME Bitcoin Futures Monthly Trading Volume Hit Yearly High

Despite dwindling trading volumes on cryptocurrency trading venues and exchanges, CME Group posted its highest monthly trading volume of the year in July. July volumes on the CME Bitcoin futures market reached an all-time high in April, with the exchange trading $53.33 billion with one session left in July. In April, the company's contract turnover reached $53.06 billion.

As of July 29, open interest in the CME bitcoin futures market was $2.5 billion. The market is popular among institutional investors such as hedge funds and large trading firms.

The Graph’s report for the second quarter of this year announced that demand-side revenue fell by 48% from the previous quarter

Messari released the second quarter report of the decentralized index protocol The Graph this year. According to the report, as of the second quarter of 2023, The Graph's hosting service has released 1,082 subgraphs to the main network, a quarter-on-quarter increase of 39%. The Graph’s demand-side revenue in USD terms fell 48% quarter-on-quarter in Q2, driven by a reduction in DApp optimization queries as well as governance activities and usage of decentralized infrastructure. Indexing rewards revenue exceeded $9 million, up 3% sequentially. Of the total indexing rewards distributed in Q2, delegators received 64%. Following the MIPs incentive program, The Graph saw a 29% quarter-over-quarter drop in active indexers.