Data: In the past 24 hours, the total liquidation on the entire network was $73,995,000, with long positions liquidated at $43,422,300 and short positions at $30,573,200.
8m ago
The entire crypto market experienced liquidations totaling $67,623,700 in the past 24 hours, with long positions accounting for $38,988,800 of that amount.
1h ago
K-POP World Federation President: Promote the integration of 20,000 industry leaders into MOVA Chain to build a compliant Web3 ecosystem
BlockBeats news, December 3—Park Ki Hwal, a senior leader in South Korea’s cultural industry and President of the K-POP World Alliance, recently announced plans to have over 20,000 core members of his associated top-tier Hip-Hop community fully integrate into the MOVA Chain ecosystem. This move is seen as a key step in transitioning the K-POP industry from “content globalization” to “value globalization.” Going forward, they will deeply explore on-chain application scenarios such as ticket payments, fan membership systems, and RWA (real-world assets) directly based on the MOVA Chain ecosystem. The financial-grade modular public chain MOVA Chain offers the following core technological advantages: a high-performance execution core that meets the high concurrency demands of large-scale commercial applications; a native compliance architecture that enables compliance verification before transactions, addressing the pain point of traditional public chains struggling to meet institutional regulatory requirements; and modular asset management through a unified asset kernel. MovaChain is centered on modular design, specifically built for financial-grade scenarios such as payments, clearing, and asset issuance. Actual peak performance reaches 110,547 TPS, with confirmation times under 1.5 seconds, placing it at a world-leading level. MOVA previously completed a $100 million strategic financing round, led by the Aqua1 Foundation and UAE-based GeoNova Capital (a fund co-invested by Standard Chartered Bank, several UAE institutions, and family offices), with follow-on investments from multiple top financial institutions in Abu Dhabi.