Daily Report ｜IntoTheBlock: 95% of Bitcoin addresses are in profit, comparable to the peak of the 2021 bull market; Vitalik believes Linux is the perfect choice to solve the Windows operating system issues faced by Musk
Republican lawmakers have again proposed legislation to prohibit the introduction of CBDC in the United States; the People's Court case database is now online, which includes 20 cases related to virtual currency.Organizer: Luan Peng, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. IntoTheBlock: 95% of Bitcoin Addresses Are in Profit, Comparable to the 2021 Bull Market Peak
According to ChainCatcher, IntoTheBlock stated on the X platform that 95% of Bitcoin addresses are currently in profit. The last time such a high percentage was reached was during the peak of the 2021 bull market when Bitcoin's price exceeded $60,000. (Source link)
2. Republican Legislators Propose Legislation Again to Ban CBDC Introduction in the U.S.
ChainCatcher reports that due to concerns that a digital dollar would infringe on personal privacy, Republican lawmakers have proposed legislation to block efforts to introduce Central Bank Digital Currency (CBDC) in the United States. On Monday, U.S. Senator Ted Cruz (Republican, Texas) attended the submission of legislation titled "CBDC Anti-Surveillance State Act" along with Senators Bill Hagerty (Republican, Tennessee), Rick Scott (Republican, Florida), Ted Budd (Republican), and Mike Braun (Republican).
Leading Republican candidate and former President Donald Trump has pledged to ban the creation of a CBDC. (Source link)
3. Vitalik Believes Linux Is the Perfect Solution to the Windows Issues Musk Faces
ChainCatcher reports that Vitalik Buterin believes Linux is the perfect solution to the Windows operating system issues faced by Musk, as Linux is open-source. He invited Musk to join the desktop Linux community.
It is reported that Linux is an operating system first released in 1991 and is currently very popular. The source code of open-source software is available for anyone to view, modify, and improve. Some have praised Buterin for promoting open-source software, while others have pointed out that Linux may not meet Musk's needs. (Source link)
4. People's Court Case Database Launched Today, Including 20 Virtual Currency Cases
ChainCatcher reports that the Supreme People's Court held a press conference today to announce the official launch of the People's Court Case Database, which is now open to the public.
Lawyer Liu Yang compiled all cases related to virtual digital currency from the People's Court Case Database on his WeChat public account. This includes 3 cases involving the search keyword "Tether" (including USDT), 7 cases involving "Bitcoin," 1 case involving "Ether," 8 cases involving "virtual currency," and 1 case involving "NFT" (including digital collectibles). (Source link)
"What Exciting Articles Are Worth Reading in the Last 24 Hours"
1. "Cobo Security Team: DeFi Interaction Guide for the Bull Market"
Since the DeFi Summer began in 2019, an increasing number of creative decentralized finance protocols (DeFi protocols) have emerged, led by Ethereum, greatly enriching the availability of on-chain assets and allowing blockchain users to better utilize on-chain assets for a wider variety of financial activities and generate substantial returns. However, with the rise of more DeFi protocols, security challenges have also emerged. According to incomplete statistics, asset losses due to blockchain attacks have reached $2.61 billion in 2023 alone. It is evident that in the process of participating in DeFi protocols, assessing the corresponding expected returns is not enough; the security assessment of the protocols should not be overlooked, or it may lead to significant losses for users.
Generally speaking, the current mainstream definition of protocol security assessment is the evaluation of code security, which is a relatively narrow dimension. The issue here is that the assessment itself only considers the security of the protocol in a static process, while in the DeFi interaction process, security is often dynamic and includes multiple stages such as account management, preparation before protocol interaction, asset management after interaction completion, data monitoring, and self-rescue after asset loss in extreme cases.
As a user about to enter the DeFi novice village, how can one maximize the security of funds while earning returns? The Cobo security team has outlined common security risks in DeFi interactions and corresponding preventive measures, hoping to inspire and assist everyone in safe DeFi interactions during the bull market.
With BTC briefly breaking through $57,000, the total market value of the global cryptocurrency market reached a peak of $2.24 trillion, ushering in a new round of explosion in the global crypto industry since November 2021, with a large amount of capital starting to enter Web3.
The blockchain gaming sector, which once gave birth to the explosive Axie Infinity and STEPN and led the 2021 bull market, has attracted a new wave of users and institutions in this bull market.
According to RootData, since January 2024, over 20 blockchain games have announced financing, with total financing exceeding $100 million.
3. "MT Capital Research Report: Decentralized Sorter Track Analysis"
The development of decentralized sorters indicates potential advancements in blockchain technology regarding network security, censorship resistance, transaction efficiency and costs, as well as ecosystem diversity and interoperability.
