In the past 24 hours, the cryptocurrency market has experienced significant turbulence, with a total liquidation amount reaching 294 million dollars! Among this, the liquidation amount for long positions was 194 million dollars, while for short positions it was 99.56 million dollars. Specifically, the liquidation amount for BTC was 63.02 million dollars, for ETH it was 45.52 million dollars, and for DOGE it was 16.40 million dollars.
This market fluctuation reminds us that the volatility in the cryptocurrency market remains high, and investors should operate with caution. Whether bullish or bearish, risk management is key. Staying calm and rationally analyzing market data will allow one to navigate the game of digital currency skillfully. 📊💡
ChainCatcher News: Web3 security company Forta has launched a new product firewall aimed at detecting and preventing smart contract vulnerabilities. The company is backed by investors such as a16z crypto and Coinbase Ventures.
The Forta firewall uses a machine learning and artificial intelligence model called FORTRESS to analyze transaction logs and identify high-risk transactions. The product's business model involves charging a fixed monthly fee, but the specific amount has not yet been disclosed.
Initial customers include Euler, Plume, and Balmy. This move marks another advancement in the blockchain security field, providing users with a safer transaction environment.🔒📊
The Slow Fog team announced on platform X that they will assist law enforcement in tracking the stolen funds and analyzing relevant clues. 💼🔍 They plan to collaborate with DEXX to release a complete list of hacker addresses, and they have currently identified approximately 2,000 suspicious addresses. This move demonstrates the increasing collaboration in the blockchain security field, aiming to enhance industry transparency and security. Although the volatility of the crypto market still exists, such efforts help to boost user confidence. 📈🔗
The dYdX Foundation recently announced that dYdX Unlimited is officially launched! 🎉 This version brings multiple new features for users, including an instant market list for more convenient trading; the automatic liquidity tool MegaVault, which helps users easily manage their assets; and an improved trading rewards program to incentivize active traders. 📈 These updates aim to enhance user experience, providing cryptocurrency traders with more options and a more efficient trading environment. With the launch of these new features, it is worth keeping an eye on how dYdX Unlimited will impact market development. 🔍
ChainCatcher Message, Forta has launched a new firewall product to ensure the security of smart contracts! This web3 security company, supported by a16z crypto and Coinbase Ventures, aims to detect and block malicious on-chain transactions through its firewall. 🛡️
The Forta firewall is similar to a Web2 application firewall, utilizing FORTRESS machine learning and AI models to analyze transaction logs and identify high-risk transactions. This product has already been adopted by initial customers such as Euler, Plume, and Balmy. 📊
Forta's business model charges a fixed monthly fee, the exact amount has not been disclosed. 🔍
This innovation may set a new standard for blockchain transaction security. ✨
According to ChainCatcher, the blockchain industry has added another heartwarming story! According to Lookonchain monitoring, DWF Labs has just transferred a charitable donation of $500,000 to BARSIK (@BarsikOnSolana). 🎉
This donation not only demonstrates the efficiency of blockchain technology in financial transactions, but also injects new vitality into charity. The transparency and traceability of blockchain allow every donation to be clearly recorded to ensure the rational use of funds. 📈
Although the market is volatile, such good deeds undoubtedly add a touch of warmth to the industry. Blockchain is not only a technology, but also a force that promotes social progress. 🌍
ChainCatcher Message, the on-chain trading terminal DEXX has released the latest updates regarding the recent security incident. DEXX has officially filed a lawsuit and is cooperating with the Slow Mist team to assist law enforcement in the investigation. The platform is actively discussing a compensation plan, promising that if all assets are recovered, users will be fully compensated immediately to ensure their interests are not harmed.
If only a portion of the assets can be recovered, DEXX will still fulfill its compensation obligations, and the specific plan will be formulated based on the amount recovered. Currently, the platform is mobilizing resources to strive to recover the stolen assets as soon as possible. According to Slow Mist statistics, this incident involves over 900 victims, with a total estimated loss of 21 million dollars. 🔍💼
Barter, a decentralized financial liquidity solution provider, recently completed a $3 million seed round of financing, led by Web3 venture capital firm Maven 11, and other investors include Lattice, Anagram, Heartcore, DCG and Daedalus Angels. 💰
Nikita Ovchinnik, co-founder of Barter, said that the funds will be used to expand the team and accelerate research and development, especially to continue to develop its DeFi tool AppChain. 🚀
Since its establishment in 2023, Barter has achieved a daily transaction volume of 20 million US dollars on multiple EVM-compatible blockchains, focusing on on-chain transaction matching and settlement services. 📈
This financing provides a solid foundation for Barter's future development.
Sky (formerly Maker) recently announced that it will expand its stablecoin USDS to the Solana network through the Wormhole Native Token Transfer (NTT) framework. This move not only broadens the scope of application of USDS, but also injects new vitality into Solana's DeFi ecosystem. Sky Ecosystem has prepared generous rewards for early adopters: liquidity providers of Kamino Finance can receive 200,000 USDS per week, USDS suppliers of Drift Protocol and Save can receive 100,000 USDS per week, and Jito's liquidity pool can enjoy 5,000 USDS per week. How this move will affect the market is worth continuing to pay attention to. 🚀💰
The star project of the Sui ecosystem, Amrus Studio ($E4C), has stirred up a small whirlwind in the crypto circle! In just 30 minutes, they completed a $150,000 USDT round fundraising on the DaoMaker platform, which is quite an achievement 🎉. Currently, the IDO event is still in full swing, and the fundraising for the USDT round has already exceeded 100% of the planned target 📈. The success of this fundraising demonstrates the strong interest and confidence of the market in this project. Although the market is ever-changing, such results undoubtedly inject new vitality into the Sui ecosystem. For investors, staying tuned may be a good choice.
Paxos announced the acquisition of Finnish electronic money institution Membrane Finance, taking an important step into the EU market! 🎉
The transaction is subject to regulatory approval, but once completed, Paxos will obtain electronic money institution licenses in Finland and the EU, paving the way for it to launch assets that comply with MiCA regulations in the EU market. Walter Hessert, head of strategy at Paxos, said the acquisition will enhance Paxos' market position in Europe.
Paxos already has extensive experience in issuing digital assets, including PayPal USD, Pax Dollar and Pax Gold. This acquisition may bring it more innovation opportunities and deserves continued attention. 🔍
ChainCatcher message, Trader T reveals that the spot Bitcoin ETF options will officially launch for trading today at 22:30 (UTC+8)! 🎉 This trading will use unilateral call options, with the goal of predicting the Bitcoin price in 59 days. For enthusiasts of the crypto market, this is undoubtedly a dynamic worth paying attention to. 📈
The launch of the Bitcoin ETF has been highly anticipated, as it may bring new liquidity and investment opportunities to the market. However, the future direction of the market remains full of uncertainty, and investors should proceed with caution. 🔍
Regardless of how the market fluctuates, maintaining a rational and neutral attitude is always a wise choice. 🌐
Bitfinex Securities has launched the first Bitcoin-based US Treasury bond tokenization product in El Salvador! The token offering, called USTBL, is designed to provide investors with exposure to short-term US Treasury bonds denominated in US dollars. The offering aims to raise at least $30 million, with a subscription period from November 19 to 29, 2024. 💼
The offering was conducted on the Bitcoin Layer2 network Liquid Network, with an estimated annualized yield to maturity of 5.02%. The proceeds will be used to fund the iShares $ Treasury Bond 0-1yr UCITS ETF, which tracks the investment results of the US Government Bond Index. 📈
This marks a new chapter in the digital securities market, and investors can follow the development of this innovative product. 🌐
Noble Stablecoin recently completed a $15 million Series A financing, led by well-known investment institution Paradigm, bringing its cumulative financing to $18.3 million. 💰
Noble has established partnerships with several stablecoin issuers such as Circle, Ondo Finance, Hashnote Labs and Monerium. 🤝
Currently, the assets managed by the Noble platform have exceeded $458 million, demonstrating its important position in the stablecoin market. 📊
This financing will help Noble further expand its market influence and promote the application of blockchain technology in the financial field. 🔗
Good news has recently come from the decentralized exchange Jupiter in the Solana ecosystem! Its mobile application has officially launched on the Google Play Store, and Android users can start downloading and experiencing it 📱. This means more users can conduct crypto trading anytime and anywhere, conveniently and quickly.
The launch of Jupiter marks further expansion of the Solana ecosystem, providing users with more trading options and convenience. For those enthusiastic about exploring decentralized finance (DeFi), this is undoubtedly a development worth paying attention to.
However, the market is ever-changing, and investors must remain rational and operate cautiously. 🔍
LQR House Inc. (NASDAQ: LQR) today announced a new initiative to purchase $1 million worth of Bitcoin as part of its fund management strategy. This move demonstrates the company's confidence in the long-term potential of digital assets. In addition, LQR House will also accept cryptocurrency payments on its website CWSpirits.com, making it easier for customers to purchase alcoholic beverages with digital currency. The company plans to hold up to $10 million in crypto payments as Bitcoin; however, they will still focus on their core business. This action adds a new dimension to their diversification strategy. 🚀💼
New Trends in the Crypto World! According to Cointelegraph, more than 60 listed companies have adopted Bitcoin strategies, showing that the allure of Bitcoin remains strong🌟. Not only that, thousands of private companies are also following closely, joining in the frenzy of digital currency🎉.
This trend indicates that businesses are increasingly interested in cryptocurrencies, perhaps attracted by their potential investment returns and decentralized nature. Although market volatility still exists, these companies seem confident about Bitcoin's future.
Whether large corporations or small businesses, everyone is exploring how to better utilize blockchain technology and cryptocurrencies. How the market will evolve in the future, we will wait and see👀.
ChainCatcher message, market data shows that the market capitalization of the lowercase elize has reached 75 million USD, successfully surpassing the uppercase ELIZE's 72.1 million USD. This change has sparked widespread attention in the crypto community, with many speculating on the reasons behind it. 📈
Analysts point out that this may be related to the recent active trading of elize on certain exchanges, and it also reflects investors' confidence in its future development. Although changes in market capitalization do not necessarily represent long-term trends, it does provide investors with a new perspective to observe market dynamics. 🔍
Regardless, this phenomenon serves as a reminder that the crypto market is full of uncertainties, and investments should be made with caution. 💡
Bit.Store and Conflux collaborate, CFX payment new experience is coming!🎉
Bit.Store announces a partnership with Conflux, and the Bit.Store Card will add CFX to the top-up list. This means users can use CFX for shopping, dining, and other consumption scenarios, opening a new door for the application of CFX in real life.💳
This move not only enriches users' payment options but also supports the development of the Conflux PayFi ecosystem, adding new momentum to the practical application of blockchain technology.📈
For cryptocurrency enthusiasts, this is undoubtedly a dynamic worth paying attention to, and we look forward to seeing more application scenarios of CFX in everyday consumption.🔍
Grayscale acted quickly after the approval of Bitcoin ETF options! Bloomberg ETF analyst James Seyffart revealed that Grayscale has updated their prospectus for the Bitcoin Covered Call ETF. Although there is currently no trading code, the fund will offer investment opportunities in GBTC (Grayscale Bitcoin Trust) and BTC (Bitcoin Mini Trust). Additionally, by trading options contracts on Bitcoin ETPs, the fund also plans to generate additional income. Investors can look forward to the potential impact this new product may bring to the market. 📈💼