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Stablecoin Issuance Layer OneStable Launched, Jointly Introduced by Enso, LayerZero, Stargate, and Others

6 hours ago

On September 9th, EnsoBuild, LayerZero, StargateFinance, and Reservoir jointly launched the world's first stablecoin issuance layer named OneStable. It was officially launched on September 8th. The goal is to offer a new solution to the stablecoin market, enhance liquidity efficiency, and facilitate the further development of the stablecoin economy.
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「$2249 Short ETH」 Whale Once Again Reduces Position, Unrealized Losses Reach $12.26M, Stuck in a Rolling Position for Five Months

On September 9th, as per the monitoring of HyperInsight, the "Short ETH at $2249" whale has once again sold 2760 ETH in the past two days. Currently, it is holding an unrealized loss of approximately $12.26 million, and the liquidation price is $6336. This whale opened a 25x short position near $2249 on April 11th of this year. Then, it continuously added to the position until the average entry price was around $2760. It started to gradually reduce the position towards the end of August.

5 minutes ago

Vietnam Approves Five-Year Cryptocurrency Exchange Pilot Program

On September 9th, Vietnam approved a five-year pilot project for a cryptocurrency exchange.

5 minutes ago

In the last 4 hours, MYX liquidated positions worth $9,094,500, and WLD liquidated positions worth $8,531,700.

On September 9th, according to Coinglass data, within the past 4 hours, MYX has seen a liquidation amount of $9.0945 million and WLD has had a liquidation of $8.5317 million. In contrast, Bitcoin has only experienced a liquidation of $2.6538 million. During the past 24 hours, a total of 192,042 people worldwide have been liquidated, with a combined liquidation amount of $330 million. The largest single liquidation took place on Binance - BTCUSDT, reaching $2.6474 million.

5 minutes ago

Binance Alpha will list PINGPONG (PINGPONG) and open airdrop claiming to eligible users

September 9th: Based on official information, Binance Alpha is scheduled to list PINGPONG (PINGPONG) on September 11th. Eligible users can access the Alpha event page once the Alpha trading commences and claim the airdrop by using Binance Alpha Points. Specific details will be provided separately.

5 minutes ago

MYX market cap surpasses BGB, approaching OKB, MNT

On September 9th, based on Coinmarketcap data, as MYX continues to rise, its market capitalization has also increased to 33.99 billion US dollars and currently ranks 35th on the cryptocurrency market cap rankings.
The market capitalization has exceeded the market capitalization of the mainstream cryptocurrency exchange platform Bitget's platform token BGB ($3.402 billion), and is approaching the market capitalizations of OKX's platform token OKB ($3.935 billion) and Bybit's platform token MNT ($4.039 billion).

5 minutes ago

Bybit Launches Private Wealth Management Broker Program, Empowering Partners to Expand High Net Worth Clientele

On September 9th, the cryptocurrency exchange Bybit officially launched its Private Wealth Management (PWM) Broker Program. The aim is to expand the base of high-net-worth clients and the size of funds through a partner network. This program is distinct from the traditional referral model and is specifically designed for brokers serving high-net-worth clients. Partners can receive performance-based commissions, with a maximum revenue share of 3% (depending on the Asset Under Management level). They enjoy full support from client referral to profit distribution. The process involves: applying and providing UID, introducing PWM private fund products, assisting clients in subscription and allocation, and completing profit distribution through SMA sub-accounts. Data indicates that Bybit PWM achieved outstanding performance in July: the average annualized rate of return (APR) of all funds increased by 160% month-on-month, and the flagship high-yield USDT strategy achieved an APR of 19.77%

5 minutes ago