π Kaiko: #BTC Market Depth on the leading CEXs hit its lowest level since May 2022.
π #BNX BinaryX opens beta test of futuristic space simulator Project Matthew cointelegraph.com
π€ CryptoAttack π¬π§
β οΈ BitMEX has suspended all trading
π BitMEX has resumed trading
π #CRV 73k #stETH (~$116M) was traded for Curve. The pool is a little unbalanced after Euler exploit, since the hacker withdrew about 120 thousand wstETH from Euler
π€ CryptoAttack π¬π§
π₯³ #GMX #AVAX Avalanche Foundation Launches $4 Million Incentive Program for GMX Trading Platform theblock.com
π€ #GMX earned $5.7 million in commissions in 4 days.
π€ CryptoAttack π¬π§
β οΈπ΄ββ οΈ #EUL Euler Finance estimated damage $175 million Hacker address: 0xb66cd966670d962c227b3eaba30a872dbfb995db
π #BLUR announced the launch of the NFT purchase function on the mobile terminal twitter.com
Twitter
π¨FEATURE ANNOUNCEMENTπ¨
You can now browse and buy NFTs on mobile!
More mobile functionality coming SOON
You can now browse and buy NFTs on mobile!
More mobile functionality coming SOON
π DefiLlama: Traders using DeFi protocols to bet on the #USDC resurgence risk eight-figure liquidations if the stablecoin loses its $peg again.
~$70.8M can be liquidated between $1.00 and $0.895, with two recently filled Compound Interest Protocol positions of $20.7M and $15.4M, respectively.
~$70.8M can be liquidated between $1.00 and $0.895, with two recently filled Compound Interest Protocol positions of $20.7M and $15.4M, respectively.
π° DeFiance Capital Completes First Closure of $100M Liquid Token Fund theblock.com
π€ CryptoAttack π¬π§
π£ #BUSD CEO Coinbase: We expelled BUSD out of listing due to liquidity issues.
π
ββ Coinbase has disabled Binance USD (BUSD) trading.
π Glassnode report:
- Investor reaction to the current #FUD has been somewhat similar to the post-FTX environment, with stablecoins being net transferred to exchanges and receiving #BTC and #ETH instead. On a larger scale, however, the industry has experienced a net capital outflow of approximately $5.9 billion over the past month;
- Tether's dominance in the stablecoin market has been in structural decline since mid-2020. However, with recent regulatory action on BUSD and this week's USDC-related concerns, #USDT's dominance is back above 57.8%;
- the outflow of #BTC and #ETH from exchanges indicates the degree of investor confidence, which is worth noting;
- #ETH markets have recently been more actively used to express speculative interest, which increases volatility.
- Investor reaction to the current #FUD has been somewhat similar to the post-FTX environment, with stablecoins being net transferred to exchanges and receiving #BTC and #ETH instead. On a larger scale, however, the industry has experienced a net capital outflow of approximately $5.9 billion over the past month;
- Tether's dominance in the stablecoin market has been in structural decline since mid-2020. However, with recent regulatory action on BUSD and this week's USDC-related concerns, #USDT's dominance is back above 57.8%;
- the outflow of #BTC and #ETH from exchanges indicates the degree of investor confidence, which is worth noting;
- #ETH markets have recently been more actively used to express speculative interest, which increases volatility.
πΊπ¦ Binance will prohibit the purchase and withdrawal of hryvnia using Settlepay and Advcash from March 21. twitter
π€ CryptoAttack π¬π§
π₯³ #BTC CME Group will launch BTC futures contracts on March 13th.
π₯³ CME Group launched #BTC futures contracts. the block
π Kaiko report:
- US exchanges continue to suffer the most liquidity due to the banking shutdown: Gemini's liquidity fell 74% in March, Coinbase fell 50% and Binance US saw a 29% drop. Meanwhile, liquidity on Binance declined by only 13% this month;
- the liquidity of the cryptocurrency market in March decreased by 52%, and last night increased by more than $ 125 million, or 30%
- US exchanges continue to suffer the most liquidity due to the banking shutdown: Gemini's liquidity fell 74% in March, Coinbase fell 50% and Binance US saw a 29% drop. Meanwhile, liquidity on Binance declined by only 13% this month;
- the liquidity of the cryptocurrency market in March decreased by 52%, and last night increased by more than $ 125 million, or 30%
πΈ #AAVE #COMP Kaiko: On March 11, Aave and Compound received payouts of more than #2 billion, mostly in #USDC, as borrowers were able to repay their loans at a discount due to the depegging.
In total, $400 million was withdrawn from Compound, and $13.1 billion from Aave, of which $11.9 billion came from #ETH.
In total, $400 million was withdrawn from Compound, and $13.1 billion from Aave, of which $11.9 billion came from #ETH.