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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.
6m 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
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UAE Telecom Giant e& Pilots Dirham Stablecoin Payment System
ChainCatcher reports that, according to Cointelegraph, the UAE telecom giant e& has signed a memorandum of understanding with Al Maryah Community Bank to test the use of the Dirham stablecoin (AE Coin) within its payment infrastructure. The pilot project will allow users to pay mobile bills, household service fees, top-up prepaid lines, and more using this stablecoin, which is licensed by the Central Bank of the UAE. Hatem Dowidar, CEO of e& Group, stated that this stablecoin can enable “instant settlement, complete transparency, and frictionless access.”