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Lawyer: The new UAE regulations may ban cryptocurrency payments.
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Ethereum rises and breaks through $BTC According to market data, Ethereum has rebounded and broken through $2,600, currently trading at $2,626, with the 24-hour decline narrowing to 2.27%. $BTC $ETH $bnb
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SUI rose nearly 70% on the 7th, currently reported at 0.9863 US dollars. On August 12, according to HT market data, SUI briefly broke through $0.99, currently quoted at $0.9863, with a 24-hour increase of 10.04% and a 7-day increase of 69.53%. $BTC $ETH $BNB
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Vessel mainnet has now been launched. Mars Finance news, ZK trading platform Vessel has released a tweet stating that the mainnet has been launched. Users can now enjoy higher fee rate discounts through VAELOB. Previously, ZK trading platform Vessel completed a $10 million seed round financing, with Sequoia Capital and others participating. $BTC $ETH $BNB
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The past 24 hours saw $179 million in contract liquidations across the entire network, with long positions being the main cause of the liquidations. PANews reported on August 12 that according to Coinglass data, the total contract liquidation in the cryptocurrency market over the past 24 hours was $179 million, of which $137 million was long position liquidation and $41.28 million was short position liquidation. The total BTC liquidation amount was $48.87 million, and the total ETH liquidation amount was $45.59 million. [The total contract liquidation in the past 24 hours was $179 million, mainly long positions.] $BTC $ETH $BNB
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Axelar(AXL) cross-chain amplifier has been launched on the testnet, which can significantly reduce the cost for developers. On August 12, Axelar recently announced an update for July 2024, and its Interchain Amplifier is now live on the testnet. This is an important milestone in enhancing blockchain interoperability. Axelar's Amplifier seamlessly connects a wide range of blockchain consensus engines and traditional off-chain systems, significantly reducing the cost for developers. The core components of the Interchain Amplifier include: ยท An on-chain message router ยท Gateways ยท CosmWasm for receiving and sending messages The testnet is in the testing phase, and new blockchain networks will be added in the coming weeks. $BTC $ETH $BNB
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