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The Trump-Linked Stablecoin USD1 Collaborates with Enso to Expand Multi-Chain DeFi Business

11 hours ago

On October 28th, as per DL News, USD1, a stablecoin linked to U.S. President Trump, has recently joined forces with the crypto cross-chain deployment technology provider Enso in order to further enlarge its DeFi business reach across multiple blockchain ecosystems. Connor Howe, the founder of Enso, declared that this partnership will boost the allure of DeFi to institutions and other significant participants, enabling them to make use of deep liquidity and optimal pricing. According to the partnership announcement, Enso will propel USD1 to achieve "on-chain omnipresence" and distribute the stablecoin's liquidity to various blockchain protocols. After the partnership is put into effect, USD1 will initially become operational on margin trading protocols like Dolomite, allowing users to safely complete cross-chain transactions, lending, and transfers using this stablecoin.
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If Bitcoin breaks $118,000, the mainstream CEX's cumulative short liquidation intensity will reach $1.12 billion.

On October 28th, according to Coinglass data, if Bitcoin exceeds $11.8K, the cumulative short liquidation intensity of mainstream CEXs will reach $1.12B. Conversely, if Bitcoin drops below $11.3K, the cumulative long liquidation intensity of mainstream CEXs will reach $1.112B. BlockBeats Note: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what degree the asset's price reaching a certain level will be impacted. Higher "liquidation bars" indicate that once the price reaches that level, a more intense reaction will occur due to a liquidity cascade.

6 minutes ago

Bitcoin Bounces Back to Reach $116,000

On October 28th, based on HTX market data, Bitcoin saw a rebound and reached $116,000. It is currently trading at $116,000 with a 24-hour increase of 1.12%.

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Oracle: Digital Asset Data Hub to Launch Next Year

On October 28th, Oracle (ORCL.N) announced that the digital asset data hub will be launched in the following year. (Financial Times)

6 minutes ago

Animoca Brands has announced the purchase of AERO tokens from the open market and their lock-up.

On October 28th, as per official channels, Animoca Brands declared the acquisition of AERO tokens from the open market and their locking-up.

6 minutes ago

「100% Win Rate Whale」 Long Position on SOL Surpasses $11 Million

On October 28th, as per the monitoring of HyperInsight (accessible via https://t.me/HyperInsight and opened in a new tab), the "100% Win Rate Whale" has been continuously increasing its position by leveraging 10 times in a long position of SOL. The current position has exceeded $11 million, and the total long position of various tokens has exceeded $460 million.

6 minutes ago

Aster: S3 Airdrop will commence after all token buybacks are completed

On October 28th, the Aster team declared that all buybacks of S3 would be carried out on the blockchain. After the buyback was finished, the tokens would be transferred to the same address that was used for the S2 buyback. The S3 airdrop would begin once all buybacks were completed. The airdropped tokens would mainly be distributed directly from the buyback address. If the balance was not enough, the remaining part would be unlocked from the airdrop allocation to complete the airdrop.

6 minutes ago

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