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BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

2025.01.13 21:51:58

BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

Relevant content

OKX Launches Perpetual Swaps for ENA and PENDLE

September 17th. According to an official announcement, OKX has launched ENA and PENDLE perpetual contracts. The ENAUSDT contract trading will commence on September 17th at 3:30 PM (UTC+8). The PENDLEUSDT contract trading will commence on September 17th at 4:00 PM (UTC+8).

15 minutes ago

A whale received 100,000 SOL from Coinbase Prime and subsequently deposited it into OKX.

On September 17th, as per the monitoring of LookOnChain, Whale 2nWbwF, having received 100,000 SOL ($23.64 million) from Coinbase Prime two hours earlier, made a deposit into OKX.

15 minutes ago

EY Survey: 54% of Institutions Not Using Stablecoins Plan to Start by 2026

September 17th. A survey conducted by consultancy firm EY on September 15th showed that the majority of financial institutions and enterprises that are currently not using stablecoins plan to allocate stablecoins within the next 6 to 12 months. The survey, which involved 350 decision-makers, indicated that 54% of non-stablecoin users anticipate starting to implement by 2026, which may increase the global adoption rate of stablecoins among financial institutions and enterprises from the current 13%. Among current users, 41% reported saving more than 10% in costs compared to traditional payment methods. Cross-border supplier payments are the most frequently used case, accounting for 62% of implementation cases. Among current adopters, USDC has a usage rate of 77%, USDT at 59%, and the euro-denominated EURC is used by 45% of the surveyed organizations. Financial institutions expect that stablecoins will account for 5% to 10% of the global payment value by 2030, which is equivalent to $2

15 minutes ago

**Christopher Hui:** Driving Hong Kong to become an international gold trading market, assisting issuers in issuing tokenized gold investment products

September 17th, Carrie Lam, the Chief Executive of Hong Kong, declared that Hong Kong is striving to become an international gold trading market and expanding gold storage. The goal is to exceed 2,000 tons within three years in order to establish a regional gold reserve hub. This initiative will enrich gold investment tools and assist issuers in launching gold funds and tokenized gold investment products. (Golden Ten)

15 minutes ago

JuCoin's native token experienced a brief but steep 50% price drop early this morning, currently trading at $7.8544.

September 17th. Based on market data, JuCoin's native coin JU witnessed a brief yet sharp 50% price decline this morning. Currently, it is trading at $7.8544, with a 24-hour price decrease of 67.06%.

15 minutes ago

Coinbase Data Breach Suspect's Phone Stored Over 10,000 Customer Records

On September 17th, based on the court documents related to the Coinbase data leak case, Ashita Mishra, an employee of TaskUs (Coinbase's outsourced customer service company) from the Indore center in India, has been stealing sensitive customer information since September 2024. This includes Social Security numbers and bank accounts. She has been selling this information to hackers at a price of $200 per photo, which is then used to impersonate Coinbase employees to cheat users. Mishra had more than 10,000 pieces of customer data on the memory of her phone, enabling her to capture up to 200 account information photos per day. This breach has affected more than 69,000 customers and is expected to cost Coinbase up to $400 million in losses. (Fortune)

15 minutes ago