24H News


Huobi Global Will Launch SKL

Huobi Global will launch SKL (SKALE) in Inno Hub on November 30, 2020. The holding limit of a single project of each account is 50,000 USDT equivalents of tokens, and there is no holding limit for API trading, insiders and above (Huobi VIP). Huobi Global has now opened SKL deposits, and will open SKL trading (SKL/USDT、SKL/BTC、SKL/ETH) on December 1st (UTC+8) when deposits meet the market demand. SKL withdrawals will be enabled at 15:00 on December 2nd (UTC+8).

JPMorgan Says Quant-Fueled Bitcoin Drop May Have Further To Go

Bitcoin’s recent tumble cleared some speculative “froth” but further declines remain possible, according to JPMorgan Chase & Co. Momentum traders such as commodity trading advisors and other quantitative funds likely played a big role in the slide by unwinding long Bitcoin futures positions, strategists led by Nikolaos Panigirtzoglou wrote in a Nov. 27 note. “The previous froth in momentum traders’ positioning has been cleared to a large extent,” they wrote, while adding momentum signals will continue to deteriorate unless Bitcoin recovers quickly. The largest cryptocurrency slid as much as 14% on Nov. 26, not long after nearing its December 2017 record high of $19,511. Profit-taking and concern about new regulations were among the factors cited for the slump, which revived questions about whether digital assets are in an unsustainable bubble.

Effective Hashrate Of Filecoin's Entire Network Marks 1.14 EiB

According to data from filfox.info, the effective hashrate of Filecoin's entire network now marks 1.14 EiB, and the number of active miners is 761. The FIL production in the last 24 hours reads 197,652 FIL, and the amount of pledge collateral is 19,814,464 FIL. The top five miners in effective hashrate ranking are shown in the figure.

Total Market Cap Of Uniswap Tokens Marks $1.69 Bln

Uniswap, an intelligent trading platform, currently has total liquidity of about $1.69 billion (+4.32%) of tokens with a 24h trading volume of about $224 million (+23.75%). The top three gainers are LGCY (+64.59%), ROOK (+59.37%), and Komet (+40.05%), and the top three losers are Spice (-31.67%), BUILD (-20.66%), and Bidao (-17.20%).

OKEx Will Support XRP's Spark Token Snapshot And Airdrop

According to an official release, OKEx will support the Spark (SPARK) Airdrop Program for XRP holders. XRP deposits and withdrawals will be suspended at 12:00 on December 11, 2020 (UTC). The trading function will not be affected. The exchange will take a snapshot of all XRP tokens held by OKEx users at 00:00 on December 12, 2020 (UTC) to record users' XRP holdings. OKEX will distribute SPARK tokens after the project has completed the SPARK token distribution to XRP holders.

AntMiner S19j Is Expected To Be Shipped In June/July Next Year

AntMiner S19j and S19j Pro are on sale in futures. The performance of S19j is similar to that of S19, marking 34.5 J/T. It is expected to be shipped in June or July next year. S19j Pro related indicators are basically the same as those of S19 Pro. Although the performance indicators are fundamentally the same, this indicates that Bitmain will obtain new production capacity.

Over 4900 BTC Moved Out Of Bithumb

Citing Whale Alert, 4,927.7163 BTC ($90,759,170 USD) were transferred from Bithumb to an unknown address starting with 3N4jAv at 02:38:28 UTC on November 30. The transaction hash is dff658277ce2efc416eb0aa6fd6d5b461f7da886a6af1081953294c99b8caee7.

Vitalik Buterin: Ethereum PoS Had Much Stronger Properties Than Most Existing Schemes

A Twitter user stated that from the outside, it seems that PoS is not a big achievement, it has already been existing on other coins. What is difficult would be the actual scaling of the blockchain. Vitalik Buterin, co-founder of Ethereum, made an answer, saying, "Ethereum's PoS had much stronger properties than most existing schemes. The complexity goes up a bit further because it's been designed to be 'ready to be plugged into sharding' (ie. a lot of work that's *really* sharding work is already done)."

Aave Founder: All DeFi Protocols Should Work Towards Cross Composability

Aave founder Stani Kelechov tweeted to state that The recent collaborations with yiearn.finance are an positive sign for DeFi. All DeFi protocols should work towards cross composability. "Aave has been working with AndreCronje since beginning of this year and during this time we achieved positive network effects," he added.

Thanos Hard Fork Is Set To Take Place On November 29

The Ethereum Classic network is set to undergo a network upgrade on November 29, according to an announcement by ETC Core developer and Ethereum Classic Labs, the teams behind ETC’s blockchain ecosystem. Dubbed ‘Thanos,’ this hard fork is an Ethereum Classic Improvement Proposal (ECIP 1099) and is part of developing a stable ecosystem that can withstand 51% attacks.
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