clearing

Cryptocurrency clearing startup Glacis Labs has completed a $6.8 million seed round financing. This round was led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN (formerly IDC Ventures), Protein Capital, and Techni Ventures, using an equity + token warrant structure.The financing will primarily be used to expand its core product, the ZeroDelta platform, and support the expansion of engineering, compliance, and market teams. ZeroDelta is a multi-chain clearing platform that enables matching, net settlement, and final settlement of cross-blockchain digital assets, currently focusing on stablecoins, and has processed over $1 billion in transaction volume to date.

According to Coinglass data, if BTC falls below $61,379, the cumulative long liquidation intensity on mainstream CEX will reach $1.71 billion. Conversely, if BTC breaks above $67,811, the cumulative short liquidation intensity on mainstream CEX will reach $1.118 billion.

According to Hyperliquid News monitoring, over $3.33 billion in positions have been liquidated on tradexyz.

According to Coinglass data, if BTC breaks through $67,030, the cumulative short liquidation intensity on mainstream CEX will reach $769 million. Conversely, if BTC falls below $61,090, the cumulative long liquidation intensity on mainstream CEX will reach $687 million.

According to Coinglass data, if ETH breaks through $1,899, the cumulative short liquidation intensity on mainstream CEX will reach $619 million. Conversely, if ETH falls below $1,721, the cumulative long liquidation intensity on mainstream CEX will reach $540 million.

The Hong Kong Interbank Clearing Limited (Hong Kong Clearing) announced that it has recently discovered multiple counterfeit websites that lure users into submitting personal information such as ID card numbers, ID card photos, and phone numbers under the guise of "Buyer Online Security Assurance" for so-called "real-name authentication," and use cash rewards as an incentive, allowing users to recharge and withdraw funds through virtual wallets.The Hong Kong Interbank Clearing Limited urges the public to be cautious of suspicious calls, websites, or other communications, and to report to the police as soon as possible if they suspect they have been scammed.

According to Coinglass data, if BTC falls below $61,070, the cumulative long liquidation intensity on mainstream CEX will reach $1.328 billion. Conversely, if BTC breaks above $67,208, the cumulative short liquidation intensity on mainstream CEX will reach $1.207 billion.

According to Jinshi, Dallas Federal Reserve President Logan stated that if the Federal Open Market Committee conducts open market operations through a voluntary central clearing mechanism, it will help improve the efficiency and effectiveness of operations and enhance the stability of the U.S. financial markets.She pointed out that the relevant arrangements could improve the use of Federal Reserve tools, such as the standing repo facility, which is designed to provide liquidity to eligible financial institutions, but the current market usage rate remains relatively low.

According to Coinglass data, if ETH falls below $1,692, the cumulative long liquidation intensity on mainstream CEX will reach $735 million. Conversely, if ETH breaks above $1,867, the cumulative short liquidation intensity on mainstream CEX will reach $525 million.

According to The Block, the entertainment sector on-chain clearinghouse KOR Protocol announced the completion of a $7.5 million Series A financing round, with a valuation of $100 million. Investors include 1kx, Blockchain Capital, as well as previous investors Republic Crypto, Sfermion, Alumni Ventures, and SevenX.KOR Protocol is building an on-chain creative asset clearing platform for the registration, verification, and settlement of creative works such as music and film, and will provide programmable revenue sharing to creators and rights holders through stablecoins like USDC.KOR stated that this round of funding will be used for platform development, ecosystem growth, and partner integration, and plans to launch a token.

According to Coinglass data, if ETH breaks through $1,854, the cumulative short liquidation intensity on mainstream CEX will reach $602 million. Conversely, if ETH falls below $1,684, the cumulative long liquidation intensity on mainstream CEX will reach $576 million.

According to Coinglass data, if ETH falls below $1,692, the cumulative long liquidation intensity on mainstream CEX will reach $549 million. Conversely, if ETH breaks above $1,866, the cumulative short liquidation intensity on mainstream CEX will reach $463 million.

The China Payment and Clearing Association has issued a warning to prevent cross-border gambling scams involving virtual currency, aimed at helping the general public enhance their awareness of fraud prevention and their ability to recognize scams.The China Payment and Clearing Association reminds that cross-border gambling results in "ten bets, ten losses." Participating in gambling through virtual currency is more concealed and risky. Engaging in gambling and providing funding for gambling activities is illegal and against regulations. Do not participate in virtual currency gambling transactions, and maintain the bottom line of financial security.

According to Coinglass data, if ETH falls below $1,687, the cumulative long liquidation intensity on mainstream CEX will reach $656 million. Conversely, if ETH breaks above $1,862, the cumulative short liquidation intensity on mainstream CEX will reach $399 million.

According to Coinglass data, if ETH falls below $1,660, the cumulative long liquidation intensity on major CEXs will reach $891 million. Conversely, if ETH breaks above $1,821, the cumulative short liquidation intensity on major CEXs will reach $389 million.

According to Coinglass data, if ETH falls below $1,491, the cumulative long liquidation intensity on mainstream CEX will reach $732 million. Conversely, if ETH breaks above $1,647, the cumulative short liquidation intensity on mainstream CEX will reach $610 million.

According to Coinglass data, if ETH falls below $1,511, the cumulative long liquidation intensity on mainstream CEX will reach $643 million. Conversely, if ETH breaks above $1,656, the cumulative short liquidation intensity on mainstream CEX will reach $562 million.

According to Coinglass data, if Bitcoin breaks through $62,000, the cumulative short liquidation intensity on mainstream CEX will reach $915 million. Conversely, if Bitcoin falls below $59,000, the cumulative long liquidation intensity on mainstream CEX will reach $697 million.The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity. Therefore, the liquidation chart demonstrates to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.