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Tether on TRON Network Surpasses Visa’s Average Daily Volume Hitting $53B
Tether on TRON Network Surpasses Visa’s Average Daily Volume Hitting $53B

TRON-based USDT surpassed Visa’s daily average of $42 billion in Q1, 2024.

Cryptopotato·2024/06/22 05:07
Bitcoin at risk of plunging to $60,000 as traders abandon it
Bitcoin at risk of plunging to $60,000 as traders abandon it

Share link:In this post: Bitcoin risks dropping to $60,000 as it struggles around the $65,800 critical level. Traders are not increasing their BTC holdings, weakening market support. US investor demand remains low, affecting Bitcoin’s upward momentum.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified profession

Cryptopolitan·2024/06/22 00:01
Flash
15:46
After closing its position, whale pension-usdt.eth opens a new 3x leveraged ETH short.
Whale pension-usdt.eth, after closing its Ethereum short position, has once again opened a 3x leveraged ETH short, holding 871.3249 ETH, valued at approximately 1.5 million US dollars.
15:44
In the past 24 hours, the entire network has seen $180 million in liquidations, with the majority being from a significant short position liquidation.
BlockBeats News, June 20th, according to Coinglass data, the total liquidation in the past 24 hours was $180 million, with long liquidations amounting to $57.18 million and short liquidations amounting to $123 million.
15:43
Axelar Network responds to security incident, vulnerability originated from third-party token contract
Axelar Network stated in its announcement that neither Axelar Network nor the IBC protocol was attacked, and the affected token smart contract was not developed, deployed, or maintained by Axelar Network. The exploited contract was a forked version of CW20-ICS20, where the developers removed two core security checks, resulting in an "infinite minting" vulnerability. This fork altered the original contract's trust model and had not undergone a security audit. Axelar Network emphasized that this incident was not due to any inherent logic flaws or problems with the IBC protocol, but instead stemmed from security risks introduced by third-party contract modifications.
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