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Home ยป Web30 Daily 571 Million Liquidated Across the Web in Past 24 Hours

Web30 Daily 571 Million Liquidated Across the Web in Past 24 Hours

By adminJul. 5, 2024No Comments4 Mins Read
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Web30 Daily  571 Million Liquidated Across the Web in Past 24 Hours
Web30 Daily 571 Million Liquidated Across the Web in Past 24 Hours
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CoinWorld Report:
DeFi Data
1. Total market cap of DeFi tokens: $77.033 billion


Source: Coingecko

2. 24-hour decentralized exchange (DEX) trading volume: $7.460 billion


Source: Coingecko

3. Locked assets in DeFi: $83.558 billion


Source: Defillama

NFT Data
1. Total market cap of NFTs: $28.512 billion


Source: Coinmarketcap

2. 24-hour NFT trading volume: $3.478 billion


Source: Coinmarketcap

3. Top NFT sales in the last 24 hours


Top 10 NFTs by sales volume in the last 24 hours
Source: NFTGO

Headlines
Liquidations across the network totaled $571 million in the past 24 hours, as per Coinglass data. Long liquidations amounted to $496 million, while short liquidations stood at $75.205 million. Within the last hour, liquidations reached $135 million, with longs at $127 million and shorts at $8.784 million.

NFT Highlights
1. ZkSync denies “internal minting” of NFTs; some minters previously participated in related activities. According to Matter Labs, developers of Ethereum Layer 2 network zkSync, allegations of “insider minting” were refuted on June 26. They asserted that all minters of Libertas Omnibus NFTs qualified under official standards. Earlier, blockchain researcher SoEasy accused the team on June 17 of distributing Libertas Omnibus NFTs to ineligible acquaintances. SoEasy claimed these “internal mintings” allowed insiders to mint ZK tokens without meeting airdrop criteria. A Matter Labs representative stated, “Users can mint Libertas Omnibus NFTs through various means.” One group of eligible users consisted of individuals who interacted with the top 100 ranked zkSync NFTs, while another comprised “event attendees who visited our booth or table and could scan a one-time QR code to mint NFTs.”

DeFi Highlights
1. Arkham: Government wallets collectively hold $17.8 billion in Bitcoin as of July 5. Arkham data reveals multiple governments possess substantial Bitcoin holdings, valued at approximately $17.8 billion at current market prices. The U.S. government holds the largest share, estimated at $12 billion, followed by the U.K. with holdings valued at about $3.3 billion, Germany at $2.2 billion, and El Salvador’s treasury with $314 million in Bitcoin, making it the first country to adopt Bitcoin as legal tender in 2021.

2. Layer1 relational blockchain Chromia to launch MVP mainnet on July 16. Layer1 relational blockchain Chromia announced the launch of its MVP mainnet on July 16, facilitating CHR cross-chain transfers from Ethereum and BNBChain. Additionally, Chromia plans to offer native staking services in the third quarter.

3. PancakeSwap to airdrop 2.45 million ZK tokens to users. PancakeSwap will distribute 2.45 million ZK tokens to reward its community and promote participation in zkSync PancakeSwap. The airdrop begins on July 5 at 10:30 UTC and continues until August 5 at 10:30.

4. Bloomberg ETF analyst expresses uncertainty over launching Ethereum ETF around July 15. Bloomberg ETF analyst James Seyffart previously indicated confidence that a spot Ethereum ETF might launch around July 15 but now cites “lack of confidence” in the timing. He added there’s currently no official approval timeline, with the SEC’s Division of Corporation Finance “taking time” to approve each fund. However, another Bloomberg ETF analyst, Eric Balchunas, believes all signs point to “launching an Ethereum ETF this month,” noting Bitwise has been able to amend its application earlier than expected by July 8.

5. Report: 260,000 victims lost $314 million across the entire EVM chain in the first half of 2024. Scam Sniffer released a mid-year phishing report. In the first half of 2024, 260,000 victims lost $314 million across the entire EVM chain. Twenty individuals lost over $1 million each, totaling $58 million. This year’s losses matched those stolen last year in just six months. The victim with address 0xfb94d340 lost $11 million, becoming the second-largest theft case in history.

Gaming Highlights
1. Telegram’s encrypted game Hamster Combat to issue HMSTR tokens on Tone Network (TON).
2. Nintendo: No plans to use artificial intelligence in upcoming games. Nintendo President Shuntaro Furukawa confirmed on Tuesday that Nintendo will not incorporate generative AI technology into its games due to concerns over intellectual property issues. Furukawa stated, “We have decades of expertise in creating unique gaming experiences. While we can adapt to technological advances, our goal is to continue delivering unique value that cannot be achieved solely through technology.” The company has actively protected its intellectual property through legal actions, having sued multiple entities for unauthorized use of its characters, trademark infringements, and piracy.

Disclaimer: As a blockchain information platform, the published articles are for informational reference only and not actual investment advice. Please establish correct investment concepts and enhance risk awareness.

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