Evening News | Hashkey Group's compliant exchange Hashkey Pro is about to launch; Ethereum has completed the Shanghai upgrade, and users can now withdraw staked ETH and related earnings
FTX has recovered $7.3 billion in assets and may consider restarting its trading business; the zkSync ecosystem DEX project SyncDex Finance is suspected of running away.Organizer: Grapefruit, ChainCatcher
"What important events have occurred in the past 24 hours?"
1. Twitter will support users in trading cryptocurrencies, stocks, and other financial assets through a partnership with eToro
According to ChainCatcher and a report from CNBC, Twitter will allow its users to access stocks, cryptocurrencies, and other financial assets through a partnership with the social investment platform eToro. Starting Thursday, the Twitter app will launch a new feature that will allow users to view market charts; buy and sell stocks and other assets from eToro; and access market data for more financial tools. (Source link)
2. Hong Kong Chief Executive John Lee: Over HKD 700 million will be invested to accelerate digital economy development
According to ChainCatcher, at the 2023 Digital Economy Summit, Hong Kong SAR Chief Executive John Lee stated that over HKD 700 million will be allocated in this year's budget to accelerate the development of the digital economy, along with over HKD 9 million for a series of international initiatives and measures. He emphasized the promotion of the development of Hong Kong's virtual asset industry, noting that Web 3.0, representing the third generation of the internet, has immense growth potential. (
3. zkSync ecosystem DEX project SyncDex Finance suspected of running away
According to ChainCatcher, the zkSync ecosystem DEX project SyncDex Finance is suspected of running away, with its official Twitter account and Discord channel both closed.
Users have disclosed that they staked over 100 ETH and 98,444.8 USDC in total in the project. The staking pool is currently locked, and users can no longer withdraw their funds. (Source link)
4. Hashkey Group's compliant exchange Hashkey Pro is set to launch
According to ChainCatcher, PANews has learned from insiders that Hashkey Group will soon launch a compliant exchange named Hashkey Pro, expected to go live in the second quarter of this year, having already obtained permission from the Hong Kong Securities and Futures Commission. After its launch, Hashkey Pro will initially be open to institutions and qualified investors. The exchange has confirmed partnerships with banks that have local and Chinese backgrounds, supporting USD deposits and withdrawals through direct bank transfers.
Earlier today, Hashkey Group announced the launch of ecosystem token HSK. According to the white paper, early users who register, trade, and provide liquidity on Hashkey PRO can earn ecosystem rewards. Additionally, HSK holders can enjoy trading fee discounts, with Maker trading fees settled in HSK potentially being completely waived; waived withdrawal fees for specific assets; early trading of newly listed assets; and access to new products and upgraded features. (Source link)
5. FTX has recovered $7.3 billion in assets and may consider restarting trading operations
According to ChainCatcher, lawyers from Sullivan & Cromwell stated in a court hearing on Wednesday that FTX is considering reopening its trading platform at some point in the future. One possible option is for FTX's creditors to convert their claims into shares of the trading platform after it restarts. Their lawyers informed the court that a restructuring plan will be submitted in July, which may be confirmed in the second quarter of next year. However, restarting still requires significant fundraising, and there is currently internal disagreement over whether the funds should come from FTX's assets or third-party capital.
Additionally, the lawyers stated that FTX has currently recovered approximately $7.3 billion in assets, which is higher than the $1.9 billion reported in January.
Following the news, FTT price surged rapidly, with a 24-hour increase of over 75%, currently reported at $2.41. (CoinDesk)
6. Ethereum has completed the Shanghai upgrade, users can now withdraw staked ETH and related earnings
According to ChainCatcher, data from OKLink shows that Ethereum has completed the Shanghai upgrade (Epoch 194048). This upgrade includes: upgrades to the execution layer (Shanghai upgrade), upgrades to the consensus layer (Capella upgrade), and changes to the engine API. Previously, in September 2022, Ethereum successfully transitioned to a Proof of Stake (PoS) consensus mechanism, allowing users to become validators by staking 32 ETH. The Shanghai upgrade adds withdrawal functionality, allowing users to withdraw their staked ETH and related earnings. (Source link)
"What excellent articles are worth reading in the past 24 hours?"
As a rising star public chain alongside Aptos and Sui, Sei Network may not have had the same "debut peak" as the latter, but since the release of its white paper at the end of October last year, its testnet progress and ecosystem development have been relatively rapid.
Recently, Sei Network has been very active, and with the mainnet and airdrop imminent, this article summarizes the latest developments and ecosystem map of Sei Network.
This article evaluates the potential selling pressure that may arise from the unlocking from the perspective of stakers and discusses the estimated amount of staked ETH that may be immediately withdrawn and sold after the Shanghai upgrade.
3. "A retrospective on the 'past and present' of the Ethereum Shanghai upgrade"
The Ethereum Shanghai upgrade is another significant event in the development of the Ethereum blockchain following the Ethereum Merge. The Ethereum Merge in September 2022 allowed the blockchain network to transition to a Proof of Stake (PoS) consensus mechanism. One of the key focuses of this Shanghai upgrade is to allow Ether (ETH) stakers to withdraw their Ether. The following will provide a detailed introduction to the main content of the Ethereum upgrade, the specific implementation timeline, and the most concerning question: what impact the Ethereum Shanghai upgrade may have on investors and the market?
