[Weekly Readings]Shanghai Upgrade Is Coming, and LSD Is Heading to 100 Billion?

Huobi发布于2023-02-11更新于2023-02-11

文章摘要

Shanghai Upgrade Is Coming, and LSD Is Heading to 100 Billion?

1.Core DAO: How to Claim Your Airdrop

On February 8th the first airdrop of CORE tokens will be enabled. This is a detailed guide on how to claim your airdrop, both for claiming via browser and mobile.

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2.Can you understand the FUD token?

Huobi launched the FUD token on February 5th, and it's currently priced at over $50. So what is FUD?

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3.Half Of All Bitcoin Unmoved In 2 Years: What Does This Mean For The BTC Price?

A popular crypto analyst called “Documenting Bitcoin” released fresh data on Tuesday showing that half of all Bitcoin (meaning 9.64 million BTC worth $86.4 billion) have not been moved for the last two years.

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4.[Featured Research]Stablecoins War

From around 2018 to 2020, US Dollar stablecoins took over as the main settlement currency and trading pair coin in the cryptocurrency trading space, replacing Bitcoin. These stablecoins also took over as the main bridge between the cryptocurrency trading platforms. As a result of this, demand to use the Bitcoin blockchain declined and Bitcoin transaction fees therefore also declined from their 2017 peak. This was an era of unprecedented growth and success for blockchain based US Dollar stablecoins.

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5.[Featured Research]How the Fed “Went Broke”

The U.S. Federal Reserve is now operating at a financial loss, and is months away from having negative tangible equity for the first time in modern history.

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6.[Featured Research]Shanghai Upgrade: Effects on Liquid Staking Derivatives

Ethereum’s next hardfork, Shanghai, is anticipated in the late first quarter or early second quarter of 2023. Although several Ethereum Improvement Proposals (EIPs) were initially considered for integration, including numerous EVM object format upgrades and EIP 4844, commonly known as Proto-Danksharding, these proposals were deferred until the subsequent hardfork, Cancun. At present, the Shanghai hardfork will be composed solely of EIP 4895, which pertains to Beacon Chain withdrawals.

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