[Comparative Weekend Review] Tehter CTO: Despite the rise in price, Bitcoin's trading volume is still very low, investors should be cautious; Aave founder: DeFi front-end should switch to IPFS; number of Ethereum 2.0 validators exceeded 200,000, and the total value of pledged assets was close to US$14 billion

[Ethereum development environment tool HardHat released v2.5.0, adding support for the Ethereum London upgrade]

Comparing news, Hardhat, a professional tool for the Ethereum development environment, released v2.5.0 to add support for the Ethereum London upgrade. Additionally, Hardhat v2.6.0 will be released on August 4, 2021, when London will launch on the mainnet. It will update Hardhat Network's default configuration values to better reflect the main network without any modifications. This would make London the default hard fork, but other defaults are subject to change.

[Tehter CTO: Despite the rise in price of Bitcoin, the trading volume is still very low, investors should be cautious]

Comparing the news, Tehter CTO Paolo Ardoino tweeted that although the price of Bitcoin has risen, the trading volume is still very low, and investors should be cautious. Afterwards, quite a few netizens claimed that he was spreading fear. He explained, “My portfolio is mainly Bitcoin, so I'm not a bear, nor am I spreading fear; I just wanted to point out that the market is treacherous.

[Aave founder: DeFi front-end should switch to IPFS hosting]

Comparative news, after UniSwapLabs restricted access to tokenized stocks and derivative tokens on the grounds of a “changing regulatory environment.” Aave founder stani.eth tweeted that as the protocol becomes more decentralized and less reliant on the founding team, DeFi front-ends should actually switch to IPFS hosting to address current regulatory issues.

[Musk Tweeted Again Pursuing Dogecoin]

According to Twitter news, Tesla CEO Elon Musk tweeted a meme from the Matrix on Sunday, “Neo: What do you want to tell me, can I make a lot of money with Dogecoin? ; No, Neo, I want to tell you, Dogecoin is money.”

[FTX founder: FTX's high leverage, up to 20 times will be eliminated]

Comparing news, FTX founder Sam Bankman-Fried (SBF) tweeted that an effective security deposit system is an essential part of an effective economic system. However, there is a limit to everything. FTX has put a lot of effort into the margin system: it allows users to cross-deposit most assets on the platform. This means managing one wallet instead of hundreds; it also means a significant reduction in liquidations. Any margin system requires liquidation as a backup, but the ultimate goal is to do this as little as possible. At FTX, less than one percent of trading volume comes from margin calls, which is in stark contrast to some platforms, which are sometimes even greater than 5%. So, after many discussions, today, we're removing FTX's high leverage, up to 20x.

[The number of Ethereum 2.0 validators surpassed 200,000, and the total value of pledged assets was close to US$14 billion]

Comparative news, according to current official data, the number of Ethereum network validators has now surpassed 200,000 for the first time, and the number of Ethereum contract pledges has exceeded 6.4 million. Currently, the market value is close to 14 billion US dollars, accounting for 6.1% of the current total circulation of Ethereum.

V God recently held the Ethereum Community Conference (ETHCC) in Paris, said, “Decentralized finance is only compared to centralized finance; it has a larger gap compared to other centralized things. I'd like to see Ethereum not only being used in DeFi. More of a production driver, price should not be the main factor affecting Ethereum. It should only be the result of some kind of market utility.”

Author: Chen Zou

This article is from Bitpush.News. The source must be indicated for reprinting