1. According to the BitUniverse market, Bitcoin is currently quoted at US$26,882, a 24-hour increase of 0.4%; Ethereum continues to rise, breaking through US$710, and is now at US$712, with an intraday increase of 10.85%%. According to coin data, in the past 24 hours, the amount of liquidation on the entire network has exceeded 663 million US dollars, or about 4.32 billion yuan, and the amount of Bitcoin liquidation has reached 516 million US dollars. One of the largest liquidation orders occurred in Bitmex-XBT, worth 6.19 million US dollars.
2. According to the ChainNews, DEX aggregator 1inch (1INCH) has launched a new liquidity mining plan. In the next two weeks (December 26th to January 9th) 0.5% of the total supply of 1INCH tokens will be allocated to the liquidity of 6 pools Provider, the 6 pools are 1INCH-ETH, 1INCH-DAI, 1INCH-WBTC, 1INCH-USDC, 1INCH-USDT and 1INCH-YFI. Prior to this, the 1inch DEX aggregator has officially issued the governance token 1INCH, with a total issuance of 1.5 billion. According to the token economic model announced by 1inch, 30% of the total supply of tokens will be used to ensure network security and maintain its functions (unlocked in 4 years), and 22.5% of the tokens will be distributed to 1inch’s core team and future employees (4 years) Unlocked), 21% for ecological construction (unlocked in 4 years, some of which are used for liquid mining plans), 19.5% of the tokens are allocated to investors and shareholders (unlocked in 2.5 years), and 5% is allocated to consultants ( Unlocked in 4 years), 2% is allocated to the early liquidity provider of Mooniswap, its automated market maker product (unlocked in 1 year).
3. On December 28, Redditor, a user on the well-known overseas forum Reddit, exchanged his Moon tokens for Bitcoin. The Moon token is one of Reddit’s first-ever launch of Ethereum-based “community points” encrypted reward tokens in May. At that time, Reddit only selected two theme forums as experiments, one of which was the r/CryptoCurrency theme forum. The 31-year-old Reddit user Cryptorich13 claimed to have been rewarded with tens of thousands of Moon tokens by continuously posting popular posts, and then he sold his Moon tokens and exchanged them for BTC. Due to the soaring of Bitcoin, the income he posted on Reddit has now exceeded $24,000. Cryptorich13 claims that his posts are very popular and he has received 80,000 Moons since 2017. Then he uses MetaMask wallet, you can send Moon tokens to an exchange created by Griffith-xMoon. From this exchange, Moon will be on the xDai blockchain, a different version of the stablecoin DAI blockchain.
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