Odaily News According to TradingView, BCH fell 20% last week, the biggest drop since April. “The BCH price slippage chart, which simulates a $100,000 sell order, has reached its highest level in more than a month on most exchanges, indicating that liquidity is deteriorating due to insufficient order depth for large market orders,” Kaiko said in a newsletter published on Monday. Slippage refers to the difference between the expected price of a transaction and the actual execution price, and its peaks represent poor market liquidity and/or high volatility. According to Kaiko, on July 5, the day Mt. Gox announced its repayment, the BCH market slippage on Bybit rose from 0.2% to 2.8%, and on Itbit from 0.3% to 3.5%. Kaiko said that the poor liquidity “coincides with the strong selling pressure associated with the Mt. Gox repayment event, and the highest increase in slippage was observed on Itbit and Bybit.” Arca Chief Investment Officer Jeff Dorman said market makers have completely disappeared, similar to the credit market in 2009-2010. (CoinDesk)

Odaily News According to the on-chain detective ZachXBT, a TAO holder had 28,200 TAO stolen from him on June 1, equivalent to about $11.2 million. The hacker has bridged the stolen funds to Ethereum and sold some TAO for ETH and USDC. Currently, the hacker has 12,400 TAO (about $5 million) left and has transferred USDC and ETH to Whitbit, HTX and Binance.

Odaily News Since spot ETFs began trading in the United States last Thursday, BTC has been under selling pressure. Data tracked by Kaiko shows that selling pressure is mainly concentrated on Binance, OKX and Upbit. At press time, Bitcoin was trading at $42,700, down 12% from the high of $48,975 hit last Thursday. The price drop appears to be due to traders beginning to take profits from long (buying) positions in anticipation of the ETFs debut. Data tracked by Kaiko shows that Binance’s spot market CVD turned positive last Thursday and has been declining since then, equivalent to a capital outflow of nearly 5,000 BTC. South Korea’s Upbit ranks second in net capital outflows, followed by Itbit and OKX.

Odaily星球日报讯 芝商所（CME）和加密货币基准指数提供商CF Benchmarks计划推出三个新的元宇宙参考利率和实时指数，分别为Axie Infinity（AXS）、Chiliz（CHZ）、Decentraland（MANA），不可交易，其中参考利率将从1月30日开始每天计算和发布一次，而实时指数数据将每秒发布一次，包括Bitstamp、Coinbase、Gemini、itBit、Kraken和LMAX Digital在内的几个加密交易所和交易平台将提供定价数据。

Odaily星球日报讯 芝商所（CME）和加密货币基准指数提供商CF Benchmarks已推出三个新DeFi参考利率和实时指数，分别为Aave、Curve和Synthetix，不可交易，但可用于更准确地标记加密投资组合和构建结构化产品，“这三个新基准，加上今年早些时候推出的Uniswap，将捕获以太坊上DeFi协议TVL的40%以上”。 其中参考利率将每天计算和发布一次，而实时指数数据将每秒发布一次，包括Bitstamp、Coinbase、Gemini、itBit、Kraken和LMAX Digital在内的几个加密交易所和交易平台将为新基准提供定价数据。