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The Ethereum All Core Developers' Meeting (ACDE) is held every two weeks to mainly discuss and coordinate changes to the Ethereum Execution Layer (EL). This is the 187th ACDE meeting, where developers discussed the preparation for Pectra Devnet 0, the implementation update of EIP 3074, and the urgency of transitioning the serialization method of the execution layer from MPT to SSZ.
Cryptocurrency market experiencing a major pullback, with mainstream coins showing clear downward trends. Altcoins are facing liquidity issues, while Memecoins on the Solana blockchain remain active. Daily new SPL coin count hits a record high, and the one-click token issuance platform Pump.fun achieves a new revenue peak. Trading volume on the Solana blockchain surpasses that of the Ethereum mainnet. Demand for Solana blockchain data tools is increasing, and this week Dr.DODO will introduce three tools to assist in asset management and address tracking, along with multiple TG Bot utilities.
Morpho is surpassing traditional protocols like Compound, reshaping the DeFi landscape, and showcasing the power of its innovative lending model.
Tether's stablecoin USDT has surged to a market capitalization of $111 billion, which is three times that of its closest competitor, Circle's USDC.
J. Christian Giancarlo emphasized the importance of upholding the values of freedom, privacy, and economic liberty in a keynote speech in London.
ZKM announced the launch of innovative technology based on zkVM and decentralized sequencers to expand Bitcoin L2, ensuring the security of BTC native assets and providing a sustainable model for all BTC holders and ecosystem participants to benefit from.
Astar is a multi-chain smart contract that currently supports various EVMs on Ethereum.
Xterio collaborates with AltLayer to build the L2 network Xterio Chain, with over $2.5 billion in ETH re-staking on the chain.
- 08:42The Acala team proposes to shorten the lock-up period of ACA from the current 28 days to 14 daysAccording to reports on May 20, the Acala team recently posted a discussion on its forum, proposing to shorten ACA’s staking unlock period from the current 28 days to 14 days. This proposal aims to enhance stakers’ liquidity and flexibility while maintaining the stability of the staking mechanism. By implementing this change, Acala hopes to increase participation and appeal for ACA staking, thereby furthering network growth and active community participation.
- 08:42Litecoin whales have accumulated more than 2.75 million LTC in the past 30 daysGolden Finance reported that IntoTheBlock stated on X platform that in the past 30 days, Litecoin whales have accumulated 2,751,633 LTC. On May 10th, the net inflow of LTC from these addresses exceeded 900,000 LTC, marking the highest daily inflow since February.
- 08:41IRIS Network announces that IRISnet 3.0 is onlineAccording to news on May 20, IRIS Network issued a document on the X platform stating that IRISnet 3.0 has been launched. Earlier today, IRIS Network stated that the community has voted to approve the proposal Prop#86 on upgrading to mainnet 3.0. This upgrade is planned to be carried out at block height 25006118.
