liquidity

According to reports, the Singapore blockchain company RockX has announced the launch of a liquidity pledge platform, Bedlock, aimed at attracting retail and institutional investors to make liquidity investments. In addition, Bedlock will also provide KYC and AML compliance services for Ethereum pledge institutions. It is reported that as an investor in RockX, Amber Group will become one of the first customers of the Bedlock platform. Interpretation of this information: RockX, a blockchain company based in Singapore, has reportedly launched a new platform called Bedlock, which is designed to attract…

On March 13, Jeremy Allaire, co-founder and CEO of Circle, tweeted that Circle’s deposit in SVB was 100% safe and would open tomorrow. USDC reserves are also 100% safe. Circle will complete the transfer of the remaining SVB cash to BNYMellon, and USDC’s liquidity operation will resume when the bank opens tomorrow morning. Jeremy Allaire also said that after the closure of Signature Bank, it would not be able to process and redeem the USDC through SigNet, and Circle would rely on New York Mellon Bank for settlement. Interpretation of…

On March 13, a user mistakenly sold the Curve LP token 3CRV with a value of more than US $2 million and only got 0.05 USDT. DEX aggregator KyberSwap published the investigation results of this event. KyberSwap said that when the user sold, only the route of 0x was successful, so KyberSwap chose the transaction path provided by 0x, which pointed to a pool with almost no liquidity, but the user did not seem to notice the reminder of the actual value of tokens obtained through the transaction and continued…

According to reports, French Finance Minister Le Maire said that the French banking industry has a high level of liquidity and is under extremely strict supervision. We will pay close attention to the situation of Silicon Valley Bank (SVB). The failure of banks in Silicon Valley will not pose a risk to the French banking system. Interpretation of this information: The statement from French Finance Minister, Bruno le Maire, suggests that there are no major concerns over the stability of the French banking industry when it comes to the recent…

According to reports, French Finance Minister Le Maire said that the French banking industry has a high level of liquidity and is under extremely strict supervision. We will pay close attention to the situation of Silicon Valley Bank (SVB). The failure of banks in Silicon Valley will not pose a risk to the French banking system. Interpretation of this information: The recent statement by French Finance Minister Le Maire indicates that the French banking industry is well monitored and has ample liquidity. The minister’s attention is particularly focused on Silicon…

It is reported that Conor, the business director of Coinbase, tweeted that it is noteworthy that a large part of USDCs are sticky and will not/cannot be redeemed immediately. For example, USDC with US $8.1 million is in the blacklist wallet. 10 million USDC is likely to be lost forever, and more than 200 million USD has been locked in FTX assets for many years. Hundreds of millions of funds are locked in the bankruptcy property with slow flow (15 million for Blockfi and 463 million for Voyager). Hundreds of…

It is reported that the First Republic Bank: (company) liquidity situation is still very strong. The deposit base is strong and very diversified, and technology-related deposits account for 4% of the total deposits. Interpretation of this information: The message is reporting that the liquidity situation of First Republic Bank is still strong. This indicates that the bank is in a good financial position and has enough cash reserves to meet its obligations. A strong deposit base is a key factor in the liquidity of a bank, and in this case,…

On March 9, it was reported that the decentralized transaction protocol 0x Protocol has been integrated with the Elastic of KyberSwap, the DEX aggregator of Kyber Network, to provide liquidity for transactions on Ethereum and Polygon. 0x users can now access the liquidity of KyberSwap. Interpretation of this information: The integration of the 0x Protocol with Kyber Network’s DEX aggregator, KyberSwap, is an important development in the world of decentralized finance (DeFi), especially for users of both platforms. This integration will provide liquidity for transactions on both Ethereum and Polygon….

On March 8, the DeFi data stream trading market Overlay Protocol announced that it would open OVL applications for Gearbox Protocol and Sense Finance communities at 17:30 UTC on March 7 (01:30 Beijing time on March 8), with a limit of 200 for Gearbox Protocol and 100 for Sense Finance communities. Interpretation of this information: Overlay Protocol, a decentralized finance (DeFi) platform, released an announcement on March 8, 2021, that it would open OVL applications for Gearbox Protocol and Sense Finance communities. The applications would be available on March 7,…

On March 8, the Aave community’s ARFC proposal on “BUSD Off-shelf Plan” has been voted (ARFC proposal is usually considered as “temperature check”), and has received 99.99% affirmative votes. The proposal outlines the final exit plan of BUSD in the Aave V2 Ethereum market, which aims to reduce the liquidity of BUSD and encourage users to turn to other stable currencies. This plan involves modifying the BUSD risk parameters and will be implemented in a single AIP. Interpretation of this information: The Aave community has voted in favor of the…

It is reported that DeFi insurance provider Nexus Mutual has paid about US $5 million in claims due to the bankruptcy of FTX and BlockFi, and is expected to pay another US $2 million. Nexus Mutual is a member-based service, accounting for about 70% of the locked funds of the encryption native insurance agreement. Interpretation of this information: The recent news of Nexus Mutual, an insurance provider for DeFi, paying out claims worth US $5 million due to the bankruptcy of FTX and BlockFi has caught the attention of many…

It is reported that the Spanish media company Emprinduros announced the launch of a tokenized venture capital fund. According to Emprinduros, the VC fund will be open and the entity will report to the Securities and Exchange Commission. There will be an annual redemption period with limited liquidity. The investment is expected to be locked for at least three years. The average investment will be between $200000 and $600000. The fund began to accept investors, but it was not clear whether Emprinduros had supported any private companies. Emprinduros received the…

It is reported that according to the latest data of Glassnode, the liquidity of BUSD on Uniswap reached US $624229.12, reaching a low of nearly one month. Interpretation of this information: The latest data released by Glassnode has indicated that the liquidity of BUSD on Uniswap, one of the largest decentralized exchanges, has reached a low of nearly one month. BUSD, a relatively stable cryptocurrency pegged to the value of the US dollar, currently has a liquidity value of $624,229.12 on Uniswap. This means that there has been a decrease…

It is reported that the NFT AMM protocol Caviar announced on social media that the public beta has been officially opened to the public. According to Caviar’s official press, users can now trade NFT on their platform and add NFTETH liquidity to the existing public pool or start their own liquidity pool. Caviar said that new functions and changes are being added to Caviar Beta, and some upgrades will be made in the future. However, it should be noted that the platform is still in the testing stage, so pay…

According to reports, according to people familiar with the matter, Blockchain. com did not sell any subsidiaries or discuss possible transactions with Coinbase. It also said that Blockchain. com has sold its illiquid positions to make profits and improve liquidity to take advantage of opportunities. Interpretation of this information: The message stated that Blockchain.com, a digital currency wallet and exchange platform, did not sell any subsidiaries or discuss potential transactions with Coinbase, one of the largest cryptocurrency exchanges. This information is based on reports and sources who are knowledgeable about…

On February 15, Stargate, a cross-chain liquidity agreement based on LayerZero, launched a proposal to introduce GSR as a market maker and allocate 8 million STG two-year options to it. The proposal points out that several CEX recently informed the Stargate Foundation that STG was facing the risk of delisting due to insufficient liquidity, so the Foundation proposed to introduce the market maker GSR as the market maker and allocate 8 million STG two-year options to it. Interpretation of this information: The message discusses a recent proposal by Stargate, a…

According to official Twitter, Coinbase announced that it would launch Access Protocol (ACS). If the liquidity conditions are met, the transaction will start at 9:00 p.m. on February 15, Pacific Winter Time (1:00 p.m. on February 16, Beijing Time). If sufficient supply of the asset is established, the transaction of ACS-USD transaction pair will be opened in stages. Interpretation of this information: Coinbase, a leading cryptocurrency exchange, has announced that it will be launching Access Protocol (ACS) on February 15, 9:00 p.m. Pacific Winter Time (February 16, 1:00 p.m. Beijing…