News

BlockBeats News, June 25th, influenced by the fluctuation of the US stock market, Bitcoin experienced a flash crash of 4.8% in nearly 1 hour. At the time of writing, the price of the coin has temporarily rebounded to $59,308.38. However, during the flash crash, a total of 5 contract positions worth over $10 million each were liquidated, resulting in a net loss of $560 million across the entire network in just under 1 hour.

Foresight News reported that Zama announced that within 48 hours of its launch, the Steakhouse Confidential Prime USDC Vault—designed by SteakhouseFi and deployed on the Morpho protocol—has accumulated a total deposit amount of $5.83 million. Zama indicated that this vault is the DeFi industry’s first vault product supporting the privacy version stablecoin cUSDC, which is powered by Zama’s fully homomorphic encryption (FHE) technology. In addition, Zama simultaneously launched a 12-week yield incentive program. The current "Launch Pulse" phase is the highest-yielding window in the entire plan; the earlier and the larger the deposit, the greater the potential rewards.

Odaily reported, according to the official announcement, Bitget has launched the USDT-margined EVAA perpetual contract, supporting up to 50x leverage, and the contract trading Bot will be opened simultaneously. For more details, please refer to the official Bitget platform.