Weekly Highlights | Sui Mainnet Officially Launched; Binance Lists PEPE and FLOKI

Organizer: Biscuit, ChainCatcher

1. Sui Mainnet Officially Launched, V1.0.0 Version Update Released

Sui Network announced that the Sui mainnet is officially launched. At the same time, Sui has launched the ecosystem project listing platform "Sui Directory" to help users search for Sui ecosystem projects. Additionally, the native token SUI has been listed on exchanges such as Binance, OKX, Bybit, and KuCoin on May 3. (Source link)

2. Binance Lists FLOKI (FLOKI) and Pepe (PEPE) in Innovation Zone

Binance listed FLOKI (FLOKI) and Pepe (PEPE) in the innovation zone at 00:00 UTC on May 5, opening trading pairs FLOKI/USDT, FLOKI/TUSD, PEPE/USDT, and PEPE/TUSD. Additionally, Binance will launch the 1000PEPE 1-20x U-based perpetual contract at 00:30 on May 6.

According to CoinGecko data, PEPE's market cap has surpassed $1.5 billion, currently around $1.56 billion, ranking 40th. Furthermore, the PEPE contract blacklist has permanently locked $8 million worth of PEPE. (Source link)

3. Data: BRC-20 Token Ordi Surges Above $10, Market Cap Exceeds $200 Million

According to data from the BRC-20 website, the Bitcoin inscribed token Ordi briefly surpassed $10, currently priced at $9.2, with a market cap exceeding $200 million. Additionally, there are currently about 12,647 BRC-20 related tokens, with a total market cap of approximately $270 million, and Ordi currently accounts for over 50% of the total BRC-20 market cap.

It is reported that the BRC-20 protocol is directly written onto the Bitcoin network, using satoshis as a carrier, deploying, minting, and transferring tokens with JSON data of Ordinal Inscriptions. Ordi is the first Bitcoin inscribed token, with a total supply of 21 million. (Source link)

4. Data: Ethereum Foundation Transfers 15,000 ETH to "Kraken 5" Address

According to Etherscan data, an address marked as the Ethereum Foundation (0xde0B2) transferred 15,000 ETH (worth approximately $30 million) to an on-chain address marked as "Kraken 5" via the "0xd864" address at 08:58 UTC on May 6. This Ethereum Foundation address currently holds 320,272.41 ETH. (Source link)

5. BNB Greenfield Mainnet to Launch in Q3 This Year

According to The Block, the decentralized storage infrastructure BNB Greenfield mainnet is set to launch in Q3 2023. BNB Greenfield aims to serve as the data and storage layer for the BNB Chain ecosystem, and the network will integrate with smart contracts hosted on the BNB chain at launch to support storage needs in gaming and social media. (Source link)

6. Aztec Announces Launch of Hybrid zkRollup Network, Public Testnet Planned for Early 2024

Aztec announced the launch of a hybrid zkRollup network, which will continue to use the Aztec name. This network will allow the execution of both public and private smart contracts within a single environment, helping to expand developers' design choices on the chain.

Aztec also stated that the team is currently completing the deployment of basic contracts and expects to establish a local testnet before Q3 2023, with users likely to access a mature public testnet before early 2024. (Source link)

7. Cross-Chain Trading Infrastructure zkLink Completes $10 Million Financing, Coinbase Ventures Among Investors

According to CoinDesk, cross-chain trading infrastructure zkLink has completed a $10 million strategic financing round, with participation from Coinbase Ventures, Ascensive Assets, SIG DTI, BigBrain Holdings, and Efficient Frontier. To date, zkLink's total financing has reached $18.5 million. The funds will help propel zkLink to launch its mainnet in Q3. (Source link)

8. Data: U.S. Government Holds Over 200,000 BTC On-Chain, Valued Over $6 Billion

According to data from blockchain analytics firm Arkham Intelligence, the U.S. government currently holds Bitcoin assets on-chain valued at over $6 billion. The held Bitcoin comes from three asset seizures related to illegal activities, including 69,370 BTC seized from Silk Road in 2020, 94,640 BTC seized from the Bitfinex hacker in 2022, and 41,500 BTC seized from James Zhong (Silk Road hacker) in 2022 (originally over 50,000 BTC, with 9,861 BTC sold), totaling 205,510 BTC.

The U.S. government previously announced its intention to sell the Silk Road-related Bitcoin in batches in 2023 and sent 9,861 BTC to Coinbase for liquidation on March 14 this year. Although officials claimed to have executed the sale, the execution price was significantly lower than the spot price on that day. Arkham believes this seems to be for settlement transactions with trading partners, selling at TWAP (time-weighted average price). (Source link)

9. Shell Protocol Announces Token Economics: Initial Allocation of 200 Million, 40 Million for Initial Airdrop

DeFi platform Shell Protocol has announced its governance token SHELL economics. It is reported that the initial allocation of SHELL is 200 million, with 80 million allocated to investors, core teams, and development companies, 40 million for initial airdrops, 50 million for incentive activities after token generation, and 30 million allocated to the DAO treasury. The Shell DAO will have the right to mint more tokens upon receiving a voting approval. SHELL is planned to be launched later in 2023, with no exact date yet. The legal structure for the token issuance and adjustments to the Shell DAO structure and governance tools are expected to be completed in Q3 this year.

Additionally, at the start of the new Shell points season, everyone's Shell points will reset to zero, and the Shell points earned in the previous season will be converted into CRAB tokens, which cannot be purchased, sold, or traded temporarily. When SHELL is finally released, CRAB will be redeemable for SHELL at a 1:1 ratio, allowing for more decentralized governance with the community before SHELL generation. (Source link)