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How Will This Week’s US Economic Data Impact Crypto Markets?
How Will This Week’s US Economic Data Impact Crypto Markets?

There is a short but busy week ahead on the economic calendar in the United States with key consumer spending data released, but will it impact crypto markets?

Cryptopotato·2024/05/27 06:34
TON blockchain’s total value locked surpasses $300 million
TON blockchain’s total value locked surpasses $300 million

The total value locked (TVL) on The Open Network blockchain has surpassed $300 million, marking an over tenfold increase since early March. The TVL has been driven by decentralized exchanges such as Ston.fi and Dedust, as well as liquid staking projects like Tonstakers and bemo.

The Block·2024/05/27 04:52
Can Bitcoin finally move on from Craig Wright?
Can Bitcoin finally move on from Craig Wright?

Cointelegraph·2024/05/26 23:10
Worldcoin’s Biometric Data Collection Violates Privacy Laws: Hong Kong’s Regulator
Worldcoin’s Biometric Data Collection Violates Privacy Laws: Hong Kong’s Regulator

The PCPD noted that Worldcoin’s practices violated Hong Kong’s data protection principles.

Cryptopotato·2024/05/26 20:01
Ether (ETH) Could See Price Volatility Soon Due to These Metrics: CryptoQuant
Ether (ETH) Could See Price Volatility Soon Due to These Metrics: CryptoQuant

With demand for ETH rising, the asset’s daily net flows into exchanges rose to 62,000, its highest level since early March.

Cryptopotato·2024/05/26 14:43
Flash
14:10
Bitcoin Flash Crashes 4.8% Before Bouncing Back, $560 Million Liquidated Across the Network in 1 Hour
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.
13:53
Zama: Morpho's DeFi vault supporting cUSDC sees $5.83 million deposited within 48 hours
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.
13:53
Bitget has launched the USDT-margined EVAA perpetual contract, supporting up to 50x leverage.
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.
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