The cryptocurrency market cleared $1.19 billion in 24 hours, with ETH clearing rate about six times that of Bitcoin

DWF Maas and Falcon Digital have filed a lawsuit against BitGo in the High Court of London, accusing it of violating over-the-counter trading agreements by selling Falcon Finance and ESPORTS tokens during the lock up period, resulting in a drop in token prices and damage to holdings, and seeking compensation of $141 million. (Source: Financial Times)

[Main password: Binance BTC/USDT has a large pending order with an amount of 18.13 million US dollars] The calm order book hides clues; the next moves of this massive fund are worth attention…

Frisitano, a researcher at the Ethereum Foundation, has released a draft of an EIP, proposing to use chain proof of execution to recursively confirm the validity of the execution load and bind it to the beacon chain. By using beacon state connection continuous proof, the execution layer can synchronize from weak subjective checkpoints in a constant time.

Abraxas Capital's associated address (0xed0c... 4312) recently reduced leverage by migrating ETH between Aave and Spark and adjusting lending. The address will transfer 20000 ETH from Aave to Spark, repay 55 million USDS, and lend 10 million USDS, resulting in a net reduction of approximately 45 million USD in loan size. Over the past week, the address has seen a net increase of 57000 ETH deposits in Spark, of which 50000 were transferred by Aave. During the same period, a total of 93.38 million USDS was lent out and approximately 93 million USDS was repaid, with the health factor increasing from 1.59 to 2.42. As of press time, the address holds approximately 140800 WETH deposits in Spark, with a collateral value of approximately $350 million, total debt of approximately $124 million, borrowing leverage of approximately 1.55 times, and may trigger liquidation when ETH prices fall to approximately $1028.

Solana plans to reduce the target block time from 250 milliseconds to 200 milliseconds when entering Epoch 1053 on Friday. This upgrade results in the network generating 5 blocks per second, while lowering the upper limit for calculating individual blocks. Faster block generation reduces transaction latency and arbitrage behavior, increases the demand for validator voting, puts pressure on network connections, and shortens the effective trading window. (Source: CoinDesk)