【Data Intelligence】
$1.12 billion has been liquidated in the crypto market in the past 24 hours
On June 14th, according to Coinglass statistics, the crypto market has liquidated $10.5 million in the past hour. In the last 24 hours, 258,042 traders were liquidated for a total of $1.12 billion. The largest single liquidation order on Bitmex - XBTUSD worth $4.46 million.
The current market value of Bitcoin accounts for 45.58%
According to the latest data from CoinMarketCap, the current market value of Bitcoin accounts for 45.58%, and the market value of Ethereum accounts for 15.45%.
【 Regulatory News 】
Brazilian Congressman Introduces Bill to Recognize Bitcoin and Cryptocurrencies as Means of Payment
According to a tweet by Bitcoin Magazine, members of the Brazilian Congress have introduced a bill to recognize Bitcoin and cryptocurrencies as a means of payment.
Binance.US Hit by Class Action Lawsuit, Accused of Misleading Investors in Terra Incident
On June 13, according to public litigation documents, Binance.US was hit with a class action lawsuit, accused of misleading investors in the Terra incident. The lawsuit was filed by the US law firm Roche Freedman LLP, accusing Binance.US of over-promoting the Terra Ecological Stablecoin UST, causing investors to suffer huge losses. The lawsuit also alleges that Binance.US was not registered as a broker-dealer because Binance.US listed UST, which could be deemed an unregistered security, in violation of securities laws.
【Industry Trends】
Celsius official clarification: the team has nothing to do with the creation of CEL2.0 tokens
Celsius officially tweeted that in order to avoid confusion, CelsiusNetwork clarified that CelsiusNetwork has nothing to do with the creation of any so-called CEL2.0 tokens. Our security teams are on alert, and investors should be, too.
Coinbase Custody newly supports deposit and withdrawal of 14 tokens including DAR and ABT
On June 14th, Coinbase Custody added support for deposits and withdrawals of 14 tokens including PLU, UFT, AVT, AST, ABT, CVP, DAR, HAPI, ELON, CRPT, EDDA, TITAN, RFUEL, and SWFTC.
Sequoia Capital launches two new funds with a total scale of US$2.85 billion, which will expand investment in the Web3 field
On June 14th, Sequoia India and Southeast Asia, a subsidiary of Sequoia Capital, announced the launch of two new funds, Sequoia Capital India Early Venture and Growth Fund (approx. $850 million). It is reported that in addition to continuing to focus on SaaS and financial technology and other fields, the two funds of Sequoia India and Southeast Asia will further expand their investment scope, including Web3 and other fields. They have previously invested in Web3 startups such as Coin Switch Kuber and Polygon.
Sponsored Business Content
MicroStrategy transfers 2089 bitcoins for the first time, or plans to reduce holdings
On June 13, on-chain data showed that MicroStrategy had just transferred 2,089 bitcoins (approximately $48 million) to a new wallet, which was the company's first transfer of bitcoins. According to CryptoWhale analysis, this move may mean that MicroStrategy plans to sell its Bitcoin holdings.
Fswap was hacked and is cooperating with CertiK to deal with related issues
On June 14, Fswap officially stated that it was hacked at 22:08 on June 13. At present, Fswap is actively cooperating with CertiK to deal with the hacking problem. At present, it is trying to communicate encrypted with the hacker through the blockchain, but the hacker There was an error with the encrypted message, but attempts are still being made to continue communicating. Fswap stated that the attack was not a vulnerability incident of the attacked project, but a malicious loan attack incident. Hackers borrowed from BISWAP to FSWAP for transaction attacks. FSWAP passed the CertiK full contract audit and is communicating with CertiK to deal with it.
【Elite Viewpoint】
El Salvador's Finance Minister: Fiscal Risk From Bitcoin Crash Is Minimal
El Salvador's Finance Minister Alejandro Zelaya on Monday dismissed concerns that a sharp drop in the value of bitcoin could harm the Central American nation's fiscal health. The only thing I could do was smile when they told me that El Salvador’s financial risk due to Bitcoin was very high, and that the financial risk from a Bitcoin crash was minimal, Zelaya said. Zelaya cited Deutsche’s earlier estimates that the country’s bitcoin portfolio had lost around $40 million in value. Zelaya said that $40 million is not even 0.5% of our national budget.
Changpeng Zhao: Binance is expanding recruitment and accelerating mergers and acquisitions
On June 14th, Binance CEO Changpeng Zhao said at a recent meeting that the bear market is a good time for cryptocurrency companies to hire more people and increase investment. He stated that Binance has a "very healthy" wartime fund, in fact, that Binance is now expanding its hiring, and that Binance is "accelerating its M&A activity." Zhao Changpeng believes that during the bull market, there are many projects, but the premium is usually high. Binance is seeking to increase investment and increase its growing portfolio, which will "maximize the use of the encryption winter."
【What to watch today】
OpenSea Introduces New Feature to Automatically Hide Suspicious NFT Transfer Transactions
News on June 13, according to the official OpenSea blog, the OpenSea NFT market has launched a new feature that can automatically hide suspicious NFT transfer transactions on OpenSea. Phishing triggers NFT theft as scammers use NFT transfers to trick recipients into viewing NFT listings that contain links to malicious third-party websites, resulting in users being tricked into visiting and interacting with those sites. OpenSea’s new feature can automatically transfer suspicious NFT transactions to hidden folders, which will greatly reduce the spread of fraudulent media, similar to the function of spam boxes in mailboxes. In addition, there are filter options for hidden folders, which are "hidden by user" and "automatically hidden", and OpenSea will also notify users regularly.
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Cheng Yuan
